OmbraHow futures prop evaluations work
A prop firm evaluation is a paid test on a simulated account. You pay a fee, trade a demo account with a set of rules, and the firm reviews the result against those rules.
The account is simulated. Fills come from a simulation, not the live market, so they can differ from what you would get with real orders. The money you trade with is not real.
Typical rules include a profit target, a maximum drawdown (often trailing), sometimes a daily loss limit, a consistency rule, a minimum number of trading days, contract limits and restrictions around news or overnight holding.
Breaking a rule usually ends that attempt. Many people do not reach the target, and fees, resets and data costs add up. Treat the fee as a cost you can afford to lose.
What happens after an evaluation is set by each firm's own terms. Read them before you pay, including how payouts work, what you can and cannot do, and when the firm can close an account.
This page is general education, not a recommendation to buy any evaluation.
Read: what to check before you pay
Education only. Not advice. Trading futures carries risk of loss; evaluations use simulated accounts.