Home / BEST PROP FIRMS / Topstep Prop Broker: The Ultimate Guide for 2025
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As someone who has been deeply involved in the financial markets for over two decades, I’ve seen the rise of many proprietary trading firms (prop firms) that promise great opportunities for traders.
Among them, Topstep stands out as a major player in the futures trading space. Whether you’re a newcomer to prop trading or an experienced futures trader looking for better opportunities, Topstep offers a robust platform that allows you to become a funded trader after proving your trading skills.
In this detailed guide, I’ll walk you through Topstep, its challenges, funded trading accounts, payout structures, scaling plans, and more. Let’s dive in and explore everything you need to know about Topstep in 2025.
What is Topstep?
Topstep is one of the most well-known futures prop firms in the industry.
The platform allows traders to prove their skills through a series of evaluations and then earn the opportunity to trade with the firm’s capital once they pass the challenge. What sets Topstep apart is its structured approach, offering traders a clear pathway to accessing funded accounts and scaling their trading careers with Topstep scaling plans.
The company, founded by Michael Patak, is committed to providing an effective and supportive environment for both aspiring and experienced traders. Topstep is one of the most popular choices for traders looking for a funded futures account.
Topstep Evaluation and Trading Rules
To start trading with Topstep, traders must complete a two-phase evaluation process known as the Topstep Combine.
This process includes both a trading challenge and a verification phase where you need to prove your ability to trade consistently and adhere to Topstep rules. The rules are designed to test your ability to manage risk while aiming for profits.
Topstep Combine Rules
Here’s a quick overview of the key rules for the Topstep Combine:
- Profit Target: In most accounts, you need to hit a profit target (e.g., $3,000 for a 50k account).
- Max Daily Loss: The maximum loss allowed in one day is typically 5% of your account balance.
- Max Total Loss: The overall loss limit is usually around 10% of the account balance.
- Minimum Trading Days: Traders must trade for at least 10 days during the evaluation period to show consistency.
- Scaling Plan: Topstep scaling allows traders to increase their capital as they demonstrate consistency.
You can also check the Topstep dashboard to track your progress throughout the evaluation.
How to Become a Funded Trader with Topstep?
Once you pass the Topstep Combine and adhere to Topstep rules, you will be offered a funded trading account. This account allows you to trade futures markets with Topstep’s capital while keeping a portion of the profits. Typically, funded traders keep 80% of the profits, but it can vary based on the specific account type you choose.
Topstep offers different funded futures account sizes, and the process is designed to ensure only those who can maintain consistent profitability are selected for funding. Once you’re funded, you can continue trading and scaling up your account, provided you adhere to the firm’s rules, such as drawdown limits.
Topstep Payout Policy
Topstep follows a payout policy where traders receive a profit split based on their performance.
Generally, traders receive an 80% share of their profits, though this can vary based on their scaling plan or account size.
Here’s a breakdown of Topstep’s payout system:
Account Size | Profit Split (Typical) |
---|---|
50k Account | 80% Trader / 20% Topstep |
100k Account | 80% Trader / 20% Topstep |
150k Account | 80% Trader / 20% Topstep |
200k Account | 80% Trader / 20% Topstep |
It’s important to note that Topstep also has a scaling plan, allowing traders to increase their capital as they become more successful. As a funded trader, you can earn more by adhering to their Topstep trading rules and maintaining consistent profits.
Platforms and Tools Offered by Topstep
Topstep supports a variety of platforms for traders, including:
- NinjaTrader: A powerful platform for futures traders, supporting various trading strategies.
- Tradovate: A cloud-based trading platform offering advanced charting and order management features.
- Rithmic: A highly respected platform used by professionals for fast and reliable trade execution.
Topstep Reset and Promo Codes
Topstep offers reset options for traders who don’t pass the Combine on their first try. If you fail to meet the rules during the evaluation, you can purchase a Topstep reset promo code to start the challenge again, often at a discounted rate.
Additionally, Topstep sometimes provides promo codes or discount codes for new users or existing traders looking to reset their Combine. These promotional offers can be a great way to save money while improving your chances of passing the Topstep Combine.
Topstep Career Opportunities
Topstep doesn’t just offer opportunities for traders. The firm also has Topstep careers for those looking to get involved in different aspects of the business.
Whether you’re interested in working in trading education, support, or even technology, Topstep provides a range of career options.
Additionally, Topstep has an active Discord community where traders and professionals come together to share tips, strategies, and opportunities.
Is Topstep Legit?
Absolutely. Topstep is a legitimate, well-regulated prop firm. They have been in business for several years, and their platform is trusted by thousands of traders worldwide.
You can read plenty of Topstep reviews on third-party sites, such as Trustpilot, to understand the experiences of other traders.
In 2025, Topstep remains one of the most reputable names in the futures prop firm space, offering a range of services, including funded futures trading, Topstep scaling plans, and access to professional trading platforms.
Useful
FAQs
1. What is Topstep?
Topstep is a futures prop firm that allows traders to prove their skills through an evaluation process (the Topstep Combine) and then trade with the firm’s capital.
2. How does the Topstep Combine work?
The Topstep Combine is a two-phase evaluation that tests your trading ability by requiring you to hit profit targets and adhere to Topstep rules, including daily and overall loss limits.
3. How much does the Topstep challenge cost?
The cost of the Topstep challenge depends on the account size, with fees ranging from $150 to $500 or more for the larger accounts.
4. What is the Topstep payout policy?
Traders receive an 80% profit split for their trading success, though this may vary depending on the account size and the scaling plan.
5. How do I get a funded account with Topstep?
To become a funded trader, you must pass the Topstep Combine and follow their trading rules, including risk management guidelines and profit targets.
6. What platforms can I use with Topstep?
Topstep supports platforms such as NinjaTrader, Tradovate, and Rithmic for futures trading.
7. What is the Topstep scaling plan?
The scaling plan allows traders to increase their trading capital as they demonstrate consistent profitability and adherence to the firm’s rules.
8. How do I use a Topstep reset promo code?
If you fail the Combine, you can use a reset code to start over at a discounted price. Check Topstep’s website for current promotions.
9. Is Topstep regulated?
Yes, Topstep is a regulated firm with a long-standing reputation in the trading community.
10. What is the Topstep payout policy?
The standard payout policy offers traders an 80% profit share, although this can vary based on the scaling plan and account size.
For more details on funded trading accounts and how Topstep compares to other prop firms, check out our list of all prop firms to make an informed decision.