TopStep
Active/ 10
Ideal for: Futures traders who want a regulated prop firm with fast payouts.
TopStep overview
TopStep is a futures-only prop firm founded in 2012 in Chicago. One of the oldest firms on the market and an NFA member. It runs on a monthly subscription model (Trading Combine). 90% profit split, payouts as soon as the next day, and an Express Funded activation option ($149 fee). TopStep has launched its own platform (TopstepX) and brokerage.
Instruments
Futures (CME, COMEX, NYMEX, CBOT)
Platforms
TopstepX, NinjaTrader, Quantower, TradingView
Leverage
Variable (contrats futures)
Profit split
90 %
Challenges & pricing: TopStep
All challenges offered by TopStep with prices, conditions and targets.
| Program | Size | Price | Phases | Target | Daily DD | Total DD | Duration |
|---|---|---|---|---|---|---|---|
| Trading Combine | 50 000 $US | 49 $US | 1 phase | 6 % | 2 % | 4 % | Unlimited |
| Trading Combine | 100 000 $US | 99 $US | 1 phase | 6 % | 2 % | 3 % | Unlimited |
| Trading Combine | 150 000 $US | 149 $US | 1 phase | 6 % | 2 % | 3 % | Unlimited |
Strengths & weaknesses
Strengths
- Next-day payouts
- One of the oldest prop firms (since 2012)
- Very low entry price ($49/month)
- Challenge passable in just 2 days
- Proprietary TopstepX platform
- NFA member (US-regulated)
Weaknesses
- Monthly subscription model (recurring payment)
- Futures only (no Forex or CFDs)
- Trailing drawdown (more restrictive)
- Tight max drawdown (3-4% trailing)
- $149 Express Funded activation fee
- Less than 1% of traders reach live funded
Detailed scoring
Our verdict on TopStep
TopStep is the obvious pick for futures traders. Its longevity, NFA status, proprietary platform and next-day payouts are heavy arguments. The $49/month subscription remains the most accessible entry point in futures. Watch out for the $149 Express Funded activation fee.
Full review of TopStep
TopStep comparisons
TopStep FAQ
Yes. TopStep focuses exclusively on futures markets (ES, NQ, YM, CL, GC, etc.). For Forex or CFD indices, look at FTMO or FundedNext.
The subscription model keeps the price low ($49/month) with unlimited attempts. You can pass in 2 days and cancel.
You keep 90% of your profits. Payouts are processed as soon as the next day after request — among the fastest on the market.
Get the weekly brief
The best prop firm deals, new guides and comparisons — straight to your inbox, free.
No spam. Unsubscribe in one click. We respect your inbox.
Trading involves significant risk of capital loss. Past performance does not guarantee future results. This site does not provide financial advice. All information is for educational purposes. Trade responsibly.
Some links on this site are affiliate links. If you sign up through them, we may earn a commission at no extra cost to you. This keeps the site free and independent. Our rankings and reviews are never influenced by these partnerships.