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TopStep Promo Code

TopStep Promo Code

If you've been looking for a way to hone your trading skills without risking real money, TopStep Trader has you covered, and this TopStep Trader review will tell you why. Their simulated trading platform allows you to put your strategies to the test in a realistic market environment.

TopStep Trader combines education and evaluation, allowing you to learn from expert traders as you work to meet their performance requirements. For those who cut, the potential payoff is the chance to earn a funded trading account.

You can knock 20% off the regular subscription fee using our referral link. That means access to their trading simulator, video lessons, and the prospect of securing actual funding for a fraction of the usual cost.

TopStep Trader presents an unparalleled opportunity for aspiring traders to learn, compete, and possibly earn a spot as a professional, all without putting their own money on the line. Use the promo code to start your journey and see if you have what it takes to trade at the highest level. This is a great opportunity for aspiring traders, seeing that TopStep Trader rarely offers coupons. Read on to learn more about TopStep Trader. Here is a TopStep Trader review.

What Is TopStep Trader?

TopStep Trader is an innovative prop trading firm. Founded in Chicago in 2012, it's been named one of America's 5,000 Fastest Growing Companies.

The platform is open to traders from all over the globe, with members from 143 countries. Funded traders can trade using the firm's capital and keep most profits. In 2020 alone, funded traders withdrew over $2 million.

The concept is simple. Traders create an account and compete in simulations to become the best. Top performers get promoted to funded trader status. You can actively trade using the company's funds as a funded trader. You keep the first $5,000 and 80% of profits after that.

TopStep Trader provides an opportunity for new and experienced traders alike. Their training program teaches you everything you need to know to trade futures, forex, stocks, and options. You learn skills like developing a trading plan, managing risk, and controlling emotions.

Whether you want to simulate trade to build experience or become a funded trader, TopStep Trader has something for you. Their one-of-a-kind model gives aspiring traders a chance to profit from the markets. If you have the dedication and discipline to succeed, TopStep Trader will give you the means to achieve your goals. With our coupon code, you get a ticket to trading success.

TopStep Trader Platforms

TopStep Trader offers 14 trading platforms, but TSTrader is the best for beginners. This free platform works on any device and has all the tools you need to get started.

TSTrader

Once you fund your account, you'll pay small fees for certain platforms, such as $0.53 per contract for TSTrader or $0.79 per contract for TradingView. However, the Trading Combine and all platforms are free to use during the trial.

TopStep Trader's automated trading platforms include:

  • NinjaTrader
  • TradingView
  • MetaTrader 4 (MT4)
  • MultiCharts

Other TopStep Trader trading platforms include:

  • Bookmap X-Ray
  • CTS
  • Daytradr
  • InvestorRT
  • MotiveWave
  • MultiCharts
  • Order Flow Trading
  • R Trader Pro
  • Sierra Chart
  • Trade Navigator

With many choices available, you can find a platform that suits your trading needs and experience level. Check out their website for details on each platform to determine which is right for you. Then, take advantage of their free trial to test them out.

Key TopStep Trader Features

TopStep Trader has useful features to help you succeed as a day trader, whether just getting started or looking to take your skills to the next level.

No-Fee Trading Platform

TopStep Trader supports more than 13 different platforms with no fees. It includes all the basic charts for managing your day trading career, like candlestick, bar, line, point & figure, Heikin ashi, and Renko charts.

Education and Coaching

Top Step Trader's commitment to education and coaching enables beginners and veterans to learn new tricks to increase their profitability. Every month, you'll receive a one-on-one session with your coach to review your trades and get advice on mistakes.

Performance Coaching Plan

If you haven't reached funded trader status or can't afford one-on-one coaching, tune in to Squawk Radio with Eddie Horn. Eddie shares his expertise and insights to help you become a better trader.

Key Tools and Resources

In addition to coaching and education, TopStep Trader provides useful tools like a scanner, simulator, and squawk box to help identify trade opportunities, practice strategies, and get live commentary from professional traders.

With its affordable pricing, robust education, advanced tools, and dedicated support, TopStep Trader has everything you need to take your day trading to the next level. Sign up today to start your journey to becoming a funded trader.

TopStep Trader Pricing

TopStep Trader offers four membership plans for traders using their simulator to hone their skills. The plans differ in the amount of buying power, position limits provided, and monthly cost. Here is a breakdown of the TopStep Trader plans:

$50k Buying Power

  • $165 per month
  • Profit Target: $3,000 (per step)
  • 5 contract position max
  • Daily loss limit of $1,000
  • Trailing max drawdown of $2,000

$100k Buying Power

  • $325 per month
  • Profit Target: $6,000 (per step)
  • 10 contract position max
  • Daily loss limit of $2,000
  • Trailing max drawdown of $3,000

$150k Buying Power

  • $375 per month
  • Profit Target: $9,000 (per step)
  • 15 contract position max
  • Daily loss limit of $3,000
  • Trailing max drawdown of $4,50

In addition to a 14-day free trial, TopStep Trader offers monthly memberships to suit traders at any level. Start with a lower-level plan and upgrade as your experience grows. With bigger positions and more buying power, you can take your trading to new heights under the guidance of TopStep Trader's experts.

How to Become a Successful Trader with TopStep Trader

To become a successful trader with TopStep Trader, focus on the fundamentals. Their program teaches you risk management and how to achieve your weekly loss limit. You'll be driven to hone your skills as you share in the profits.

Success means understanding the market, managing risks, and consistently hitting targets. TopStep Trader's program guides you through this journey to profitability.

Learn the Ropes

Take full advantage of the 14-day free trial and educational resources. Absorb all you can about trading techniques, market analysis, and risk management. The Trading Combine evaluates your skills; aim to pass all stages to become a funded trader.

Develop a Trading Plan

A trading plan is key. Outline your trading strategy, establish profit targets, and stop losses for each trade. Follow your plan to achieve consistency. Review and revise as needed based on your performance and market conditions.

Manage Risks

Risk management is what separates successful traders from unsuccessful ones. Never exceed your weekly loss limit. Users stop losses for each trade to avoid excessive losses if the market moves against them. Protect your profits by moving stops up as the market moves in your favor.

Achieve Profitability

Once funded, you'll receive a share of the profits for each contract traded. This incentivizes you to trade well and motivates you to become a profitable trader. With experience, you can increase your buying power and profit potential.

The path to becoming a successful trader is challenging but rewarding. TopStep Trader's guidance and trader development program provides the tools and opportunity to achieve this goal. Stay disciplined, follow the fundamentals, and persist—you'll be trading profitably in no time!

Pros and Cons of TopStep Trader

The TopStep Trader platform offers some excellent benefits for new traders looking to learn the ropes, but there are also some potential downsides to consider before signing up. These pros and cons are based on online TopStep Trader reviews.

Pros

TopStep Trader is a trading and educational platform that teaches new traders how to trade futures markets. Some of the major benefits include:

  • A modest starting capital is sufficient to initiate trading.
  • Strong support for popular trading platforms.
  • An extensive array of educational materials, including interactive live sessions.
  • Inclusion of a 14-day trial period.

Cons

However, there are a few potential downsides based on unbiased TopStep Trader reviews to keep in mind:

  • Achieving the funding threshold might pose difficulties.
  • Membership fees are comparatively elevated.

Overall, TopStep Trader can be a great way for new traders to learn the skills and get the experience needed to become a professional trader. However, go in with realistic expectations about the challenges involved and the possibility of losing money. With hard work and discipline, the rewards can be worth the risk. But as with any trading, success is not guaranteed.

Overview and Promo Code

The TopStep Trader coupon code is an excellent way to save money on your subscription. With our promo code, you'll receive 20% off the monthly membership fee.

This platform offers experienced and aspiring traders the chance to earn while learning. Their platform provides the tools and support you need to become a successful trader, including:

Whether you're just starting or have been trading for years, TopStep Trader has something for you. New traders can take advantage of their educational resources and mentorship programs. Seasoned traders will appreciate the high payouts and flexible rules.

So, if you've been thinking of becoming a trader or want to take your skills to the next level, this is a great place to do it. And with the promo code discount, now is the perfect time to start. Click here to start with TopStep Trader today and start your trading journey.

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