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After ten years of funding traders, we’ve learned what it means to be an industry leader. We learned the importance of flexibility in an ever-changing marketplace, allowing our product and team to evolve. We learned that there’s no substitute for world-class customer support. And most importantly, we learned that listening to our traders and community members is what makes Topstep stand out as the premier futures funding opportunity.
As the funding industry turns ten years old this month, our team took on the challenge of improving the Topstep program. Below you will find details about the first three program updates we have successfully launched over the past few weeks. And we’re done yet. We are dedicated to continuing our role as a leader in the futures funding space and plan to roll out even more exciting updates in the coming months. None of this would be possible without YOUR help and feedback.
Historically, in traditional proprietary trading firms, the highest profit splits are reserved for the top-tier traders who bring the firm the highest value. At Topstep, we believe everyone who passes the Trading Combine® is a top-tier trader. We also understand that trading isn’t easy, and you should be rewarded for your hard work.
Trading isn’t easy; that’s why we designed the Trading Combine the way it is. Its purpose is to evaluate a trader’s readiness to take on the responsibility of managing our money. By demonstrating your readiness to us, you have also shown that you have put in the time and done the work to set yourself up for long-term success as a futures trader.
And so, effective immediately, we are upping the profit split for all funded traders from 80/20 to 90/10. This means that whenever you request a payout from your Funded Account®, you will receive 90% of the profits. In addition, all Funded Accounts are now eligible for the 90/10 profit split, and don’t forget, you also get to keep 100% of the first $5,000 you make!
Based on feedback from our community, we discovered that the amount of time for traders to receive their money after requesting a payout was inconsistent. So, this fix was a no-brainer. Naturally, we want you to get your money fast. We didn’t hesitate to put this project right at the top of the list, and we went to work optimizing the payout process.
We created a quicker, simpler, and more seamless process for requesting payouts right from your Topstep Dashboard. And the best part is, if you request a payout before 10:00 AM CT, your payment will be processed the same day!
One thing to keep in mind is that each bank is different, and the amount of time they take to process your payout is out of our control. But rest assured, we have done everything in our power to get your money from the brokerage account to your bank account as fast as possible.
In the spirit of rewarding your hard work, we’ve put together another special bonus for our funded traders. This one is called the First Payout Bonus. We will do this; when you request your first payout from a new Funded Account, we will refund you the equivalent of your last monthly subscription payment.
Our thought process behind the first payout bonus is to give you an added sense of security while you’re getting close to the end of your Trading Combine. We don’t want you to feel that you need to meet another objective within a specific timeframe just to avoid another billing cycle. This bonus rewards your patience and diligent trading practices, so take your time and try not to rush into anything!
Trade Well!
