Risk Warning: Your capital is at risk. 74-89% of retail investors lose money when trading CFDs.
You should consider whether you can afford to take the high risk.
TopTier Trader is a prop trading firm located at 547 NW 28th St, Miami, FL 33127, United States.
We’ve made a full review for you about TopTier Trader. Check out the analysis and detailed instructions on how to get funded.
Table of contents:
What Is TopTier Trader
TopTier Trader is a prop firm located in Miami, Florida, USA. The company offers a safe environment for testing your skills and aims to scale up funding to $2 million.
They focus on major currency pairs in the Forex market and have a solid number of followers on social media. TopTier Trader has received a 4.6-star rating on Trustpilot, with over 3000 real user reviews. .
TopTier Trader Coupon Code: SAVE10
TopTier Trader Instruments
TopTier Trader can fund you if you trade in CFDs. The full list can be found on their site and after you get your account. Here we list a few:
Asset Class | Sample Instrument |
---|---|
Forex | EUR/USD |
Indices | S&P 500 |
Commodities | Crude Oil |
Metals | Gold |
Cryptocurrencies | Bitcoin, Ethereum |
TopTier Trader Accounts
TopTier Trader accounts go from $5,000 up to $300,000.
The challenge prices are different and they depend on the account size. The price for the smaller account is $80 and goes up to $1,689 for the bigger account.
TopTier Trader Leverage 1:100
The leverage depends on the asset that you are trading with. Here’s the list of leverage by category for the Challenge Regular and Challenge Plus accounts:
Asset Class | Challenge Regular & Plus Leverage | Challenge Swing Leverage |
---|---|---|
Forex | 1:100 | 1:30 |
Commodities | 1:40 | 1:10 |
Metals | 1:40 | 1:10 |
Indices | 1:30 | 1:5 |
Cryptocurrencies | 1:2 | 1:1 |
How Much Is The TopTier Trader Payout?
The profit split starts at 80% but can be increased over time up to 90% if you keep trading with consistency.
Leaderboard
One of the cool features we found is the leaderboard where you can see how other traders are doing. You can also see what assets they’ve invested in and where they were selling them to make the profit.
TopTier Trader Real User Reviews
Very Positive, excellent even. 🙂 TopTier Trader is classified as excellent on Trustpilo reviews. It’s has an impressive 4.6/5.0 after more than 3,000+ real user reviews.
TopTier Challenge Explained
You need to prove your experience in a 2-phase evaluation process.
You need to have a profit target and trade for a minimum number of days avoiding exceeding a maximum daily loss and a maximum loss.
Phase | Minimum Days to Trade | Challenge Duration | Maximum Daily Loss | Maximum Overall Loss | Profit Target |
---|---|---|---|---|---|
1 | 4 days | 40 days | 5% | 10% | 10% |
2 | 4 days | 60 days | 5% | 10% | 5% |
TopTier Challenge Plus Account
Here you must prove your experience in a quick 2-phase evaluation process. Check the table below:
Phase | Minimum Days to Trade | Challenge Duration | Maximum Daily Loss | Maximum Loss | Profit Target |
---|---|---|---|---|---|
1 | 4 days | 40 days | 5% | 8% | 8% |
2 | 4 days | 70 days | 5% | 8% | 5% |
Does TopTier Trader allows EAs
If you like to use EAs to trade, TopTier Trader is a great prop firm for you. They allow EAs although only on the Plus account type. So if you want to use your EA to trade with TopTier Trader, make sure that you select the right account type.
TopTier Trader Platforms
TopTier Trader gives you access to the most popular trading platform used by Forex brokers.
You can use:
MetaTrader 4 and TradeLocker
TopTier Trader Trading Hours
Holding trades overnight is allowed on all programs. You can have your positions open for as long as you want according to your own trading style. Just be careful with daily and weekend gaps.
Holding trades over the weekend is only allowed for the Swing and Plus account types. If you’re trading the Regular account you must close your positions before the weekend.
Is TopTier Trader Legit?
Yes, TopTier Trader is a legit company.
Here’s how to get in touch:
- Email: [email protected]
- Phone: 888-396-8550
- Address: 547 NW 28th St, Miami, FL 33127, United States
- Website: Live chat
3 TopTier Trader Alternatives
- FunderPro
- FundedX
- Cove Funded