Son Lo

We want to quickly address the confusion regarding the changes that we made to our Live Funded Account program and highlight main changes.  Some of our competitors have misconstrued our changes and altered the narrative.  We will quickly clear the air below. - Changes were not made retroactively, this will only impact Live Accounts created on a go-forward basis. - IMPORTANTLY: Topstep still gives traders access to the highest total balance in Live markets in the industry.  Our competitors that share this model significantly limit the available balance in Live and their starting balance is lower than ours by a factor of 3x-10x.  Trading well gives traders access to the full 50k, 100k, or 150k balance and we are the only firm in the industry doing this. - Topstep traders will begin with up to 20% of their account value and scale up from there. - DLL: NOTHING has changed to our DLL approach, Topstep has never and will NEVER move to an intraday trailing drawdown methodology. There have been no changes to our Payout Policy or Live Trader Bonus schedule. TLDR: Only change is to the beginning balance, traders now scale up and scale in to the full account balance.  NO CHANGE to Payout Policy, DLL calculations, or Live Trader Bonus.