FP Markets Account Types: Live Funded Account Options and Fees

What Account Types Are Available at Topstep?

Topstep provides traders a clear path from evaluation to trading with real capital through its structured account types. The primary account offering is the Live Funded Account, which supports traders who have completed the Trading Combine or Express Funded Account milestones. This account type allows traders to manage real capital starting from $50,000 up to $150,000, giving access to significant trading opportunities. Unlike traditional brokerage accounts, Topsteps structure emphasizes risk management, daily loss limits, and progressive account growth, ensuring traders are rewarded for consistent performance and disciplined trading. While Topstep does not provide multiple account types like standard retail brokers, its core account is designed to cater to professional traders seeking real-market exposure without using personal capital.

Understanding Topstep Accounts, Minimum Deposits, and Leverage

Topstep account structure is straightforward. Traders progress through a Trading Combine, then the Express Funded Account, and finally can be called up to the Live Funded Account. There is no minimum deposit required for the Live Funded Account itself, as funding is provided by Topstep. Leverage details are not explicitly listed, as trading is done under Topstep's risk management rules, which include adjustable daily loss limits and dynamic contract limits. Below is a summary table:

This structure ensures traders are not directly exposed to financial loss from personal deposits, aligning with Topstep's mission to foster disciplined trading habits.

Fees and Commission Structure

Topstep does not charge traditional brokerage fees, commissions, or spreads in the usual sense. Instead, traders are responsible for meeting performance targets to unlock account growth and payouts. Costs for accessing market data on CME are covered by Topstep once the account becomes live. Here's a simplified overview:

Performance bonuses are available for traders who consistently grow their account, offering additional cash rewards over $250,000 in potential earnings.

Frequently Asked Questions About Topstep Account Types and Fees

Q1: Do I need to deposit my own money to trade a Live Funded Account?

A1: No, Topstep provides up to $150,000 in real capital. Traders progress through the evaluation steps and can trade without personal financial risk.

Q2: How are payouts calculated and distributed?

A2: After 30 winning days of at least $150 in profits, traders receive full access to account balance and daily payouts. Partial payouts of up to 50% are available every five winning days before that milestone.

Q3: Are there any hidden fees for market data or account management?

A3: CME market data fees are covered by Topstep for Live accounts. There are no hidden commissions or spreads beyond the internal risk management framework.