Hello, Wanted to update the community on a new major release for the Topstep program. Effective immediately Topstep Funded Traders will automatically return back to Step 2 after a rule violation. This mean that Topstep Funded Traders have the fastest path back to funding in the industry. Once you proved that you have what it takes to be funded you are only three days away from getting back into your Funded Account. For additional information:
...the trailing drawdown is usually the killer. It is really bad, only fixed DD challenges on prop firms should be considered. Overall score what you get as value for money is also not good, compared to MyForexFunds for example.
Not on Forex prop firms which also allow trading cfds with good spreads on indices, commodities etc., therei is no trailing DD here only fixed, which is way better/easier.
Fastest program to funded and its not even close. Step 1 - 5 minimum trading sessions required Step 2 - 3 minimum trading sessions required Plus with the new change if you get funded once you are basically a stones throw from getting back into the Funded Account again. One of the best payout policies in the game End of day Trailing Max Drawdown
Do you have any star traders who you're actually funding and who's pulling out serious money of the market? It would do you a world of good to tell us if there is. As it is, this get funded business comes across as a hamster wheel and not a serious proposition for actual "funding".
For the evaluation, yes, for the funded account, no. Yours changes to intraday trailing draw down in the funded account. At least according to the FAQ.