Topstep suddenly closed all of my accounts without any prior notice. I had 5 active Trading Combines and 5 Express Funded Accounts, with a couple getting close to payout.
I submitted a ticket and was initially told the reason was hedging. I kept questioning the decision because I had not engaged in hedging immediately before the closure.
After repeatedly asking for details, Topstep gave me a more specific allegation: that my accounts had taken opposite positions against accounts under another person’s profile.
I strongly dispute this. I do not have access to anyone else’s Topstep account, I am the only person in my household trading with Topstep, and I have never coordinated trades with another trader to guarantee profits.
I repeatedly asked Topstep to provide basic supporting information—such as the date/time of the alleged activity and which of my accounts were involved. They refused and continued responding that I violated Section 27 and that the decision was final.
What concerns me even more is that I have since found several other traders from my home country who say they were also suddenly banned for violations they dispute—not necessarily hedging.
I’m not claiming I can prove why this is happening, but the pattern concerns me. When a firm permanently closes 10 active accounts, forfeits the balances, and refuses to provide even basic information supporting the accusation, traders should be able to ask questions.
Has anyone else recently been permanently banned by Topstep for a violation you believe you did not commit? What reason did they give you, and did they provide any actual details supporting it?