All Firms/TopStep/$150,000

TopStep $150,000 Account Rules

Source checked Mar 21, 2026 | Primary source: Official TopStep rules
According to TopStep's official documentation (verified 2026-03-21), the TopStep $150,000 account has a $3,000 daily loss limit (2%), $4,500 max drawdown (trailing eod (floor moves up at end of day)), and a $9,000 profit target. The challenge fee is $149, with no minimum trading days. Breach level is $145,500.

TopStep's $150,000 evaluation has a $3,000 daily loss limit (2%), $4,500 maximum drawdown (trailing eod (floor moves up at end of day)), and a $9,000 profit target. No minimum trading days. Fee: $149. Always confirm live rules before purchasing because firms can change limits without updating older screenshots or reviews.

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Rules by Phase

evaluationfunded
Daily Loss$3,000 (2%)$3,000 (2%)
Max Drawdown$4,500$4,500
DD TypeTrailing EODTrailing EOD
Profit Target$9,000None
Min DaysNoneNone
News Tradingallowedallowed
OvernightNoNo

What This Means In Practice

You can lose max $3,000 in a single day.

Your account can never drop below $145,500.

If you grow to $151,000 by end of day, the floor moves up to $146,500. Your safety net stays the same size, but it follows you up.

At 1% risk per trade ($1,500), you can take 2 losing trades before hitting the daily limit.

How Many Losing Trades Before You Blow

Understanding how many consecutive losers your account can survive is the difference between passing and failing. Here is the math for the TopStep $150,000 account at different risk levels, based on the $4,500 max drawdown (trailing eod (floor moves up at end of day)).

Risk Per TradeDollar RiskLosers to Max DDLosers to Daily Limit
0.5%$75064
1%$1,50032
1.5%$2,25021
2%$3,00011
3%$4,50010

At the commonly recommended 1% risk per trade ($1,500), you can absorb 3 consecutive losing trades before breaching the $4,500 max drawdown. However, the $3,000 daily loss limit means you can only take 2 losers in a single day before getting locked out. This is the constraint that bites most traders first.

Because TopStep uses trailing eod (floor moves up at end of day), profits do not create additional buffer. If you are up $6,000 and then start losing, you still only have $4,500 of drawdown room from your peak. This is why trailing drawdown firms require more conservative risk management.

Position Sizing Guide for $150,000

Proper position sizing on the TopStep $150,000 account depends on your stop loss distance, the instrument you trade, and the rules you need to respect. Below are practical guidelines for this specific account.

Futures (ES / NQ micro and standard):

At 1% risk ($1,500) on the Micro E-mini S&P 500 (MES, $5/point), you can risk 300 points per contract, or trade 30 MES contracts with a 10-point stop. On the standard ES ($50/point), a 10-point stop means a $500 risk per contract, so you can trade 3 contracts at 1% risk. Daily limit of $3,000 means a maximum of 60 points of loss on 1 ES contract per day.

Conservative vs. aggressive sizing:

Conservative (0.5% risk): Risk $750 per trade. You can survive 6 consecutive losers before max drawdown. At a 2:1 reward-to-risk ratio, you need 6 winning trades (with no losers) to hit the $9,000 profit target.

Standard (1% risk): Risk $1,500 per trade. You can survive 3 consecutive losers. At a 2:1 reward-to-risk ratio, you need 3 winning trades to hit the target.

Aggressive (2% risk): Risk $3,000 per trade. Only 1 losers before breach. Just 1 losers hit the daily limit. Not recommended unless you have a proven win rate above 60%.

The key takeaway: on a $150,000 account with $4,500 max drawdown, trailing drawdown means you need to be especially disciplined because your floor follows your peak equity. Your profit target is $9,000 (6%), which means you need to earn 2.0x what you can afford to lose. Use the drawdown simulator to test different scenarios.

Pros

  • +Monthly subscription — cancel anytime ($49-149/mo)
  • +100% of first $10K profit, then 90%
  • +No minimum trading days
  • +Weekly payouts
  • +Supports TradingView

Cons

  • -EOD trailing drawdown — floor moves up with profits
  • -Must flatten all positions before market close (no overnight)
  • -Consistency rule: no single day > 50% of total profit
  • -Futures only — no forex

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Frequently Asked Questions

What is the daily loss limit on TopStep $150,000?

The daily loss limit on the TopStep $150,000 account is $3,000 (2% of starting balance). If your losses for the day reach this amount, your account is terminated.

How much can you lose on TopStep $150,000?

The maximum you can lose on the TopStep $150,000 account is $4,500. Your account is terminated if equity drops below $145,500. TopStep uses trailing eod (floor moves up at end of day).

What is the profit target for TopStep $150,000?

The profit target for the TopStep $150,000 account is $9,000 (6%). You need to grow your account to $159,000 to pass the evaluation.

How much does the TopStep $150,000 challenge cost?

The TopStep $150,000 challenge costs $149. This fee is typically refunded with your first payout after passing the evaluation.

How many losing trades can I take on TopStep $150,000?

At 1% risk per trade ($1,500), you can survive 3 consecutive losing trades before hitting the $4,500 max drawdown. The daily loss limit of $3,000 allows 2 losing trades per day.

Is TopStep's $150,000 drawdown static or trailing?

TopStep uses trailing eod (floor moves up at end of day) on the $150,000 account. The floor moves up at end of day when your closing balance exceeds the previous peak.

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