Bad Prop Rules

Watch out for these questionable rules that can hurt your trading success.

HANTEC TRADER

FLAG

RULE

A Margin Rule with Leverage that leaves room for breach.

IMPACT

This rule is basically out to breach trader accounts as it is them leaving room for you to use the leverage offered and breaching your account when you use what they have provided.

truenorthtradr — Honest Prop Firm Reviews, Discount Codes & Trading Stats from a Funded Trader

Established December 27, 2022

Searching for the right prop firm? I've been navigating the prop firm space since 2022 and now, I'm testing the top players, so you don't have to. Get unbiased reviews based on my personal trading journey, exclusive discount codes, and real insights to help you avoid costly mistakes and find the firm that actually pays.

Why Trust My Prop Firm Reviews?

Funded trader with 3+ years of experience in the prop firm industry
Personally tested over 10 prop firms with real capital
No BS — I call out bad rules, hidden fees, and scams that hurt traders
Updated discount codes that actually work and save you money on challenge fees

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Top-Rated Prop Firms for 2025

See my honest rankings of the best proprietary trading firms based on payout speed, rules fairness, spreads, and customer support. Every review is based on personal experience, not paid promotions.

Prop Firms to Avoid — Bad Rules That Hurt Traders

Some prop firms have unfair rules, hidden fees, or poor payout practices. I maintain a list of bad prop firm rules based on personal experience and community feedback so you can steer clear of firms with predatory policies.

Exclusive Prop Firm Discount Codes

Save 10-20% on prop firm challenge fees with verified, regularly updated discount codes. Every code is tested to ensure it works before being listed.

Verified Trading Performance

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3+ Years Experience — Continuous growth and learning in the financial markets.

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Frequently Asked Questions

What is the best prop firm?

The best prop firm depends on your trading style, preferred platform, and risk tolerance. I've personally tested over 10 prop firms since 2022 and rank them based on payout speed, rules fairness, spreads, and customer support. Check my prop firm reviews for detailed, unbiased rankings.

How do prop firm challenges work?

Prop firm challenges require you to hit a profit target (usually 8-10%) within a set period while staying within drawdown limits. Once you pass, you trade a funded account and keep a share of the profits (typically 70-90%). Each firm has different rules, and some have hidden catches. I document these in my bad prop rules section.

Are prop firm discount codes legitimate?

Yes, many prop firms offer legitimate discount codes that can save you 10-20% on challenge fees. I verify and update my discount codes regularly to ensure they work. Check my exclusive discount codes page for current deals.

Which prop firms should I avoid?

Some prop firms have unfair rules, hidden fees, or poor payout practices. I maintain a list of bad prop firm rules based on my personal experience and community feedback. Visit my Prop Firms to Avoid page for details on which firms have problematic policies.

About truenorthtradr

truenorthtradr is a personal trading portfolio by Robert, an independent trader documenting his journey through the prop firm industry since December 2022. This site showcases funded account certificates, payout proofs, verified trading statistics, and honest reviews to help fellow traders make informed decisions.

Note: truenorthtradr (without the 'e') is a personal portfolio site and is not affiliated with any company named "True North Trader" or similar commercial entities.