# Topstep

## <https://www.topstep.com/how-it-works/>

### **Overview**

[Topstep](https://www.topstep.com/) is a leading proprietary trading firm specializing in futures trading. They offer traders the opportunity to earn funding by demonstrating their trading skills in a simulated environment called the **Trading Combine®**. Topstep's mission is to empower traders to professionalize their passion by providing a safe environment to learn and develop.

### **Key Features**

* **The Trading Combine®:**
  * A two-step evaluation program where traders can showcase their trading abilities.
  * Realistic simulation of futures trading under actual market conditions.
* **Funding Opportunities:**
  * Traders who meet the objectives receive access to a **Funded Account®**.
  * Ability to earn and take payouts from multiple funded accounts.
* **Simple Rule Structure:**
  * **One Rule:** Adhere to the **Maximum Loss Limit** to avoid rule violations.
  * **Trading Objectives:** Non-rule violating guidelines that encourage discipline, including profit targets and consistency targets.
* **Flexible Trading Environment:**
  * Access to trade top futures products across various markets.
  * Use of preferred trading platforms, including Topstep's proprietary **TopstepX™** platform.
* **Educational Resources:**
  * Free coaching, educational content, and a supportive trading community.
* **Responsive Support:**
  * Dedicated customer support available to assist traders with any inquiries.

### **Account Options**

#### **Trading Combine® Account Sizes**

Topstep offers various account sizes to cater to different trader needs:

* **$50,000 Account:**
  * Profit Target: $3,000
  * Maximum Position Size: 5 contracts
  * Daily Loss Limit: $1,000
  * Maximum Loss Limit: $2,000
* **$100,000 Account:**
  * Profit Target: $6,000
  * Maximum Position Size: 10 contracts
  * Daily Loss Limit: $2,000
  * Maximum Loss Limit: $3,000
* **$150,000 Account:**
  * Profit Target: $9,000
  * Maximum Position Size: 15 contracts
  * Daily Loss Limit: $3,000
  * Maximum Loss Limit: $4,500

**Note:** Prices for the Trading Combine® vary based on the chosen account size and are subject to change. It's recommended to check the Topstep website for the most current pricing.

### **Unique Benefits**

* **One Rule Focus:**
  * **Maximum Loss Limit:** Traders must not exceed the set loss limit, encouraging strong risk management practices.
* **Realistic Trading Experience:**
  * The Trading Combine® simulates live market conditions, preparing traders for actual trading environments.
* **TopstepX™ Trading Platform:**
  * A proprietary platform built for the unique needs of prop firm traders.
  * Features include:
    * Integrated charts.
    * The Tilt Indicator to monitor emotional trading.
    * Built-in trade copier.
    * Commission-free trading.
    * Dedicated data feed.
* **Multiple Platform Support:**
  * Compatibility with popular trading platforms such as NinjaTrader, Sierra Chart, and more.
* **Fast Payout Processing:**
  * Payout requests are processed daily, allowing traders quick access to their earnings.
* **Community and Resources:**
  * Access to TopstepTV, free coaching sessions, and a comprehensive help center.
  * Engagement with a community of traders for shared learning and support.

### **Who Is It Best Suited For?**

* **Aspiring Futures Traders:**
  * Individuals seeking to enter the futures market without risking personal capital.
* **Traders Focused on Risk Management:**
  * Those who value strict adherence to risk limits and wish to develop disciplined trading habits.
* **Traders Looking for Educational Support:**
  * Access to coaching and educational resources makes it ideal for those wanting to improve their skills.
* **Flexible Platform Users:**
  * Traders who prefer to use their own trading platforms or explore Topstep's proprietary platform.
* **Goal-Oriented Traders:**
  * Individuals motivated to achieve specific trading objectives and progress to funded status.

### **How It Works**

1. **Start the Trading Combine®:**
   * Select an account size that fits your trading style and financial goals.
   * Enroll in the Trading Combine® to begin the evaluation process.
2. **Follow the Trading Plan:**
   * **One Rule to Follow:** Do not exceed the **Maximum Loss Limit**.
   * **Trading Objectives:** Aim to meet profit targets and consistency goals without violating any rules.
3. **Trade in Simulated Markets:**
   * Use real-time market data to trade futures contracts in a simulated environment.
   * Access popular futures products, including E-mini S\&P 500, Crude Oil, Gold, and more.
4. **Earn a Funded Account®:**
   * Successfully complete the Trading Combine® by meeting all objectives.
   * Receive a funded trading account to trade with the firm's capital.
5. **Trade and Earn Profits:**
   * Trade in the live market with the Funded Account®.
   * Keep earnings according to the firm's payout policies.
6. **Payouts and Growth:**
   * Request payouts after meeting the required number of winning days.
   * Opportunity to manage multiple funded accounts and scale your trading business.

### **Trading Platforms Supported**

* **TopstepX™:**
  * Exclusive trading platform designed for Topstep traders.
  * Integrated features tailored for prop trading needs.
* **Other Supported Platforms:**
  * **NinjaTrader**
  * **Sierra Chart**
  * **Bookmap**
  * **TradingView**
  * **And more**

**Note:** Traders can choose from a variety of platforms that best suit their trading style. If a preferred platform isn't listed, traders are encouraged to contact Topstep for assistance.

### **Conclusion**

Topstep offers a comprehensive pathway for traders to develop their skills and access funding for futures trading. With a focus on risk management and discipline, their Trading Combine® provides a realistic trading environment that prepares traders for the challenges of live markets. The combination of educational resources, community support, and flexible platform options makes Topstep an attractive choice for traders at various experience levels.

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**Next Steps:**

* **Visit Their Website:** Explore more about the Trading Combine® and account options at [www.topstep.com](https://www.topstep.com/).
* **Start the Evaluation:** Begin your journey to becoming a funded trader by enrolling in the Trading Combine®.
* **Utilize Resources:** Take advantage of Topstep's educational materials, coaching, and community to enhance your trading skills.

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**Disclaimer:** Trading futures involves significant risk of loss and is not suitable for all investors. Past performance is not indicative of future results. This summary is for informational purposes only and does not constitute financial advice. Always read and understand the firm's terms and conditions before participating.
