Topstep vs. TradeDay Comparison

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Published by Prop Firm Hero
Prop Firm DetailsTopstepTradeDay
Online Since20102021
HeadquartersUnited StatesUnited States
Prop Firm TypeFutures TradingFutures Trading
Buying Power50K-150K10K-250K
Profit Split90%-100%90%-100%
DiscountYes (70% Off)No

Tradeable CFD Assets

CFD AssetsTopstepTradeDay
ForexNoNo
IndicesNoNo
CommoditiesNoNo
StocksNoNo
CryptoNoNo

Tradeable Futures Contracts

Future ContractsTopstepTradeDay
Equity FuturesYesYes
Interest Rate FuturesYesNo
Foreign Exchange FuturesYesYes
Agricultural FuturesYesYes
Energy FuturesYesYes
Metal FuturesYesYes
Crypto FuturesNoNo
Micro FuturesYesYes

Available Funding Options

Funding OptionsTopstepTradeDay
One-Step EvaluationYesYes
Two Step EvaluationNoNo
Instant FundingNoNo

Rating Details from Trustpilot

Trustpilot DetailsTopstepTradeDay
Rating4.5/5.04.5/5.0
# of Reviews2,204334

What Trading Styles are Supported?

Trading StylesTopstepTradeDay
ScalpingYesYes
Day TradingYesYes
Swing TradingNoNo
Copy TradingYesYes
News TradingYesNo
EAs/Bots/Algos TradingYesYes
Arbitrage TradingNoNo
HFT TradingNoNo

How Long Can I Hold a Position?

Holding Period ConditionsTopstepTradeDay
IntradayYesYes
OvernightNoNo
Over The WeekendNoNo

What Trading Platforms Can Be Used?

Available PlatformsTopstepTradeDay
MetaTrader 4NoNo
MetaTrader 5NoNo
cTraderNoNo
Self-DevelopedYesNo
NinjaTraderYesYes
TradovateYesYes
RithmicYesNo
QuantowerYesNo
SierraChartYesNo
MultiChartsYesNo
Bookmap X-RayYesNo
FinamarkNoNo

What Payment Methods are Supported?

Payments to Prop FirmTopstepTradeDay
Wire TransferYesYes
PaypalYesYes
CryptoYesNo
Credit CardYesNo