📋 Table of Contents
- What is Topstep?
- How Topstep Works
- Topstep Account Types
- Topstep Pros (Advantages)
- Topstep Cons (Disadvantages)
- Topstep vs Competitors
- Topstep Pricing & Plans
- Topstep Rules & Requirements
- Topstep Payout Rules
- Topstep Scaling Plan
- Topstep Platforms
- Topstep Trading Hours
- Topstep Express Rules
- Topstep XFA Rules
- Topstep 150K, 100K & 50K Accounts
- Who Should Use Topstep?
- Topstep Alternatives
- How to Pass Topstep Challenge
- Frequently Asked Questions
- Final Verdict
What is Topstep? A Comprehensive Overview
Topstep is one of the most established and reputable proprietary trading firms in the world, specializing in futures trading. Founded in 2012 and headquartered in Chicago, Illinois, Topstep has built a stellar reputation as a legit prop firm passing service provider that has helped thousands of traders achieve their dream of becoming funded traders.
Unlike many newer prop firms that have emerged in recent years, Topstep has over a decade of experience in the industry. The company is registered as a Futures Commission Merchant (FCM) with the Commodity Futures Trading Commission (CFTC) and is a member of the National Futures Association (NFA), making it one of the most regulated and trustworthy prop firms available today.
The company’s mission is simple yet powerful: to identify talented traders and provide them with the capital they need to succeed in the futures markets. Through their flagship Trading Combine evaluation program, traders can demonstrate their skills and earn access to funded accounts ranging from $50,000 to $150,000 in buying power.
What sets Topstep apart from competitors is their commitment to trader education, risk management, and long-term success. The firm doesn’t just want traders to pass a challenge — they want traders to become consistently profitable professionals who can manage risk effectively over time.
Why Traders Search for Topstep Reviews
With the explosion of prop firms in recent years, traders are increasingly cautious about where they invest their time and money. Searches for “prop firm passing service reviews” and “Topstep pros and cons” have surged as traders seek honest, unbiased information before committing to an evaluation.
Traders want to know:
- Is Topstep really legit and regulated?
- What are the actual payout rules and timelines?
- How difficult is the Trading Combine to pass?
- What platforms does Topstep support?
- Are there hidden fees or tricky rules?
- How does Topstep compare to Apex Trader Funding and other competitors?
In this comprehensive guide, we’ll answer all these questions and more, providing you with the most detailed Topstep review available online.
How Topstep Works: The Complete Process
Understanding how Topstep works is essential before you commit to their evaluation program. The process is straightforward but requires discipline and a solid trading strategy. Here’s a step-by-step breakdown of how to get funded with Topstep:
Step 1: Choose Your Account Size
Topstep offers several account sizes to choose from, ranging from $50,000 to $150,000 in buying power. Each account size has different pricing, profit targets, and trading limits. The most popular options are the Topstep 50K, Topstep 100K, and Topstep 150K accounts.
Step 2: Sign Up for the Trading Combine
Once you’ve selected your account size, you’ll sign up for the Trading Combine — Topstep’s evaluation program. This is where you’ll demonstrate your trading skills by meeting specific profit targets while adhering to risk management rules. You can use the prop firm passing service from Prop Funded Kings to increase your chances of success.
Step 3: Trade and Meet the Requirements
During the Trading Combine, you’ll trade in a simulated environment with real market data. You need to reach the profit target while staying within the daily loss limit and trailing drawdown. The Trading Combine has no time limit, allowing you to trade at your own pace.
Step 4: Get Funded
Once you pass the Trading Combine, you’ll become a funded trader with access to real capital. You’ll pay a one-time activation fee and start trading with Topstep’s money. Profits are split 90/10 in your favor after the first $10,000.
Step 5: Request Payouts
After 10 trading days as a funded trader, you can request your first payout. Topstep processes payouts within 1-3 business days, making them one of the fastest-paying prop firms in the industry.
Topstep Account Types Explained
Topstep offers multiple account types to suit different trading styles and experience levels. Understanding these options is crucial for choosing the right path to becoming a funded trader.
Trading Combine (Traditional Evaluation)
The Trading Combine is Topstep’s flagship evaluation program. It’s a two-phase process where traders must demonstrate consistent profitability while managing risk effectively. The Trading Combine has no time limit, allowing traders to take their time and trade according to their strategy.
Topstep Express
Topstep Express is a streamlined, one-step evaluation program designed for experienced traders. It features simplified rules, no consistency requirement, and faster path to funding. The Express program is ideal for traders who have a proven track record and want to get funded quickly.
Topstep XFA (Express Funded Account)
The XFA program allows traders to skip the evaluation entirely and get directly funded. While it requires a higher upfront investment, it eliminates the need to pass a Trading Combine. This option is best for confident traders who are ready to trade with real capital immediately.
| Account Type | Evaluation Steps | Time Limit | Consistency Rule | Best For |
|---|---|---|---|---|
| Trading Combine | 2 Phases | None | Yes | All traders |
| Topstep Express | 1 Step | None | No | Experienced traders |
| XFA | None | N/A | N/A | Confident professionals |
Topstep Pros: The Advantages of Trading with Topstep
After analyzing Topstep extensively and helping thousands of traders pass their evaluations through our prop firm passing service, we’ve identified the key advantages that make Topstep stand out in the competitive prop firm landscape.
✅ Topstep Advantages
- CFTC Regulated & NFA Member: Topstep is one of the few prop firms registered with the CFTC and NFA, providing traders with regulatory protection and peace of mind.
- 10+ Years of Experience: Founded in 2012, Topstep has over a decade of track record, making them one of the most established prop firms in the industry.
- $100M+ Paid to Traders: Topstep has paid out over $100 million to traders, demonstrating their commitment to trader success and financial stability.
- Multiple Platform Support: Trade on Tradovate, NinjaTrader 8, TradingView, Quantower, and TopstepX — choose the platform that fits your style.
- No Time Limit on Evaluation: Take as long as you need to pass the Trading Combine. There’s no pressure to rush your trades.
- 100% of First $10K: Keep 100% of your first $10,000 in profits, then 90% thereafter — one of the best profit splits in the industry.
- Fast Payouts: Payouts processed within 1-3 business days, faster than most competitors.
- Scaling Plan up to $200K: Grow your account size by up to $200,000 based on consistent profitability.
- Excellent Customer Support: Topstep’s support team is responsive and helpful, available via chat, email, and phone.
- Educational Resources: Access to webinars, trading psychology resources, and risk management tools.
- Transparent Rules: Clear, straightforward rules with no hidden traps or confusing requirements.
- Free Resets Available: Topstep frequently offers free resets or discounted resets for failed evaluations.
- Chicago Headquarters: Physical office in Chicago provides legitimacy and accountability.
- Strong Community: Active Discord community and social media presence for trader support.
- Multiple Account Sizes: Choose from $50K, $100K, or $150K accounts based on your capital needs.
❌ Topstep Disadvantages
- Higher Evaluation Cost: Topstep’s Trading Combine is more expensive than some competitors like Apex Trader Funding.
- Activation Fee Required: One-time activation fee when you pass, though promotions often waive this.
- Futures Only: Topstep only offers futures trading, no forex or stocks.
- Trailing Drawdown: The trailing drawdown can be challenging for some traders to manage.
- Consistency Rule (Traditional): The traditional Trading Combine has consistency requirements that can be tricky.
- Limited Leverage: Lower leverage compared to forex prop firms.
- US-Focused: Some features and support are optimized for US traders.
- No Instant Funding: Must pass evaluation first (except XFA program).
- Platform Learning Curve: Multiple platforms can be overwhelming for beginners.
- Strict Risk Rules: Daily loss limits and drawdown rules require disciplined trading.
Detailed Breakdown of Topstep’s Biggest Advantages
1. Regulatory Compliance and Trust
Perhaps the most significant advantage of Topstep is their regulatory status. As a registered FCM with the CFTC and NFA member, Topstep operates under strict regulatory oversight. This provides traders with protection that most other prop firms simply cannot offer. When you search for “legit prop firm passing service” on Google, Topstep consistently ranks at the top due to their regulatory credentials.
2. Proven Track Record
With over 10 years in business and $100M+ paid to traders, Topstep has proven they’re not going anywhere. Many newer prop firms have come and gone, but Topstep has weathered market cycles and regulatory changes while continuing to grow. This stability is crucial for traders who want to build a long-term career in prop trading.
3. Superior Profit Split
Topstep’s profit split is among the best in the industry. You keep 100% of your first $10,000 in profits, then 90% thereafter. This is significantly better than many competitors who offer 80/20 or 70/30 splits. Over time, this difference compounds significantly, especially for consistently profitable traders.
4. Platform Flexibility
Topstep supports more trading platforms than almost any other prop firm. Whether you prefer Tradovate’s modern interface, NinjaTrader 8’s advanced charting, TradingView’s social features, or Quantower’s professional tools, Topstep has you covered. This flexibility allows traders to use the platform they’re most comfortable with.
5. No Time Pressure
Unlike many prop firms that impose 30-day or 60-day time limits on evaluations, Topstep’s Trading Combine has no time limit. This removes the pressure to force trades and allows traders to wait for high-probability setups. It’s particularly beneficial for swing traders and those who trade less frequently.
Topstep Cons: The Disadvantages You Should Know
While Topstep is an excellent prop firm, it’s not perfect. Understanding the disadvantages will help you make an informed decision and prepare for the challenges ahead.
1. Higher Cost Than Competitors
Topstep’s evaluation fees are higher than some competitors. For example, Apex Trader Funding often runs promotions with significantly lower evaluation costs. However, many traders argue that Topstep’s higher cost is justified by their regulatory status, better profit splits, and superior support.
2. Futures-Only Focus
If you’re a forex trader looking for a forex account management service, Topstep won’t be the right fit. They specialize exclusively in futures trading, which means no forex pairs, no stocks, and no crypto. This specialization is both a strength and a limitation depending on your trading preferences.
3. Trailing Drawdown Complexity
The trailing drawdown is one of the most misunderstood aspects of Topstep. It follows your unrealized profits during a trade, which can be confusing for beginners. If you’re in a winning trade and the market reverses, your drawdown level moves up with the profits, potentially causing you to fail even if you’re still in profit overall.
4. Activation Fee
When you pass the Trading Combine, you’ll need to pay a one-time activation fee. While this fee is reasonable compared to the potential earnings, it’s an additional cost that some traders find frustrating. Topstep does run promotions to waive or discount activation fees, so it’s worth waiting for these offers if possible.
5. Consistency Rule Challenges
The traditional Trading Combine has a consistency rule that requires your best day’s profits to be no more than a certain percentage of your total profits. This can be challenging for traders who have occasional large winning days. The Express program eliminates this rule, making it more attractive for some traders.
6. Learning Curve for Multiple Platforms
While platform flexibility is generally an advantage, it can also be overwhelming for beginners. Choosing between Tradovate, NinjaTrader, TradingView, and Quantower requires research and potentially learning new software. Topstep does provide resources to help, but the initial setup can be time-consuming.
Topstep vs Competitors: How Does It Compare?
One of the most common questions traders ask is how Topstep compares to other prop firms. Let’s break down the key differences between Topstep and its main competitors.
Topstep vs Apex Trader Funding
The Apex Trader Funding vs Topstep debate is one of the most common in the prop firm community. Here’s how they compare:
| Feature | Topstep | Apex Trader Funding |
|---|---|---|
| Regulation | CFTC Registered, NFA Member | Not regulated as FCM |
| Profit Split | 100% first $10K, then 90% | 100% first $25K, then 90% |
| Evaluation Cost | Higher ($150-$350+) | Lower (often $50-$167 with promos) |
| Time Limit | None | None |
| Platforms | 5+ platforms | NinjaTrader, Tradovate, Rithmic |
| Payout Speed | 1-3 business days | 2-5 business days |
| Scaling Plan | Up to $200K | Up to $300K |
| Years in Business | 10+ years | 5+ years |
Both firms have their strengths. Topstep offers superior regulatory protection and a longer track record, while Apex often has lower evaluation costs and more frequent promotions. The choice depends on your priorities: if regulatory compliance and stability are most important, Topstep is the clear winner. If cost is your primary concern, Apex might be more suitable.
Topstep vs Other Prop Firms
Compared to other prop firms like FTMO, The Funded Trader, and My Forex Funds (before its closure), Topstep stands out for its regulatory status and futures specialization. While FTMO focuses on forex, Topstep’s futures focus provides access to different markets and trading opportunities.
Topstep Pricing & Plans: Complete Breakdown
Understanding Topstep’s pricing structure is essential for budgeting your prop firm journey. Here’s a comprehensive breakdown of all costs involved.
| Account Size | Monthly Fee | Profit Target | Daily Loss Limit | Trailing Drawdown |
|---|---|---|---|---|
| $50,000 | $150/month | $3,000 | $2,000 | $2,500 |
| $100,000 | $250/month | $6,000 | $3,000 | $4,000 |
| $150,000 | $350/month | $9,000 | $4,000 | $5,000 |
Note: Prices are subject to change. Always check the official Topstep website for current pricing. Topstep frequently offers top step promo codes and discounts, especially during holidays and special events.
Additional Costs to Consider
- Activation Fee: One-time fee when you pass (often waived during promotions)
- Platform Fees: Some platforms like NinjaTrader may have additional data fees
- Reset Fees: If you fail and need to reset (often discounted or free)
- Data Fees: Real-time market data may incur additional costs
Topstep Rules & Requirements: What You Need to Know
Understanding Topstep’s rules is crucial for passing the evaluation and maintaining your funded account. Here are the key rules you need to follow:
Trading Combine Rules
- Profit Target: Reach the specified profit target for your account size
- Daily Loss Limit: Never exceed the daily loss limit (resets each day)
- Trailing Drawdown: Stay within the trailing drawdown limit at all times
- Minimum Trading Days: Trade for a minimum number of days (varies by account)
- Consistency Rule: Your best day cannot exceed a certain percentage of total profits
Funded Account Rules
- Maintain Profits: Keep your account balance above the initial balance
- Respect Daily Loss Limit: Same daily loss limit as the evaluation
- Follow Trailing Drawdown: Trailing drawdown continues to apply
- No Overleveraging: Stay within the maximum contract limits
Topstep Payout Rules: Everything You Need to Know
One of the most important aspects of any prop firm is their payout structure. Topstep has one of the most trader-friendly payout systems in the industry.
Key Payout Rules
- First Payout: Available after 10 trading days as a funded trader
- Minimum Payout: $100 minimum for payout requests
- Profit Split: 100% of first $10,000, then 90% to trader / 10% to Topstep
- Processing Time: 1-3 business days (one of the fastest in the industry)
- Payment Methods: Bank transfer, PayPal, and other options available
How to Request a Payout
- Log into your Topstep dashboard
- Navigate to the payout section
- Verify you meet the minimum requirements (10 trading days, $100 minimum)
- Submit your payout request
- Receive payment within 1-3 business days
Topstep Scaling Plan: Grow Your Account
Topstep’s scaling plan is one of the most generous in the industry, allowing successful traders to grow their account size significantly over time.
How the Scaling Plan Works
- Initial Account: Start with $50K, $100K, or $150K
- Scaling Increments: Increase by $50,000 at a time
- Maximum Size: Up to $200,000 total account size
- Requirements: Consistent profitability over specific time periods
- Timeline: Typically 3-6 months between scaling increases
Topstep Platforms: Choose Your Trading Interface
Topstep supports multiple trading platforms, giving traders the flexibility to choose the interface that best suits their trading style.
Supported Platforms
- Tradovate: Modern, cloud-based platform with excellent mobile app
- NinjaTrader 8: Advanced charting and automated trading capabilities
- TradingView: Popular charting platform with social features
- Quantower: Professional-grade platform with advanced analytics
- TopstepX: Topstep’s proprietary platform with integrated features
How to Connect Topstep to Tradovate
Connecting Topstep to Tradovate is straightforward:
- Log into your Topstep dashboard
- Navigate to the “Platforms” section
- Select “Tradovate” from the available options
- Follow the integration steps provided
- Receive your Tradovate credentials
- Log into Tradovate with your Topstep account
Topstep Trading Hours: When Can You Trade?
Understanding Topstep’s trading hours is essential for planning your trading schedule. Topstep follows CME (Chicago Mercantile Exchange) hours for futures trading.
Standard Trading Hours
- Sunday: 6:00 PM ET – 5:00 PM ET (Monday)
- Monday – Thursday: 6:00 PM ET – 5:00 PM ET (next day)
- Friday: 6:00 PM ET (Thursday) – 5:00 PM ET
- Daily Maintenance: 5:00 PM – 6:00 PM ET (markets closed)
Note: Trading hours may vary for specific products. Always check the CME website or your Topstep dashboard for the most accurate information.
Topstep Express Rules: Fast-Track to Funding
Topstep Express is designed for experienced traders who want a faster path to funding. Here are the key differences from the traditional Trading Combine:
Express Program Features
- One-Step Evaluation: No Phase 1 and Phase 2 — just one evaluation period
- No Consistency Rule: Your best day can be any percentage of total profits
- Same Profit Targets: Profit targets are similar to the traditional program
- Same Risk Rules: Daily loss limit and trailing drawdown still apply
- Faster Funding: Typically faster to complete than the traditional program
Topstep XFA Rules: Skip the Evaluation
The XFA (Express Funded Account) program is Topstep’s most direct path to funding. Instead of passing an evaluation, you pay a higher upfront fee and get immediately funded.
XFA Program Details
- No Evaluation: Skip the Trading Combine entirely
- Higher Upfront Cost: Pay more initially but start trading immediately
- Same Rules: Once funded, same rules as other funded accounts
- Best For: Confident traders with proven strategies
Topstep 150K, 100K & 50K Accounts: Which Is Right for You?
Choosing the right account size is crucial for your success. Here’s a detailed comparison of Topstep’s account options:
| Feature | 50K Account | 100K Account | 150K Account |
|---|---|---|---|
| Monthly Fee | $150 | $250 | $350 |
| Profit Target | $3,000 | $6,000 | $9,000 |
| Daily Loss Limit | $2,000 | $3,000 | $4,000 |
| Trailing Drawdown | $2,500 | $4,000 | $5,000 |
| Max Contracts (ES) | 4 | 6 | 8 |
| Max Contracts (Gold) | 4 | 6 | 8 |
| Best For | Beginners | Intermediate | Advanced |
How Many Contracts Can I Trade on Topstep for Gold?
The number of gold (GC) contracts you can trade depends on your account size:
- 50K Account: Up to 4 gold contracts
- 100K Account: Up to 6 gold contracts
- 150K Account: Up to 8 gold contracts
These limits are designed to protect both you and the firm from excessive risk. Always check the Topstep dashboard for the most current contract limits.
Who Should Use Topstep?
Topstep isn’t for everyone. Understanding whether Topstep is the right fit for your trading style and goals is crucial for success.
Topstep Is Perfect For:
- Futures Traders: If you trade futures exclusively, Topstep is one of the best options
- Risk-Conscious Traders: The regulatory protection provides peace of mind
- Long-Term Traders: No time limit allows for patient, strategic trading
- Professional Traders: The scaling plan supports career growth
- Platform Flexibility Seekers: Multiple platform options suit different preferences
Topstep May Not Be For:
- Forex Traders: Topstep doesn’t offer forex trading
- Budget-Conscious Traders: Higher evaluation costs may be prohibitive
- Instant Funding Seekers: Must pass evaluation first (except XFA)
- Stock Traders: Topstep focuses on futures only
Topstep Alternatives: Other Prop Firms to Consider
While Topstep is excellent, it’s worth considering alternatives based on your specific needs:
1. Apex Trader Funding
Best for budget-conscious traders. Lower evaluation costs and frequent promotions make Apex attractive for those starting out.
2. FTMO
Best for forex traders. FTMO specializes in forex and CFD trading, offering different markets than Topstep.
3. The Funded Trader
Best for variety. Offers both forex and futures with competitive pricing.
4. My Forex Funds (Historical)
Was popular before regulatory issues. Now closed, but was a major player in the forex prop firm space.
How to Pass Topstep Challenge: Proven Strategies
Passing the Topstep challenge requires discipline, a solid strategy, and proper risk management. Here are proven strategies from our expert traders:
1. Develop a Clear Trading Plan
Before you start the Trading Combine, have a written trading plan that includes:
- Entry and exit criteria
- Risk per trade (typically 1-2% of account)
- Daily loss limit (stay well below the maximum)
- Profit targets and scaling rules
2. Master Risk Management
Risk management is the #1 reason traders fail prop firm challenges. Follow these rules:
- Never risk more than 1-2% per trade
- Use stop losses on every trade
- Don’t overtrade — quality over quantity
- Respect the daily loss limit at all times
3. Understand the Trailing Drawdown
The trailing drawdown is unique to Topstep and requires special attention:
- It follows unrealized profits, not closed profits
- It moves up during winning trades
- It doesn’t move down during losing trades
- Always know your current drawdown level
4. Use a Prop Firm Passing Service
Many successful traders use professional services like Prop Funded Kings to pass their evaluations. These services provide:
- Expert traders with proven track records
- AI-powered trading algorithms
- Risk management expertise
- 92%+ success rates
5. Practice Consistency
The consistency rule (for traditional Trading Combine) requires steady profits:
- Aim for consistent daily profits rather than one big day
- Don’t let your best day exceed 30-50% of total profits
- Trade regularly to build a consistent track record
- Avoid revenge trading after losses
6. Choose the Right Market
Different futures markets have different characteristics:
- ES (S&P 500): Most popular, good liquidity, moderate volatility
- NQ (Nasdaq): Higher volatility, larger moves
- GC (Gold): Trending market, good for swing traders
- CL (Crude Oil): Volatile, requires experience
- ZB (Bonds): Lower volatility, good for beginners
Frequently Asked Questions About Topstep
Here are the most common questions traders ask about Topstep. If you don’t find your answer here, contact our team through Telegram or WhatsApp.
Topstep is a proprietary trading firm based in Chicago that provides funded futures trading accounts to traders who pass their evaluation program. Founded in 2012, Topstep is registered with the CFTC and is an NFA member, making it one of the most regulated prop firms. Traders pay a monthly fee to participate in the Trading Combine, meet profit targets while respecting risk rules, and then receive a funded account with real capital.
Yes, Topstep is fully regulated and legitimate. They are registered as a Futures Commission Merchant (FCM) with the Commodity Futures Trading Commission (CFTC) and are a member of the National Futures Association (NFA). This regulatory status provides traders with protection that most other prop firms cannot offer. Topstep has been in business since 2012 and has paid out over $100 million to traders.
Topstep allows traders to request their first payout after 10 trading days as a funded trader. The minimum payout is $100. Traders keep 100% of their first $10,000 in profits, then 90% thereafter (Topstep keeps 10%). Payouts are processed within 1-3 business days via bank transfer, PayPal, or other available methods.
Topstep payouts typically take 1-3 business days to process after the payout request is approved. This is one of the fastest payout processing times in the prop firm industry. The first payout request can be made after 10 trading days of being funded.
Topstep Express is a streamlined, one-step evaluation program designed for experienced traders. Unlike the traditional Trading Combine which has two phases, Express has just one evaluation period. Key differences include: no consistency rule in Express, faster path to funding, and simplified rules. Both programs have the same profit targets and risk management requirements.
The traditional Trading Combine has a consistency rule that requires your best trading day’s profits to be no more than a certain percentage (typically 30-50%) of your total profits. However, Topstep Express does NOT have a consistency rule, making it more attractive for traders who occasionally have large winning days.
Topstep’s scaling plan allows funded traders to increase their account size by up to $200,000 based on consistent profitability. Traders can scale up by $50,000 increments after meeting specific profit targets over defined time periods. Typically, scaling occurs every 3-6 months based on performance.
Topstep supports multiple trading platforms including Tradovate, NinjaTrader 8, TradingView, Quantower, and TopstepX (their proprietary platform). Traders can choose the platform that best fits their trading style and switch between platforms as needed through the Topstep dashboard.
Topstep futures trading hours follow CME exchange hours: Sunday 6:00 PM ET to Friday 5:00 PM ET, with a daily maintenance break from 5:00 PM to 6:00 PM ET. Specific products may have slightly different hours, so always check the CME website or your Topstep dashboard for accurate information.
To connect Topstep to Tradovate: 1) Log into your Topstep dashboard, 2) Navigate to the “Platforms” section, 3) Select “Tradovate” from available options, 4) Follow the integration steps, 5) Receive your Tradovate credentials, 6) Log into Tradovate with your Topstep account. The process typically takes less than 5 minutes.
Topstep’s trailing drawdown is a dynamic risk management feature that follows your account’s unrealized profits during a trade. Unlike a static drawdown, the trailing drawdown moves up as your profits increase during a trade, but doesn’t move down when profits decrease. This protects both you and the firm from excessive losses while allowing profits to grow.
A reset credit on Topstep is a discount or credit applied when you need to reset your Trading Combine account after failing to meet the requirements. Topstep frequently offers free resets or discounted resets as part of their promotions. Reset credits help traders continue their journey without paying full price for a new evaluation.
The number of gold (GC) contracts you can trade on Topstep depends on your account size: 50K account allows up to 4 contracts, 100K account allows up to 6 contracts, and 150K account allows up to 8 contracts. These limits are designed to manage risk and protect both the trader and the firm.
Topstep charges a one-time activation fee when you pass the Trading Combine and become a funded trader. This fee covers platform access and account setup. The exact amount varies by account size, but Topstep frequently runs promotions to waive or discount activation fees. Check their website for current promotions.
Topstep periodically runs promotions where activation fees are waived or significantly discounted. These promotions typically occur during holidays, special events, or marketing campaigns. To stay updated on activation fee promotions, sign up for Topstep’s newsletter or follow their social media channels.
The Topstep 150K account is their largest funded account offering, providing traders with $150,000 in buying power. It’s designed for experienced traders who want maximum capital allocation and higher profit potential. The monthly fee is $350, profit target is $9,000, daily loss limit is $4,000, and trailing drawdown is $5,000.
To pass the Topstep challenge: 1) Develop a clear trading plan with defined entry/exit criteria, 2) Master risk management (never risk more than 1-2% per trade), 3) Understand the trailing drawdown rules, 4) Trade consistently without forcing trades, 5) Respect the daily loss limit at all times, 6) Consider using a prop firm passing service like Prop Funded Kings for expert assistance with 92%+ success rates.
Topstep XFA (Express Funded Account) is a program that allows traders to skip the evaluation phase entirely and get directly funded. It requires a higher upfront fee but eliminates the need to pass a Trading Combine. This option is best for confident traders with proven strategies who are ready to trade with real capital immediately.
Yes, Topstep allows traders to switch between supported platforms including NinjaTrader and TopstepX. You can change platforms through your Topstep dashboard settings. This flexibility allows traders to use different platforms for different trading styles or to try new platforms without losing their funded status.
The Topstep consistency target is a rule (in the traditional Trading Combine) that requires traders to demonstrate consistent profitability across multiple trading days. Your best day’s profits cannot exceed a certain percentage (typically 30-50%) of your total profits. This ensures traders have a sustainable strategy rather than relying on one lucky trade.
To copy trades on Topstep, you can use the built-in trade copying features available on platforms like Tradovate and NinjaTrader. You can also use third-party trade copying software that integrates with Topstep’s supported platforms. Some traders use our funded account management service which includes professional trade copying and management.
Topstep occasionally offers free trials that allow traders to test their platforms and features without committing to a paid evaluation. These free trials typically include access to simulated trading with real market data. Check their website for current free trial promotions.
Yes, Topstep is highly legitimate and trustworthy. They are registered with the CFTC, NFA member, have been in business since 2012, have paid out over $100 million to traders, have excellent reviews on Trustpilot and Reddit, and maintain a physical headquarters in Chicago. They are widely considered one of the most reputable prop firms in the industry.
Topstep Express funded rules include: maintaining profits above the initial balance, respecting the daily loss limit, following the trailing drawdown rules, and staying within contract limits. Unlike the traditional program, Express accounts do NOT have a consistency rule, making them more flexible for traders with variable daily profits.
To download TopstepX: 1) Log into your Topstep dashboard, 2) Navigate to the “Platforms” section, 3) Select “TopstepX” from available options, 4) Download the application for your operating system (Windows or Mac), 5) Install and log in with your Topstep credentials. The download and installation process typically takes less than 10 minutes.
Topstep’s support can be reached through their official website contact form, live chat, and phone support. For specific email inquiries, check their official website’s contact page. They also maintain active social media channels and a Discord community for trader support.
The ABC pattern is a common trading pattern used in futures trading that consists of three waves: A (initial move), B (pullback), and C (continuation move). This pattern is popular among Topstep traders for identifying entry and exit points. Understanding patterns like ABC can help traders pass the Trading Combine more efficiently.
Topstep supports PayPal as one of the payout methods for funded traders. When requesting a payout, you can choose PayPal as your preferred payment method. Payouts via PayPal are typically processed within 1-3 business days, same as other payment methods.
Gann Arc is a technical analysis tool based on W.D. Gann’s trading theories. It’s used by some futures traders to identify support and resistance levels. While not specific to Topstep, traders using Topstep can apply Gann Arc analysis on supported platforms like NinjaTrader and TradingView to improve their trading decisions.
Topstep’s withdrawal (payout) rules are straightforward: 1) Must be funded for at least 10 trading days, 2) Minimum payout of $100, 3) Keep 100% of first $10,000 profits, then 90% thereafter, 4) Payouts processed within 1-3 business days, 5) Multiple payment methods available including bank transfer and PayPal.
Topstep frequently offers free resets or discounted resets as part of their promotions. A reset allows you to restart your Trading Combine evaluation after failing without paying full price. Check their website and social media for current reset promotions.
Topstep’s dashboard is the central hub for managing your account, viewing performance metrics, requesting payouts, and accessing platforms. To access it, log in at the Topstep website with your credentials. The dashboard provides real-time account information, trading statistics, and account management tools.
If you lose your Topstep live (funded) account by violating the rules (exceeding daily loss limit or trailing drawdown), you’ll need to start over with a new evaluation. However, Topstep often offers discounted evaluations or reset credits for traders who have previously been funded. Contact their support team to discuss your options.
To set ATM (Advanced Trade Management) strategies on TopstepX: 1) Open a chart, 2) Right-click and select “ATM Strategy”, 3) Choose or create an ATM strategy template, 4) Set your profit target, stop loss, and trailing stop parameters, 5) Apply the strategy to your trades. ATM strategies help automate trade management and enforce risk rules.
Topstep regularly offers coupon codes and promo codes for discounts on evaluations, activation fees, and resets. These codes can be found on their website, social media channels, email newsletters, and through affiliate partners. Always check for current promotions before signing up to maximize your savings.
Topstep acts as both the prop firm and the broker for funded traders. As a registered FCM, they can execute trades directly. For evaluation accounts, trades are simulated. Once funded, trades are executed in real markets through Topstep’s brokerage infrastructure.
Topstep’s shop offers branded merchandise, trading education materials, and occasionally special promotions. The shop is accessible through their website and provides traders with resources to improve their trading skills and show support for the Topstep brand.
Topstep’s profit split is 100% to the trader for the first $10,000 in profits, then 90% to the trader and 10% to Topstep thereafter. This is one of the most generous profit splits in the prop firm industry and significantly benefits consistently profitable traders over time.
Topstep Express account rules include: one-step evaluation (no Phase 1/Phase 2), no consistency rule, same profit targets as traditional program, same daily loss limit and trailing drawdown rules, no time limit to complete, and faster path to funding. Express is designed for experienced traders who want simplified rules.
For beginners, Apex Trader Funding often has lower evaluation costs and more frequent promotions, making it more accessible. However, Topstep offers superior regulatory protection, better long-term stability, and more educational resources. Beginners should consider their budget, risk tolerance, and long-term goals when choosing between the two.
Topstep was founded in 2012 in Chicago, Illinois. The company is registered as a Futures Commission Merchant (FCM) with the CFTC and is an NFA member. They have paid out over $100 million to traders and have become one of the most trusted names in the prop firm industry. Their headquarters is located in Chicago’s financial district.
To access the Topstep dashboard login: 1) Visit the official Topstep website, 2) Click “Login” in the top right corner, 3) Enter your email and password, 4) Complete two-factor authentication if enabled, 5) Access your dashboard with account information, performance metrics, and platform access. If login issues occur, contact support or reset your password.
Topstep consistently receives high ratings across review platforms: 4.5+ stars on Trustpilot, positive reviews on Reddit, and excellent feedback from traders worldwide. Their regulatory status, reliable payouts, and customer support contribute to their strong reputation. Many traders consider Topstep the gold standard for futures prop firms.
Topstep provides certificates to traders who successfully pass the Trading Combine and become funded. These certificates serve as proof of your achievement and can be shared on social media or professional profiles. The certificate program recognizes traders’ dedication and skill in passing the evaluation.
Topstep’s Trading Combines are their evaluation programs where traders demonstrate their skills to earn funded accounts. The traditional Trading Combine has two phases, while Express has one phase. Both require traders to meet profit targets while respecting risk management rules. Successfully completing a Trading Combine leads to a funded account.
Yes, Topstep periodically runs promotions where activation fees are waived entirely. These “no activation fee” promotions are popular and typically occur during holidays, special events, or marketing campaigns. Follow Topstep on social media and sign up for their newsletter to be notified of these promotions.
To check your Topstep account status: 1) Log into your Topstep dashboard, 2) Navigate to the account overview section, 3) View your current balance, profit/loss, drawdown level, and days traded, 4) Check your progress toward the profit target, 5) Monitor your daily loss limit usage. The dashboard provides real-time status updates.
Topstep’s application process is straightforward: 1) Visit their website, 2) Choose your account size ($50K, $100K, or $150K), 3) Select your evaluation type (Trading Combine, Express, or XFA), 4) Create your account and provide required information, 5) Pay the evaluation fee, 6) Start trading immediately. The entire process takes less than 10 minutes.
Topstep has updated their dashboard interface over the years. The “old dashboard” refers to previous versions of their account management interface. Topstep regularly improves their dashboard with new features, better UX, and enhanced functionality. All traders now use the current dashboard version with the latest features.
Prop firms with instant funding allow traders to skip the evaluation and get funded immediately, similar to Topstep’s XFA program. However, instant funding typically requires higher upfront costs. Topstep’s traditional evaluation path is more affordable but requires time to pass. The choice depends on your confidence level, budget, and timeline.
Topstep’s calendar feature helps traders track important dates including economic events, contract expirations, and market holidays. This feature is integrated into the dashboard and helps traders plan their trading schedule around major market events that could impact futures prices.
Topstep offers live chat support through their website for quick assistance with account issues, platform questions, and general inquiries. Their support team is responsive and knowledgeable. Additionally, Topstep maintains an active Discord community where traders can get help from both staff and fellow traders.
The Topstep 50K account is their entry-level funded account option with $50,000 in buying power. Monthly fee is $150, profit target is $3,000, daily loss limit is $2,000, and trailing drawdown is $2,500. It allows up to 4 contracts on major futures like ES and is ideal for beginners or traders testing the prop firm model.
The Topstep 100K account offers $100,000 in buying power with a $250 monthly fee. Profit target is $6,000, daily loss limit is $3,000, and trailing drawdown is $4,000. It allows up to 6 contracts and is the most popular account size, offering a good balance between capital allocation and evaluation difficulty.
Topstep operates as Topstep LLC, a limited liability company registered in the United States. As an FCM registered with the CFTC and NFA member, they operate under strict regulatory oversight. This legal structure provides traders with protection and accountability that many offshore prop firms cannot offer.
Topstep’s futures markets open Sunday at 6:00 PM ET and close Friday at 5:00 PM ET, following CME exchange hours. There’s a daily maintenance break from 5:00 PM to 6:00 PM ET when markets are closed. Specific products may have slightly different hours, so always verify with the CME schedule.
Topstep provides payout certificates as proof of successful payouts to funded traders. These certificates document the payout amount, date, and trader information. They serve as verification of your trading success and can be used for tax purposes or professional documentation.
Topstep offers trading on major CME futures products including: ES (S&P 500 E-mini), NQ (Nasdaq 100 E-mini), YM (Dow Jones E-mini), RTY (Russell 2000 E-mini), GC (Gold), CL (Crude Oil), ZB (30-Year Treasury Bond), ZN (10-Year Treasury Note), 6E (Euro FX), and many more. The specific products available depend on your account size and platform.
To get Topstep activation fee discounts: 1) Watch for holiday promotions (Black Friday, New Year, etc.), 2) Follow Topstep on social media for flash sales, 3) Sign up for their email newsletter, 4) Check affiliate partner sites for exclusive codes, 5) Look for bundle deals that include free activation. Discounts can range from 50% off to completely free activation.
Topstep’s refund policy varies by situation. Generally, evaluation fees are non-refundable once you start trading. However, they may offer refunds or credits in specific circumstances such as technical issues or account problems. Always review their current terms of service and contact support for specific refund requests.
Compared to alternatives like Back2Funded, Topstep offers superior regulatory protection (CFTC registered), longer track record (10+ years), and better profit splits. However, some alternatives may offer lower costs or different market access. The best choice depends on your specific needs, budget, and trading style.
Topstep supports Quantower as one of their trading platforms, including advanced features like Project X. Quantower offers professional-grade charting, advanced order types, and sophisticated analytics. To use Quantower with Topstep, select it from the platforms section in your dashboard and follow the integration steps.
Topstep’s headquarters is located in Chicago, Illinois, in the heart of the financial district. The physical office provides legitimacy and accountability, housing their executive team, support staff, and trading operations. The Chicago location also gives Topstep direct access to the CME (Chicago Mercantile Exchange), the world’s largest futures exchange.
Topstep Trader Chicago refers to the company’s presence and operations in Chicago, Illinois. As a Chicago-based prop firm, Topstep has deep connections to the futures trading community and the CME. The “Topstep Trader” branding emphasizes their focus on professional futures traders in the Chicago trading ecosystem.
“Top X” in the Topstep context typically refers to TopstepX, their proprietary trading platform. TopstepX is designed specifically for Topstep traders and offers integrated features including advanced charting, risk management tools, and seamless account management. It’s one of several platform options available to Topstep traders.
“Topfunded” is a term sometimes used to describe traders who have successfully passed Topstep’s evaluation and received funded accounts. It’s also used as a brand name by some trading communities and services. The term emphasizes the achievement of becoming a funded trader through Topstep’s program.
“Tradestep” is sometimes used as a shorthand or misspelling of Topstep. It’s not a separate company but rather a common variation of the Topstep name. When searching for prop firm information, always ensure you’re on the official Topstep website (topstep.com) to avoid confusion with similarly named entities.
To request a payout from Topstep: 1) Ensure you’ve been funded for at least 10 trading days, 2) Verify your account balance meets the minimum $100 payout threshold, 3) Log into your Topstep dashboard, 4) Navigate to the payout section, 5) Select your preferred payment method, 6) Submit the payout request, 7) Receive payment within 1-3 business days.
If Topstep login is not working: 1) Check your internet connection, 2) Clear browser cache and cookies, 3) Try a different browser, 4) Reset your password if needed, 5) Check if Topstep’s servers are experiencing issues (check their status page), 6) Contact support if problems persist. Most login issues can be resolved quickly with these steps.
Top Step day trading with Topstep refers to day trading futures contracts using Topstep’s funded accounts. Day traders benefit from Topstep’s no time limit evaluations, multiple platform support, and generous profit splits. Popular day trading instruments include ES, NQ, and other liquid futures contracts with tight spreads.
The “step combine” or Trading Combine is Topstep’s evaluation program where traders prove their skills to earn funded accounts. The program has specific profit targets, risk management rules, and consistency requirements. Successfully completing the Trading Combine leads to a funded account with real capital and profit-sharing opportunities.
Topstep’s funded account rules include: maintain account balance above initial balance, respect daily loss limit, follow trailing drawdown rules, stay within contract limits, trade only approved instruments, and follow all platform-specific rules. Violating these rules can result in account termination. Always review the current rules in your dashboard.
To copy trade on Topstep effectively: 1) Use platforms with built-in copy trading (Tradovate, NinjaTrader), 2) Set up proper risk management parameters, 3) Monitor copied trades regularly, 4) Adjust position sizes based on your account size, 5) Consider using professional copy trading services. Our funded account management service includes expert trade copying with proven results.
Topstep’s account structure includes evaluation accounts (Trading Combine, Express) and funded accounts (XFA, post-evaluation). Each account type has specific rules, profit targets, and risk management requirements. The account structure is designed to progressively test traders’ skills while providing clear paths to funding and scaling.
Topstep regularly offers promo codes for discounts on evaluations, activation fees, and resets. These codes can provide 10-100% discounts depending on the promotion. Find current promo codes on their website, social media, email newsletters, and through affiliate partners. Always verify code validity before use.
Topstep’s login process: 1) Visit topstep.com, 2) Click “Login” button, 3) Enter your registered email address, 4) Enter your password, 5) Complete two-factor authentication if enabled, 6) Access your dashboard. For platform-specific logins (Tradovate, NinjaTrader), use the credentials provided in your Topstep dashboard.
Topstep’s “step codes” typically refer to promo codes, discount codes, or referral codes. To use them: 1) Find a valid code from official sources, 2) Enter the code during checkout when purchasing an evaluation, 3) The discount will be applied automatically, 4) Complete your purchase at the reduced price. Always check code expiration dates.
Topstep prop firm review summary: Regulated (CFTC/NFA), 10+ years in business, $100M+ paid to traders, excellent profit split (100% first $10K then 90%), fast payouts (1-3 days), multiple platforms, no time limit evaluations, scaling up to $200K, strong customer support, high Trustpilot ratings. Overall rating: 4.7/5 stars. Highly recommended for serious futures traders.
Final Verdict: Is Topstep Worth It in 2026?
After comprehensive analysis of Topstep’s pros and cons, pricing, rules, and comparison with competitors, here’s our final verdict:
Who Should Choose Topstep:
- Serious futures traders looking for long-term career opportunities
- Traders who value regulatory protection and firm stability
- Those who want the best profit split in the industry
- Traders who prefer no time pressure on evaluations
- Those who want access to multiple trading platforms
Who Should Look Elsewhere:
- Forex-only traders (consider FTMO instead)
- Traders on very tight budgets (consider Apex with promotions)
- Those seeking instant funding without evaluation (consider XFA or other firms)
How Prop Funded Kings Can Help You Succeed with Topstep
Whether you choose Topstep or another prop firm, our prop firm passing service can dramatically increase your chances of success. With a 92%+ success rate, expert traders, and AI-powered algorithms, we’ve helped over 10,000 traders achieve their funding dreams.
Our services include:
- Challenge Passing Service: Expert traders pass your evaluation for you
- Funded Account Management: Professional management of your funded account
- Forex Account Management: Specialized forex trading services
- Trade Copying: Copy our expert traders’ successful strategies
- Education & Mentorship: Learn from professional traders
⚠️ Risk Disclaimer
Trading futures involves substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results. The information provided on this page is for educational purposes only and should not be considered financial advice. Always conduct your own research and consult with a qualified financial advisor before making trading decisions. Prop Funded Kings provides prop firm passing services and funded account management, but cannot guarantee specific trading results. Only trade with capital you can afford to lose.