😡 Why Traders Are Not Happy with TopStep’s Move to Go ProjectX Only

TopStep^ recently dropped the bombshell that, from July 7, new Trading Combines will only be available on their ProjectX platform. If you’re already trading on platforms they will no longer be supporting, no worries, nothing changes (for now). But for new combines, it’s ProjectX or bust.

This decision hasn’t gone down well with everyone. The biggest gripe comes from the removal of Tradovate, which offers deep third-party integrations, most notably TradingView. Now, ProjectX does use TradingView charts too, so on the surface, it might look like a fair swap. But the reality is more nuanced. TradingView’s full suite offers far more, especially when it comes to third-party indicators and customisation options, which many traders rely on heavily.

Then there’s the crowd using NinjaTrader and Quantower.

Out of the two, Quantower is a popular choice because it allows traders to connect to multiple prop firms, including TopStep. Losing access to that feels like a real kick in the teeth for those who appreciated having all their prop firm accounts in one place.

TopStep so far has been fairly quiet about the backlash, seemingly choosing to ignore the noise. And you can understand the frustration, trading setups are intensely personal for traders. People get used to a certain workflow, a familiar interface, and being told to switch it up isn’t exactly welcome news.

But let’s put it in perspective. These aren’t brokers we’re dealing with, they’re prop firms. It’s like working in an office where the boss suddenly changes the tools you use. If you don’t like it, the exit door is right there.

It’s a tough pill to swallow, I know, but prop firms will do what they want, when they want, and traders need to accept that. Perhaps the better focus is on building their own personal accounts so that one day they can continue their trading journey independently. Isn’t that everyone’s goal?

Interestingly, despite the vocal minority, the majority of users appear to be fine with the move. Of course, the disgruntled ones are always the loudest, that’s human nature.

Then there’s the business side of things. These alternative platforms will feel the pinch too, as they’re losing licensing revenue. For TopStep, the move will likely help cut costs and allow them to contribute more towards the ongoing development of ProjectX.

From what I understand, ProjectX is an independent platform run by Sim2Funded Solutions and isn’t owned by TopStep, despite some rumours suggesting otherwise. That said, neither ProjectX nor TopStep have officially denied those claims, so the situation remains a bit unclear.

And the story doesn’t end here. Competitors are already jumping on the opportunity to offer discounts and lure disgruntled traders away. Most of these rivals still support Tradovate, NinjaTrader, and some even Quantower, though many also work with ProjectX.

In the end, it’s a shake-up that has ruffled some feathers and sparked a few heated debates. Change is never easy, but traders will find their way, whether by adapting to new platforms or exploring alternatives that better suit their style.