WICK FUNDED vs Topstep

2026 comparison · Last verified June 2026

TL;DR

Different asset classes, so the honest answer is: trade futures, choose Topstep — it's the proven leader and WICK doesn't even offer futures. Trade forex, metals, crypto or oil, choose WICK for its cheaper one-time entry, static drawdown and modern terminal, while accepting it's a brand-new firm without Topstep's track record.

WICK leads on 3 criteriaTopstep leads on 3

Traders line these two up, but they are honestly different animals. Topstep is a futures-only firm (CME contracts like ES, NQ, GC) with a 13-year track record and over $1B paid out — the gold standard for futures prop. WICK FUNDED is a brand-new simulated firm focused on forex, metals, crypto and oil with CFD-style pricing and an in-house terminal. If you trade futures, Topstep is the proven name; if you trade forex/metals/crypto, WICK is built for you and Topstep simply doesn't offer those markets. Pick by asset class first, then compare the rest.

At a glance

CriteriaWICK FUNDEDTopstepEdge
Asset classForex, metals, crypto, oil (CFD-style)Futures only — CME (ES, NQ, GC, CL, etc.) Tie
Track recordNew firm, launched 2026 — unproven13 years, $1B+ paid, 200K+ tradersThem
Cheapest entry$29 one-time (2-Step $5K), pay onceFrom $49/mo + $149 activation fee per funded account WICK
Fee modelOne-time fee per evaluation, no monthly billingRecurring monthly subscription until you pass, plus activation fee WICK
Evaluation model1-Step (10%), 2-Step (8% then 5%), or Instant FundedTrading Combine ($50K/$100K/$150K), then Express Funded Account Tie
Profit split80% to 95% (laddered up over time)90/10 from dollar one (since Jan 2026) Tie
PayoutBi-weekly (every 14 days), paid in USDTAfter 5 winning days ($150+ each); Wise/ACH, often near-instantThem
Max drawdown5-6% static (does not trail) — tighter ceiling, fixed floorTrailing Max Loss Limit; resets to $0 after each payout Tie
Consistency rule25-35% max single dayYes — consistency path requires ~40% target Tie
PlatformIn-house web terminal: real-time P&L, hotkeys, drag SL/TP, built-in AI coach. No MT4/MT5TopstepX (proprietary) plus NinjaTrader/TradingView. No MT4/MT5Them
Time limitNone — no daily minimum, no expiryNo time limit on Combine; winning-day rules apply to payouts Tie
First-party account REST APIYes — public, documented (OpenAPI 3.1)Yes — TopstepX / ProjectX REST + WebSocket Tie
One-click MCP / AI connectionYes — Claude, ChatGPT, Cursor via OAuthNo native one-click MCP WICK

Choose WICK FUNDED if…

  • You trade forex, metals, crypto or oil — markets Topstep does not offer at all
  • You want a low one-time fee ($29) instead of a recurring monthly subscription plus activation fee
  • You prefer a static drawdown that never trails up on you and no time pressure
  • You want fast crypto (USDT) payouts and a modern in-house terminal with a built-in AI coach

Choose Topstep if…

  • You trade futures on CME (ES, NQ, GC, CL) — WICK does not offer futures
  • You want a long, proven track record with $1B+ already paid to traders
  • You value an established platform ecosystem (TopstepX, NinjaTrader, TradingView)
  • You want near-instant payouts after meeting the winning-day requirements

FAQ

Is WICK FUNDED a Topstep alternative?

Only loosely — they serve different markets. Topstep is futures-only on CME, while WICK is simulated forex, metals, crypto and oil, so WICK is an alternative for non-futures traders, not a like-for-like swap.

Which is cheaper to start?

WICK is cheaper up front at a $29 one-time fee for the 2-Step $5K, paid once. Topstep starts at $49/month plus a $149 activation fee per funded account, so costs accrue monthly until you pass.

Who has the better track record?

Topstep, by a wide margin — 13 years, over $1B paid and 200,000+ traders, though its Trustpilot has slipped to around 3.4 after recent rule changes. WICK launched in 2026 and is still building its reputation.

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WICK FUNDED vs Topstep — 2026 Comparison