Futures Prop Firm Guides

Plain-English guides on futures prop firms: how evaluations work, trailing drawdown, payout rules, micro vs mini contracts and how to choose a firm.

• Futures Prop Firms: The Complete Guide — A futures prop firm lets traders prove their skill on an evaluation account and, after passing, trade a funded account while sharing the profits. This guide explains the model, the rules that decide whether you pass, the costs, and a checklist for comparing firms.
• How Futures Prop Firm Evaluations Work — A step-by-step walk through a futures prop firm evaluation: buying an account, trading to the profit target inside the drawdown rule, passing, activating the funded account and requesting payouts.
• Trailing Drawdown Explained — A trailing drawdown follows your highest equity and only moves up. This guide shows how it is calculated, when it locks, and how it differs from end-of-day and static drawdowns.
• How to Choose a Futures Prop Firm — A neutral checklist for comparing futures prop firms before you pay, covering rules, total cost, payouts, refunds, data, platforms and transparency.
• Futures Prop Firm Payout Rules — What to check before you trust a payout promise, and the exact payout rules at Strike Funded: 90% profit share, $500 minimum, safety net, trading-day requirements and ACH or Wise.
• Micro vs Mini Futures — A reference for the point and tick values of the main E-mini and Micro futures contracts, and how contract size interacts with a prop firm's drawdown and contract limits.
• Simulated vs Live Prop Trading — Most futures prop firm evaluations and many funded accounts are simulated. This guide explains what that means, who pays the payouts, and the questions to ask any firm.
• Futures Trading Hours and the End-of-Day Rule — When equity index futures trade, when the daily break happens, and how the end-of-day flatten rule works at Strike Funded (positions closed before 4:55 PM ET).
• Futures Prop Firm Glossary — A glossary of the terms you will meet when comparing futures prop firms, each defined in plain language with how Strike Funded uses it.
• Rithmic, R | Trader Pro and Quantower for Prop Trading — How Strike Funded accounts connect to the market: one Rithmic login for every account, R | Trader Pro or Quantower, Level 1 data included, and the Non-Professional data declaration.

Strike Funded accounts are simulated: no personal capital is placed at risk and no live market execution takes place. Trading futures involves substantial risk; this page is educational, not financial advice, and nothing here promises results.