Complete Beginner's Guide
Learn step by step how to become a funded trader with prop firms
📚 Welcome to the World of Prop Firms
Prop firms (proprietary trading firms) represent a unique opportunity for traders to manage significant capital without risking their own money. With accounts up to $400,000 and profit sharing from 80% to 90%, this is the ideal path to becoming a professional trader.
This comprehensive guide will accompany you step by step, from understanding the concept to obtaining your first funded account. We'll cover everything: choosing a prop firm, challenge preparation, winning strategies, and mistakes to avoid.
Understanding Prop Firms
- • What is a prop firm?
- • How funding works
- • Different models (Challenge, Instant)
- • Advantages and risks
Choosing a Prop Firm
- • Forex vs Futures
- • Compare rules
- • Analyze costs
- • Verify reputation
Preparing for the Challenge
- • Establish your strategy
- • Calculate positions
- • Manage risk
- • Practice on demo
- • Prepare mentally
Passing the Challenge
- • Phase 1: Evaluation
- • Phase 2: Verification
- • Mistakes to avoid
- • Success tips
Trading with a Funded Account
- • Live account rules
- • Profit management
- • Withdrawal process
- • Scaling plan
Maximizing Your Profits
- • Multiple accounts
- • Optimize taxes
- • Develop your business
- • Become a pro trader
Important Warning
The information presented on this page is provided for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or trading incentives. Trading carries significant risks of financial losses. Past performance is not indicative of future results. We strongly encourage you to properly educate yourself, practice on a demo account, and never invest more than you can afford to lose. Consult a professional financial advisor before making any investment decision.
PropFirmsCodes.com is an independent information and comparison site. We may receive commissions through affiliate links, but this does not influence our editorial content. We strive to provide objective and up-to-date information on all prop firms.
Ready to start your journey?