TopstepTrader is looking to improve traders’ early experiences in a Funded Account, which can often be costly out of pocket. With data fees rising to $105 in April, we want to pay your data fees for a year!
The offer ($1,260 value): We know how big of a jump it is to trade live capital. We consistently see that traders that are hyper-focused on risk at the start of their Funded Account perform better over the long run. (Here’s a blog post we just did about it!) And we’re looking to put our money where our mouth is.
So, TopstepTrader will pay one CME data fee per month for a full year ($1,260 value) to traders who opt into a reduced scaling plan and Daily Loss Limit (details below) in their Funded Account.
Traders “graduate” from the program by building their Funded Account balance to $4,000 or more. Regardless of how quickly a trader graduates, TopstepTrader will continue to pay one data fee for 12 months.
This program is completely voluntary. Any funded trader can opt to pay for the CME data fees and abide by the scaling plan and Daily Loss Limits in their Funded Account Agreement.
Contact Trader Support to opt into this program: firstname.lastname@example.org.
The scaling plan:
Daily Loss Limit:
The Daily Loss Limit for traders that take advantage of this offer will be set at:
$30K Trading Combine: $250
$50K Trading Combine: $500
$100K Trading Combine: $750
$150K Trading Combine: $1,000
*If your Funded Account hits the Daily Loss Limit above, you will not lose your account. Instead, your account will be auto-liquidated and you can resume trading the next day.
Adhere to other Funded Account rules:
Traders that opt to have TopstepTrader pay their CME data fee must comply with the other Funded Account rules, including the Weekly Loss Limit, being flat for important economic releases, and only trading permitted products during permitted times.
Opt out: Once TopstepTrader makes a data fee payment on the trader’s behalf, the trader will not be able to opt out of the reduced scaling plan and Daily Loss Limit until s/he has a balance greater than $4,000.
End of month trading: If a trader chooses to have TopstepTrader pay one CME monthly data fee, their live Funded Account will only be enabled if there are five or more trading days left in the month.
Inactivity: We ask that traders give us advance notice if they plan to take a month or more off of trading. Doing so will not reduce how many data fee payments out of the 12 possible remain.
Have questions? Contact our Trader Support at email@example.com.