What happens if you hit drawdown on TopStep?
Last verified: 2026-03-21 | Official rules
If you hit the maximum drawdown limit on TopStep, your account is immediately terminated. All open positions are closed and you lose access to the account.
TopStep uses trailing eod (floor moves up at end of day) drawdown. Here is what that means:
Your drawdown floor moves up at the end of each day when your closing balance exceeds the previous peak. For example, on a $50,000 account, if you close the day at $51,000, your new floor moves up by $1,000. The floor never moves down.
Drawdown limits by account size:
- -$50,000: $1,500 max drawdown (floor at $48,500)
- -$100,000: $3,000 max drawdown (floor at $97,000)
- -$150,000: $4,500 max drawdown (floor at $145,500)
To try again after termination, you need to purchase a new 1-step evaluation. Fees range from $49 ($50,000) to $149 ($150,000).