Topstep® provides an alternative to the Funded Account® after completing the Trading Combine®. This option is called the Pro Account®. Only one funded-level account can be active at one time.
The profits in your Pro Account® are simulated. Once your simulated balance reaches $5,000, or $2,500 for the Swing Trading Combine®, we will start you in a Premium Funded Account®, a live trading account with a starting balance of $5,000 or $2,500 depending on the type of Pro Account®.
If, however, a rule is broken in the Pro Account®, the account will be closed and any simulated profits will be forfeited. The trader is then eligible to return to the Trading Combine to earn new funding.
The Pro Account® comes with a number of benefits. It provides the same opportunity to earn from your trading as the Funded Account® but allows you to adapt to trading for real money in a familiar, simulated environment.
From our own personal experience and after funding traders for years, Topstep® understands how challenging trading can be — from the upfront costs to the added pressures of live capital management. We understand that there is a psychological jump from trading in the Trading Combine® to trading a live Funded Account®. And we’ve seen how that can impact our funded traders.
We constantly work to ensure that traders are set up with their best chance at success. That includes easing the hurdle that many traders experience when trading live money. We decided to create the Pro Account® to see if it helped traders be more successful.
Once you choose the Pro Account®, you transition into a Premium Funded Account® when you have reached your profit target. $5,000 in simulated profits or $2,500 for the Swing Trading Combine®.
We will begin the process of establishing your account as soon as we receive your Premium Funded Account Agreement. It can generally take 7 - 10 business days to work with our broker partners to complete the process. Once your account is ready, we will provide you with your login credentials. The Premium Funded Account® will begin with a starting balance of $5,000, or $2,500 for the Swing Premium Funded Account®. The process can be reviewed here.
The rules in the Pro Account® are found here.
If you break any rule in your Pro Account®, your account will be closed since there is no reset option. If you break a rule with positive simulated profits, those profits will be forfeited and your account will be ineligible to transition into a Premium Funded Account®.
Should you break a rule with a profit above your starting balance, you can start again in Step 2; if you have a loss below your starting balance you'll start again in Step 1 to prove you can profit.
You will have 90 days from the day your Pro Account® is set up to reach the target. Almost all of the traders who have passed the Pro Account do so within that timeframe and most of them do without nearing the 90 day mark.