Updated 08/23/2024: Due to my personal experience with TopStep, we recommend that you consider this prop company:
Take Profit Trader – Save 50% with Coupon Code MODESTMONEY
Apex Trader Funding – Save 80% OFF Evals & One Day Passes for a Limited Time with Coupon Code FXJEPTUV
TopStep Promo Code Update
Hi everyone, just a quick update from us. Since we first shared this post, our experience with TopStep has taken a bit of a nosedive, and we wanted to give you a heads-up. To be honest, we don’t recommend it anymore, and that’s why: the quality of service has gone down a lot, and we’re no longer sure about honesty and integrity.
Reviews as you can see above, are very common. He expressed his frustration about TopStep’s lack of customer support. Picture this: you’re stuck with a trading problem, and the only way to get there is through a chat bot. If the bot can’t help (spoiler: it often can’t), your message will probably go to “the team” who won’t get back to you. It’s just not okay, especially when money and trading are on the line.
We don’t feel that way. Many traders shared similar horror stories on different platforms, and it became clear that TopStep’s service did not match what traders needed, reliable support and quick fixes when things happened.
So we decided it was time for a change. Now we recommend it Take Profit Trader than. Why? Yes, they do a lot, such as fast withdrawals, higher profit shares, and most importantly, top-notch customer support that actually responds when you need it. Also, the trading environment feels more believable and realistic, which is what you want, right?
We leave the rest of the original post below so you can see where we started, but remember our stance has changed for a reason. If you’re looking for a prop trading company that won’t hang around, Take Profit Trader might be your best bet right now. To dig deeper into Take Profit Trader, check out our full review by clicking the link.
TopStepTrader is a funded trader program that has been making waves in the futures trading space. It offers traders a unique opportunity to trade without risking their own capital, provided they successfully pass a series of strict trading evaluations.
In this TopStepTrader review, we will examine the core aspects of the platform, review its distinctive features, pricing structure, and various ways to save on subscription fees through discount codes.
The TopStepTrader model revolves around identifying and funding talented traders. The platform’s evaluation process is designed to rigorously test traders’ skills, to ensure that only the most skilled traders are eligible for funded accounts. This system not only reduces risk for traders but also aligns with TopStepTrader’s goal of developing a disciplined and successful trader community.
In this article, we will cover everything you need to know about TopStepTrader. From pricing options to specific benefits of the platform, and how you can use discount codes to make the most of your subscription, this comprehensive guide will provide you with all the information you need to determine if TopStepTrader is the right choice for you.
Learn more about TopStep
What is TopStepTrader?
TopStepTrader is a specially funded trader program that provides futures trading markets. The main purpose of this platform is to give traders the opportunity to trade in real-time market conditions without risking their own capital. To achieve this, TopStepTrader requires participants to undergo a series of rigorous evaluations to demonstrate their trading prowess. Those who successfully pass the evaluation are given access to a funded trading account, where they can trade various futures contracts.
The program offers compatibility with 14 different trading platforms, accommodating traders with different preferences and technical requirements. This diversity in platform support allows traders to continue to use the software they are comfortable with and experience, thereby reducing the learning curve and facilitating a smoother transition to funded trading.
One of the unique selling propositions of TopStepTrader is its educational element. Beyond just funding, the platform aims to improve the trading skills of its participants. This is seen in the simulation account phase that the trader enters after passing the initial evaluation. This simulation environment is a practical educational tool where traders can refine their strategy and decision-making process without financial risk.
TopStep Features and Offers
Trading Platform
One of the notable aspects of TopStepTrader is its compatibility with various trading platforms. The service supports up to 14 different trading platforms, making it accessible and versatile for traders with different platform preferences.
These include popular platforms like NinjaTrader, TradingView, and T4, allowing traders to use the most convenient tools. This flexibility ensures that traders can maintain their usual workflow and use familiar features, increasing trading efficiency and effectiveness.
Funded account options
TopStepTrader is famous for its funded account options, providing traders with the capital they need to trade without risking their own money. The platform recently introduced a 1-Step program, simplifying the funding process.
This new offering allows merchants to achieve funded status faster by skipping a single evaluation stage, reducing the complexity and time it takes to get funded. This innovation is especially useful for experienced traders who can demonstrate their skills and discipline in a shorter period of time.
Pricing Structure
TopStepTrader’s pricing structure is directly tied to the type of account you fund. Various packages are designed to suit merchants with different needs and budget constraints.
For example, smaller account sizes come with lower monthly fees, making them accessible to beginners, while larger accounts require higher fees but offer more capital for trading. This tiered pricing ensures that traders can choose a plan that suits their trading goals and financial capabilities.
A simulated account
An important feature of TopStepTrader is the simulation account, which traders use after passing the initial evaluation. This simulated trading environment allows traders to further refine their risk management strategies and practices without the pressure of trading real money. It is the bridge between the evaluation phase and the live funded account, helping traders to transition smoothly and confidently.
This additional layer of preparation is essential to developing the discipline and consistency required for successful trading.
TopStep Merchant Discount Code: Price
TopStepTrader offers a variety of membership plans designed specifically for those who trade on a simulated account. Each membership level comes with its own terms and benefits. This plan is designed to help traders transition from simulated trading to funded trader status:
$50k Purchasing Power Plan
- Cost: $49 per month
- Profit target: $3,000 per evaluation step
- Maximum contract: 5
- Daily Loss Limit: $1,000
- Trailing Drawdown: $2,000
$100k Purchasing Power Plan
- Cost: $99 per month
- Profit target: $6,000 per evaluation step
- Maximum contract: 10
- Daily Loss Limit: $2,000
- Trailing Drawdown: $3,000
$150k Purchasing Power Plan
- Cost: $149 per month
- Profit target: $9,000 per evaluation step
- Maximum contract: 15
- Daily Loss Limit: $3,000
- Trailing Drawdown: $4,500
TopStep Merchant Discount Code
Currently no Topstep promo codes can be applied during the subscription process. However, there are alternative ways to receive discounts on services.
For example, Modest Money provides a unique link that offers a 60% discount on TopStepTrader subscriptions. By using this link, prospective traders can get a significant reduction in the overall cost, making the program more affordable. We recommend looking into these opportunities if you want to join TopStepTrader to make sure you get the best deal possible. Please note that the offer is subject to terms and conditions, and it is important to read the fine print to understand the scope of the discount.
This 60% discount through Modest Money provides a valuable opportunity for merchants who are interested in the program but may be hesitant due to budget constraints. Using this TopStepTrader coupon alternative can make the decision to join TopStepTrader easier, allowing you to focus more on honing your trading skills without worrying about the initial financial commitment.
Pros and Cons of TopStepTrader
Pros
- It supports 14 different trading platforms
- It offers a variety of funded account options
- Introducing a simplified 1-Step program
- Pricing structure to suit different budgets
- Provide simulation accounts for strategy refinement
- There is no risk to private capital during the evaluation
Cons
- Monthly fees can be high for larger accounts
- Strict evaluation criteria can be challenging
- Limited details are available on the new 1-Step program
TopStepTrader Discount Code: Final Verdict
TopStepTrader is a fully funded trader program that goes beyond just providing capital to traders. Multi-platform support, multiple financing options, and an emphasis on educational content make the service useful for both new and experienced traders.
However, the program may not be right for everyone. The rigorous evaluation is intended to filter out unskilled traders, so if you are new to trading, it may be difficult for you to find funds.
If you are a trader who wants to perfect your skills while having the opportunity to trade without risking your own capital, TopStepTrader could be a good choice for you. Even if there is no TopStepTrader discount code, use this link and save 60% on this opportunity to explore the world of trading.
Get Started With TopStep
Related Prop Trading Company Reviews:
Frequently Asked Questions
TopStepTrader offers a 14-day money back guarantee for new users. If you are not satisfied with the program, you can request a full refund within the first 14 days of subscription. This policy provides a risk-free opportunity to evaluate their services.
TopStepTrader accepts major credit cards including Visa, MasterCard, American Express, and Discover. Additionally, they support payment via PayPal, giving you flexibility in how you choose to pay for your subscription.
TopStepTrader takes data security seriously, implementing industry standard encryption protocols to protect user information. They adhere to a strict privacy policy to ensure that your personal and financial data remains secure and confidential.
Although you don’t have to enter the code, signing up for TopStep via this link will help you save 60% on your subscription fee. These savings can reduce the financial burden, especially for traders who are just starting out.
Currently, TopStep does not offer any special discount codes, but you can save 60% when you sign up using the link provided by ModestMoney.
If you encounter any problems with payment or subscription, TopStepTrader’s customer support team is available to assist you. You can reach them by email or through the support portal on their website for quick help.
TopStepTrader does not offer a traditional free trial. However, the 14-day money back guarantee allows new users to try the service risk-free and get a full refund if they are not satisfied within the first two weeks.