Topstep Funded Account: Customer Service, Rules & Account Types Explained

What Account Options Are Available for Topstep?

Topstep offers a range of account sizes designed for aspiring futures traders. Upon successfully passing their Trading Combine, traders can receive funding to trade using Topstep's capital. There are three account sizes available: $50,000, $100,000, and $150,000, each with specific monthly fees, profit targets, and drawdown limits. Traders can lock in their fees at these rates throughout their Trading Combine evaluation process until they achieve funding. Once funding is awarded, traders will only need to pay a one-time activation fee.

Does Topstep Provide a Demo Account or Leverage Options?

While Topstep primarily offers funded futures trading accounts, they do not provide demo accounts for their Trading Combine evaluation. However, they emphasize the use of Foreign Exchange Futures for traders with a Forex background. The leverage for each account size varies, with the maximum number of contracts allowed also differing by the account tier. Here's an overview:

What Are the Fees and Activation Costs for Topstep Funded Accounts?

Once you have successfully passed the Trading Combine, you will be required to pay a one-time activation fee of $149. This fee is the same for all account sizes and must be paid before you receive your funded account. There are no ongoing fees after activation—only the payouts from trading profits. This structure allows traders to focus on their trading performance without additional fees after earning funding.

Frequently Asked Questions (FAQs) about Topstep Funded Accounts

Q: What is the minimum amount required to start with a Topstep Funded Account?

A: The minimum required to begin with Topstep is the Trading Combine fee, which starts at $49 for a $50,000 account.

Q: Are there any additional fees once I receive funding?

A: No, once you pay the one-time activation fee of $149, there are no further fees associated with your funded account.

Q: Can I trade Forex with a Topstep Funded Account?

A: No, Topstep is focused solely on futures trading, but they recommend Foreign Exchange Futures for traders with a Forex background.

Q: Is there any leverage provided with the funded accounts?

A: Yes, the leverage varies based on your account size. The maximum contracts allowed are 5 for the $50,000 account, 10 for the $100,000 account, and 15 for the $150,000 account.

Q: How do I contact Topstep customer service?

A: You can contact Topstep customer service through chat support (available Monday to Friday, 7:00 AM to 8:00 PM CT) or by calling 1-888-407-1611 (Monday to Friday, 8:00 AM to 3:30 PM CT).