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TopstepTrader

TopstepTrader is an international trading scouting agency that offers online futures trading. Learn to trade in our Training session or enter the scouting Combines or Challenge and get hired as a live online futures trader.
 
 
 
27 Total Reviews
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5-Star       (18)
4-Star       (3)
3-Star       (2)
2-Star       (2)
1-Star       (3)
   
Top Review
 
Great Place To Help Take Your Trading To The Top
Hi! I am a Futures Trader. I am new to this website and wanted to share my views about Topstep traders where I am enrolled in the combine....
obswatch
 
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TopstepTrader is a dream factory but an okay training site
TopstepTrader is a good place to learn how to trade and commit mistakes in a very realistic environment. The ability to qualify for a funded live account also makes the simulator gets a touch of real money. However, I feel that there is reason to be a bit skeptical about the funding system; how it works and how many actually manage to be funded and get money out of it.



I also feel that the account sizes in the evaluation tests are confusing. Someone could think that if they pass the test, known as a trading combine, they would be able to trade an account with the same amount.



To pass the test (to get funded) is not easy, but even if you pass there is still a long way to go:

The first step for a new funded trader at Topstep Trader, after an interview on their internal radio, is to go through another test, known as a live combine, to built up an account cushion.



Forget about a solid, funded live account. TopstepTrader, or the company Patak Trading Partners, backs you financially with almost nothing. What they do is to provide you with a $0 account with a small loss limit, from $1,500 to $4,500 depending on your successfully completed test-account.

On the other hand, take the risk with a small fee, get training and get the ability to trade a live account with a lose limit ten times bigger than your fee. An example: It costs about $200 to try a test that gives you an account with a loss limit of $2,000, – if you pass. You then need to make a profit of $5,000 without losing more than $1,000 in a week and $2,000 in total.



What about your profit? I am sure that you get your profit share (60%) if you make profit, but so far I have not yet found anyone who can tell how the paycheck looks. All "funded traders," I have heard of, either are working on their account cushion or kicked back to the combine to start over again.



Is this a warning against TopstepTrader? No, not really. I have learned a lot. I can recommend Topstep Trader if you want to practice. It is a very good training site for beginners in futures trading, and it can also be a start to a career as a futures trader if you are extremely talented – but for 99.9% it will only be a dream (and expenses), and TopstepTrader's conditions are the hardest in the industry.

The most beautiful thing about Topstep Trader is that you can lose the company money and come back if you pass a new test. You are even invited to try again. Of course, it also says a bit about how difficult the trading combine is.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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TopstepTrader is a dream factory but a good training site
TopstepTrader is a good place to learn how to trade and commit mistakes in a very realistic environment. The ability to qualify for a funded live account also makes the simulator gets a touch of real money.

However, I feel that there is reason to be a bit skeptical about the funding system; how it works and how many actually manage to be funded and get money out of it.



I also feel that the account sizes in the evaluation tests are confusing. Someone could think that if they pass the test, known as a trading combine, they would be able to trade an account with the same amount.



To pass the test (to get funded) is not easy, but even if you pass there is still a long way to go:

The first step for a new funded trader at Topstep Trader, after an interview on their internal radio, is to go through another test, known as a live combine, to built up an account cushion.



Forget about a solid, funded live account. TopstepTrader, or the company Patak Trading Partners, backs you financially with almost nothing. What they do is to provide you with a $0 account with a small loss limit, from $1,500 to $4,500 depending on your successfully completed test-account.

On the other hand, take the risk with a small fee, get training and get the ability to trade a live account with a loss limit ten times bigger than your fee. An example: It costs about $200 to try a test that gives you an account with a loss limit of $2,000, – if you pass. You then need to make a profit of $5,000 without losing more than $1,000 in a week and $2,000 in total.



What about your profit? I am sure that you get your profit share (60%) if you make profit, but so far I have not yet found anyone who can tell how the paycheck looks. All "funded traders," I have heard of, either are working on their account cushion or kicked back to the combine to start over again.



Is this a warning against TopstepTrader? No, not really. I have learned a lot. I can recommend Topstep Trader if you want to practice. It is a very good training site for beginners in futures trading, and it can also be a start to a career as a futures trader if you are extremely talented – but for 99.9% it will only be a dream (and expenses), and TopstepTrader's conditions are the hardest in the industry.

The most beautiful thing about Topstep Trader is that you can lose the company money and come back if you pass a new test. You are even invited to try again. Of course, it also says a bit about how difficult the trading combine is.

This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

Overall Rating
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Entertainment
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Confidence builder
This program helped me build my confidence and get my trading back on track.. As every trader knows you can go through dry spells or cold streaks.. I had been on one and need to develop my strategy but in a way that kept me accountable like I do when I have my real money on the line.. Topstep helped me do this by providing the arena to communicate with other traders and hone what I needed to hone. Thanks to them and their program I am back to making money and my confidence is intacted (thank god)

If you're having trouble in the market jump into their Combine.. You will get solid expert feedback at the end of it.. this helps to learn what you did right and wrong and use that info to get better going forward.. definitely something I recommend to anyone, unless you're just killing in the market then keep doing what you are doing :)

Gr8trader

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Trader tryouts
Finally someone put together a tryouts for traders.bravo.. (a performance based business should all have tryouts). I do love the entire business model.

From my expereinece it helps traders either get better and figure out their weaknesses by trading in the Combine.. (you do find your strengths and weakness by doing what ... TRADING!).. The loss limit they have on accounts forces discipline on a trader.. What do you need to be successful in this business DISCIPLINE!... So all in all their program is a great way to develop traders and those that are trading well TST gets first rights to and puts that trader together with a equity backer.

hats off to this business...

bigticket :)

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PT BARNUM was right
1. If you can hit these parameters, get off your ass and start cold calling.

2. Do the math. It doesnt add up.

3. You are trading on demo. Wake up.

4. If you save your combine fees for a year, and get a paper trading platform, you can do the same thing...FOR FREE!

5. Why wont this guy go on Bloomberg or MSNBC? Timmy Sykes did it, why? Because he is legit and proves his track record when he charges for his info etc.

6. If you make money every single trading day at 300 bucks a day, thats 1500 a week. Sounds great right? Except you are forgetting TAXES, Profit Splits etc. *Nevermind nobody on planet earth can go 20 for 20 on a monthly daytrading basis. NOBODY. Therefore, you are wasting countless hours, combine fees to listen to a Puppeteer broadcast (look him up). By the end of the year you could have developed a REAL track record at a Prop Shop instead of wasting your time on this nonsense.

7. Name 1 TST trader that has moved on to bigger and better things....waiting...still waiting.

Also, many disgruntled traders have left this horrible scam and yet their names are still on the site.

Sometimes we want to believe so badly in a fantasy that it blinds us.

Lastly, I pray this kid is dumb enough to go on Bloomberg or CNBC to advertise this scam so the CFTC could have a FIELD day with him.

Kids, there are NO SHORTCUTS in life. You are better off working and doing this with REAL MONEY.

Good luck.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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What do you think? I want to make BANK, bro!
Just my two cents...

If a successful futures day trader (like these TopStep Traders) wants to make REAL BANK, then that trader should open up an online "day trading room" and charge each subscriber $300 to $500 per month. If the trader is as good as what TopStep requires from their traders, then that trader's new subscriptions rate would grow exponentially. He could be yanking down $100K - $200K per month just in subscriptions! Who cares if he doesn't trade his own account, as long as he can call market direction with a decent rate of accuracy & can maintain discipline like a Trappist monk.

Now some of you might think I am being cynical, but tell me where my logic is flawed? Wouldn't you agree that awesome traders like these at TOPSTEP could make more money for themselves charging monthly subscriptions yet never having to risk his own capital (always staying in SIM mode). Is this a great country, or what?

If a TOPSTEP trader where to perform as well for us muppets as he does for some equity partner with TopStep, he can finally begin to make REAL BANK!

C'mon, all you TOPSTEP TRADERS, this is your clarion call!

STEP UP to your true greatness and open up a trading room.

(sorry for all the cliches.)

Peace Out.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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great community and good trading insight
I have traded for awhile so I have seen many companies and education programs. I truly enjoy and have found the community at topstep trader to be very informative and supportive. This has been something i have looked for for quite sometime. Other chat rooms or educational programs Ive done cost a fortune and I ended up feeling blah after each.. tst has put together quite a solid community that keeps me full of knowledge daily. I made some great trading partners and I continually stay learning and developing in my trading.. good stuff.

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helping me get back on my feet
So I've been at topstep trader for about 3 months.. Definitely glad I started their Combine program and stopped trading my personal account (well I was sorta forced to stop) as I have learned so much about what i was doing wrong and how I kept repeating that trading in my personal account.

I have met a bunch of other guys like me, which is nice to know Im not the only guy who reads the market backwards sometimes. Bouncing ideas off others is a solid help for me. Looking forward to developing and getting funded (unless I fire back up my personal account though I won't have any real buying power)

They funded a new trader a week that they are backing so Im def liking the direction, the place I am at in trading and the community..

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Not only a great resource, but a great opportunity as well
As floor trading started drying up I was forced to go elsewhere and I was lucky enough to stumble upon TopstepTrader. From where I started in terms of knowing what the heck I was doing on the screen to where I am now is something I couldn't have done reading books or watching videos. The simulated trading along with the guidance from the scouts and other traders in the chat is a great way to learn...at least for me. I am in my second Combine and have learned much more than my previous online class which I paid a pretty penny for...wont mention any names! I would highly recommend Topstep to traders looking to get into futures trading and maybe consider it as a possible career.

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Getting traders in-tune with the markets
Joined back in December.

Very satisfied with my progress and performance trading. I am learning how to manage futures positions which I am not used to. Def like trading futures over stocks. Highly leverage instruments tend to be more entertaining ha.. I am really enjoying the Trading class they have in their chat room and their streaming broadcast. I am hearing interviews with other traders each day so that is keeping me right in-tune with what others are seeing and opening me up to my own perspective.

Quality stuff they put out... First program I have been around like this. I am looking to get financially backed by their equity partner once I can get my trading plan tweaked and discipline in order.. if you want to chat with me on the markets i am in their squawk radio energies chat room or pits is what they call it... chat name conrad.

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Helping me learn about futures after losing in forex
I am learning futures now after blowing up two accounts trading forex. I really like the environment at tst. I met a trading partner with them which has helped be understand some of my bad habits that is costing me.

good stuff. I recommend. But don't think you are gonna come in and just kill it in the market that was my greatest down fall (in forex) and cost me more then i'd like to share on my learning curve to becoming consistent in the market.

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Displaying 1-10 of 27 Total Reviews
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