Topstep prop firm (2026): rules, fees, payouts and AI visibility

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Facts checked 2026-09-24 by BrokerCatalogue research desk (from the firm's own site) · AI visibility: Pipswire index 2026-Q3

Topstep

Chicago, United States · founded 2012

31.4 / 100AI visibility · rank #4

Topstep is a proprietary trading firm based in Chicago, United States, founded in 2012. It offers one-step evaluations on futures. Funded accounts go up to $150,000. The profit split is 90% (100% of first $10,000). Broker backing: Topstep Brokerage LLC (NFA-registered introducing broker, affiliate).

Topstep at a glance

Evaluation modelsOne-step
Asset classesFutures
PlatformsNinjaTrader, TopstepX, TradingView
Maximum allocation$150,000
Account sizes$50k, $100k, $150k
Challenge fee from$49/month ($50K Combine)
Profit split90% (100% of first $10,000)
Payout frequencyon demand (instant payouts after 5 winning days or 3-day consistency path)
Daily drawdown limitnone (optional Daily Loss Limit $1,000 on $50K)
Maximum drawdowntrailing $2,000 on $50K (4%, end-of-day)
Minimum trading days2
Time limitnone
News tradingYes
Weekend holdingNo
EAs / algos allowedRestricted
Broker backingTopstep Brokerage LLC (NFA-registered introducing broker, affiliate)
Statusactive

Sources: topstep.com/topstep-prop · topstep.com/ · checked 2026-09-24

Fields we could not verify on the firm's own site are left out rather than guessed. Rules and prices change often; the firm's site is the binding version.

How often AI assistants recommend Topstep (Q3 2026)

Visibility score (0–100)31.4 / 100
Rank among 76 prop firms#4
Named in AI answers39%
Sentiment (0–100)39
Recommended39% of answers
Own website cited13% of answers
Share of voice8%

By engine

EngineScore
ChatGPT56
Perplexity38.6
Gemini33.9
Claude17.9
Google AI Mode41.6
Google AI Overview30.7
Google top-100.2

By market

MarketScoreRank in market
United States48.4#1
Mexico38.2#3
Philippines34.9#4
Germany34.8#4
Vietnam34.7#4
Latin America33.5#4

Source: Pipswire AI Visibility Index, 2026-Q3 (CC BY 4.0), 2,344 answers across 5 AI engines and Google, 16 markets. Visibility is not a quality rating.

Topstep: common questions

Do AI assistants recommend Topstep?

Topstep scores 31.4 / 100 on the Q3 2026 Pipswire AI Visibility Index (rank #4 of 76) and is named in 39% of AI answers about which prop firm to use.

What is the Topstep profit split?

Topstep pays a 90% (100% of first $10,000) profit split, with payouts on demand (instant payouts after 5 winning days or 3-day consistency path).

How much does a Topstep challenge cost?

Challenge fees at Topstep start at $49/month ($50K Combine) for account sizes of $50k, $100k, $150k.

What are the Topstep drawdown rules?

Maximum drawdown is trailing $2,000 on $50K (4%, end-of-day) and the daily drawdown limit is none (optional Daily Loss Limit $1,000 on $50K).

Is Topstep regulated?

No prop firm is a regulated broker: Topstep sells evaluations and funds (usually simulated) accounts, it does not hold client deposits under a financial licence. It is linked to Topstep Brokerage LLC (NFA-registered introducing broker, affiliate).

Compare Topstep

Rankings featuring Topstep

Risk warning: prop firms are not regulated brokers or investment firms. Evaluations are paid, fees are usually non-refundable, most accounts are simulated, and a firm can change its rules or stop paying out. Most participants fail the evaluation. Nothing on this page is financial advice; read the firm's terms before you pay.