People-first guide · Rule research
Simulated trading vs brokerage accounts
Why a prop evaluation and a brokerage account can have different services, protections and risks.
Questions to answer
- Identify whether the program describes simulated or live trading.
- Find the legal entity, jurisdiction and applicable risk disclosure.
- Do not treat a simulated account size as cash deposited in your name.
Use the official terms as the final authority
Rules can change by product, account type, entity and jurisdiction. Save the source page and review date before making a purchase or deposit.
Read the methodology