Topstep

Topstep is a Chicago futures proprietary trading firm. Instead of depositing capital, you buy an evaluation called the Trading Combine, follow its risk rules, and if you pass you trade the firm's money and keep up to 90 per cent of the profit. The homepage, checked on 5 August 2026, claims 1.4 billion dollars paid out in total, more than 7,000 traders paid weekly, fifteen years in business and traders in over 140 countries.

The regulatory position is published and specific. Topstep Brokerage LLC, an affiliate of Topstep LLC, is registered with the Commodity Futures Trading Commission and belongs to the National Futures Association under NFA ID 0567079. The same disclosures state plainly that futures accounts carry no Securities Investor Protection Corporation cover and that the offering is not a deposit, is not insured and may lose value.

Now the figures that matter to anyone about to pay. The firm publishes trader performance statistics for January to December 2025. Of all Trading Combines started, 16.8 per cent were completed and earned the chance to advance. Of individual people who entered one or more Combines, 51.8 per cent reached the funded level in at least one of them. Of those at the funded level, 33.3 per cent received a payout. And 0.71 per cent of people trading an Express Funded Account were called up to a Live Funded Account.

Read those carefully, because the denominators differ. Per attempt, roughly one in six succeeds. Per person, about half get funded, which is higher only because people who fail buy another attempt. Multiply the last two and around 17 per cent of participants ended the year having taken money out; that multiplication is ours, not a figure the firm publishes.

On price, the total depends on the account size chosen and starts at 49 dollars, with full pricing shown before checkout. A failed attempt means buying another. Payout eligibility depends on account type and payout path and is requested from the dashboard. Treat the fee as the cost of a supervised, rule-bound simulator with a route to funding attached, rather than as a down payment on income.