Wikilix
Licence record

Topstep licences

One licence is on record for Topstep. None has been checked against an official register yet.

Back to Topstep
At a glance

Regulation on record for Topstep

Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.

Licences on record
1
Issuing authorities
1
From tier-1 or tier-2 authorities
1
Found on an official register
0

Topstep has one licence on record with Wikilix, issued by one authority across one jurisdiction. One of them was issued by a tier-1 or tier-2 authority — the regimes with the strictest capital, reporting and client-money rules. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.

Issuing authorities

Jurisdictions

Licence record

Licences on record

Every licence on record for Topstep, strongest authority first.

1 record
A licence we could not confirm, or one a register has closed, is listed with that finding rather than left out.
Protection

What this licence protects

NFA's own rules for the firms it authorises.

  • Compensation schemeUp to USD 500000 (SIPC)
  • Client money kept separate
  • Complaints routeNFA Arbitration
  • Maximum leverage1:47
This describes the authority's regime, not how Topstep applies it.
Frequently Asked Questions

Questions about the licences held by Topstep

Answered from the register entries on this page.

Most Popular Questions
Topstep provides customer support via live chat during business hours and a phone number for international callers. Support is offered in English, and the broker maintains active social media channels for additional contact.
Topstep requires a minimum deposit of 165 USD. Withdrawals via bank transfers such as ACH, Wire/SWIFT, and Wise incur a fixed fee of 20 USD, with processing times ranging from 1 to 10 business days depending on the method.
TopstepX™ : Topstep’s own trading platform (with TradingView‑powered charts and built‑in tools) is now the primary supported platform for new funded accounts; previous support for platforms like NinjaTrader, Tradovate, Quantower, etc., is being phased out with emphasis on TopstepX.
Topstep LLC is not regulated by any financial authority. Users should consider this lack of regulation when evaluating the safety and compliance of the broker.
Topstep has one licence record with Wikilix, issued by one authority across one jurisdiction. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
Topstep holds licence records issued by NFA. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
One of the licence records held by Topstep comes from tier-1 or tier-2 authorities (1 tier-1, 0 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the one licence record held by Topstep has been located on an issuing authority’s register, so each should be read as claimed rather than confirmed. Every record links to the official register so you can check it yourself.
Topstep has licence records in United States. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.
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