Market:
Free Prop Trading Education

Prop Trading Learning Center

Master the fundamentals before risking your money. From basic concepts to advanced challenge-passing strategies — everything you need to succeed in prop trading.

Beginner8 min read

What Is Prop Trading?

A complete beginner's guide to proprietary trading firms — how they work, what the evaluation process looks like, and how traders can earn a funded account with up to $400K in buying power.

Intermediate12 min read

Drawdown Types Explained

The single most important concept in prop trading risk management. Learn the critical differences between Daily Drawdown, Max Drawdown, Trailing Drawdown, and Static Drawdown — and why choosing wrong can cost you your account.

Advanced15 min read

How to Pass Your Prop Firm Challenge

Battle-tested strategies from funded traders who have passed FTMO, FundedNext, and Apex challenges. Covers risk management frameworks, psychology traps, and the exact math behind optimal position sizing.

Intermediate10 min read

Consistency Rules Explained

The hidden requirement that fails more funded traders than drawdown limits. Understand how consistency percentages work, the math behind them, and 4 strategies to pass without changing your trading style.

Intermediate8 min read

Buffer Zone Explained

The profit cushion that transforms your funded account from dangerous to manageable. Learn how the buffer works with trailing drawdown, 3 strategies to clear it, and buffer sizes by firm.

Intermediate8 min read

News Trading Rules

Which firms allow news trading and which don't? Understand restricted windows, banned events like NFP and FOMC, and the critical difference between evaluation and funded account rules.

Beginner7 min read

Daily Loss Limit Explained

The safety circuit breaker that resets every day. Learn how daily drawdown is calculated (starting balance vs. highest equity), which firms enforce it, and 4 survival strategies.

Beginner6 min read

Activation Fees Explained

The hidden cost between passing your evaluation and getting funded. Compare activation fees across 8 major firms, calculate your true total cost, and understand why futures firms charge more than CFD firms.

Beginner7 min read

Monthly Fee vs One-Time Payment

One firm charges $150 once, another charges $99/month. Which is actually cheaper? A break-even analysis showing why monthly subscriptions almost always cost more — unless you pass in under 30 days.

Beginner5 min read

Flat at Close Rule

Forget to close your position at 3:59 PM CT? Your entire funded account is gone. How the flat-at-close rule works, close times by exchange, and why CFD traders don't have to worry about it.

Advanced10 min read

Copy Trading in Prop Firms

Managing 5+ funded accounts manually is impractical. Learn which firms allow trade copying, the best tools for it (Tradovate, NinjaTrader, ProjectX), and 5 critical rules to avoid getting flagged.

More Guides Coming Soon

We're working on challenge strategy paths, payout & withdrawal tutorials, and platform setup guides for Tradovate, NinjaTrader, and Rithmic.

Explore All Firms →