TopstepTrader reviews

4.4

84% would recommend to a friend

(67 total reviews)

Michael Patak

90% approve of CEO

84% positive business outlook

TopstepTrader has an employee rating of 4.4 out of 5 stars, based on 67 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The TopstepTrader employee rating is in line with the average (within 1 standard deviation) for employers within the Education industry (3.7 stars).

Reviews by job title

67 reviews
1.0
Aug 19, 2021

Not What I Envisioned

Recommend
CEO approval
Business Outlook

Pros

Working from home and having a job.

Cons

Laid off employees in kind of a game show manner where everyone was placed in a zoom and were told if you get a link shortly you would be let go. Imagine the stress that caused for some folks. I was excited to work at Topstep under the impression that Topstep's idea was to help traders have a safe place to learn and improve their trading skills. I was wrong, this is a company dedicated to one thing and thats how many monthly fees and how many reset fees we can get out of you. Trading education? Yes if you were willing to pay a coach over $350 a month for it. If you get too good at trading on TopStep, they will put barriers in place to stop you from reaching that finish line. They feed the traders lil nuggets like look here is a list of the guys who passed the combine vs the percentage of traders who passed each month. Besides the cliches etc this company is the boys club and a money pit. Diversity is miniscule

avatar
TopstepTrader Response
4y
Thank you for sharing your honest thoughts. We’re sorry that your experience with Topstep didn’t match your expectations. There is no ideal way to do layoffs, but with Covid still present, bringing the team together in the office was not possible. This was an incredibly difficult decision and we tried our best to conduct the process in a fair and compassionate manner. We apologize if we fell short in this effort, but we needed to align the size of our business with the reality of the markets. As for our traders, we are proud to offer them a safe opportunity to professionalize their passion without risking their own savings in high-risk markets. Topstep works hard to provide tools, practice accounts, and educational resources, many of which are complimentary, to help our traders — we invested heavily into building Coach T, our new Digital Trading Coach. All of this is meant to put aspiring traders in the best possible position to succeed. We share funded trader stories to motivate less experienced traders and show the rewards possible when one trades with discipline and patience. We believe strongly that our risk rules instill these positive qualities in traders. Diversity is a value at Topstep and we are proud to have people from all walks of life represented on our teams, leadership, and ownership group at Topstep. We wish you nothing but the best going forward with your career and thank you again for your feedback.
5.0
Jul 31, 2018

Love this company!

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The people here are smart, hard working, kind, and fun. The leadership is transparent and values mentoring , coaching, and emotional intelligence. They actively give employees exposure to all levels of leadership, and they go beyond an 'open door policy' to having real relationships with their teams. All the fun team events are great, too!

Cons

Nothing major.. The two weeks of the year that I have kitchen duty is probably the worst thing I can think of..

4.0
Apr 1, 2015
Recommend
CEO approval
Business Outlook

Pros

Really great group of people. Felt like a second family. CEO was right in the same office with an open door policy. My opinions were valued and considered and I was trusted to wear a lot of different hats. Trading wasn't an industry I was super familiar with before starting, but I had the support of others to help teach me the ropes so that I could do my job to the best of my ability. Working at a start up takes a special kind of person, but if you are up for the challenge, you can reap the benefits.

Cons

As with any job, there were some times of high stress, but that was also a direct result of the start up environment. Ideas and initiatives could get scrapped at the last minute and some work/time could be wasted - but you learn to roll with the punches. Everyone is there to help TopstepTrader succeed.

Viewing 4 - 6 of 67 Reviews

Glassdoor has 93 TopstepTrader reviews submitted anonymously by TopstepTrader employees. Read employee reviews and ratings on Glassdoor to decide if TopstepTrader is right for you.