Understand the terms.
Then compare.
Worked examples and primary sources for the rules that change a trading program.
RISK RULES
EOD vs intraday drawdown: follow the floor
A numerical example showing how end-of-day and intraday trailing loss limits differ, and why either can fail during the session.
Read guide ↗COST & FEESThe cost beyond a prop firm entry fee
Separate entry fees, renewals, resets, activation and payout deductions with an explicit known-fee scenario.
Read guide ↗PAYOUT ELIGIBILITYWhat actually unlocks a first payout?
Distinguish payout frequency from qualifying days, consistency, safety nets, minimum requests and payout caps.
Read guide ↗