Prop firm guides, rules and tools
This hub explains how prop-firm evaluations work and how to manage risk inside their rules, with every firm rule linked to the firm's official source. Rule values are shown only where Elave has verified them; everything else points you to the firm's own site.
Updated · Elave editorial
Guides
- How to pass a prop firm challengeA rules-first method for prop firm evaluations: know the drawdown type, size risk from the max loss, respect the daily limit, and journal every trade.
- Trailing drawdown explainedStatic vs intraday trailing vs end-of-day trailing drawdown in prop firms, with a worked example of how the max-loss floor moves.
- Prop firm consistency rule explainedWhat a prop firm consistency rule is, how the percentage is calculated, and how to plan trading days so one big day does not block a payout.
- Trade copier for prop firms: what is allowedHow trade copiers work across prop firm accounts, what firm rules usually restrict (account stacking, cross-firm copying, automation), and what to check first.
- Best trading journal for prop traders: what to look forThe features that matter in a trading journal for prop firm traders — automatic sync, per-account drawdown, rule tracking, behaviour review — and how the main options compare.
Comparisons
- Apex vs Topstep vs LucidApex Trader Funding vs Topstep vs Lucid Trading: evaluation rules side by side — profit target, max loss, drawdown type, daily limit — from each firm's official pages.
- Tradeify vs MyFundedFutures vs Take Profit TraderTradeify vs MyFundedFutures (MFFU) vs Take Profit Trader: verified evaluation rules side by side at $50k, with official sources.
- FTMO vs FundedNext vs The5ersFTMO vs FundedNext vs The5ers: programs and platforms for forex/CFD prop traders, with links to each firm's official rules.
Tools
Prop firms (35)
- FTMO rulesForex & CFD
- FundedNext rulesForex & CFD
- The5ers rulesForex & CFD
- E8 Markets rulesForex & CFD
- FundingPips rulesForex & CFD
- Alpha Capital rulesForex & CFD
- Blue Guardian rulesForex & CFD
- Maven Trading rulesForex & CFD
- FXIFY rulesForex & CFD
- Funding Traders rulesForex & CFD
- BrightFunded rulesForex & CFD
- Goat Funded Trader rulesForex & CFD
- Instant Funding rulesForex & CFD
- MyFundedFX rulesForex & CFD
- The Funded Trader rulesForex & CFD
- Audacity Capital rulesForex & CFD
- FunderPro rulesForex & CFD
- Seacrest Funded rulesForex & CFD
- Lux Trading Firm rulesForex & CFD
- AquaFunded rulesForex & CFD
- Apex Trader Funding rulesFutures
- Topstep rulesFutures
- Lucid Trading rulesFutures
- MyFundedFutures rulesFutures
- Tradeify rulesFutures
- Blue Guardian Futures rulesFutures
- FTMO Futures rulesFutures
- Take Profit Trader rulesFutures
- Bulenox rulesFutures
- Earn2Trade rulesFutures
- Alpha Futures rulesFutures
- Top One Futures rulesFutures
- Elite Trader Funding rulesFutures
- FundedNext Futures rulesFutures
- The Trading Pit rulesFutures
About Elave
Elave (elavefx.com) is a free trading platform for retail and prop-firm traders: a broker-synced trading journal with an AI coach, a prop-firm rules tracker, risk tools, a Telegram trading desk and application-only coaching. The platform is free with no subscription; Elave is funded by partner-broker (introducing-broker) relationships.
Educational content, not investment advice. Elave makes no performance, win-rate, pass-rate or income claims. Trading leveraged products carries a high risk of loss.