Free Prop Firm Tool
Prop firm rules comparison worksheet
Compare two account options with the written terms in front of you. Use it to test process fit, not to rank firms or predict funding, payouts, or trading results.
Your entries stay in this browser. They are not submitted to TradingForexForProfit. Print the completed worksheet or save it as a PDF when you are finished.
Availability
Account option and legal entity
Record the exact program and entity named in the written terms.
Eligibility for your residency
Confirm country, state or province, and product eligibility.
Account Rules
Daily loss calculation
Include floating P&L, commissions, swaps, reset time, and the stated limit.
Maximum drawdown calculation
Static or trailing, balance or equity, and high-water-mark treatment.
Open-position treatment
Can floating loss breach a rule before the trade closes?
Consistency or minimum-day rules
List size, concentration, minimum-day, or scaling conditions.
Restrictions
News and event rules
Write the restricted windows and time zone.
Overnight, weekend, and holiday rules
Record any holding restrictions by account stage.
Automation, copying, and VPS rules
Check the current written policies for EAs and trade copying.
Execution
Platform, symbols, and order conditions
Note platform, instrument availability, spread, commissions, and minimum-distance rules.
Costs And Payouts
Evaluation and recurring fees
Include reset, subscription, data, or platform charges.
Payout terms and thresholds
List timing, minimums, eligibility conditions, and fees.
Your Process
Personal daily stop
Set a personal stop below the hard account limit.
Maximum total open risk
Combined worst-case loss across all open and related positions.
Does the structure fit your method?
Test your usual session, holding period, news exposure, and risk plan.
Source link and terms date
Save the rule page or document and when you checked it.
How to use the worksheet
- 1. Use current source documents. Record exact language from terms pages, not marketing summaries or forum posts.
- 2. Capture the date. Terms, fees, products, and eligibility can change.
- 3. Mark unknowns clearly. Ask the firm for written clarification before treating a condition as available.
- 4. Test your real process. Compare your normal trade frequency, risk, news exposure, and holding period against the rules.
Build the process first
The worksheet compares account terms. The readiness assessment checks whether your planning, risk, and review process is ready for added account pressure.
Author And Editorial Review
Michael Neely, founder of TradingForexForProfit
These educational guides are published by Michael Neely for traders who want a more structured approach to forex risk, trade review, and performance tracking. The site is built around practical trading workflow topics including journal structure, position sizing, macro context, and prop firm discipline.
Content is written and reviewed with a risk-first lens. The goal is to help traders understand process, decision quality, and account protection rather than promote reckless speculation.
Editorial Standards
- Educational content is created for traders, not as personalized financial advice.
- Platform walkthroughs and workflow articles are based on the features built into TradingForexForProfit.
- Macro and news commentary are reviewed before publication when needed for context and clarity.
Forex Risk Disclosure
Forex trading and leveraged trading involve substantial risk and are not appropriate for every trader. You can lose part or all of your capital. Educational content on TradingForexForProfit is provided for research, workflow, and training purposes only and should not be treated as individualized investment advice.
Always evaluate your own financial situation, risk tolerance, and account rules before placing a trade. Past performance does not guarantee future results.