Topstep Mobile App Review - All Pros and Cons

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Topstep is a Chicago-based proprietary trading firm that evaluates traders through a simulated trading program and provides access to funded accounts for those who meet its performance requirements. The company focuses primarily on futures trading and is known for its Trading Combine evaluation process.

To receive funding, traders must demonstrate consistent profitability and sound risk management during the evaluation stage. Those who successfully complete the program can gain access to funded accounts and participate in Topstep's payout program.

The Topstep mobile app allows users to manage their accounts, monitor trading performance, access educational resources, and stay connected to the firm's trading ecosystem. This article reviews the app's main features, functionality, advantages, and limitations.

How to access and set up TopstepX on mobile?

The steps for accessing TopstepX on a mobile device are as follows:

Visit the TopstepX website and create a TopstepX account if you do not already have one.

How to access and set up TopstepX on mobile

Purchase a Trading Combine account and complete the registration process. Your TopstepX login credentials will be provided after registration.
Open your preferred mobile browser, such as Chrome, Safari, Firefox, or Edge, and navigate to TopstepX.
Log in using your TopstepX username and password. You can also launch the platform directly from your Topstep dashboard.

How to access and set up TopstepX on mobile

Select the Trading Combine or funded account you wish to trade from the account menu.
Configure your preferred settings, chart layouts, and risk-management tools before placing trades. TopstepX includes features such as personal daily loss limits, profit targets, trade limits, and account lockout tools.

Once your account is configured, you can monitor markets, manage positions, and execute futures trades directly from your mobile device.

Main features of the Topstep mobile app

Zero fee trading platform

It is important to note that Topstep's Trading Combine supports over 14 different trading platforms, but TSTrader is best for beginners. For Combine trades, TSTrader doesn't charge commissions; on a Funded Account, it charges $0.79 per contract. It works on any device, supports add-ons from third parties, and provides all the fundamental charts for managing your day trading career.

Education and coaching

Topstep's traders' dedication to instruction and education, both newcomers and seasoned professionals, can pick up profitable new strategies. Some of these coaching solutions are cost-free. However, customers who have more money can pay for customized performance coaching sessions.

Performance Coaching Plan

Get rid of your negative trading habits rapidly with the Performance Coaching Plan. You will have a private conversation with your coach once each month. You will have the chance to review your trades and get suggestions on where you erred.The Performance Coaching Plan requires a monthly subscription, which is $395; funded traders receive this service free of charge.

Community support

The vibrant community on TopstepTrader is one of its best characteristics. Users can ask inquiries in the interactive chat area, and simulation users and funded traders will be pleased to respond. On social media, there are also vibrant Topstep communities. By far, its most engaged community is on Facebook.

Additional features of the Topstep app

Topstep app

Guaranteed funding

One of the few businesses in the sector, Topstep, would grant you a live account when you pass their evaluation. There aren't any further examinations or tests. Steps 1 and 2 must be finished in order to receive your real account.

Support

They have a fantastic trader support team. At every step of the journey, their staff is at your side. Although they promise to respond within one business day, they typically respond much more quickly than that! They also provide support in Russian and Spanish.

Main advantages and disadvantages of the Topstep mobile app

•Traders are not required to invest their own funds in real trading accounts because a prop company finances them.

•The business offers a variety of free training resources, such as free group coaching.

•There are various practical ways to get in touch with the support staff.

• For additional income, a company provides a referral scheme.

•The company does not provide bonuses, automated trading, or other side income opportunities.

• Only during specific hours on weekdays does the support service operate.

FAQs

Can a person have more than one Topstep account?

There is no constraint on the number of active Trading Combine accounts one can own simultaneously.

Does Topstep perform a monthly reset?

Before your subsequent billing date, if you violate any guidelines in your Trading Combine account, Topset will reset your account without charge.

What is the Topstep profit split?

he profit split will change to 90/10, with the trader getting 90% of withdrawals and Topstep keeping 10% of the requested payout once the trader has received the first $5,000 in funds.

Is Topstep regulated?

No. Similar to most prop companies, Topstep is unregulated. However, this company is based in the USA and its activities are in full compliance with the laws of the USA.

Team that worked on the article

Andrey Mastykin is an experienced author, editor, and content strategist who has been with Traders Union since 2020. As an editor, he is meticulous about fact-checking and ensuring the accuracy of all information published on the Traders Union platform.

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Ivan is a financial expert and analyst specializing in Forex, crypto, and stock trading. He prefers conservative trading strategies with low and medium risks, as well as medium-term and long-term investments.

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