Anybody heard of topsteptrader (review) - Trading Reviews and Vendors | futures io social day trading
futures io futures trading


Anybody heard of topsteptrader (review)
Updated: Views / Replies:157,293 / 811
Created: by supermht Attachments:26

Welcome to futures io.

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

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

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

Reply
 26  
 
Thread Tools Search this Thread
 

Anybody heard of topsteptrader (review)

  #791 (permalink)
 Vendor: www.tradecot.com 
Rochester, ny
 
Futures Experience: Advanced
Platform: Nt, ToS, rt
Favorite Futures: Crude
 
Posts: 14 since Oct 2012
Thanks: 0 given, 18 received

Topsteptrader

To add to this comment about reduced contracts, I have been thru FTP a few times. Having my combine ruined by the weekly stop loss, which is pain. Now TST isn't reducing the profit target like that have in the past, this has upped the difficulty a bit. I am in the camp of yes this sucks.
Let me explain where I think there coming from and why the change. One of their core beliefs they hold is this. "If you can trade small you can trade big." So they want to see you grind it a bit with a small account, then give you move size as you grow. Yes it sucks but it hard to argue there logic.

Reply With Quote
 
  #792 (permalink)
The fun is in the numbers
Point Roberts, WA, USA
 
Futures Experience: Advanced
Platform: IB and free NT
Broker/Data: IB
Favorite Futures: ES
 
aquarian1's Avatar
 
Posts: 2,979 since Dec 2010
Thanks: 1,070 given, 1,599 received
Forum Reputation: Legendary

@Opstar

Thanks for the PM. That clarifies things.

I had found it difficult to get one clear complete picture
see:
https://futures.io/vendors-product-reviews/27262-list-fio-traders-who-have-passe...unded-20.html#post629814

Thanks again and good trading.

Keep your mind in the future, in the now.
Reply With Quote
 
  #793 (permalink)
Elite Member
Dubai UAE
 
Futures Experience: Advanced
Platform: OEC
Favorite Futures: ES
 
Posts: 14 since Apr 2017
Thanks: 4 given, 6 received


Hi All,
Any feedback on
1) whether it's best to start $100K vs $50K combine specially with the scaling plan introduced, it really makes the benefits of bigger funded accounts not achievable except after several months.
2) if you succeed a combine, they move direct to funded or there is a step of FTP before that & is it paid for by the subscription?
3) when does the monthly subscription stop being paid? If I use Ninjatrader & already have a lifetime license.

Thanks a lot.


Sent from my iPhone using futures.io

Reply With Quote
 
  #794 (permalink)
Elite Member
Wiltshire, United Kingdom
 
Futures Experience: Beginner
Platform: TSTrader(Tradovate)
Broker/Data: Working on a TST combine
Favorite Futures: ES
 
matthew28's Avatar
 
Posts: 323 since Sep 2013
Thanks: 274 given, 379 received


mokasha View Post
Hi All,
Any feedback on
1) whether it's best to start $100K vs $50K combine specially with the scaling plan introduced, it really makes the benefits of bigger funded accounts not achievable except after several months.
2) if you succeed a combine, they move direct to funded or there is a step of FTP before that & is it paid for by the subscription?
3) when does the monthly subscription stop being paid? If I use Ninjatrader & already have a lifetime license.

Thanks a lot.


1. I would stick to thirty or fifty due to the live scaling plan you need to follow in the FTP stage.

2. The FTP stage used to be optional at their discretion but they say they realised that people who did the FTP were more successful when funded and less likely to fail when live. So now FTP is done by everybody that passes the Combine. It is free though. (The live trader scaling plan was introduced for similar reasons. After analysing live traders they saw that a lot of people were coming in and going to the full number of contracts straight away and messing it up. The scaling plan is meant to limit the amount of damage you can do in a single trade when you are starting out with them).

3. Your monthly subscription, to cover data fees and costs (and probably some profit too - it is a business), is controlled by you in your membership area. You can cancel or renew the subscription at any time. The subsription renews the same day, say on the 10th each month. A reset costs $100. If after three and a half weeks you have failed a Combine it is better to cancel that subscription, you can still trade it to the end of the month if you wish as you have access for the full month whether you cancel early or not; and then start a new subscription when the old one expires. Other wise it costs you an extra $100 as you pay a reset fee followed by a subscription fee a few days later.
You only pay the subscription for the Combine. Not as said in FTP or when live. When live though you do pay an exchange fee. This is a fee paid by you directly to the CME because if you are trading somebody else's money they classify you as a professional trader.
https://help.topsteptrader.com/hc/en-us/articles/115000174188-Do-I-have-to-pay-exchange-data-fees-


Last edited by matthew28; July 7th, 2017 at 04:45 AM.
Reply With Quote
The following 3 users say Thank You to matthew28 for this post:
 
  #795 (permalink)
Get In, Get Out, Get Paid
Springfield, MO/USA
 
Futures Experience: Advanced
Platform: Jigsaw
Broker/Data: AMP CQG
Favorite Futures: ZN, ZB
 
Heph333's Avatar
 
Posts: 42 since Oct 2009
Thanks: 48 given, 66 received

I just started a 150k Combine and got a big surprise when I saw that the commissions being deducted were about 25% higher than what is published in their faq & what is charged in a live account. This throws a huge artificial barrier up for scalpers like me. My first request to support was not addressed sufficiently, so I am going to give them one more chance before I demand a refund.

Sent using the futures.io mobile app

Reply With Quote
The following user says Thank You to Heph333 for this post:
 
  #796 (permalink)
Trading Apprentice
Austria
 
Futures Experience: Intermediate
Platform: TradeNavigator
Favorite Futures: ES, CL, GC, 6E
 
Posts: 38 since Jan 2017
Thanks: 0 given, 19 received

Sorry, but $ 3.68/roundturn are a huge barrier? This commission are absolute ok.

Reply With Quote
The following user says Thank You to tr8er for this post:
 
  #797 (permalink)
Get In, Get Out, Get Paid
Springfield, MO/USA
 
Futures Experience: Advanced
Platform: Jigsaw
Broker/Data: AMP CQG
Favorite Futures: ZN, ZB
 
Heph333's Avatar
 
Posts: 42 since Oct 2009
Thanks: 48 given, 66 received

I trade 10 year Treasury Notes exclusively. Yes.... an extra .90 RT is inexcusable

Sent using the futures.io mobile app

Reply With Quote
 
  #798 (permalink)
Trading Apprentice
Austria
 
Futures Experience: Intermediate
Platform: TradeNavigator
Favorite Futures: ES, CL, GC, 6E
 
Posts: 38 since Jan 2017
Thanks: 0 given, 19 received

Sorry, but the rules are crystal clear $3.68/roundturn for each product in the combine. Not sure what the problem is.

Reply With Quote
 
  #799 (permalink)
Get In, Get Out, Get Paid
Springfield, MO/USA
 
Futures Experience: Advanced
Platform: Jigsaw
Broker/Data: AMP CQG
Favorite Futures: ZN, ZB
 
Heph333's Avatar
 
Posts: 42 since Oct 2009
Thanks: 48 given, 66 received

Could you please show me where that is published on their site? I have not veen able to find it.

Sent using the futures.io mobile app

Reply With Quote
 
  #800 (permalink)
Trading Apprentice
Austria
 
Futures Experience: Intermediate
Platform: TradeNavigator
Favorite Futures: ES, CL, GC, 6E
 
Posts: 38 since Jan 2017
Thanks: 0 given, 19 received


https://help.topsteptrader.com/hc/en-us/articles/115007397528-How-to-Update-commissions-in-NinjaTrader-8-custom-download

Reply With Quote

Reply



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

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Battlestations: Show us your trading desks and win $750 in prizes

August
 

Ask Me Anything (AMA) w/Rod Casilli @ Collective2

Aug 23
 

Prototyping Python Strategies (part 3, Live Trading) w/Ran Aroussi [1PM ET]

Elite only
 

Develop Strategies and Perfect Execution w/Brannigan Barrett @ Axia Futures

Elite only

Introduction to Phillip Capital futures brokerage services

Aug TBD

How Monte Carlo Analysis Can Help Your Trading w/Kevin Davey

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Webinar: TopstepTrader on Discipline/Psychology (Michael Patak and John Hoagland) Big Mike Psychology and Money Management 25 April 28th, 2017 02:36 PM
Have you heard about XYZ? Lornz Trading Reviews and Vendors 20 February 1st, 2017 06:03 PM
Webinar: Topsteptrader on Discipline and Risk to be successful Big Mike Psychology and Money Management 16 June 10th, 2014 01:45 PM
Has anyone ever heard of invest33.com? energetic Trading Reviews and Vendors 14 October 21st, 2013 05:12 PM
Anyone heard of EOTPRO? h4cked Trading Reviews and Vendors 31 December 5th, 2012 03:25 PM


All times are GMT -4. The time now is 01:41 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
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
Page generated 2017-08-17 in 0.08 seconds with 19 queries on phoenix via your IP 54.196.18.46