Topstep

Verified

Original futures funded-trader firm, operating since 2012

United StatesEst. 20124.3

4.3

Editor Score

Get Funded

Profit Split

100% of first $10,000, then 90%

Max Funding

$150,000

Challenge Fee

$49/mo

Payout Speed

Same-day (as fast as 15 min)

Max Drawdown

$2,000 (on $50K account)

Last Payout

Payouts (24h)

📋 Summary 🏢 Overview 💼 Challenges ✅ Pros & Cons 💸 Payout Policy 📜 Firm Rules 🚫 Restricted Countries 📈 Rule History 🖥 Platforms ⭐ Reviews

AITopstep Firm Summary

Topstep (originally TopstepTrader) was founded in 2012 in Chicago and pioneered the funded-futures-trader model through its Trading Combine evaluation program. It is a member of the Futures Industry Association (FIA) and has funded traders in 170+ countries. Late-2025 platform outages and delayed order executions drew notable trader backlash.

⚖️ Compare Topstep with Others

Firm Overview

Trading Options

Drawdown TypeTrailing (EOD)

Max Drawdown$2,000 (on $50K account)

Min Payout$125

Payout SpeedSame-day (as fast as 15 min)

Instruments

Futures

Details

CountryUnited States

Established2012

VerifiedYes ✓

Max Funding$150,000

Challenges & Pricing

⭐ Most Popular Plan

$50,000

Account Size

$49/mo

Challenge Fee

Phase 1 Target

Phase 2 Target

Daily Drawdown

Get Funded

All account sizes available

Other sizes:$10,000 $20 $25,000 $34 $100,000 $88 $200,000 $157

Pros & Cons

What We Like

✓Longest continuous track record in the futures prop industry (est. 2012)
✓Low-cost entry evaluation starting at $49/month
✓Strong educational resources, daily livestreams and coaching
✓Multiple simultaneous funded accounts allowed

What Could Be Better

✗Tight max-loss limit leaves little room for error
✗2025 platform outages and delayed/failed stop-loss orders generated significant trader complaints
✗New payout policy caps early withdrawals for first several payouts
✗TopstepX is now the only supported platform

Payout Policy

Key Payout Facts

Profit Split100% of first $10,000, then 90%

Minimum Payout$125

Processing SpeedSame-day (as fast as 15 min)

Drawdown TypeTrailing (EOD)

Payout History

Apr 202695% · avg 4d

Mar 202696% · avg 3d

Feb 202694% · avg 5d

Firm Rules

📰News Trading

News trading restrictions depend on the challenge type. Always verify the current rules on the firm's website before trading during high-impact events.

🔄Hedging

Hedging between accounts is generally not permitted. Single-account hedging rules vary — check the firm's terms before using hedging strategies.

📋Copy Trading

Copy trading is allowed provided the trader is the signal source. Using third-party copy trading services may violate terms.

🤖EA / Bots

Expert Advisors and automated bots are permitted as long as they do not exploit system latency or engage in tick-scalping strategies.