Double payout caps… for traders who never get to use them 😂
He was eligible for ~$20k.
Topstep “promoted” him to live with an $8k account, a DLL, and profits he can’t withdraw.
That’s not moving up.
That’s moving liability off the books.
@GxTradez Weekly and daily profiles are both delayed protraction, with RB taking out current week's high(Mon), and all assets opening low today at 18:00. SSMT at both current week & daily highs.
🚨@Topstep quietly nerfs its Live Program
Lost in last week's max payout cap announcement, Topstep also made a change to its Live Funded MLL sometime over the past month.
Now: MLL in Live Funded is now $1,000 for all account sizes. You fall below, you lose your account.
Before: MLL by XFA size.
50k - $2,000, 100k - $3,000, 150k -$4,000
You don’t lack discipline.
You lack respect for your own word.
You’ll wake up at 7AM for a salary.
But sleep through the work that could change your life.
You’ll follow a boss’s rules.
But break your own trading plan in seconds.
The market doesn’t punish bad strategy.
It punishes weak character.
If you can’t keep promises to yourself,
you won’t keep them when money is bleeding.
And the market will expose that every time.
We will never have an “intraday” trailing drawdown rule that bust you out of a profitable position in the middle of your trading day, losing your account, just bc it pulled back a bit too much. If that has happened to you make the switch.
Stop flexing PNL. No one cares.
Show your actual executions + explain
WHY you entered: setup, edge, risk rules, and market context.
That builds real credibility and helps others learn way more than screenshots of money.
Process > profits.
Here's what Topstep isn't telling you in their new update ⬇️
And soon, there will be many traders in for a big surprise when they go to request their second payout and are denied / ineligible.
Topstep's big announcement today very clearly specified that nothing was changing in regards to the firm's policies (literally saying "Same rules.").
Yet, they quietly added this incoming update "coming soon" onto their website.
Soon, you won't be able to take a second payout unless your balance is at or above your first payout request amount. So, if you make $8,000 and withdraw $4,000, you won't be eligible for future payouts if your balance is below $4,000.
Yes, if your balance is still THOUSANDS of dollars into profit (but below $4,000), you can't withdraw any of the money you rightfully earned. Every system has losses and swings in PnL, and this rule is designed to stop further payouts. This type of scummy move is what you'd expect from a shitty smaller firm (or Apex), not Topstep.
It's a terrible policy disguised as promoting account longevity, when in reality it's just meant to make it far more difficult for you to take payouts. It's a scummy move, which I guess shouldn't be surprising after Topstep got other firms to adopt their trading platform just to rug pull it once the major bugs were figured out (there are still issues).
You're entitled to your opinion on that move ^, but this new policy change is straight up 100% anti-trader. This rule has 0 benefit and only downsides to the trader. Sharing this is important because I doubt even 5% of people using or not using Topstep have noticed this upcoming change. I didn't notice it either - it was sent to me by a member on Prop Firm Center https://t.co/D8Bq8Yj2wY
Maybe they'll send out an email to all users once the new change is live. However, regardless of Topstep's ethics on sneaking this onto their site while clearly promoting "Same rules", this incoming policy is terrible. If this doesn't matter to you - sure.... but, if it does, just use one of the MANY firms where the money you make is YOURS once funded. I'm not using a firm where I'm not eligible to withdraw the money I earned just because my account balance is $1 below the amount of what I last requested (while still being THOUSANDS into profit!).
Got some emails from them this morning all I will say is dumbest live account I've heard of not even 10:1 Micro to Mini ratio. Sacrificed a month on 2 rapid accounts ran up $60k to get cucked. Thank you @fnfutures @Flynn3624 solid experience