Industry Glossary
Plain definitions of the terms you meet in prop trading, from drawdown models to profit-split tiers, with a note on where firms differ.
Browse All TermsPlain definitions of the terms prop firms use, and the rules each firm publishes, read from its own pages and dated. Start here before you pay for an evaluation.
Plain definitions of the terms you meet in prop trading, from drawdown models to profit-split tiers, with a note on where firms differ.
Browse All TermsThe rules each firm publishes, side by side: drawdown limits, consistency rules, news trading and EA permissions, each with the date we read it.
Compare Rules6 explainers covering how prop firms work, what their rules mean, and how to read an evaluation before paying for one.
What prop trading and prop firms are, in plain words.
The loss limits and how firms measure them.
What to compare before you pay, and the common ways accounts are lost.