- Who is TopstepFX?
- How TopstepFX’s service works?
- Available Financial Products of each Exchange
Who is TopstepFX?
TopstepFX (or Topsteptrader) is a online financial company which offers “Funded Trading Account” for professional traders to share the generated profits.
The company was established in 2012 in Chicago.
Currently provides the service to traders from over 160 countries.
TopstepFX was created by traders, for traders.
TopstepFX basically gives free funds to professional traders who trade in the funded account, then the profits will be shared with both parties.
TopstepFX has recorded 1,020 funded accounts only in 2018, and there are about 90 average funded traders per month.
How TopstepFX’s service works?
TopstepFX doesn’t just accept all traders, but you must go through strict evaluation process to join the community.
For each new trader, TopstepFX has two-step evaluation which duration is 15 days.
The two-step evaluation includes “Prove Profitability” and “Manage Risk”.
Follow the steps below to join TopstepFX.
1. Prove to TopstepFX that you can earn profit
First, you must demonstrate that you have a winning strategy for the futures market.
You can only trade futures market on TopstepFX’s platforms. The available products for trading can be found in the last section.
Using TopstepFX’s Trading Combine®, you must make profits and control against a large draw-down in the virtual account with sizes from $30,000 to $150,000.
2. Show you can manage risk
As a professional trader, you must also demonstrate that you have established consistency with your trading style to prove TopstepFX’s capital is safe in your hands.
To demonstrate this, you must show TopstepFX the consistency of profitability and how you manage risks.
3. Earn a funded futures trading account
If you are accepted by TopstepFX, then you will get the funded account finally.
There are mainly 4 plans with difference account size provided by TopstepFX as follows:
|Maximum Position Size||3 Contracts||5 Contracts||10 Contracts||15 Contracts|
|Daily Loss Limit||$500||$1,000||$2,000||$3,000|
And there are more than 10 trading platforms which you can choose from.
The available trading platforms are TSTrader, Ninja Trader, TradeStation, MultiCharts, Volfix Net, Motive Wave, Trade Navigator, Investor RT, Sierra Chart, daytradr, R Trader Pro, CTS, Bookmap X-Ray and Order Flow Trading platforms.
Each platform has different tools, fees, commissions and other features.
4. Keep 80% profit and Withdraw at anytime
TopstepFX sure is very generous.
After trading in the “Funded Account” of TopstepFX, you can keep the first $5,000 in profits and then 80% after that.
You can withdraw the profits allocated to you, at any time with no limit.
TopstepFX also waves the fee of bank wire transfer for withdrawal of over $500.
Available Financial Products of each Exchange
On TopstepFX’s trading platforms, the following Symbols of Futures market are available for trading.
E-mini Russell 2000 (RTY), E-mini S&P 500 (ES), Nikkei NKD (NKD), E-mini NASDAQ 100 (NQ), Australian $ (6A), British Pound (6B), Canadian $ (6C), Euro FX (6E), Japanese Yen (6J), Swiss Franc (6S), E-mini Euro FX (E7), Lean Hogs (HE), Live Cattle (LE) and Eurodollar (GE)
Crude Oil (CL), E-mini Crude Oil (QM), Natural Gas (NG) and E-mini Natural Gas (QG)
Gold (GC), Silver (SI) and Copper (HG)
Corn (ZC), Wheat (ZW), Soybeans (ZS), Soybean Meal (ZM), Soybean Oil (ZL), Mini-DOW (YM), 2-Year Note (ZT), 5-Year Note (ZF), 10-Year Note (ZN), 30-Year Bond (ZB, Ultra-Bond (UB) and Ultra-Note (TN)
Do you have any questions about TopstepFX’s service?
Join the weekly group performance coaching session every Wednesday at 1 PM CT.
TopstepFX provides opportunity for professional traders to earn in the funded futures account of TopstepFX.
|Rating Traders Rating|
|Regulations Regulations & Licenses|
|Founded Founded in||2012 (7 years)|
|USA clients||Not Accepted|
|Country Base||United States|
|Headquaters||130 South Jefferson Suite 200Chicago, Illinois 60661|
|Cryptos Available Crypto-Currencies||N/A|
|Deposits Deposit Methods||N/A|
|Withdrawals Withdrawal Methods||N/A|