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Loading...There is a modest pricing gap between these firms. Legends Trading comes in at $59 for the $50K evaluation while the other charges $109 — a $50 difference. That is roughly the cost of a reset at most firms, so it is worth factoring in if you budget for multiple attempts.
With matching 90% profit splits, neither firm has a financial edge on earnings. Your take-home pay will be identical for the same trading results, so the real comparison shifts to drawdown policies, trading flexibility, and how quickly you can access your funds.
Legends Trading requires fewer minimum trading days (1 vs 2).
Topstep permits news trading while Legends Trading restricts it. These operational differences can shape your day-to-day experience, particularly if your strategy depends on volatility around economic releases or requires more intraday flexibility.
Overall, Legends Trading and Topstep are remarkably similar on paper for the $50K challenge. The deciding factor will likely come down to personal preference — platform feel, community support, and how smoothly each firm handles payouts.
View the full details on each firm's page: Legends Trading rules & pricing and Topstep rules & pricing.
| Rule | Legends Trading | Topstep |
|---|---|---|
| News Trading | Eval only | Allowed |
| Weekend Holding | Not allowed | Not allowed |
| Overnight Holding | Not allowed | Not allowed |
| Hedging | Not allowed | Not allowed |
| Copy Trading | Allowed | Allowed |
| Expert Advisors (EAs) | Not allowed | Allowed |
Rules shown reflect the $50K challenge account. Some rules may differ by account size or type.
The best prop firm depends on your experience level, trading style, and priorities. Here is how Legends Trading and Topstep stack up for different types of traders.
New to prop firms and want to minimize risk while learning the ropes.
Legends Trading
Consistent track record, focused on maximizing earnings and scaling capital.
Topstep
Prefer wider stops, lower risk, and the flexibility to hold positions longer.
Legends Trading
Legends Trading charges $59 for their $50K challenge (plus a $99 activation fee once funded), compared to $109 at Topstep. That is a $50 savings upfront.
Both firms pay a 90% profit split. On a $2,000 profit you keep $1800 at either firm — no difference in take-home pay.
Both firms set the max drawdown at $2,000.
Topstep permits news trading while Legends Trading does not. Traders who build their edge around scheduled economic events should factor this into their decision.
Legends Trading offers a faster path to your first payout, with a minimum of 3 trading days required versus 5 at Topstep. After that, Legends Trading processes payouts via Rise.
Legends Trading enforces a 36% consistency rule — no single day can account for more than 36% of your total earnings. Topstep has no such rule, giving you freedom to have outsized winning days without penalty.
For beginners, Legends Trading has an edge thanks to lower challenge fee. These features reduce the pressure while you are still developing consistency. That said, both firms are viable — the best choice depends on your specific trading approach and budget.
Data is updated regularly but may not reflect the latest changes. Always verify current pricing and rules on each firm's official website before making a decision.
Detailed side-by-side comparison of Legends Trading and Topstep $50K challenge accounts. Compare fees, profit splits, drawdown rules, and more.