FX
CURIO
Knowledge Base

Prop Firm Trading

Funded accounts decoded: challenge rules, drawdown types, payout mechanics and survival tactics.

Beginner6 min read

What Is a Prop Firm?

Proprietary trading firms let you trade their capital instead of your own — here's how the modern retail model works.

Beginner6 min read

Challenge vs Instant Funding

Two main paths to a funded account: pass a graded challenge, or pay more for immediate access. Here's the trade-off.

Intermediate7 min read

Daily Drawdown Explained

The single most common way traders get disqualified. Understand exactly how daily drawdown is calculated before you trade.

Intermediate7 min read

Max Drawdown: Static vs Trailing

The overall drawdown limit can be fixed or it can follow your equity up — the difference dramatically changes your risk of ruin.

Intermediate6 min read

Consistency Rules Explained

Some firms require your profits to be spread evenly across trading days — a single lucky trade won't be enough.

Beginner6 min read

Profit Targets & Time Limits

How much you need to make, how many days you have to make it, and why rushing is the most common way traders sabotage themselves.

Intermediate6 min read

Payouts & Profit Splits

How much you actually keep, how often you can withdraw, and the conditions that determine when a payout gets approved.

Intermediate5 min read

Scaling Plans Explained

Consistent funded traders are often offered larger account sizes over time — here's how these growth plans typically work.

Advanced8 min read

A Risk Plan for Passing a Challenge

A concrete, rule-aware framework for sizing trades so drawdown limits and profit targets both stay realistic.

Intermediate7 min read

Common Reasons Traders Fail Challenges

Most failures aren't a lack of strategy — they're the same handful of avoidable, well-documented mistakes.