|💰 Fees:||The TopStep Challenge with an initial balance $50K costs $165; $100K balance for $325; $150K balance for $375 (per month)||FunderPro offers four tiers of funded account challenges: a $25K balance costs $250, a $50K balance costs $300, a $100K balance costs $550, and a $200K balance costs $995. Scaling plan up to $5 million.|
|🚀 Profit split:||TopStep will pay out 100% of the first $5,000 you generate and 90% from that amount.||The FunderPro funded account challenge pays out 80% of the profits.|
|✔️ Evaluation:||“TopStep Challenge,” a two-step evaluation process that you must pass to get your trading account funded.||FunderPro’s flagship product is a two-step evaluation.|
|🎯 Profit Target:||6%||10% for Stage 1 and 8% for Stage 2.|
|⚓ Maximum drawdown (MDD):||2% Daily loss limit. 4% to 3% Max trailing drawdown (the percentage varies depending on the account you choose).||10% maximum loss throughout the challenge. 8% maximum daily loss.|
|⌛ Trading Period:||The TopStep Challenge has No time limits.||Unlimited time to complete the challenge.|
|⚖️ Leverage:||The leverage offered is up to 1:100 (Forex) and can be lowered upon request.||The leverage in FunderPro’s challenge is 1:100|
|🔧 Instruments:||Futures Markets: CME Exchange (17 instruments) NYMEX Exchange (4) COMEX Exchange (3) CBOT Exchange (13)||Forex, indices, commodities, cryptocurrencies and stocks.|
|📰 Allow Trade News:||Not recommended||No FunderPro does not allow news trading. You can close the trading before 2 minutes of high-impact news and re-open trading after 2 minutes.|
|🔄 Weekend Position:||No||No you cannot hold trades during weekend.|
After spending several days researching different Proprietary Trading Firm for funded trading accounts, our team at start-business-online.com team collected various data points. For this review, we will compare Topstep vs Funderpro.
|Evaluation Metric||How they performed|
The Topstep Challenge is a simple yet effective way of separating the wheat from the chaff. It is not a perfect system, and there are grievances about some aspects of it, but, overall, it is a transparent and fair means of ensuring you know what you are doing. It's a great platform to take on the challenge, and it has easy-to-understand metrics that reflect your trading progress.
On the other hand The FunderPro Challenge is simple and straightforward. Traders select their account size- $25k, $50k, $100k, or $200k. The requirements are easily followed without unnecessary complications - max daily and overall losses are fair, and traders have all the time they need to trade because there is no deadline for the challenge to be completed.
The customer support with Topstep is good, clearly reflected across several review platforms. There are some complaints about the quality of customer support, but most of these have been responded to.
On the other hand The FunderPro team is reliable and helpful. Traders get paid weekly with a profit share every Friday.
The cost on Topstep can be a positive or a negative depending on how quickly you pass the challenge. As it is a monthly payment, you will save money (compared to prop firms asking for more expensive one-off payments) if you complete the challenge quickly, but you will lose value for money if you are too slow.
On the other hand FunderPro is actually a pretty decent value for every account size. it is also focused on its traders, which could mean that they provide a better experience for their clients.
Compared to other proprietary firms, Topstep has a high percentage payout scheme or, to put it another way, it takes a lower percentage cut on your profits.
On the other hand With FunderPro after your first payout, you will continue to receive payouts on a weekly basis. Your profit split will be 70% based on the profit you make on your funded account. While this isn't as generous a profit split as some rivals, the challenge conditions are not as strict, making it easier to come out winning. For this reason, they score highly on this metric.
There’s no such thing as a perfect Proprietary Trading Firm, but some are going to be a better fit for you than others.
Objectively, Funderpro is more reliable based on our criteria above.
Exclusive Discount Code (20% Off Exclusive Offer)
Minimal rules & unlimited time for completion
Two-part assessment leading to $200,000 in funding
Scaling plan & fast-track funding opt
Not one-off payment
Challenges perceived to be too hard or pointless
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.