Best Futures Prop Firm: Topstep vs. Futures Elite

 

Topstep: Account Types and Structure

Topstep provides a structured evaluation process designed to assess traders’ skills and discipline before granting access to funded accounts.

• Trading Combine: This is Topstep’s evaluation program where traders must hit a profit target of 6% before hitting the specified drawdown limit ( drawdown % varies between account sizes ).

For a $100,000 account traders must adhere to a strict drawdown limit of 3% and are permitted to hold upto 10 contracts simultaneously. This account costs $325/ monthly.

Upon successful completion, traders must then pay an activation cost of $149 before they are granted a funded account with a profit split of 90% to the trader and 10% to Topstep.

Futures Elite: Account Types and Structure

Futures Elite offers a variety of account types, each designed to cater to different trading preferences and risk tolerances.

• Evaluation Account – Starter Package: Traders aim for a profit target of 6%, with daily and overall drawdown limits. The monthly fee for a $100,000 account is $130, allowing up to 7 contracts simultaneously.
• Evaluation Account – Pro Package: Similar to the Starter Package but with an increased profit target of 8% and the ability to hold up to 10 contracts. The monthly fee is $230 for a $100,000 account.
• Instant Account: For traders preferring immediate access to funded capital without an evaluation phase, this account requires a one-time fee of $759 for a $100,000 account, with an overall drawdown limit of 5%.

Key Differences Between Topstep and Futures Elite

• Evaluation Process: Topstep employs only one type of evaluation account with specific profit targets and drawdown limits, whereas Futures Elite offers both evaluation accounts and instant funding options, providing flexibility based on traders’ preferences.
• Profit Sharing: Topstep offers a 90/10 profit split after passing the evaluation. Futures Elite however offers traders the opportunity to earn upto 100% of their profits made through trading with funded capital.
• Omitted Activation Cost: Topstep requires all traders who pass the topstep combine to pay an additional fee of $149 before being granted the firm’s capital. This fee can be expensive especially for traders who purchase the cheaper $50,000 account. Keeping the interests of trading in mind, Futures Elite has completely removed this additional expense!

Both Topstep and Futures Elite provide valuable opportunities for traders seeking to access funded accounts. Topstep’s structured evaluation process is ideal for those who prefer a clear, phased approach to funding. In contrast, Futures Elite offers flexibility with its range of account types, including instant funding options, catering to traders with varying preferences and risk profiles. Ultimately, the choice between Topstep and Futures Elite depends on individual trading goals, preferred evaluation methods, and desired account structures.

Join Futures Elite Today

Futures elite offers one of the highest profit splits in the industry of upto 100%, no activation fees and flexible payment structures, making it an attractive choice for traders who want more capital and a transparent path to success. Traders can stay up to date with market developments by subscribing to our newsletters on either Facebook, X or Instagram.

What are you waiting for? Empower Your Trading Journey, Maximize and Realize Your Full Potential! Become a Funded Trader Today