What should I check in the rules before paying for a prop firm challenge? Many traders sign up for a prop firm evaluation because the headline fee looks small, then get surprised by the rules after paying. A short checklist helps you compare firms calmly. Cheap and clear are not the same thing.Things worth writing down before paying for any challenge:1. Drawdown rules. Is the daily loss limit based on balance or equity, and is the maximum drawdown static or trailing?...