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topstep trader competitors


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topstep trader competitors

  #1 (permalink)
 
TickedOff's Avatar
 TickedOff 
Sydney, NSW, Australia
 
Experience: Intermediate
Platform: NinjaTrader with Jigsaw DOM
Trading: CL, 6E, ES, Piano
Posts: 264 since Nov 2014
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Thanks Received: 250

are there any quality competitors to topstep trader worth considering for getting funding?

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  #3 (permalink)
 
matthew28's Avatar
 matthew28 
United Kingdom
Elite_Member
 
Experience: Beginner
Platform: Bookmap
Broker: Stage 5, Rithmic
Trading: US Equity Index Futures
Posts: 1,250 since Sep 2013
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The only online alternatives that I am aware of, for retail traders to trade from their own homes, are both already mentioned on this website:

One Up Trader


Earn2Trade

or


As for their quality the early iterations of the first one, MES and FuturesProfile weren't positive but that doesn't necessarily mean One Up is bad.
Earn2Trade are new to the market but they did a webinar here a week or so back.

You do not win as a trader, you just get to play again the next day. If that game doesn’t appeal to you then you should not trade. Gary Norden
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  #4 (permalink)
 RDK91 
Antwerp
 
Posts: 455 since Jun 2016

There also is Savius Trader, however there is not much information on their website or to be found online.
The interesting thing about Savius is that they will refund your initial fee if you pass the challenge.

https://www.saviusllc.com/become-a-savius-trader-2/

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  #5 (permalink)
 
jonnytrade's Avatar
 jonnytrade 
Moscow/Russia
 
Experience: Intermediate
Platform: Investor RT, Overcharts
Broker: NT Brokerege/Rithmic
Trading: NQ,YM,CL,GC
Posts: 434 since Apr 2016
Thanks Given: 53
Thanks Received: 255

If you from NYC and you want grow together with prof. traders you can look on SMB Futures.
Tryout cost: 325$
Profit split: 50%
I think for remotely this rule worse then in TST. How i told before it best prop with real desk.

https://smbcapital.lpages.co/smb-futures-proprietary-trading/

Best regards and work,work,work

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  #6 (permalink)
 
TickedOff's Avatar
 TickedOff 
Sydney, NSW, Australia
 
Experience: Intermediate
Platform: NinjaTrader with Jigsaw DOM
Trading: CL, 6E, ES, Piano
Posts: 264 since Nov 2014
Thanks Given: 229
Thanks Received: 250


jonnytrade View Post
If you from NYC and you want grow together with prof. traders you can look on SMB Futures.
Tryout cost: 325$
Profit split: 50%
I think for remotely this rule worse then in TST. How i told before it best prop with real desk.

https://smbcapital.lpages.co/smb-futures-proprietary-trading/

Best regards and work,work,work

Thats a great way to get your foot in the door in their firm. they are very selective and have a very high work ethic from the books I read. Although it is quite expensive what they charge and the profit split isnt great. Just to be in their culture, its probably worth it.

Understanding yourself is just as important as understanding markets.
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  #7 (permalink)
 
master trader's Avatar
 master trader 
Calgary AB, Canada
 
Experience: Master
Platform: NinjaTrader
Broker: Zen-Fire
Trading: CL, GC, ZB
Posts: 124 since Apr 2010
Thanks Given: 43
Thanks Received: 41

I noticed that none of these funding firms use the CQG feed, only Rythmic. As a result none of the firms support the MT5 platform. Anyone noticed otherwise?

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  #8 (permalink)
 
matthew28's Avatar
 matthew28 
United Kingdom
Elite_Member
 
Experience: Beginner
Platform: Bookmap
Broker: Stage 5, Rithmic
Trading: US Equity Index Futures
Posts: 1,250 since Sep 2013
Thanks Given: 3,500
Thanks Received: 2,532


master trader View Post
I noticed that none of these funding firms use the CQG feed, only Rythmic. As a result none of the firms support the MT5 platform. Anyone noticed otherwise?

TST platforms are mostly Rithmic but their recommended platform, TSTrader, uses CQG.
(They also have another non-Rithmic option with the T4 platform).
https://help.futures.topstep.com/hc/en-us/articles/115010515748-Platform-Comparison-

You do not win as a trader, you just get to play again the next day. If that game doesn’t appeal to you then you should not trade. Gary Norden
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  #9 (permalink)
 
master trader's Avatar
 master trader 
Calgary AB, Canada
 
Experience: Master
Platform: NinjaTrader
Broker: Zen-Fire
Trading: CL, GC, ZB
Posts: 124 since Apr 2010
Thanks Given: 43
Thanks Received: 41


matthew28 View Post
TST platforms are mostly Rithmic but their recommended platform, TSTrader, uses CQG.
(They also have another non-Rithmic option with the T4 platform).
https://help.futures.topstep.com/hc/en-us/articles/115010515748-Platform-Comparison-

If their platform uses CQG, what's the problem supporting MT5? I haven't seen any funding firm supporting MT5. Anyone?

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  #10 (permalink)
 tr8er 
Europe
Legendary Market Wizard
 
Experience: Advanced
Platform: TradeNavigator, BookMap
Trading: ES, CL, 6E, 6B
Posts: 704 since Jan 2017
Thanks Given: 220
Thanks Received: 709


TST uses CQG only for their TSTrader (which is a white-label platform from Tradovate) and the broker is of course also Tradovate). The only broker I know, which allows MT5 is AMP and AMP isn't a TST broker.

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