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Learn to Trade Options

Options trader reviewing an options chain at a prop firm funded desk, focused and disciplined.

Prop Firms

Prop Firms for Options Trading

When considering prop firms for options trading most traders make the same mistake: they compare profit splits and stop there. That's the wrong filter. The spli...

Options trader reviewing a no hidden rules prop firm rulebook to find transparency and clarity

Rules

No Hidden Rules Prop Firm: Every Vanquish Rule, Published

You pass the evaluation. You trade well for weeks. Then payout day comes, and the prop firm cites a rule you never saw: something about timing, or position sizi...

Two screens, one showing a practice account and one showing a funded trading account dashboard

Prop Firms

What is a Funded Trading Account?

A funded trading account is an account a proprietary trading firm gives you after you prove your strategy in an evaluation. You trade it under the firm’s rules,...

Equity line rising to the Buffer level, where the trailing loss limit below it flattens and locks in place

Rules

What Is the Buffer Rule in a Prop Firm?

A trailing drawdown has one frustrating habit: the better you trade, the higher your loss limit climbs. On a funded account, that means you’re always trading wi...

Vanquish Trader payout rules: $250 minimum payout, 100% profit split and payout frequency by plan

Rules

Vanquish Trader Payout Rules

Getting paid is the point of passing an Evaluation, so the payout rules are worth knowing before you place your first trade. On Vanquish, you keep 100% of your...

Aerial view of a mountain trail descending from the peak, representing trailing drawdown following account equity highs.

Rules

What is Trailing Drawdown? A Prop Firm Guide

Traders who blow a prop firm evaluation don't blow it with a single bad trade. They blow it because their loss limit moved somewhere they didn’t expect, and a n...

Consistency rule formula: best day or best trade divided by total profit, with 30% and 50% limits

Rules

What Is the Consistency Rule in Trading?

You hit the profit target, you didn’t touch your loss limit, and the dashboard still says you haven’t passed. More often than not, the consistency rule is the r...

Rapid Express plan rules: 9% profit target, 3% intraday trailing drawdown and no consistency rule

Rules

Rapid Express Plan Rules

Rapid Express is built for one thing: getting you through the Evaluation fast. There’s no consistency rule and no minimum number of trades, so one well-timed tr...

Rapid Elite plan rules: 9% profit target, 3% end-of-day drawdown and 50% daily consistency rule

Rules

Rapid Elite Plan Rules

Rapid Elite gives you more breathing room during the trading day. Your loss limit only moves up once a day, after the close, so an AMZN call that spikes at 11 a...

Basic Options plan rules: 10% profit target, 5% intraday trailing drawdown and 30% consistency rule

Rules

Basic Options Plan Rules

Basic Options gives you more room than either Rapid plan. Your loss limit is 5% of your starting balance, compared with 3% on the Rapid plans, so a position tha...