Topstep logo
Activefutures
4.8

Topstep Review 2026

Updated March 2026

The original pioneer of funded futures trading, providing unmatched regulatory transparency and a direct path to the CME markets for serious professionals.

Max Funding

$150K

Profit Split

Up to 90%

Challenge Price

From $49

Min Trading Days

0 Days

4.8/ 5.0

the bottom line.

The original pioneer of funded futures trading, providing unmatched regulatory transparency and a direct path to the CME markets for serious professionals.

Best For

Specialists in futures markets (ES, NQ, Gold) who value regulated exchange transparency and institutional risk standards.

Not Ideal For

Forex or Crypto traders, or those who find trailing drawdown models too psychologically demanding.

Challenge Price

From $49

Max Funding

$150K

Profit Split

Up to 90%

Daily Drawdown

4%

Max Drawdown

5%

Payout Frequency

1-2 business days

Platforms

NinjaTrader, TradingView, Quantower

EA AllowedYes
News TradingYes
US TradersYes

Overview

Topstep is the original, the pioneer, the firm that essentially invented the funded trader evaluation model in 2012. Based in Chicago — the heartland of futures trading — Topstep has over a decade of proven experience in identifying and funding talented traders who can manage real capital in the live futures markets. With a Trustpilot score of 4.3 stars and thousands of funded traders who have gone through their program, Topstep's track record is simply unrivaled in the futures prop trading space.

Unlike many newcomers who have entered the prop trading industry with innovative marketing and aggressive pricing, Topstep has earned its position through longevity, consistency, and a genuine commitment to developing traders. Their infrastructure, built around the Chicago futures trading ecosystem, provides access to some of the most liquid and transparent markets in the world: CME Group products including ES, NQ, CL, and GC. For traders for whom futures is the primary instrument of choice, Topstep remains the benchmark by which all other firms are measured.

Challenge Structure

Phase 1

Evaluation

10%Profit Target

Prove your trading skills by hitting the initial profit target while respecting drawdown limits.

Phase 2

Verification

5%Profit Target

A secondary test to confirm your consistency with a lower profit requirement.

Funded

Live Account

NoneProfit Target

Trade with firm capital and keep up to 90% of your generated profits.

Trading Rules & Parameters

Rule NameValueTrader Impact

Max Daily Drawdown

Maximum loss allowed in a single day.

4%
Standard

Max Total Drawdown

Maximum overall loss allowed on the account.

5%
Standard

Minimum Trading Days

Minimum active days required before passing.

0 days
Trader Friendly

News Trading

Trading during high-impact news events.

Allowed
Trader Friendly

Weekend Holding

Keeping trades open over the weekend.

Restricted
Restrictive

EA / Algorithmic Trading

Using automated trading robots or scripts.

Allowed
Trader Friendly

Payouts & Profit Split

The Split

90%for you
Trader (90%)
Firm (10%)

Payout Frequency

1-2 business days

Verified payout processing speed based on recent trader reports.

Withdrawal Methods

Crypto, Deel, Bank Wire

BTCUSDTBank Transfer

Pros & Cons

The Good

  • Pioneer in futures prop trading
  • Very affordable entry at $49
  • 90% profit split
  • Excellent educational resources
  • Strong community support

The Bad

  • Futures only — no forex/crypto
  • Lower max funding than competitors
  • Stricter scaling rules

Who Is Topstep Best For?

Scalper

Great Match

Fast execution and low minimum days suit high-frequency trading.

Swing Trader

Not Recommended

Cannot hold trades over the weekend.

EA/Algo Trader

Great Match

Full support for automated trading systems and bots.

News Trader

Great Match

No restrictions during high-impact macroeconomic events.

Frequently Asked Questions

See how Topstep stacks up against the competition.

Use our interactive comparison tool to put Topstep head-to-head with other top-rated proprietary trading firms. Find the perfect fit for your strategy.

The Final Verdict

4.2

Topstep remains a solid choice for serious traders. While the evaluation process can be demanding, the rewards such as a 90% profit split and reliable payouts make it clear why they maintain a 4.2 rating. If you are a disciplined trader seeking a secure firm, Topstep is an excellent destination.

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