Prop trading guides
How funded accounts actually work, written for traders deciding where to spend an evaluation fee.
Basics
Challenges
- Instant funding vs evaluation accounts: what you give up for speedHow instant funding accounts differ from evaluations on price, loss limits, profit split, payout caps and consistency rules, and which traders each type tends to suit.9 October 2026
- One-step vs two-step prop firm challenges comparedHow one-step and two-step prop firm challenges differ in structure, targets, loss limits, cost and time, and which trading styles each format tends to suit.29 September 2026
- How to pass a prop firm challenge: a risk-first approachA practical approach to prop firm challenges: sizing risk from the loss limits, pacing toward the target, minimum days, avoiding rule breaches and keeping a journal.17 September 2026
Rules
- Prop firm drawdown rules explained, with worked examplesStatic, trailing, end-of-day and intraday drawdown rules worked through on a $100,000 account, plus how daily loss limits measured from balance or equity work.21 October 2026
- Consistency rules explained: how prop firms limit your biggest dayHow prop firm consistency rules work: biggest-day limits, minimum profitable days and lot-size checks, with worked examples of how they hold up a pass or payout.15 October 2026