Browsing: Topstep

Retail prop firms make most of their money from evaluation fees, with additional revenue from subscriptions, resets, profit splits, hedging and trading data. Here’s how the business model works and how it differs from institutional prop firms.

Topstep has launched a new $1.5K Labs Challenge for $39, but the lower payout and two-micro contract limit make it a clear downgrade from the previous $3K Challenge.

A busy week in prop trading saw controversial rules introduced and reversed, My Forex Funds move closer to a return, and more limited-time Labs programs hit the market.

Topstep’s $3K Challenge offered a $3,000 payout for just $49. Here’s how it worked, how difficult it was, and whether it offered good value.