A discount to the monthly fee that can be accessed by using the Prop Firm Genius affiliate discount code.
Reducing costs through fee discounts allows traders to participate in more evaluations or allocate saved funds toward trading capital.
A trader uses the Prop Firm Genius code to receive a 20% discount, lowering their monthly evaluation fee from $150 to $120, saving $30 per month.
The number of phases a trader must complete to qualify for a funded account. Each phase typically includes meeting profit targets while adhering to risk rules.
The initial amount of capital allocated to a trading account in an evaluation or funded account.
The specific profit amount a trader must achieve to pass an evaluation or progress to a higher account level.
The maximum amount a trader is allowed to lose in a single trading day. Exceeding this limit typically disqualifies the trader. There are different types of loss limits, so it is important to understand the type that applies to a chosen plan.
The maximum permissible loss from the starting balance or peak balance. Breaching the drawdown limit ends the evaluation or funded account.