Anybody heard of topsteptrader (review) - futures io
futures io

Anybody heard of topsteptrader (review)

Discussion in Trading Reviews and Vendors

      Top Posters
    1. looks_one Big Mike with 90 posts (231 thanks)
    2. looks_two bobwest with 85 posts (208 thanks)
    3. looks_3 omni72 with 33 posts (86 thanks)
    4. looks_4 syxforex with 31 posts (41 thanks)
      Best Posters
    1. looks_one Topstep with 3.6 thanks per post
    2. looks_two Big Mike with 2.6 thanks per post
    3. looks_3 omni72 with 2.6 thanks per post
    4. looks_4 bobwest with 2.4 thanks per post
    1. trending_up 308,278 views
    2. thumb_up 1,789 thanks given
    3. group 389 followers
    1. forum 932 posts
    2. attach_file 30 attachments

Welcome to futures io: the largest futures trading community on the planet, with well over 150,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

Search this Thread

Anybody heard of topsteptrader (review)

(login for full post details)
  #11 (permalink)
Naperville IL
Experience: Intermediate
Platform: ninjatrader
Broker: NT broker
Trading: NQ ES 6E GC CL
Posts: 960 since Feb 2010
Thanks: 1,189 given, 661 received

funny, I am going to join combine program, but they run away. haha

Started this thread Reply With Quote

Can you help answer these questions
from other members on futures io?
CME 2023 Fee Increases (MES +16%!)
Traders Hideout
IKYP - How I solved email troubles on VPS
strategy builder help
Traders Hideout
Asking Wall Street Billionaire for Investment Advice
Psychology and Money Management
Best Threads (Most Thanked)
in the last 7 days on futures io
1 Tick from the ES/Per day
18 thanks
CME 2023 Fee Increases (MES +16%!)
13 thanks
Looking for EasyLanguage Programmer (TS)
11 thanks
Want your NinjaTrader indicator created, free?
9 thanks
top trading courses
7 thanks
(login for full post details)
  #12 (permalink)
Experience: Intermediate
Platform: ninja
Trading: NQ
cory's Avatar
Posts: 6,096 since Jun 2009
Thanks: 877 given, 8,044 received

looks like it get hacked , twitter ok tho!/topsteptrader

Reply With Quote
The following user says Thank You to cory for this post:
(login for full post details)
  #13 (permalink)
Honolulu, Hawaii
Experience: Intermediate
Platform: NinjaTrader
Broker: ATC/TT, AMP/Zen-Fire, AMP/CQG
Trading: TF
bluemele's Avatar
Posts: 2,547 since Jun 2010
Thanks: 3,803 given, 2,840 received

They must be extremely popular because it has been a few days...

Visit my futures io Trade Journal Reply With Quote
(login for full post details)
  #14 (permalink)
Experience: Intermediate
Platform: Ninja
Trading: es
Posts: 22 since Aug 2009
Thanks: 29 given, 22 received

Hey gang,

So I've actually been on TopStep for months It is a serious program. It took me months to meet the goal and quite frankly the discipline and parameters they set are strict but attainable.

Sure you can Sim Trade for free on Ninja and what not but the amount of value you get for the $120 is pretty astounding.

First of all the Chatroom has become a very good resource. They bring in Live traders from the floor or sometimes call up traders and discuss market thoughts and dynamics. They have truly built a community as well. There are sometimes over 150 traders in the main "Lounge" and some of the traders share their charts and thoughts on market direction. It is by no means a "call room" though. It is an educational room. They try to get people engaged with the markets by implementing mini "games" such as "You make the call" or "Best/Worst" trade of the day. It's a great way to get newbies interested in the markets without all the artificial "mystique". Eddie the main broadcaster has been on the floor for over 20 years and provides neutral and entertaining insight. Along with Hoag another fellow Floor Trader/Broadcaster, they've been VERY instrumental in the opening hour deciphering Pit Noise and commentating on what the Pit traders and Banks are doing.

Secondly the software you get is very efficient. It is not pretty but it gets the job done. There are many gripes to be had for sure...the stop placement and the moving DOM is really very annoying but like I said it was built by engineers and not User Interface people. I've been on the CBOT floor and besides Trading Technologies X Trader almost all other traders use the T4 software. It is efficient and not too many bells and whistles but it handles the volatility we've been having fairly well. Also even on SIM they instill a strict stop management program. They WILL stop you out of your SIM position on the COMBINE to enforce discipline. You will NOT be taken Live if you violate their stops too many times. I can talk about this more later for those interested. I've blown out my fair share of accounts due to lack of discipline, emotional trading or over trading. They make sure you are penalized for such actions. EVEN ON SIM. The value of having stupid trading taken away from you is worth the trouble.

Third - Market Data - For $120 bucks a month by joining the combine you get access to almost ALL Live Futures quotes. All CME Equity Indices NQ, ES, YM etc, Also you get GC, CL and all currency futures like the 6E as well. Take a look at how much this costs with Esignal, Qcharts, Tradestation and the like. It is cheaper than those guys AND you get a Chatroom w/Pit Noise and possibly access to capital if you can prove you can trade.

They have seriously brought the barrier of entry to trading down to the masses. They are simply casting a VERY wide net and hoping to catch some good traders. It is a Scouting Agency... How long those traders actually stay is another matter...

By no means is this meant for everyone and I'm sure many "serious" traders will be turned off by some of the banter in the chatroom but it does provide a useful service. Because quite frankly if you can't make it past the Combine ie earning 6k in one month with $1k stops or the Accelerated Combine earning 2k in one week with $500 stops...maybe you really shouldn't be trading real money at all. Again they are looking for a fairly specific niche of trader. If your risk/reward ratio or your drawdowns cannot survive 1-2 contracts with $500-$1000 loss then this is not the option for you. I'm not saying you shoudn't be trading but this is not the firm for you. They give you the ability to trade up to 5 contracts and beyond..that is a lot of fire power that I don't recommend anyone new using the full 5 contracts. You should start with 1-2 and focus on certain 2 markets and build from there.

Had this program existed when I first started trading I wouldn't have pissed away thousands of dollars on stupid days doing stupid trades. I used to have weeks and months of profitability but would blow out accounts due to emotional over trading and not adhering to my stops. Some days you will get "bad beats" and get stopped out or close to the stop limit but just move on and come back the next day. Quite frankly TopStep is instilling that discipline and I maybe using it as crutch but it is a useful crutch at this point in time.

I'm sure there will be many loopholes people will find but this is a pretty transparent company. In fact, they have a daily session "Drill the Scout" where you can ask the Head Scout basically anything you want in regards to the company and trading.

Obviously I'm very biased bout everything as I have been with the firm for months. They are a Startup so lot of bumps in the road to be had. But I'd be happy to answer any questions. There is also a way to get a 30min delayed version of the software and charts for free for a month. The Chatroom will be Live though. For a free trial just PM me and I'll get you an invite.

I'm "Mavin" in the chatroom btw for any fellow Big Mike Trading folks.

G'Trading All!

Reply With Quote
The following 14 users say Thank You to mavinwiz for this post:
(login for full post details)
  #15 (permalink)
Honolulu, Hawaii
Experience: Intermediate
Platform: NinjaTrader
Broker: ATC/TT, AMP/Zen-Fire, AMP/CQG
Trading: TF
bluemele's Avatar
Posts: 2,547 since Jun 2010
Thanks: 3,803 given, 2,840 received

T4 is rubbish in my opinion. I played with it, and don't get it.

I am sure it is a fun program though. If they switched to Ninja or some other decent software, then I would consider toying with it.

Visit my futures io Trade Journal Reply With Quote
(login for full post details)
  #16 (permalink)
Experience: Intermediate
Platform: NinjaTrader
Trading: Spoon
Posts: 18 since Aug 2011
Thanks: 2 given, 4 received

bluemele View Post
T4 is rubbish in my opinion. I played with it, and don't get it.

I am sure it is a fun program though. If they switched to Ninja or some other decent software, then I would consider toying with it.

Yes I agree with you, why not a Ninja??T4 is bullshit.

Reply With Quote
(login for full post details)
  #17 (permalink)
Boston MA
Experience: Intermediate
Platform: NinjaTrader
Broker: Ninja/CQG
Trading: ES, ZB, CL
Posts: 259 since Apr 2010
Thanks: 343 given, 118 received

Fat Tails View Post
If you want to become a TopStep trader, you first have to call Melissa Footlick.

See press release: TopstepTrader Launches Unique Approach at Scouting for Traders -

I am not a native English speaker, so I don't know whether it is funny, but I think it is ...

Hello FatTails,

Yes, Melissa Footlick is funny. Wouldn't have thought you would have time for this.
By the way, how about doing 1x 2x extensions for OR much like as the IB extensions.

Follow me on Twitter Reply With Quote
(login for full post details)
  #18 (permalink)
 Big Mike 
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
Experience: Advanced
Platform: Custom solution
Trading: Futures & Crypto
Big Mike's Avatar
Posts: 50,183 since Jun 2009
Thanks: 32,682 given, 99,713 received

TopstepTrader is tentatively scheduled for a webinar Q&A and introduction in February. As I get more details and a hard date, I'll put it on the schedule.


We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:

Visit other sites? Please spread the word about your experience with our community!
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following 8 users say Thank You to Big Mike for this post:
(login for full post details)
  #19 (permalink)
Experience: Beginner
Platform: NinjaTrader
Posts: 73 since Jun 2009
Thanks: 11 given, 53 received

does anyone know of any other companies similar to this one?

Reply With Quote
(login for full post details)
  #20 (permalink)
San Diego
Experience: Beginner
Platform: NinjaTrader
Broker: AMP / CQG
Trading: CL, ES, NQ
BeachTrader's Avatar
Posts: 310 since Nov 2011
Thanks: 153 given, 429 received

Looking forward to the presentation. I would consider joining the Combine if only to use it to improve my trading as I think mavinwiz mentioned in an earlier post. Will decide after seeing what they have to say.

Reply With Quote

futures io Trading Community Trading Reviews and Vendors > Anybody heard of topsteptrader (review)

Last Updated on March 7, 2022

Upcoming Webinars and Events

NinjaTrader Indicator Challenge!


Copyright © 2022 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada),
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts