Direct Specification Matrix
Deribit vs Topstep
Comprehensive side-by-side comparison of rules, prize structures, and trader experiences. Ratings calculated independently using identical public criteria.
Platform Type
crypto exchange
prop firm
Founded Year
2016
2012
HQ Country
AE
US
Tradable Markets
crypto, options
commodities, indices, crypto
Competition Formats
volume based, deposit required
paid entry, simulated live_data
Entry Barrier / Cost
$500 deposit required
$49 deposit required
Typical Prize Pools
$50,000 – $1,000,000 USDC
$50,000 – $1,000,000 USD
Max Leverage
Up to 1:100
Up to 1:20
Regulation Status
VARA (Dubai) Full Market Product License
Pioneer Futures Prop Evaluation Firm (Chicago US)
Payout Track Record
VERIFIED
VERIFIED
Decision Summary: Which Should You Choose?
Choose Deribit if:
- • You prioritize crypto, options markets.
- • You prefer volume based, deposit required formats.
- • You have sufficient trading balance to meet deposit requirements.
Choose Topstep if:
- • You trade primarily on commodities, indices, crypto.
- • You value paid entry, simulated live_data structures.
- • You want access to high volume reward tiers.