Topstep

Topstep runs a one-step evaluation with a profit split applied uniformly across every account it offers. Its drawdown is trailing, measured at each trading session's close, and resets to a fresh floor once the account moves to funded status. The evaluation fee is billed on a recurring basis until the account is passed. Traders choose between two otherwise identical account structures: one with an upfront activation fee, and one without — priced accordingly. Payouts are available on demand rather than a fixed schedule.