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Drawing from my years in trading, fees are a decisive factor for me when evaluating any trading provider, especially one like Topstep, which stands out as a proprietary futures trading firm rather than a traditional broker. When I looked into Topstep’s fee structure, I found their trading costs to be quite competitive compared to standard industry rates, particularly when I used their own TopstepX platform. For instance, commission fees per round turn on popular futures products such as the E-mini S&P 500 (ES) are $2.80, and for Micro E-mini S&P (MES), it’s $0.74. These rates are straightforward, offering a certain predictability to transaction expenses, which I appreciate for clearer risk management. Notably, Topstep does not impose spreads in the traditional sense since all trading is executed on regulated futures exchanges, where the market determines the bid-ask spread. Importantly for me, Topstep does not charge swap or overnight rollover fees, as all positions must be closed by the end of trading hours—swing or overnight trading is expressly prohibited. This reduces unforeseen costs and aligns well with intraday strategies. Topstep doesn’t charge deposit fees, which lowers some barriers to participation. However, it’s critical to mention that some withdrawal methods (such as Wise) incur a $20 fee, with a minimum withdrawal amount of $125. These withdrawal costs and requirements are vital for anyone who trades for consistent income or plans frequent payouts. Overall, the fees are transparent and, for the type of firm Topstep is, fall within reasonable bounds. Still, as always, I remain cautious and would recommend that traders carefully review all official disclosures and remain mindful of the lack of regulatory oversight before committing significant funds.