Topstep at a glance
Topstep is a proprietary trading firm based in United States, in business since 2012.
- programmes, across 2 plans
- 2
- Cheapest plan
- $99
On the record
- Based in
- United States
- Founded
- 2012
- Chief executive
- Michael Patak
- Trades through
- Plus500 Ltd
- Instrument types
- Futures
Pay for a plan with
- Credit/Debit Card
Get paid by
- MACH
- Bank Wire Transfer
- Wise
What Topstep sells
2 plans in 2 programmes: 2 one-step evaluations.
1-stepNo Activation Fee - 1-Step 100K1-step
The rules
- Payout schedule
- 5 winning days, $150 per winning day to qualify for payout
On this programme
- News tradingNot allowed
- Copy tradingNot allowed
- Expert advisors (EAs)Allowed
- Weekend holdingAllowed
- Overnight holdingAllowed
- Stop lossNot required
1-stepStandard - 1-Step 100K1-step
The rules
- Payout schedule
- 5 winning days, $150 per winning day to qualify for payout
On this programme
- News tradingNot allowed
- Copy tradingNot allowed
- Expert advisors (EAs)Allowed
- Weekend holdingAllowed
- Overnight holdingAllowed
- Stop lossNot required
Compare all 2 programmes side by side
| Programme | Type | Sizes | Split | Target | Max drawdown | Daily loss | Min days | Leverage | Fee refund |
|---|---|---|---|---|---|---|---|---|---|
| No Activation Fee - 1-Step 100K | 1-step | Not recorded | Not recorded | Not recorded | Not recorded | Not recorded | Not recorded | Not recorded | Not recorded |
| Standard - 1-Step 100K | 1-step | Not recorded | Not recorded | Not recorded | Not recorded | Not recorded | Not recorded | Not recorded | Not recorded |
How Topstep pays
Payouts are made by MACH, Bank Wire Transfer, and Wise.
- Payout methods
- 3
- Payout schedules stated
- 1
Paid out by
- MACH
- Bank Wire Transfer
- Wise
Payout schedules, in the firm’s words
5 winning days, $150 per winning day to qualify for payout
No Activation Fee - 1-Step 100K and Standard - 1-Step 100K
Payout policy
Topstep's Profit Split
- Traders will receive 100% of the profits from payouts, up to $10,000
- After the first $10,000 of funds have been received by the trader, the profit split will become 90/10, with the trader receiving 90% of payouts and Topstep retaining 10% of the requested payout.
Express Funded Account
Traders can request a payout of up to $5,000 or 50% of their account balance after accumulating five winning trading days per payout request. A winning trading day is counted when a day’s Net PNL is $150 or more.
Express Payout Eligibility
- Get 5 winning days (each day +$150 or more).
- First payout: No balance requirement.
- After first payout: Your balance must be at or above your Eligible Payout Balance (the balance right after your last payout).
- If your balance drops below that level, you must raise it back up before requesting another payout.
- After each payout, the 5 winning days reset; previous winning days don’t carry over.
The updated Payout Eligibility Balance rule applies only to Express Funded Accounts created after 5 PM CT on Dec 30th, 2025.
Payout Frequency
5 Winning days
Minimum Payout Amount
$125
Payout Methods
- Wise: 1-3 business days
- ACH: 1-3 business days
- Wire/SWIFT: 3-5 business days
- International Wire/SWIFT: up to 5-10 business days
$20 processing fee with ACH or Wire
Once the payout request is processed, the Maximum Loss Limit will automatically be set to $0 (the trader cannot allow the account balance to reach or go below $0 after a payout).
More details can be found via this link: Topstep payout policy
Scaling Plan
The Scaling Plan is an objective in the Express Funded Account. It's evaluated each day when your Trade Report is updated.
See details: What is the Scaling Plan?
Live Funded Account
Traders can request a payout of up to 50% of their account balance after accumulating five winning trading days per payout request. A winning trading day is counted when a day’s Net PNL is $150 or more.
Traders can request Daily payouts and access 100% of the profits after accumulating 30 winning trading days (After which the Live Funded Account will be closed since the balance will be brought to the Maximum Loss Limit.)
Once you take five (5) payouts in any single Express Funded Account, you’ll be called up to Live after the Risk Team review.
Live Funded Explained: Live Funded
What you can trade
1 asset class, traded as Futures.
Asset classes
- Futures
Instrument types
- Futures
Trading costs
Commissions & Fees
What Topstep lets you do
Across all 2 plans, as recorded programme by programme.
- News tradingNot allowed on any plan
- Copy tradingNot allowed on any plan
- Expert advisors (EAs)Allowed on every plan
- Weekend holdingAllowed on every plan
- Overnight holdingAllowed on every plan
- Stop lossNot required on any plan
Consistency rules
Consistency Rule of 50%: On Combine Accounts, profits during a single trading day cannot exceed 50% of the total profit target.
Type: PROP_FIRM_CONSISTENCY_RULES
Firm rules
Minimum Trading Days
- Evaluation (Trading Combine): 2 Days (tied to the 50% consistency score)
- Funded (Express Funded (XFA)): 5 winning days of $150+
News Trading
Allowed with no restrictions during Evaluation and Funded stages.
Copy Trading
Trade copying can only be applied to accounts within the same trading environment. you can copy trades from a trading combine to an Express Funded Account, and from an Express from a trading combine to an Express Funded Account, and from an Express Funded Account to a Trading combine. Live Funded Accounts cannot utilize the Trade Copier.
Automated strategies and EA's
Automated strategies (EAs) are allowed, but traders are fully responsible for their setup and performance. Bots must comply with all trading rules no manipulative or unfair software and TopstepX only supports automation via API access.
Consistency rule
Only on combine accounts your profits should not exceed 50% of your total profit target.
On Express Funded account
After payout the capital remaining in your account will be the maximum amount you will be able to lose. Your maximum loss limit will always be set to $0 after your payout.
Inactivity
Express Funded Account must have at least one trade every 30 days to remain open.
Overnight Holding
Overnight and weekend holding are prohibited. All positions must be closed by 3:10 PM CT daily, except on Sundays when trades opened after 5:00 PM CT may be held into Monday’s session.
Trading Hours
At Topstep, traders can participate during Extended Trading Hours (ETH) or Regular Trading Hours (RTH).
See details: https://intercom.help/topstep-llc/en/articles/10026583-topstepx-extended-and-regular-trading-hours-toggle?
Prohibited Trading Strategies
- Account Stacking
- Intentional Account Depletion
- Terms Violation
- Use of Manipulative Tools (AI or Automation)
- Abnormal Market Behavior
- Trading Outside Market Range
- News Event Exploitation
More Prohibited trading conduct can be found via this link:
https://intercom.help/topstep-llc/en/articles/10296582-prohibited-conduct
VPN Rule
The use of VPNs, Proxy Services, TOR, geo-location obfuscation, and other potential identity masking services are not permitted
Trading Combine/Reset Purchase Limits
- Traders can purchase up to 10 new Trading Combine subscriptions per month.
- Traders are allowed 2 Resets per account per calendar day.
The Do's and Don'ts of SIM Fills
- Topstep prohibits any attempts to exploit or manipulate the simulated environment and may reject profits if abuse is detected.
- Practices like scalping algorithms, rapid-fire trades, impossible fills, or unrealistic stop-loss execution are not allowed.
- The rule targets intentional abusive behavior, not normal trading and exists to ensure traders focus on real, consistent skill development.
See details: https://help.topstep.com/en/articles/10431370-the-do-s-and-don-ts-of-sim-fills
2% Price Limit Rule
Topstep do not allow market participation when a product is trading within 2% of a Price Limit. Applies to all levels of Topstep's program.
Where Topstep does not take traders
Residents of 32 countries cannot open an account with Topstep.
- Afghanistan
- Algeria
- Angola
- Belarus
- Burkina Faso
- Burundi
- Cuba
- Democratic Republic of the Congo
- Haiti
- Iran
- Iraq
- Ivory Coast
- Kenya
- Kosovo
- Lebanon
- Libya
- Mali
- Morocco
Show 14 moreShow fewer
- Myanmar
- Nicaragua
- Nigeria
- North Korea
- Pakistan
- Russia
- Somalia
- South Sudan
- Sudan
- Syria
- Turkey
- Ukraine
- Venezuela
- Yemen
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