Guides · every fact sourced

Prop firm guides

Plain-English guides, each built from official pages like the IRS or the firms' own help centers, with the sources listed.

Money and taxes

  1. Prop firm taxes: how US traders report payouts

    Payouts, 1099-NEC, Schedule C and the 60/40 question, from the IRS and the firms' own help centers.

Platforms and setup

  1. How to connect TradingView to a prop firm account

    Tradeify, Lucid and Topstep: which accounts can link TradingView, the exact steps, and the data and fee fine print.

Before you buy

  1. Are prop firms legit? How to check a firm before you pay

    Simulated accounts, Topstep's 2025 pass and payout numbers, the My Forex Funds case, and eight checks to run before you pay.

  2. How prop firms make money

    The two money streams, every fee a trader can pay with real examples, and why the payout rules matter as much as the price.

Futures contract specs, from CME

  1. MNQ, NQ, MES and ES side by side

    Tick and point values, a loss-limit calculator and expiry dates.

  2. MNQ futures: tick value and specs

    Micro E-mini Nasdaq-100: $0.50 a tick, $2 a point.

  3. NQ futures: tick value and specs

    E-mini Nasdaq-100: $5 a tick, $20 a point.

  4. MES futures: tick value and specs

    Micro E-mini S&P 500: $1.25 a tick, $5 a point.

  5. ES futures: tick value and specs

    E-mini S&P 500: $12.50 a tick, $50 a point.

The basics

  1. What a prop firm is and how evaluations work

    Five steps: rules, drawdown, payouts and the fees people miss.

  2. Drawdown Lab: static vs end-of-day vs intraday

    Watch each drawdown type move on the same trades.

  3. Prop firm glossary

    Every term you'll meet in a firm's rules, in plain English.

  4. Monthly rule change report

    Every confirmed rule and price change across the firms we track.

Firm rules, read from each help center

  1. Topstep payout and consistency rules

    Payout split, payout rules and the consistency rule, read from the firm's help center.

  2. Apex payout and consistency rules

    Payout split, payout rules and the consistency rule, read from the firm's help center.

  3. Take Profit Trader payout and consistency rules

    Payout split, payout rules and the consistency rule, read from the firm's help center.

  4. Tradeify payout and consistency rules

    Payout split, payout rules and the consistency rule, read from the firm's help center.

  5. Lucid payout and consistency rules

    Payout split, payout rules and the consistency rule, read from the firm's help center.

  6. MFFU payout and consistency rules

    Payout split, payout rules and the consistency rule, read from the firm's help center.

  7. TradeDay payout and consistency rules

    Payout split, payout rules and the consistency rule, read from the firm's help center.

  8. Bulenox payout and consistency rules

    Payout split, payout rules and the consistency rule, read from the firm's help center.

  9. FundedNext Futures payout and consistency rules

    Payout split, payout rules and the consistency rule, read from the firm's help center.

  10. Alpha Futures payout and consistency rules

    Payout split, payout rules and the consistency rule, read from the firm's help center.

  11. FTMO payout and consistency rules

    Payout split, payout rules and the consistency rule, read from the firm's help center.

  12. FundedNext payout and consistency rules

    Payout split, payout rules and the consistency rule, read from the firm's help center.

  13. Funded Futures Family payout and consistency rules

    Payout split, payout rules and the consistency rule, read from the firm's help center.

  14. Purdia Capital payout and consistency rules

    Payout split, payout rules and the consistency rule, read from the firm's help center.

  15. The5ers payout and consistency rules

    Payout split, payout rules and the consistency rule, read from the firm's help center.

  16. Atlas Funded payout and consistency rules

    Payout split, payout rules and the consistency rule, read from the firm's help center.

  17. Elite Trader Funding payout and consistency rules

    Payout split, payout rules and the consistency rule, read from the firm's help center.

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