FTMO vs TopStep – Elite Prop Firms Comparison

# FTMO vs TopStep: Comprehensive Comparison

## Introduction

FTMO (Funding Talent Management Program) and TopStep are two leading proprietary trading evaluation platforms designed to help aspiring futures traders gain access to funded trading accounts. FTMO offers flexible evaluation programs with various account sizes and competitive pricing structures, focusing on providing traders with clear pathways to funding. TopStep, founded in 2012, is one of the most established names in the trader funding industry, offering a comprehensive Trading Combine® evaluation system with educational resources and coaching support. On Trustpilot, TopStep maintains a rating of approximately 4.4/5 from over 2,000 reviews, while FTMO is a newer platform still building its review portfolio. Both platforms cater to futures traders seeking to prove their skills and trade with substantial capital without risking their own money.

Quick Comparison

Feature FTMO TopStep
JoinProp # FTMO vs TopStep: Comprehensive Comparison JoinProp # FTMO vs TopStep: Comprehensive Comparison
Founded 2022 2012
Trustpilot Rating New Platform (Limited reviews) 4.4/5 (2,000+ reviews)
Account Sizes $25K – $250K $50K – $150K
Profit Split Up to 90% Up to 100% (first $5K), then 90%
Evaluation Style One or Two-Step Challenge Trading Combine®
Review Read full review Read full review

Program TypePs – Which experience fits your goals?

Program FTMO TopStep
Standard Evaluation Two-Step Challenge with profit targets and drawdown limits Trading Combine® – 14-day minimum evaluation period
Express Options One-Step Challenge available for faster funding Express Combine® available with accelerated timeline
Practice/Demo Demo accounts available before purchase Free trial available to test platform
Educational Support Basic trading resources and guidelines Comprehensive coaching, webinars, and educational content
Account Scaling Available based on consistent performance Step-Up Program allows account growth to $250K+

Assessment Criteria – How can you pass the test?

Criteria FTMO TopStep
Profit Target (Phase 1) 8-10% depending on account size $3,000 – $9,000 depending on account size
Profit Target (Phase 2) 5% (Two-Step Challenge) $3,000 – $9,000 (consistency requirement)
Maximum Daily Loss $1,000 – $5,000 based on account $1,000 – $3,000 based on account size
Maximum Trailing Drawdown $2,000 – $10,000 based on account $2,000 – $6,000 based on account size
Minimum Trading Days No minimum requirement 5 trading days minimum in Combine
Time Limit Unlimited for most programs 120 days for standard Combine
Consistency Rule No specific consistency rule Best day cannot exceed 50% of total profits

Fees and Pricing – How much will you pay?

Option FTMO TopStep
Entry Level ($25K-$50K) $99 – $165 one-time $165 per month (subscription)
Mid Tier ($75K-$100K) $199 – $299 one-time $325 per month (subscription)
Premium ($150K+) $499 – $599 one-time $375 – $400 per month
Reset Fee Same as initial fee (discounts available) Same as monthly subscription
Refundable? Varies by program Fee refunded after first Funded Account payout
Coupons Coupon Code Coupon Code
Review Read full review Read full review

Platforms/Tools – What can you use?

Platform FTMO TopStep
Trading Platforms NinjaTrader, TradingView (select programs) NinjaTrader, TradeOvate, Quantower
Data Feed Included with evaluation Free Rithmic or TopStep data feed
Mobile Trading Available through supported platforms Available via supported platforms
Custom Indicators Allowed on supported platforms Allowed on all platforms
Automated Trading Permitted with restrictions Allowed with proper disclosure
News Feed Through platform providers Integrated news and economic calendar

Available Markets/Products

Market FTMO TopStep
Index Futures E-mini S&P, Nasdaq, Dow, Russell All major U.S. index futures
Energy Futures Crude Oil, Natural Gas Full energy complex available
Metals Gold, Silver Gold, Silver, Copper
Agricultural Limited availability Corn, Soybeans, Wheat, and more
Currency Futures Major pairs available EUR, GBP, JPY, and others
Micro Contracts Supported on select accounts All micro futures available
Position Limits Varies by contract and account size Specific limits per contract type

Support and Community

Support Feature FTMO TopStep
Customer Support Hours Email support, business hours Live chat and email, extended hours
Response Time 24-48 hours typical Same day during business hours
Live Coaching Not included Regular webinars and live trading rooms
Trading Community Discord channel available Active Discord, forums, and social media
Educational Resources Basic guides and FAQs Extensive library, courses, and podcasts
Success Stories Featured trader interviews Regular trader spotlights and case studies

Conclusion and Final Recommendation

Key Element FTMO TopStep
Strengths Lower one-time fees, higher profit splits (up to 90%), flexible evaluation options, larger account sizes available, no time limits on most programs Established reputation, comprehensive education, strong community support, fee refund after first payout, multiple platform options, proven track record since 2012
Weaknesses Newer platform with less track record, limited educational resources, smaller community, fewer platform integrations, less extensive support Monthly subscription model more expensive over time, stricter consistency rules, time limits on evaluation, lower maximum account sizes, 50% best day rule can be challenging
Best For Experienced traders seeking lower upfront costs, those who prefer one-time fees over subscriptions, traders who want larger account sizes, and those confident in passing quickly Beginning to intermediate traders who value education and coaching, those who want an established platform with proven payout history, traders seeking comprehensive support and community
Final Grade 4.0/5 4.5/5
Discount Codes Coupon Code Coupon Code
Review Read full review Read full review

## FAQ

What makes FTMO popular among users?

FTMO has gained popularity primarily due to its competitive one-time fee structure rather than monthly subscriptions, making it more cost-effective for traders who can pass evaluations quickly. The platform offers higher profit splits of up to 90% and provides access to larger account sizes (up to $250K) compared to many competitors. Additionally, FTMO’s flexible evaluation options, including one-step and two-step challenges without strict time limits, appeal to traders who prefer working at their own pace without the pressure of monthly recurring charges.

How does TopStep differ from other similar organizations?

TopStep stands out as one of the pioneers in the funded trader industry, having operated since 2012 with an established track record of funding thousands of traders. Unlike many competitors, TopStep offers a comprehensive educational ecosystem including live coaching, regular webinars, trading rooms, and an extensive content library. Their unique fee refund policy returns the evaluation cost after your first funded account payout, and their Step-Up program allows successful traders to scale their accounts beyond initial limits. TopStep also maintains strong relationships with multiple platform providers and offers a vibrant trading community that many traders cite as invaluable for their development.

Which platform is more cost-effective: FTMO or TopStep?

Cost-effectiveness depends on your trading timeline and success rate. FTMO charges one-time fees ranging from $99 to $599 depending on account size, which is more economical if you pass quickly or on your first attempt. TopStep’s monthly subscription model ($165-$400/month) can become expensive if you need multiple attempts or extended time to pass. However, TopStep refunds your evaluation fee after your first funded payout, which can offset the higher initial cost. For experienced traders confident in passing within 1-2 months, FTMO offers better value. For traders who need education, support, and potentially longer evaluation periods, TopStep’s comprehensive package may justify the higher monthly investment.

Can I use automated trading strategies with FTMO and TopStep?

Both platforms allow automated trading strategies, but with specific requirements and restrictions. FTMO permits automated trading on their evaluation and funded accounts, though traders should review their specific rules regarding strategy disclosure and execution methods. TopStep also allows automated trading but requires traders to properly disclose their use of algorithms or expert advisors. Both platforms prohibit certain high-frequency trading strategies and require that automated systems follow the same drawdown and profit target rules as discretionary trading. It’s essential to contact each platform’s support team before deploying automated strategies to ensure compliance with their current policies and avoid potential account violations.

What happens if I fail the evaluation with either platform?

If you fail an FTMO evaluation by violating drawdown limits or other rules, you’ll need to purchase a new evaluation at the standard price, though they occasionally offer reset discounts. There’s no time limit on most FTMO programs, so you can take as long as needed before violating rules. With TopStep, failing the Trading Combine requires purchasing a new subscription to restart. However, TopStep offers a “Restart” option that may provide discounted pricing compared to a completely new subscription. TopStep’s 120-day time limit means you can also fail by running out of time without hitting profit targets. Both platforms allow unlimited retries as long as you pay the evaluation fees, and many successful traders required multiple attempts before earning funding.

## How was this 2 companies Comparison Created?

### 1. We Collect
Our research team gathered comprehensive data from multiple authoritative sources to ensure accuracy and completeness. We examined official information directly from FTMO and TopStep websites, including their terms of service, pricing structures, evaluation rules, and program details. We analyzed thousands of user reviews from Trustpilot, Reddit trading communities, and industry forums to understand real trader experiences. We also consulted independent trading education sites, YouTube reviews from established trading channels, and interviewed traders who have used both platforms. This multi-source approach ensures our comparison reflects both official policies and real-world user experiences.

### 2. We Examine
All collected information underwent rigorous verification by our team of trading industry experts and professional futures traders. We cross-referenced claims made by each platform against actual user experiences and tested available demo accounts when possible. Our analysts compared the stated evaluation criteria, pricing, and platform features against industry standards and competitor offerings. We verified Trustpilot ratings, examined complaint patterns, and investigated how each company responds to customer issues. Any conflicting information was researched further through direct platform inquiries and community verification. This examination process ensures that our comparison presents factual, current, and contextually relevant information.

### 3. We Score
Our scoring methodology evaluates both platforms across eight weighted categories: pricing value (15%), evaluation criteria fairness (20%), platform and tools quality (15%), educational resources (10%), customer support (10%), community strength (10%), track record and reputation (15%), and payout reliability (5%). Each category receives a score from 1-5 based on objective criteria and comparative analysis. For example, pricing scores consider both upfront costs and long-term value, while evaluation criteria scoring assesses achievability, flexibility, and industry competitiveness. The final grades represent an aggregation of these category scores, adjusted for the significance of each factor to trader success and satisfaction.

### 4. You Choose
Armed with this comprehensive comparison, you can make an informed decision based on your specific needs, experience level, and trading goals. Consider your budget and whether one-time fees or monthly subscriptions fit better with your financial situation. Evaluate your need for educational support and community engagement versus independent trading. Assess your confidence level in passing evaluations quickly versus needing extended time and multiple attempts. Review the specific evaluation criteria to determine which ruleset aligns better with your trading style. Remember that the “best” platform is subjective—what works for one trader may not suit another. Use our comparison as a foundation, then consider taking advantage of demo accounts or free trials to experience each platform firsthand before making your final commitment.

JoinProp # FTMO vs TopStep: Comprehensive Comparison