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Topstep Overview

Topstep
Topstep
Unverified
CEO:Michael Patak
United StatesFlag of United States
Founded:2012
Trustpilot:3.4/5
Prop Score
N/A
Unverified Firm
4.2
39 total reviews
5
19
4
11
3
6
2
2
1
1
Unverified Offer

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Unverified Firm Listing

This firm listing has been compiled from publicly available information and community submissions. It has not been independently verified by our team. Data may be incomplete or inaccurate.

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Broker
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Payment Options
Credit Card
Credit Card
Payout Methods
Wise
Wise
Data sourced from public information — may be incomplete or outdated

Account Size

Account Type

Drawdown Type

EOD

Max Allocation

$750,000

Account details are unverified — confirm directly with the firm before purchasing

Profit Target

Varies by account size:

  • $50K: $3,000 profit target
  • $100K: $6,000 profit target
  • $150K: $9,000 profit target

Maximum Drawdown

Varies by account size:

  • $50K: $2,000
  • $100K: $3,000
  • $150K: $4,500

End of Day (EOD) Trailing. Your maximum drawdown trails up at the end of each trading day based on your highest end-of-day balance. Intraday fluctuations do not affect the drawdown level.

Daily Loss Limit

No daily loss limit.

Consistency Rule

50% Consistency Rule. No single trading day's profit may exceed 50% of your total profit.

Minimum Trading Days

2 trading days required.

Maximum Contracts

Varies by account size:

  • $50K: 5 minis / 50 micros
  • $100K: 10 minis / 100 micros
  • $150K: 15 minis / 150 micros

Trading Rules

  • News trading is permitted. You may hold trades through news events.
  • Positions must be closed before market close on Friday. Failure to close positions may result in an automatic breach.
  • Overnight holding is not permitted. All positions must be closed by end of each trading session (typically 5:00 PM ET for futures).
  • Hedging is not permitted. You cannot hold opposite positions (long and short) on the same instrument at the same time.
  • Holding mini and micro contracts at the same time is allowed.
  • Copy trading is permitted. You may copy trades between your own accounts.
  • Expert advisors (EAs) and automated trading bots are permitted.
Data sourced from public information — may be incomplete or outdated
Account details are unverified — confirm directly with the firm before purchasing
Payout information is unverified — confirm directly with the firm

The Bottom Line

Last updated August 2026

This editorial assessment is based on unverified public data and may not reflect the firm's actual offering.

Topstep has been around since 2012, making it one of the longer-running firms in the space. They offer 2 account types with challenge fees ranging from $49 to $209. The profit split goes up to 90%, though that rate is conditional: Traders who joined before January 12, 2026 receive 100% of the first $10K in profits and a 90/10 split thereafter, while traders who joined on or after January 12, 2026 receive a 90/10 split on all payouts.. Payouts can be requested every 5 trading days, with a stated processing time of 1-3 business days.

Strengths

  • ✓Up to 90% profit split (Traders who joined before January 12, 2026 receive 100% of the first $10K in profits and a 90/10 split thereafter, while traders who joined on or after January 12, 2026 receive a 90/10 split on all payouts.)
  • ✓Operating since 2012 (14 years)
  • ✓Challenges from $49
  • ✓Payouts available every 5 trading days
  • ✓News trading allowed
  • ✓Expert Advisors (EAs) permitted

Weaknesses

  • ✗Trustpilot rating of 3.4, which suggests mixed trader feedback
  • ✗Consistency rule applies across all account types during evaluation (as tight as 50%), limiting how much profit can come from a single trading day

Who Should Choose Topstep?

Active traders who want frequent payouts (every 5 trading days)Budget-conscious traders (challenges from $49)Traders aiming for a path to live funded tradingScalpers and news traders with no minimum hold time restrictions
4.2
39 reviewsLeave a Review

Limited Reviews

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Topstep
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