What Is Topstep? (Accounts, Rules, and Becoming a Funded Trader Answered)

topstep talking about any thing except how to setup the platform and how to start in right way , tired how tp setup with pro1 ninjratrader topstep , its more difficult then master physics test ,!!!!!!!!!even i wonder why to have 3 things pro RITHMIC RT and platform with topstep , !!!!!!!!!!!!!!!!!!!!!!!!!!!!????? why topstep couldn't make it more easy .....!!!?

Have you made a new video on the updates to Top Step?

Great video mate super helpful breakdown thanks

Hey, I tried to trade in Gold but it is not something easy at all, blown few accounts on Gold trading. Could you advise me which one is reasonably manageable?

Thank you Matt. Found you through ICT.

Hi Matt. Your 20% discount link for Topstep takes me to their site, but I don't see promo code there! How do I get the discount?........Also, I've been trying to reach Topstep by phone for 2 weeks now to join, but every time a recorded message says: "We're not offering phone support at this time!" Thank you

What are the commissions? Can you do options along with the ES or NQ?

Me and others have found price discrepancies in the feed they are providing via Rithmic in Ninja. Yesterday on the SEP 23 NQ contract, the market was aggressively hitting bids into 14s. However, on their feed, price barely moved and only traded into 21s. This happens regularly in the Combine and the Express funded accounts. This is not a connection issue since many of us have are receiving over 100mbps download speeds. This appears to be pure manipulation for traders to fail. Has this ever happened to you?

Thanks!

Can I trade call and put options on topstep?

The financial market is one of the most powerful wealth creation tools that we can use to become extremely wealthy. If you save money, your bank account will grow by a certain amount of money each year. If, on the other hand, you invest your money, your portfolio will grow by a certain PERCENTAGE each year. The distinction between these two concepts is enormous. My net worth has grown by $800,000 since the fourth quarter of 2019.

Anybody here went through topstep? If yes… how did it benefit u?

if i just want to trade normally without other peoples money do i just get like an amp account for quantower or do i have to buy a monthly subscription to quantower?

Can someone please advise me. My kid(15) is trying to learn the trading game. He wants to do the thing it explains in the video funded trading. Can someone let me know if I should let him do it, what are the risks if any? Thank you.

TOPSTEP IS A SCAM. They are promoting "do not use high leverage" while they are using 50x leverage. Everybody knows that with a 50x leverage, it is extremely difficult to be sustainably profitable.

What simulators would you suggest for a beginner to practice on before doing this?

Hey nice vid! Is the rule 5 contracts total for the trading day ? Or 5 contracts at a time in a trade ? Thanks 🙏

Hi can you trade SPY option credit spread?

So if you make 5k on the pro account what and you become a premium account do you get to withdrawal that 5k you made within the pro account

So what.. after you withdraw 10k, you have to start the evaluation process again?

Thanks Matt information on topstep without over advertising like the other guys making topstep videos. They make 10 minute videos with 8 mins of off key advertising.

Great video 😊

How many resets for 100$ are available ?

If you do this and make $10k in a funded account then decide to stop trading and abandon the account to trade your own money will your data fees still remain at the professional high levels? Anyone know the answer to this? Thx.

Seems like a scam.. why would I pay so much money to paper trade..there is no real money involved, this company is giving you paper trading account and charging lots of money for it..😁

For clarification purposes. It's not referring to 5, 10, or 15 contracts in a single day. What it's actually saying is that's the limit of contracts you can do at a single time. You can buy or short multiple contracts at a time, and this is to prevent you from going over those limits.

Was confused by that, but after doing research on my own. Found out the answer and thought I'd share it here in case anyone else was confused.

Great video Matt! I'm in the 150k combine now and just hit the 9k goal in step 1. You should make an update to this vid as it seems topstep has changed some things. Great informative video!

Taking a combine live on my channel, any tips appreciated!

How much are the data fees?

Top Step seems pretty cool. I have been dabbling in futures latley, and I mainly Trade SPY and QQQ options. Are there any prop firms that do index options? How do you search for prop firms? Is there a directory?

You got me twisted. I did not understand that terminology. I'm a beginner where do I start

You say we don’t get the buying power amount. If signing up for 50k account do you get enough buying power to trade the minis or do you need to trade the micros?

Do you still trade top step? Considering it for myself

I’m still a bit confused after u pass step 2… so in the pro account after step 2 if you choose that… you have to make 9k again? If your in the 150k account.

if you get a 50k funded account, and you lose money with it, do they charge you for the losses?

Great video. Do you know what the monthly CME data fees are for a funded account?

So what you’re saying is buy short term out of the money options to blow up your account. Literally can’t go tits up. The more leverage the better.

I heard that even the funded account is still not real money but they will pay you out real money if you are profitable

In one section it says 90/10 profit split then when you click more details it says the trader can request upto 50% payout every 5 days. So I’m not confused as to what is the payout %.. any help on this?

Why am I even watching this? I'll never be able to do this lol

I feel like the scaling plan doesn’t make sense. If I only trade SP500 futures and on the 50k account the scaling plan in step 2 only allows me to trade 2 lots well 1 ES lot is too much size and I risk the loss limits but 2 MES is too little to even make money

Is this CONTRACTS per day or WEEK or MONTHLY?

$10000 > $5000. Got it!

Finally someone who broke it down and made it understandable! Thanks Matt!!!

Also if i were to complete step 1 and 2 in the 50k account is there a way i could upgrade to the 150k account? Or would i have to go through step 1 and 2 again?

Okay so while going through step 1 and 2 you personally dont get any of the money made?

Had no idea this was a thing.. thank you

Are you still doing the 20% Promo?

what does it mean having to be flat 1min before until 1min after the big economic releases? for example if the job report comes out at 8:30 AM ET then i need to not have any trades active between 8:29 AM ET and 8:31 AM ET?