Prop Firm | Account Size | Max. Position Size | Profit Split | Profit Target | Daily Loss Limit | Trailing Drawdown | Price | Discount |
---|---|---|---|---|---|---|---|---|

50K | 5 Contracts | 90%-100% | $3,000 | $1,000 | $2,000★ | $165 $49 | 70% Off | |

100K | 10 Contracts | 90%-100% | $6,000 | $2,000 | $3,000★ | $325 $99 | 70% Off | |

150K | 15 Contracts | 90%-100% | $9,000 | $3,000 | $4,500★ | $375 $149 | 60% Off |

Prop Firm

Name of the prop firm.

Account Size

Buying power of the account. **Example:** 50K equals $50,000.

Max. Position Size

The maximum position size of futures contracts (e.g., E-Mini S&P 500) allowed in the prop firm account challenge. **Example:** 5 Contracts = five futures contracts can be held at any given time.

Profit Split

The percentage of profits a trader can withdraw to his bank account. **Example:** 90% means the trader can withdraw 90% of the profits.

**Profit Target**

The defined profit target has to be reached to complete the challenge successfully and get funded. **Example:** A 50K account needs to get up to $52,000 in order to reach the profit target.

**Daily Loss Limit**

The daily loss limit value, which is based on the balance of the account on the morning of a trading day. **Example:** If the account balance in the morning is $53,500 and the daily loss limit is $1,000, then the account should stay above $52,500 on that day.

**Trailing Drawdown**

There are three types of "trailing drawdown" calculation methods:

**End-of-day calculation (★):** *Whenever the account value at the end of a trading day (EOD) was higher than the value ever before in a challenge, the trailing drawdown value increases*. **Example:** You trade a 50K account with an EOD trailing drawdown of $2,000. At the beginning, the drawdown level is at $48,000 ($50,000-$2,000). After successful trading, you end the day with $1,000 in profits. Your account balance should now always stay above $49,000 ($50,000 starting balance + $1,000 profits - $2,000 trailing drawdown).

**Real-time intraday calculation (★):**

*Whenever a new account balance high is reached (including unrealized profits), the trailing drawdown level increases*.

**Example:**You trade a 50K account with a trailing drawdown live limit of $2,000. At the beginning, the drawdown level is at $48,000 ($50,000-$2,000). You open a position that goes $1,000 into profits intraday (no matter if it is realized or unrealized profit). Now your real-time trailing drawdown moves to $49,000 intraday ($50,000 starting balance + $1,000 profits - $2,000 trailing drawdown).

Note: The drawdown trailing typically ends once the drawdown level reaches the account's initial balance. **Example:** Initial Balance = $50,000, drawdown amount = $2,000. The trailing of the drawdown amount stops once the account balance reaches $50,000 + $2,000 (EOD or real-time, depending on your prop firm). In some cases, the prop firm adds another $100 to the level. Make sure to check the exact parameters before you start trading.

**Static (★):**

*Static Accounts never trail the drawdown value. They remain at the level where you begin*.

**Example:**You start at a $100,000 static account with a max loss limit of $625. In the static account, your maximum drawdown level will stay at $99,375 at any given time, independently from your performance.

## Profit Split Details of Funded Accounts

Traders can withdraw 100% of the first $10,000 in profits earned in their first funded account with Topstep. Profits exceeding the $10,000 level will be split in the ratio of 90/10, where the trader can withdraw 90% of his profits, and Topstep keeps the remaining 10%.

## Payout Details and Consistency Rules in Funded Accounts

Payout requests can be made daily, with a minimum withdrawal amount of $125.

Topstep’s payout policy states that you can withdraw 50% of your profits after accumulating a minimum of 5 winning trading days. A winning day is defined as a trading day with a minimum Net PNL of $200. The winning days don’t have to be consecutive.

The remaining 50% of profits are unlocked for withdrawal after 30 winning days (non-consecutive) with a minimum Net PNL of $200.

Payouts are made daily via ACH, Wire, SWIFT and KYC documents and take 1 to 10 days to arrive in the trader’s account.

There is no additional consistency rule applied to Express Funded Accounts and Live Funded Accounts.

**Example 1:** You trade for 5 days. Four days, you make over $200 in profits, and one of the 5 days, you make $100 in profits. In this case, you can’t process the payout since the minimum of five winning days with a PNL of more than $200 was not reached.

**Example 2:** You trade for 8 days. On the first day, you make more than $200. On the second and third day, you make a $50 loss. On the fourth day, you make more than $200, then again, a loss, and the remaining four days, again, over $200 in profits on each day. In this case, you can process the payout.

Thats because you readed the minimum of five winning days with a PNL of more than $200 within those 8 days, and the winning days don’t have to be consecutive.