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Topstep
Structured review entry ready for the landing and compare lab.
Introduction
Topstep is a leading US-based futures prop trading firm that allows traders to prove their skills through a structured evaluation process and gain access to funded trading accounts. Founded in 2012, Topstep focuses exclusively on futures markets, offering traders a professional environment to trade CME-listed contracts with disciplined risk management rules.
Unlike traditional brokers, Topstep provides simulated trading accounts during the evaluation phase, where traders must meet profit targets while respecting strict drawdown limits. Successful traders can qualify for funded accounts and earn profit splits without risking their own capital.
Topstep is widely known for its transparent trading rules, strong risk management framework, and educational support, making it one of the most reputable futures prop firms for disciplined traders seeking long-term consistency.
Tradable symbols
Topstep does not offer tradable crypto tokens, as it is a futures prop trading firm focused on CME markets such as indices, commodities, and financial futures. Traders do not buy or hold assets directly; instead, they trade simulated futures contracts during evaluation and funded stages. The platform is designed for professional futures trading rather than crypto or token-based investing.
Deposit & withdrawal
Topstep uses a subscription-based evaluation model instead of traditional deposits. Traders pay a monthly fee to access the Trading Combine and prove their skills in a simulated futures trading environment. There are no direct deposits into trading capital, as funding is provided after successfully passing the evaluation phase.
Mobile app
Topstep offers a modern trading platform designed specifically for futures traders, providing access to real-time market data, advanced charting tools, and risk management features. The app allows users to participate in the Trading Combine, track performance, and manage funded accounts with a smooth and intuitive interface.
Payouts available only after passing evaluation and entering funded account; profit split typically 90/10; minimum payout rules apply; processing time usually a few business days; KYC required before withdrawals
Topstep uses KYC verification, encrypted identity checks via Veriff, and strict compliance controls to secure trader accounts and payouts.
Topstep does not allow participation from several restricted jurisdictions including Afghanistan, Algeria, Angola, Belarus, Burkina Faso, Myanmar, Burundi, Côte d’Ivoire, Cuba, Democratic Republic of Congo, Haiti, Iran, Iraq, Kenya, Kosovo, Lebanon, Libya, Mali, Morocco, Nicaragua, Nigeria, North Korea, Pakistan, Russia, Somalia, South Sudan, Sudan, Syria, Turkey, Ukraine, Venezuela, Yemen, and sanctioned regions such as Crimea, Donetsk, Luhansk, Kherson, and Zaporizhzhia.
Registration guide
Setup cards keep the page modular and editable while still looking like a polished product flow.
Register with your email and basic personal information.
Select your preferred account size and subscription plan.
Verify your identity using a government-issued ID and selfie verification.
Trade in the Trading Combine and qualify for a funded account by meeting Topstep rules.
At a glance
Topstep Review – Complete Guide to the Futures Prop Trading Firm
Topstep is one of the most recognized futures prop trading firms in the world, offering traders the opportunity to access funded accounts without risking large amounts of personal capital. Founded in 2012, Topstep focuses exclusively on futures trading and provides a structured evaluation system called the Trading Combine. Traders who successfully pass the evaluation can receive funded accounts and earn a percentage of generated profits.
Unlike traditional forex or CFD brokers, Topstep operates as a proprietary trading firm. This means traders are evaluated in a simulated trading environment before receiving access to funded capital. The company is especially popular among futures traders looking for disciplined risk management, transparent rules, and professional trading infrastructure.
What Is Topstep?
Topstep is a US-based futures prop firm designed to help traders demonstrate consistency and risk management skills before accessing funded trading accounts. The platform focuses on CME futures markets, including equity index futures, commodities, treasury futures, and energy contracts.
The prop firm uses a subscription-based evaluation process known as the Trading Combine. During this stage, traders must reach specific profit targets while following drawdown and risk management rules. Once successful, traders move to funded account stages and become eligible for payouts.
How Topstep Works
Topstep’s funding process is different from standard retail brokers. Instead of depositing capital into a live trading account, traders pay a monthly subscription fee to participate in the evaluation process.
Trading Combine Evaluation
The Trading Combine is the first stage where traders prove their consistency. The system measures:
- Profitability
- Risk management
- Daily loss limits
- Maximum drawdown
- Consistency across trading sessions
Passing the Trading Combine allows traders to move toward funded account access.
Express Funded Account
After completing the evaluation, traders receive access to an Express Funded Account where they continue trading under Topstep rules. Traders can begin receiving payouts while building track records and scaling accounts.
Markets Available on Topstep
Topstep specializes in futures trading only. Unlike CFD brokers or multi-asset trading platforms, it does not offer spot forex or stock investing.
Supported Futures Markets
- Equity Index Futures
- Micro Futures Contracts
- Commodity Futures
- Energy Futures
- Treasury Futures
- Metal Futures
This futures-only focus makes Topstep particularly attractive to professional day traders and scalpers.
Topstep Trading Platforms
Topstep provides access to several futures trading platforms, including its own modern platform called TopstepX.
TopstepX Platform
TopstepX is a web-based futures trading platform designed for fast execution and smooth performance. It includes:
- Advanced charting tools
- Trade copier support
- Integrated risk management
- Real-time data feeds
- Performance analytics
Third-Party Platform Support
Topstep also supports integrations with well-known futures trading platforms such as:
- NinjaTrader
- Quantower
- TradingView integrations
- Tradovate
Topstep Fees and Pricing
Topstep does not use traditional broker deposit systems. Instead, traders pay monthly evaluation fees depending on account size.
Evaluation Pricing
- $49/month for smaller account tiers
- $99/month for medium accounts
- $149/month for larger account sizes
Additional activation fees may apply after passing the evaluation process.
Trading Costs
Traders also pay futures commissions and exchange fees per contract traded. Costs vary depending on platform and futures product type.
Risk Management Rules
Risk management is one of the most important parts of the Topstep ecosystem. The prop firm emphasizes discipline and consistency over aggressive trading.
Main Trading Rules
- Daily loss limits
- Maximum trailing drawdown
- Position size restrictions
- Consistency requirements
- No prohibited trading behavior
Violating these rules can result in account resets or disqualification.
Topstep Payout System
One of Topstep’s strongest features is its transparent payout structure. Traders who qualify for funded stages can withdraw a portion of generated profits.
Profit Split
Topstep offers competitive payout structures with traders keeping up to 90% of profits depending on account progression and program structure.
Payout Requirements
- KYC verification required
- Minimum trading activity thresholds
- Compliance with all risk rules
- Payout request review process
Who Is Topstep Best For?
Topstep is best suited for:
- Futures traders
- Day traders
- Scalpers
- Disciplined traders
- Traders seeking funded capital
It may not be ideal for beginners with no futures experience or traders looking for passive investing options like staking or copy trading.
Topstep Pros and Cons
Advantages
- Strong reputation in futures prop trading
- Transparent evaluation rules
- Professional futures platforms
- Educational content and coaching
- High payout potential
Disadvantages
- Strict risk management rules
- Monthly subscription fees
- No forex or crypto spot trading
- Limited availability in restricted regions
Is Topstep Legit?
Yes, Topstep is considered one of the most established and legitimate futures prop trading firms. The company has operated since 2012 and has built a strong reputation among futures traders worldwide. It follows KYC and compliance procedures and partners with regulated futures infrastructure providers.
Final Verdict on Topstep
Topstep remains one of the best-known futures prop firms for traders seeking structured funding opportunities and professional trading environments. Its focus on risk management, futures specialization, and transparent evaluation rules makes it attractive for serious traders who value discipline and consistency.
For futures traders looking to scale without risking large personal capital, Topstep is a strong choice in the prop trading industry.
Frequently asked questions
Topstep is a US-based futures prop trading firm that funds traders after they pass a Trading Combine evaluation and follow risk management rules.
Yes, Topstep is considered one of the most reputable futures prop firms and has been operating since 2012 with thousands of funded traders worldwide.
Topstep uses a monthly subscription model, typically ranging from $49 to $149 per month depending on the account size and evaluation program.
No, Topstep focuses primarily on futures trading markets such as CME index, commodity, and energy futures contracts.
Topstep restricts traders from sanctioned and high-risk jurisdictions including Iran, North Korea, Syria, Russia, Cuba, Sudan, Afghanistan, and several OFAC-restricted regions.
Share your take on topstep
Join Topstep today and prove your futures trading skills to access funded accounts and professional trading opportunities.