Topstep
Veteran futures prop firm with a structured Trading Combine evaluation, risk management coaching, and funded accounts up to $150K.
Quick Facts
- Starting Price
- $165/mo
- Free Tier
- No
- Founded
- 2012
- Company
- Topstep LLC
Topstep Overview
Topstep is one of the original and most respected futures-focused proprietary trading firms, founded in 2012 in Chicago. The firm pioneered the online prop firm evaluation model and has funded thousands of traders through its Trading Combine program.
The evaluation process involves trading a simulated futures account while meeting profit targets and adhering to risk rules. Topstep offers account sizes of $50K, $100K, and $150K. The key differentiator is Topstep's focus on risk management — the firm provides coaching, performance analytics, and daily loss limits designed to instill disciplined trading habits. Traders must demonstrate consistent profitability rather than hitting profit targets through one or two lucky trades.
Once funded, traders receive a 100% profit split on the first $5,000, then 90/10 thereafter. Payouts are processed quickly, and funded traders can withdraw profits at any time. Topstep supports trading through NinjaTrader, Tradovate, and other major futures platforms. The firm has a strong community with live trading rooms, educational webinars, and an active Discord.
Topstep Pricing
$50K Trading Combine
- ✓ $50,000 buying power
- ✓ $3,000 profit target
- ✓ 5 contracts max
- ✓ $2,000 daily loss limit
$100K Trading Combine
- ✓ $100,000 buying power
- ✓ $6,000 profit target
- ✓ 10 contracts max
- ✓ $3,000 daily loss limit
$150K Trading Combine
- ✓ $150,000 buying power
- ✓ $9,000 profit target
- ✓ 15 contracts max
- ✓ $4,500 daily loss limit
Features
Pros & Cons
Pros
- + One of the most established and trusted prop firms
- + Strong emphasis on risk management and trader development
- + 100% profit split on first $5,000
- + Active community with live trading rooms
- + Consistent and reliable payout history
Cons
- - Futures only — no forex or equities
- - Evaluation rules can be restrictive (consistency requirement)
- - Monthly fees accumulate during evaluation period
- - Automated trading not permitted
- - Smaller maximum account size than some competitors
Rating Breakdown
Overall Rating
Key Takeaways
- ✓ One of the most established and trusted prop firms
- ✓ Strong emphasis on risk management and trader development
- ✓ 100% profit split on first $5,000
- ✓ Active community with live trading rooms
- ✓ Consistent and reliable payout history
- ★ Rated 4.2/5 — best for futures traders, disciplined traders, risk-conscious traders
- $ Starts at $165/month
Summary
Veteran futures prop firm with a structured Trading Combine evaluation, risk management coaching, and funded accounts up to $150K. Plans start at $165/month. Best suited for futures traders, disciplined traders, and risk-conscious traders.
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