Topstep is a Chicago-based futures prop trading firm founded in 2012 and one of the longest-running evaluation-based funding programs. Traders pass a monthly subscription "Trading Combine" evaluation to earn an Express Funded Account (XFA), with a path to a Live Funded Account. As of 2026 it offers three account sizes (50K/100K/150K) in Standard and No-Activation-Fee variants.
- Cheapest plan
- $49/mo
- Payouts
- On demand
- Drawdown types
- EOD
- Activation fee
- $0–$149
- Profit split
- 90%
Rules that can fail you
- EOD trailing drawdown
- The loss floor moves up with your end-of-day balance high — never intraday. A green day that retraces before the close cannot fail you.
- floor tracks max drawdown of $2,000 / $3,000 / $4,500
- 50% consistency rule
- No single day may exceed 50% of total profit when you request a payout. Plan your sizing so one big day doesn't trap the account.
- Minimum trading days
- 2 trading days required before payout eligibility.
Rules in your favor
- No activation fee on 3 plans
- Funding starts without a second purchase after passing.
- 90% profit split
- Flat 90/10 from first dollar for sign-ups on/after 2026-01-12; earlier traders grandfathered at 100% of first $10,000 lifetime, then 90/10
Rule details
50K Trading Combine (Standard)
MLL trails end-of-day balance and locks at starting balance; monitored in real time on net P&L. Hitting Daily Loss Limit pauses the day but is not a violation. XFA payout requires 5 winning days of $150+ net P&L; per-request cap ~$2,000 standard path ($4,000 with optional DLL) for accounts created on/after 2026-04-28.
50K Trading Combine (No Activation Fee)
Identical trading rules to Standard path; higher subscription in exchange for $0 XFA activation.
100K Trading Combine (Standard)
XFA payout cap ~$3,000 standard path ($6,000 with optional DLL) per request for accounts created on/after 2026-04-28.
100K Trading Combine (No Activation Fee)
Identical trading rules to Standard path; higher subscription in exchange for $0 XFA activation.
150K Trading Combine (Standard)
XFA payout cap ~$5,000 standard path ($10,000 with optional DLL) per request for accounts created on/after 2026-04-28.
150K Trading Combine (No Activation Fee)
Identical trading rules to Standard path; higher subscription in exchange for $0 XFA activation.
Topstep FAQ
- How fast are payouts at Topstep?
- Topstep offers on demand payouts. The minimum payout is $125.
- What drawdown type does Topstep use?
- Topstep plans use eod trailing drawdown.
- How much does Topstep cost?
- The cheapest Topstep plan is the 50K Trading Combine (Standard) at $49.0 per month.
- Does Topstep have a consistency rule?
- Yes. Topstep applies a 50% consistency rule depending on the plan.
Data last verified 2026-07-02. Rules change — confirm on Topstep's site before purchasing.