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Transcript
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What’s going on, guys? So, today I’m going to give you the pros, cons, and the reviews for TakeProfit Trader, Apex Trader Funding, and Top Step. Um, yeah, if you’re looking to use any of these, make sure to use coupon code Cove Trader. It will automatically give you the best deal that they’re running. Uh, if you want, come on our live stream every day. We stream live 10:30 to noon and 2:00 p.m. to 4:30. But let’s just jump into this. So, these
Are the three uh main ones that most people use. Um, I also have a Google Sheets right here. It’s going to be in the description of this video. You click there and it has the pros, cons, and uh, you know, withdrawal information. Basically has all the information as well. It’s in the description of this video. But basically what I like about take-profit trader, you can have up to five funded accounts with them, which is great. That’s the same thing with Topep.
Topep also has five funded accounts. Uh Apex, you’re allowed 20, which is obviously the best for that. But the one thing that Take Profit Trader allows you to do is they have daily payouts. Uh so basically you can get paid every single day with them. Um, currently there’s no activation fee also, but as for account verse account, it’s 50K, it’s $119. Top step is uh $49 and Apex is about $35 when they’re running their 80% off deal. The difference is when
You pass this account, there’s no eval uh there’s no fee to go funded. So, there’s no activation fee. Uh Apex has a $125 lifetime activation fee and a 105 monthly. And when you go to Topstep, they have a $149 uh onetime activation fee. So, being that Take Profit Trader has no activation fee, that’s obviously a plus on their side. Um they have a consistency rule of 50% on just the eval. That’s the same with top. They have 50% rule on eval.
Apex you could pass in one day. So that’s what makes Apex the best in that aspect. Um all of them you have to hit the profit target of $3,000. So that’s pretty simple. There’s no rules with take profit trader. I can make $10,000 on day one of a funded account. I can withdraw my money um right away. Apex. Um oh, also you have to go over the buffer of $52,000. Anything above the buffer, you can withdraw um with the profit split.
Apex you have to get to $52,600 to take money out. Uh once you get to 52,600, you could take $500 out. When it comes to top step, you just need five days of $200 or more. Argument sake, say you do five days of $200, you have $1,000 in the account, you can withdraw half of that up to 30 days. So, you withdraw half of that. The only issue is when you withdraw half of that, you get 500 bucks, but now your
Account can’t go lower than 50,000. So once you take money out with Hopstep, you can no longer go below 50,000. When you take money out of uh when you get over the buffer to take money out of Apex, you can’t go below 50,000 also, but obviously you’ve built a bigger buffer. You can only take out $500. So you still have a buffer of 2100. And in take profit trader, the same thing. the uh you can’t go below 50,000 but also you
Can’t withdraw anything over or to bring you under 52,000. So even after you withdraw your money, your buffer is still there for uh for trading and uh the buffer would be $2,000. I went on a streak last month. I took nine straight days of payouts with take profit trader. It was it was amazing. Um, and that kind of really changed my thought and I need to have a pro account with them at uh almost all times. It’s just you, you know,
Being that once you’re over the buffer, it’s kind there’s no more draw down. You could basically have a massive day and uh there’s no there’s trailing draw down on the uh funded until you hit the buffer. Once you hit the buffer, it becomes uh basically static. Same thing with Apex. Once you get over uh you know 52,600 you can’t go below uh 50,000 that becomes static. And same thing with top step. Once you take a payout or get over uh $2,000
You just can’t go below. They have it as zero. Once you go funded it goes zero but basically it’s 50,000 um on it. when you go funded with TopStep, your account’s at zero and you can’t go below negative uh 2,000. So, I’m just keeping the ratios the same when I talk about all the all the firms. Um, yeah, they all use uh they all use the same, you know, you can use Ninja Trader, Trading View, Trader Vape, uh Quant Tower, it’s
All the same. Um, you know, the profit splits 8020 and then once you uh pull out $5,000 to dollars, you get offered. Once you pull out 20,000, you have to go pro plus. Pro Plus is 9010. You could have five accounts. Uh, like I said, no consistency rule, no nothing. Just trade. The only rule they have is you can’t trade one minute before or one minute after news. Uh, Apex has 30% consistency rules, so you definitely got to watch out. You
Can’t have that massive day with Apex where, you know, you hit for5 or $10,000. You basically got to hit the consistency rule and then go to another account. So, that’s not, you know, that’s definitely a a negative in that aspect. Top step, you can there’s no consistency rule. You can just uh let it rip um you know, and then pass the five days, take the money out. Um, everyone pays uh, take profit trader pays you same day. Apex you got to
Wait for the window. So, you got to trade for eight days and then you got to submit a payout. Then they got to approve the payout. So, once I mean they’re the slowest to pay you out. Topep basically takes the money out of your account in a day and then it’s like one to three days for you to re one to three day business days to uh, to receive the money and that’s pretty much it. Everything else is the same. You
Know, the rules, Topep and Take Profit Trader, there really aren’t any rules. Um, you know, Apex has a lot of the rules with with the uh consistency rule or if you’re in a trade, you can’t let it go against you a certain amount depending on how big your account is. So, each one is different. I trade with all them for different reasons. Obviously, I want to get the daily payouts with top take profit trader. Um, I enjoy trading. I I want
20 accounts. You know, it’s nice to have uh, you know, 10 to 20 accounts. With Apex, you can kind of mitigate risk and kind of do a lot of different things with that. And Topep is just another account that I like to have because it has the end of day on the uh, on the XFAS and it allows you another another prop firm that you can get one of those massive payouts with. So, that’s who I get with. Like I said,
Go in the description of this video. You can look at the the sheet. I have some pros, cons, and uh that’s pretty much it. So, if you have any questions, comment on the video uh or come in the live stream and
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