Insights for prop traders: getting funded, risk, payouts and markets.
What a prop firm is, what a funded trader is, where the money comes from, and what you are really buying when you pay for an evaluation.
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What counts as a profitable day at WhitePips, how many each plan needs to pass and before each payout, the 17:00 New York day, and the futures +0.25% days.
Read the articleWhat counts as a scalp on a WhitePips CFD account, the 20% of profit it may carry once funded, what a pause means for payouts, and the futures 30-second rule.
Read the articleHow an end-of-day trailing drawdown moves, when it locks at the starting balance, how it differs from intraday trailing and static limits, with futures figures.
Read the articleA plan for a two-step evaluation: each phase's figures in dollars, sizing against a 4.5% daily limit, the pace to set and the rules that end attempts.
Read the articleHard breaches, warnings, strikes, reviews and resets at WhitePips: what each kind of rule does when it is broken, and why no detector closes an account.
Read the articleThe Nasdaq 100 two ways: the commission-free NAS100 CFD on MetaTrader 5 or NQ and MNQ futures, and how to size each against the account's loss limits.
Read the articleCrypto CFDs at WhitePips: which coins, how the 0.06% commission works with an example, the Friday close, and how to size bitcoin against the limits.
Read the articleA daily routine for a prop firm evaluation: a written plan, a fixed risk per trade, a personal stop below the daily limit, stopping rules and a journal.
Read the articleHow R multiples, win rate and commission decide whether a method breaks even, and how many losses in a row your risk per trade allows before a limit.
Read the articleA broker holds your deposit and your trades reach a market; a prop firm sells a fee-based test on a simulated account. How risk, rules and pay differ.
Read the articleWhat a pip is, how pip value is worked out for USD-quoted, USD-base and cross pairs and gold, with examples at 0.10 and 1.00 lots on MT5.
Read the articleWhat 1.00, 0.10 and 0.01 lots mean in units and dollars, how lot size scales risk, and how to pick a lot size from a stop and a risk budget.
Read the articleWhat leverage and margin mean on MT5, why leverage does not change your loss per pip, the leverage on each WhitePips plan and where Max. Exposure fits.
Read the articleWhen WhitePips checks your identity, which documents can be asked for, why your name must match everywhere, and how restricted jurisdictions are handled.
Read the articleWhere a prop firm's revenue comes from, why a payout on a simulated account is a cost the firm pays itself, and why the rules are written as they are.
Read the articleWhat the WhitePips rules allow and prohibit on hedging: inside one futures account, opposite positions across accounts, and what the CFD rules say.
Read the articleTick sizes and dollar values for ES, NQ, YM, RTY, CL and GC and their micros, and how to size each one against a futures account's limits.
Read the articleA free Edge 1 Step $100K CFD account for 14 days under the paid rules. It never funds or pays out; a pass earns a 20% code. Who can start one, and how.
Read the articleThe Sydney, Tokyo, London and New York sessions in local time and UTC, the London and New York overlap, and the Friday close on a funded account.
Read the articleWhy a loss needs a bigger gain to win back, the recovery formula with examples from 5% to 50%, and how static and trailing loss limits change the cost.
Read the articleWhat a consistency rule measures, the exact figure on each WhitePips plan, what happens when you go over it, and worked examples you can check yourself.
Read the articleFrom request to wallet: the receipt, KYC first, the minimum payout per plan and the certificate.
Read the articleThe three CFD account families compared on fee, targets, loss limits, commissions and payouts, with a plain view of who each one suits.
Read the articleYour own EA on MT5 is allowed on every CFD plan, and so is copy trading between your own accounts. Which bots and signals are banned, and how the desk decides.
Read the articleA practical plan for a one-step evaluation: the three numbers to know, how to size, what pace to set and the rules that end most attempts.
Read the articleWhat the Max Exposure and Max Floating Loss rules measure, how a warning becomes a closed account, and how to size so you never see one.
Read the articleLogging in to MT5 with prop firm credentials, one-click trading, a stop on every order, the lot cap, reading commission and swap, and the mobile app.
Read the articleWhat to check before paying a prop firm: written rules, a written payout policy, named platforms, KYC, verifiable certificates and a test account.
Read the articleDaily Loss Limit, Maximum Loss Limit, exposure, floating loss, consistency, news and weekends: what each rule measures and what crossing it costs.
Read the articleThe four conditions checked every 90 days, the 30% growth and 5-point split rise, and a $100K Edge account worked cycle by cycle to the $680K cap.
Read the articleHow a futures prop firm evaluation works: minis and micros, the 3:55 PM Chicago close, the EOD-trailing Maximum Loss Limit, and what Instant changes.
Read the articleWhat one lot of XAUUSD is worth per dollar move, why gold ends so many evaluations, and how to size it against a 4% daily limit on a $100K account.
Read the articleWhat happens to open CFD trades at 4:45 PM New York on Friday, what the Weekend Holding and Swap-Free add-ons cost, and how a Sunday gap meets a limit.
Read the articleThe business model in plain terms: who puts up the capital, where the money comes from, and what you are really buying when you pay for an evaluation.
Read the articleMore steps means more targets but smaller ones. Here is how the arithmetic works out, and why the cheapest evaluation is not always the one to take.
Read the articleThe largest account you can afford is rarely the one you should buy. A short argument for starting below your ceiling.
Read the articleSkipping the assessment costs more up front and buys tighter rules. When that is a good deal, and when it is not.
Read the articleThe single rule that decides the most evaluations, and the one most often misread. What each does once you are in profit.
Read the articleA smaller number than the drawdown, and the one that ends more accounts. What it measures, when the day rolls, and why that matters.
Read the articleHow to turn a published drawdown into a per-trade position size, and why the arithmetic should be done once rather than trade by trade.
Read the articleRemoving the clock from an evaluation changes how it should be traded. Most people carry on racing anyway.
Read the articleNot bad analysis. Five recognisable failure patterns, and what each one looks like from the inside on the day it happens.
Read the articleWhat a split actually means, why it moves, and how the scaling ladder changes the account underneath it.
Read the articleThe step that turns an account into a record. What it depends on, what delays it, and why the first one is worth more than its cash value.
Read the articleIt is one-off, it comes back only on Prime, and it is not the price of an account. A short piece on reading the cost honestly.
Read the articleCFDs and futures: two sets of rules, two different things to be good at. What actually separates them for a funded trader.
Read the articleWhy a permission that applies during your evaluation can disappear the moment you are funded, and what actually happens to an order in a fast market.
Read the articleDepth of market, volume profile and the tape tell you where trade happened. A sober account of what that is worth and what it is not.
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Educational content, not financial advice. Trading carries risk and most people who attempt an evaluation do not pass it. Accounts are simulated; the rules that bind yours are the ones printed on your plan and in the trading rules.