Topstep Alternatives: Best Prop Firms for Traders

Topstep is one of the most well-known futures prop trading firms, but it’s not the only option out there. Many traders look for Topstep alternatives due to its strict evaluation process, scaling restrictions, and payout policies. Whether you want lower fees, faster payouts, or a more flexible evaluation, there are plenty of Topstep competitors that may better fit your trading style.

In this guide, we’ll break down the best prop trading firms that serve as strong alternatives to Topstep, comparing their evaluation structures, payout terms, and overall benefits.

What Prop Firm is Similar to Topstep?

Several prop firms offer similar funding structures to Topstep but with improved flexibility, lower costs, and faster payouts. Here are the best Topstep alternatives:

1. Apex Trader Funding

Evaluation: One-step process (vs. Topstep’s two-step).
Payouts: No waiting period; 100% of first $25K profits.
Max Accounts: Up to 20 accounts per trader.
Why It’s Better: Apex offers lower fees, no daily loss limits, and a simpler funding process.

2. Tradeify

Evaluation: Instant funding available (no challenge required).
Payouts: Immediate withdrawals after profitable trades.
Max Accounts: Not restricted.
Why It’s Better: Perfect for traders who don’t want to go through an evaluation process.

3. MyFundedFutures

Evaluation: One-step evaluation with no trailing drawdown.
Payouts: Keeps 100% of the first $10K, then 90/10 split.
Max Accounts: Up to 3 funded accounts.
Why It’s Better: No trailing drawdown rule makes it a safer option for traders.

4. Take Profit Trader

Evaluation: One-step funding.
Payouts: Same-day withdrawals.
Max Accounts: Up to 5 accounts per trader.
Why It’s Better: If fast payouts are your priority, this is the best choice.

5. DayTraders.com

Evaluation: Instant account creation with no evaluation required.
Payouts: High profit splits with a low fee structure.
Max Accounts: No limits.
Why It’s Better: Offers the fastest access to funded trading accounts.

Who Are Topstep’s Competitors?

Each of these Topstep competitors offers unique benefits that cater to different trader needs:100% first $25K

Prop Firm	Evaluation	Payouts	Max Accounts	Best For
Apex Trader Funding	One-step	100% first $25K	Up to 20	Low fees, fast funding
Tradeify	One-step	Instant	Unlimited	Immediate funding
MyFundedFutures	One-step	100% first $10K	Up to 3	No trailing drawdown
Take Profit Trader	One-step	Same day	Up to 5	Fastest payouts
DayTraders.com	One-step	High profit splits	Unlimited	Tech-driven traders

Apex vs. Topstep: Which Is Better?

Many traders compare Apex Trader Funding vs. Topstep because they both offer funded trading programs for futures traders. Here’s how they stack up:

Feature	Apex Trader Funding	Topstep
Evaluation Process	One-step	One-step
Payout Structure	100% first $25K, then 90/10	100% first $10K, then 90/10
Max Accounts	20	5
Daily Loss Limit	No	Yes
Activation Fee	$125	$149
Best For	Low-cost evaluations & multiple accounts	Traders who prefer a structured program

Winner: Apex Trader Funding

Apex offers a simpler evaluation, fewer restrictions, and higher payout potential, making it a better alternative to Topstep.

““Great company! My evaluation process was simple and easy to sign up. And I’m proud to say after passing the evaluation it was just as simple to set up the funded account. Looking forward to doing lots of business with Apex Trader Funding.””

– Reviewed by John Shelton

Does Topstep Actually Pay Out?

One of the biggest concerns traders have about prop firms is whether they actually pay out profits. Topstep does pay traders, but some traders report delays or restrictive payout conditions.

Topstep’s Payout Process:

Withdrawal Schedule: Traders can withdraw every 14 days.
Profit Split: 100% of first $10K, then 90/10.
Scaling Rules: Traders must follow strict scaling plans before increasing contract sizes.

Payout Comparison:

Apex Trader Funding: Same-day payouts, no limits.
Take Profit Trader: Fastest payouts in the industry.
Tradeify: Instant funding, fast withdrawals.

Verdict:

Topstep pays out, but its waiting periods and scaling restrictions make other prop firm alternatives more attractive.

Best Topstep Alternatives by Feature

???? Fastest payouts: Take Profit Trader
???? Best for low-cost evaluations: Apex Trader Funding
???? Best for multiple accounts: Apex Trader Funding (up to 20 accounts)
⚡ Best for instant funding: Tradeify
???? Best for tech-driven traders: DayTraders.com

Key Features to Consider When Choosing a Prop Firm

Before choosing a Topstep alternative, keep these factors in mind:

Evaluation Process: One-step vs. two-step.
Payout Speed: How quickly you can withdraw profits.
Scaling Rules: How contract sizes increase.
Drawdown Policies: Trailing vs. end-of-day drawdowns.
Trading Restrictions: News trading, holiday trading, etc.

Final Thoughts: Which Prop Firm Should You Choose?

If you’re looking for a Topstep alternative, here’s a quick guide:

???? Want fast payouts? Take Profit Trader (same-day withdrawals).
???? Want the lowest cost? Apex Trader Funding (cheapest evaluations).
???? Want instant funding? Tradeify (no evaluation required).
???? Want no trailing drawdown? MyFundedFutures.
???? Want multiple accounts? Apex Trader Funding (up to 20 accounts).

Ready to Get Funded?

???? Sign up for a prop firm today and start trading with funded capital! Compare the best futures prop firms here.

#1 Day Trader on Youtube