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FXIFY vs Topstep
Every figure below is computed from the same normalised dataset, so the two firms are measured on identical terms.
FXIFY vs Topstep - the short answer
FXIFY and Topstep compared on cost, risk rules, payouts and platforms. FXIFY advertises the higher profit split at 100% against 90%. Across 7 directly comparable measures in Prop Firm Pal's like-for-like data, FXIFY leads on 3 and Topstep on 2.
3
Measures where FXIFY leads
2
Measures where Topstep leads
2
Measures where they are level
15
Rows with no winner
Where FXIFY wins
3- Cheapest evaluation entry price$39
- Maximum advertised profit split100%
- Maximum drawdown limit4%
Where Topstep wins
2- Drawdown measured onBalance
- Founded2012
Side by side
22A value in green is more favourable to the trader on a measure with a defensible direction - cheaper, more drawdown room, a lower target. Rows where the better choice depends on how you trade, such as leverage or platform support, are left plain. Prop Firm Pal earns affiliate commission from some listed firms; this never affects the figures.
Cost
Evaluation cost to a $100,000 account
The fairest like-for-like price: entry prices are not comparable when the smallest account differs.
$399
Not published
Cheapest evaluation cost per $1,000 funded
$3.99
Not published
Cheapest evaluation entry price
The smallest account each firm sells - useful for a first attempt, not for comparing value.
$39
$49
Instant funding to $100,000
Priced on a different basis to an evaluation - there is no challenge to pass.
$4,249
Not offered
Programme
Evaluation types offered
1-step, 2-step, 3-step, instant
1-step
Maximum advertised profit split
Usually requires a scaling plan or a paid add-on rather than being the default.
100%
90%
Phase 1 profit target
4%
Not published
Account sizes sold
$1,000, $2,500, $5,000, $10,000, $15,000 +8 more
Not published
Risk rules
Daily drawdown limit
A larger limit is more room to trade, not a better product.
3%
Not published
Maximum drawdown limit
4%
3%
Maximum drawdown style
Static is fixed from your starting balance. Trailing follows your peak and is harder to trade.
Trailing
Trailing
Drawdown measured on
Equity counts open positions in real time. Balance counts only closed trades.
Equity
Balance
Payouts
Payout frequency
14 or 30 Days
Express Funded Account Standard: after 5 winning days of $150 or more. XFA Consistency: after 3 trading days within a 40% consistency target. Live Funded Account: daily after 30 winning days.
Payout methods
Bank Transfer, Riseworks, Crypto
Prop-to-Brokerage (US only), Aeropay (US banks), Wise (China, Canada, UK), ACH (US banks) +1 more
Payment methods accepted
Paypal, Crypto, Google Pay, Apple Pay +2 more
Visa, Mastercard, American Express, Discover +2 more
Platforms & markets
Trading platforms
DXtrade, MT5, TradingView
TopstepX
Instruments
Forex, Indices, Commodities, Stocks +2 more
Equity index futures, Energy futures, Metals futures, Agricultural futures +3 more
Maximum forex leverage
More leverage is more flexibility and more risk - neither firm is better here by default.
1:50
Not published
Track record
Community rating
4.0/5 (10)
4.5/5 (1)
Founded
Longer in market is more track record, all else equal.
2023
2012
Company location
United Kingdom
United States
Prop Firm Pal verification
Verified
Verified
Frequently asked questions
5FXIFY advertises the higher maximum at 100%, against 90% at Topstep. Note that the advertised maximum usually requires a scaling plan or a paid add-on rather than applying to a first account.
Daily drawdown is 3% at FXIFY and Not published at Topstep. Maximum drawdown is 4% and 3% respectively. Both use a trailing maximum drawdown.
FXIFY supports DXtrade, MT5, TradingView. Topstep supports TopstepX.
FXIFY scores 4.0/5 from 10 reviews and Topstep scores 4.5/5 from 1 review on Prop Firm Pal. Review scores are trader-submitted and are independent of any commercial relationship.
On the 7 directly comparable measures on this page, FXIFY leads on 3 and Topstep on 2, with 2 tied. Which of those measures matters depends on how you trade: cost matters most if you expect to need several attempts, drawdown style matters most if you hold positions overnight, and payout terms matter most once you are funded. Prop Firm Pal does not recommend one firm over another, and earns affiliate commission from some listed firms.
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To save money on a funded trading account, traders can use verified prop firm discount codes available on Prop Firm Pal. By applying these promo codes during checkout, traders reduce the cost of evaluation challenges. Combining structured comparisons with active discounts helps traders choose competitive programs while lowering upfront costs.
Prop trading is generally legal in most countries, but the regulatory status of specific prop firms can vary. Some jurisdictions have introduced rules affecting how prop firms operate or market their services. Certain prop firms also restrict access to traders in specific countries. Prop Firm Pal includes restricted country information on individual firm pages so you can quickly check whether a firm is available to traders in your region.
Yes, most prop firms charge a one-time challenge fee to enter an evaluation program. This fee typically ranges from around $50 for smaller account sizes to several hundred dollars for larger funded accounts. The fee covers access to the evaluation environment. If you pass, some firms refund the challenge fee with your first payout. Firms offering free challenges are rare and often compensate by taking a larger profit split or applying stricter conditions.
The best prop firm for futures trading will offer access to CME or exchange-listed contracts, clear rules around leverage and contract limits, and a payout structure suitable for high-frequency or systematic futures strategies. Futures prop firms often operate differently from forex-focused ones, with different fee structures and account types. Prop Firm Pal includes futures-focused firms in its comparisons so you can evaluate which programs support your preferred instruments and trading approach.
Each prop firm page on Prop Firm Pal includes a detailed company overview, evaluation rules, profit targets, drawdown limits, profit split information, available account sizes, trading instruments, restricted countries, FAQs, and user reviews. We aim to provide everything a trader needs to evaluate a funded trading program in one place.
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