Learn the rules

Plain-English explainers of the prop-firm rules that decide whether an account survives. Per firm, grounded in the real numbers.

Topstep

Topstep hub →
Trailing drawdown
Topstep trailing drawdown, explained
Daily loss limit
Topstep daily loss limit
Consistency rule
Topstep consistency rule
How to pass
How to pass Topstep
Common breaches
Why traders fail Topstep

Apex Trader Funding

Apex Trader Funding hub →
Trailing drawdown
Apex Trader Funding trailing drawdown, explained
How to pass
How to pass Apex Trader Funding
Common breaches
Why traders fail Apex Trader Funding

TakeProfit Trader

TakeProfit Trader hub →
Trailing drawdown
TakeProfit Trader trailing drawdown, explained
Daily loss limit
TakeProfit Trader daily loss limit
How to pass
How to pass TakeProfit Trader
Common breaches
Why traders fail TakeProfit Trader

FTMO

FTMO hub →
Maximum loss
FTMO maximum loss, explained
Daily loss limit
FTMO daily loss limit
How to pass
How to pass FTMO
Common breaches
Why traders fail FTMO

FundedNext

FundedNext hub →
Maximum loss
FundedNext maximum loss, explained
Daily loss limit
FundedNext daily loss limit
How to pass
How to pass FundedNext
Common breaches
Why traders fail FundedNext

The5ers

The5ers hub →
Maximum loss
The5ers maximum loss, explained
Daily loss limit
The5ers daily loss limit
How to pass
How to pass The5ers
Common breaches
Why traders fail The5ers

Reading the rules is prep. Tracking them is survival.

Merlin computes your distance to every rule on these pages from your imported trades, and the Pre-Trade Check flags the trade that breaks one before you take it.

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