FundedCoreGuides
Free, in-depth guides on prop firm challenges, drawdown rules, payout mechanics, risk management and passing an evaluation without gambling.
What Is a Prop Firm? How the Model Actually Works
How prop firms actually work: where the money comes from, what an evaluation really tests, and what to check before you pay for a challenge.
9 min read StrategyHow to Pass a Prop Firm Challenge
A practical method for passing a funded-trader evaluation: convert rules to currency, size for the drawdown, and build a daily loss buffer.
11 min read RulesProp Firm Drawdown: Static vs Trailing, Explained
Static, trailing and end-of-day drawdown, explained with worked examples — and why the drawdown type matters more than the profit target.
8 min read PayoutsProp Firm Payouts: Splits, Schedules and Delays
How funded account payouts actually work — profit split mechanics, payout cycles, KYC requirements, and the real reasons withdrawals get delayed or denied.
7 min read StrategyOne-Step vs Two-Step Prop Firm Challenge
One-step is faster, two-step is cheaper and lower-pressure. Targets, drawdown, cost and which trader profile each format actually suits.
6 min read StrategyRisk Management for Funded Traders
Risk per trade, open risk caps and daily stops for funded accounts — sized against the drawdown rather than against the profit target.
10 min read FundamentalsInstant Funding Explained (Read the Consistency Rule)
Instant funding skips the evaluation but adds a consistency rule and a tighter drawdown. What you pay for the shortcut, in plain numbers.
6 min read ReferenceProp Trading Glossary: 45 Essential Terms
A plain-English glossary of prop firm and funded trading terminology — from breach types and buffers to notional funding, consistency rules and scaling plans.
12 min read