Maximum Loss Limit
The MLL trails upward based on the end-of-day account balance. It does not move back down and eventually locks at the starting balance.
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Futures prop firm review
Topstep Review 2026: Pricing, Rules, Payouts & Fees
Topstep is one of the best-known futures prop firms. This review compares its current Trading Combine pricing, funded-account costs, drawdown structure, consistency rules, payout requirements and TopstepX platform.
●
Data reviewed: October 23, 2026
Prices, discounts and rules can change.
Always verify the official provider checkout
and current rules before purchase.
Topstep pricing 2026
Trading Combine costs.
Topstep currently offers a lower-cost Standard Path and a higher monthly No Activation Fee Path.
| Account | Standard | Activation after passing | No Activation Fee | Reset |
|---|---|---|---|---|
| 50K | $49 / month | $149 | $95 / month | $49 / $95 |
| 100K | $99 / month | $149 | $149 / month | $99 / $149 |
| 150K | $199 / month | $149 | $229 / month | $199 / $229 |
Reset cost follows the selected Trading Combine pricing path. Taxes and optional services are not included in these figures.
Cost analysis
Standard or No Activation Fee?
The cheaper path depends largely on how quickly the Trading Combine is passed.
| Account | Standard if passed in first billing cycle | No Activation Fee | Approx. crossover |
|---|---|---|---|
| 50K | $198 | $95 | Standard becomes cheaper around month 4 |
| 100K | $248 | $149 | Standard becomes cheaper around month 3 |
| 150K | $348 | $229 | Standard becomes cheaper around month 5 |
How this is calculated:
Standard cost equals the monthly Trading Combine fee plus the
$149 activation fee after passing. The No Activation Fee path
has a higher monthly price but no funded-account activation fee.
This simplified comparison assumes one subscription charge per
billing cycle and excludes taxes and optional charges.
Trading Combine rules
Targets, drawdown and position limits.
The Maximum Loss Limit is Topstep's central account rule. The Trading Combine also uses a profit target and consistency target.
| Account | Profit target | Maximum Loss Limit | Max minis | Max micros |
|---|---|---|---|---|
| 50K | $3,000 | $2,000 | 5 | 50 |
| 100K | $6,000 | $3,000 | 10 | 100 |
| 150K | $9,000 | $4,500 | 15 | 150 |
50% consistency target
During the Trading Combine, the best profit day should remain at or below 50% of the required profit target. A larger day can increase the effective target.
Optional Daily Loss Limit
Topstep also allows a fixed Daily Loss Limit to be selected with some account configurations. It is separate from the Maximum Loss Limit.
Funding path
Trading Combine to funded trading.
Passing the Trading Combine leads first to an Express Funded Account rather than directly to a Live Funded Account.
Trading Combine
Simulated evaluation with profit target, consistency target and Maximum Loss Limit.
Express Funded Account
Funded-level simulated account where eligible traders can request payouts and build a performance record.
Live Funded Account
Qualified traders can ultimately be moved to a live account using real capital.
Topstep payouts
Express Funded Account payout paths.
Express Funded Accounts currently offer Standard and Consistency payout paths.
XFA Standard
5 winning days
- 5 non-consecutive winning days of at least $150
- 90% trader / 10% Topstep profit split
- Request up to 50% of eligible balance
- Account-size payout caps apply
XFA Consistency
3 trading days + consistency
- At least 3 trading days
- 40% consistency target
- 90% trader / 10% Topstep profit split
- Higher payout caps than the Standard path
| Account | XFA Standard cap | XFA Consistency cap |
|---|---|---|
| 50K | $2,000 | $3,000 |
| 100K | $3,000 | $4,000 |
| 150K | $5,000 | $6,000 |
Payout rules can change and additional eligibility conditions apply. Always check the current official Topstep payout policy.
Trading platform
TopstepX is the current Topstep platform.
TopstepX
Topstep currently uses TopstepX as its only available trading platform. It combines order execution, charts, performance statistics, risk controls, journaling and trade-copying features.
Charts DOM Risk settings Trade copier Performance stats Trader journal
Country restrictions & travel
Living abroad or visiting with Topstep?
These notes separate citizenship, your permanent home and a temporary visit. They describe published policies, not approval for a particular person or account.
Not listed does not mean approved. Age, identity, sanctions, residence and account-stage requirements still apply. Do not conceal your location or bypass a restriction.
Policy snapshot: . Scheduled recheck: . This reuses the Trader Travel research; no new source check or personal approval is claimed.
The scheduled source recheck is due. Treat these notes as a dated snapshot, not a current permission.
General travel, identity and platform rules
- General travel rule
Topstep says not to trade from an ineligible country, including during brief visits.
Published policy summaryOfficial source ↗- Passport / citizenship
Citizenship and residence both affect eligibility; identity exceptions require Topstep review.
Published policy summaryOfficial source ↗- Software and connections
TopstepX is Topstep's platform; platform availability is not personal travel clearance.
Published policy summaryOfficial source ↗
Destination notes
These 5 destinations are the current Trader Travel research set, not a complete worldwide restriction list. Countries not shown here have not been assessed in this section. The provider's official rules remain the reference.
PortugalNot listed; personal eligibility still matters
- Where you permanently live
Portugal is not named on the reviewed restriction list. This is not individual eligibility approval.
Our check of the published listOfficial source ↗- During a short visit
A specific temporary-visit permission was not established by this article.
Not established by the reviewed sourceOfficial source ↗- Simulated and live accounts
This country is absent from both the reviewed ineligible and simulated-only lists; no personal live approval follows.
Our check of the published listOfficial source ↗
SpainNot listed; personal eligibility still matters
- Where you permanently live
Spain is not named on the reviewed restriction list. This is not individual eligibility approval.
Our check of the published listOfficial source ↗- During a short visit
A specific temporary-visit permission was not established by this article.
Not established by the reviewed sourceOfficial source ↗- Simulated and live accounts
This country is absent from both the reviewed ineligible and simulated-only lists; no personal live approval follows.
Our check of the published listOfficial source ↗
CroatiaNot listed; personal eligibility still matters
- Where you permanently live
Croatia is not named on the reviewed restriction list. This is not individual eligibility approval.
Our check of the published listOfficial source ↗- During a short visit
A specific temporary-visit permission was not established by this article.
Not established by the reviewed sourceOfficial source ↗- Simulated and live accounts
This country is absent from both the reviewed ineligible and simulated-only lists; no personal live approval follows.
Our check of the published listOfficial source ↗
ThailandNot listed; personal eligibility still matters
- Where you permanently live
Thailand is not named on the reviewed restriction list. This is not individual eligibility approval.
Our check of the published listOfficial source ↗- During a short visit
A specific temporary-visit permission was not established by this article.
Not established by the reviewed sourceOfficial source ↗- Simulated and live accounts
This country is absent from both the reviewed ineligible and simulated-only lists; no personal live approval follows.
Our check of the published listOfficial source ↗
MalaysiaNot listed; personal eligibility still matters
- Where you permanently live
Malaysia is not named on the reviewed restriction list. This is not individual eligibility approval.
Our check of the published listOfficial source ↗- During a short visit
A specific temporary-visit permission was not established by this article.
Not established by the reviewed sourceOfficial source ↗- Simulated and live accounts
This country is absent from both the reviewed ineligible and simulated-only lists; no personal live approval follows.
Our check of the published listOfficial source ↗
Sources & what was checked
Topstep eligibility and travel rules ↗
Citizenship, residence, restricted destinations and separate simulated/live eligibility.
Recorded source-check date: .TopstepX platform overview ↗
Platform identity only, not independent country-access approval.
Recorded source-check date: .A working platform login is not proof of permission. Simulated prop accounts, live-funded accounts and personal brokerage accounts can have different eligibility checks.
No extra score points are assigned. These notes do not replace a provider decision about a particular person, account or trip.
Topstep FAQ
Common questions.
Does Topstep have an activation fee?
The Standard Trading Combine path currently has a $149 activation fee for each Express Funded Account earned. The No Activation Fee path has a higher monthly evaluation price but no funded-account activation charge.
What account sizes does Topstep offer?
The current Trading Combine account sizes are 50K, 100K and 150K.
Does Topstep use trailing drawdown?
Yes. The Maximum Loss Limit trails upward based on the end-of-day account balance and never moves back down.
What platform does Topstep use?
TopstepX is currently the only available Topstep trading platform.
Compare alternatives
See Topstep next to other futures prop firms.
Compare account size, evaluation price, activation fee, complete known cost, drawdown type and account rules.
Futures trading and prop firm evaluations involve financial risk. This page is educational and informational only and is not financial advice. Firm rules, prices and payout policies can change.