NQ Prop Firm Risk Checklist
A practical pre-purchase checklist for NQ/MNQ traders comparing funded futures accounts.
1. Drawdown structure
I know whether the account uses EOD trailing, intraday trailing, or static drawdown.
I checked whether unrealized intraday gains can move the drawdown floor.
I calculated the remaining cushion after my normal stop size.
Liquidation cushion = current balance - drawdown floor
2. NQ/MNQ risk sizing
I converted my stop into dollars before placing the trade.
I compared trade risk against daily loss and remaining drawdown cushion.
I can use MNQ first if the account cushion is still thin.
NQ risk = contracts x stop points x $20
MNQ risk = contracts x stop points x $2
MNQ risk = contracts x stop points x $2
3. Payout readiness
I checked minimum trading days, profit buffer, consistency rule, and payout caps.
I know whether one big day can block or delay payout.
I checked activation fees, funded account fees, resets, and withdrawal timing.
4. Account fit
My stop size fits the drawdown and daily loss rules.
My strategy fits the hold-time, overnight, news, copier, and platform rules.
I compared rule fit before chasing the lowest displayed price.
Before checkout
I opened the official source and rechecked the current rule page.
I tried any partner code at checkout and confirmed the final price before paying.
I understand this checklist is educational only, not financial advice or a payout guarantee.