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Topstep Discount and Review

Topstep Review and Discount Alert!

NEW Pricing at Topstep – Topstep Discount and Promo Pricing and updated Review of Topstep! Click here to visit Topstep the discount will be automatically applied.

As well my ongoing promo with Topstep is 20% off current prices for all new Topstep customers!

  • Ongoing exclusive promo for Canadian Futures Trader visitors!
  • Only for new Topstep sign ups

Topstep seldom runs promos, whenever they run a deal I will update here and on my Deals and Promos page!

Topstep was the very first company I did an evaluation (they call them combines) with back in February 2020. Below are the pros and cons of Topstep – My Review and Discount for Topstep
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Summary Review of my Topstep (and Discount)

I definitely recommend Topstep, I would say they are one of the most professional of the evaluation companies. They celebrated their 11th birthday in August 2023, so they’ve been around awhile in the prop firm world. They are the priciest though, so the trade off for the great perks is you’ll pay a bit more. Luckily if you use this link you’ll get 20% off your first combine if you are new to Topstep.

Read more below in my full Topstep Review and Discount. You can also visit my Top 10 Topstep Questions Answered article for further information.

Lastly, Canadians, YES Topstep services Canada and is one of my Top Rated Funded Futures Programs.

Topstep Review: Evaluations Available and Pricing

You can always visit the Topstep site to see the latest or if there are any deals. As well you automatically get 20% off by visiting them clicking the link on my site: Topstep 20% off

Account SizePrice/monthContractsGoalDrawdown
$50,000 (futures)$495$3,000$2,000
$100,000 (futures)$9910$6,000$3,000
$150,000 (futures)$14915$9,000$4,500

Topstep Review: Software Available

When you sign up with Topstep you will chose which of the trading software packages you want to use. Choose carefully because this is what you are committing to using going forward and when funded also. I personally chose the TSTrader platform, which is really run by Tradovate the brokerage. It’s easy to use, can run in your browser or downloading the program. They even have mobile versions.

Software Choices:

Topstep Review: Evaluation Rules

Below are the general rules and overview of Topstep. Be sure to read the specific rules on their site. Note that these are the revised rules as of December 2023:

  • One step only (previously 2 steps)
  • Consistency – no more than 50% of your total profits during the evaluation can be made in 1 day
  • Pass in as little as 2 days
  • $149 activation fee for all account sizes once you pass
  • Trade within the allowable hours, trade allowable products
  • Don’t break the Maximum Loss Limit (only rule that will cause you to lose your evaluation)
  • Don’t hit the Daily Loss Limit (you’ll be locked out for the day, but not lose your account)

Obviously if you are new to trading a lot of this might seem confusing. I recommend reading extensively over their Faqs and knowing what you are getting yourself into.

Maximum Loss Limit – just a quick point, this is a draw down that is calculated at the End of the Day, not during/after each individual trade. This is a benefit to you. Have as many swings up and down as you want within the day, your drawdown will be updated at end of day.

Topstep Funded Account Rules & Specs

Topstep recently in 2023 changed and simplified their funded plan. Now once you pass the evaluation you move into an Express Funded account (sim account) and once you hit the goals of it, you move to a Live Funded account.

Previously they had several options once you passed, so if you read anything about the old Pro account it is no longer in existence as of April 2023.

As well you are now allowed to have up to 3 funded accounts as of April 2023. Previously it was just 1.

Topstep Funded Account Fees

Once you are funded, there are often fees to cover data and/or 1 time set up fees. Topstep you have to pay a set up fee of $149, and then $122 per market ($125 if you use TSTrader). This is a monthly CME Data Subscription Fee.

Topstep Funded Account Withdraw Frequency & Methods

Topstep has updated their payout frequency to benefit traders! They now process withdrawals daily, and if you put in your request before 10am it will be sent that day. ACH transfers may take a few days to hit your bank account, but the payments are going out daily now.

Withdraws are done by paper check, ACH or bank wire. There are no fees for checks and ACH, wires are $50 fee if the withdrawal is under $500.

As well in order to do a withdrawal, you need to have 5 profitable days since your last withdrawal. A profitable day is considered over $200 in profit. In theory, you could withdraw up to 4 times per month.

Pros of Topstep

  • Ease of use – dashboard to track your progress, extensive faqs
  • Interactive community of Topstep on Facebook & founder often on there also
  • Great customer support
  • Pass in just 2 days
  • Lots of content for traders – YouTube live streams daily, podcast
  • Trailing drawdown calculated at the End of the day (not during/after each trade)

Cons of Topstep

  • 5 profitable days between each withdraw
  • Can only withdraw 50% of your available profits at any point (note they’ve changed this now that after 30 profitable days you can withdraw 100%. You can still do 50% after every 5 days for the first 30 days).
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Unique Standout Features

  • Topstep Live YouTube channel
  • Founder interactive, accessible
  • Quality product
  • Great customer support
  • Great for new traders – easier transition into trading

Be Notified Of New Trader Evaluation Promotions

Submit your email if you want to be notified of new trader evaluation promotions. I never spam nor sell anything. Usually 2-3 emails a month are sent with the latest deals.

My Top Rated Funded Futures Programs

Topstep Additional Articles

Note several of these articles are older and the information may have changed. Please Visit Topstep and their faqs section for the very latest.

Risk Disclosure:

Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Hypothetical Performance Disclosure: 

Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight.

In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.

You can read more here: Risk Disclosure

Affiliate Disclosure:

The external links on my site and in my video descriptions to trader evaluation companies and software companies are primarily affiliate links. I earn a commission from these companies on any sale made from people visiting these links. That said, I only recommend companies and software I personally use and actually do recommend. Believe me, I turn down a lot of companies who approach me. You can read my full Affiliate Disclosure here.

Additional Disclosure:

The content provided is for informational purposes only. I do my best to keep the content current and accurate by updating it frequently. Sometimes the actual data, rules, requirements and other can differ from what’s stated on our website. CanadianFuturesTrader.ca is an independent website. You should always consult the rules, faqs, knowledge base and support of any of the websites and companies we link to or talk about on our site. The information on their site will always be what ultimately dictates the current rules of their program, software or other. While we are independent, we may be compensated for advertisements, sponsored products, or when you click on a link on our website. The contributors and authors are not registered or certified financial advisors. You should consult a financial professional before making any financial decisions.