Topstep Reviews & Ratings

Jeremy BiberdorfBy: Jeremy Biberdorf

April 19, 2023April 19, 2023


Topstep, a well-established financial services company, has been offering its proprietary funded trader program since 2012. This program enables aspiring traders to trade with Topstep’s capital, potentially providing them with financial rewards and valuable trading experience. But, as with any financial service, trustworthiness and reputation are critical factors when considering participation.

In this article, we’ll look into the background of Topstep and explore what makes it a reputable and worthwhile choice for traders. We’ll also provide an overview of user ratings and reviews from TrustPilot, a trusted source for consumer feedback.
Learn More About Topstep

Company Background

Topstep is a financial technology company founded in 2012 by Michael Patak, an accomplished futures trader. The company is headquartered in Chicago, Illinois, and offers a unique trader funding program designed to identify and support talented traders. Topstep enables aspiring traders to showcase their skills through a simulated trading environment called the Trading Combine.

Successful participants are eligible to receive a funded trading account, allowing them to trade real capital while sharing profits with Topstep. By providing a platform for traders to prove their abilities without risking personal funds, Topstep democratizes access to the trading industry and helps identify the next generation of successful traders.

Reputation and Trustworthiness

Topstep’s reputation within the trading community is strong, having amassed over a decade of experience in the industry. They have garnered the attention of reputable media outlets like Bloomberg, Forbes, and MarketWatch. Furthermore, they have successfully funded thousands of traders across the globe, which speaks volumes about their credibility and commitment to providing opportunities for trading enthusiasts.

Topstep is transparent about its services, providing comprehensive information about the funded trader program, including the qualification process, fees, and profit-sharing structure. This openness allows prospective traders to make informed decisions about joining the program. Topstep maintains a user-friendly platform that offers continuous support, providing traders with access to educational resources, performance analytics, and customer service.

Topstep has paid out just shy of $8 Million in funded trader profits, and currently has over 600 monthly funded accounts.

TrustPilot Reviews & Ratings

Topstep boasts an impressive 4.6-star rating on TrustPilot, with over 1,591 reviews. The reviews for Topstep highlight several key aspects that make the platform stand out from its competitors. Users consistently emphasize the value of Topstep’s educational resources, which effectively teach traders the fundamentals of trading, risk management, and strategy development. This comprehensive approach to education enables traders at all levels to deepen their understanding and improve their skills.

Another significant point mentioned in the reviews is Topstep’s transparency and the absence of hidden fees. This straightforward approach helps build trust between the company and its users, as traders can confidently engage with the platform without worrying about unexpected costs.

Furthermore, the reviews emphasize the support provided by Topstep throughout the trading journey. Users appreciate the platform’s prompt and helpful customer service, which resolves issues and addresses questions as they arise. This level of support is particularly valuable for funded traders, who can rely on Topstep to help them navigate challenges and achieve their goals.

The reviews also underline the importance of risk management in successful trading. Topstep’s emphasis on teaching traders to respect risk and adhere to stop levels has proven effective in cultivating disciplined, consistent trading practices. The platform’s rigorous funded trader program not only tests users’ abilities but also prepares them for real-world trading situations by fostering a strong risk management mindset.

“Easy going service. I would recommend Topstep to any body, not only as a funded service but also as the educational service that will teach you everything you need to know about trading.”
“Very straightforward, with no hidden fees or anything. At the end of the day, you can’t blame a broker or company like Topstep for your drawdowns or failures, it is on you. But for me, Topstep was able to support/help me along the way by responding promptly whenever there was an issue with the broker or had a question. I am now a funded trader and can’t wait to find out what I’ll be able to achieve thanks to Topstep. Thank you.”
“Top Step will make you a better trader. It will teach you to respect risk. It will teach you to respect your stop. Futures are another animal altogether. If you don’t learn to respect the risk involved in every trade you won’t make it, at Top Step or anywhere else. You shouldn’t want the Funded challenge to be easy. You should want it to be hard so you can become a better trader.”

Topstep Ratings and Reviews – Final Thoughts

Topstep has established itself as a reputable and trustworthy platform within the trading community. With a strong emphasis on education, transparency, and risk management, the company is dedicated to helping aspiring traders improve their skills and achieve success in the trading world. Topstep’s 4.6-star rating on TrustPilot and numerous positive reviews reflect the value that users derive from the platform.

Topstep’s commitment to providing a user-friendly experience, excellent customer support, and valuable educational resources make it an attractive option for traders looking to grow and potentially receive funding. By focusing on building disciplined, consistent trading practices and offering a funded trader program without hidden fees, Topstep distinguishes itself from competitors and solidifies its reputation in the industry.

For individuals looking to enter the world of trading or further develop their skills, Topstep is a worthwhile choice that provides a unique opportunity to trade with real capital, gain experience, and learn from industry experts.

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Jeremy Biberdorf
Jeremy Biberdorf

About the Author:

Jeremy Biberdorf is the founder of Modest Money. He's a father of 2 beautiful girls, a dog owner, a long-time online entrepreneur and an investing enthusiast.

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