Topstep is a multinational corporation headquartered in the United States. From 2012, the organization has been offering financial products and has special trading rules for customers from various nations. Topstep will finance its customers’ actual trading assets if they demonstrate the ability to execute trades and control risk on a simulated account. CME Group commodities and currency pairings are available for trading. Trading on actual accounts is done via the ECN brokerage Equiti Capital.
This Topstep trader review will go through the Topsteps’ features and details, pros and cons, partnership schemes, and much more.
Pros of trading with Topstep:
Because real market accounts are funded by brokers, you do not need to deposit your money in trading. The organization offers a variety of free educational resources, notably free group counseling. There are various handy ways to reach the support staff. For additional earning, the broker provides a referral scheme.
Cons of Topstep:
The service does not provide bonuses, automatic trading, or other forms of passive earnings. The customer support service is only available during specific weekly hours.
Services offered by Topstep:
- Economic Calendar: Many schedule and financial events are already highlighted in this area. The data will assist you in adjusting your trading plan and anticipating market movements.
- Latest news: You’lldiscover the most recent financial news, media announcements, trading group information, and more. Using filters, you may pick themes of interest or publications by certain writers.
- Futures Magazine: The journal offers data on the most recent trading headlines, asset categories, and certain other facts that brokers may actively employ.
- Coaching: You’ll get free group counseling from trade specialists along with digital guidance to assist you strengthen your dedication and design your trading approach.
- Help Desk: The customer support service isn’t always available, in the majority of circumstances, you may address the problem by visiting this area, which provides all of the details you’ll need to know prior beginning project at Topstep.
Topstep’s affiliate programme:
By joining in Topstep’s affiliate programme, you may earn extra money. All required resources, such as marketing resources, advertising tactics, and plans, are provided by the broker. You must recruit new active Topstep members by posting a personal affiliate links on the platform. You’ll receive a bonus for every customer you bring in. Members in the affiliate program get monthly fees from the broker, as well as resources and equipment.
Topstep Trading Terms and conditions
You may register a Forex trading as well as a futures markets account. The brokerage provides three sorts of accounts, which differ dependent on the trader’s buying power. Whenever you begin trading on the main account, you should first complete the required training on a simulated account. If your outcomes are positive, you can on to real trading. A monthly cost is charged for utilizing a simulated account. On live account, customers do not have to reload their login because trading is paid by Topstep broker. Trading takes place on systems that are intended to exchange currency pairs or commodities.
On the End note
Topstep is a platform for active traders who want to enhance their trading abilities. The firm collaborates with customers irrespective of trading expertise and considers the outcomes of trade on a simulated account when creating an account.