What TopTier Trader does

TopTier Trader, operating commercially as TX3 Funding, is a proprietary trading evaluation firm founded in 2021 and headquartered in Dover, Delaware (with international operations via Tx3 Funding Global Ltd in St. Lucia, registered 2025-00751). The company runs a self-serve, product-led-growth platform where retail traders purchase one-time challenges (priced $65–$475 depending on account size) to demonstrate trading skill in a simulated environment; those who pass the evaluation receive access to simulated funded accounts ranging from $5K up to $300K initially, with scaling potential to $2M in virtual capital. The platform supports multiple trading venues — MetaTrader 5 (MT5), Match-Trader, and A-Trader — and offers five FX challenge variants (1 Phase, 2 Phase Flex, 2 Phase Pro, Instant Standard, Instant Pro), with successful traders earning up to 90% profit share on simulated performance, paid out via Wise with up to 15 payment options.

The underlying execution and regulatory infrastructure is provided by TX3 Markets, a globally regulated CFD broker that supplies ECN routing to liquidity providers. Revenue mechanics rest on two streams: non-refundable one-time challenge fees (the bulk of upfront revenue) and a 10–20% retention on simulated profit share distributed to funded traders. The firm serves a horizontal segment of retail forex and (more recently) futures traders globally, with active server presence in NYC, London, Sydney, South Africa, and Peru, and a community footprint spanning Discord, YouTube (including the @toptier.trader podcast), TikTok, Instagram, Twitter/X, and Facebook, plus a newsletter exceeding 100,000 subscribers.

Customer acquisition is fully self-serve with no field sales; traders select account size, challenge type, and add-ons online and begin trading within minutes under the Instant Standard option. Geographic restrictions exclude Israel, New Zealand, Iran, North Korea, and Russia. The company was co-founded by Anthony Williams and Quillan Black, operates with 11–50 employees, and has not disclosed external venture funding. Its product surface has recently expanded beyond FX into futures via a dedicated TX3 Futures platform, signaling vertical extension within the prop trading category.

Name

TopTier Trader

Legal name

TX3 Funding LLC

Website

https://toptiertrader.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

TopTier Trader (operating as TX3 Funding) is a proprietary trading evaluation firm that lets retail traders pay one-time fees to prove their skills in simulated FX and futures challenges, then earn up to 90% profit share on funded simulated accounts powered by TX3 Markets.

Ownership category

akta.pro rank

Product category

Proprietary Trading Evaluation

NAICS

Securities and Commodity Contracts Intermediation and Brokerage (5231), Commodity Contracts Intermediation (523160)

SIC

Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Retail FX/CFD Broker Trading Venues (FSAFADAD)

akta.pro secondary industries

Derivatives & Futures Brokerage (FSAEACAL), FX Matching & Aggregation Venues (Liquidity Aggregators) (FSAFADAH)

Keywords

• Prop trading evaluation
• Simulated trading challenges
• Forex funded accounts
• Retail trader funding
• Trader profit share

Headquarters

HQ city

Miami

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Software

Cost components

Technology or R&D, Marketing or Sales, Operations, Personnel, Infrastructure

Revenue model

1. Challenge Fees: One-time fees charged for trading challenges ranging from $65 to $475 depending on account size. Fees are non-recurring with no hidden charges or monthly obligations.
2. Profit Share Distribution: Up to 90% of simulated profits shared with traders who pass evaluation. The firm retains 10-20% of profits. Average payouts shown per account tier ($618-$4,275).

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels8 records

Core offering

TopTier Trader operates a proprietary trading evaluation platform where individual traders pay one-time fees ($65-$475) to participate in simulated FX and futures trading challenges ranging from $5K to $300K account sizes. Successful traders receive funded simulated accounts, keep 80-90% of generated profits, and can scale up to $2 million in virtual capital while the firm retains 10-20% of payouts. The platform supports MetaTrader 5, Match-Trader, and A-Trader, with trading infrastructure routed through regulated broker TX3 Markets.

Product overview

TX3 Funding operates a platform-plus-modules architecture centered on proprietary trading evaluation programs. The core TX3 Funding FX platform provides simulated prop trading challenges across multiple challenge types (1 Phase, 2 Phase Flex, 2 Phase Pro, Instant Standard, Instant Pro), while TX3 Futures extends the offering to futures markets. TX3 Markets serves as the underlying regulated broker infrastructure providing ECN execution and liquidity. Challenge programs range from $5K to $300K account sizes with profit sharing up to 90%, and successful traders can scale up to $2 million in virtual capital.

Differentiator

Problem solved

Functional benefit

Brands

• TX3 Markets: The regulated broker backing TX3 Funding, providing access to worldwide markets through a globally regulated CFD broker.

Products and services

• TX3 Funding FX (FX Prop Trading Challenges) Main prop trading platform offering FX trading challenges, funded accounts, and simulated trading evaluation programs with profit sharing up to 90%. Targeted at retail FX traders seeking funded simulated capital.
• TX3 Futures

Quantifiable outcome

• Up to 90% profit share for traders
• +3 more outcomes

Named customers8 records

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• TX3 MarketscoreStrategic or Co-development PartnerTX3 Funding is powered by TX3 Markets, a globally regulated broker. TX3 Markets provides the trading infrastructure, regulatory backing, and brokerage services. TX3 Funding operates as a technology and education company while TX3 Markets handles the regulated broker functions.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• E8 Funding: Retail prop firm providing FX evaluation challenges with scaling plans. Competes head-to-head on challenge pricing, payout cadence, and platform support.
• FundedNext: Rapidly growing retail prop firm with FX and futures evaluation programs and aggressive profit splits. Operates a similar self-serve, multi-tier challenge model targeting retail traders globally.
• MyFundedFX: Retail prop trading firm offering FX simulated funded accounts via evaluation challenges. Targets the same retail trader segment with comparable challenge fees and profit share economics.
• The5ers: Retail prop trading firm providing simulated funded accounts and growth plans for FX traders. Competes on challenge structure, profit split, and scaling path — directly overlapping with TX3 Funding's Instant Standard and 2 Phase programs.
• FTMO: Market-leading retail prop trading evaluation firm offering FX, crypto, and other CFD challenges with profit splits to traders. Closest direct competitor and category benchmark; both firms monetize challenge fees and profit share via simulated funded accounts.

Broad incumbents

• Pepperstone: Regulated multi-asset broker with Razor ECN execution and active retail FX trader base. Comparable to TX3 Markets in regulated broker infrastructure and to TX3 Funding in serving retail FX traders.
• IC Markets: Globally regulated ECN broker offering MT4/MT5/cTrader execution with retail prop trading programs. Represents the established broker-incumbent approach that TX3 Funding/TX3 Markets is competing against from a smaller scale.
• OANDA: Long-standing regulated retail FX broker offering proprietary and MT4/MT5 platforms. Represents the broader incumbent broker space from which retail traders are migrating to prop firm models.

Others

• Match-Trader: Trading platform provider whose technology is integrated into TX3 Funding's offering alongside MT5 and A-Trader. Adjacent infrastructure enabler rather than direct competitor.
• MetaQuotes (MetaTrader): Provider of the MT5 trading platform that TX3 Funding supports as one of its core execution front-ends. Ecosystem infrastructure provider rather than a competitor, but central to the offering's distribution.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/_toptiertrader
• YouTubeyoutube.com/channel/UC1ouyi5hZao95CMpoVMxQdQ
• Facebookfacebook.com/TX3.Funding
• Instagraminstagram.com/tx3funding
• TikToktiktok.com/@tx3funding

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TopTier Trader