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Hi there. We never want to see traders fail, but we aren’t unfamiliar to the idea - in fact, Topstep’s founder lost three $30,000 brokerage accounts when he started out in futures trading, and he made it our mission to make sure traders don’t have to do the same in order to learn and profit from trading.
It takes time and education in order to become a profitable trader. We believe that the Trading Combine is a great way to control your downside, become a better trader, and take advantage of market opportunities in a safe environment. Topstep offers a structured program, with defined benefits that we completely guarantee. That being said, we understand that our program is not for everyone. If you choose to go the brokerage route, we sincerely wish you the best and hope you find success on your trading journey.
We previously offered SierraChart as a platform option, but no longer do since they stopped supporting Rithmic as a data feed. We don't currently have plans to offer SierraChart again, but you can check out our supported platforms here.
Hello I was interested in starting off with one of your smaller accounts. If I pass both evaluations for a smaller account and want to get a larger funded account would I have to do the evaluation for that as well even though I passed the smaller account evaluation?
If you wanted to switch the account size, you would have to do the relevant Trading Combine from Step 1. However, you can upgrade your loss limits after $5K in profits and your maximum position size past the scaling plan after $10K in profits. This is what we typically recommend instead of starting over with a new account.
You can learn more on the scaling plan once you're in a funded account here.
Is that "as a right" or "a possibility, subject to negotiation", please?
(I ask because with the funded account's maximum permitted drawdown trailing open equity, rather than realized profits, that would be more relevant to me than increased position-sizes.)
It’s funny, I just started my combine recently, choosing Sierra Chart, but it was right as they were dropping it due to the new data feed Sierra has. I was very confused at first...what I do now, is just use Sierra Chart as normal and just overlay the TSTrader DOM over my Sierra DOM and then trade like normal. Not ideal, but it works.
You've probably heard the recent news in our industry. I wanted to take a minute to share some thoughts and talk about our values at Topstep. You can view the video here.