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I just took the TopStep $150k and passed step 1 and 2 and am now in the process of setting up my account for funding status. I am considering in addition to TopStep doing a combine for OneUp Trader. I have this one little problem. On their website, they have the quote below under FAQs:
"Is there a placement guarantee?
Yes! Hit your target, follow the rules, and you will be GUARANTEED placement with our funding partners with the SAME account size as your evaluation or we refund you 100% of your Evaluation costs."
I called them about this and was told this only applies if you are under 18 or are under investigation from the SEC. Neither applies to me. My concern is they don't say that on their website. So it's almost like an out if they don't want to fund you. The guy on the phone gave me his "word" but verbal means nothing.
Is anyone aware of actual real traders getting funded with this company? I know this company is only the evaluation company and once you pass the rules you are transferred over to another company which is their funding partners. Either way, I'm wondering if anyone has actually been able to trade live with these guys if they pass all the rules or can they just say no we don't want to fund you even though you passed all our rules? Here's your money back. Thanks.
I clearly don't want to be in that situation especially with a cost of $650/month (I'm looking at the top tier level). I'm not concerned with the actual fee and the rules as I think TopStep is more stringent especially with step 2. But the fact that I was able to pass TST shows my trading style is sustainable. I have confidence I can pass the rules OneUp has in place. I just don't want to do that and pay the $650 and spend all that time just to be handed back my fees and nothing else.
So... If anyone actually passed and got funding, please reply. Thank you in advance.
Hi
Just curious about why you are trying OneUp after getting through TST.
Is it because you want a second account you can use for longer term trading as well as the TST daytrading account?
(Congratulations on getting through Step1&2 and getting funded).
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