Topstep

Topstep

Funding program for retail futures traders

Overview

Topstep connects aspiring retail futures traders with a funded trading path. It provides a simulated trading environment, coaching, and objective evaluation tools that let traders practice, learn risk management, and build the discipline needed for professional trading. Traders complete a performance-based evaluation in a simulated account, meeting defined profit targets and risk limits to qualify for a funded live account. This makes funding contingent on demonstrable skill and consistency rather than just capital. Topstep distinguishes itself by offering a clear, rules-based path to funding, coaching resources, and a structured environment designed to cultivate professional habits. The company’s goal is to help people safely learn, improve, and eventually trade with company-provided capital in real markets.

About Topstep

Simplify's Rating
Why Topstep is rated
C
Rated C on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

Enterprise Software

Financial Services

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

2010

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Simplify's Take

What believers are saying

  • Topstep launched Octagon on July 7, 2026, adding cash bonuses for Live Funded Traders.
  • Topstep Labs launched July 1, 2026, accelerating trader feedback into new funded-account experiments.
  • Aeropay instant payouts, announced May 12, 2026, directly improve trader cash conversion and retention.

What critics are saying

  • Vincent McCrudden’s April 2026 federal suit alleges deceptive account restrictions and unregistered CPO activity.
  • Topstep’s March 2026 Chancery case against Melissa Footlick signals internal trade-secret leakage risk.
  • If regulators validate the CPO claims, Topstep’s core funding model faces forced redesign by 2027.

What makes Topstep unique

  • Topstep acquired The Futures Desk on April 1, 2026, deepening TopstepX capabilities.
  • Topstep operates a funded-trading, platform, media, and brokerage stack across 170 countries.
  • Topstep’s trader-evaluation model pairs simulation, funding, and performance coaching under one brand.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

Paid Vacation

Paid Holidays

Parental Leave

Flexible Work Hours

Remote Work Options

Meal Benefits

Company News

Topstep
Mar 8th, 2023
Topstep and Quantower Enter Into a Strategic Relationship | Topstep

Topstep, the futures industry’s first and leading funded trading opportunity, today announced a new relationship with Quantower, a top-tier, multi-functional trading platform.

Topstep
Dec 3rd, 2020
Topstep recognized as one of the best places to work

Topstep has twice been on the Inc. 5000 list of America’s fastest-growing private companies and was recognized as one of the best places to work in Chicago by Crain’s Chicago Business as well as 101 Best & Brightest.

Topstep
Dec 1st, 2020
Topstep recognized as #14 on its list of Top 100 Best Places to Work on Dec 1st 20'.

This week, Crain’s Chicago announced that TopstepTrader ranked #14 on its list of Top 100 Best Places to Work in Chicago.

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