Prop firm news & analysis
Industry shifts, rule changes, scam patterns, and opinion. Phase 4 will auto-publish change notices from the AI rule parser; for now this is editorial.
Delta-Z launches with 11 firms, full rule schemas, snapshot audit
We shipped Delta-Z this week. 11 firms, 14 rule signals each, every pricing page snapshotted on every scrape run. Here's what's live and what's coming.
Consistency rules are the new margin call
FundingPips just enforced a previously-soft consistency rule retroactively on a Discord-full of $100K traders. The rule wasn't new; the enforcement was. Here's why every prop trader needs to read the small print on consistency before funding day, not after.
Instant funding: the math most traders skip
Instant funding skips the Evaluation but ships half the drawdown room at 2-3x the upfront cost. We walked the spreadsheet on three popular instant plans. Spoiler: the break-even sharpe is higher than most traders' last quarterly P&L.