Risk Management Last reviewed October 1, 2026

Prop Firm Rule Checklist

Rules differ by provider, plan, account stage, and date. Learn the idea, then try a free trading decision game.

Quick answer

Rules differ by provider, plan, account stage, and date. A useful checklist records the exact terms you need to understand rather than relying on a remembered brand summary.

Understand the idea

Rules differ by provider, plan, account stage, and date. A useful checklist records the exact terms you need to understand rather than relying on a remembered brand summary.

A decision to think through

An evaluation and its later account can have different payout or drawdown conditions. Read both before comparing their costs.

Try it through free practice

Record loss thresholds, calculation times, allowed instruments, position limits, restrictions, subscriptions, activation costs, and withdrawal requirements.

Your next free learning challenge

Play the free risk-sizing game. Make five decisions, read the explanation after each answer, and try to state the condition in your own words. First-time correct decisions earn skill XP; later reviews check what you remember. You can then apply the idea in a chart round and inspect the replay. All games, levels, written lessons, and feedback are free, with no signup or real money.

Frequently asked questions

Can I learn this for free?
Yes. All FundedReady games, courses, feedback, and practice reports are free. No signup or payment card is required.
What should I play next?
Play the free risk-sizing game. Make five decisions with explanations, then try a simulated chart round or a related guide.
Does a good game score prove I can trade profitably?
No. It records decisions in a simplified educational game. Live trading adds execution costs, slippage, uncertainty, and financial pressure.

Sources and review notes

Published June 14, 2026 Last reviewed October 1, 2026

FundedReady is an educational simulator. This page is not financial advice, a signal service, or a promise that any strategy will be profitable.