Home -
-
Main body -

WikiFX Express

XM
FXTM
IC Markets Global
EC markets
TMGM
FOREX.com
D prime
HFM
pepperstone
octa

Topstep-Overview of Minimum Deposit, Spreads & Leverage

WikiFX | 2026-04-20 22:20

Abstract:Topstep is a U.S.-based proprietary trading firm that offers futures traders a chance to trade firm capital after passing a simulated evaluation (Trading Combine). Traders can access futures products, including currency futures, commodities, stocks, and index futures. The platform has low entry costs and supports many professional-grade trading platforms, but lack of regulation.

Topstep Review Summary
Founded2012
Registered Country/RegionUnited States
RegulationNo regulation
Market InstrumentsCME equity futures, forex futures, agricultural futures, energy futures, metals, interest rate futures
Demo Account✅
Leverage/
Spread/
Trading PlatformTopstepX™, NinjaTrader, Quantower, Tradovate, TradingView, T4 by CTS, R|Trader Pro (Rithmic), ATAS – Order Flow Trading Platform, MotiveWave, VolFix, Bookmap, Investor/RT by Linn Software, Jigsaw Daytradr, MultiCharts, Sierra Chart, and Trade Navigator.
Minimum Deposit/
Customer SupportTel: 1-888-407-1611
Email: support@topstep.com

Topstep Information

Topstep is a U.S.-based proprietary trading firm that offers futures traders a chance to trade firm capital after passing a simulated evaluation (Trading Combine). Traders can access futures products, including CME equity futures, forex futures, agricultural futures, energy futures, metals, and interest rate futures. The platform has low entry costs and supports many professional-grade trading platforms, but lack of regulation.

Topstep's homepage

Pros and Cons

Pros Cons
Various trading instrumentsNo regulation
Demo accountsLack of transparency
Supports over a dozen advanced trading platforms

Is Topstep Legit?

Topstep is not a legitimate broker. It is registered in the United States but currently holds no valid regulatory license from the U.S. or any international financial authority. Well-known regulatory bodies such as the FCA (UK), ASIC (Australia), and NFA (USA) do not regulate Topstep.

No license

The domain topstep.com was registered on August 18, 2000, and is set to expire on August 18, 2033. The domain is in a locked status “client transfer prohibited”, which prevents it from being transferred to another registrar, ensuring some level of administrative security.

Domain information

What Can I Trade on Topstep?

Topstep offers trading in futures contracts only, not spot trading. Traders can access futures products, including CME equity futures, forex futures, agricultural futures, energy futures, metals, interest rate futures.

Tradable Instruments Supported
CME equity futures✔
Forex futures✔
Agricultural futures✔
Energy futures✔
Metals✔
Interest rate futures✔
Indices❌
Stocks❌
Cryptocurrencies❌
Bonds❌
Options❌
ETFs❌
What Can I Trade on Topstep?

Account Type

Topstep does not offer traditional live accounts like most brokers. Instead, it provides three tiers of evaluation accounts (Trading Combine®): $50K, $100K, and $150K buying power accounts. These are simulated accounts used to assess a traders performance before offering real capital. Once a trader passes the evaluation phase, they can earn access to an Express Funded Account.

Account TypeLive TradingDemo TradingBest for
$50K Combine❌✔Beginners or low-risk traders
$100K Combine❌✔Intermediate traders
$150K Combine❌✔Experienced traders comfortable with risk
Express Funded Account✔❌Traders who passed evaluation
Account comparison

Topstep Fees

Trading ProductNFA & Clearing Fees (Round-turn)
E-mini S&P 500 (ES)$2.80
Micro E-mini S&P (MES)$0.74
E-mini NASDAQ 100 (NQ)$2.80
Micro E-mini NASDAQ 100 (MNQ)$0.74

Topsteps trading fees are low to moderate compared to industry standards, especially when using its own platform, TopstepX.

Topstep Fees

Swap Rates

Topstep does not charge swap rates or overnight rollover fees, because all trading must be done during regular trading hours. Swing trading is not permitted, positions must be closed daily.

Non-Trading Fees

Non-Trading FeesDetails
Deposit Fee ❌
Withdrawal Fee ❌
Inactivity Fee Not mentioned
Fees

Trading Platform

Trading PlatformSupported Available Devices Suitable for
TopstepX✔Mobile, MacBeginner to intermediate
NinjaTrader✔DesktopExperienced
Quantower✔DesktopExperienced
Tradovate✔MobileBeginner-friendly
TradingView✔MacChart-focused traders
T4✔MobileBasic futures traders
R|Trader Pro✔MobilePro traders
ATAS OrderFlow Trading✔DesktopOrder flow traders
MotiveWave✔Mobile, MacTechnical analysts
VolFix✔Mobile, MacVolume traders
Bookmap✔MacAdvanced visualization
Investor/RT✔–Professional analysis
Jigsaw Daytradr✔–Scalpers
MultiCharts✔–Quantitative traders
Sierra Chart✔–Custom strategy users
Trade Navigator✔–Charting professionals

Deposit and Withdrawal

Topstep does not charge deposit fees. However, some withdrawal methods do incur a fee. The minimum withdrawal amount is $125.

Deposit Options

Deposit Options Deposit Fees Deposit Time
Visa❌Instant
Mastercard
American Express
Discover
PayPal (old dashboard only)

Withdrawal Options

Withdrawal Options Minimum Withdrawal Withdrawal Fees Withdrawal Time
Wise$125$201–3 business days
ACH
Wire/SWIFTNot mentioned3–5 business days
International Wire/SWIFT5–10 business days
Deposit and Withdrawal
LeverageBrokerDealerForex tradingForex Broker

Related broker

Not Regulated
Topstep
Company name:Topstep LLC
Score
1.53
5-10 years | Questionable Regulatory License | Global Business | High Potential Risk
Score
1.53

Read more

Saxo Exposure Report 2026: Withdrawal Delays and Transfer Disputes Leave Traders Concerned

As you look forward to reading the Saxo reviews, you come across both positive and negative user experiences concerning trading. However, what makes prospective users dwell more is the significant insight shared through negative experiences compared to positive ones. The negative experiences are more detailed around fund withdrawals and deposits. Although they are allegations, they represent a disturbing picture. For example, we came across a case where a user highlighted the inability to trade an instrument, which is actively traded in the market. We have examined the recent allegations against the brokerage firm in this in-depth review. At the same time, we have provided a thorough look into the broker’s regulatory framework

Original 2026-06-23 21:39

Indian Stocks Rally, but the Rupee Breaks a Six-Day Winning Streak—What's Behind the Sudden Reversal

Indian stock indices today, i.e., June 22, 2026, recorded growth, with the BSE Sensex rising 297.11 points to 77,094.07, recording a 0.38% jump. On the other hand, the NSE Nifty hit approximately 24100, largely aided by broad-based purchases across sectors, except for consumer durables and fast-moving consumer goods (FMCG). The Nifty grew by 89.80 points (0.37%+) to 24,102.90.

Original 2026-06-22 21:38

RoboForex Review 2026: Are Traders Losing Sleep Over Missing Funds? Details Inside!

RoboForex, a Belize-based forex broker, has been gaining traction not only due to its products and services but also massive user allegations, especially regarding fund withdrawal access. Users worldwide have reported their frustration over alleged missing funds, withdrawal denials, and a complete lack of customer support service online. If you are one of its clients and have faced similar issues, this article is meant specifically for you! In this RoboForex review article, we have examined several user-reported allegations. Additionally, we examined its regulatory status and regulatory scope. This helps provide a clearer picture of RoboForex.

Original 2026-06-22 20:00

Low Latency Trading: The Milliseconds That Can Make or Break Your Profits

Time is precious, more so in forex trading, where a millisecond delay can either make your winning position turn into a regretful loss or cut short your profit so much that it feels like a loss. While going through numerous user reviews, we often come across the disappointing experiences of slippage draining out their profits due to slow trade order execution. In this article, we have elaborated on low latency, its impact on your trading experience, a host of factors that determine it, etc.

Original 2026-06-19 21:16

WikiFX Express

XM
FXTM
IC Markets Global
EC markets
TMGM
FOREX.com
D prime
HFM
pepperstone
octa

WikiFX Broker

VT Markets

VT Markets

Regulated
FXTM

FXTM

Regulated
FXCM

FXCM

Regulated
AVATRADE

AVATRADE

Regulated
EC markets

EC markets

Regulated
FxPro

FxPro

Regulated
VT Markets

VT Markets

Regulated
FXTM

FXTM

Regulated
FXCM

FXCM

Regulated
AVATRADE

AVATRADE

Regulated
EC markets

EC markets

Regulated
FxPro

FxPro

Regulated

WikiFX Broker

VT Markets

VT Markets

Regulated
FXTM

FXTM

Regulated
FXCM

FXCM

Regulated
AVATRADE

AVATRADE

Regulated
EC markets

EC markets

Regulated
FxPro

FxPro

Regulated
VT Markets

VT Markets

Regulated
FXTM

FXTM

Regulated
FXCM

FXCM

Regulated
AVATRADE

AVATRADE

Regulated
EC markets

EC markets

Regulated
FxPro

FxPro

Regulated

Latest News

Over 100 Malaysian Retirees Gather to Expose How Investment Scams Wiped Out Their Life Savings

WikiFX
2026-06-23 17:05

SquaredFinancial Review 2026: Heavy Complaints, Withdrawal Delays, and Profit Deletions

WikiFX
2026-06-23 12:30

Ubuntu Invest Review 2026: Is This Forex Broker Safe?

WikiFX
2026-06-23 12:00

Making Sense of Central Bank News: How Revaluation, Interest Rates, and Reserves Move Currencies

WikiFX
2026-06-22 11:30

Five Chinese Fined RM4,000 Each for Promoting Cryptocurrency Investment Scheme in Malaysia

WikiFX
2026-06-22 15:26

FBS Review 2026: Is This Forex Broker Safe?

WikiFX
2026-06-22 16:00

Why Employment Data Releases Destroy Short-Term Forex Trades

WikiFX
2026-06-22 12:00

RoboForex Review 2026: Are Traders Losing Sleep Over Missing Funds? Details Inside!

WikiFX
2026-06-22 20:00

Indian Stocks Rally, but the Rupee Breaks a Six-Day Winning Streak—What's Behind the Sudden Reversal

WikiFX
2026-06-22 21:38

Vonway Forex Review 2026: Withdrawal Complaints, Regulation Warnings, and Account Risks

WikiFX
2026-06-23 13:00

Rate Calc

USD
CNY
Current Rate: 0

Amount

USD

Available

CNY
Calculate

You may also like

fluxchains

fluxchains

WEBY MARKETS

WEBY MARKETS

ELEVATE FX

ELEVATE FX

Corenspring

Corenspring

OLXAVAS TRADE

OLXAVAS TRADE

NADEX TRADESOPTION

NADEX TRADESOPTION

CENTURY INVMAX

CENTURY INVMAX

CFTRADE SYSTEM

CFTRADE SYSTEM

AI Market Fx

AI Market Fx

Zenvoral

Zenvoral