From drawdown rules to payout splits — every term you need to understand, master, and pass your challenge.
A funded trader is a trader who is given access to capital by a proprietary (prop) trading firm after demonstrating consistent performance and risk management. Instead of trading their own money, the trader operates a funded account and earns a percentage of the profits generated. Funded traders must follow strict rules set by the firm to maintain access to the capital.
Learn moreFAANG is an acronym referring to five major technology companies: Meta (formerly Facebook), Apple, Amazon, Netflix, and Google (Alphabet). These companies are known for their dominant market positions, large market capitalisations, and significant influence on broader stock market indices. Traders and investors closely follow FAANG stocks due to their high liquidity and market-moving potential.
Learn moreFutures trading involves buying or selling contracts that obligate the trader to purchase or sell an asset at a predetermined price on a specified future date. Futures are standardised contracts traded on exchanges and are available for a wide range of assets, including commodities, currencies, indices, and interest rates. They are commonly used for both speculation and hedging.
Learn moreExplore all glossary terms currently grouped under the letter "F".
Becoming a top trader starts with the right environment. 4PropTrader offers market-leading, risk-free conditions for your trading journey. All accounts operate with simulated funds — no real currency is involved. This allows you to build skills and confidence without financial risk. With our programs, you can grow and excel as a trader.
