From a former funded trader.
I have been funded by TopstepTrader, kicked out, and refunded again. Read all about my story here. But for now, let me tell you about the company and why you should give them a shot.
Is TopstepTrader a Legitimate Business?
Yes, TopstepTrader is a trade name for the prop firm held under the umbrella company, Patak Trading Partners, founded my Michael Patak.
Is TopstepTrader A Scam?
No. This is a legitimate type of proprietary trading firm that funds talented traders fully and absorbs all the risk for them.
Proprietary trading (also known as “prop trading”) occurs when a trader trades stocks, bonds, currencies, commodities, their derivatives, or other financial instruments with the firm’s own money
wikipedia
Trading School’s unbiased assessment has the overall rating for TopstepTrader at 4.8 out of 5 stars.
They say of TopstepTrader:
A high level and legitimate trading opportunity. This company does in fact award a massive amount of trading capital to aspiring traders. High success rate. Many lives have been changed for the better by this company. The company does not care about age, or education level, anyone with the grit and determination to succeed is invited.
Trading Schools
Another high traffic, trusted investment blog, Modest Money says of TopstepTrader:
TopStepTrader is a funded trader program that helps futures and forex traders get funded. With 14 trading platforms supported, our TopStepTrader review recommends it as one of the best day trading platforms to learn and succeed.
Modest Money
Is TopstepTrader Expensive
TopstepTrader is free to try for a trial period. Otherwise you are responsible for paying a few hundred dollars a month in order to trade with hundreds of thousands of dollars of risk free capitol. I wouldn’t look at this in terms of cost, but in terms of value. You can get a funded trading account for exponentially less money then what they give you to trade risk free.
And like with me, I can give you 20% off their program if you want to sign up through this link for Futures, and this link for Forex.