Prop trading, fact-checked

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Independent, plain-English research on prop trading firms — evaluation rules, payouts and red flags, before a single dollar leaves your account.

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Fastest Paying Prop Firms in 2026 Ranked
Cheapest Prop Firm Challenges Ranked by Price

Cheapest Prop Firm Challenges Ranked by Price

A price-focused comparison of prop firm challenge fees by account size, and why the lowest sticker price isn't always the cheapest way to get funded.

Prop Firm Rule Changes in 2026: Full Breakdown

Prop Firm Rule Changes in 2026: Full Breakdown

How to stay ahead of prop firm rule changes in 2026 — what typically changes, why, and how to protect an account in progress when it does.

How to Calculate Lot Size for Prop Firm Drawdown Limits

How to Calculate Lot Size for Prop Firm Drawdown Limits

A step-by-step method for sizing positions around a firm's daily loss and maximum drawdown limits, with a worked example.

Best Trading Strategies for Passing a Prop Firm Evaluation

Best Trading Strategies for Passing a Prop Firm Evaluation

Why the best evaluation strategy is usually the most boring one: an overview of trading approaches that fit drawdown and consistency rules well.

Are Prop Firm Payouts Considered Self-Employment Income?

Are Prop Firm Payouts Considered Self-Employment Income?

Why most funded-trader payouts are treated as self-employment or business income rather than wages, and what that means for reporting obligations.

How Is Prop Trading Income Taxed in the US?

How Is Prop Trading Income Taxed in the US?

A general overview of how funded-account payouts are typically treated for US tax purposes, and why the trader-firm relationship matters for reporting.

Red Flags to Watch for Before Buying a Prop Firm Challenge

Red Flags to Watch for Before Buying a Prop Firm Challenge

The specific contract and rule-document red flags that matter most before paying a prop firm challenge fee, beyond general reputation checks.

Is a Prop Firm a Scam? How to Check Before You Pay

Is a Prop Firm a Scam? How to Check Before You Pay

A practical checklist for verifying whether a prop trading firm is trustworthy before you pay for an evaluation, based on publicly checkable signals.

Best Prop Firms for Trading Indices (US30, NAS100, SPX500)

Best Prop Firms for Trading Indices (US30, NAS100, SPX500)

What to look for in a funded account if your focus is index trading — spreads, session rules and news-trading restrictions on US30, NAS100 and SPX500.

Forex Prop Firms vs Futures Prop Firms: Key Differences

Forex Prop Firms vs Futures Prop Firms: Key Differences

Forex/CFD funded accounts and futures funded accounts run on different platforms, sessions and rules. Here is how to choose the right one for your trading style.

Prop Firm Profit Split Explained: 80/20 vs 90/10

Prop Firm Profit Split Explained: 80/20 vs 90/10

What an 80/20 or 90/10 profit split actually means for your take-home pay, and why the highest advertised split is not always the best deal.

How Do Prop Firm Payouts Work? Complete Guide

How Do Prop Firm Payouts Work? Complete Guide

From profit split to withdrawal request: a complete, step-by-step explanation of how payouts actually work on a funded trading account.

Prop Firm Drawdown Rules Explained: Daily vs Max Drawdown

Prop Firm Drawdown Rules Explained: Daily vs Max Drawdown

Daily loss limits and maximum drawdown rules are the two numbers that decide most prop firm evaluations. Here is exactly how each one works and why the difference matters.

How to Pass a Prop Firm Challenge: Step-by-Step Guide

How to Pass a Prop Firm Challenge: Step-by-Step Guide

A realistic, step-by-step approach to passing a prop firm evaluation: planning around drawdown rules, sizing positions and avoiding the mistakes that fail most attempts.

FTMO vs Topstep: Which Prop Firm Is Better for You?

FTMO vs Topstep: Which Prop Firm Is Better for You?

FTMO and Topstep follow two very different models. Here is how their evaluation rules, markets and payouts compare, and which trader profile fits each one.

Best Prop Trading Firms in 2026: Full Comparison

Best Prop Trading Firms in 2026: Full Comparison

An independent, plain-English comparison of the leading prop trading firms in 2026: pricing, drawdown rules, profit split and payout speed.

Prop Trading Industry News: Latest Updates for 2026

Prop Trading Industry News: Latest Updates for 2026

A running overview of the trends shaping the prop trading industry in 2026 — new entrants, rule adjustments and where the sector appears to be heading.

Browse by topic

Eight categories, one goal: no surprises after you pay

REVIEWS

Prop Firm Reviews

Independent comparisons of the biggest funded-account providers, based on public rules, pricing and payout policies.

CHALLENGE

Passing the Challenge

How evaluation phases actually work: drawdown limits, consistency rules and the mistakes that get accounts breached.

PAYOUTS

Payouts & Withdrawals

Profit splits, withdrawal methods, waiting periods and what to do when a payout is delayed.

ACCOUNTS

Account Types & Instruments

Forex vs futures funded accounts, supported platforms, and which instruments each firm actually allows.

RED FLAGS

Scams & Red Flags

How to check whether a firm is trustworthy before paying for an evaluation, and how to spot manipulated reviews.

TAXES

Taxes & Legal

How funded-account payouts are typically treated for tax purposes, and the legal status of the trader-firm relationship.

STRATEGY

Strategy & Risk Management

Position sizing, risk-reward and psychology adapted specifically to evaluation and funded-account rules.

NEWS

News & Updates

Rule changes, new firms, and the events that regularly reshape the prop trading industry.