Can I switch to the Live Funded Account at any time?
We want traders to get some good momentum in their Express Funded Account™. Therefore, you would not be able to move to a live account at any time. However, our Risk Managers are closely monitoring traders in the Express Funded Account™ and will reach out when they believe you should be moved to live. This will vary for each trader on a case-by-case basis based on performance and consistency.
What are the fees?
There is no monthly charge for your Express Funded Account™. If your trading platform was free in the Trading Combine®, it would be free to use in the Express Funded Account™ as well. If you were paying a monthly charge for your platform, you would continue to pay that charge.
The activation fee is required as a one-time payment per Express Funded Account. To prevent delays, provide the same email address as your Topstep profile when paying the Activation Fee.
How long does it take to receive my Express Funded Account?
You should receive your credentials within 1-2 business days after submitting your contract.
What are the parameters for the Express Funded Account?
You can view the details for the Express Funded Account, including the rule and parameters in this article.
How do I request a payout?
Traders can request a payout of up to 50% of their account balance after accumulating five winning trading days per payout request. A winning trading day is counted when a day’s Net PNL is $200 or more. Additional information about the Express Funded Account™ Payout Policy can be found here.
What Happens When I Transfer to the Live Markets?
When Topstep® determines that a trader has shown consistent success in the Express Funded Account, they will receive an email to transfer to a Live Funded Account. At that time, the Express Funded Account will be closed in order to transfer funds and open the live account.
The full balance of the Express Funded Account will be the starting balance of the subsequent live account. A payout can be requested during your transfer to live. The Live Funded Account Maximum Loss Limit is set at $0.
How do we use your data?
The Express Funded Account is a simulated account that allows you to earn from your trading without additional fees. This account speeds up your time to earning (get started in two business days!) while allowing Topstep to manage risk more effectively.
Your trades inform our live prop firm trades, and we both earn real money.