Topstep
FuturesOverview
GENERAL INFORMATION
- Firm Name
Topstep
- Established
January 2012
- Location
United States
- CEO
Michael Patak
- Trustpilot Rating
3.6
- Community Rating
4.5 (133 reviews)
- 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 - ES, NQ, RTY + micros; FX futures)
Challenges & pricing
| Account | Price | Target | Max loss | Drawdown | Min days | |
|---|---|---|---|---|---|---|
| 50K | $49/mo | $3,000 | $2,000 | Trailing (MLL / One Rule) | 5 | Get funded |
| 100K | $99/mo | $6,000 | $3,000 | Trailing (MLL / One Rule) | 5 | Get funded |
| 150K | $199/mo | $9,000 | $4,500 | Trailing (MLL / One Rule) | 5 | Get funded |
Rules & conditions
DRAWDOWN & RULES
- Drawdown Type
Trailing (Maximum Loss Limit / MLL). After a payout the MLL is automatically set to $0 - the trader cannot let the balance reach or go below $0.
- Daily Loss Limit
- Live Funded only50K $2,000100K $3,000150K $4,500
If the tradable balance falls to $10,000 or below, the DLL becomes $2,000 (returns to the tier DLL once the 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
- Max contracts50K 5 minis/50 micros100K 10 minis/100 micros150K 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 - Combine eval2 days (tied to 50% consistency)Express Funded Standard 5 winning days of $150+Express Funded Consistency 3 days with 40% targetCopy tradingonly within the same trading environment (Combine <-> Express Funded)Live Funded cannot use the Trade CopierAutomationEAs/automated strategies allowed (trader responsible; must comply)TopstepX supports automation via API onlyInactivity: Express Funded must trade at least once every 30 daysProhibitedaccount stackingintentional account depletionterms violationsmanipulative tools (AI/automation abuse)abnormal market behaviortrading outside market rangenews event exploitationVPN/proxy/TOR/geo-obfuscationPurchase limitsup to 20 new Trading Combine subscriptions per month2 resets per account per calendar daySIM-fill abuse: prohibited (scalping algos, rapid-fire trades, impossible fills)Price limit: 2% Price Limit Rule at all program levels
Payouts
PAYOUT POLICY
- Profit Split
90%
- Minimum Payout
$125
- Payout Frequency
- Express Funded Standardafter 5 winning days of $150+request 50% of balance up to $5,000Express Funded Consistency3 days with 40% targetrequest 50% up to $6,000
Both paths require profit above $0 since the last payout
Live Funded5 winning days ($150+ net PnL) for a 50% payoutdaily 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 - 2 per account per calendar day ($ amount not stated)
- Processing Time
- Wise: 1-3 business daysACH: 1-3 business daysWire/SWIFT: 3-5 business daysInternational 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
BurundiChinese Military Companies
Cote d'Ivoire (Ivory Coast)Crimea (Region of Ukraine)
CubaDarfur
Democratic Republic of the Congo
Haiti
Iran
Iraq
Kenya
Kosovo
Lebanon
Libya
Mali
Morocco
Myanmar (Burma)
Nicaragua
Nigeria
North KoreaNorth of Black Sea
PakistanRegions of Ukraine (CrimeaDonetskLuhansk)
Russia
Somalia
South Sudan
Sudan
Syria
Turkey
Ukraine
Venezuela
YemenZaporizhzhia (Region of Ukraine)
Ready to start with Topstep?
Visit TopstepAI summary · generated from our database, checked by the editor
Topstep is a futures prop firm with 6 challenges tracked in our database, priced from $49 to $229, funding accounts up to $150K. No verified discount code exists right now - listed prices are the firm's own. Funded traders keep 90% of profits. Across 132 aggregated trader reviews it averages 4.5/5. Topstep is the institutional name of futures prop - the oldest brand in the segment, with its own TopstepX platform - and famously runs no discount codes at all: the listed price is simply the price.