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Abstract:What are Take Profit Trader account types, pro account rules, and commissions? Learn about evaluation, PRO, and PRO+ accounts, fee structures, commissions, and withdrawal policies.
Which account options can traders choose from? Take Profit Trader offers three levels:
This progression allows traders to start risk-free and gradually transition to real market conditions while minimizing financial exposure.
What fees should traders expect? Take Profit Trader charges evaluation fees and technology fees for access to its accounts. Simulated accounts do not have traditional commissions, while PRO+ accounts may include market-related commissions or exchange fees from Tradovate. These costs are competitive compared to starting with a traditional brokerage account.
1. How do withdrawals from PRO accounts work?
Withdrawals are requested through the dashboard and processed via Plaid, PayPal, or Wise. Our test withdrawal of $300 was completed within 24 hours.
2. Do traders need to deposit funds?
No deposits are required. Traders only pay the evaluation fee to start, which reduces the risk compared to opening a traditional account.
3. What is the minimum withdrawal amount?
The minimum withdrawal is relatively low, allowing traders to cash out smaller profits. For exact thresholds, we recommend confirming with customer support.
4. Are there commissions on trades?
No commissions are charged in simulated accounts. In PRO+ accounts, traders may incur standard exchange and broker fees.
5. What rules apply to PRO accounts?
PRO accounts have strict rules like daily drawdown limits, profit targets, and consistency requirements to ensure disciplined trading and risk control.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.