TopstepTrader Q & A

Discussion in 'Prop Firms' started by Topstep, Jan 4, 2017.

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  1. TRS

    TRS

    ^This.
     
    #201     May 8, 2018
  2. Topstep

    Topstep

    Alexander - we are sorry to hear about your experience requesting funds from your Funded Account. As you mentioned, our policy (found here: https://help.topsteptrader.com/hc/en-us/articles/236003548-How-can-I-make-withdrawals-) is to process withdrawals within seven (7) business days.

    Unfortunately, there was a delay with your second withdrawal due to your choice to switch from wire to PayPal, who requested additional information and your consent to process the transaction. We were not as timely as we should have been with making sure the issue was well communicated to you and immediately rectified by us.

    We didn't live up to our standards this time, for which we apologize, and we are correcting our internal processes to make sure that this issue does not happen again.

    Best,
    TopstepTrader Team
     
    #202     May 16, 2018
    MsFutures likes this.
  3. MISSSNP

    MISSSNP

    when i hit the daily loss limit, "The account automatically becomes ineligible for a Funded Account™ once the Daily Loss Limit is exceeded.". I assume this is true for the weekly loss limit as well...? But when can I become eligible for a funded account again????????
     
    #203     May 26, 2018
  4. p0box4

    p0box4

    If you do a reset or start a new combine.
     
    #204     May 26, 2018
  5. Xela

    Xela

    And the "weekly loss limit rule" (applies to step 2 of the Combine, and to funded accounts) is eliminated as soon as your trailing maximum drawdown reaches the starting balance.
     
    #205     May 26, 2018
    VPhantom likes this.
  6. padutrader

    padutrader

    is there any way i can get into a trial without paying one cent.
    i am the greatest trader in the world :D
     
    #206     May 26, 2018
  7. padutrader

    padutrader

    can i do that without paying any money?
    i am the greatest trader in the world and charging the greatest trader, in the world, is impolite, at the very least :D
    if you say no i will approach Goldman Sachs
     
    #207     May 26, 2018
  8. MISSSNP

    MISSSNP

    If i start trading a combine, e.g., 150k, and immediately I incur a loss and my account balance drops below 150k, I assume I have to restart again, right? Also, if i pay the fee to participate, e.g., $375 for 150k, and I have to restart, what about the $375 I payed, do I have to pay again?
     
    #208     May 26, 2018
  9. speedo

    speedo

    Failing that, you can always approach Morgan Stanley....or as a fall back, Lefty's Bucket Emporium.
     
    #209     May 26, 2018
    Xela likes this.
  10. padutrader

    padutrader

    :D
     
    #210     May 26, 2018
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