Topstep No Activation Fee Challenges

Prop Firm Compare

Topstep

Official Site

Topstep

Unverified

CEO:Michael Patak

United States

Founded:2012

Trustpilot:3.4/5

Prop Score

N/A

Unverified Firm

3.9

19 total reviews

Unverified Offer

No Verified Offer

We haven't verified any current promotions for this firm.

Get Listed

Broker

No broker data

Platforms

Project X

Plus 500

Payment Options

Credit Card

Payout Methods

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Data sourced from public information — may be incomplete or outdated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

Showing rules for All No Activation Fee accounts. Select a size for size-specific rules.

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

None. There is no consistency rule for your funded account.

Minimum Trading Days

5 minimum trading days required on your funded account.

Minimum Profitable Days

5 profitable trading days required. A profitable day requires earning at least $150.

Maximum Accounts

Maximum 5 funded accounts per trader.

Inactivity Rule

Account will be closed after 30 consecutive days without placing a trade.

Activation Fee

No activation fee.

Resets

Up to 2 resets available. Reset fee: $599.

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.

Maximum Drawdown

$2,000 maximum drawdown. 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

40% Consistency Rule. No single trading day's profit may exceed 40% of your total profit.

Minimum Trading Days

3 minimum trading days required on your funded account.

Minimum Profitable Days

5 profitable trading days required. A profitable day requires earning at least $150.

Maximum Accounts

Maximum 5 funded accounts per trader.

Inactivity Rule

Account will be closed after 30 consecutive days without placing a trade.

Activation Fee

No activation fee.

Resets

Up to 2 resets available. Reset fee: $599.

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.

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

The Bottom Line

Last updated March 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 this firm suits

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

Topstep Account Types & Sizes

Topstep No Activation Fee Topstep No Activation Fee $50K Topstep No Activation Fee $100K Topstep No Activation Fee $150K Topstep Standard Topstep Standard $50K Topstep Standard $100K Topstep Standard $150K

3.9

19 reviewsLeave a Review

Limited Reviews

Reviews for unverified firms may be unclear. Data shown is community-submitted.

Topstep

Visit Site

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Topstep

Official Site

Topstep

Unverified

CEO:Michael Patak

United States

Founded:2012

Trustpilot:3.4/5

Prop Score

N/A

Unverified Firm

3.9

19 total reviews

Unverified Offer

No Verified Offer

We haven't verified any current promotions for this firm.

Get Listed

Broker

No broker data

Platforms

Project X

Plus 500

Payment Options

Credit Card

Payout Methods

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

Showing rules for All No Activation Fee accounts. Select a size for size-specific rules.

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

None. There is no consistency rule for your funded account.

Minimum Trading Days

5 minimum trading days required on your funded account.

Minimum Profitable Days

5 profitable trading days required. A profitable day requires earning at least $150.

Maximum Accounts

Maximum 5 funded accounts per trader.

Inactivity Rule

Account will be closed after 30 consecutive days without placing a trade.

Activation Fee

No activation fee.

Resets

Up to 2 resets available. Reset fee: $599.

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.

Maximum Drawdown

Daily Loss Limit

No daily loss limit.

Consistency Rule

40% Consistency Rule. No single trading day's profit may exceed 40% of your total profit.

Minimum Trading Days

3 minimum trading days required on your funded account.

Minimum Profitable Days

5 profitable trading days required. A profitable day requires earning at least $150.

Maximum Accounts

Maximum 5 funded accounts per trader.

Inactivity Rule

Account will be closed after 30 consecutive days without placing a trade.

Activation Fee

No activation fee.

Resets

Up to 2 resets available. Reset fee: $599.

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.

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

The Bottom Line

Last updated March 2026

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

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 this firm suits

Topstep Account Types & Sizes

3.9

19 reviewsLeave a Review

Limited Reviews

Reviews for unverified firms may be unclear. Data shown is community-submitted.

Topstep

Visit Site

Never Miss a Prop Firm Deal

Get exclusive discounts and new firm alerts delivered to your inbox

Topstep

Topstep No Activation Fee Challenges

No Verified Offer

Unverified Firm Listing

Evaluation Rules

Profit Target

Maximum Drawdown

Daily Loss Limit

Consistency Rule

Minimum Trading Days

Maximum Contracts

Reset Fee

Subscription

Trading Rules

Funded Account Rules

Maximum Drawdown

Daily Loss Limit

Consistency Rule

Minimum Trading Days

Minimum Profitable Days

Maximum Accounts

Inactivity Rule

Activation Fee

Resets

Trading Rules

Maximum Drawdown

Daily Loss Limit

Consistency Rule

Minimum Trading Days

Minimum Profitable Days

Maximum Accounts

Inactivity Rule

Activation Fee

Resets

Trading Rules

Payout Rules

Profit Split

Payout Frequency

Payout Eligibility

Winning Days Required

Maximum Payout

Processing Time

Path to Live

Profit Split

Payout Frequency

Payout Eligibility

Winning Days Required

Maximum Payout

Processing Time

Path to Live

Restricted Countries

Strengths

Weaknesses

Topstep Account Types & Sizes

Limited Reviews

Compare Topstep With Other Firms

Never Miss a Prop Firm Deal

Topstep

Topstep No Activation Fee Challenges

No Verified Offer

Unverified Firm Listing

Evaluation Rules

Profit Target

Maximum Drawdown

Daily Loss Limit

Consistency Rule

Minimum Trading Days

Maximum Contracts

Reset Fee

Subscription

Trading Rules

Funded Account Rules

Maximum Drawdown

Daily Loss Limit

Consistency Rule

Minimum Trading Days

Minimum Profitable Days

Maximum Accounts

Inactivity Rule

Activation Fee