Most challenges are not failed on the profit target. They are failed on a drawdown rule the trader never turned into a real dollar number. Enter your account and the firm's limits to see your hard floor, your daily loss limit, and how many losing trades you have left.
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All values in your account currency. Enter current profit or loss as a positive or negative number.
At 1% risk ($1,000/trade), that is about 10 full losing trades before you breach the overall limit.
A profit target is a goal. A drawdown limit is a wall, and prop firms enforce two at once. The overall drawdown is the total you can lose from your reference balance, usually 8 to 10 percent. The daily limit is smaller, resets each day, and catches most traders, because a single bad session breaches it while you are still inside the overall limit.
A static floor is fixed from your starting balance and never moves, so profit is banked as breathing space. A trailing floor follows your highest equity and rises behind your profits, which means being up does not buy you more room. The gain trails the floor up until it locks, usually at your initial deposit. Switch the calculator between the two and watch the floor move.
For a trailing account, one more detail decides how much a single volatile trade can hurt you. An end-of-day floor moves on your balance at the close, so closed trades only. An intraday floor follows your peak equity in real time, unrealised profit included, so a trade that spikes to plus 3k and pulls back can ratchet the floor to that high and then cut you. A 10% intraday rule is far stricter than a 10% end-of-day one. Read the mechanic, not the headline number.
An intraday spike you give back before the close never gets baked into the floor.
Runs to +$3k, pulls back, and the floor ratchets to that high-water mark. It cuts you even if you close flat.
Most prop firms run on MetaTrader or cTrader. Connect once and your drawdown tracks itself from then on.
Connects via API to any MT4 or MT5 prop account. No plugins and no CSV exports - drawdown tracked automatically.
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Connects via the official cTrader API. Full history imports on connection and drawdown updates on every new trade.
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Connects via the OANDA API. Forex, indices, commodities and metals with drawdown on every trade.
Learn about OANDA →Drawdown is one rule of several. Here is how the whole challenge fits together.
The full rundown of how prop firm challenges, rules and payouts actually work.
Read the guide →Maximum vs daily drawdown, and the recovery math that makes it the metric that ends accounts.
Read more →Why most traders fail, and the risk math that decides whether you get funded.
Read more →Turn the gap to your floor into an exact lot size for a fixed dollar risk.
Open →Automatic drawdown, daily loss and consistency across every account.
Read more →A free guide to staying inside the rules while you push for the profit target.
Get the kit →Everything you might want to know about prop firm drawdown.
Prop firm drawdown is a percentage of your account size that sets a hard floor your equity cannot cross. A 10% overall drawdown on a 100,000 account is a 10,000 loss limit, so the floor sits at 90,000. Breach it and the account fails, no matter your open profit.
A static drawdown floor is fixed for the whole challenge, set from your starting balance. A trailing drawdown floor follows your highest equity or balance, so as you make profit the floor rises by the same amount. With trailing, being up does not buy you more room - the limit trails your gains until it locks, usually at your initial deposit.
The daily loss limit is a separate, smaller drawdown that resets each trading day, usually 4 to 5 percent of the account. You can breach it on a single bad day even while you are well inside the overall drawdown, which is why it fails more challenges than the overall limit does.
It depends on your risk per trade. If you risk 1% of a 100,000 account, that is 1,000 per trade, and a 10,000 overall drawdown gives you roughly ten consecutive full losses before you breach. Risk 2% and you halve that to five. The calculator above shows the number for your inputs.
Tracker Fx syncs every trade from your prop account automatically and calculates your running drawdown and daily P&L, so the numbers stay up to date without a spreadsheet. Card required, 7-day free trial, cancel anytime.
Connect your MetaTrader, cTrader or OANDA prop account and Tracker Fx calculates your drawdown automatically from every synced trade, so the number is always up to date without a spreadsheet.
7-day free trial. Card required, cancel anytime.
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