Fundamentals
Disclaimer
Disclaimer: This guide was written with AI assistance, reviewed for accuracy by the Proptary editorial team, and kept up to date. It's for education only — not financial advice. Prop trading and the financial markets carry a significant risk of loss, so consider your own situation and consult a licensed advisor before you trade.
Firm reviews, rule explainers, payout verification
Proptary editorial team independently reviews prop trading firms, verifies payouts, and explains the rules that decide who keeps an account. We disclose affiliate relationships and publish methodology for every score.
All Fundamentals Articles

How Much Money Do You Need to Start Day Trading?
Learn how much money to start day trading safely without risking instant liquidation. Read the full guide.
Proptary Team
What Is Leverage in Futures Trading? Mechanics, Math, and Traps
Learn what is leverage in futures trading, how contract math works, and key margin traps.
Proptary Team
What Is Delta in Options Trading? A Prop Trader’s Guide to Directional Exposure
Discover what is delta in options trading and how it impacts funded account position sizing.
Proptary Team
Is Forex Trading Legal in Canada? The Complete Legal & Regulatory Guide
Learn whether forex trading is legal in Canada, CIRO leverage caps, OSC rules, and CRA tax guidance. Read the full guide.
Proptary Team
Is Forex Trading Legit? The Truth About Scams, Losses, and Market Reality
Discover if forex trading is legit. Learn how interbank mechanics work and how to avoid broker scams.
Proptary Team
What Is Leverage in Forex Trading? A Prop Trader’s Guide
Learn what leverage in forex trading is, how margin works, and how to avoid prop drawdown traps.
Proptary Team
What Is Margin in Forex Trading?
Discover what is margin in forex trading, how formulas work, and key account metrics.
Proptary Team
Is Forex Trading a Scam? Market Reality vs. Retail Fraud
Discover if forex trading is a scam or a legitimate market. Learn to spot fraud early.
Proptary Team
Is Forex Trading Halal? Sharia Principles, Swap-Free Accounts, and Prop Firm Rules
Discover if forex trading is halal under Sharia law, from spot exchange to prop firm rules.
Proptary Team
Is Forex Trading Legal in India? The Complete Regulatory Guide
Discover if forex trading is legal in India, key RBI/SEBI rules, and how prop firms operate.
Proptary Team
Instant Funding vs Evaluation Explained: Which Suits You?
Instant funding vs evaluation explained: compare costs, risks, and rules for prop accounts. Read the full guide to choose the right one.
Proptary Team
How Does a Prop Firm Work? The Complete Mechanics Guide
Discover how a prop firm works, from evaluation phases and drawdown limits to profit splits and payout mechanics. Learn the real rules before trading.
Proptary Team
