Prop firms Guides for Beginners
2 plain English guides. New here? Start with our free guide on letting AI trade for you. Updated
Trading involves risk and you can lose money. Results vary.
Prop Firm Reviews Decoded: What to Compare Before You Pay
When you read prop firm reviews, compare the rules more than the star rating: daily and total loss limits, profit target, minimum trading days, news trading rules, payout split and payout delays. Look for complaints about denied payouts on review sites like Trustpilot. Most traders fail challenges, so the challenge fee is money you should expect to risk. Read our full guide to prop firm reviews.
How to Automate Your Prop Firm Challenge in 15 Minutes a Day
A prop firm lets you trade their money instead of your own, but first you usually pay for an evaluation, often called a challenge, with profit targets and loss limits. Pass it and you get a funded account and a share of future profits. Fail, and you lose the fee. Trading always carries the risk of losing money. Read our full guide to prop firms.
Quick answers
Are prop firms legit?
Many are real businesses, but most traders fail challenges and payout rules vary. Read the full rules and recent payout complaints before paying. See our full guide.
Do I need trading experience to try a prop firm?
No, but without experience you're more likely to break a rule like a daily loss limit before you ever get close to the profit target. Some beginners choose to let AI or an experienced trader handle the account instead of trading the challenge themselves. See our full guide.
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