TopTier Trader is a proprietary firm searching for experienced traders. They created a 2-Phase Evaluation process to determine if a trader has what they are looking for.
- Known CEO
- Over 2k Trustpilot reviews with an excellent rating of 4.9/5
- One free evaluation retry
- Funding up to $600,000
- Balance-based drawdown on Top Tier accounts
- Scaling plan up to $2,000,000
- Profit split of 80% up to 90%
- Leverage up to 1:100
- Tradable instruments forex pairs, commodities, indices, and cryptocurrencies
- Weekend and news trading allowed
- Equity-based drawdown on Top Tier Plus accounts
- No EAs allowed on Top Tier accounts
- No weekend holding on regular Top Tier accounts
Traders at TopTier Trader are encouraged to succeed in their careers. You may trade at your discretion and hold your trades as long as you want. The only restrictions are using EAs and copy trading, which is prohibited. Besides that, all they care about are the loss limits, while their main goal is to contract consistent traders and reward them with their high 80% up to 90% profit split.
Who are TopTier Trader?
TopTier Trader is a relatively new proprietary firm that launched on the 18th of October, 2021. They are located in the US, Delaware, and offer undercapitalized traders up to $600,000 in funding with a profit split of 80% up to 90%. Remember that they also have a scaling plan for their most successful traders, which goes up to $2,000,000 in balance. They provide their clients with Vital Markets as a broker.
Video Review
Funding program options
TopTier Trader offers its traders two different programs to choose from:
- TopTier Challenge evaluation program accounts
- Regular TopTier Challenge evaluation program accounts
- Swing TopTier Challenge evaluation program accounts
- TopTier Challenge Plus evaluation program accounts
TopTier Challenge evaluation program accounts
1. Regular TopTier Challenge evaluation program accounts
Regular TopTier Challenge evaluation program account aims to identify serious, and talented traders, who are rewarded for their consistency in the two-phase evaluation period. The evaluation program account allows you to trade with 1:100 leverage.
| Account Size | Price |
|---|---|
| $10,000 | $99 |
| $25,000 | $255 |
| $50,000 | $350 |
| $100,000 | $560 |
| $200,000 | $999 |
| $300,000 | $1,489 |
Evaluation phase one requires a trader to reach a profit target of 10% while not surpassing their 5% maximum daily loss or 10% maximum loss rules. You are required to hit your profit target in 40 calendar days from the day you place your first position on your evaluation account. You are also required to trade a minimum of four trading days in order to proceed to phase two.
Evaluation phase two requires a trader to reach a profit target of 5% while not surpassing their 5% maximum daily loss or 10% maximum loss rules. You are required to hit your profit target in 60 calendar days from the day you place your first position on your evaluation account. You are also required to trade a minimum of four trading days in order to proceed to a funded account.
By completing both evaluation phases you are awarded a funded account where you have no profit targets. You are only required to respect the 5% maximum daily loss and 10% maximum loss rules. Your first payout is 14 calendar days from the day you place your first position on your funded account. In this time period, you have no minimum trading day requirements as well as no other restrictions. Your profit split will be 80% based on the profit you make on your funded account.
Regular TopTier Challenge evaluation program account scaling plan
Regular TopTier Challenge evaluation program accounts also have a scaling plan. You are required to reach a profit target of 6% or more within a three-month period where two out of the three months were profitable. You will receive an account increase of 25% of the original account balance up to a maximum balance of $2,000,000.
Example:
After 3 months: If you have a $200,000 account, your account balance will increase to $250,000.
After next 3 months: Balance of $250,000 increases to $300,000.
After next 3 months: Balance of $300,000 increases to $350,000.
And so on…
Trading instruments for the evaluation program accounts are forex pairs, commodities, indices, and cryptocurrencies.
Regular TopTier Challenge evaluation program account rules
- Profit target is a specific percentage of profit that a trader is required to obtain before they can complete an evaluation phase, withdraw profits, or scale their account. Phase 1 profit target is 10%, while phase 2 has a profit target of 5%. Funded accounts have no profit targets.
- Maximum daily loss is the maximum loss a trader can reach on a daily basis before the account is violated. All account sizes have a maximum daily loss of 5%.
- Maximum loss is the maximum loss a trader can reach overall before the account is violated. All account sizes have a maximum loss of 10%.
- Minimum trading days is the minimum period which you are required to trade for before you can complete an evaluation phase, or request a withdrawal. Both phases have a 4 minimum trading day requirement. Funded accounts have no minimum trading day requirements.
- Maximum trading days are the maximum period in which you are required to hit a specific profit target or withdrawal target. Phase 1 has a maximum of 40 trading days period while phase 2 has a maximum of 60 trading days period.
- No weekend holding means that traders are not allowed to hold open positions during the weekends.
- No martingale allowed means that traders are not allowed to use any type of martingale strategy while trading.
- No EAs allowed means that traders are not allowed to use any type of EA services.
- No copy trading allowed means that traders are not allowed to use any type of copy trading services.
2. Swing TopTier Challenge evaluation program accounts
Swing TopTier Challenge evaluation program account aims to identify serious, and talented traders, who are rewarded for their consistency in the two-phase evaluation period. The evaluation program account allows you to trade with 1:30 leverage.
| Account Size | Price |
|---|---|
| $10,000 | $99 |
| $25,000 | $255 |
| $50,000 | $350 |
| $100,000 | $560 |
| $200,000 | $999 |
| $300,000 | $1,489 |
Evaluation phase one requires a trader to reach a profit target of 10% while not surpassing their 5% maximum daily loss or 10% maximum loss rules. You are required to hit your profit target in 40 calendar days from the day you place your first position on your evaluation account. You are also required to trade a minimum of four trading days in order to proceed to phase two.
Evaluation phase two requires a trader to reach a profit target of 5% while not surpassing their 5% maximum daily loss or 10% maximum loss rules. You are required to hit your profit target in 60 calendar days from the day you place your first position on your evaluation account. You are also required to trade a minimum of four trading days in order to proceed to a funded account.
By completing both evaluation phases you are awarded a funded account where you have no profit targets. You are only required to respect the 5% maximum daily loss and 10% maximum loss rules. Your first payout is 14 calendar days from the day you place your first position on your funded account. In this time period, you have no minimum trading day requirements as well as no other restrictions. Your profit split will be 80% based on the profit you make on your funded account.
Swing TopTier Challenge evaluation program account scaling plan
Swing TopTier Challenge evaluation program accounts also have a scaling plan. You are required to reach a profit target of 6% or more within a three-month period where two out of the three months were profitable. You will receive an account increase of 25% of the original account balance up to a maximum balance of $2,000,000.
Example:
After 3 months: If you have a $200,000 account, your account balance will increase to $250,000.
After next 3 months: Balance of $250,000 increases to $300,000.
After next 3 months: Balance of $300,000 increases to $350,000.
And so on…
Trading instruments for the evaluation program accounts are forex pairs, commodities, indices, and cryptocurrencies.
Swing TopTier Challenge evaluation program account rules
- Profit target is a specific percentage of profit that a trader is required to obtain before they can complete an evaluation phase, withdraw profits, or scale their account. Phase 1 profit target is 10%, while phase 2 has a profit target of 5%. Funded accounts have no profit targets.
- Maximum daily loss is the maximum loss a trader can reach on a daily basis before the account is violated. All account sizes have a maximum daily loss of 5%.
- Maximum loss is the maximum loss a trader can reach overall before the account is violated. All account sizes have a maximum loss of 10%.
- Minimum trading days is the minimum period which you are required to trade for before you can complete an evaluation phase, or request a withdrawal. Both phases have a 4 minimum trading day requirement. Funded accounts have no minimum trading day requirements.
- Maximum trading days are the maximum period in which you are required to hit a specific profit target or withdrawal target. Phase 1 has a maximum of 40 trading days period while phase 2 has a maximum of 60 trading days period.
- No martingale allowed means that traders are not allowed to use any type of martingale strategy while trading.
- No EAs allowed means that traders are not allowed to use any type of EA services.
- No copy trading allowed means that traders are not allowed to use any type of copy trading services.
TopTier Challenge Plus evaluation program accounts
TopTier Challenge Plus evaluation program account aims to identify serious and talented traders who are rewarded for their consistency in the two-phase evaluation period. The evaluation program account allows you to trade with 1:100 leverage.
| Account Size | Price |
|---|---|
| $10,000 | $99 |
| $25,000 | $250 |
| $50,000 | $375 |
| $100,000 | $599 |
| $200,000 | $999 |
| $300,000 | 1,399 |
Evaluation phase one requires a trader to reach a profit target of 8% while not surpassing their 5% maximum daily loss or 8% maximum loss rules. You are required to hit your profit target in 40 calendar days from the day you place your first position on your evaluation account. You are also required to trade a minimum of four trading days in order to proceed to phase two.
Evaluation phase two requires a trader to reach a profit target of 5% while not surpassing their 5% maximum daily loss or 8% maximum loss rules. You are required to hit your profit target in 70 calendar days from the day you place your first position on your evaluation account. You are also required to trade a minimum of four trading days in order to proceed to a funded account.
By completing both evaluation phases you are awarded a funded account where you have no profit targets. You are only required to respect the 5% maximum daily loss and 8% maximum loss rules. Your first payout is 14 calendar days from the day you place your first position on your funded account. In this time period, you have no minimum trading day requirements as well as no other restrictions. Your profit split will be 80% up to 90% based on the profit you make on your funded account.
TopTier Challenge Plus evaluation program account scaling plan
TopTier Challenge Plus evaluation program accounts also have a scaling plan. You are required to reach a profit target of 6% or more within a three-month period where two out of the three months were profitable. You will receive an account increase of 25% of the original account balance up to a maximum balance of $2,000,000.
Example:
After 3 months: If you have a $200,000 account, your account balance will increase to $250,000.
After next 3 months: Balance of $250,000 increases to $300,000.
After next 3 months: Balance of $300,000 increases to $350,000.
And so on…
Trading instruments for the evaluation program accounts are forex pairs, commodities, indices, and cryptocurrencies.
TopTier Challenge Plus evaluation program account rules
- Profit target is a specific percentage of profit that a trader is required to obtain before they can complete an evaluation phase, withdraw profits, or scale their account. Phase 1 profit target is 8%, while phase 2 has a profit target of 5%. Funded accounts have no profit targets.
- Maximum daily loss is the maximum loss a trader can reach on a daily basis before the account is violated. All account sizes have a maximum daily loss of 5%.
- Maximum loss is the maximum loss a trader can reach overall before the account is violated. All account sizes have a maximum loss of 8%.
- Minimum trading days is the minimum period which you are required to trade for before you can complete an evaluation phase, or request a withdrawal. Both phases have a 4 minimum trading day requirement. Funded accounts have no minimum trading day requirements.
- Maximum trading days are the maximum period in which you are required to hit a specific profit target or withdrawal target. Phase 1 has a maximum of 40 trading days period while phase 2 has a maximum of 70 trading days period.
- No martingale allowed means that traders are not allowed to use any type of martingale strategy while trading.
- Lot size limit requires traders to follow specified lot sizes for specific trading instruments. These are most usually set based on the initial account balance of the prop firm account. Note that they have a lot size limit of 5 lots on all indices, which applies only to funded accounts.
What makes TopTier Trader different from any other prop firm?
TopTier Trader is different from most of the industry-leading prop firms due to offering two different two-step evaluation funding programs: TopTier Challenge and TopTier Challenge Plus. They also almost never regulate your trading style. You can trade during news, hold trades overnight, and during the weekends.
Compared to other prop firms, the TopTier Trader evaluation program is a two-phase evaluation program that requires traders to complete two phases before being eligible for payouts. The profit target is 10% in phase one and 5% in phase two with a 5% maximum daily and 10% maximum loss rules, you are also required to trade a minimum of four trading days in each phase before becoming funded. Evaluation programs also have a scaling plan. Compared to other industry-leading prop firms, they have average profit targets and minimum trading day requirements.
Example of comparison between TopTier Trader & True Forex Funds
| Trading Objectives | TopTier Trader | True Forex Funds |
|---|---|---|
| Phase 1 profit target | 10% | 8% |
| Phase 2 profit target | 5% | 5% |
| Maximum daily loss | 5% | 5% |
| Maximum loss | 10% | 10% |
| Minimum trading days | 4 calendar days | 5 calendar days |
| Profit split | 80% | 80% |
Example of comparison between TopTier Trader & E8 Funding
| Trading Objectives | TopTier Trader | E8 Funding |
|---|---|---|
| Phase 1 profit target | 10% | 8% |
| Phase 2 profit target | 5% | 5% |
| Maximum daily loss | 5% | 5% |
| Maximum loss | 10% | 8% (Scaleable up to 14%) |
| Minimum trading days | 4 calendar days | No minimum trading days |
| Profit split | 80% | 80% |
Example of comparison between TopTier Trader & My Forex Funds
| Trading Objectives | TopTier Trader | My Forex Funds |
|---|---|---|
| Phase 1 profit target | 10% | 8% |
| Phase 2 profit target | 5% | 5% |
| Maximum daily loss | 5% | 5% |
| Maximum loss | 10% | 12% |
| Minimum trading days | 4 calendar days | 5 calendar days |
| Profit split | 80% | 75% up to 90% |
Compared to other prop firms, the TopTier Challenge Plus evaluation program is also a two-phase evaluation program that requires traders to complete two phases before being eligible for payouts. The profit target is 8% in phase one and 5% in phase two with a 5% maximum daily and 8% maximum loss rules, you are also required to trade a minimum of seven trading days in each phase before becoming funded. Evaluation programs also have a scaling plan. Compared to other industry-leading prop firms they have below average profit targets and average minimum trading day requirements.
Example of comparison between TopTier Trader & FundedNext
| Trading Objectives | TopTier Trader | FundedNext |
|---|---|---|
| Phase 1 profit target | 8% | 10% |
| Phase 2 profit target | 5% | 5% |
| Maximum daily loss | 5% | 5% |
| Maximum loss | 8% | 10% |
| Minimum trading days | 4 calendar days | 5 calendar days |
| Profit split | 80% up to 90% | 80% up to 90% |
Example of comparison between TopTier Trader & Finotive Funding
| Trading Objectives | TopTier Trader | Finotive Funding |
|---|---|---|
| Phase 1 profit target | 8% | 7.5% |
| Phase 2 profit target | 5% | 5% |
| Maximum daily loss | 5% | 5% |
| Maximum loss | 8% | 10% |
| Minimum trading days | 4 calendar days | No minimum trading days |
| Profit split | 80% up to 90% | 75% up to 95% |
Example of comparison between TopTier Trader & Funded Trading Plus
| Trading Objectives | TopTier Trader | Funded Trading Plus |
|---|---|---|
| Phase 1 profit target | 8% | 10% |
| Phase 2 profit target | 5% | 5% |
| Maximum daily loss | 5% | 5% |
| Maximum loss | 8% | 10% |
| Minimum trading days | 4 calendar days | No minimum trading days |
| Profit split | 80% up to 90% | 80% up to 90% |
In conclusion, TopTier Trader is different from most of the industry-leading prop firms due to never regulating your trading style, you can trade during news, hold trades overnight, and during the weekends. You are only not allowed to use EAs or copy trading services.
Is getting TopTier Trader capital realistic?
It’s essential to see how realistic the trading requirements are when looking at prop firms that best suit you and your forex trading style. For example, a company offering a high % profit split on a highly funded account sounds great, but if they expect high % gains per month with low % maximum drawdowns, your chances of success become close to zero.
Receiving capital from the TopTier Challenge evaluation program accounts is realistic mostly since they have industry average profit targets (10% in phase one and 5% in phase two) with average maximum loss rules (5% maximum daily and 10% maximum loss).
Receiving capital from the TopTier Challenge Plus evaluation program accounts is also realistic mostly since they have industry below average profit targets (8% in phase one and 5% in phase two) with average maximum loss rules (5% maximum daily and 8% maximum loss).
After considering all of that, TopTier Trader is an excellent choice to get funded since you have two different funding programs you can choose from that have realistic trading objectives to follow and conditions to receive payouts.
Payment proof
TopTier Trader was founded on the 18th of October, 2021. Traders can request withdrawals of their profit splits by submitting an invoice, which will get reviewed, and payouts will be processed. Traders must have their account active for 14 or 30 calendar days to request their first payout, depending on the account type that they are trading on. After that, they are eligible for bi-weekly payouts. You should allow 24-48 hours for payment processing while deducting their profit splits.
You can join their Discord channel for payment proof, where they have an article named payout proof.
You can watch interviews with their traders for additional payment proof on their Youtube channel. For example, watch the video listed below:
Which brokers does TopTier Trader use?
TopTier Trader uses Vital Markets as its broker. Their headquarters are located in Sydney, while they were founded in 2016 and are a subsidiary of Vantage International Group (VIG).
As for trading platforms, they allow you to trade on Meta Trader 4 and MetaTrader 5.
Trading instruments
TopTier Trader allows you to trade forex pairs with 100:1 leverage, commodities with 40:1 leverage, indices with 30:1 leverage, and cryptocurrencies with 2:1 leverage.
| FOREX: | USDCHF | GBPUSD | EURUSD | USDJPY | USDCAD |
| AUDUSD | EURGBP | EURAUD | EURCHF | EURJPY | GBPCHF |
| CADJPY | GBPJPY | AUDNZD | AUDCAD | AUDCHF | AUDJPY |
| CHFJPY | EURNZD | EURCAD | CADCHF | NZDJPY | NZDUSD |
| CADSGD | EURCZK | EURDKK | EURHKD | EURHUF | EURNOK |
| EURPLN | EURSEK | EURSGD | EURTRY | EURZAR | GBPDKK |
| GBPNOK | GBPSEK | NOKSEK | USDCNH | USDCZK | USDDKK |
| USDHKD | USDHUF | USDILS | USDMXN | USDNOK | USDPLN |
| USDRUB | USDSEK | USDSGD | USDTRY | USDZAR | GBPAUD |
| GBPCAD | GBPNZD | NZDCAD | NZDCHF |
| COMMODITIES: | COPPER | NGAS | UKOil | USOil | XAGUSD |
| XAUUSD | XPTUSD |
| INDICES: | DAX | NAS100 | US30 | ESP35 | EUSTX50 |
| FRA40 | JPY225 | SPX500 | UK100 |
| CRYPTO: | BTCUSD | ETHUSD | LTCUSD |
Trading fees
Trading commission:
| Assets | Fee Terms |
|---|---|
| FOREX | 5 USD / LOT |
| COMMODITIES | 5 USD / LOT |
| INDICES | 5 USD / LOT |
| CRYPTO | 5 USD / LOT |
Spread:
In order to check the live spreads login to the trading account below:
| Platform | Server | Login Number | Password | Download Platform |
|---|---|---|---|---|
| MetaTrader 4 | VitalMarkets-Demo | 2024767 | 1WZhbfw | Click here |
Education & Support for traders
TopTier Trader does not provide any educational content on its website.
They provide a well-structured dashboard that all of their clients can access, making it easier to manage risk with all the objectives about their statistics.
Trader dashboard – Statistics page with closed positions
Trader dashboard – Statistics page with open positions
Traders’ Comments about TopTier Trader
TopTier Trader has excellent feedback from reviews.
On Trustpilot, they have a large variety of their community commenting and giving positive feedback with a great score of 4.9/5 out of 2,496 reviews. They also have a reliable support team that will provide you with all the necessary information you require from them or if you are unsure of anything.
Their clients mentioned how they provide a prompt and reliable support service for their needs, which is always great to have from any prop firm.
Another thing I would like to mention is that their support team is fast and reliable and very patient with their clients. They walk you through the process until you are satisfied, acquiring all the information you need.
Social media statistics
TopTier Trader can also be found on social media.
They have a:
- Instagram account with 36,5k followers,
- Youtube channel with 6,81k subscribers and 31 uploaded videos,
- Telegram account with 5,396 subscribers, and
- Facebook page with 729 followers.
They also have a Discord channel with 16,585 members where you can follow all of their announcements, ask for help in their support channel, or just chat with the community about trading strategies.
Support
TopTier Trader has a FAQ page where you might find the missing information.
The support team is available on their social media or directly contact them on their website’s live chat.
Their support team is available 24/7 to answer their clients’ queries.
They also have a Discord channel where they provide support.
Conclusion
In conclusion, TopTier Trader is a legitimate proprietary trading firm that offers traders a chance to choose between two different funding programs: TopTier Challenge and TopTier Challenge Plus evaluation program accounts.
TopTier Challenge evaluation programs are industry-standard two-phase evaluation challenge that requires the completion of two phases before becoming funded and being eligible to earn profit splits. TopTier Trader requires traders to reach profit targets of 10% in phase one and 5% in phase two before becoming funded which are realistic trading objectives considering you have a 5% maximum daily and 10% maximum loss rules to follow. With TopTier Challenge evaluation programs, you can earn 80% profit splits while also being able to scale your accounts.
TopTier Challenge Plus evaluation programs are also industry-standard two-phase evaluation challenge that requires the completion of two phases before becoming funded and being eligible to earn profit splits. TopTier Trader requires traders to reach profit targets of 8% in phase one and 5% in phase two before becoming funded which are realistic trading objectives considering you have a 5% maximum daily and 8% maximum loss rules to follow. With TopTier Challenge Plus evaluation programs, you can earn 80% up to 90% profit splits while also being able to scale your accounts.
I would recommend TopTier Trader to anyone who is looking for a prop firm with straightforward trading rules. They are a well-established proprietary trading firm that offers excellent conditions for a big pool of individuals with unique trading styles. After considering everything TopTier Trader has to offer, they are for sure one of the better proprietary trading firms in the industry.
This review about TopTier Trader was lastly updated on 16.06.2023 at 07:35 (CE(S)T).
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