How to Withdraw from TakeProfitTrader Wallet to Bank

Withdrawing from your TakeProfitTrader wallet to your bank account requires linking a payment method (bank account or PayPal) in your settings, then requesting a withdrawal with a minimum of $100 for ACH transfers or $500 for wire transfers.

The process takes 1-3 business days for ACH (free on both ends for most US banks), same-day to 1 business day for domestic wires ($0 from TPT but your bank may charge $10-25 receiving fee), or 1-3 days for international wires with potential currency conversion fees from your bank.

You can withdraw your entire wallet balance in a single transaction with no TPT fees, no maximum limits, and no monthly restrictions. Understanding the difference between ACH and wire transfers, setting up payment methods correctly, and knowing your bank's policies prevents delays and minimizes third-party fees during the final stage of accessing your trading profits.

Quick heads-up: This article is based on my real experience with TakeProfitTrader and the info available when I published/updated this. Things change in prop trading — rules, payouts, promos, all of it.

For the absolute latest, check TakeProfitTrader´s website or their knowledge base.

Prerequisites: What You Need Before Withdrawing

1. Funds in Your Wallet

Check: Dashboard → Wallet → Available Balance

You need at least $100 (ACH) or $500 (wire) in your wallet.

2. Verified TakeProfitTrader Account

Your account must be fully verified (email confirmed, identity documents submitted if required).

3. Payment Method Linked

You need a bank account or PayPal connected in your settings. First-time setup takes 1-2 business days for bank verification.

Step 1: Link Your Bank Account or PayPal (First Time Only)

Option A: Link Bank Account (Recommended for US Traders)

Navigate to Payment Settings

Dashboard → Settings → Payment Methods → "Add Bank Account"

Enter Bank Information

• Account holder name: Your legal name (must match TPT account name)
• Bank name: (e.g., Chase, Bank of America, Wells Fargo)
• Routing number: 9-digit number (found on check or bank website)
• Account number: Your checking or savings account number
• Account type: Checking or Savings

Verification Method

TPT uses Stripe or Plaid for verification. Two options:

Instant Verification (Plaid):

• Log into your bank through Plaid
• Bank connection verified instantly
• Can withdraw immediately

Micro-Deposit Verification (Stripe):

• TPT sends 2 small deposits ($0.12 and $0.17) to your account
• Wait 1-2 business days for deposits to arrive
• Return to TPT → Payment Methods → Enter deposit amounts
• Account verified

My recommendation: Use instant verification (Plaid) if your bank supports it. It's faster.

Option B: Link PayPal

Navigate to Payment Settings

Dashboard → Settings → Payment Methods → "Add PayPal"

Enter PayPal Email

• Email address: Your PayPal account email (must be verified PayPal account)

Connect PayPal

Click "Connect." You'll be redirected to PayPal to authorize the connection.

Why PayPal?

• Instant transfer from TPT to PayPal (no 1-3 day wait)
• Useful for international traders
• Can convert currencies within PayPal

Downside:

PayPal charges 2.9% + $0.30 when you transfer from PayPal to your bank. TPT doesn't charge this—PayPal does.

Step 2: Request Withdrawal from Wallet

Navigate to Wallet

Dashboard → Wallet → "Withdraw" button

Enter Withdrawal Amount

Minimum:

• $100 for ACH
• $500 for wire transfers

Maximum: Your entire available balance

Example: Available balance: $2,300. You can withdraw $100 to $2,300.

Select Payment Method

Choose your linked bank account or PayPal from the dropdown.

Example: "Bank of America Checking (...4567)"

Select Transfer Type (Bank Accounts Only)

ACH (Automated Clearing House):

• Speed: 1-3 business days
• TPT fee: $0
• Your bank fee: Usually $0 (some banks charge $3-5, rare)

Wire Transfer:

• Speed: Same-day to 1 business day
• TPT fee: $0
• Your bank fee: $10-25 incoming wire fee (typical)

For PayPal: No transfer type selection needed.

Step 3: Review and Confirm

Confirmation Screen Shows:

• Amount: $2,000
• Method: Bank of America (...4567)
• Type: ACH
• Estimated arrival: 1-3 business days
• Fee from TPT: $0
• Your bank may charge: $0 (ACH) or $15 (wire)

Double-check:

• Amount is correct
• Bank account is correct (sending to wrong account = lost funds)
• Transfer type is what you want

Click "Confirm Withdrawal"

Step 4: Wait for Processing

What happens next:

1. TPT submits payment to Stripe/PayPal (within 24 hours)
2. Stripe/PayPal processes payment to your bank (1-3 days ACH, same-day wire)
3. Your bank credits your account

Tracking your withdrawal:

Dashboard → Wallet → Transaction History

Status indicators:

• Pending: TPT is processing
• Processing: Payment sent to Stripe/PayPal
• Completed: Funds should be in your bank (or will be within hours)
• Failed: Issue occurred (contact support)

Step 5: Funds Arrive in Bank

ACH Timeline:

Monday request → Wednesday/Thursday arrival (typical)

Wire Timeline:

Morning request → Same afternoon arrival (if before bank cutoff)
Afternoon request → Next business day arrival

PayPal Timeline:

Request → Instant to PayPal account
PayPal → Bank (1 business day if you transfer from PayPal)

Verify arrival:

Check your bank account or PayPal balance. Look for deposit from "TakeProfitTrader" or "Stripe."

ACH vs Wire Transfer: Which to Choose

My recommendation:

Use ACH for 95% of withdrawals. It's free on both ends and arrives in 2-3 days.

Use wire only if:

• You need funds same-day (e.g., bill due tomorrow)
• You're withdrawing $5K+ and the $15 wire fee is negligible (0.3%)

International Withdrawals: What to Know

Wire transfers are your only option (ACH is US-only).

Currency conversion:

TPT sends USD. Your bank converts to your local currency.

Bank fees:

• Incoming wire fee: $25-50 (varies by country/bank)
• Currency conversion markup: 1-3% (bank adds to exchange rate)

Example:

Withdraw $2,000 from TPT.

• Wire fee: $30
• Currency conversion (2% markup): $40
• You receive: $1,930 equivalent in your currency

How to minimize:

Use Wise (formerly TransferWise) or Revolut:

1. Open USD account with Wise/Revolut
2. Withdraw from TPT to your Wise USD account (often free or low fee)
3. Convert USD to local currency in Wise at mid-market rate (0.3-0.5% fee)
4. Transfer to local bank

Savings: $30-40 per withdrawal compared to direct bank wire.

Common Withdrawal Issues and Fixes

Issue 1: "Payment method not found"

You haven't linked a bank account or PayPal yet.

Fix: Dashboard → Settings → Payment Methods → Add bank/PayPal.

Issue 2: "Withdrawal amount below minimum"

You're trying to withdraw $50 but minimum is $100 (ACH) or $500 (wire).

Fix: Wait until wallet balance reaches minimum, or select different transfer method.

Issue 3: "Bank verification pending"

You linked your bank via micro-deposits but haven't confirmed them yet.

Fix: Check bank account for two small deposits from Stripe. Return to TPT → Payment Methods → Enter amounts to verify.

Issue 4: Funds didn't arrive after 5 business days

Cause: Payment failed on bank side, bank flagged as suspicious, or bank info was incorrect.

Fix:

1. Check TPT transaction history for status (Failed? Pending?)
2. Contact your bank: "I'm expecting a transfer from TakeProfitTrader/Stripe"
3. If bank rejected it, funds return to TPT wallet—contact support to resolve

Issue 5: Wrong amount arrived

You requested $2,000 but only $1,970 arrived.

Cause: Your bank charged an incoming wire fee ($30 in this example).

Fix: Nothing to fix—this is your bank's policy. Switch to ACH or Wise to avoid wire fees.

Tax Considerations for Bank Withdrawals

When taxes are owed:

The moment funds hit your wallet (Stage 1), not when they hit your bank (Stage 2).

Example:

December 28: Withdraw $5,000 from PRO to wallet
December 31: Funds in wallet
January 5: Withdraw from wallet to bank
January 7: Funds in bank

Tax year: You owe taxes on $5,000 in the previous tax year (when it hit wallet), even though it didn't reach your bank until January.

Withdrawal Limits and Frequency

Per-withdrawal limits:

Minimum: $100 (ACH), $500 (wire)
Maximum: Your entire wallet balance (no cap)

Frequency:

No stated daily or monthly limits. You can withdraw multiple times per day if you want.

Practical limit:

Excessive withdrawal requests (10+ per day) might trigger fraud review. Keep it reasonable—1-2 withdrawals per week is normal.

Strategic Withdrawal Tips

Tip 1: Batch Withdrawals

Don't withdraw $200 every week. Withdraw $800 once a month. Fewer transactions = less chance of bank fees or delays.

Tip 2: Time Around Bill Due Dates

Need rent money by the 1st? Request wallet withdrawal on the 26th-27th of previous month. Funds arrive 28th-30th.

Tip 3: Keep Emergency Buffer in Wallet

Don't withdraw every dollar. Leave $500-1,000 in wallet for Test resets or PRO resets so you don't have to wait 3 days for a bank deposit when you need to reset.

Tip 4: Use ACH Unless Urgent

Wire transfers cost $10-25 on your bank's end. ACH is free and only 2 days slower. Unless you need money same-day, always use ACH.

Tip 5: Test with Small Amount First

First withdrawal ever? Withdraw $100 to test the process. Verify it works before withdrawing larger amounts.

What Happens If Bank Info Is Wrong

Scenario: You accidentally enter wrong account number or routing number.

What happens:

1. TPT sends payment to Stripe
2. Stripe attempts transfer to bank
3. Bank rejects (account doesn't exist or name doesn't match)
4. Payment fails and returns to TPT (2-5 business days)
5. Funds go back to your wallet

You're not out the money, but you lose 5-7 days waiting for the failed payment to bounce back.

How to avoid:

• Double-check account and routing numbers before confirming
• Use instant verification (Plaid) instead of manual entry
• Test with $100 first

Comparing Wallet-to-Bank Methods

Bottom Line

Withdrawing from your TakeProfitTrader wallet to bank requires linking a verified payment method (bank account via Plaid instant verification or micro-deposits, or PayPal), then requesting a withdrawal with $100 minimum for ACH or $500 for wire transfers. ACH transfers take 1-3 business days and cost $0 from both TPT and most US banks, making them the optimal choice for 95% of withdrawals.

Wire transfers arrive same-day to 1 business day but your bank typically charges $10-25 incoming wire fees, only worthwhile for urgent needs or large amounts where the fee is negligible. International traders face $30-70 in combined wire fees and currency conversion costs when withdrawing to non-US banks, but can reduce this to $5-15 by using Wise or Revolut USD accounts.

There are no maximum withdrawal limits or monthly caps—you can withdraw your entire wallet balance in one transaction—and batching withdrawals biweekly or monthly rather than weekly minimizes transaction processing and keeps funds available in your wallet for emergency resets. The process is straightforward with proper bank verification, and first-time withdrawals should test with $100 to confirm account setup before withdrawing larger amounts.

Your Next Steps

👉 Understand How to Withdraw from PRO to Wallet

👉 Learn About Withdrawal Fees

👉 Read About Payout System