Every prop firm rule, explained
The six limits that can fail a funded account — trailing drawdown, daily loss, target, consistency, minimum days and the restrictions nobody reads.
7 min read →How to pass a challenge without gambling
Size against the drawdown instead of the balance, set a stop tighter than the firm's, and treat the target as a by-product.
8 min read →How funded traders actually get paid
Buffers, qualifying days, the consistency rule at payout, splits and the audit — the second rulebook, read last by most traders.
7 min read →What a prop firm journal must track
Remaining room, daily loss used, target distance, consistency share and fees against payouts — the numbers a retail journal never carries.
6 min read →Start here
If you are new to funded accounts, read every prop firm rule explained first — it is the map. If you are mid-evaluation, go straight to how to pass a challenge. If you are already funded and waiting on money, the payout rules is the one you want.
Reading is not tracking
Propbook keeps your drawdown, daily loss, target and consistency live on every account you trade, and pings you before a limit is crossed.
Open Propbook →FAQ
Who writes these guides?
Propbook — the team behind the journal. They cover the mechanics of funded accounts, not trading signals or strategies, and they carry no affiliate links.
Do the guides teach a strategy?
No. They cover the rules, the arithmetic and the habits that keep a funded account alive. What you trade is your business.
Is Propbook free?
Yes — rule tracking, alerts, the journal, analytics and CSV import, with no card and no account limit.