Topstep vs Elite Trader Funding

Two futures props, one decision. Here’s how Topstep and Elite Trader Funding compare on the things that cost you money.

Side by side

Metric	Topstep	Elite Trader Funding
Cheapest entry (true cost)	$49	$180
Profit split	90%	Up to 90%
Drawdown type	Trailing intraday	EOD trailing
Max drawdown	Trailing (by size)	By plan (by size)
Payout frequency	On request	14-day windows
Days to payout	5 winning days · 1–3 day processing	8 ATDs (cycle 1) · Sim weekly, Live daily
Min payout	$125	$250 (Live Elite)

Our take: Topstep is the cheaper way in. Match the drawdown model to how you actually trade and you're set.

12+ year operating history. Rare real-capital live tier.

Diamond Hands plan allows overnight/weekend holds. Live path.

Compare more in the comparison tool or the true-cost hub.

Is Topstep or Elite Trader Funding cheaper?

On cheapest true-cost entry, Topstep comes in lower. See the table for exact figures.

Which is better, Topstep or Elite Trader Funding?

It depends on your asset class and drawdown tolerance. The comparison above lays out cost, drawdown and payouts so you decide on facts.

Compared 2026-06-09. Verify current terms on each firm’s site.