What a prop firm is, and how it makes money
Challenge fees, simulated accounts and profit splits: where the money really comes from, and what it means for you.
19 short videos
Short videos on the rules that fail most accounts: drawdowns, daily limits, consistency, payouts. Each one uses the same worked example as our written explainers and calculators.
Challenge fees, simulated accounts and profit splits: where the money really comes from, and what it means for you.
These videos are being made. Until then, the written explainer or the tool next to each one covers the same example.
Evaluation, funded and instant accounts
3 minThe three kinds of account a firm sells, what changes between them, and why instant funding costs more.
1-step vs 2-step challenges
3 minA higher target in one go, or two smaller ones with more room: how to choose with the numbers in front of you.
The profit target, explained
2 minHow the target is counted, why it's measured against the max loss, and how much risk per trade it really allows.
The daily loss limit, explained
3 minWhy an account can fail on a day that ends in profit, with the $50,000 example from our explainer.
Static drawdown, explained
2 minThe simplest loss floor: set once, never moves. Five trading days on a $50,000 account.
Intraday trailing drawdown, explained
3 minThe floor that follows your open profit, and the same five days that fail on day 5.
End-of-day (EOD) drawdown, explained
3 minOnly the close moves the floor. Gentler than intraday, but a big winning day still shrinks your room.
Drawdown that locks, explained
2 minA trailing floor that stops at the starting balance plus $100, and why it saves the same five days.
The consistency rule, explained
3 minOne big day can hold up your target or your payout. How the 40% rule works, and how much more you need.
Minimum trading days
2 minWhat counts as a trading day, why firms ask for them, and how not to take extra risk just to fill them.
News trading rules
2 minThe minutes around NFP or CPI where a trade can cost you its profit, and how to plan your week around them.
Holding overnight and over the weekend
2 minWhich firms let you hold, what a gap does to your drawdown, and the close-out times to know.
EAs, copy trading and HFT: what's allowed
3 minBots, trade copiers and high-frequency trading: the rules that get payouts denied, and the firms that allow them.
Payouts: buffer, cycles and splits
3 minHow much of your profit you can actually withdraw, and when, with the $3,000 buffer example.
Scaling plans, explained
2 minHow a funded account grows, what you have to hit first, and why a bigger account isn't always more money.
Activation fees, resets and refunds
3 minThe real cost of a challenge once you add activation, resets and the odds of passing.
Red flags: closed accounts and denied payouts
4 minThe vague rules and patterns that come before a denied payout, and how to check a firm before you pay.
Position sizing for a challenge
3 minTurn the max loss into a risk per trade and a lot or contract size, step by step.