Take Profit Trader vs The5%ers for Beginners

Both firms are equally accessible for beginners. Consider starting with the cheaper option to reduce the cost of learning. Take the firm finder quiz for a personalized recommendation. Updated March 2026.

Verdict for Beginners

Recommendation: No clear winner -- both firms are competitive.

Both firms are equally accessible for beginners. Consider starting with the cheaper option to reduce the cost of learning. Take the firm finder quiz for a personalized recommendation.

	Take Profit Trader	The5%ers
Evaluation Type	1-step	2-step
Drawdown Type	Trailing EOD (floor moves up at end of day)	Static (floor never moves)
Consistency Rule	None	None
Min Trading Days	None	3
Daily Loss Limit	2.2%	4%
News Trading	allowed	allowed
Cheapest Entry	$150	$95

Beginner Analysis

As a beginner, the most important factor is how forgiving the rules are. Take Profit Trader uses trailing eod (floor moves up at end of day), which is harder to manage. The floor moves up with your profits, so a winning streak followed by losses can still breach you. The5%ers also uses static drawdown.

Rule complexity matters when you are learning. Take Profit Trader has no consistency rule, keeping things simple. The5%ers has no consistency rule. The5%ers requires 3 minimum trading days. Fewer rules means fewer ways to accidentally fail.

Start with the smallest, cheapest account to limit the cost of learning. Take Profit Trader's entry point is $150 for $25,000. The5%ers starts at $95 for $20,000. Treat the first 1-2 attempts as tuition. Once you understand how the drawdown rules actually feel in practice, you can size up.

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Frequently Asked Questions

Is Take Profit Trader or The5%ers easier for beginners?

For beginners, The5%ers is more forgiving because static drawdown gives you a fixed floor. Both have similar rule complexity.

Should beginners choose 1-step or 2-step evaluations?

A 1-step evaluation has fewer phases to pass, which means less time and fewer opportunities to fail. Take Profit Trader uses 1-step, while The5%ers uses 2-step. For a first-time prop trader, fewer steps means a simpler path to funding.

What is the cheapest way to start as a beginner with Take Profit Trader or The5%ers?

Start with the smallest account size to minimize risk. Take Profit Trader's cheapest option is $25,000 for $150. The5%ers's cheapest is $20,000 for $95. A smaller account means smaller losses during the learning phase.

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