✅COVETRADER Coupon Code On All Prop Firms
Transcript
Auto-generated from the video audio — expect imperfect punctuation.
What’s going on, guys? So, a lot of people like to ask the difference between TakeProfit Trader and My Funded Futures. Um, before I get into that, we stream live every day here on YouTube. Be sure to subscribe. In the description of this video is a link to our free Discord. Also, if you’re looking to get either one of these accounts, use the code Cove Trader. It will automatically give you the best deal at either one of the sites. take profit trader
Or my funded futures. So, let’s just get into this. Um, basically a lot of people use takeprofit trader or my funded futures basically because there’s no activation fee. So, a lot of times when you pass the eval and then you go to that funded account, the prop firm hits you up for an activation fee of a hundred bucks, $150,$125. There is no activation fee when you use the coupon code on uh take profit trader or my funded futures. So that’s what
Makes both of these uh probably one of the top the top two companies out there. I guess uh especially for price. Uh you can get a funded account for as little as $105 with take profit trader and I think it’s about $100 with my funded futures. Um just to run over the the main differences. Um, you could pass a my funded futures account in one day depending on which one you get. There’s a starter plus expert starter and eval alive. Um,
Take profit trader, they have a 50% consistency rule on the eval uh, and it takes five trading days. You can still flip, but uh, they do have a consistency rule, but then once you’re funded, there’s no consistency rule. While this depending on which one you get, there could be a 40% consistency rule if you use the starter account or if you use a starter plus the uh there is no consistency rule. So, a lot of people are opting for the starter
Pluses. I know this is a super popular one. Starter plus uh 50k is definitely one of the more popular ones because you got the no consistency rule for funded. Um, you know, you still have the 3K profit and they do, uh, you know, they have no activation fee. As you see, there’s no activation fee on any of them. You know, they do have the max contracts is only three. Max contracts on take profit trader is six. Um, you have daily payouts
With take profit trader. You do not have daily payouts with my funded futures. You got to hit the profit target and then you can take money out. Um, then when they push you live, you can take uh daily payouts, but you have to get to live. They also have a eval to live. Um, I’ve never used these because honestly, they’re kind of expensive and I don’t really understand the perk of paying an eval to live for a high amount of money
When um I could just pass like a starter or a starter plus. Then they have the expert accounts. They have no scaling rule. Uh no micro scaling, no consistency rule, no eval consistency rule. So you could pass this on day one and then hit your profit target uh the next day when it’s funded and you’re all set. So you know, there’s definitely perks. There’s a lot of different accounts, a lot of options my funded futures has. Take profit trader is really
Cut and dry. It’s basically uh you get the account, you pass it within five days, you go to pro, there’s no consistency rule, and you could take out money. Once you pass the buffer, if it’s a 50k account and you go over 52,000, you can take out any amount of money. And then once you hit $5,000 of withdrawal or more, you can go to Pro Plus. Pro Plus is the live account and you can have up to five of them. So,
If you don’t like rules and you just want to trade however you want, take profit trader is the way to go and uh that’s where a lot of people go. Um, but also my funded futures, you know, has certain things in there that helps a newer trader like a soft daily loss limit where you hit the daily loss limit on uh on the starter and basically stops you from trading, stops you from blowing the account, then basically you can trade again
The next day. So, there’s a lot of pluses. They have some more rules about payouts. Five days of $100 or more to get a payout. So, there’s a couple more rules involved. Um, but you know, if that’s what you’re looking for, my funded futures is the way. If you are looking for no rules, uh, either one of them you can’t trade news on. But other than that, uh, take profit trader is a free-for-all. Do whatever you want. Just make money and
And take payouts. So, that’s the main differences. You could trade them on all the same platforms pretty much except uh volumetrica is on my funded futures. I use trade of eight so it’s not that big of a deal. They they’re both on trade of other than that if you have questions or comments comment on the video and I will get right back to you. Come in the discord or join us on the live stream.
Leave a Reply