FXCI
Use promo code "FUNDEDTRADING" and get 15% discount. Challenge cost $42, funding amount $5K!
Topstep analysys: Your Path to a Funded Trading Account
Topstep, a leading proprietary futures trading firm established over a decade ago, offers traders the chance to secure funding without risking personal capital. Based in London, Topstep provides a platform for traders to refine their skills in discipline, trade execution, and risk management. Through its Trading Combine program, traders can access up to five funded accounts and earn a profit share of up to 90%. Since 2020, Topstep traders have withdrawn over $9 million in profits.
Updated 27-07-2024
Benefits
✓ Accelerated Funded Account Access: Quick access to funded accounts through the Trading Combine program.
✓ Extensive Educational Resources: Comprehensive resources to help traders improve their skills.
✓ Weekly Payout Opportunities: Frequent payout options, allowing traders to withdraw earnings weekly.
✓ Versatile Trading Platform Options: Multiple platform choices, including TSTrader and others.
✓ Free 14-Day Trial: Traders can start with a free 14-day trial and receive an initial discount.
✓ Multiple Accounts: Manage and earn from up to 5 funded accounts.
✓ Simple Payout Policy: Earn payouts after achieving five winning days of +$200.
✓ Fast Payout Processing: Payouts processed daily for quick access to earnings.
✓ Funded Trader Certificate: Receive a certificate to celebrate and share your funded trader status.
✓ Community and Support: Access to a Facebook community, Discord chatroom, and expert support from Chicago.
✓ Extensive Educational Resources: Comprehensive resources to help traders improve their skills.
✓ Weekly Payout Opportunities: Frequent payout options, allowing traders to withdraw earnings weekly.
✓ Versatile Trading Platform Options: Multiple platform choices, including TSTrader and others.
✓ Free 14-Day Trial: Traders can start with a free 14-day trial and receive an initial discount.
✓ Multiple Accounts: Manage and earn from up to 5 funded accounts.
✓ Simple Payout Policy: Earn payouts after achieving five winning days of +$200.
✓ Fast Payout Processing: Payouts processed daily for quick access to earnings.
✓ Funded Trader Certificate: Receive a certificate to celebrate and share your funded trader status.
✓ Community and Support: Access to a Facebook community, Discord chatroom, and expert support from Chicago.
Drawbacks
❌ Strict Maximum Loss Limit: Tight loss limits can be challenging for some traders.
❌ Exchange Fees for Funded Traders: Funded traders are required to pay exchange fees.
❌ Limited Replay Functionality in TSTrader: The TSTrader platform has limited replay capabilities.
❌ Exchange Fees for Funded Traders: Funded traders are required to pay exchange fees.
❌ Limited Replay Functionality in TSTrader: The TSTrader platform has limited replay capabilities.
Benefits
✓ Accelerated Funded Account Access: Quick access to funded accounts through the Trading Combine program.
✓ Extensive Educational Resources: Comprehensive resources to help traders improve their skills.
✓ Weekly Payout Opportunities: Frequent payout options, allowing traders to withdraw earnings weekly.
✓ Versatile Trading Platform Options: Multiple platform choices, including TSTrader and others.
✓ Free 14-Day Trial: Traders can start with a free 14-day trial and receive an initial discount.
✓ Multiple Accounts: Manage and earn from up to 5 funded accounts.
✓ Simple Payout Policy: Earn payouts after achieving five winning days of +$200.
✓ Fast Payout Processing: Payouts processed daily for quick access to earnings.
✓ Funded Trader Certificate: Receive a certificate to celebrate and share your funded trader status.
✓ Community and Support: Access to a Facebook community, Discord chatroom, and expert support from Chicago.
✓ Extensive Educational Resources: Comprehensive resources to help traders improve their skills.
✓ Weekly Payout Opportunities: Frequent payout options, allowing traders to withdraw earnings weekly.
✓ Versatile Trading Platform Options: Multiple platform choices, including TSTrader and others.
✓ Free 14-Day Trial: Traders can start with a free 14-day trial and receive an initial discount.
✓ Multiple Accounts: Manage and earn from up to 5 funded accounts.
✓ Simple Payout Policy: Earn payouts after achieving five winning days of +$200.
✓ Fast Payout Processing: Payouts processed daily for quick access to earnings.
✓ Funded Trader Certificate: Receive a certificate to celebrate and share your funded trader status.
✓ Community and Support: Access to a Facebook community, Discord chatroom, and expert support from Chicago.
Drawbacks
❌ Strict Maximum Loss Limit: Tight loss limits can be challenging for some traders.
❌ Exchange Fees for Funded Traders: Funded traders are required to pay exchange fees.
❌ Limited Replay Functionality in TSTrader: The TSTrader platform has limited replay capabilities.
❌ Exchange Fees for Funded Traders: Funded traders are required to pay exchange fees.
❌ Limited Replay Functionality in TSTrader: The TSTrader platform has limited replay capabilities.
About Topstep
Topstep, founded over ten years ago, is a proprietary trading firm dedicated to helping traders succeed in the futures market. The company provides a robust platform for traders to enhance their trading skills and gain access to substantial funding. Topstep’s unique Trading Combine program allows traders to earn a profit share of up to 90% and offers multiple funded accounts. The firm is committed to providing top-tier education, fast payouts, and exceptional support to its traders.
Key Features of Topstep
◉ Trading Combine Program: A comprehensive evaluation program designed to fund skilled traders.
◉ Profit Sharing: Traders retain their first $10,000 in earnings, with subsequent profits split at a 90% rate.
◉ Educational Resources: Extensive courses, live trading sessions, and expert tips to improve trading performance.
◉ Community Support: Access to a vibrant trading community and expert support.
◉ Flexible Payouts: Weekly payout opportunities with fast processing times.
◉ Profit Sharing: Traders retain their first $10,000 in earnings, with subsequent profits split at a 90% rate.
◉ Educational Resources: Extensive courses, live trading sessions, and expert tips to improve trading performance.
◉ Community Support: Access to a vibrant trading community and expert support.
◉ Flexible Payouts: Weekly payout opportunities with fast processing times.
How it works? Trading programmes and prices
The Trading Combine program by Topstep is designed to help traders develop profitable and consistent trading skills, ultimately leading to a funded account. This simulated account program is a crucial step for futures traders aiming to qualify for payouts and secure funding.
Key Features of the Trading Combine Program
◉ Simulated Accounts: Start with a simulated account to refine your trading skills and habits.
◉ Evaluation Phases: The program includes practical instruction and evaluation, suitable for traders at all levels.
◉ Funded Accounts: Offers diverse funded account options with varying starting balances, open positions, and loss limits.
◉ Profit Sharing: Retain your first $10,000 in earnings and then keep 90% of subsequent profits.
The cost of the Trading Combine depends on the account size you choose:
◉ Evaluation Phases: The program includes practical instruction and evaluation, suitable for traders at all levels.
◉ Funded Accounts: Offers diverse funded account options with varying starting balances, open positions, and loss limits.
◉ Profit Sharing: Retain your first $10,000 in earnings and then keep 90% of subsequent profits.
The cost of the Trading Combine depends on the account size you choose:
You can pay for your Trading Combine using credit cards, debit cards, or PayPal.
Program Rules and Objectives
Account Activity:- Accounts inactive for more than 21 consecutive days will expire.
Leverage:- Leverage is set at 1:100 for all accounts.
Profit Day Requirement:- A profitable day requires closed positions to make a positive profit of at least 0.5% of the initial balance.
Daily Loss Limit:- The daily loss is capped at 5% of the higher of the starting equity or starting balance.
Trade Holding and News Trading:- Holding trades overnight and over the weekend is allowed.
- Holding indices over the weekend incurs a high swap.
- Holding trades over news is allowed, but executing orders 2 minutes before until 2 minutes after high-impact news is prohibited.
Additional Features
Platform Choice:Trade using platforms like TSTrader, MT4, or others offered by Topstep.- Payouts:First payout occurs 14 days after receiving a funded account, with bi-weekly payouts thereafter.
- Educational Resources:Access to extensive educational materials and community support.