Challenge Comparison Tool

Select up to 3 firms to compare their challenges, rules, and pricing side by side.

Next Level Funded Next Level Funded
Topstep Topstep
Next Level Funded 6.9 Get Started
Topstep 8.0 Get Started
Overview
Asset Type CFD Futures
Country Australia United States
Established Nov 2024 Jan 2010
Technology White-Label Proprietary
Platforms Match Trader, MT5, TradeLocker Topstep X
Trading Rules
Profit Split 100% (Instant Funding & Instant Pro); 50% on Special Account Best 90%
Daily Drawdown 4% on Instant Funding (1-Step & 2-Step); 3% on Instant Pro & Special Account No daily loss limit on Standard plan. Max Loss Limit: $2,000 (50K) / $3,000 (100K) / $4,500 (150K) trailing EOD from highest balance. Optional DLL add-on: $1,000 / $2,000 / $3,000.
Payout Frequency On-Demand
Withdrawals processable instantly on dashboard 14 days after first trade; 7-Day Reward Cycle on standard Instant Funding accounts; One-Time payout on Special Account 		On-demand
Request payouts up to $6,000 and keep 90% of your payouts; approved payouts can hit your account in seconds
Direct Path to Funded ✗ No ✓ Yes
Reviews & Reputation
Review Count 0 reviews 0 reviews
Avg. Rating No ratings yet No ratings yet
Pros & Cons
Main Benefits
  • Up to 100% profit split; on-demand payouts processable from dashboard; instant funding model with no evaluation phases; unlimited trading days; weekend & news trading permitted; EAs / bots allowed; Top Up feature lets funded traders restore balance after drawdown; Match-Trader / MT5 / TradeLocker support; scaling plan up to $1M; account sizes from $5K up to $200K (instant) and special $10/$25 accounts for beginners
  • Instant payouts (~9 seconds); 90% profit split; up to $12K payout cap; no daily loss limit; 15+ years in business; 200K+ traders; $1.4B+ paid out; proprietary TopstepX platform; live education via TopstepTV
Main Drawbacks
  • New firm (established Nov 2024 in Australia); not regulated as a broker (operates simulated-trading model under Next Lvl Funded PTY LTD, company no. 685007710); TrustPilot 4.2 across 403 reviews but mixed user reports cite hidden rule disputes (undisclosed minimum hold-time on some accounts) and KYC delays; Special Account caps profit split at 50% and uses one-time payout cycle; trailing drawdown on 1-Step and Instant Pro tracks higher of balance or equity
  • Subscription-based monthly fee model (not one-time); 3.4 TrustPilot rating lower than some competitors; consistency rule limits largest winning days to 50% of total profits
Offers & Promo Codes
Active Offers
50% off all challenges + 1 FREE $25K Instant Pro Account 1YEAR
$20 off No Activation Fee Trading Combine (any size). Up to 5 uses per trader. TONES

Challenge Details

Next Level Funded Challenges

20 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$10 $10K Instant P1: $250 (2.5%)
 P1: $300 (3%)
P1: $500 (5% Trailing)
 50% None
$25 $25K Instant P1: $625 (2.5%)
 P1: $750 (3%)
P1: $1250 (5% Trailing)
 50% None
$54 $27 $5K 2 Steps P1: $400 (8%)
P2: $300 (6%)
 P1: $200 (4%)
P2: $200 (4%)
P1: $400 (8% Static)
P2: $400 (8% Static)
 100% None
$59 $29 $5K 1 Step P1: $550 (11%)
 P1: $200 (4%)
P1: $350 (7% Trailing)
 100% None
$59 $29 $5K Instant P1: None (Instant Funded)
 P1: $150 (3%)
P1: $300 (6% Trailing)
 100% None
$84 $42 $10K 2 Steps P1: $800 (8%)
P2: $600 (6%)
 P1: $400 (4%)
P2: $400 (4%)
P1: $800 (8% Static)
P2: $800 (8% Static)
 100% None
$99 $49 $10K 1 Step P1: $1,100 (11%)
 P1: $400 (4%)
P1: $700 (7% Trailing)
 100% None
$99 $49 $10K Instant P1: None (Instant Funded)
 P1: $300 (3%)
P1: $600 (6% Trailing)
 100% None
$209 $104 $25K 2 Steps P1: $2,000 (8%)
P2: $1,500 (6%)
 P1: $1,000 (4%)
P2: $1,000 (4%)
P1: $2,000 (8% Static)
P2: $2,000 (8% Static)
 100% None
$229 $114 $25K 1 Step P1: $2,750 (11%)
 P1: $1,000 (4%)
P1: $1,750 (7% Trailing)
 100% None
$239 $119 $25K Instant P1: None (Instant Funded)
 P1: $750 (3%)
P1: $1500 (6% Trailing)
 100% None
$309 $154 $50K 2 Steps P1: $4,000 (8%)
P2: $3,000 (6%)
 P1: $2,000 (4%)
P2: $2,000 (4%)
P1: $4,000 (8% Static)
P2: $4,000 (8% Static)
 100% None
$349 $169 $50K 1 Step P1: $5,500 (11%)
 P1: $2,000 (4%)
P1: $3,500 (7% Trailing)
 100% None
$459 $229 $50K Instant P1: None (Instant Funded)
 P1: $1,500 (3%)
P1: $3,000 (6% Trailing)
 100% None
$559 $279 $100K 2 Steps P1: $8,000 (8%)
P2: $6,000 (6%)
 P1: $4,000 (4%)
P2: $4,000 (4%)
P1: $8,000 (8% Static)
P2: $8,000 (8% Static)
 100% None
$599 $299 $100K 1 Step P1: $11,000 (11%)
 P1: $4,000 (4%)
P1: $7,000 (7% Trailing)
 100% None
$739 $369 $100K Instant P1: None (Instant Funded)
 P1: $3,000 (3%)
P1: $6,000 (6% Trailing)
 100% None
$979 $489 $200K 2 Steps P1: $16,000 (8%)
P2: $12,000 (6%)
 P1: $8,000 (4%)
P2: $8,000 (4%)
P1: $16,000 (8% Static)
P2: $16,000 (8% Static)
 100% None
$1039 $519 $200K 1 Step P1: $22,000 (11%)
 P1: $8,000 (4%)
P1: $14,000 (7% Trailing)
 100% None
$1199 $599 $200K Instant P1: None (Instant Funded)
 P1: $6,000 (3%)
P1: $12,000 (6% Trailing)
 100% None

Topstep Challenges

3 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$49
/month 		$50K 1 Step P1: $3,000
 P1: $2,000
Trailing EOD max loss limit (One Rule - no separate daily loss limit on Standard plan)
P1: $2,000
 90% $149
$99
/month 		$100K 1 Step P1: $6,000
 P1: $3,000
Trailing EOD max loss limit (One Rule - no separate daily loss limit on Standard plan)
P1: $3,000
 90% $149
$199
/month 		$150K 1 Step P1: $9,000
 P1: $4,500
Trailing EOD max loss limit (One Rule - no separate daily loss limit on Standard plan)
P1: $4,500
 90% $149
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