Which trading platforms are available?

Supported platforms include NinjaTrader, Rithmic, Topstepx, TradingView.

What instruments can I trade?

Available instruments include Commodities, Crypto, Energies, Forex, Futures, Indices, Metals, giving Topstep traders a diverse range of markets.

Is the evaluation fee refundable?

No, the evaluation fee is non-refundable.

How many challenge options are available?

There are 6 challenge options across different account sizes and evaluation types. Visit Topstep's challenges page for full details.

What is the maximum funding available?

Maximum total allocation at Topstep is $150,000.

Are there country restrictions?

Yes, traders from 32 countries are restricted. Check the restricted countries section for the full list.

Is there an activation fee?

Yes, the activation fee is $149.00.

Topstep: The Ultimate Trading Experience

About Topstep

Topstep is a proprietary trading firm headquartered in Chicago, Illinois, founded in 2012 by Michael Patak. As a pioneer in the futures prop firm space, Topstep offers a structured evaluation program called the Trading Combine where traders prove their strategy in a simulated environment before…

Topstep is a proprietary trading firm based in Chicago, United States, founded in 2012. The firm offers funded trading evaluations with a maximum allocation of $150,000.

Tradeable Assets

Futures Indices Forex Metals Energies Commodities Crypto

Payout Overview

Refundable FeeNo

Payout FrequencyEvery 1 day

Min Payout$125

Activation Fee$149

Payment Methods

Credit/Debit Card

Payout Methods

Bank Wire Transfer Wise ACH

Commissions

Asset Class	Type	Rate	Details
Indices	Per Lot	4.28	$4.28 per contract round turn on Tradovate/TopstepX (ES/NQ/RTY/YM); micros $1.34 RT
Forex	Per Lot	4.72	$4.72 per contract round turn on Tradovate/TopstepX (6E/6B/6J/6A/6C/6S); micros $1.12-$2.20 RT
Metals	Per Lot	4.72	$4.72 per contract round turn on Tradovate/TopstepX (GC/SI/HG); micros $1.08-$2.64 RT
Energies	Per Lot	4.52	$4.52 per contract round turn on Tradovate/TopstepX (CL/RB/HO); NG $4.72 RT; micros $1.64 RT
Commodities	Per Lot	5.72	$5.72 per contract round turn on Tradovate/TopstepX (ZC/ZW/ZS/ZM/ZL/LE/HE)
Crypto

Firm Rules

Day trading only, all positions must be closed by 3:10 PM CT daily

No swing trading or overnight holds

No trading within 2% of price limits

No account stacking

No cross-account hedging

No HFT, spoofing, or market manipulation

No trading outside best bid/offer

Purposefully trading maximum position size into major news events is prohibited

Consistency Rules

Trading Combine: Best day must be below 50% of total profits (profit target)

Express Funded Account Consistency path: Largest single trading day must not exceed 40% of total net profit during the payout window.

Restricted Countries

Afghanistan

Angola

Burkina Faso

Burundi

Belarus

Congo (DRC)

Ivory Coast

Cuba

Algeria

HaitiIraq

Next: Challenges

How we verify this data: Information is collected primarily from the prop firm's official digital properties, including pricing pages, challenge specifications, FAQ content, checkout flows, policy documentation, and related support materials. Where appropriate, details are further validated against official social media channels and direct support communications. PF Matrix applies a structured verification process to improve data accuracy and consistency; however, firms may revise pricing, rules, promotions, or operational terms without prior notice. If you identify outdated or inaccurate information, please report it for validation and correction.