What is the Topstep Trader Combine – Earn a Funded Trading Account Up to $150,000:
The Topstep Trader Combine is an opportunity for individuals to earn a funded forex or futures account. It’s essentially a tryout to prove your abilities to capture profits and manage risk. If you can hit the profit targets without breaking any rules – you get funded.
This all takes place inside a demo account so that there’s no risk of losing any real money in the markets. It’s only to prove that you can consistently grow a multi-thousand dollar forex or futures account while appropriately managing downside risk at the same time.
A funded trader program like Topstep provides professional-level trading opportunities to individuals who otherwise wouldn’t have a realistic chance due to capital limitations. The truth is that most people simply don’t have $50,000+ to fund their own accounts.
So for those without large sums of money to put toward trading, a program like Topstep is their only chance to earn a substantial account. There’s no doubt that a six-figure account can take trading from a mere hobby or dream to a professional endeavor.
Overall, the Topstep Combine is a safe environment for traders to showcase their talents with limited risk and high potential.
Topstep Trader Rules – See What it Takes to Earn a Topstep Funded Account:
In order to enter the Combine, you start by choosing an account size. For Topstep Futures, for example, you have 3 options: $50,000, $100,000, or $150,000. Each account size has different prices, profit targets, loss limits, and maximum position sizes.
The $50,000 account costs $165 per month, has a $3,000 profit target per step, a daily loss limit of $1,000, and a maximum position size of 5 contracts. Additional details, including information on the $100,000 and $150,000 accounts can be found in the image below:
The size of the account you get funded with after passing the Combine is determined by the account size you chose for the Combine. So if you sign up for the $150,000 Topstep Futures Combine, you get funded with a $150,000 futures account when you pass.
It’s also important to understand that passing the Topstep Combine is a 2-step process. Once you hit the profit target the first time, your account resets back to the initial account size and you have to hit that profit target again (with a couple additional rules).
The main rule implemented for step 2 is a weekly loss limit. So not only is there a daily loss limit, but a weekly loss limit as well. As you can probably tell by now, the focus of a program like Topstep is on training traders to manage risk with a high degree of discipline.
Is Topstep Trader a Scam – Common Complaints About the Topstep Trader Combine:
There are some individuals who complain about the Topstep Combine and try to make it out to be a scam. But these complaints and scam allegations are typically due to frustrations over not being able to pass. After all, the Combine isn’t meant to be easy.
Topstep is in the business of recruiting profitable traders, funding them, and then sharing in the profits. And the best way to screen for good traders is through an objective test – one where only those with an edge and ability to manage risk make it through.
In the end, the Combine weeds out those who can’t appropriately manage risk. You have to admit that it would be crazy for Topstep to fund individuals with $50,000+ accounts without proving they can follow rules and manage risk. This is perfectly reasonable.
Would you hand over $50,000 of your own money to an inconsistent and impulsive trader? Probably not. Performing an evaluation with specific rules and parameters in place to intelligently decide who to fund is a completely normal thing to do.
So I don’t think Topstep should be construed as a scam at all. Does the Topstep Combine cost a bit of money to go through? Yes. And does everybody pass? No. But it’s designed to attract individuals who are serious about trading and will appropriately manage risk.
The potential reward of capturing consistent profits in a fully funded account far exceeds the roughly $300 per month Combine cost.
Bottom Line – Is the Topstep Trader Combine and Potential Funded Account Worth Pursuing?
The Topstep Trader Combine isn’t meant for individuals to dive in blind and try to gamble their way to a funded account. It’s theoretically possible to do so, but your luck will eventually run out. The rules don’t magically go away once you earning funding.
The Combine is only the first step. Once you have your funded account, you can start profiting to earn real money. But breaking the rules will only get your funded account taken away. Proper risk management isn’t just for the Combine – it’s for all the time.
As a complete beginner, Topstep is far from the worst place you can start – it’s an established program offering a safe and supportive environment. But without the proper training first, you’ll probably end up spending more on the Combine than you might like.
In order to prepare for the Combine, individuals should build legitimate trading skills first. Anyone who enters the Combine should be confident in their ability to pass within just a few months. It shouldn’t be about luck or gambling, but skills and experience.
When you go into the Combine prepared – with legitimate edge, risk management capabilities, and other skills, you know exactly what to expect out of the experience. You’ll pass, earn your funded account, and be able to trade at a professional-level.
Please share your experiences with the Topstep Combine or any other funded trader program in the comments section below.
Written by Matt Thomas (@MattThomasTP)
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