High Risk
Reported as a scam / unregulated
SF-707521registry entry
Why Topstep is on the register
Topstep claims to be an online broker registered in the United States. As per the United State law, all forex investment brokers claim to be eligible to solicit US customers in forex activities, it must: 1) be accredited as an approved Forex Dealer Member of the National Futures Association (NFA); 2) be admitted as a “retail forex exchange dealer.” However, we did not find any match results to Topstep in NFA. That means Topstep is not overseen by any regulators. Investors’ funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you to the right next step. A free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.