Prop firms
Funded-account programmes: rules, payout terms and what happens when a firm changes them.
Funded account trading: what the word funded means once you read the paperwork
A funded account at a prop firm is a demo account with fictitious funds, in the firms' own words. The money you can earn is real. Understanding which half is which is the whole subject.
Verified 13 August 2026
Futures prop trading firms: what actually separates them
Which register actually applies to a US futures prop firm, the two-minute check most comparison pages skip, and why the drawdown rule decides more than the price.
Verified 5 August 2026
Prop firm challenges: how the model works and what regulators are doing about it
Evaluation fees, drawdown rules and payout splits — plus the enforcement actions and firm closures that changed the picture in 2025 and 2026.
Verified 5 August 2026
Prop firm pass rates: the numbers the firms publish about themselves
Some futures prop firms disclose how many participants pass, get paid and reach live capital. Others publish only the boilerplate. Both facts are on their own websites, and the difference is the finding.
Verified 10 August 2026
Prop firm prohibited strategies: one contract bans 200 trades a day, another bans whatever it decides is bad faith
The prohibited-acts clauses of six prop firm contracts, side by side. Some rules you can check yourself before placing an order. Others turn on what the firm considers, which is a rule you cannot comply with in advance.
Verified 1 September 2026
We read six prop firm contracts: all six make the fee non-refundable, and only one puts you in a live market
Not the marketing pages, the actual terms and conditions of Super Funded, Clarity Traders, TradeDay, FundedNext, Top One Futures and Funded Futures Family. Two of the six never name a governing law.
Verified 1 September 2026