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 Daily (PRO) or bi-weekly.
MyFundedFX
Take Profit Trader
Profit Split
80%
80%
Max Drawdown
8%
4%
Daily Loss Limit
5%
—
Drawdown Type
Static
Trailing
Payout Frequency
Bi-weekly
Daily (PRO) or bi-weekly
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
No
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 Daily (PRO) or bi-weekly. 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
EA/bot tradersMyFundedFX — Allows Expert Advisors and automated trading

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 4% (Trailing).

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