TopStep
TopStep is the pioneer of the funded trader concept, originally focused on futures trading but now offering forex funding. Known for its strong educational resources and trader development programs.
Key Facts
Scores Breakdown
Overall Score
Based on pricing, platforms, rules, payouts, and reliability
Challenge Options
| Type | Account Size | Price | Profit Target | Max Loss | Daily Loss | Profit Split | Duration |
|---|---|---|---|---|---|---|---|
| Trading Combine | $50,000 | $49 | $3,000 | $2,000 | $1,000 | 90% | Unlimited |
| Trading Combine | $100,000 | $99 | $6,000 | $3,000 | $1,500 | 90% | Unlimited |
| Trading Combine | $150,000 | $149 | $9,000 | $4,500 | $2,250 | 90% | Unlimited |
Trading Rules
- 1Must follow the Trading Combine rules
- 2Maximum daily loss limit must be respected
- 3Trailing drawdown on funded accounts
- 4Minimum 5 trading days
- 5No holding positions during major news (optional)
Pros & Cons
Pros
- Pioneered the funded trading concept (since 2012)
- 90% profit split from day one
- Excellent educational resources and coaching
- Very competitive monthly pricing
- Strong community and trader support
Cons
- Primarily focused on futures rather than spot forex
- Limited platform options for forex traders
- US-focused with limited international payment options
- Profit targets can be challenging for smaller accounts
Full Review
TopStep is widely credited with creating the funded trader industry back in 2012. Based in Chicago, the firm originally focused exclusively on futures trading but has expanded into other instruments.
The Trading Combine evaluation is straightforward: hit your profit target while staying within daily and overall loss limits. There is no time limit, and the monthly subscription pricing ($49-$149) is very competitive compared to one-time challenge fees from other firms.
TopStep offers a 90% profit split from day one, which is one of the highest in the industry. Their educational resources, including coaching sessions, webinars, and a strong community forum, set them apart from purely evaluation-focused firms.
The main consideration for forex traders is that TopStep is primarily a futures prop firm. Forex exposure comes through futures contracts rather than spot forex. For dedicated spot forex traders, other firms may be a better fit, but for those comfortable with futures, TopStep is an excellent option.
Ready to Start Trading with TopStep?
Challenges from $49 · Up to 90% profit split · Weekly (after initial waiting period) payouts
Disclaimer
Prop trading firms are not regulated financial institutions. Challenge fees are non-refundable in most cases. Past performance of funded traders does not guarantee future results. Always read the full terms and conditions before purchasing a challenge. This review is for informational purposes only and does not constitute financial advice.