Is it safe to trade in Topstep?

https://www.topstep.com/    

Topstep is not a licensed or regulated broker even though it states offers that look good to be true. Topstep claims to be an online broker registered in the United States. 

As per 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. 

The truth is, Topstep is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like Topstep and trade with licensed brokers.