Topstep has operated since 2010, holds a 3.6/5 Trustpilot rating. We track its rules, payouts and Trustpilot trend continuously and flag any firm that stops paying traders.

How much does a Topstep challenge cost?

Challenges start around $85 for the smallest account size. See the pricing table above for every size and step count.

What profit split does Topstep offer?

Topstep pays funded traders up to 90% of profits.

How fast does Topstep pay out?

Topstep pays Express Funded Standard: after every 5 winning days of $150 or more. Express Funded Consistency: after as few as 3 trading days if the 40% consistency target is met..

Does Topstep have a promo code?

Yes — code PFSQUAD gives 10% off. See the promo page for terms and expiry.

What is the maximum funding at Topstep?

Topstep advertises up to $150,000 in trading capital through account scaling.

Topstep Review 2026: Rules, Payouts & Real Trader Data

PropFirmSquad

Topstep Review 2026: Rules, Payouts & Real Trader Data | PropFirmSquad

Pricing

Topstep challenge pricing

Every account size and step count Topstep sells, with targets and drawdown limits in one table.

Topstep challenge pricing by account size
Program	Account size	Price	Profit target(s)	Max daily loss	Max drawdown	Drawdown type	Split	Refundable
Trading Combine 50KCheapest	$50,000	$85^†	$3,000	$1,000	$2,000	Trailing (end of day)	90%	No
Trading Combine 100K	$100,000	$129^‡	$6,000	$2,000	$3,000	Trailing (end of day)	90%	No
Trading Combine 150K	$150,000	$199^§	$9,000	$3,000	$4,500	Trailing (end of day)	90%	No

Read the fine print

†List $85/month; $49/month advertised at time of check. Recurring monthly subscription until passed. Reset fee $85 list / $49 promo. Express Funded activation fee $149 on passing.
‡List $129/month; $99/month advertised at time of check. Reset fee $129 list / $99 promo. Express Funded activation fee $149 on passing.
§$199/month at time of check. Reset fee $199. Express Funded activation fee $149 on passing.

Rules

Topstep rules, explained

The rules that actually get traders breached: what they are and how this firm sets them.

Topstep trading rules summary
Rule	Topstep	Why it matters
Drawdown type	Trailing (end of day)	Trailing drawdown follows your equity peak and is the #1 cause of surprise breaches; static drawdown is fixed from starting balance and far more forgiving.
Consistency rule	50% cap per day	Caps how much of your total profit can come from a single day. A strict cap can delay or void payouts for traders with a few big wins.
News trading	Allowed	Some firms void trades placed around high-impact news releases, which is critical if you trade NFP, CPI, or rate decisions.
Expert advisors (EAs)	Allowed	Determines whether automated strategies and copiers are permitted, and whether an EA can get your account flagged.
Minimum trading days	2 days	The floor on how fast you can pass a phase, which matters if you trade infrequently or want to pass quickly.
Weekend / overnight holding	Not allowed	Swing traders need positions to survive the Friday close. Where holding is barred, open trades are closed for you and gaps cannot be traded.
Copy trading	Not allowed	Decides whether you can mirror one strategy across several accounts. Most firms that allow it restrict it to accounts you own yourself.
High-frequency trading	Not allowed	Firms police latency arbitrage and tick scalping hard, and an HFT breach is one of the most common reasons a passed account is voided.

We track every rule change Topstep makes and log it here with dates and sources. No changes recorded yet.

Trust & Company

Is Topstep legit? Trust & company facts

Who runs Topstep, how long they have operated, and what independent review platforms say. Check availability for your country below.

Topstep company facts
Established	Jan 1, 2010
Headquarters	United States
Founder and CEO	Michael Patak
Ways to pay	Credit / debit card
Registered entity	Topstep LLC
Trustpilot score	3.6/5
Squad score	Not scored yet
Max allocation	$150K
Status	Listed
Data last verified	Aug 29, 2026

Official website Trustpilot profile

Can you trade with Topstep from your country?

This checker needs JavaScript. Restricted countries on record: none yet. Always verify eligibility with Topstep before purchasing.

Alternatives

Alternatives to Topstep

Top-rated firms traders compare against this one.

Topstep compared with its top alternatives
Metric	Topstep	The5ers	FTMO
Squad score	—	4.3/5	4.2/5
Trustpilot	3.6/5	4.7/5	4.8/5
Max funding	$150K	$4M	$200K
Profit split	90%	80%	80%
Cheapest challenge	$85	$19	€79

Compare all firms in the directory →

Topstep Review 2026

Our verdict on Topstep

Topstep pros & cons

What traders like

What to watch

Topstep challenge pricing

Topstep rules, explained

Topstep payout data

Is Topstep legit? Trust & company facts

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Topstep: frequently asked questions

Is Topstep legit?