Topstep vs FX2 Funding – Prop Firm Comparison
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Introduction
Topstep and FX2 Funding appeal to different traders because they cover different markets, so the first question is what you actually want to trade. Topstep, founded 2012 (Chicago, IL) funds $50K / $100K / $150K accounts on CME futures, keeps flat 90/10 (new); 100% of first $10K then 90/10 (legacy), and runs single-phase Trading Combine, with standard, daily after 30 win days. FX2 Funding, founded 2023 (United States) funds $10K to $400K; scaling beyond $1M accounts on forex and CFDs, keeps up to 95% (80% default; 95% add-on), and runs 1-step evaluation, 10% target, with bi-weekly via Rise or crypto within 48h (5-day add-on). Topstep is best for traders who want the most established firm and a large community, while FX2 Funding suits forex and CFD traders who want a simple one-step evaluation with high scaling.
Quick Facts
| Feature | Topstep | FX2 Funding |
|---|---|---|
| 
| |
| Founded | 2012 | — |
| Profit Split | 90% trader share; first-$10,000 lifetime-profit exception for traders who joined the new dashboard before Jan 12, 2026 | The Product Line — 2-Step: 80% The Product Line — 1-Step: 75% The Product Line — 1-Step Pro: 75% |
| Maximum Account Size | $150,000 | — |
| Evaluation Phases | 1 | 2 |
| Trustpilot Rating | 3.4 | 4.2 |
| Expert Grade | 9 | 7.3 |
Program Types
| Program | Topstep | FX2 Funding |
|---|---|---|
| Entry Level Program | Yes | 1-Step |
| Advanced Program | — | 2-Step |
| Scaling Options | No | 1-Step Pro |
| Demo Account | No | — |
Rules & Assessment
| Criteria | Topstep | FX2 Funding |
|---|---|---|
| Profit Target | Trading Combine Parameters — 50,000: 3,000 Trading Combine Parameters — 100,000: 6,000 Trading Combine Parameters — 150,000: 9,000 | The Product Line — 2-Step: 6-8% then 5% The Product Line — 1-Step: 10% The Product Line — 1-Step Pro: 10% |
| Maximum Drawdown | Trailing MLL: $2,000-$4,500 | The Product Line — 2-Step: 10% The Product Line — 1-Step: 6% The Product Line — 1-Step Pro: 6% |
| Minimum Trading Days | Trading Combine can pass in as few as 2 days, subject to 55% consistency; funded payout paths have separate day requirements | 0 |
| News Trading | Yes | No |
| Daily Loss Limit | Trading Combine Parameters — 50,000: Optional (1,000) Trading Combine Parameters — 100,000: Optional (2,000) Trading Combine Parameters — 150,000: Optional (3,000) | The Product Line — 2-Step: 4% The Product Line — 1-Step: 4% The Product Line — 1-Step Pro: 4% |
| Drawdown Type | — | The Product Line — 2-Step: Static The Product Line — 1-Step: Trailing The Product Line — 1-Step Pro: Static |
| Maximum Contracts | Trading Combine Parameters — 50,000: 5 (50 micros) Trading Combine Parameters — 100,000: 10 (100 micros) Trading Combine Parameters — 150,000: 15 (150 micros) | — |
Fees & Pricing
| Option | Topstep | FX2 Funding |
|---|---|---|
| CFD $10K Account | Not listed in review pricing source | Listed challenge / USD 95 / One-time |
| CFD $25K Account | Not listed in review pricing source | Listed challenge / USD 235 / One-time |
| CFD $50K Account | Not listed in review pricing source | Listed challenge / USD 465 / One-time |
| CFD $100K Account | Not listed in review pricing source | Listed challenge / USD 925 / One-time |
| Futures $50K Account | Trading Combine / USD 49 / Monthly Standard Trading Combine monthly price. Source Checked 2026-08-10 | Not listed in review pricing source |
| Futures $100K Account | Trading Combine / USD 99 / Monthly Standard Trading Combine monthly price; tier was marked temporarily on hold when verified. Source Checked 2026-08-10 | Not listed in review pricing source |
| Futures $150K Account | Trading Combine / USD 199 / Monthly Standard Trading Combine monthly price. Source Checked 2026-09-27 | Not listed in review pricing source |
| Refund Policy | — | No |
| Coupons / Discount | Topstep discount | FX2 Funding discount |
Platforms & Markets
| Feature | Topstep | FX2 Funding |
|---|---|---|
| Trading Platforms | TopstepX; Quantower connectivity for Trading Combine and Express Funded accounts | cTrader, DXtrade, Match-Trader, Rithmic, DXFutures |
| Forex | Currency futures, not spot Forex | Yes |
| Stocks | No | — |
| Indices | Yes | Yes |
| Commodities | Yes | Yes |
| Cryptocurrencies | No | Yes |
| Bonds | Yes | — |
| EA/Algo Trading | Yes | Yes |
Payout
| Feature | Topstep | FX2 Funding |
|---|---|---|
| Payout Terms | $125 minimum; eligibility by funded-account path, not a bi-weekly schedule. XFA Standard: 5 winning days of $150+; XFA Consistency: 3 trading days and 40% consistency. Balance limits, account caps and method availability apply. | 48 hours via crypto or bank transfer; 14-day cycle (5-day with add-on) |
| See all prop firm payouts → | ||
Verdict
| Key Element | Topstep | FX2 Funding |
|---|---|---|
| Strengths | Trading Combine has no maximum completion deadline while the subscription remains active; automated strategies permitted subject to rules; 90% current trader share; Standard or Consistency Express payout paths. Daily-loss-limit arrangements vary. | No time/minimum day limits, static drawdowns on 2-Step/Pro, multiple platforms, weekend holding, hedging permitted, no consistency rule |
| Weaknesses | Recurring Combine subscription; $149 XFA activation on Standard pricing path; futures-only; end-of-day trailing MLL can be breached intraday on unrealised losses | Withdrawal resets drawdown floor, non-refundable fees, 95% split costs extra, breach forfeits profits, news trading penalties, corporate structure confusion |
| Best For | Serious futures traders seeking established firm with forgiving evaluation | Disciplined traders valuing trading freedom who build buffer before payouts |
Conclusion and Final Recommendation
Choose Topstep if you want a shorter evaluation at 1 phase, a cheaper entry, from USD 49 and news trading allowed. Choose FX2 Funding if no minimum trading days and coverage of cryptocurrencies that the other does not offer matter more to you. Neither firm is better in the abstract. The right choice depends on your strategy, your budget and the instruments you trade, so read both full reviews before you commit. Verify current rules and pricing on each firm’s own site before purchasing.
Frequently asked questions
What should I know about Topstep’s programs?
Topstep distinguishes Express Funded Account Standard and Consistency paths, followed by a separate Live Funded Account stage. Topstep official rules.
What should I know about FX2 Funding’s programs?
FX2 describes its accounts as simulated, with genuine rewards subject to contractual compliance. It offers evaluations and an Instant Funding plan. FX2 Funding official rules.
How do payouts differ between Topstep and FX2 Funding?
The current payout policy lists a 90/10 split and a $125 minimum. Standard requires five winning days of $150 or more; Consistency requires three days and a 40% consistency target. Requests are subject to account-size caps. Topstep official rules.
Its evaluation FAQ lists an 80% share, optional 95% add-on and biweekly requests beginning 14 days after the first trade. The general minimum request is 1% of initial balance, with processing stated as within 48 hours. FX2 Funding official rules.
Which account rules matter when comparing Topstep and FX2 Funding?
Express payouts are generally limited to 50% of account balance up to the applicable cap. Legacy eligibility and optional daily-loss-limit arrangements can change the caps or split treatment. Topstep official rules.
Its two-phase evaluation lists 8% and 5% targets, 4% daily drawdown and a fixed 10% maximum drawdown. Those figures should not be applied automatically to other FX2 plans. FX2 Funding official rules.
Is Topstep or FX2 Funding automatically the better choice?
No, neither firm is the automatic pick, and the honest answer depends on how you actually trade.
Topstep Strengths: Industry pioneer and generous first $10K profit split. Watch-outs: Monthly subscription fees compound and $149 activation fee. Best suited to: Serious futures traders seeking established firm with forgiving evaluation.
FX2 Funding Strengths: No time/minimum day limits and static drawdowns on 2-Step/Pro. Watch-outs: Withdrawal resets drawdown floor and non-refundable fees. Best suited to: Disciplined traders valuing trading freedom who build buffer before payouts.
Which one wins for you depends on how each firm measures drawdown, what the account actually costs once resets and add-ons are included, and the evaluation objectives on the exact size you buy, rather than on the headline numbers. Check both sets of current terms before you fund an account.
Do Topstep and FX2 Funding trade the same markets?
Topstep trades CME futures, while FX2 Funding trades forex and CFDs. Start your decision with the instruments you actually trade.
Which firm pays out faster?
Topstep offers standard, daily after 30 win days, while FX2 Funding offers bi-weekly via Rise or crypto within 48h (5-day add-on). Match the payout cadence to how often you plan to withdraw.
Which firm has the better profit split?
Topstep keeps flat 90/10 (new); 100% of first $10K then 90/10 (legacy), and FX2 Funding keeps up to 95% (80% default; 95% add-on). The better deal depends on the account tier and how far you scale.
Do these firms require an evaluation?
Yes – both Topstep and FX2 Funding use an evaluation before funding rather than instant funding: Single-phase Trading Combine versus 1-step evaluation, 10% target.
Which firm gives more platform choice?
Topstep supports TopstepX only (new accounts since July 2025), while FX2 Funding supports cTrader, DXTrade.
How We Compared Topstep and FX2 Funding
Both firms carry a JoinProp Rating out of 10, scored on the same nine weighted factors, led by payout reliability at 20%, then fee structure, drawdown rules and profit split at 15% each. The scores come from our own firm reviews, built from each firm’s current terms rather than its marketing pages and re-checked at least every 90 days. Affiliate relationships have no effect on any rating, and ratings are never sold. The tables above are the evidence behind those scores. Read our full ranking methodology.
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