PropRule Ledger

Prop firm guides

Prop firm accounts may be simulated, and fees may not be refundable; check each firm's terms. Nothing here is financial advice. Risk disclaimer

General explanations of the rules you will meet when you read a prop firm's terms. The guides describe concepts, not specific firms; examples use hypothetical figures. For a specific firm's rules, read its official terms and our review.

  1. How prop firm evaluations work

    What a prop firm evaluation is, the rules it can involve, how fees and payouts can be structured, and how to read a firm's terms before you pay.

  2. Trailing vs end-of-day vs static drawdown

    How static, end-of-day trailing and intraday trailing drawdown limits are calculated, with a worked example using hypothetical figures.

  3. How to check whether a prop firm accepts traders from your country

    Where firms publish country restrictions, what the different kinds of restriction mean, and how to confirm availability before you pay.