Core metrics
From $49 + $149 activation · $50K–$150K accounts
Trailing EOD
Executive Summary
Running since 2012 in the US, Topstep is a futures-only prop firm with $50K, $100K, and $150K accounts across Standard Path and No Activation Fee tiers. Every tier sets a 6% profit target, a 3% to 4% Trailing EOD maximum drawdown, and a 90% profit split. It suits futures traders who want end-of-day trailing loss limits and a choice of activation structure.
Trustpilot
TopStep is rated 3.7 out of 5 from 14,930 reviews on Trustpilot, checked 12 October 2026.
View the profile on TrustpilotFutures-only accounts and activation choices
Accounts come in $50K, $100K, and $150K sizes across two purchase tracks: Standard Path and No Activation Fee. Forex, stocks, options, spot crypto, and CFDs are not part of the program. Both paths share a 6% profit target and a 90% profit split, while the No Activation Fee option removes the post-funding activation charge that applies on the Standard Path.
End-of-day trailing drawdown and daily limits
Maximum drawdown runs from 3% to 4% on both Standard Path and No Activation Fee accounts and uses a Trailing EOD calculation. Under Trailing EOD, the loss floor moves up at the close of the session rather than during open intraday swings. The price table lists a daily loss limit of 2% of the account on the standard option, and the Responsible Trading Advantage setting exposes tier-specific Daily Loss Limits along with higher limited-time payout caps.
Payout paths and unstated terms
Funded traders keep a 90% profit split, though payout caps and consistency paths vary by account and rule path. Neither the minimum trading days nor the payout frequency schedule is published in the main tables on the page. Because pricing and daily loss rules shift with both your plan choice and the Responsible Trading Advantage state, review which path is active before starting an evaluation.
Risk Analysis
A 3% to 4% Trailing EOD maximum drawdown and a 2% daily loss limit on the standard option leave a narrow buffer against a 6% profit target, especially on $100K and $150K accounts where the cap is 3%. Payout caps, consistency paths, and Daily Loss Limits change with your account and Responsible Trading Advantage state. Minimum trading days and payout frequency are not published, so confirm both before paying.
Challenge Tiers
6 tiers| Account | Price | Target | Max Drawdown | Daily Loss | Reset Fee | Split | Activation |
|---|---|---|---|---|---|---|---|
$50K | $49per month+ $149 activation | $3,000 | $2,000 | $1,000 | $49 | 90% | Required |
$100K | $99per month+ $149 activation | $6,000 | $3,000 | $2,000 | $99 | 90% | Required |
$150K | $199per month+ $149 activation | $9,000 | $4,500 | $3,000 | $199 | 90% | Required |
Pricing data sourced from the official topstep website. Always verify current prices before purchase.
Drawdown & Risk
- No Activation Fee3–4%Trailing EOD
- Standard Path3–4%Trailing EOD
Hidden Fees
These fees may not be prominently advertised. Always verify the current fee structure directly with the firm before funding.
Payout Rules
PropMason Score
Trust Score: 5.8/10 no red flags
Trust is 12% of the Overall score. The Trust Score shown here is its reputation part alone (7%); company standing and track record make up the rest.
Partly verified
We've confirmed only part of this firm's published terms. Each term we could not confirm scores a fixed low value, so read the score as incomplete, not as a verdict on the firm.
Score by dimension
Scores by dimension appear after this firm's next scoring run.
Scores summarize current firm plans. Some values vary by plan, and estimated values should be checked on the firm site before you commit.
Rule Change History
TopStep changed drawdown type on 3 accounts from End of day to Trailing EOD
Frequently Asked Questions
Is TopStep a legitimate prop firm?
TopStep is a proprietary trading firm that provides funded accounts to traders who pass its evaluation challenge. PropMason tracks rule changes and community feedback to support due diligence. Always verify terms before funding an account.
What is the profit split at TopStep?
TopStep offers up to 90% profit split to funded traders. Check the firm's current pricing page for the latest terms, as these figures can change.
How does the drawdown rule work at TopStep?
TopStep uses an end-of-day drawdown - calculated from the closing balance. Your account may be closed if losses exceed 3–4% of the applicable balance. Verify the current rule before relying on it.
How much does an evaluation cost at TopStep?
An evaluation challenge at TopStep starts from $49. Prices vary by account size. Check the refund terms on the official TopStep website before buying.
Answers summarize the terms PropMason has read on TopStep's own pages, each dated the day it was read. Always confirm current terms directly with TopStep.
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Guides and comparisons
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