TopstepTrader Q & A

Discussion in 'Prop Firms' started by Topstep, Jan 4, 2017.

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  1. DevBru

    DevBru

    Your question has been answered, if you don't like the answer just move on.

    This isn't kindergarten.
     
    #481     Aug 2, 2022
    p0box4 and FTDK like this.
  2. traderjo

    traderjo

    Agree with you LF
    but why people are discussing is because blind followers are still promoting it as best thing since sliced bread... and any questions asked about the business model are dismissed as sour grapes! etc
     
    #482     Aug 2, 2022
    Laissez Faire likes this.
  3. traderjo

    traderjo

    No it has not being answered it is evasive... you move on ....
     
    #483     Aug 2, 2022
  4. DevBru

    DevBru

    They clearly said the trailing draw down goes away at a certain point and they do not take any additional risk ...
     
    #484     Aug 2, 2022
    FTDK likes this.
  5. Topstep

    Topstep

    The rules are clearly listed in our Help Center. Not really sure where the confusion lies here.
     
    #485     Aug 2, 2022
  6. trade2020

    trade2020

    It is as simple as this - unlike other competing funding companies such as FTMO - Topstep, **to the best of my knowledge**, does not offer a fixed permanent drawdown below the zero line. Once you have reached a certain level of profits Topstep removes the drawdown and the only cushion you have at that point is how much of your profits you leave in your account Versus FTMO (as an competing example) where your drawdown below the zero line stays intact even if you withdraw all profits--regardless of how much profit you withdraw and how often you withdraw.

     
    #486     Aug 4, 2022
    Topstep likes this.
  7. andydandy

    andydandy

    What happens to the drawdown metrics after you request the payout of these $10k?
     
    #487     Oct 12, 2022
  8. andydandy

    andydandy

    Not sure if the question on data feeds was asked - still going through the thread.
    Is this the agreement for non-professional use of CME/CBOT data or like? Or is this something that is contracted through TST?
    Suppose I already signed and pay this while trading with another competitor using the same lousy NinjaTrader platform - just another login detail. Do I have to pay for the feed again
     
    #488     Oct 12, 2022
  9. Topstep

    Topstep

    The non-pro data is free of charge with a Trading Combine. L2 data is $45/mo for all products. Once you are funded there is a Pro Data fee of approx $120/mo

    All that can be found here: https://help.futures.topstep.com/hc...494-What-are-the-costs-in-the-Funded-Account-

    Data between different companies is not transferrable.
     
    #489     Oct 13, 2022
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