Guides for prop traders
What to know before you buy a challenge: rules, drawdown, paying and getting paid from Pakistan, and common mistakes.
What is a prop firm and how does it work?What a prop firm is, how the challenge works, what it costs and how you get paid, explained simply for tradersHow a prop firm challenge works: phases, targets and limitsHow a prop firm challenge works step by step: phases, profit target, daily loss, max loss, minimum days and whDrawdown explained: static, trailing and daily limitsStatic vs trailing drawdown, daily loss limits and how prop firms calculate them, with worked examples in plaiInstant funding: trading without a challengeWhat instant funding is, how much it costs compared with a challenge, its rules and who it suits.1-Step vs 2-Step challenge: which should you choose?1-Step vs 2-Step vs 3-Step prop firm challenges compared: targets, loss limits, price and which suits your traHow to pass a prop firm challenge: a practical guidePractical tips for passing a prop firm challenge: risk per trade, daily stop rules, position sizing, news, timCommon prop firm mistakes and how to avoid themThe most common mistakes that cost traders their prop firm challenge or funded account, and how to avoid each How much does a prop firm account cost?What prop firm challenges cost by account size, what affects the price, refunds, add-ons and the cheapest optiAre prop firms legal in Pakistan?Are prop firms legal in Pakistan? How SECP and SBP rules relate to prop firm challenges, and how to stay safe.Paying for a prop firm challenge from PakistanHow Pakistani traders pay for prop firm challenges: card limits, blocked payments, crypto and keeping proof.How prop firm payouts reach PakistanHow Pakistani traders receive prop firm payouts: crypto, Rise, bank transfers and records.