QATSStart with your question.
Four short reading paths connect the guides, calculators and reference data. Pick the question you need to answer, read the steps in order, then apply them to a specific program.
Where should I start?
Build a shortlist
Start with the account you need, then compare the evaluation format. Finish with a list of programs whose written terms you can inspect.
- How to compare prop firms: a practical due-diligence checklist
Write down the market, platform, account stage and rules you need.
2 min read - One-step vs two-step prop firm challenges: what to compare
Compare each phase rather than assuming fewer phases means an easier evaluation.
2 min read
Open the relevant programs and their official source links.
How much room does a rule leave?
Understand loss limits
Separate the account label from the loss allowance. Identify the reference value, the reset clock and the conditions that move the floor.
- Prop firm consistency rules: best-day percentage and worked examples
Calculate a hypothetical best-day share and check the exact account-stage wording.
3 min read - Static vs trailing drawdown: how the loss floor moves
Follow one hypothetical account path through three drawdown models.
2 min read - Daily loss vs maximum loss: two limits, two calculations
Track daily and total allowances separately; a daily reset may not restore total room.
2 min read
Use your own assumptions in a simplified model, then check the governing rule.
What could I pay before a payout?
Compare costs and payouts
Choose a time horizon for the fee comparison. Then inspect payout eligibility separately from the headline profit split.
- Monthly vs one-time prop firm fees: calculate the break-even point
Compare the charge counts and activation scenarios before picking a billing route.
3 min read - What does a prop firm challenge really cost?
List evaluation charges, rebills, resets, activation and platform costs.
2 min read - Prop firm payout rules: a checklist before your first request
Record the request date, eligible days, caps and any required account buffer.
2 min read
Keep monthly and one-time scenarios in the same currency and time horizon.
Am I comparing the same instrument?
Check the market and account
A familiar underlying asset does not establish the contract, execution environment or account stage. Check those before comparing a price.
- How to choose a crypto prop firm: contracts, costs and rule checklist
Record the contract, execution model, funding and platform permissions.
3 min read - Crypto perpetuals vs dated futures: what prop traders should check
Identify expiry, rollover, funding and the venue or price feed.
2 min read - How to compare prop firms: a practical due-diligence checklist
Bring the instrument and account-stage checks back into your shortlist.
2 min read
Understand what the reference fields record and what remains unverified.
These paths explain a comparison process; they do not rank firms or establish that a program suits your circumstances. Editorial policy · All guides · Sources & methodology