TopStep Revolutionizes Funded Trader Journey with ‘1 Step 1 Rule’
Simplified Path to Funding
Topstep has unveiled an innovative ‘1 Step 1 Rule’ initiative, empowering traders to secure funding in as little as four days. This streamlined approach requires traders to demonstrate a remarkable 30% consistency over a minimum of four trading days.
Weekly Payouts for Funded Traders
Top 5 Key Points About TopStep
- Simplified path to financing
- Weekly payments for funded merchants
- Seamless transition for active Step 1 traders
- Unchanged experience for active Step 2 traders
- Reduced activation fee for new participants
As valued members of the Topstep community, funded traders enjoy the privilege of weekly payouts. By simply engaging in five trading days with daily earnings of at least $200 (non-consecutive days permitted), traders can qualify for these lucrative payouts.
Seamless Transition for Active Step 1 Traders
Traders currently navigating Active Step 1 will reap the benefits of the ‘1 Step 1 Rule.’ Trading combine. This transformative update eliminates the Activation Fee for successful traders and removes the requirement to achieve the Profit Target twice. As a result, traders are now a mere step away from acquiring a Funded Account.
Unchanged Experience for Active Step 2 Traders
Top 5 Key Points About TopStep
- Simplified path to financing
- Weekly payments for funded merchants
- Seamless transition for active Step 1 traders
- Unchanged experience for active Step 2 traders
- Reduced activation fee for new participants
Active Step 2 Traders can breathe a sigh of relief as their Trading combine remains unchanged. They can continue their journey without incurring any additional activation fees upon passing.
Key Rule: Max. Loss Limit
Under this novel system, the Max. Loss Limit plays a crucial role. It is meticulously assessed at the conclusion of each trading day, considering realized profits and stops. Notably, it aligns with the initial balance, excluding intraday unrealized values, setting it apart from other programs.
Reduced Activation Fee for New Participants
Top 5 Key Points About TopStep
- Simplified path to financing
- Weekly payments for funded merchants
- Seamless transition for active Step 1 traders
- Unchanged experience for active Step 2 traders
- Reduced activation fee for new participants
Aspiring traders will be delighted to learn that the activation fee is now solely applicable upon new purchases at the time of funding. Additionally, this update introduces a substantial price reduction that remains in effect until funding is secured or throughout the evaluation period.