Updated June 23, 2024
Minimum 2 trading days to pass
Reach profit target to move to funded account
End of day trailing drawdown. Account balance must be maintained above drawdown limit at anytime. When drawdown balance reaches initial balance it stops trailing. For example, in a 100k account drawdown balance trails from 97,00 till it reaches 100,000 after which it stops trailing.
Do not exceed the maximum number of contracts for each trade
Crossing the daily loss limit shuts trading for the day. Can resume trading the next day
Must close orders /positions before 4:10 p.m. EST, New York
Best day cannot be more than 50% of profit target
Should trade only front-month contracts (most volume, not about to expire or already expired)
You can trade during news
Free reset of failed account on renewal. Immediate reset available at the monthly price of the evaluation.
One free 150K practice account with evaluation subscription (1 per data feed, e.g. Rithmic, CQG) to practice strategies. Free resets of practice accounts at any time.
Trading Platforms free in Evaluation, XFA (express funded account) and Live Accounts - TopstepX (features TradingView charts, built in copier, cheaper commissions costs, trade 10x micros for each mini in evaluation and EFA, Tilt bias indicator, manual lockout, Mobile, Windows, MacOS); Quantower (features free TPO, DOM surface, Volume Analysis Tools); Tradovate; TradingView; RTrader Pro; CTS T4 (only minis).
Trading Platforms free in Evaluation and XFA - Ninja Trader; ATAS. Other platform connections are also available
Option to switch trading platform within the same data feed in the evaluation stage only (consult support)
Level 2 Depth of all markets available for $39 monthly
Micros are considered full size lots (exception TopstepX)
Commission costs vary between platforms. Sample commission costs for ES/MES each way are approximately $2.18 and $0.71 respectively (TopstepX - $1.40 & $0.37)
No limit on the number of evaluation accounts but can hold a maximum of 5 express funded accounts only
Copy trading is allowed (free with TopstepX, Tradovate, RTrader Pro and Quantower platforms). Automated strategies can be used.
Toptstep Educational Resources: Trading Futures Foundations series, weekly newsletter, Technical Analysis 101, Topstep TV, Coach T, Discord & Facebook community
Caution / Prohibited: Taking advantage of easier fills in simulated environment, making hundreds of rapid trades, trading excessive unrealistic contracts in a day, using bracket orders with less than 15 ticks, disruptive practices, spoofing, trading in concert with other persons, performing trades outside the best bid / offer, hedging, using VPN or VPS, and others (refer to Topstep)
* trade 10x micros for each mini in TopstepX only
After passing the evaluation you can activate Express Funded Account in your dashboard and after paying the activation fee of $149 within 30 days of passing. Passed evaluations in excess of 5 XFA will be put on hold for 30 days.
No consistency requirement
No resets
Like in evaluation crossing the daily loss limit shuts trading for the day (see table)
EOD drawdown stops trailing when it reaches starting balance like in evaluation
Contracts scaling plan is calculated at end of day on the accumulated profits and withdrawals (see table). For example, on a 100k account if your profit is between $1,501 and $2000, you can trade up to 4 contracts and if it is less than $1,500, you can trade only 3 contracts maximum. Tradovate and Rithmic platforms would reject orders in excess of the scaling plan. Errors in position sizing corrected in less than 10 seconds will not count as rule violation
Maximum allowed trading break in XFA is 30 days
Prohibited: Trading within 2% of CME price limit (refer CME price limit)
Select traders are moved to live trading. Traders cannot refuse this offer. Only one live trading account is permitted. Maximum loss limit is calculated intraday on unrealized P&L. Data fees $135/exchange billed at the start of month.
In the first 30 winning days you can request a payout after 5 win days of $200+ (consecutive or nonconsecutive) for each payout period. Traders have access to 50% of profits in this period.
After 30 winning trade days, trader can request 100% of profits at anytime
Minimum payout request is $125
Traders receive 100% of the first $10,000 and 90% thereafter
Payouts are processed daily and paid through Wise (as USD or local currency), ACH, wire, or international wire transfers
Traders can qualify for theFirst Payout Bonusfor each funded account. Bonus amount is equivalent to the last evaluation subscription paidUS residents may receive payouts under single member LLC
TopstepX platform is low cost and offers many useful features
End of day drawdown
Up to 5 express funded accounts
Receive 50% of earnings after 5 win days of $200+ for the first 30 winning days, and no restrictions after that
