Prop Firm Rules Guides
Plain-English guides to the rules that most often catch traders out in funded trading evaluations and funded accounts.
| Guide | Why it matters |
|---|---|
| Drawdown rules explained | Drawdown is usually the account-killer. Understand how it is calculated. |
| Trailing drawdown | Explains why open profit can still create failure risk. |
| Static vs trailing drawdown | Helps compare simpler fixed limits against moving limits. |
| Daily loss limit | Daily equity limits can fail an account before max drawdown does. |
| Payout rules | Passing is not the same as being eligible to withdraw. |
| Payout buffer | Some firms require profits above a safety buffer before withdrawal. |
| Consistency rules | A big winning day can delay passing or payout eligibility. |
| Profit target | Shows how target size interacts with risk limits. |
| Minimum trading days | Prevents passing or payout too quickly on some accounts. |
| News trading rules | Important for volatility and event-driven strategies. |
| Copy trading rules | Many firms restrict mirrored, group or third-party strategies. |
| Platform and data fees | Extra costs can change the true price of an account. |
| Evaluation vs funded account | Rules may change after passing. |
| Contract limits | Position limits can stop a strategy scaling as expected. |