Learning hub
Learn the risk before you take it
Independent, plain-English education for retail traders: how to check a broker, how prop firm rules work, how to size a trade and how to keep your head. Free, and never paid for by the firms we write about.
Overview
Three ways to learn
Check who you are dealing with
Confirm a broker or prop firm on the regulator's register, and read the warning signs of a scam.
Size the risk
Turn a risk percentage and a stop into a position size, and see what a pip or a margin requirement is worth.
Understand the terms
Clear definitions with worked examples for daily loss limits, drawdown, and trading psychology.
Guides
Latest guides
- Broker safetyHow to check if a broker is FCA regulated
A step-by-step guide to checking a broker on the FCA Register: find the firm reference number, confirm permissions, spot clone firms and read the warning list.
Read more - Prop firmsProp firm challenge rules that catch traders out
Daily drawdown, trailing drawdown, news trading limits and consistency rules explained, with a worked example and a checklist to run before you buy a challenge.
Read more - Risk managementPosition sizing: how much to risk per trade
How to size a trade from your balance, risk percentage and stop distance, with a worked forex example and why recovering a loss is harder than making one.
Read more
Learn it, then check it
Run a free check on a broker or prop firm before you deposit.