Prop trading guides
Free guides to help you understand prop trading, pass challenges, and build a successful funded trading career.
Essential guides
How to choose a prop firm
Five criteria to check before paying any evaluation fee: payouts, rules, drawdown, targets and business stability.
Read guide →How to pass a prop firm challenge
Complete guide to passing your evaluation. Risk management, psychology, strategy, and what to do if you fail.
Read guide →Prop firm rules explained
Understand drawdowns, profit targets, consistency rules, lot sizes, and every rule that can make or break your account.
Read guide →Risk management for prop traders
Position sizing, drawdown management, daily limits, and the risk rules that keep funded traders profitable.
Read guide →How prop firm payouts work
From profit on your account to money in your bank — the full pipeline, cycle timing, withdrawal methods, and dispute mechanics.
Read guide →Psychology & mindset
Trading psychology for prop firms
Handle pressure, avoid revenge trading, manage drawdowns mentally, and maintain discipline during evaluations.
Read guide →Technical knowledge
Drawdown types explained
Static vs trailing vs EOD drawdown. Learn which is easiest and how to trade each type successfully.
Read guide →Consistency rules explained
How consistency rules work, how they're calculated, the main variations, and strategies to meet requirements.
Read guide →Prop firm rules — full reference
Advanced rule reference covering every category, common rule traps, and the interactions that quietly disqualify profitable traders.
Read guide →Choosing your account size
How to pick the right account size for your budget, experience level, and trading style. Start small, scale smart.
Read guide →Growth & business
Scaling plans explained
How to grow your funded account over time. Scaling requirements, strategies, and making the most of your capital.
Read guide →Prop trading and tax
General information only, with links to official US and UK sources. Not tax advice.
Read guide →Safety & due diligence
Prop firm scams
How to spot outright fraud before you lose money — fake firms, vanishing payouts, and the verification checklist for legitimacy.
Read guide →Red flags in prop firms
The broader pattern-recognition framework — marketing, rule, payout, and ownership red flags that can come before firm problems.
Read guide →By region
Prop trading for US traders
Why many firms do not accept US residents, and what options US traders have. Always check each firm's terms.
Read guide →Prop trading for UK traders
Best prop firms for UK traders, tax considerations, and FCA-related information.
Read guide →Not sure where to start?
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