Best Prop Firm Trading Opportunities for Aspiring Traders in 2025 PIPPO
Best Prop Firm Trading Opportunities for Aspiring Traders in 2025 PIPPO
4.5
by Fabian Shaw, Day Trader &
Accountability Coach @ Tradacc
Topstep stands out for its structured evaluation process and commitment to trader development. The firm's clear trading rules, combined with a supportive environment, make it an excellent choice for aspiring futures traders. However, the strict consistency rule may pose a challenge for some trading styles.
8/10
Topstep offers a simulated trading environment with real-time market data, providing traders with a realistic experience. The firm supports various trading platforms and enforces clear trading rules to ensure disciplined trading practices.
8/10
Topstep's pricing structure is competitive, offering various account sizes to suit different trader needs. The combination of educational resources, a structured evaluation process, and the opportunity to trade firm capital provides substantial value for the monthly fee.
8/10
Payouts are processed daily, with traders typically receiving funds within 5-7 business days for domestic transfers and up to 10 business days for international transfers.
9/10
Topstep has a solid reputation in the prop trading industry, with numerous positive reviews highlighting its transparency and reliable payout process. The firm's long-standing presence since 2012 adds to its credibility.
9/10
Topstep offers responsive customer support through multiple channels, including live chat, email, and a comprehensive Help Center. Traders report prompt and helpful responses to their inquiries.
Learn more about Topstep
Profit targets vary by account size: $3,000 for a $50,000 account, $6,000 for a $100,000 account, and $9,000 for a $150,000 account.
There is no minimum number of days required to pass the evaluation; however, traders must meet the consistency rule, which may necessitate trading over multiple days.
There is no specific profit goal required to request a payout; however, traders must meet the criteria of five qualifying winning days.
To request a payout, traders must achieve five non-consecutive winning trading days, each with a net profit of $200 or more. The minimum payout request is $125.
Example:
For example, a trader with a $100,000 account must achieve five non-consecutive days with at least $200 net profit each to be eligible for a payout. If these conditions are met, the trader can request a payout of up to 50% of their account balance, not exceeding $5,000 per request.
Traders receive 100% of the profits up to the first $10,000. After reaching this threshold, the profit split adjusts to 90% for the trader and 10% for Topstep.
Consistency Rule: Traders must ensure that no single day's profit exceeds 50% of the total profit target to demonstrate consistent trading performance.
Scaling: Traders are allowed to trade up to the maximum position size allocated to their account, with no mandatory scaling plan.
Max Risk: Traders should adhere to a maximum risk of 2% per trade to manage potential losses effectively.
Max Drawdown: The maximum trailing drawdown is set at 4% of the account balance, requiring traders to maintain disciplined risk management.
News Trading: News trading is permitted; however, traders must avoid holding positions in both directions during major news events to prevent hedging.
Daily Drawdown: A daily loss limit of 2% is enforced to protect traders from significant single-day losses.
Supported trading platforms include TopstepX, NinjaTrader, Quantower, TradingView, Tradovate, Sierra Chart, T4, ATAS, and Jigsaw.
Traders begin by selecting a Trading Combine account size and paying the monthly fee. They must then meet the profit target and adhere to the trading rules, including the consistency rule. Upon successful completion, traders are awarded an Express Funded Account, with the opportunity to progress to a Live Funded Account based on performance.
Monthly evaluation fees are $49 for a $50,000 account, $99 for a $100,000 account, and $149 for a $150,000 account. A one-time activation fee of $149 is charged upon passing the evaluation. Account resets cost $49, $99, or $149, corresponding to the account size.
The $100,000 account is recommended for its balance between achievable profit targets and manageable drawdown limits, making it suitable for a wide range of trading strategies.
Currently, Topstep offers a 20% discount on the first month of the Trading Combine for new traders. This promotion is available by using the promo code 'SAVE20' during the signup process. This offer applies to all account sizes and provides an opportunity for traders to start their evaluation at a reduced cost.
Commission fees at Topstep vary depending on the trading platform and the specific futures product. For example, on the TopstepX platform, the round-turn commission for the E-mini S&P 500 (ES) is $2.80, while the Micro E-mini S&P 500 (MES) is $0.74. Crude Oil (CL) has a fee of $3.04, and Gold (GC) is $3.10 per round turn. These fees encompass exchange, clearing, and NFA charges and are automatically deducted from the trader's account balance. It's important to note that fees may differ across platforms like Tradovate, Rithmic, and others. Traders should consult the specific fee schedules for their chosen platform.
Topstep offers funded traders access to a diverse range of futures contracts across major asset classes. These include equity indices such as the E-mini S&P 500 (ES), E-mini NASDAQ 100 (NQ), and their micro counterparts (MES, MNQ); commodities like Crude Oil (CL), Gold (GC), and Natural Gas (NG); metals including Platinum (PL) and Silver (SI); and agricultural products such as Corn (ZC) and Soybeans (ZS). Additionally, traders can engage in currency futures like Euro FX (6E) and Japanese Yen (6J), as well as cryptocurrency futures like Micro Bitcoin (MBT) and Micro Ether (MET). All trading is conducted through CME Group exchanges, including CME, CBOT, NYMEX, and COMEX. Topstep does not support trading in stocks, options, spot forex, or CFDs.
4.5Topstep's legitimacy is reinforced by its transparent operations and consistent payout history. Trustpilot reviews and trader testimonials frequently commend the firm for its professionalism and reliability in providing funded accounts.
Topstep provides a wealth of educational resources, including the 'Futures Trading 101' course, TopstepTV, and free group coaching sessions. These resources are designed to help traders develop effective trading strategies and improve their performance in the simulated trading environment.
Learn from the Funding Accelerator to discover the key to trading success.Topstep is a proprietary trading firm specialising in futures trading. It offers traders the opportunity to trade various futures contracts, including equity indices, commodities, metals, and currencies, using the firm's capital. Supported trading platforms include TopstepX, NinjaTrader, Tradovate, TradingView, Quantower, Sierra Chart, and T4. These platforms are compatible with Windows and macOS operating systems. Additionally, TradingView offers a mobile application, allowing traders to monitor and manage their trades on the go.
Topstep welcomes traders from most countries worldwide. However, due to regulatory restrictions and compliance with international sanctions, individuals residing in or holding citizenship from certain countries are ineligible to participate. Notable restricted countries include Afghanistan, Iran, North Korea, Syria, and Venezuela, among others. A comprehensive list of restricted countries can be found on Topstep's Eligibility FAQ page: https://help.topstep.com/en/articles/8284116-eligibility-frequently-asked-questions-who-is-eligible-to-participate
No, traders are not responsible for losses incurred in their funded accounts. Topstep's model requires traders to pay for the evaluation process, known as the Trading Combine, and a one-time activation fee upon passing. If a trader violates the Maximum Loss Limit in an Express Funded or Live Funded Account, the account is closed, but the trader does not owe any additional money beyond the initial fees paid.
Yes, traders can be banned from Topstep for engaging in prohibited conduct. This includes activities such as exploiting the simulated trading environment, collusion with other traders, or any actions deemed to undermine the integrity of the program. Topstep reviews such cases individually, and consequences may range from warnings to permanent bans. Detailed information on prohibited conduct is available here: https://help.topstep.com/en/articles/10296582-prohibited-conduct
Proprietary trading firms, or prop firms, provide traders with access to the firm's capital to trade financial instruments. In return, traders share a portion of the profits with the firm. Prop firms typically evaluate traders through simulated trading environments or challenges to assess their trading skills and risk management before granting access to live capital.
Yes, Topstep is a reputable prop trading firm with a track record of funding traders since its establishment in 2012. The firm has a transparent evaluation process and a history of timely payouts. Numerous trader testimonials and reviews attest to Topstep's reliability and effectiveness in providing trading opportunities.
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