Are you interested in enhancing your trading skills and taking control of your financial future? If so, TopstepTrader is a platform you’ll want to check out.
Although TopstepTrader doesn’t typically offer coupons, you can save 20% off your subscription using our referral link. This post provides an in-depth look at what this unique trading platform offers.
TopstepTrader’s platform allows developing traders to learn from the best. You’ll get access to a robust education portal with video lessons and live webinars. Seasoned mentors guide you to help you build solid trading habits and advance your skills.
Once you’ve proven yourself on the simulator, you can apply to trade live funds. If accepted, you’ll get a percentage of the profits. This allows new traders to gain real-world experience without risking their capital.
Interested in learning more? We have a comprehensive review of TopstepTrader so you can fully understand how their platform works. Enhance your trading today and start profiting from the markets!
What is TopStepTrader?
TopStepTrader is an online futures trading platform where you can compete to become a funded trader. The concept is simple: create an account, pass the Trading Combine – a simulated trading competition – and you’ll get to trade real money.
TopStepTrader was founded in 2012 to give aspiring traders a place to hone their skills. They’ve been ranked one of the fastest-growing companies in the US. The Trading Combine lets you experience futures trading with minimal risk.
You have to follow certain rules around trading days, loss limits, and more. You’ll earn access to trade with the firm’s funds if you meet all the requirements. The first $5,000 in profits is yours to keep. After that, you split profits 80/20. TopStepTrader handles the account management and compliance so you can focus on trading.
TopStepTrader Features
TopStepTrader offers an array of useful features for new and experienced traders alike.
- No-Fee Trading Platform: TSTrader, TopStep’s trading platform, is free and ideal for beginners. It supports over 14 platforms, so you can choose what works for you.
- Charts: Serious traders will want a third-party charting platform to maximize the value of their trades. Compared to TSTrader and the high-risk nature of trading, more robust tools are necessary.
- Education and Coaching: TopStep’s coaching for new and veteran traders helps increase profitability. Bi-weekly webinars improve skills without the pressure of one-on-one coaching.
- Group Coaching: The bi-weekly webinars are perfect for enhancing your trading skills in a collaborative environment. Pick up new strategies and tips from experienced traders.
- Performance Coaching Plan: Get rid of your bad trading habits quickly with the Performance Coaching Plan. Every month, you’ll receive a one-on-one session with your coach. They’ll evaluate your trading performance and help you set specific goals to improve.
- Digital Coaching: TopStepTrader has developed a digital coach called “Coach T,” specifically designed to help you work towards a Funded account.
- Community Help: TopStepTrader has a thriving community. Users may ask questions in the interactive chat room, where simulation users and funded traders frequent. Seasoned traders are often willing to provide thoughtful responses and advice.
TopStepTrader Pricing
TopStepTrader offers four membership plans for traders looking to simulate and eventually get funded. Their pricing is straightforward and pricy compared to Elite Trader and SurgeTrader, but it is worth it with options for every skill level and budget.
TopStepTrader has a free plan for 14 days, so you can test the waters. After that, it’s $49/month. This plan is best for beginners, with a $30K sim account and lenient loss limits.
The Standard, Advanced, and Pro Plans provide more buying power, tighter risk parameters, and higher targets to hit for funding consideration. Fees range from $99 to $299/month. Compare plans on the TopStepTrader website for the latest details on account sizes, loss limits, and other perks. The current breakdown is as follows:
$50k Buying Power
- $165 per month
- Profit Target: $3,000 (per step)
- 5 contract position max
- Daily loss limit of $1,000
- Trailing max drawdown of $2,000
$100k Buying Power
- $325 per month
- Profit Target: $6,000 (per step)
- 10 contract position max
- Daily loss limit of $2,000
- Trailing max drawdown of $3,000
$150k Buying Power
- $375 per month
- Profit Target: $9,000 (per step)
- 15 contract position max
- Daily loss limit of $3,000
- Trailing max drawdown of $4,500
Is TopStepTrader Worth Looking Into?
Before diving in, consider if you have the time and dedication needed to become a funded trader. The Trading Combine usually takes a few months to complete and requires a major time commitment to be successful. Monthly subscription fees, especially if resets are needed, can also become costly.
However, for aspiring day traders looking to accelerate their learning, TopStepTrader provides an unparalleled opportunity. If you utilize our exclusive 20% discount link and pass the Combine on your first try, the savings and potential payouts could far outweigh the costs.
The bottom line is that TopStepTrader may or may not be right for you, depending on your current skills and how much you’re willing to invest to take your trading to the next level. But it could be a game-changer for those willing to put in the work. Why not give it a shot? You have nothing to lose and everything to gain; click here now.
