TopstepFX News

TopstepFX Launches, Provides Risk-Free Trading Capital to Forex Traders Globally

Forex traders no longer have to risk thousands in capital to pursue their passion and make money trading.

CHICAGO — August 15, 2018 — Topstep, a Chicago-based firm with an eight-year track record of funding traders, announced today it started funding forex traders at TopstepFX™. At TopstepFX, forex traders enter a trading evaluation in order to earn TopstepFX’s proprietary trading capital. That evaluation, called the Trading Combine®, is an objective test of a trader’s ability to profit and manage capital safely. If traders meet the profit target and adhere to the the risk management guidelines, they earn TopstepFX’s live trading capital — guaranteed.

“As a trader, the market is your greatest teacher, but it also can have a bite,” said Michael Patak, a trader and Topstep’s founder, referring to the early losses that many traders experience. “Every trader should use TopstepFX to gain experience and consistency trading forex. You interact with live markets with the unlimited upside that comes from the potential of risk-free trading capital without putting tens of thousands of your own money at risk.”

The average retail forex trader loses €10,900, or roughly $12,500, trading, according to the Autorité des Marchés Financiers, a French regulator. Traders can enter TopstepFX’s evaluation, where they can earn $200,000 to $500,000 in live buying power, for between $125 and $275.

Traders, like Nikhil in Illinois and Fez in England, already put TopstepFX’s live capital to work to earn real trading profits. Nikhil has withdrawn more than $4,000 in profits, while Fez has withdrawn $2,700.

TopstepFX gives these traders 100% of their first $5,000 in profits and then 80% thereafter. If a trader is unsuccessful trading live capital, TopstepFX takes 100% of the losses.

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