To submit a Topstep payout request, log qualifying winning days on your funded account, complete identity verification and the correct tax form, then open your trader dashboard, choose a payment method, and enter a withdrawal amount between $125 and your account’s cap. Internal review takes one to three business days before funds are released.
What You Need Before Requesting a Payout
The payout option only appears on your dashboard after you meet three conditions: qualifying trading days, identity verification, and a tax form on file.
Qualifying Trading Days by Account
On the Express Funded Account (Standard path), you need five winning days with at least $150 in net profit each. Days don’t need to be consecutive, and each locks in at 4:00 PM Central Time. The count resets from the date of your last request after every payout.1Topstep Help Center. Topstep Payout Policy
On the Express Funded Account (Consistency path), you need three trading days with at least one trade each, and your single largest profit day cannot make up more than 40% of your total net profit. The consistency calculation and the day count both reset after each payout.1Topstep Help Center. Topstep Payout Policy
On the Live Funded Account, the threshold is five Benchmark Trading Days of $150 or more in trading profits. Benchmark days you earned in an Express Funded Account don’t carry over. Once you accumulate 30 Benchmark Trading Days in the LFA, you unlock daily payouts of up to 100% of your share of profits.2Topstep. Live Funded Account Trading Rules
Every request must be at least $125. The standard profit split is 90/10 in your favor. If you joined before January 12, 2026, a legacy provision gives you 100% of your first $10,000 in lifetime profits before the 90/10 split begins.1Topstep Help Center. Topstep Payout Policy
KYC Verification
Before a first payout can process, Topstep runs a Know Your Customer check. You’ll need an unexpired, original government-issued ID: a passport, driver’s license, or national ID card. Photocopies or images shown on another screen won’t work. You also take a live selfie with a camera-equipped device, and the system compares it to your ID photo.3Topstep Help Center. How KYC/Identity Verification Works
Tax Form
Topstep treats funded traders as independent contractors. U.S. residents complete IRS Form W-9 to provide their taxpayer identification number.4Internal Revenue Service. Form W-9 – Request for Taxpayer Identification Number and Certification International traders submit Form W-8BEN to establish foreign tax status.5Internal Revenue Service. About Form W-8 BEN, Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding and Reporting (Individuals) File yours before you hit the winning-day target. Payouts won’t process without it.
Submitting the Request From Your Dashboard
Once qualifying days are logged and your KYC and tax documents are on file, the payout option appears in your Topstep Dashboard. Select a payment method, enter a dollar amount within the $125 minimum and your account cap, and confirm.
Topstep offers four payment methods:
- Aeropay, available only to U.S.-based traders. You link your bank through Plaid from the dashboard, and banking credentials are not stored in Topstep’s system. If your bank supports real-time payments, Express Funded Account payouts can arrive almost instantly after approval; banks without RTP default to ACH delivery in one to three business days. The receiving bank account must be in your own name.1Topstep Help Center. Topstep Payout Policy
- Wise, recommended for international traders, with local currency conversion at real exchange rates. If you don’t already have a Wise account, you’ll receive an email to sign up and claim funds within seven calendar days; unclaimed funds are canceled and returned to Topstep. Your Wise email must match your Topstep profile email.1Topstep Help Center. Topstep Payout Policy
- ACH, a standard domestic bank transfer that takes one to three business days after approval.
- Wire/SWIFT, for international traders who need a direct bank-to-bank transfer outside the Wise network.
Topstep does not charge its own fee for Aeropay or Wise, though your bank or payment service may apply separate charges.1Topstep Help Center. Topstep Payout Policy
After you submit, the platform generates an automated confirmation and the request enters internal review for one to three business days. The compliance team checks that trading rules were followed and payout requirements are met. If approved, funds are released to your chosen method.1Topstep Help Center. Topstep Payout Policy Requests can be delayed or denied if a review finds Terms of Use violations, fraudulent activity, or account manipulation.6Topstep Help Center. Prohibited Conduct
How Much You Can Withdraw
You cannot pull your entire profit balance in one request. On both Express Funded Account paths, each payout is capped at 50% of your account’s reward balance, with these per-payout dollar limits:
- XFA Standard: up to $5,000 per payout, regardless of account size.7Topstep. Express Funded Account Rules
- XFA Consistency $50K: up to $3,000 per payout.
- XFA Consistency $100K: up to $4,000 per payout.
- XFA Consistency $150K: up to $6,000 per payout.1Topstep Help Center. Topstep Payout Policy
After each XFA payout processes, the qualifying-day count resets: five more winning days on Standard, three more on Consistency.
Live Funded Account payouts are capped at 50% of your share of trading profits until you reach 30 Benchmark Trading Days. After that, you can request up to 100% of your share once per business day. Topstep monitors total payouts to ensure they don’t exceed 90% of the starting balance plus net trading profits.2Topstep. Live Funded Account Trading Rules
What a Payout Does to Your Account
Withdrawing changes your risk parameters, not just your balance. On an Express Funded Account, after your first payout the Maximum Loss Limit permanently resets to $0. If your balance ever drops to zero after that, the account closes. Withdrawing $5,000 from a $10,000 balance leaves you at $5,000 with no cushion beneath it.8Topstep Help Center. What is the Maximum Loss Limit
On a Live Funded Account, requesting a full 100% payout closes the account, because doing so pushes the balance to the Maximum Loss Limit.1Topstep Help Center. Topstep Payout Policy Size each request with your remaining trading runway in mind.
Taxes on Your Payouts
Because you’re an independent contractor, Topstep issues a 1099-NEC reflecting your gross payout amount before any processing fees if you receive $600 or more in a calendar year.9Topstep Help Center. Funded Trader Tax Questions Under $600 and no 1099-NEC, you still owe reporting on all payout income.
Prop firm earnings are subject to self-employment tax for Social Security and Medicare. The combined rate is 15.3% on net earnings up to the Social Security wage base, which is $184,500 for 2026.10Social Security Administration. Contribution and Benefit Base Earnings above that still owe the 2.9% Medicare portion. Report trading income on Schedule C (Form 1040), where you can also deduct business expenses like platform fees and market data subscriptions.