STAGE 06 OF 07
Accounts & Trading Environments
Simulation, brokers, evaluations and obligations
Understand what changes across account types—and what does not.
0 / 5
Study sequence
01Simulation is training, not live evidencePaper trading is useful, but the assumptions and emotions differ from a funded position.Estimated 8–12 min · Interactive knowledge check○02How to evaluate a futures brokerA low advertised commission is only one part of the decision.Estimated 8–12 min · Interactive knowledge check○03Understanding prop evaluationsA retail evaluation is a contract with a provider, not automatically a job or brokerage account.Estimated 8–12 min · Interactive knowledge check○04Risk limits change across environmentsThe same method interacts differently with cash accounts, futures brokerage margin and evaluation constraints.Estimated 8–12 min · Interactive knowledge check○05Trading accounts, careers, and claimsTrading an account, buying an evaluation and working for a trading firm are distinct arrangements.Estimated 8–12 min · Interactive knowledge check○
STAGE CHECKRIDE
Demonstrate your understanding
5 questions · Pass at 4/5 · Review feedback and retry.