Guides
Prop firm guides
Independent, honest guides to prop trading: how firms are regulated, the risks, and how to evaluate one before you pay.
Are prop trading firms regulated?
An honest, sourced answer to whether prop trading (funded-account) firms are regulated — by region — plus the counterparty risk that regulation does not cover.
Read the guide →How to evaluate a prop firm before you pay
A step-by-step guide to vetting a prop trading firm: verify the entity, read the payout-voiding rules, weigh counterparty risk, and treat the fee as money at risk.
Read the guide →Are prop trading firms legal in the US?
An honest, sourced answer on whether prop trading (funded-account) firms are legal in the United States — the CFTC/NFA registration framework, the My Forex Funds case, and why most firms restrict US clients.
Read the guide →How prop firm payouts actually work
An honest guide to prop firm payout mechanics: profit splits, payout frequency, the rules that can void a payout, and why fast-payout claims need careful reading.
Read the guide →Prop firm shutdowns: why they happen, and how to judge safety
An honest look at why an estimated 80-100 prop firms closed in 2024-2025, the MetaQuotes platform withdrawal behind it, and how to weigh which firms are least likely to shut down.
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