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TopstepTrader's Michael Patak (Founder) - Ask Me Anything (AMA)
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TopstepTrader's Michael Patak (Founder) - Ask Me Anything (AMA)

  #1021 (permalink)
Trading for Profit
Atlanta GA USA
 
Trading Experience: Advanced
Platform: thinkorswim/Ninja Trader
Favorite Futures: stock options; ES, CL, TF, 6E, 6J
 
Posts: 250 since Aug 2013
Thanks: 64 given, 231 received


Fibbee View Post
Reinstitute the pay for a combine and trade till you make or break. This 30 day subscription hamster wheel is not cool.

That is not going to get changed. That is how the business model makes money. Not a criticism, just a fact. Profit split on funded traders is just gravy.

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  #1022 (permalink)
Elite Member
Washington, DC
 
Trading Experience: Intermediate
Platform: Ninja and TOS
Broker/Data: Ninja
Favorite Futures: CL, ES
 
SawDr's Avatar
 
Posts: 65 since Dec 2009
Thanks: 92 given, 47 received


emini2000 View Post
That is not going to get changed. That is how the business model makes money. Not a criticism, just a fact. Profit split on funded traders is just gravy.

Yep - I'm getting dinged now for this monthly fee (in Stage 2). Was grandfathered for a while - will be cancelling soon and moving to Earn2Trade.

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  #1023 (permalink)
Elite Member
ALICANTE
 
Trading Experience: Beginner
Platform: Sierra
Favorite Futures: ES, CL, NQ, GC
 
bmmartin's Avatar
 
Posts: 11 since Feb 2010
Thanks: 254 given, 11 received

Question about platform change of choice in funded account


Hello,

Does the choice of a platform in the combine conditions the platform that will be used in the funded account?

E.g: if I choose Sierra for the combine, will I be able to switch to TSTrader in the funded account or am I forced to continue with my choice of Sierra?

Thanks,

bmmartin

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  #1024 (permalink)
 Vendor: www.topsteptrader.com 
Chicago, IL
 
Trading Experience: Advanced
Platform: TSTrader, NinjaTrader...
Favorite Futures: ALL- Futures, Forex, Equities
 
TopstepTrader's Avatar
 
Posts: 238 since Feb 2013
Thanks: 55 given, 684 received


bmmartin View Post
Hello,

Does the choice of a platform in the combine conditions the platform that will be used in the funded account?

E.g: if I choose Sierra for the combine, will I be able to switch to TSTrader in the funded account or am I forced to continue with my choice of Sierra?

Thanks,

bmmartin

Hi, @bmmartin. Yes, you can trade on a different platform once you are funded. However, we will require you to go through a short practice period so we know you're comfortable trading on the different platform.

If you have any questions about our products or services at TopstepTrader, please send me a Private Message or use the FIO "Ask Me Anything" thread.
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The following 2 users say Thank You to TopstepTrader for this post:
 
  #1025 (permalink)
Trading Apprentice
Vancouver
 
Trading Experience: Advanced
Platform: IB
Favorite Futures: CL
 
Posts: 26 since Apr 2018
Thanks: 15 given, 7 received


SawDr View Post
Yep - I'm getting dinged now for this monthly fee (in Stage 2). Was grandfathered for a while - will be cancelling soon and moving to Earn2Trade.



What do you mean grandfathered in ? Was there a change in rule where you now have to pay for a fee ?

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  #1026 (permalink)
Elite Member
Washington, DC
 
Trading Experience: Intermediate
Platform: Ninja and TOS
Broker/Data: Ninja
Favorite Futures: CL, ES
 
SawDr's Avatar
 
Posts: 65 since Dec 2009
Thanks: 92 given, 47 received

If you were already in stage 2 you didn't have to pay the new monthly fee until a couple of months ago. Now you pay monthly fees, combine charges and re-set charges. I've chosen not to participate in their new business model.

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  #1027 (permalink)
Elite Member
North vancouver
 
Trading Experience: Beginner
Platform: Ninjatrader, Firetip
Favorite Futures: ES YM
 
Posts: 115 since Oct 2016
Thanks: 102 given, 32 received


SawDr View Post
If you were already in stage 2 you didn't have to pay the new monthly fee until a couple of months ago. Now you pay monthly fees, combine charges and re-set charges. I've chosen not to participate in their new business model.

It was one year ago.

Sent using the futures.io mobile app

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  #1028 (permalink)
Elite Member
Washington, DC
 
Trading Experience: Intermediate
Platform: Ninja and TOS
Broker/Data: Ninja
Favorite Futures: CL, ES
 
SawDr's Avatar
 
Posts: 65 since Dec 2009
Thanks: 92 given, 47 received


skfutures View Post
It was one year ago.

Sent using the futures.io mobile app

? If you were grandfathered and in an active Stage 2 the monthly started Nov 2018

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The following user says Thank You to SawDr for this post:
 
  #1029 (permalink)
Trading Apprentice
Vancouver
 
Trading Experience: Advanced
Platform: IB
Favorite Futures: CL
 
Posts: 26 since Apr 2018
Thanks: 15 given, 7 received


SawDr View Post
If you were already in stage 2 you didn't have to pay the new monthly fee until a couple of months ago. Now you pay monthly fees, combine charges and re-set charges. I've chosen not to participate in their new business model.



Wow I hate when businesses try to sneak in some extra cash -.- smh

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  #1030 (permalink)
Trading Apprentice
Vancouver
 
Trading Experience: Advanced
Platform: IB
Favorite Futures: CL
 
Posts: 26 since Apr 2018
Thanks: 15 given, 7 received



SawDr View Post
Yep - I'm getting dinged now for this monthly fee (in Stage 2). Was grandfathered for a while - will be cancelling soon and moving to Earn2Trade.



Why choose to move to earn2trade ? Arent they a bit pricier per month ?

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