Legends Trading vs Topstep
Legends Trading vs Topstep: Key Differences
There is a modest pricing gap between these firms. Legends Trading comes in at $35.40 for the $50K evaluation while the other charges $109 — a $73.60 difference. That is roughly the cost of a reset at most firms, so it is worth factoring in if you budget for multiple attempts. Check available Legends Trading discount codes for additional savings.
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.
View the full details on each firm's page: Legends Trading rules & pricing and Topstep rules & pricing.
We have conducted full, first-person reviews of Legends Trading and Topstep.
Legends Trading vs Topstep: Prices & Rules
| Legends Trading | Topstep | |
|---|---|---|
| Account | Apprentice $50,000 | No Activation Fee $50,000 |
| Price | $35.40 ($59 before 40% off) | $109 |
| Activation fee | $99 | None listed |
| Profit target | $3,000 | $3,000 |
| Max drawdown | $2,000 (end-of-day trailing) | $2,000 (end-of-day trailing) |
| Daily loss limit | None listed | None listed |
| Min trading days | 1 | 2 |
| Funded profit split | 90% | 90% |
| Funded max drawdown | $2,000 (end-of-day trailing) | $2,000 (end-of-day trailing) |
Trading Rules: Side-by-Side
| 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.
Which Firm Is Right for You?
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.
Budget-Conscious Beginners
New to prop firms and want to minimize risk while learning the ropes.
Legends Trading
- +Lower entry cost at $35.40 vs $109
- +No consistency rule to worry about while learning
Experienced Traders
Consistent track record, focused on maximizing earnings and scaling capital.
Topstep
- +News trading allowed for event-driven strategies
- +Expert advisors supported for automated strategies
- +Higher scaling potential up to $750,000
Conservative Swing Traders
Prefer wider stops, lower risk, and the flexibility to hold positions longer.
Legends Trading
- +Both firms have comparable risk management features
Frequently Asked Questions
What does a $50K challenge cost at Legends Trading vs Topstep?
Legends Trading charges $35.40 for their $50K challenge (plus a $99 activation fee once funded), compared to $109 at Topstep. That is a $73.60 savings upfront. This already includes Legends Trading's 40% discount.
How do Legends Trading and Topstep profit splits compare?
Both firms pay a 90% profit split. On a $2,000 profit you keep $1800 at either firm — no difference in take-home pay.
Which firm has easier drawdown rules for the $50K account?
Both firms set the max drawdown at $2,000.
Can I trade during news events at Legends Trading or Topstep?
Topstep permits news trading while Legends Trading does not. Traders who build their edge around scheduled economic events should factor this into their decision.
How quickly can I get paid at Legends Trading vs Topstep?
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.
Do Legends Trading or Topstep have a consistency rule?
Legends Trading enforces a 35% consistency rule — no single day can account for more than 35% of your total earnings. Topstep has no such rule, giving you freedom to have outsized winning days without penalty.
Which firm is better for beginner futures traders?
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.
Related Comparisons
Related Resources
- Legends Trading Discount Codes — Current promotions and verified coupon codes
- Topstep Discount Codes — Current promotions and verified coupon codes
- Legends Trading Apprentice Plans — Rules and sizes for Apprentice accounts
- Legends Trading Elite Plans — Rules and sizes for Elite accounts
- Topstep No Activation Fee Plans — Rules and sizes for No Activation Fee accounts
- Topstep Standard Plans — Rules and sizes for Standard accounts
- Compare More Firms — Build your own side-by-side comparison
- How to Pass a Prop Firm Challenge — A step-by-step plan for the evaluation
- Cheapest Futures Prop Firms — Ranked by total cost to get funded
- Trailing Drawdown Explained — How EOD and intraday trailing drawdowns differ
- No Consistency Rule Prop Firms — Firms that don't cap your best day
- Best Instant Funding Prop Firms — Skip the evaluation entirely
- Trading Guides — Learn strategies for passing prop firm evaluations
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.
