propfirmtrading
Topstep

Topstep

Futures
πŸ‡ΊπŸ‡Έ USΒ· Est. January 2012Β· β˜… 3.5 Trustpilot
No active offer right now.
Country
US
In business
14 yrs
Markets
Futures
CEO
Michael Patak

Overview

GENERAL INFORMATION

Firm Name

Topstep

Established

January 2012

Location

United States

CEO

Michael Patak

Trustpilot Rating

3.5

Instrument Types

Futures

Programs

1-Step (Trading Combine -> Express Funded [Standard Path, Consistency Path]); Live Funded

PLATFORM & DATA

Broker

Plus500

Platforms

TopstepX

Data Feed

TopstepX (own data feed)

PAYMENT & PAYOUT METHODS

Payment Methods

Credit/Debit Card

Payout Methods

ACH, Aeropay, Bank Wire Transfer, Wise

Payout Processor

Aeropay

INSTRUMENTS & ASSETS

Assets

Futures (CME equity index β€” ES, NQ, RTY + micros; FX futures)

Challenges & pricing

AccountPriceTargetMax lossDrawdownMin days
50K$49/mo $3,000$2,000Trailing (MLL / One Rule)5
100K$99/mo $6,000$3,000Trailing (MLL / One Rule)5
150K$199/mo $9,000$4,500Trailing (MLL / One Rule)5

Rules & conditions

DRAWDOWN & RULES

Drawdown Type

Trailing (Maximum Loss Limit / MLL). After a payout the MLL is automatically set to $0 β€” the trader cannot let the balance reach or go below $0.

Daily Loss Limit

Live Funded only: 50K $2,000, 100K $3,000, 150K $4,500. If tradable balance falls to $10,000 or below, DLL becomes $2,000 (returns to tier DLL once EOD balance is back above $10,000).

Consistency Rule

Combine: 50% (challenge). Express Funded Standard Path: none (funded). Express Funded Consistency Path: 40% (funded).

Contract / Scaling Limits

50K: up to 5 minis / 50 micros, 100K: 10 minis / 100 micros, 150K: 15 minis / 150 micros. Express Funded has a daily Scaling Plan objective.

News Trading

Allowed with no restrictions during Evaluation and Funded stages.

Other Key Rules

Min trading days β€” Combine eval: 2 days (tied to 50% consistency); Express Funded Standard: 5 winning days of $150+; Express Funded Consistency: 3 days with 40% target. Copy trading only within the same trading environment (Combine <-> Express Funded; Live Funded cannot use the Trade Copier). EAs/automated strategies allowed (trader responsible; must comply; TopstepX supports automation via API only). Inactivity: Express Funded must trade at least once every 30 days. Prohibited: Account Stacking, Intentional Account Depletion, Terms Violation, manipulative tools (AI/automation abuse), Abnormal Market Behavior, Trading Outside Market Range, News Event Exploitation. VPN/Proxy/TOR/geo-obfuscation not permitted. Purchase limits: up to 20 new Trading Combine subscriptions/month; 2 resets per account per calendar day. SIM-fill abuse prohibited (scalping algos, rapid-fire trades, impossible fills). 2% Price Limit Rule (all program levels).

Payouts

PAYOUT POLICY

Profit Split

90%

Minimum Payout

$125

Payout Frequency

Express Funded Standard: after 5 winning days of $150+ (request 50% of balance up to $5,000). Express Funded Consistency: 3 days with 40% target (request 50% up to $6,000). Both require profit > $0 since last payout. Live Funded: 5 winning days ($150+ Net PnL) for 50% payout; daily payouts and 100% of profit after 30 winning days (account then closes).

Safety Net / Threshold

After a payout the Maximum Loss Limit is set to $0; must hold profit > $0 since last payout.

Activation Fee

Offered in Standard and No-Activation-Fee variants ($ amount not stated)

Reset Fee

Resets allowed β€” 2 per account per calendar day ($ amount not stated)

Processing Time

Wise: 1-3 business days; ACH: 1-3 business days; Wire/SWIFT: 3-5 business days; International Wire/SWIFT: 5-10 business days. $30 processing fee with ACH or Wire.

Restricted countries

RESTRICTED COUNTRIES

Restricted Countries

Afghanistan, Algeria, Angola, Belarus, Burkina Faso, Burundi, Chinese Military Companies, Cote d'Ivoire (Ivory Coast), Crimea (Region of Ukraine), Cuba, Darfur, Democratic Republic of the Congo, Haiti, Iran, Iraq, Kenya, Kosovo, Lebanon, Libya, Mali, Morocco, Myanmar (Burma), Nicaragua, Nigeria, North Korea, North of Black Sea, Pakistan, Regions of Ukraine (Crimea, Donetsk, Luhansk), Russia, Somalia, South Sudan, Sudan, Syria, Turkey, Ukraine, Venezuela, Yemen, Zaporizhzhia (Region of Ukraine)