Unlocking the Potential of Topstep Trader
In the dynamic business world of the future, having the right platform can make all the difference in your journey to success. Enter Topstep Trader, a Futures Prop located in Chicago, Illinois, USA. center, which has a mission to empower traders around the world. In this comprehensive guide, we’ll explore what Topstep offers, as well as account sizes, leverage, profit sharing, trading rules, platform support, customer service, and more. In addition, we will explore options and provide insights to help you make informed decisions.
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Step up: Your gateway to a future career
Established in 2010, Topstep Prop has emerged as a trusted name in the trading industry, giving traders the opportunity to trade with confidence in the futures market Whether you are a new trader looking for experience or an experienced one looking for new opportunities, Topstep provides the tools , products and support it needed to succeed in today’s markets .
Topstep Trader Reviews
Topstep Trader received a very good rating from Trustpilot, with 4.6 out of 5.0 based on over 2,900 reviews.
Topstep Trader offers two free training courses for aspiring futures traders:
Free Group Training: Topstep offers regular group training sessions every Monday-Thursday on TopstepTV. These meetings are led by experienced traders, who cover a variety of topics related to futures trading .
Free educational materials: Topstep offers a collection of educational materials, including articles, videos and instructions on their website. These items cover the fundamentals of future marketing and more advanced topics. Although free resources are offered, paid internship programs are also available.
What can you trade with Topstep?
Topstep Futures specializes in trading, offering a variety of asset classes that can be traded, including:
- Equity Futures Contracts.
- Forex futures Contracts.
- Agricultural Futures Contracts.
- Oil and Natural Gas Futures Contracts.
- Financial/Interest Rate Futures Contracts.
- Metal Futures (Gold, Silver, Copper) .
- Topstep gives traders access to different markets, allowing them to be flexible and flexible in their trading strategies.
Topstep account size and leverage
Topstep offers three major subsidized accounts, each with different purchasing power and monthly fees:
- $50,000 (purchasing power): $165/month
- $100,000 (purchasing power): $325/month
- $150,000 (purchasing power): $375/month
Unlike traditional leverage, the balance of Topstep’s trading account acts as buying power, meaning the leverage ratio is 1:1. Trader limits are defined by the number of contracts that can be traded, ranging from 5 contracts for a $50,000 account to 15 contracts for a $150,000 account
Level 1 data is free in the trading combine or in the live account and Level 2 data can be purchased for $39 per month.
Topstep profit sharing and payments
Topstep has variable benefits, with Traders starting out making 100% profit up to $10,000. After that, Topstep retains 10% of the profits, giving the trader a better profit sharing plan. This model encourages traders to be more efficient and still allows them to save most of their money.
Topstep Trading Combine – Rules and Objectives
Topstep Combine is a gateway to funded accounts, challenging traders to meet specific profit goals and adhere to strict trading rules. There is one key step in negotiation, with the minimum target profit and maximum range varying depending on the size of the account.
Traders follow daily loss limits, follow maximum withdrawals, stability goals, and escalation plans when trading the combination. Successful completion of the combine opens the door to an investment fund with real money to run the business.
Topstep Platforms and support
Topstep supports future trading platforms including TSTrader, NinjaTrader, Quantower, TradingView, and more. Whether you want a free or paid platform, Topstep offers a choice that matches your needs and preferences.
Topstep’s proprietary platform TopstepX offers unique features such as charts from TradingView, Tilt indicator, built-in trade copier, commission-free trading, and personal risk management tools With extensive platform support and new features, Topstep ensures that traders have the tools they need to succeed.
TOPSTEP TRADER Payout Policy
If you are looking for clarity on Topstep’s Payout Policy, you are in the right place. Boasting one of the best payment terms in the business, Topstep offers disciplined Traders the option to make weekly payments. Here’s what you need to know:
Unlocking the benefits:
Traders can request payment of up to 50% of their account balance by accumulating five consecutive winning trading days per payment request. A winning trading day is defined when the PNL (profit and loss) for a single day is $200 or more. These success dates accumulate as the number of runs between payment requests and do not have to be consecutive. After receiving payment, traders must have five more days of winning trades to qualify for their next payout.
For 100% of the benefits:
After accumulating 30 successful trading days, where each day generates $200 or more in net PNL, traders receive 100% of their account balance. This allows Traders to request 100% of their balance with each payment request. However, the minimum premium is $125.00. It is important to note that asking for the 100% to be paid in full will result in the account being funded being closed, as the balance will reach the maximum loss limit.
Additional payment information:
Once a Trader reaches a 30-day non-consecutive winning streak of $200 or more, they can go ahead and claim up to 100% of their account balance per payment. Traders can also voluntarily close their account and claim 100% of their balance once they have at least 30 days of winnings of $200 or more.
Access to Live Markets:
If a trader is consistently successful with an Express funding account, they will receive an invitation to join a Live Funded Account™. At this point, the express funded account is closed and the live account is opened with all balances. Live Funded accounts follow the same payment policy as Express Funded accounts and start with a $0 maximum loss limit.
How to request payment:
Traders can request funds using a form provided in the Topstep app. Payments are processed daily but may take up to 10 business days to be received depending on the method chosen. Available payment methods include Wise, ACH, Wire/SWIFT, and International Wire/SWIFT, each with a time limit.
Profit sharing:
Traders receive 100% profit on payments up to $10,000. If the pooled amount exceeds $10,000, the profit split reaches 90/10, with Trader retaining 90% of the fees and Topstep keeping 10% . Specifically, the Topstep payment system ensures transparency and fairness in profit sharing by providing Trader discipline and success
Topstep customer service and removal
Topstep puts customer service first, providing prompt and responsive support via email (support@topstep.com), phone ((888) 407-1611) and WhatsApp (Monday – Friday): 8AM – 5PM CT. Traders can contact the Topstep support team during business hours for assistance with any questions or concerns.
Withdrawals from Topstep are successfully processed through a variety of channels, including bank transfers, PayPal, Coinbase, Binance, and more. Withdrawal times vary depending on the option chosen, ensuring that Traders can access their funds in a timely manner.
Conclusion: Take your marketing power with Topstep
In conclusion, Topstep provides traders with a comprehensive platform to unlock their trading potential and succeed in future markets. With great transparency accounting, excellent profit sharing, strict but fair trading rules, broad platform support, and responsive customer service, Topstep provides the tools needed to succeed in today’s competitive environment prepares traders