Source: https://whitepips.com/blog Summary: The WhitePips blog for prop traders: how evaluations are passed and lost, risk and position sizing, drawdown types, payouts, CFDs and futures markets. Last updated: 2026-10-28 # Blog Insights for prop traders: getting funded, risk, payouts and markets. - 4 topics - 2 to 8 min reads - Latest October 20, 2026 ## Latest articles Featured Getting funded ### [What a proprietary trading firm actually is](https://whitepips.com/blog/what-is-a-prop-firm) 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. September 8, 2026 5 min read 6 sections [Read the article](https://whitepips.com/blog/what-is-a-prop-firm) In this article 1. Why a firm would do this 2. Where the money comes from 3. Simulated accounts, real payouts 4. What a funded trader is 5. Prop firm or broker: three differences and 1 more sections Getting funded October 20, 2026 3 min read ### Profitable days: the minimum trading days rule, explained 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 article](https://whitepips.com/blog/profitable-days-explained) Risk October 20, 2026 3 min read ### Scalping on a funded account: the 120-second rule What 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 article](https://whitepips.com/blog/scalping-on-a-funded-account) Risk October 20, 2026 4 min read ### EOD trailing drawdown, explained with an example How 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 article](https://whitepips.com/blog/eod-trailing-drawdown-explained) Getting funded October 20, 2026 5 min read ### How to pass a two-step prop firm challenge A 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 article](https://whitepips.com/blog/how-to-pass-a-two-step-challenge) Risk October 11, 2026 8 min read ### What happens when you break a prop firm rule Hard 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 article](https://whitepips.com/blog/what-happens-when-you-break-a-rule) Markets October 11, 2026 7 min read ### Trading the Nasdaq 100 on a funded account The 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 article](https://whitepips.com/blog/trading-the-nasdaq-on-a-funded-account) Markets October 11, 2026 7 min read ### Trading bitcoin and crypto CFDs on a funded account Crypto 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 article](https://whitepips.com/blog/trading-crypto-on-a-funded-account) Getting funded October 11, 2026 7 min read ### Trading an evaluation without tilting: a daily routine A 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 article](https://whitepips.com/blog/trading-an-evaluation-without-tilting) Risk October 11, 2026 8 min read ### Risk-reward and win rate: the maths of passing How 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 article](https://whitepips.com/blog/risk-reward-and-win-rate) Getting funded October 11, 2026 7 min read ### Prop firm or broker: what is the difference A 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 article](https://whitepips.com/blog/prop-firm-or-broker) Markets October 11, 2026 8 min read ### Pip value explained: what a pip is worth on MT5 What 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 article](https://whitepips.com/blog/pip-value-explained) Markets October 11, 2026 7 min read ### Lot sizes explained: standard, mini and micro lots What 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 article](https://whitepips.com/blog/lot-sizes-explained) Risk October 11, 2026 6 min read ### Leverage and margin on a funded account What 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 article](https://whitepips.com/blog/leverage-and-margin-on-a-funded-account) Payouts October 11, 2026 7 min read ### KYC at a prop firm: when it happens and what you need When WhitePips checks your identity, which documents can be asked for, why your name must match everywhere, and how restricted jurisdictions are handled. [Read the article](https://whitepips.com/blog/kyc-at-a-prop-firm) Getting funded October 11, 2026 7 min read ### How prop firms make money, explained plainly Where 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 article](https://whitepips.com/blog/how-prop-firms-make-money) Risk October 11, 2026 7 min read ### Hedging on a prop account: what is allowed What the WhitePips rules allow and prohibit on hedging: inside one futures account, opposite positions across accounts, and what the CFD rules say. [Read the article](https://whitepips.com/blog/hedging-on-a-prop-account) Markets October 11, 2026 8 min read ### Futures tick values: ES, NQ, CL, GC and the micros Tick 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 article](https://whitepips.com/blog/futures-tick-values) Getting funded October 11, 2026 7 min read ### The WhitePips free trial: what it is and is not A 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 article](https://whitepips.com/blog/free-trial-prop-firm) Markets October 11, 2026 7 min read ### Forex market hours: sessions, overlaps and prop rules The 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 article](https://whitepips.com/blog/forex-market-hours-and-sessions) Risk October 11, 2026 7 min read ### Drawdown recovery: why a 10% loss needs 11.1% back Why 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 article](https://whitepips.com/blog/drawdown-recovery-maths) Risk October 11, 2026 7 min read ### The consistency rule explained, with examples What 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 article](https://whitepips.com/blog/consistency-rule-explained) Payouts October 10, 2026 6 min read ### Crypto payouts from a prop firm: USDT, USDC and how it works From request to wallet: the receipt, KYC first, the minimum payout per plan and the certificate. [Read the article](https://whitepips.com/blog/crypto-payouts-from-a-prop-firm) Getting funded October 8, 2026 8 min read ### Edge, Prime or Instant: which funded account fits you The three CFD account families compared on fee, targets, loss limits, commissions and payouts, with a plain view of who each one suits. [Read the article](https://whitepips.com/blog/edge-prime-or-instant) Risk October 6, 2026 7 min read ### MT5 expert advisors and copy trading on a funded account Your 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 article](https://whitepips.com/blog/expert-advisors-and-copy-trading-on-funded-accounts) Getting funded October 4, 2026 7 min read ### How to pass a one-step prop firm challenge A 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 article](https://whitepips.com/blog/how-to-pass-a-one-step-challenge) Risk October 2, 2026 7 min read ### Max exposure and max floating loss: two rules to watch What 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 article](https://whitepips.com/blog/max-exposure-and-floating-loss) Getting funded September 30, 2026 8 min read ### Setting up MetaTrader 5 for a funded account Logging 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 article](https://whitepips.com/blog/metatrader-5-for-prop-trading) Getting funded September 28, 2026 8 min read ### How to spot a prop firm that pays, and one that will not What to check before paying a prop firm: written rules, a written payout policy, named platforms, KYC, verifiable certificates and a test account. [Read the article](https://whitepips.com/blog/prop-firm-red-flags) Risk September 26, 2026 8 min read ### Prop firm rules explained: every limit in one place Daily Loss Limit, Maximum Loss Limit, exposure, floating loss, consistency, news and weekends: what each rule measures and what crossing it costs. [Read the article](https://whitepips.com/blog/prop-firm-rules-explained) Payouts September 24, 2026 7 min read ### The 90-day scaling cycle: from $100K to $680K The 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 article](https://whitepips.com/blog/the-90-day-scaling-cycle) Getting funded September 22, 2026 7 min read ### Futures evaluation explained: contracts, close and limit How 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 article](https://whitepips.com/blog/the-futures-evaluation-explained) Markets September 20, 2026 7 min read ### Trading gold on a funded account: sizing XAUUSD What 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 article](https://whitepips.com/blog/trading-gold-on-a-funded-account) Risk September 18, 2026 7 min read ### Holding over the weekend on a prop account: swaps and gaps What 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 article](https://whitepips.com/blog/weekend-holding-and-swaps) Getting funded September 8, 2026 5 min read ### What a proprietary trading firm actually is The 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 article](https://whitepips.com/blog/what-is-a-prop-firm) Getting funded September 6, 2026 3 min read ### One step, two step, three step: which route is actually easier More 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 article](https://whitepips.com/blog/one-step-two-step-three-step) Getting funded September 4, 2026 2 min read ### Choosing an account size you can actually trade The largest account you can afford is rarely the one you should buy. A short argument for starting below your ceiling. [Read the article](https://whitepips.com/blog/choosing-an-account-size) Getting funded September 2, 2026 2 min read ### Instant funding or an evaluation: what you trade away Skipping the assessment costs more up front and buys tighter rules. When that is a good deal, and when it is not. [Read the article](https://whitepips.com/blog/instant-funding-or-evaluation) Risk August 31, 2026 2 min read ### Static and trailing drawdown, side by side The single rule that decides the most evaluations, and the one most often misread. What each does once you are in profit. [Read the article](https://whitepips.com/blog/static-and-trailing-drawdown) Risk August 29, 2026 2 min read ### The daily loss limit, and the hour it resets A 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 article](https://whitepips.com/blog/the-daily-loss-limit) Risk August 27, 2026 2 min read ### Position sizing against a loss limit, not a feeling How 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 article](https://whitepips.com/blog/sizing-against-the-limit) Risk August 26, 2026 2 min read ### Why there is no deadline, and what to do with it Removing the clock from an evaluation changes how it should be traded. Most people carry on racing anyway. [Read the article](https://whitepips.com/blog/no-time-limit) Risk August 24, 2026 2 min read ### The five ways evaluations are actually lost Not bad analysis. Five recognisable failure patterns, and what each one looks like from the inside on the day it happens. [Read the article](https://whitepips.com/blog/how-evaluations-are-lost) Payouts August 22, 2026 2 min read ### How a profit split grows What a split actually means, why it moves, and how the scaling ladder changes the account underneath it. [Read the article](https://whitepips.com/blog/profit-split-and-scaling) Payouts August 20, 2026 2 min read ### What happens at your first payout The 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 article](https://whitepips.com/blog/your-first-payout) Payouts August 19, 2026 2 min read ### What the evaluation fee is actually buying It 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 article](https://whitepips.com/blog/what-the-fee-buys) Markets August 17, 2026 2 min read ### CFDs and futures are not the same game CFDs and futures: two sets of rules, two different things to be good at. What actually separates them for a funded trader. [Read the article](https://whitepips.com/blog/cfds-and-futures) Markets August 15, 2026 2 min read ### News trading, and why the funded rule differs Why 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 article](https://whitepips.com/blog/trading-the-news) Markets August 13, 2026 2 min read ### Reading order flow without over-reading it Depth 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. [Read the article](https://whitepips.com/blog/reading-order-flow) No articles on this topic yet. 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. --- WhitePips provides skill-based trading evaluations on simulated accounts; payouts are real money based on simulated performance. Nothing here is financial advice or a promise of profit, passing an evaluation does not guarantee funding, payouts or income, and trading leveraged products carries significant risk. Not offered in the restricted jurisdictions listed at https://whitepips.com/legal/restricted-jurisdictions.