Top Prop Firm Questions Traders Ask (and How Cointracts Leads the Way)

In the fast-paced world of funded trading, prop firms have opened the door for thousands of traders to access large capital without risking their own funds. But before joining one, it’s normal to have questions and lots of them.

This article breaks down the most common prop firm questions traders ask and uses Cointracts.com as a real-world example of how a reliable prop firm operates.

What Is a Prop Firm?

A proprietary trading firm (prop firm) gives traders access to company capital to trade financial markets. Instead of using your own funds, you trade the firm’s funds and share profits based on performance.

For example, Cointracts offers funded trading accounts that let traders earn up to $100,000 in capital with daily payouts and crypto-only funding options.

How Does a Prop Firm Work?

Most prop firms operate through an evaluation process or instant funding model:

• Evaluation (Challenge): Traders prove consistency by hitting profit targets without breaching drawdown limits.
  
• Instant Funding: Traders skip the challenge and trade a live funded account immediately.

At Cointracts, traders can choose both from two-step challenges to instant funding, depending on their confidence and experience.

Funding and Account Sizes

Prop firms offer different account sizes depending on your trading goals.

At Cointracts, traders can access accounts from $2,000 up to $100,000, with flexible upgrade and scaling options. Once a trader consistently performs well, their account can grow, increasing potential profits.

Rules and Trading Conditions

Every prop firm sets trading rules to manage risk. Common rules include:

• Profit target (e.g., 10%)
• Maximum drawdown (e.g., 5–10%)
• Daily loss limit
• Minimum trading days
  
  

Cointracts stands out with no time limits, realistic drawdown levels, and 24/7 crypto trading  giving traders flexibility across Forex, Indices, and Crypto pairs.

Payouts and Withdrawals

Payouts are what every trader looks forward to!

Most prop firms offer payouts monthly or bi-weekly, but Cointracts.com takes it further   with daily payouts available to qualified traders. You can request a payout as often as you like once profitable, making it one of the fastest in the industry.

All payouts are processed in crypto, ensuring speed, security, and global accessibility.

KYC and Verification

Prop firms typically require traders to verify their identity to ensure compliance and prevent misuse.

Cointracts keeps the process simple   traders only need basic KYC before receiving their first payout, ensuring both security and ease of access.

Evaluation Phases and Challenge Resets

Most prop firms have one or two evaluation phases.

At Cointracts, the two-phase challenge includes:

1. Phase 1 – Prove profitability while respecting the drawdown limit.
   
2. Phase 2 – Demonstrate consistency and risk management.
   
   
   

   
   

If you fail, you can easily reset your challenge at a discounted price   a fair way to try again without starting over completely.

Support and Platform Access

Having responsive support is essential. Cointracts provides live chat support and a smooth trading experience, the world’s most trusted trading platform.

Traders also have access to a dashboard where they can track performance, payouts, and ongoing challenges   all in one place.

Refunds and Policies

While many prop firms keep evaluation fees non-refundable, Cointracts rewards traders who pass their challenge with a 100% refund of their evaluation fee. It’s a win-win: you prove your skill, get funded, and recover your cost.

Common Trader Curiosities

Let’s address a few quick questions every trader asks:

1. How do prop firms make money if traders lose?
   They earn from evaluation fees and by partnering with consistently profitable traders.
2. Can I trade news or scalp?
   Cointracts allow all legitimate trading styles news, scalping, or swing   as long as risk limits are respected.
3. What’s the best way to pass a challenge?
   Focus on consistency, not big wins. Cointracts encourages disciplined trading over risky strategies.

Why Cointracts Stands Out

Among the growing number of prop firms, Cointracts.com has built its reputation on transparency, crypto-first funding, and fast payouts. Traders choose it for:

– Crypto-only ecosystem  Deposit and withdraw in Bitcoin, USDT, or other stablecoins.
– Instant funding options  No waiting, no challenge.
– Daily payouts Get rewarded faster than anywhere else.
– Real trading conditions  Tight spreads, real-time execution.

If you’re ready to prove your trading skills and get funded instantly, visit Cointracts.com to start your journey.

Prop firms are reshaping how traders access capital  and understanding their structure helps you make smarter choices. Whether you’re exploring your first challenge or looking for faster payouts, Cointracts represents what a modern, trader-first prop firm should be.

Start trading smarter, not harder   with Cointracts.