Score

1.55 /10
Danger

TopstepFX

United States

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index7.32

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

TopstepTrader, LLC

Company Abbreviation

TopstepFX

Platform registered country and region

United States

Company website

X

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Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2025-10-19
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

TopstepFX · Company summary
TopstepFX Review Summary
Founded2000
Registered Country/RegionUnited States
RegulationNo regulation
Market InstrumentFutures
Demo Account
Trading PlatformTopstepX
Customer Support24/5 live chat
Phone: 1-888-407-1611
Address: Chicago Board of Trade Building 141 W Jackson Blvd #4240 Chicago, IL 60604

TopstepFX Information

TopstepFX is a company that focuses on providing users with futures experiential learning and evaluation programs. It was registered in the US in 2000, but it's unregulated now.

TopstepFX Information

Pros and Cons

Pros Cons
Long historyNo regulation
Expert in futures programsLimited scope of services
Live chat supportUnclear fee structure
No info on deposit and withdrawal

Is TopstepFX Legit?

No. TopstepFX has no regulations currently. Please be aware of the risk!

license
domain

What can I Trade on TopstepFX?

IFX only focuses on providing users with futures trading services.

Tradable Instruments Supported
Futures
Forex
Commodities
Indices
Stocks
Cryptos
Bonds
Options
ETFs
assets
assets

Trading Platform

TopstepFX offers their own application named TopstepX.

Trading PlatformSupported Available Devices
TopstepXMAC, PC
Trading Platform

News

NewsWikiFX: TopstepTrader Teams Up with TradeStation to Bring Funding Opportunity to Futures Traders

TopstepTrader, a financial technology firm based in Chicago, IL that evaluates futures traders' performance in real-time simulated accounts, today announced a strategic agreement with TradeStation Technologies, Inc., the software technology affiliate of the award-winning* TradeStation online trading broker-dealer and futures commission merchant. The collaboration enables futures traders of all skill levels to participate in a simulated TradeStation trading environment with the opportunity to earn a Funded Account® by TopstepTrader and keep the first $5,000 in profits and 80% thereafter.

WikiFX
2022-04-19 15:32
WikiFX: TopstepTrader Teams Up with TradeStation to Bring Funding Opportunity to Futures Traders

User Reviews

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User comment

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Comments

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Zelindra
more than one year
They're all about that customer service, ya know? They got those AI bots and stuff to help you out, and if you need more, you can talk to actual funded traders who've been there, done that. But, let's be real, when it comes to regulations, they're not your typical broker.
They're all about that customer service, ya know? They got those AI bots and stuff to help you out, and if you need more, you can talk to actual funded traders who've been there, done that. But, let's be real, when it comes to regulations, they're not your typical broker.
Translate to English
2024-07-04 18:19
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Ellie我们拉勾勾
more than one year
This company does not seem to provide demo account services. Although the conditions of the deal looked good, I decided to look at other companies and maybe find something new.
This company does not seem to provide demo account services. Although the conditions of the deal looked good, I decided to look at other companies and maybe find something new.
Translate to English
2023-02-20 15:29
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