Topstep vs Take Profit Trader and Which Is The Best
Transcript
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What’s going on Traders so I’ve been asked this question over and over which one is better top step for take profit Trader before I get into that just want to let you guys know we’re streaming live 9:15 in the morning uh to about 11:30 and then we start again 1:30 or 2:00 in the afternoon through the end of the day all right so let’s get into this um I’ve been getting a lot of questions which one is better between TOP Step
And takeprofit Trader I’m going to lay out the differences between every kind of aspect of it and then kind of give my thoughts so basically um TOP Step these are the three that you could choose from 50k 100 150 these are the prices they don’t really run any coupons or discounts by the way if you’re looking for uh you know to get any of these accounts go in the description click the link it will give you the best price that’s available
Um it’s literally right in the description of this video so all right back to this there’s three of these accounts um they normally don’t run uh deals so this is about the price $49.99 and 149 as you can see Max contracts 5105 and basically the this is the total loss limit and and the daily loss limit for 50k is $11,000 now when you go here um obviously the price is much higher the deli loss limit is an extra $100 you can
Buy one more contract and the end of day draw down is $2,000 that is the same on take profit and TOP Step um usually they’re running a deal um that you can get these accounts for $85 or $100 so if you think about it takeprofit Trader is double the amount of TOP Step so you’re paying twice as much for takeprofit Trader then you are top step but don’t draw any conclusions yet I’m not done there’s obviously perks to takeprofit Trader so
Once you got the account um you know TOP Step is $1,000 a day stop loss take profit is 1100 once you get funded I believe top takeprofit Trader has a deal going on that there’s no uh fee so there’s no uh activation fee TOP Step does have an activation fee um so it all depends um it all depends on the account um actually they do do it’s $149 is how much tops that is so here you’d pay $149 here they were
Running a deal that has no activation fee so you’re paying double for the account but then there’s no activation fee so all if you do the math it all comes out to how many times it’s going to take you to pass um but if they’re not running that deal there is definitely an activation fee all right so now once you’re funded you activated the account take profit Trader you could pull money on day one but I believe you need to get
Like uh I believe you got to get like $2,600 um and then you could start pulling money out listen their quote unquote take money out on day one is uh you got to make a lot a lot of money lot a lot of money um most likely I’m not making that amount of money in one day so here you go just to you know bring this out um you know the payouts basically talk you know first first withdrawal TOP Step you
Definitely need uh $200 of profit needed for five trading days and then you can still only withdraw 50% of the profits but you got to remember you only need to make $1,000 here here you’re going to have to make like like 2600 so it is what it is uh payout Windows there’s no payout Windows here um there’s no payout window at top step but like you said you got to do five days um you can only withdraw 100% withdrawal after 30
Trading days on uh TOP Step um you know obviously it takes longer than a month there is no minimum days um you know you can just keep stacking on and they’ll just keep paying you here yes they do daily withdrawals here TOP Step does not like you said 5 days $200 you can only withdraw 100% after 30 days immediately day one you can pull um and they obviously list Apex Trader down the middle so you can see kind of you know
Whatever so payouts I would say what’s good about TOP Step is you could if you make $200 a day for five days you made $11,000 you start pulling money out takeprofit Trader you need to do more than double that but you can get daily withdrawal so say you have a day that you just crushed it you did $4,000 you can pull that money out on take profit Trader TOP Step you can so you know that’s definitely uh a plus basically this
Is is the same thing um you know this is that deal that they were running they do the 40% discount it’s 102 there’s no activation fees um you know iirm to is $49 the activation this is TOP Step but the thing is that’s if you’re doing uh every single one you get funded on now if it takes two to get funded they’re about equal but if you’re one for three on your evals then takeprofit Trader is going to be a lot
More um here’s the code click on the link in the description and then use this code and uh you know you get no fee for it so what are my thoughts at the end of the day I because of their structure um I like takeprofit Trader if you’re going to be very diligent and not take that many risks cuz you’re probably going to fund one out of every two accounts and then you would be live about the same money as it
Cost to do TOP Step but yet you could pull out on day one um that’s great but I do like TOP Step that if I only have a couple days of $200 and you know I only have made $1,500 I could pull money out um honestly I’m probably going to go TOP Step so I have a bunch of Apex accounts only because they were running the deal I’m probably going to go TOP Step next because it’s a lesser cost for me
To get used to the daily loss limit because right now Apex doesn’t have a daily loss limit and I’ve sometimes gone down 1,200 or500 and then make it all back in the same day while um on these accounts I would be done also you got to remember takeprofit Trader if you hit that daily loss limit of 1100 your account’s completely smoked TOP Step if you hit the daily loss limit they just cancel your account they just uh stop you from trading
For the day and the next day you can have you have the account back so I think I’m going to go TOP Step next and then I’m going to play around with it get funded and then maybe give takeprofit Trad or a try after but payout wise if you know you really can’t beat the ability to take out every single day from take profit so here’s what it is those are the differences um I like them both I just think me
Personally I think they both have better payouts than Apex it’s just Apex accounts are only $16 or $18 if you’re using rhythmic or tradate so I’m kind of uh using them first and then I’m going to migrate probably the top step because it’s only $49 in account and I get used to the daily loss Lo limit um it’s kind of like baby steps because the daily loss limit won’t kill my account it’ll just stop me from trading for the day and
Then once I’m used to it and I pass and get funded I’ll then give takeprofit Trader uh a shot to get funded with zero activation fees so I hope I laid this out for you um if you have any questions comment on the video be sure to subscribe you don’t want to miss us going live and I hope uh this settles a little bit of what’s better take profit or TOP Step and um you know I think they’re both probably the
Top two that I like it’s just uh I it just can’t compete when Apex is giving their accounts out so cheap currently so let me know which ones you guys are trading with and why you like those accounts
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