VERIFY PRICE, DRAWDOWN AND PAYOUTS

Prop Firm Checklist: 25 Checks Before Buying

A ten-minute pre-purchase review can prevent expensive misunderstandings. Record the checkout price, exact rule version and payout conditions before paying.

EDITORIALLY REVIEWED12 MIN READPRIMARY SOURCES INCLUDED
SHORT ANSWER

Do not buy until you can explain the drawdown calculation, daily reset, full cost path, permitted strategy and first payout requirements in your own words.

IN 60 SECONDS

What you will learn.

  1. 01
    The decision this guide helps you make

    A ten-minute pre-purchase review can prevent expensive misunderstandings. Record the checkout price, exact rule version and payout conditions before paying.

  2. 02
    Three details that change the result

    Save the checkout and rule pages. Identify the contracting company and refund policy. Ask support one specific rule question in writing.

  3. 03
    Compare like with like

    Use the same market, nominal account size and named product. Keep original currencies visible, distinguish one-time from recurring charges and do not transfer a rule from one program variant to another.

  4. 04
    Run the cost and risk check

    Convert the maximum loss into a currency buffer, add realistic subscriptions, activation and resets, then test whether your normal position size can survive an ordinary losing streak without approaching the provider limit.

01

The decision this guide helps you make

A ten-minute pre-purchase review can prevent expensive misunderstandings. Record the checkout price, exact rule version and payout conditions before paying.

02

Three details that change the result

Save the checkout and rule pages. Identify the contracting company and refund policy. Ask support one specific rule question in writing.

  • Save the checkout and rule pages.
  • Identify the contracting company and refund policy.
  • Ask support one specific rule question in writing.
03

Compare like with like

Use the same market, nominal account size and named product. Keep original currencies visible, distinguish one-time from recurring charges and do not transfer a rule from one program variant to another.

04

Run the cost and risk check

Convert the maximum loss into a currency buffer, add realistic subscriptions, activation and resets, then test whether your normal position size can survive an ordinary losing streak without approaching the provider limit.

05

Before checkout

Open every linked primary source again. Confirm the product name, account size, final price, drawdown basis, prohibited strategies and first payout requirements. Save the pages that formed your decision.

RELATED PROVIDER REVIEWS

Check the exact program.

FTMO

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Topstep

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Apex Trader Funding

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BEFORE CHECKOUT

Turn research into a defensible decision.

  1. 01

    Select market and exact account size.

  2. 02

    Calculate total cost and loss buffer.

  3. 03

    Read the provider review and official rule page.

  4. 04

    Confirm the final price and rule version.

Compare 50K / 100K →Open checklist →

PRIMARY SOURCES

Evidence behind this guide.

Official provider and help-center pages are linked below. Rules can change after review; reopen the exact program before purchase.

FTMO Trading Objectives ↗Topstep Payout Policy ↗Apex Help Center ↗