The Verdict: Ftmo or Topstep?
There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.
Objectively, Ftmo is more reliable based on our criteria above.
What We Really Like on Ftmo
FTMO charges a one-time fee only
FTMO has generous conditions for its traders
What We Don’t Like on Topstep
Not one-off payment
Challenges perceived to be too hard or pointless
Other Important Factors That Influence Our decision the most
Topstep FX is not perfect in every way. If it takes you a long time to pass the challenges, you will end up spending more on the platform's monthly fees than a comparable service with a one-off payment. Some traders have been annoyed at some of the rules on Topstep FX. The "20-second rule" and the "Trailing Max Drawdown" moving to zero after any withdrawal have been unpopular with some. Others believe the inability to undo your decision between a pro account or an express funded account is unfair. The challenges themselves are sometimes perceived to be too hard or pointless. Topstep FX can provide justifications for these issues, yet some traders remain unconvinced.
Finally, if you're really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable Personalised Funded Trading Accounts based on your precise requirements here.