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TopStep Withdrawal - How to Request a Payout from TopStep

TopStep Withdrawal - How to Request a Payout from TopStep

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When you're ready to withdraw your earnings from trading with TopStep, there are a few things you need to know. First, you'll need to contact their team through the form in their app. Then, you can expect to receive your payout within two to five business days. Read on for more details about how the payout process works.

How the Payout Process Works

Once you've submitted a request for a payout, TopStep will process your request within two to five business days. They can process payouts using one of two methods: ACH wire or standard bank wire. If you have a US-based bank account, ACH wire is the best option for you—it's free of transfer fees. However, if your bank is based outside the US, you'll need to provide your bank information (including international SWIFT and IBAN account numbers), so they can send you a standard bank wire. PayPal is not an option for payouts.

Requesting a payout from TopStep is a simple process that only takes a few days to complete. Once you've submitted your request, please sit back and relax while they take care of the rest. You'll have your earnings in no time.

TopStep's Payout Policy 

Ever wonder how you can get paid while trading with TopStep? In the Funded Account & Premium Funded Account, traders can request a payout of up to 50% of their account balance after accumulating 5 winning trading days per payout request. But what exactly constitutes a "winning trading day?" Keep reading to find out!

A winning trading day is counted when a day's Net P&L is $100 or more. Winning days are accumulated as a running total between payout requests; they do not need to be consecutive days. This means that after making a payout, a trader will complete 5 additional winning trading days before being eligible for their next payout. You should note that this is required for each payout request. If a trader requests a payout before completing the necessary amount of winning trading days, their request will be denied. 

Conclusion 

So there you have it! Be sure to keep the information mentioned above in mind the next time you consider withdrawing from your TopStep account. As always, if you have any questions or concerns, don't hesitate to reach out to our team of experts. Happy trading!

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