Prop Trading Glossary
117+ terms used by top prop firms — simplified.
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117 of 117 terms
Consistency Rule
Learn what Consistency Rule means, why it matters, and how it applies to prop trading.
Account Equity
Learn what Account Equity means, why it matters, and how it applies to prop trading.
Account Reset
Learn what Account Reset means, why it matters, and how it applies to prop trading.
Activation Fee
Learn what Activation Fee means, why it matters, and how it applies to prop trading.
Balance-Based Drawdown
Learn what Balance-Based Drawdown means, why it matters, and how it applies to prop trading.
Bi-Weekly Payout
Learn what Bi-Weekly Payout means, why it matters, and how it applies to prop trading.
Bracket Order
Learn what Bracket Order means, why it matters, and how it applies to prop trading.
Breakeven Rule
Learn what Breakeven Rule means, why it matters, and how it applies to prop trading.
Buffer Balance
Learn what Buffer Balance means, why it matters, and how it applies to prop trading.
Buying Power
Learn what Buying Power means, why it matters, and how it applies to prop trading.
Challenge Account
Learn what Challenge Account means, why it matters, and how it applies to prop trading.
Commission
Learn what Commission means, why it matters, and how it applies to prop trading.
Contract Rollover
Learn what Contract Rollover means, why it matters, and how it applies to prop trading.
Contract Size
Learn what Contract Size means, why it matters, and how it applies to prop trading.
Copy Trading Rule
Learn what Copy Trading Rule means, why it matters, and how it applies to prop trading.
CQG
Learn what CQG means, why it matters, and how it applies to prop trading.
Daily Loss Limit
Learn what Daily Loss Limit means, why it matters, and how it applies to prop trading.
Daily Profit Limit
Learn what Daily Profit Limit means, why it matters, and how it applies to prop trading.
Data Feed
Learn what Data Feed means, why it matters, and how it applies to prop trading.
Data Feed Fee
Learn what Data Feed Fee means, why it matters, and how it applies to prop trading.
Demo Account
Learn what Demo Account means, why it matters, and how it applies to prop trading.
DOM (Depth of Market)
Learn what DOM (Depth of Market) means, why it matters, and how it applies to prop trading.
Drawdown
Learn what Drawdown means, why it matters, and how it applies to prop trading.
End-of-Day Drawdown
Learn what End-of-Day Drawdown means, why it matters, and how it applies to prop trading.
Equity-Based Drawdown
Learn what Equity-Based Drawdown means, why it matters, and how it applies to prop trading.
Evaluation Fee
Learn what Evaluation Fee means, why it matters, and how it applies to prop trading.
Evaluation Phase
Learn what Evaluation Phase means, why it matters, and how it applies to prop trading.
Execution
Learn what Execution means, why it matters, and how it applies to prop trading.
Expert Advisor
Learn what Expert Advisor means, why it matters, and how it applies to prop trading.
Expiration
Learn what Expiration means, why it matters, and how it applies to prop trading.
Fear of Missing Out
Learn what Fear of Missing Out means, why it matters, and how it applies to prop trading.
First Payout
Learn what First Payout means, why it matters, and how it applies to prop trading.
Free Trial
Learn what Free Trial means, why it matters, and how it applies to prop trading.
Front Month
Learn what Front Month means, why it matters, and how it applies to prop trading.
Funded Account
Learn what Funded Account means, why it matters, and how it applies to prop trading.
Futures Contract
Learn what Futures Contract means, why it matters, and how it applies to prop trading.
Grid Trading
Learn what Grid Trading means, why it matters, and how it applies to prop trading.
Hedging Rule
Learn what Hedging Rule means, why it matters, and how it applies to prop trading.
High-Frequency Trading
Learn what High-Frequency Trading means, why it matters, and how it applies to prop trading.
High-Water Mark
Learn what High-Water Mark means, why it matters, and how it applies to prop trading.
Initial Balance
Learn what Initial Balance means, why it matters, and how it applies to prop trading.
Instant Funding
Learn what Instant Funding means, why it matters, and how it applies to prop trading.
Intraday Drawdown
Learn what Intraday Drawdown means, why it matters, and how it applies to prop trading.
KYC (Know Your Customer)
Learn what KYC (Know Your Customer) means, why it matters, and how it applies to prop trading.
Limit Order
Learn what Limit Order means, why it matters, and how it applies to prop trading.
Liquidity
Learn what Liquidity means, why it matters, and how it applies to prop trading.
Live Account
Learn what Live Account means, why it matters, and how it applies to prop trading.
Maintenance Margin
Learn what Maintenance Margin means, why it matters, and how it applies to prop trading.
Mark-to-Market
Learn what Mark-to-Market means, why it matters, and how it applies to prop trading.
Market Order
Learn what Market Order means, why it matters, and how it applies to prop trading.
Market Sentiment
Learn what Market Sentiment means, why it matters, and how it applies to prop trading.
Martingale
Learn what Martingale means, why it matters, and how it applies to prop trading.
Max Drawdown
Learn what Max Drawdown means, why it matters, and how it applies to prop trading.
Max Position Size
Learn what Max Position Size means, why it matters, and how it applies to prop trading.
Micro Account
Learn what Micro Account means, why it matters, and how it applies to prop trading.
Mini Account
Learn what Mini Account means, why it matters, and how it applies to prop trading.
Minimum Payout
Learn what Minimum Payout means, why it matters, and how it applies to prop trading.
Minimum Profitable Day Amount
Learn what Minimum Profitable Day Amount means, why it matters, and how it applies to prop trading.
Minimum Profitable Days
Learn what Minimum Profitable Days means, why it matters, and how it applies to prop trading.
Minimum Trading Days
Learn what Minimum Trading Days means, why it matters, and how it applies to prop trading.
Mixed Contracts
Learn what Mixed Contracts means, why it matters, and how it applies to prop trading.
Monthly Fee
Learn what Monthly Fee means, why it matters, and how it applies to prop trading.
News Trading Restriction
Learn what News Trading Restriction means, why it matters, and how it applies to prop trading.
NinjaTrader
Learn what NinjaTrader means, why it matters, and how it applies to prop trading.
OCO (One Cancels the Other)
Learn what OCO (One Cancels the Other) means, why it matters, and how it applies to prop trading.
One-Step Evaluation
Learn what One-Step Evaluation means, why it matters, and how it applies to prop trading.
One-Time Fee
Learn what One-Time Fee means, why it matters, and how it applies to prop trading.
Open Interest
Learn what Open Interest means, why it matters, and how it applies to prop trading.
Overnight Holding
Learn what Overnight Holding means, why it matters, and how it applies to prop trading.
Overtrading
Learn what Overtrading means, why it matters, and how it applies to prop trading.
Path to Live
Learn what Path to Live means, why it matters, and how it applies to prop trading.
Payout Buffer
Learn what Payout Buffer means, why it matters, and how it applies to prop trading.
Payout Cycle
Learn what Payout Cycle means, why it matters, and how it applies to prop trading.
Payout Frequency
Learn what Payout Frequency means, why it matters, and how it applies to prop trading.
Payout Max Tiers
Learn what Payout Max Tiers means, why it matters, and how it applies to prop trading.
Payout Method
Learn what Payout Method means, why it matters, and how it applies to prop trading.
Payout Processing Time
Learn what Payout Processing Time means, why it matters, and how it applies to prop trading.
Position Sizing
Learn what Position Sizing means, why it matters, and how it applies to prop trading.
Profit Share
Learn what Profit Share means, why it matters, and how it applies to prop trading.
Profit Split
Learn what Profit Split means, why it matters, and how it applies to prop trading.
Profit Target
Learn what Profit Target means, why it matters, and how it applies to prop trading.
Prop Firm Account
Learn what Prop Firm Account means, why it matters, and how it applies to prop trading.
Realized P&L
Learn what Realized P&L means, why it matters, and how it applies to prop trading.
Refundable Fee
Learn what Refundable Fee means, why it matters, and how it applies to prop trading.
Reset Fee
Learn what Reset Fee means, why it matters, and how it applies to prop trading.
Restricted Countries
Learn what Restricted Countries means, why it matters, and how it applies to prop trading.
Revenge Trading
Learn what Revenge Trading means, why it matters, and how it applies to prop trading.
Risk Tolerance
Learn what Risk Tolerance means, why it matters, and how it applies to prop trading.
Risk-Reward Ratio
Learn what Risk-Reward Ratio means, why it matters, and how it applies to prop trading.
Scaling Milestone
Learn what Scaling Milestone means, why it matters, and how it applies to prop trading.
Scaling Plan
Learn what Scaling Plan means, why it matters, and how it applies to prop trading.
Settlement Price
Learn what Settlement Price means, why it matters, and how it applies to prop trading.
Simulated Account
Learn what Simulated Account means, why it matters, and how it applies to prop trading.
Slippage
Learn what Slippage means, why it matters, and how it applies to prop trading.
Spread
Learn what Spread means, why it matters, and how it applies to prop trading.
Standard Account
Learn what Standard Account means, why it matters, and how it applies to prop trading.
Static Drawdown
Learn what Static Drawdown means, why it matters, and how it applies to prop trading.
Stop Order
Learn what Stop Order means, why it matters, and how it applies to prop trading.
Stop-Loss
Learn what Stop-Loss means, why it matters, and how it applies to prop trading.
Swing Trading
Learn what Swing Trading means, why it matters, and how it applies to prop trading.
Take Profit
Learn what Take Profit means, why it matters, and how it applies to prop trading.
Tick Size
Learn what Tick Size means, why it matters, and how it applies to prop trading.
Tilt
Learn what Tilt means, why it matters, and how it applies to prop trading.
Time Limit
Learn what Time Limit means, why it matters, and how it applies to prop trading.
Trade Copier
Learn what Trade Copier means, why it matters, and how it applies to prop trading.
Trading Hours
Learn what Trading Hours means, why it matters, and how it applies to prop trading.
Trading Journal
Learn what Trading Journal means, why it matters, and how it applies to prop trading.
Trading Platform
Learn what Trading Platform means, why it matters, and how it applies to prop trading.
TradingView
Learn what TradingView means, why it matters, and how it applies to prop trading.
Tradovate
Learn what Tradovate means, why it matters, and how it applies to prop trading.
Trailing Drawdown
Learn what Trailing Drawdown means, why it matters, and how it applies to prop trading.
Trailing Stop
Learn what Trailing Stop means, why it matters, and how it applies to prop trading.
Trend
Learn what Trend means, why it matters, and how it applies to prop trading.
Unrealized P&L
Learn what Unrealized P&L means, why it matters, and how it applies to prop trading.
Volatility
Learn what Volatility means, why it matters, and how it applies to prop trading.
Weekend Holding
Learn what Weekend Holding means, why it matters, and how it applies to prop trading.
Withdrawal Request
Learn what Withdrawal Request means, why it matters, and how it applies to prop trading.