TopTier Trader debuted on October 18th, 2021, and is a relatively new proprietary company. They are based in Delaware, US, and provide undercapitalized traders with funding up to $600,000 with a profit split of 80% to 90%. Remember that they also have a scaling plan for their best traders that allows for balances of up to $2,000,000. They use Vital Markets as a broker for their customers.
Top Tier Trader offers its traders two different programs to choose from:
- Top Tier Challenge evaluation program accounts
- Top Tier Challenge Plus evaluation program accounts
They provide a well-structured dashboard that all clients can access, making it easier to manage risk with all the objectives of their statistics.
TopTier Trader February Competition
TopTier Trader has officially announced its February Competition. The registration for the TopTier Trader February Competition is officially LIVE. Traders must follow all the rules of the TopTier Challenge. The traders who make the most percentage gain on the account at the end of the month win!
Let’s see who will make it to the competition will start on February 1st. Traders can register up until that date!
Follow all the same rules for the TopTier Challenge, which are as follows:
- 5% Max Daily Drawdown
- 10% Max Total Drawdown
- 7 Minimum Trading Days
Also, the firm announced that traders should not take advantage of unrealistic fills in the demo environment. The competition starts on the 1st of the month and ends on the last day of the month at midnight. If you are one of the winners, someone from TopTier Trader lives chat support team will reach out with the appropriate prize.
The prizes are as follows:
- First Place: $200k TopTier Plus Challenge
- Second Place: $100k TopTier Plus Challenge
- Third Place: $50k TopTier Plus Challenge
And while you are here, don’t forget about the discount code (TMZ2IGAINC) for a 5% discount, or you can read about other Prop firms’ trading competitions by clicking on the link.