Topstep and Trade Day are both popular futures prop trading firms. But how do they actually compare? This guide breaks down the key differences to help you decide which one fits your trading style and budget.
Cost Comparison
Topstep starts at $49 (monthly fee). Trade Day starts at $87 (monthly fee). Topstep is the cheaper option to get started.
Drawdown Rules
Topstep uses EOD trailing drawdown. Trade Day uses intraday trailing drawdown. These are fundamentally different approaches — EOD trailing moves with your equity while intraday trailing stays fixed. Learn more about drawdown types.
Profit Split
Topstep offers up to 90% profit split. Trade Day offers up to 95% profit split. Trade Day gives you 5% more of your profits.
Trading Rules
Topstep: news trading allowed, no overnight holds, bots/automation allowed. Trade Day: news trading restricted, overnight holds allowed, no automation. These rules matter depending on your trading style. Check out our trading styles guide to see which firm fits best.
Speed to Funded
Topstep requires a minimum of 2 trading days to pass. Trade Day requires a minimum of 5 trading days to pass. Topstep can get you funded faster.
The Verdict
Topstep comes out ahead with lower starting cost and faster path to funded. That said, Trade Day wins on better profit split. The best choice depends on your trading style and priorities.
Compare Side by Side
Want to see every rule and metric compared in detail? Use the full comparison tool to see Topstep vs Trade Day head to head.