Prop Firm Comparemounting...
Prop Firm CompareUnderstanding prop firm rules is crucial for passing challenges and keeping your funded account. Learn the most common rules and how to stay compliant.
Most firms set a daily loss limit (typically 4-5% of account balance). Exceeding this in a single day results in account termination.
The total loss limit from your starting balance (usually 8-12%). This is a hard limit that cannot be exceeded at any point.
The amount you need to earn to pass a challenge phase (typically 8-10% for Phase 1, 5% for Phase 2).
Many firms require you to trade on a minimum number of days (usually 4-5 days) before you can pass a phase.
Some firms restrict or prohibit holding positions over weekends or overnight. Check your firm's specific rules.
Many firms prohibit trading during high-impact news events (typically 2-5 minutes before and after).
These activities will result in immediate account termination at most prop firms:
Before starting any challenge, read the complete rule set. Each firm has unique requirements.
Track your trades and drawdown to stay within limits. Know your numbers at all times.
Always use stop losses to prevent exceeding daily limits from a single trade.
Trade smaller position sizes initially until you're comfortable with the rules.
Most rule violations result in immediate account termination. Some firms offer a soft breach warning for minor violations, but major rules like drawdown limits typically result in instant failure.
Generally, the same rules apply. However, some firms relax certain restrictions (like profit targets) once you're funded, while maintaining drawdown limits.
Each firm specifies which instruments are available. Most offer forex pairs, indices, and commodities. Some restrict certain exotic pairs or crypto.
Static drawdown is calculated from your initial balance. Trailing drawdown moves up with your profits, locking in gains but making it harder to recover from losses.
Each prop firm has different rules and restrictions. Use our comparison tool to find firms with rules that match your trading style.