MyFundedFX vs Take Profit Trader

Side-by-side comparison of rules, fees, payouts, and trading restrictions.

Key Differences: MyFundedFX has a lower entry cost starting from $49. MyFundedFX gives more drawdown room at 8%. MyFundedFX pays out Bi-weekly while Take Profit Trader pays out On-demand / daily (24-48h).
MyFundedFX
Take Profit Trader
Profit Split
80%
80%
Max Drawdown
8%
6%
Daily Loss Limit
5%
—
Drawdown Type
Static
Trailing (EOD eval, Intraday PRO, EOD PRO+)
Payout Frequency
Bi-weekly
On-demand / daily (24-48h)
Cheapest Plan
$49
$150
Min Trading Days
5
5
Challenge Types
1-Step, 2-Step, Instant Funding
1-Step
Account Sizes
$5,000, $10,000, $25,000, $50,000, $100,000, $200,000, $300,000
$25,000, $50,000, $75,000, $100,000, $150,000
News Trading
Yes
Yes
Weekend Holding
Yes
No
EAs/Bots
Yes
Yes
Refundable Fee
No
No
MyFundedFX
View full details, reviews & rules
Take Profit Trader
View full details, reviews & rules

Choosing Between MyFundedFX and Take Profit Trader

Both MyFundedFX and Take Profit Trader are popular choices among prop traders, with Take Profit Trader established since 2020. MyFundedFX has a lower entry cost starting from $49. MyFundedFX gives more drawdown room at 8%. MyFundedFX pays out Bi-weekly while Take Profit Trader pays out On-demand / daily (24-48h). The best choice depends on your trading style, instrument preferences, and risk tolerance.

Which is better for...

Lowest costMyFundedFX — Starts from $49
More drawdown roomMyFundedFX — 8% max drawdown

Frequently Asked Questions

Is MyFundedFX or Take Profit Trader better for prop trading?
It depends on your priorities. MyFundedFX has lower entry costs starting from $49. Use our comparison tool to decide based on what matters most to you.
Which has a higher profit split, MyFundedFX or Take Profit Trader?
Both MyFundedFX and Take Profit Trader offer a 80% profit split.
Which is cheaper, MyFundedFX or Take Profit Trader?
MyFundedFX has a lower starting price at $49, compared to $150 at the other firm.
What are the drawdown rules for MyFundedFX vs Take Profit Trader?
MyFundedFX allows 8% maximum drawdown (Static), while Take Profit Trader allows 6% (Trailing (EOD eval, Intraday PRO, EOD PRO+)).

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