The gap between buying and trading is where most preventable failures get prevented.
Read the entire rule sheet, not the summary
Daily loss measurement, max loss type, minimum days, news, weekend, hold time. Write the four numbers that apply to you on a sticky note.
Calculate your position size in advance
For each instrument you trade, at 0.5% risk, for your typical stop. Have the numbers ready before the market opens, not during it.
Set your personal daily stop
Half the firm's limit. Write the dollar figure down. It is a number, not a feeling.
Check server time against your own
The daily loss window runs on the broker's day. Know the offset.
Complete identity verification now
Not when you pass. It is the single most common cause of a delayed first payout and it takes ten minutes today.
Trade one session at minimum size first
Confirm spreads, fills and platform behaviour before anything is at stake.
Write down what would make you stop for the week
Decide it while calm. Two red days? A rule break? Choose now, because you will not choose well later.
Because there is no expiry on any evaluation phase, none of this has to be rushed. There is no clock running while you prepare.
Start when you are ready
No expiry on any phase and no minimum trading days on the Pay After Pass challenge.
Frequently asked questions
How should I prepare for a prop firm challenge?
Read the full rule sheet, pre-calculate position sizes at 0.5% risk, set a personal daily stop at half the firm's limit, check server time, complete identity verification immediately, and trade one session at minimum size first.
Should I verify my identity before or after passing?
Before. Incomplete verification is the most common cause of a delayed first payout, and completing it on day one costs ten minutes.
FundedAxe evaluations and funded accounts are simulated. Traders do not trade real client capital; rewards are paid on simulated performance under the terms of the FundedAxe trader agreement.