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Updated 2026-03-08

The Funded Trader vs Topstep: Which Prop Firm Is Better?

Traders choosing between The Funded Trader and Topstep face a decision between flexibility and reputation. The Funded Trader offers zero minimum trading days and allows EA trading, while Topstep delivers daily payouts and maintains a stronger track record with 4.4/5 stars versus 3/5 on Trustpilot. This comparison examines their key differences in trading rules, payout structures, and platform options to help you determine which firm aligns with your trading strategy.

TF
The Funded Trader
Est. 2021 · Fort Lauderdale, USA
3
22,000 reviews
VS
5 wins
4 ties
1 wins
T
Topstep
Est. 2012 · Chicago, USA
4.4
14,000 reviews
Feature
The Funded Trader
Topstep
Challenge Price ($100K)
$489
N/A
Phase 1 Profit Target
8%
N/A
Min Trading Days
0 days✓ More flexible
5 days
Time Limit (Phase 1)
No limit
No limit
Payout Split
N/A
50% (up to 90%)
Payout Frequency
anytime payouts
daily✓ Faster payouts
Platforms
MATCH-TRADER, DXTrade, cTrader✓ More platform options
N/A
News Trading
Allowed✓ Fewer restrictions
N/A
The Funded Trader
Pros
+Multiple challenge types including one-step and three-step evaluations
+High maximum funding allocation up to $2.5M across different challenges
+VIP program offering up to 95% payout split
+News trading allowed on most challenges
+Fast payout eligibility in as little as 7 days on some challenges
Cons
−Simulated trading environment only, not real money trading
−Limited account size options shown in comparison table
−Proprietary technology monitoring may restrict some trading styles
−Maximum concurrent funded account limit of $600K
Topstep
Pros
+Performance-based capital release structure with 20% initial access scaling to full balance
+Daily payout eligibility after 30 benchmark trading days with up to 90% profit split
+Performance bonus program offering over $250,000 in cash bonuses for consistent traders
+Dynamic risk expansion that adjusts daily loss limits as account balance grows
+Live Funded Account structure designed to help transition from simulated to live trading
Cons
−Must maintain account balance above $0 at all times or forfeit account
−Initial payout split limited to 50% until reaching 30 benchmark trading days
−Account automatically closed if inactive for 90 days
−All positions must be closed by 3:10 PM CT daily
−Protective stops required on every open position
Our Verdict

Which Should You Choose?

The Funded Trader suits algorithmic traders, news traders, and those who want maximum flexibility. With zero minimum trading days, EA/bot trading allowed, and unrestricted news trading across multiple platforms (MATCH-TRADER, DXTrade, cTrader), it's built for traders who need fewer constraints. However, the 3/5 Trustpilot rating from 22,000 reviews raises reliability concerns.

Topstep is the better choice for discretionary traders who prioritize reliable payouts and proven track record. Founded in 2012 with a 4.4/5 Trustpilot rating from 14,000 reviews, it offers daily payouts and has established credibility in the prop trading space. The 5-day minimum trading requirement and lack of EA support make it unsuitable for algorithmic strategies.

For most traders, Topstep's superior reputation and daily payout structure outweigh The Funded Trader's flexibility advantages, making it the safer choice despite fewer trading options.

Choose The Funded Trader if:
→Multiple challenge types including one-step and three-step evaluations
→High maximum funding allocation up to $2.5M across different challenges
→VIP program offering up to 95% payout split
→News trading allowed on most challenges
Choose Topstep if:
→Performance-based capital release structure with 20% initial access scaling to full balance
→Daily payout eligibility after 30 benchmark trading days with up to 90% profit split
→Performance bonus program offering over $250,000 in cash bonuses for consistent traders
→Dynamic risk expansion that adjusts daily loss limits as account balance grows
The Funded Trader — Start Your Challenge →Or try Topstep instead

Most traders choose The Funded Trader based on this comparison

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Frequently Asked Questions

The Funded Trader vs Topstep FAQ

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Try The Funded Trader →Try Topstep →
Disclaimer:This comparison is for informational purposes only. Prop firm rules change regularly — always verify current terms on each firm's official website before purchasing a challenge. This is not financial advice. Updated 2026-03-08.