By techduffer.net 
Introduction
In the evolving world of prop trading, traders seek platforms that provide capital without the high risks of using their own money. TopstepX is one such platform that has gained popularity for offering traders an opportunity to prove their skills and get funded. But is TopstepX the right choice for you?
This comprehensive guide explores Top stepX’s features, benefits, funding process, rules, and how it compares to other leading prop firms. If you’re an aspiring or experienced trader, this article will help you decide whether TopstepX is worth your time and effort.
What is TopstepX?
TopstepX is an advanced trading evaluation program offered by Topstep, a well-established proprietary trading firm. It provides traders with a structured pathway to access funded trading accounts, allowing them to trade with Topstep’s capital rather than their own.
Unlike traditional brokerage accounts, where traders bear the full risk of losses, Top stepX eliminates financial risks by offering a simulated evaluation program. Traders who pass the program qualify for real capital allocation.
Key Features of TopstepX
- Simulated Trading Environment: Trade in a risk-free setting before qualifying for real capital.
- Flexible Trading Rules: Designed to encourage consistent and disciplined trading.
- Daily and Weekly Risk Limits: Ensures traders develop strong risk management skills.
- Payout Structure: Traders can withdraw profits once they meet the requirements.
- Support and Community: Access to professional coaching, educational resources, and a community of traders.
How TopstepX Works
1. Evaluation Process
To get funded through Top stepX, traders must pass a two-step evaluation:
Step 1: The Trading Combine
The Trading Combine is TopstepX’s initial challenge, where traders must demonstrate profitability, risk management, and consistency.
- Choose an account size (e.g., $50,000, $100,000, or $150,000).
- Meet the profit target within the set timeframe.
- Adhere to maximum drawdown and daily loss limits.
- Maintain consistent performance across multiple trading days.
Step 2: Funded Account Qualification
Once traders pass Step 1, they enter the Funded Account phase. Here, they continue trading under real market conditions while following Top stepX’s rules.
- Maintain responsible trading strategies.
- Avoid exceeding risk parameters.
- Withdraw profits once minimum requirements are met.
After successfully completing these steps, traders receive Topstep’s capital to trade live markets.
TopstepX Pricing and Account Options
| Account Size | Monthly Fee | Profit Target | Max Daily Loss | Max Trailing Drawdown |
| $50,000 | $165 | $3,000 | $1,000 | $2,000 |
| $100,000 | $325 | $6,000 | $2,000 | $3,000 |
| $150,000 | $375 | $9,000 | $3,000 | $4,500 |
Traders must maintain risk discipline to avoid hitting these limits, ensuring long-term sustainability in their trading careers.
Top stepX Payout Structure
One of the biggest advantages of TopstepX is its profit withdrawal system. Traders can withdraw their profits once they reach a minimum threshold of $100. There are no maximum payout limits, making it one of the most trader-friendly prop firms in the industry.
- First $5,000 in profits: 100% goes to the trader.
- After $5,000: Traders keep 90% of all profits.
This structure ensures that traders get to enjoy the rewards of their hard work while also sustaining their funded accounts.
Comparison: TopstepX vs. Competitors
1. TopstepX vs. Apex Trader Funding
| Feature | TopstepX | Apex Trader Funding |
| Monthly Cost | $165 – $375 | $147 – $297 |
| Evaluation Steps | 2 | 1 |
| Profit Split | 100% (first $5K), then 90% | 100% (first $25K), then 90% |
| Max Drawdown | Dynamic Trailing | Static |
| Platform Fees | Included | Extra Cost |
Apex has a simpler evaluation process, but Top stepX provides better risk management tools and educational resources.
2. TopstepX vs. FTMO
| Feature | TopstepX | FTMO |
| Funding Size | Up to $150,000 | Up to $400,000 |
| Evaluation Steps | 2 | 2 |
| Profit Split | 100% (first $5K), then 90% | 80% – 90% |
| Trading Rules | Strict but flexible | Stricter |
| Refund Policy | No refund policy | Refundable fees |
FTMO offers higher funding limits, but Top stepX is more beginner-friendly with lower evaluation fees.
Pros and Cons of Top stepX
Pros
✔ No Personal Capital Required: Trade risk-free with firm-funded accounts. ✔ Flexible Trading Rules: Encourages consistency and discipline. ✔ Strong Community & Coaching: Access professional guidance. ✔ Competitive Payouts: Keep 100% of your first $5,000 profits. ✔ Multiple Account Sizes: Choose funding that fits your trading style.
Cons
❌ Two-Step Evaluation Process: Takes longer than some competitors. ❌ Monthly Fees Apply: Can add up if you don’t pass the evaluation quickly. ❌ Trailing Drawdown: Requires careful risk management.
Is TopstepX Worth It?
If you are a disciplined and consistent trader looking for a trusted funded trading program, TopstepX is a strong choice. It offers competitive profit splits, comprehensive trading education, and risk-free funding opportunities.
However, traders who prefer a simpler evaluation process may find competitors like Apex Trader Funding or FTMO more suitable.
Conclusion
TopstepX provides an excellent opportunity for traders to access capital and trade professionally without financial risks. While it requires discipline, consistency, and adherence to trading rules, the potential rewards make it a top choice in the proprietary trading industry.
If you’re considering joining a prop firm, TopstepX is a great place to start. With competitive pricing, solid risk management, and a strong community, it remains one of the best prop firms in 2024.Ready to start your journey with TopstepX? Sign up today and take the first step toward professional trading!
Rana Irfan Rajput