FTMO vs Topstep: rules compared

“The Maximum Daily Loss Limit is recalculated daily at 00:00 CE(S)T as the difference between: the account balance recorded at 00:00 CE(S)T of the current day and the Maximum Daily Loss Amount, which is 5% of the Initial Simulated Capital.”

“The Daily Loss Limit parameters are: $50K Account: $1,000”

“The Maximum Daily Loss Limit is recalculated daily at 00:00 CE(S)T as the difference between:”

“the account balance recorded at 00:00 CE(S)T of the current day and”

“The Maximum Loss Limit is calculated as the difference between: the Initial Simulated Capital and the Maximum Loss Amount, which is 10% of the Initial Simulated Capital.”

“Account Size | Maximum Loss Limit $50K | $2,000”

“The Maximum Loss rule establishes a static limit (the Maximum Loss Limit) below which your account equity (i.e., Balance + Open Positions P/L ± Swaps – Commissions) cannot drop.”

“The MLL is a trailing limit. It rises as your end-of-day balance grows, but never moves down. Once it reaches your starting balance, it locks permanently.”

“Profit Target 10% + 5%”

“Account Size | Profit Target | Best Day Recommendation $50K | $3,000 | Less than $1,650”

“Profit Target 10% + 5%”

“Min Trading Days 4 Days”

“Restrictions for trading during selected news releases apply only to the Standard account type. The Swing account type have no restrictions on trading during news releases.”

“Your trading style is up to you. As long as your trading is legitimate (in line with proper risk management), conforms to the real market conditions, and does not resemble forbidden practices, we have no reasons for limiting or restricting your trading strategy, whether it's discretionary trading, algorithmic trading, EAs, etc.”

“Can I use automated trading strategies? Yes, with conditions. Topstep won't help set up or troubleshoot automated strategies, and no exceptions are made for errant trades or malfunctions. Test on your Practice Account first and review Prohibited Conduct and Prohibited Trading Strategies before going live. You can also use a trade copier to duplicate trades across multiple accounts. See What is a Trade Copier?”

“Your largest single day cannot exceed 40% of your total net profit.”

“FTMO restricts holding positions through market breaks longer than 2 hours for all accounts, excluding the exceptions mentioned below. You must close all open positions before the break begins. Violating this rule may result in termination of an FTMO Account / FTMO Instant Account. This restriction does not apply to: any Swing type accounts any accounts in the FTMO Challenge or Verification With these accounts, you can hold your trades freely over any longer market closure (e.g. the weekend), provided that the Forbidden Trading Practices are avoided.”

“Friday close | 3:10 PM CT (closed till Sunday at 5:00 PM)”

“FTMO Account initiated from the 2-Step FTMO Challenge: By default, you receive a Reward according to 80% of the simulated profit.”

“90/10 profit split — you keep 90%”

“At least 2 processed Rewards within that same 4-month period”