Founded in 2021, TopTier Trader is a professional forex trading company based in Miami, Florida, offering a wide range of trading options in forex, stock indices, precious metals, commodities, and cryptocurrencies.

Key Features

• Account Sizes: Accounts range from $5,000 to $300,000.
• Profit Split: Up to 90% profit split, providing attractive profit-sharing mechanisms for traders.
• Fees: Challenge accounts start from $65, offering cost-effective options.
• Trading Platforms: Supports MetaTrader 4 and MetaTrader 5, providing stable and versatile trading environments.

Pros and Cons

Pros:

• Offers leverage up to 1:100, suitable for traders seeking high-leverage trading.
• Accounts up to $2 million, offering flexibility for traders.
• Provides various add-ons such as increased profit split, news trading, weekend trading, and EA trading.
• Offers quick payments within 24 hours; failure to pay on time results in a $1,000 compensation.

Cons:

• Challenge mode only provides a two-phase evaluation process, which may limit options for traders seeking more challenge levels.

Account Sizes

TopTier Trader offers account sizes ranging from $5,000 to $300,000:

• Small Accounts: Starting at $65.
• Large Accounts: Up to $1,345.

The account size determines the fees applicants need to pay, which may increase depending on the chosen account size and additional features.

Leverage

TopTier Trader provides different leverage ratios based on the trading category:

Challenge Regular and Challenge Plus Accounts:

• Forex pairs: 1:100
• Commodities: 1:40
• Precious Metals: 1:40
• Indices: 1:30
• Cryptocurrencies: 1:2

Challenge Swing Account:

• Forex pairs: 1:30
• Commodities: 1:10
• Precious Metals: 1:10
• Indices: 1:5
• Cryptocurrencies: 1:1

TopTier Trader starts profit split from 80%, increasing up to 90% with trader's consistency.

Challenge Accounts

TopTier Trader's challenge accounts allow applying for Regular or Swing account types, requiring proof of trading experience through a two-phase evaluation process.

Regular Account Challenge

Phase 1:

During this phase, you need to achieve the following profit target with no time limit:

• Minimum trading days: 4 days.
• Challenge duration: Unlimited.
• Maximum daily loss: 5%.
• Maximum loss: 10%.
• Profit target: 10%.

Phase 2:

After completing Phase 1 of the challenge, you can proceed to Phase 2.

In Phase 2, there is also no time limit to achieve the profit target. TopTier Trader has removed previous restrictions, so you just need to ensure you do not violate any rules. All rules are the same as in Phase 1, except the profit target is reduced. Details are as follows:

• Minimum trading days: 4 days.
• Challenge duration: Unlimited.
• Maximum daily loss: 5%.
• Maximum loss: 10%.
• Profit target: 5%.

Plus Account Challenge

Phase 1:

During this phase, you need to achieve the following profit target with no time limit:

• Minimum trading days: 4 days.
• Challenge duration: Unlimited.
• Maximum daily loss: 5%.
• Maximum loss: 8%.
• Profit target: 8%.

Phase 2:

After completing Phase 1 of the challenge, you can proceed to Phase 2.

In Phase 2, there is also no time limit to achieve the profit target. You just need to ensure you operate within the daily and overall loss limits. All rules are the same as in Phase 1, except the profit target is reduced. Details are as follows:

• Minimum trading days: 4 days.
• Challenge duration: Trade as needed.
• Maximum daily loss: 5%.
• Maximum loss: 8%.
• Profit target: 5%.

Notes

• TopTier Trader allows Expert Advisors (EAs) for trading, limited to the Plus account type.
• Currently, TopTier Trader does not offer free trials or free retries.
• TopTier Trader supports MetaTrader 4 and MetaTrader 5, the most popular trading platforms among forex brokers.
• All programs allow holding trades overnight, with weekend holding allowed only for Swing and Plus account types. Regular account holders must close positions before the weekend.
• News trading restrictions apply to Regular and Swing account types, prohibiting opening or closing trades 2 minutes before and after major news releases. No news trading restrictions apply to Plus account holders.

TopTier Trader provides a reliable platform for traders seeking diversified trading assets and challenge-based accounts, with options suited for high-leverage and flexible trading conditions.