Challenge Comparison Tool

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

Topstep Topstep
Traders Launch Traders Launch
Topstep 8.0 Get Started
Traders Launch 5.9 Get Started
Overview
Asset Type Futures Futures
Country United States United States
Established Jan 2010 Jan 2023
Technology Proprietary White-Label
Platforms Topstep X Trading View, Quantower, Volumetrica
Trading Rules
Profit Split 90% Best 80%
Daily Drawdown 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. EOD trailing drawdown — locks at starting balance when profitable
Payout Frequency On-demand
Request payouts up to $6,000 and keep 90% of your payouts; approved payouts can hit your account in seconds 		Daily
Eligible for payouts once +1% funded. No time restriction on withdrawals.
Direct Path to Funded ✓ Yes ✓ Yes
Reviews & Reputation
Review Count 0 reviews 0 reviews
Avg. Rating No ratings yet No ratings yet
Pros & Cons
Main Benefits
  • 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
  • One-time evaluation fee — no monthly subscription, Daily payouts once funded (no waiting period), No time restrictions on withdrawals, No consistency rule in funded stage, No payout caps, Zero fees once funded, Drawdown locks at starting balance when profitable
Main Drawbacks
  • 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
  • Futures and crypto only — no forex or CFD, 40% best-day consistency rule applies during evaluation, Limited to 22-Hour or NYC session trading windows
Offers & Promo Codes
Active Offers
$20 off No Activation Fee Trading Combine (any size). Up to 5 uses per trader. TONES
No offers

Challenge Details

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

Traders Launch Challenges

6 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$20
Crypto 80% split; one-time fee; 5x leverage; BTC/ETH/SOL/XRP; up to $100K buying power 		$5K 1 Step P1: 4%
 P1: 4% daily limit
P1: 4% daily limit
 80% None
$69
Crypto 80% split; one-time fee; 5x leverage; BTC/ETH/SOL/XRP 		$10K 1 Step P1: 5%
 P1: 5% daily limit
P1: 5% daily limit
 80% None
$159
22-Hour Session, 80% split; one-time fee; 2 Mini / 20 Micros starting size 		$100K 1 Step P1: 2%
 P1: 1% EOD balance
P1: EOD trailing; locks at starting balance when profitable
 80% None
$199
Crypto 80% split; one-time fee; 5x leverage; BTC/ETH/SOL/XRP 		$20K 1 Step P1: 7.5%
 P1: 7.5% daily limit
P1: 7.5% daily limit
 80% None
$299
22-Hour Session, 80% split; one-time fee; 4 Mini / 40 Micros starting size 		$200K 1 Step P1: 2%
 P1: 1% EOD balance
P1: EOD trailing; locks at starting balance when profitable
 80% None
$599
22-Hour Session, 80% split; one-time fee; 6 Mini / 60 Micros starting size 		$300K 1 Step P1: 2%
 P1: 1% EOD balance
P1: EOD trailing; locks at starting balance when profitable
 80% None
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