Last updated: 11 October 2026 PropDataLab’s screened tracker counts 12 federal and state court dockets involving Topstep or Apex Trader Funding. Half were filed in 2026, most recently a case captioned Apex Trader Funding, Inc. v. Riot, filed in the Western District of Texas on 6 October 2026. Every claim in these cases is an allegation, not a finding.
12 dockets: 7 involve Topstep entities and 5 involve Apex Trader Funding.
6 were filed in 2026, including Topstep’s contract suit against payments company Nuvei (14 Sep) and a new Apex filing (6 Oct).
Topstep is the plaintiff in 5 of its 7, mostly trademark, copyright and contract cases. Apex is a defendant in 4 of its 5.
The dockets
| Firm | Court and docket | Filed | Firm’s role | Nature of suit (docket) | Status |
|---|---|---|---|---|---|
| Apex Trader Funding | W.D. Tex. 1:26-cv-02837 | 6 Oct 2026 | Plaintiff (per case title) | Not listed | New: complaint filed 6 Oct, summons issued 8 Oct 2026; the docket data do not state the claims |
| Topstep | D. Ariz. 2:26-cv-06567 (v. Nuvei Technologies) | 14 Sep 2026 | Plaintiff | Contract: Other | Open |
| Apex Trader Funding | W.D. Tex. | 24 Jul 2026 | Defendant (with two individuals) | Other Fraud; Commodity Exchange Act cause | Open |
| Apex Trader Funding | M.D. Fla. | 30 Apr 2026 | Defendant | Not listed | Open |
| Topstep | M.D. Fla. | 9 Apr 2026 | Defendant (Topstep entities and five individuals) | Civil Rights: Other | Open |
| Apex Trader Funding | S.D. Cal. | 2 Apr 2026 | Defendant | Not listed | A notice of voluntary dismissal was filed 18 Jun 2026 and an order was entered 24 Jun 2026; CourtListener shows no termination date |
| Topstep | N.D. Ill. (v. TpStp FX and others) | 29 Sep 2025 | Plaintiff | Trademark | Open |
| Topstep | Delaware Superior Court (CCLD) | 30 Jun 2025 | Plaintiff | Contract (former affiliate) | Open; partial motion to dismiss denied 3 Dec 2025 |
| Topstep | N.D. Ill. (v. ProEdge Capital) | 17 Jun 2025 | Plaintiff | Trademark | Open |
| Apex Trader Funding | W.D. Tex. | 18 Dec 2024 | Defendant | Copyright | Open; orders as recent as 7 Aug 2026 |
| Topstep | N.D. Ill. | 7 Nov 2022 | Defendant (with counterclaims) | Contract: Other (docket lists a Title VII cause) | Open |
| Topstep | N.D. Ill. (v. OneUp Trader) | 12 Jun 2017 | Plaintiff | Copyright | Closed by stipulated dismissal; no merits finding |
What the public filings say the cases are about
Where a complaint is publicly available, this is what it says, as allegations only. The 6 Oct 2026 Western District of Texas case, Apex Trader Funding, Inc. v. Riot: the docket lists a complaint, a summons request and an issued summons, but no nature of suit or claims, and the complaint is not in the free RECAP archive, so we do not describe it. The 2 Apr 2026 Southern District of California case against Apex is captioned a class action complaint and jury demand; its single count cites 47 U.S.C. § 227(c) and 47 C.F.R. § 64.1200(c)(1), the federal telemarketing rules. The 9 Apr 2026 Middle District of Florida case against Topstep entities was filed without a lawyer; its complaint says it gives rise to claims for operation of an unregistered commodity pool, fraud and manipulation under the Commodity Exchange Act, breach of contract, fraudulent inducement, violation of the Florida Deceptive and Unfair Trade Practices Act, conversion, unjust enrichment, breach of fiduciary duty and unconscionability. For the 30 Apr 2026 Middle District of Florida case against Apex, the complaint is not in the free archive, so the claims are unknown to us. None of these allegations has been decided.
How to read this
- A filed complaint is an allegation. None of the open cases has a finding on the merits. The Delaware ruling denied a motion at the pleading stage and is not a finding of breach.
- “Open” means there is no termination date on the docket in CourtListener.
- RECAP is incomplete. It covers federal dockets that someone has accessed, and few state courts. A missing case is not evidence that no case exists.
- Other firms. Name searches for the other eight firms returned only unrelated cases, which we excluded. The My Forex Funds enforcement case is covered separately on our legal page.
Data: propdatalab.com/prop-firm-lawsuits-tracker/ (CSV on the page). Related: Platform & Payment Shocks and Are Prop Firms Legal in the US?. Our open rules dataset is at DOI 10.5281/zenodo.23108163.
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