TopStep Trading - summary please....

syswizard

syswizard

I know there have been posts on this firm in the past....but can someone just quickly summarize their offering and the meaning of "Combines" ?
I am aware of their sim trading "test" platform, but I already have a great trading platform. ..linked to Interactive Brokers.
Do I need to enter orders in both platforms then ? How does that work ?
I'm trading ES/NQ Eminis. Would like to move up to 10 lots from my current 1-3 lot limit.
 
They are a marketing firm...their offering is the idea of a funded acct..
What they market as "funded" accts are 1099'd..do your research..there is a journal entry near the top which delineates matters of concern fairly well...
After experiencing the combine for a few months and paying attention to their marketing/information provided, doing my own research, I concluded their spin on the business (product they're selling) does not hold water ..
 
Thanks guys...that's the feedback I was looking for. I thought for a second, "hey, this is a legit prop firm".
Now I don't think that really exists.
I'm looking for $30k so I can add to my current IB account and trade 10 lots in ES. I guess it's best to go with some cloud funding website....LOL.
 
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syswizard said:
That's a reasonable fee, no ? Or were you joking ?
More...

It's not big enough that anyone would care, but with enough people trying I'd bet they make more off that than there trading side.

Very few people being truely profitable, could also be why no body appears to be trading via them, so tricky.
 
syswizard said:
Thanks guys...that's the feedback I was looking for. I thought for a second, "hey, this is a legit prop firm".
Now I don't think that really exists.
I'm looking for $30k so I can add to my current IB account and trade 10 lots in ES. I guess it's best to go with some cloud funding website....LOL.
More...

Hey @syswizard,
Pass our Challenge and we'll hook you up to trade ES... If you want to check out our partner's website also (www.positive.ie) - Pro trading floors in Dublin and Split. We've only properly launched the Challenge offering. Support the TT platform. Performance-based Challenge - the better you can profit under the Challenge Risk rule conditions, the better the live account profit share, scaling potential and initial max downside.
Thanks,
David
 
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