TopTier Trader is the perfect solution for traders that are looking for funding.TopTier trader accounts range from $5,000 to $300,000. With the option to trade Forex and other CFDs, TopTier Trader positions itself as a reliable and accessible platform for serious traders.
Support service is available 24/7. They use platforms like TradeLocker which further shows TopTier Trader’s commitment to help traders with the best possible tools online.
Leverage is up to 1:100.
Initial capital allocation is between $5,000 to $300,000. The pricing for these programs range from $80 to $1681. The company has risk management strategies in place such as a daily loss limit of 5% and a clear profit target of 8%. They also have a maximum drawdown rule in place to reward successful and consistent trading.
The company has two prominent features: its comprehensive 2-Tier evaluation process, and the profit split, which ranges from 80% to 90%, depending on the account size. TopTier Trader is dedicated to discovering and developing skilled traders in the industry.
TopTier Trader Coupon Code SAVE10
TopTier Trading Rating Online
TopTier Trader has gained mostly positive user reviews online. Traders loved several cool features: customer service, platform reliability, and overall trading experience.
Customer Service: Remarkable customer service is mentioned frequently, with a notable instance of an individual named Talha receiving praise for being super friendly and helpful.
- Trustpilot Reviews: 4.7/5 from 2,768 reviews
- Facebook Ratings: 4.9/5 from 54 reviews
Platform Reliability and Tools: Traders have expressed their satisfaction with the proprietary platform, TradeLocker, underlying TopTier Trader’s commitment to provide the most efficient trading tools.
User Experience: Their clear, no hidden rules policy and the availability of support around the clock contribute positively to user experience.
Profit Split & Funding: They offer a high profit split of up to 90% and funding options that can go up to $300,000, which is competitive in the market.
Aggregate Rating: 4.6/5
This rating is based on a careful analysis of user testimonials, the accessibility of customer service and how practical the trading tools are. We also must add the profit sharing and capital funding options that are outstanding.
How it Compares to Competitors
TopTier Trader presents a unique opportunity for traders looking to elevate their trading game. The firm, run by trading experts Cue Banks and Anthony Williams, offers a two-tier evaluation program which opens the door to potentially receiving up to $300,000 in funding for successful candidates.
| Indicators | TopTier Trader | FTMO | SURGE TRADER | THE FUNDED TRADER |
|---|---|---|---|---|
| Simulated Account size & model | 100k Standard Challenge | 100k Evaluation | 100k Evaluation | 100k Evaluation |
| Price (USD) | $476* (With Coupon) | $540 | $700 | $499 |
| Maximum simulated drawdown | 5% Daily | 10% Total | 5% Daily | 10% Total | 5% Daily | 10% Total | 5% Daily | 10% Total |
| Payout split (trader/firm) | 80/20 | 80/20 | 80/20 | 80/20 |
| Minimum Simulated Trading Days | 4 days | 4 days | 3 days | 5 days |
| Evaluation | 2 Phase | 2 Phase | 2 Phase | 2 Phase |
| Simulated Targets | 10% & 5% | 10% & 5% | 10% & 5% | 10% & 5% |
| Hold trade on weekends | Yes | Yes | Yes | Yes |
- Initial Funding: Start with a balance of up to $300,000.
- Profit Split: Earn up to 90% of the profits made.
The evaluation program at TopTier Trader has two phases and is designed to assess your skills and risk management abilities. If you complete this challenge successfully you can get the following:
- Trading Capital: Trade with a significant capital.
- TradeLocker: Access to proprietary tools like TradeLocker for easier trading.
TopTier Trader Features
Here is the list of the best TopTier Trader features:
- Demo Accounts with Virtual Funds: You can use demo accounts to practice strategies without risking real capital.
- Funding Levels: They offer up to $300,000 in funding for traders who pass their evaluation process.
- Profit Split: TopTier Trader offers a competitive profit split, reaching up to 90% in traders favor. .
- Trading Instruments: The firm provides access to: Forex, Indices, Metals, Commodities, and Cryptocurrencies.
Funded Accounts
Regular, Swing, and Extended account types. Each fits different trading styles and offers different scaling. The available instruments are Forex, cryptocurrencies, indices, and commodities.
Trading Conditions
The leverage provided can reach 1:100, giving traders the ability to control larger positions. Top Tier Trader has a maximum daily loss limit of 5%. As for profit targets, traders need to aim for 8-10% in Tier 1 and 5% in Tier 2.
Challenge and Profit Split
The fees for the challenge are variable. Fees can be refunded after you pass the challenge. Profits from live trading are split between the trader and TopTier Trader at a rate of either 80%-90% for the trader and 20%-10% for the firm, depending on the account type.
Platform and Support
Trades can be done on both TradeLocker and MetaTrader 4 platforms, with 24/7 support available.
Transactions
Deposit and withdrawal methods include bank transfers, bank cards, e-wallets, and crypto wallets.
TopTier Trader’s funding programs are designed to select the most skilled traders that are looking for capital growth and trading development. Their rules and support system provide a clear path for successful trading.
- Funding Levels: They offer high funding levels of up to $300,000 for qualified traders
- Profit Share: Profit share ranges from 80% to 90%
- Trading Platform: User-friendly Tradlocker platform is a considerable advantage
- Trading Freedom: The firm allows weekend holding and news trading
- Evaluation Process: There is a 2-phase challenge program that traders must pass to gain access to a funded account, which can put off some traders who want the funds fast
Meet the CEO
The CEO of TopTier Trader, Dave Gutman. His leadership is shown in the firm’s operational structure and massive market impact. Under his guidance, TopTier Trader has developed a comprehensive challenge program aimed at identifying and fostering talented traders.
As a figurehead, Gutmans’ influence extends well into social media and educational platforms. This transparency and commitment to mentorship support the core values of TopTier Trader.
Brokers Using TopTier Trader
TopTier Trader works with many renowned brokers. Below is a list of top 5 brokers known to work in cooperation with TopTier Trader:
- Forex Broker Inc
- Blueberry Markets
- FX Choice
- Trader’s Way
- LMFX
Each broker provides unique advantages, such as competitive spreads, diverse instrument offerings, and robust educational resources.
You should check each broker to see which one aligns best with your trading strategies.
Trading Platforms
TopTier Trader provides access to two trading platforms: MetaTrader 4 and TradeLocker. Each platform is equipped with unique features that cater to varying trader needs.
MetaTrader 4 (MT4)
- Pros:
- Widely Used: MT4 is a popular choice among forex brokers and traders across the globe, building a strong community for support and sharing of custom indicators.
- User-Friendly Interface: The design of MT4 allows for easy navigation and customization according to individual trading preferences.
- Advanced Charting: MT4 offers charting tools and over 50 pre-installed indicators for thorough analysis.
- Automated Trading: It supports automated trading systems known as Expert Advisors (EAs), aiding in the execution of trades 24/5.
- Cons:
- Outdated Design: The platform’s interface may seem outdated compared to newer software available in the market.
- Limited to Forex and CFDs: MT4 is best for expert forex traders.
TradeLocker
- Pros:
- Prop Firm Specialized: TradeLocker is perfectly designed for prop firms. It provides features tailored to the needs of new and expert prop firm traders.
- Integration with Funding Programs: The platform integrates with TopTier Trader’s funding programs, streamlining the trading process.
- Cons:
- Learning Curve: Traders accustomed to MT4 or other platforms may need time to adapt to TradeLocker’s environment.
- Limited Community: Being newer and more specialized, TradeLocker does not have the extensive community and resources that come with established platforms like MT4.
Trading Instruments
TopTier Trader available markets include:
- Forex
- Indices
- Commodities
- Cryptocurrency
You can find detailed information about all of the instruments offered by TopTier Trader on their website.
User Experience
TopTier Trader has a positive user experience. We haven’t found many complaints online. The platform offers 24/7 customer support through live chat, email and phone, making sure that traders can get help fast.
Deposit and Withdrawal Methods (withdrawal speed)
TopTier Trader provides traders with a streamlined process for both payments and withdrawals.Fees, if and when they happen, are mainly connected with the chosen bank or payment service.
Deposit Methods:
- Credit/Debit Cards
- Bank Transfers
- E-Wallets (PayPal, Skrill, etc.)
Withdrawal Methods:
- Bank Transfers
- E-Wallets
| Withdrawal Method | Processing Speed |
|---|---|
| Bank Transfers | 2-5 business days |
| E-Wallets | within 24 hours |
Pricing and Fees
TopTier Trader has different account sizes with an affordable pricing structure. Prices go from $80 to $1681, depending on the initial capital provided, which can be anywhere from $5,000 to $300,000.
Here is a basic overview of their fee structure:
- Initial Capital: $5,000 – $300,000
- Price Range: $80 – $1681
- Profit Split: Initially 80%, potentially increasing to 90%
The company provides a competitive advantage by offering a high profit split to traders, which starts at 80% and can increase to 90%. This tiered profit split is an attractive feature for potential traders looking for high returns on their successful trades.
Traders should be aware of the Daily Loss Limit and the Maximum Drawdown allowed in their account type to avoid additional fines. It is also noteworthy that TopTier Trader offers a refundable initial fee after the trader completes the first payout, which is an additional benefit that sets it apart from some competitors.
TopTier Trader has structured its challenges with fees that differ slightly from the main account fees. They advertise low challenge fees, making it more affordable for traders to prove their skills and potentially manage a larger fund.
The structure is clearly defined, without hidden costs, ensuring traders have a transparent understanding of the financial commitments required.
Support and Training for Traders
TopTier Trader is recognized for offering substantial support to its users, with a customer service team described as both friendly and helpful. They provide multiple channels to address queries:
- Email: For detailed inquiries and concerns contact them at: [email protected]
- Phone: 8883968550
- Chat: Real-time assistance for quick answers to basic questions.
TopTier Trader helps the trader by helping them with learning and checking their skills:
- Educational Content: Articles and insights on trading strategies and market analysis.
- Challenge Program: A two-phase program designed to test and improve trading capabilities.
- Live Q&A Sessions: Interactive platforms to discuss and clarify trading concepts.
TopTier Trader’s combination of support and training is truly unique and can be invaluable in case you run into some obstacles.
Verdict
TopTier Trader offers a robust platform for proprietary trading, and assets for trading which includes Forex, CFDs on Indices, Metals, Commodities, and Cryptocurrencies. The firm’s competitive edge lies in its substantial account funding options, reaching up to $300,000, paired with a high profit split payout that can be as much as 90%.
While the firm provides a 24/7 support service, there aren’t many reviews available.
TopTier Trader is perfect if you are looking for a well-funded trading career. From what we could tell, it’s best suited for a bit more experienced traders.
