Prop Firm Glossary
Understand the most important prop firm terms, rules, and account features before choosing a funded trading challenge. Learn what funding caps, drawdowns, payouts, evaluations, and retries mean.
Funding Cap refers to the maximum amount of capital a trader can manage with a prop firm at any given time. This limit applies across....
Free Retry is a feature offered by some prop firms that allows traders to restart an evaluation or challenge without paying an additional fee. This....
Evaluation Account is a simulated trading account used by prop firms to assess a trader’s skill, discipline, and risk management before granting access to a....