Topstep prop firm rules: fees, drawdown and payout terms
A program-specific Topstep guide to evaluation rules, loss limits, fees, reward conditions and the contracting party. Confirm the exact plan before buying.
Editorial: FINEX
Content reviewed:
Country policies:
Separate evaluation objectives from payout paths
Topstep separates monthly Combine billing, zero-based XFA balances and Live accounts. Vietnam retains conditional Combine/XFA access up to the stated total-payout limit, without LFA access.
Read the conditions and update
The current Combine page states a 55% best-day consistency target; do not confuse that evaluation objective with XFA Consistency’s 40% payout path. Standard XFA uses its own winning-day rules and account-size caps.
The eligibility FAQ lists Vietnam for XFA but not LFA, with up to $200,000 total payouts and possible selected Pro consideration. Preserve that precise existing scope; it is neither a blanket ban nor a guarantee of a live account.
A firm may offer several account sizes, evaluation paths or simulated environments. This article does not merge them. Before paying, save the exact checkout, rulebook and agreement for the selected program; verify whether reset, activation, taxes or platform charges are extra.
Existing regional condition preserved; no live approval claim Open full-size diagram ↗Diagram explained
A $50K label is buying power, not a cash payout
Monthly billing path and activation fee
XFA starts with zero displayed balance
Vietnam: XFA conditional, no LFA
Drawdown, targets and trading constraints
Profit target: $3,000 Daily loss limit: Optional checkout DLL: $1,000 for $50K Maximum loss limit: $2,000; trails end-of-day balance and locks at starting balance
Do not compare percentages until you know the calculation base, reset time, equity treatment and whether the limit trails. The reviewed restriction note is: Combine: best day below 55% of target to avoid increased consistency target A limit breach can close an account even when a headline target was reached.
Payout, profit share and platform rules
The reviewed payout disclosure states: XFA Standard: 5 winning days of $150+; up to 50% balance, standard $2,000 cap The profit-share statement is: 90% to trader; check legacy exceptions separately
A stated payout cycle is not a guarantee that a request is approved or arrives on that date. Check minimum trading days, consistency rules, first-payout timing, payment rails, identity checks and any account-stage conditions. Platforms or environment terms reviewed: Not stated in the reviewed source set. Combine simulated; separate Express and Live stages
Contracting party and eligibility
The contracting-party disclosure reviewed for Topstep is: TopstepTrader LLC operates simulated Combine/XFA; parent Topstep LLC (Delaware). Country, identity-verification and prohibited-strategy conditions may be separate from the trading rules.
Topstep: Eligibility considers citizenship and residence. Vietnam is eligible for Trading Combine and Express Funded, with total payouts capped at $200,000; Live Funded is unavailable. Listed XFA-only countries have the same limitation. Chinese military companies are restricted, not all China residents. Scope: Topstep Trading Combine, Express Funded and Live Funded eligibility.