Traders evaluating Topstep versus FunderPro face a choice between an established single-phase evaluation model and a newer two-phase challenge structure. The most significant difference lies in Topstep's no daily loss limit approach versus FunderPro's 3% daily drawdown restriction, which fundamentally changes how you can trade each program. FunderPro offers more platform flexibility and higher starting profit splits, while Topstep provides greater risk management freedom through its unlimited daily loss policy. This comparison examines the key structural differences, payout terms, and trading conditions to help you determine which firm aligns with your trading style and risk tolerance.
T
Topstep
Est. 2012 · Chicago, USA
4.4
14,000 reviews
VS
2 wins
6 ties
6 wins
F
FunderPro
Est. 2023 · N/A
4.3
2,000 reviews
Feature
Topstep
FunderPro
Challenge Price ($100K)
N/A
$539
Phase 1 Profit Target
N/A
10%
Phase 2 Profit Target
None (single-phase)✓ Single-phase evaluation
5%
Max Daily Loss
No limit✓ No daily loss limit
3%
Max Total Loss
N/A
6%
Min Trading Days
5 days
4 days✓ More flexible
Time Limit (Phase 1)
No limit
No limit
Payout Split
50% (up to 90%)
80% (up to 90%)✓ Higher starting split
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
FunderPro
Pros
+Daily rewards system with fastest processing in industry (8 hours average)
+No trailing drawdown on any account type
+Unlimited time to complete challenges with no time pressure
+Scale up to $5 million account size
+Challenge fee refunded with first payout on most challenge types
Cons
−Relatively new firm established in 2023 with limited track record
−Lower profit splits (80-90%) compared to some competitors offering 100%
−Consistency rule applies to most challenge types
−Weekend holding and news trading require paid add-ons
−Pro challenge fees are not refundable unlike other challenge types
Our Verdict
Which Should You Choose?
FunderPro suits traders who prefer higher profit splits and platform variety, offering an 80% starting split compared to Topstep's 50%, plus access to MT5, cTrader, and TradeLocker. News traders and EA users will find FunderPro more accommodating with explicit allowances for both strategies. However, the 3% daily loss limit makes FunderPro less suitable for swing traders or those who take larger position sizes.
Topstep works better for traders who need flexibility in daily risk management, as its no daily loss limit policy allows for larger drawdowns and recovery strategies that would violate FunderPro's 3% rule. The single-phase evaluation also appeals to traders who want to start earning immediately without a second profit target phase. For most retail traders prioritizing higher profit splits and platform choice, FunderPro offers better value despite being the newer firm.
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
Choose FunderPro if:
→Daily rewards system with fastest processing in industry (8 hours average)
→No trailing drawdown on any account type
→Unlimited time to complete challenges with no time pressure
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.