Head-to-Head Comparison

TopStep vs Moneta Funded

An honest, data-driven comparison to help you pick the right prop firm. We compare drawdown rules, challenge costs, profit splits, trading conditions, and more — no bias, just facts.

TopStep

4.5

One of the original futures prop firms with a proven track record. Offers a structured Trading Combine evaluation and path to live funded trading with real capital.

Visit TopStep

Moneta Funded

4.1

Broker-backed prop firm with multiple challenge formats and a unique Phoenix scaling program. Offers accounts up to $200K with profit splits reaching 88%.

Visit Moneta Funded

Side-by-Side Comparison: TopStep vs Moneta Funded

Metric

TopStep

Moneta Funded

Max Drawdown

Daily Drawdown

Profit Target

Profit Split

90/10

75/25 → 88%

Challenge Cost

$49 - $149/mo

$49 - $999

Trading Period

Unlimited

Min Trading Days

Leverage

Full contract leverage

1:100

Instruments

Futures (CME, CBOT, NYMEX, COMEX)

Forex, Indices, Commodities, Crypto, Metals

Account Sizes

$50K, $100K, $150K

$5K, $10K, $25K, $50K, $100K, $200K

Scaling

Path from Express Funded to Live Funded account with real capital

Phoenix program scales accounts up to $2M

News Trading

Allowed

Weekend Holding

Not Allowed

Allowed

EA / Bots

Not Allowed

Allowed

Rating

4.5/5

4.1/5

The Verdict: TopStep vs Moneta Funded

The best choice depends on your trading style, risk tolerance, and goals. Here's our breakdown by trader profile:

Best for Beginners

Moneta Funded

Moneta Funded offers more forgiving drawdown rules, making it easier for newer traders to get started.

Best for Aggressive Traders

Moneta Funded

Moneta Funded provides 8% max drawdown allowance, giving aggressive trading styles more breathing room.

Best for Long-term Scaling

Moneta Funded

Moneta Funded offers better scaling potential: Phoenix program scales accounts up to $2M.

Best for Overall Value

TopStep

TopStep earns 4.5/5 in our analysis, with a strong balance of rules, cost, and trader experience.

TopStep Pros & Cons

Established since 2012 with proven track record

Path to real live funded account

Low monthly subscription cost

EOD trailing drawdown (not intraday)

Weekly payouts available

Futures only (no forex)

50% consistency target required

Daily loss limit on some platforms

Intraday trailing drawdown on PRO accounts

No automated trading bots

Moneta Funded Pros & Cons

Broker-backed with real liquidity

Phoenix scaling up to $2M

Multiple challenge formats

Unlimited evaluation time

News and weekend trading allowed

Lower starting profit split (75%)

Max profit split caps at 88%

Less known than market leaders

Some programs have stricter drawdowns

Customer support still maturing

Frequently Asked Questions

Which is better, TopStep or Moneta Funded?

It depends on your trading style. TopStep offers 4% max drawdown and a 90/10 profit split, while Moneta Funded offers 8% max drawdown and a 75/25 → 88% split. TopStep has a higher overall rating at 4.5/5.

What is the cheapest option between TopStep and Moneta Funded?

TopStep challenges start at $49 - $149/mo, while Moneta Funded starts at $49 - $999. Compare account sizes and what's included before choosing based on price alone.

Can I use EAs or trading bots with TopStep and Moneta Funded?

TopStep does not allow EAs/bots. Moneta Funded allows them. Always verify the latest rules on each firm's website.

What are the drawdown rules for TopStep vs Moneta Funded?

TopStep has a 4% max drawdown and 2% daily drawdown. Moneta Funded has a 8% max drawdown and 4% daily drawdown. Use our free Drawdown Calculator to find your safe lot size for either firm.

How long do I have to pass the TopStep vs Moneta Funded challenge?

TopStep gives you Unlimited. Moneta Funded gives you Unlimited. Both require a minimum of 5 and 5 trading days respectively.

Which firm has a better profit split, TopStep or Moneta Funded?

TopStep offers a 90/10 profit split, while Moneta Funded offers 75/25 → 88%. Higher profit splits mean more of your trading profits go to you.