Topstep
True cost to first payout
Normalised to a $50K account. Billed monthly — the total grows with every month you take to pass.
$198to reach a funded account, if you pass in month one
- Entry fee
- First payment to start the evaluation
- Monthly fee
- Recurring while the evaluation is open
- Activation fee
- Charged once, on passing, to open the funded account
- Reset fee
- Cost to retry a failed evaluation
Two paths, chosen at purchase and not changeable afterwards. Standard Path is $49/mo plus a $149 activation fee charged once per Express Funded Account earned. The No Activation Fee Path is $95/mo with no fee on passing. Figures above quote the Standard Path.
The PFM Score, broken down
Three weighted pillars, computed from this firm's official-site facts. No firm can buy a better rank — ever.
Trader reports
We report what we can source and link. We don't rate firms by sentiment.
When we publish trader experience it will be as sourced reports you can open and check — never star ratings, and never a "verified review" badge. We could confirm a payout receipt is real; we could not show you that receipt, or prove the people who sent one are representative. The PFM Score above stays computed only from objective facts on Topstep's official site — here's why.
Latest on Topstep
Sourced updates, newest first. All news →
Topstep: 90% split on its own TopstepX platform
Topstep offers a 90% profit split with an end-of-day $2K drawdown and ~2-day payouts, on its proprietary TopstepX plus NinjaTrader, Tradovate and TradingView, from $49. Verified on its official site.
Topstep enables instant payouts with Aeropay
Topstep added Aeropay as a payout method, letting funded traders receive payouts to a US bank account near-instantly — a notable speed-up to its payout policy.
Topstep adds 12 new products, including Bitcoin, Gold and Micro Crude Oil
Funded Topstep traders can now trade 12 additional futures products, including Bitcoin, Gold and Micro Crude Oil, widening diversification beyond the equity indices.