Knowledge base

How Graybook works, in plain answers.

Short articles on the accounts, the rules, trading, Vig and payouts. Every figure here is the one the platform enforces.

Getting started

What Graybook is, the two paths, sizes, fees and paying.

  1. What Graybook isA perpetual futures prop trading firm with a simulated trading environment, a one-time fee per account, and payouts under the program rules.1 min read · Getting started
  2. Evaluation or Rapid: which path?Evaluation is the lower-cost path with a profit target to pass first. Rapid costs more and is funded from day one.1 min read · Getting started
  3. Account sizes and feesSix sizes from $1,000 to $100,000. Evaluation costs 1% of the size, Rapid 4%, paid once.1 min read · Getting started
  4. How to pay for an accountBy card, or in crypto with USDC, USDT, BTC or ETH. A checkout stays open for 10 minutes.1 min read · Getting started

Accounts and rules

The rules each account runs on, and the conduct every account expects.

  1. Evaluation account rulesA 10% profit target, a 5% static max loss, a 10% trailing daily max loss, a 2-day minimum, and no consistency rule.1 min read · Accounts and rules
  2. Rapid account rulesFunded from day one with one rule: a 4% static max loss. No target, no daily limit, no minimum days.1 min read · Accounts and rules
  3. The max loss, explainedA static floor under the account, set from the starting balance. Touch it and the account ends.1 min read · Accounts and rules
  4. One profile, your own tradesOne Graybook profile per person, no account sharing, no copying or hedging across accounts, and identity verification before a payout.1 min read · Accounts and rules

Trading

Perpetuals, hours, orders, markets and the research panel.

  1. How perpetual futures work on GraybookEach contract tracks its market with no expiry and no funding payments; every tick moves P&L by a known dollar amount.1 min read · Trading
  2. Trading hours and re-anchoringGraybook trades 24/7. When an underlying market reopens, its perpetual snaps back to the official price.1 min read · Trading
  3. Orders: entry, stop and target in oneEvery Graybook trade is a single order that places the entry, the stop loss and the take profit together.1 min read · Trading
  4. Markets you can tradePerpetual contracts on index futures, commodities, U.S. equities, crypto and forex, priced on official exchange feeds.1 min read · Trading
  5. The research panelEvery contract opens into three months of price, key statistics, seasonality by hour and weekday, and every daily return of the last quarter.1 min read · Trading

Vig

The AI quant built into the terminal.

  1. What Vig doesVig is Graybook's AI quant, built into the terminal at no extra cost. It reads your account, fills and chart; you confirm every trade.1 min read · Vig

Payouts and payments

How funded accounts pay out, and how paying in crypto works.

  1. How payouts workFunded accounts pay out: 80% every 5 trading days after an Evaluation, 90% on demand on a Rapid. Be flat to request; $10 minimum, $10,000 a day.1 min read · Payouts and payments
  2. Paying in cryptoUSDC, USDT, BTC or ETH. The checkout shows the amount at a locked rate and the address; send that amount within 10 minutes.1 min read · Payouts and payments

Learning and support

The courses, the certificate, and how to reach the team.

  1. Courses, quizzes and the certificateFive free courses on Graybook Education, quizzes that unlock the next lesson, and a signed certificate when all five are complete.1 min read · Learning and support
  2. Getting supportThe team is on Discord and X. Say which account and which trade or payment you mean, and we can help faster.1 min read · Learning and support
Didn't find it?The FAQ has the questions we get most, and the team is on Discord.
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