Who is Michael Patak?

Who is Michael Patak?

Michael Patak is a Chicago-based financial markets professional and former floor trader and member of the Chicago Mercantile Exchange. He is the founder and chief visionary officer of Topstep Trader, an education and funding platform for new traders.

Who owns top step trader?

Patak Trading Partners, LLC
TopstepTrader/Parent organizations

How many funded traders does TopStep have?

10,000+ traders have traded TopstepTraders capital. 1,020 funded accounts in 2018, 1,764 in 2019, 6,033 in 2020.

How does TopstepFX work?

TopstepFX is a forex trading platform that gives traders the opportunity to earn a funded account. Traders are required to trade with a simulated account for several weeks, meeting profit targets and minimizing losses along the way.

How many Topstep accounts can I have?

There is no limit to how many Trading Combine accounts you can have running at a time. That being said, per the brokerage rules, a trader cannot have more than one Funded Account® open at a time.

What broker does Topstep use?

TopstepFX’s Funded Accounts trade through Equiti Capital. Equiti Capital is a Prime of Prime brokerage who sends orders directly to liquidity providers without funneling them through an internal dealing desk.

Is top step FX legit?

Topstep FX Review Summary TopstepFX allows trading beginners to practice trading by using a demo account in a real trading environment. Topstep is a funding company, and traders enjoy excellent education, trading tools and support during the evaluation process.

How much does top step cost?

Topstep Trader Pricing Pricing varies according to the size of the simulated account – the least expensive account, with a $30,000 starting balance, costs $150/month, while the most expensive account, with a $150,000 starting balance, costs $375/month.

Can I have multiple Topstep accounts?

Absolutely– plenty of our traders will trade on multiple Trading Combine® accounts simultaneously to become funded. There is no limit to how many Trading Combine accounts you can have running at a time.