NFAUnited StatesTier 1Licence number
0567079
View licence record- Licence holder
- Held by TopstepFX
- Licence type and regime
- Financial Service
Not checkedUpdated
At a glance
Regulation on record for TopstepFX
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
TopstepFX 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 TopstepFX, strongest authority first.
1 record
- NFAUnited StatesTier 1
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
Frequently Asked Questions
Questions about the licences held by TopstepFX
Answered from the register entries on this page.
Most Popular Questions
TopstepFX focuses on futures trading and does not offer forex, CFDs, or cryptocurrencies. The broker uses a proprietary platform for futures trading and does not provide standard forex leverage, spreads, or commissions as it is associated with a prop trading firm rather than a traditional forex broker.
Yes, KYC verification is required for withdrawals at TopstepFX, especially when using methods like ACH, Wise, and wire transfers. The broker requires submission of KYC documents and specific forms depending on the withdrawal method to comply with regulatory standards.
TopstepFX accepts deposits primarily through credit and debit cards and PayPal for purchasing Trading Combine challenges. Withdrawals can be made via ACH for US bank accounts, Wise globally, and wire transfers domestically and internationally, with processing times ranging from instant to up to 10 business days and some fixed withdrawal fees.
TopstepFX supports the NinjaTrader and TradingView platforms, both available as desktop and web trader versions. NinjaTrader offers professional futures, forex, and stock trading with advanced charting and automated strategies, while TradingView provides web-based charting, social trading, and broker integration.
TopstepFX is regulated by the National Futures Association (NFA) in the United States, which is an onshore government regulator. The broker holds a Financial Service license and offers client fund insurance up to USD 500,000 through SIPC. According to WIKILIX, it operates with high transparency and a complaint mechanism via NFA Arbitration.
TopstepFX 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.
TopstepFX 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 TopstepFX 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 TopstepFX 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.
TopstepFX has licence records in United States. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.