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Date/Time: Wed, 27 Nov 2024 21:39:21 +0000



Post From: Topstep Funded Account + Sierra Charts

[2023-07-15 18:07:52]
User708541 - Posts: 87
Here's my understanding on this whole Professional Trader thing and Sierra (or any platform). Once you are a funded trader with TopStep, you need to pay for data through TopStep. You can only use the date designed to run on all TopStep funded accounts. A TopStep funded trader is actually trading a sub-account within TopStep's main account. Since you are trading a TopStep sub-account, you need the data for that sub-account. The only data allowed requires professional status fees. You can't trade TopSetp and route your trade through Denali for example.

However, just because you are a funded trader, paying professional data fees to trade TopStep's sub-account, does not mean you are a professional trader as defined by US tax code. As a TopStep funded trader you won't be listed on FINRA as a professional trader.