Topstep Trader Review: Funded Account, platforms and commissions
Topstep Trader is reinventing the world of trading with its programs. TopStep Trader prepares traders for futures trading and allows them to apply for a futures funded account.
Table of Contents
Top Step Trader Combine Program
This program simulated futures account. Traders take the program to prove that they can make a profit and manage risks. Once the consistency and profitability are proven without breaking any rules, traders earn their funded account.
Account types and prices
The first step is to choose the account size. Accounts vary by starting balance, profit target, loss limit, and maximum drawdown. Accordingly, these accounts are priced between $150 and $375 per month.
Traders are then required to prove their potential in two steps. The first step is to meet the profit targets while following the rules of not exceeding daily loss limit, weekly loss limit, and trading permitted products during permitted times. The second step is to manage risks while following the same rules.
Topstep Funded Account Rules
If a trader is successful in completing the Trading Combine program, he becomes eligible for a Futures Funded Account. He can start trading with real money and keep the first $5,000 in profits and 80% thereafter, while TopStepTrader assumes all the risk.
Trading platforms and commissions
Additionally, TopStepTrader also offers traders a trading platform to trade. The recommended platforms are TSTrader and NinjaTrader while other platforms are also available. Traders are not charged any commissions for using TSTrader and commissions as low as $0.53 per contract on other trading platforms.
Thus, TopStepTrader offers industry’s leading funded account program. Traders can trade a variety of products including EUREX products and pay deeply discounted commissions.
Funded Trading Account
Years in business
Number of traders