Advanced Prop Firm Rule Tracker
Track Consistency Rule and Maximum Trailing Drawdown.
Challenge Configuration
e.g., 50% means single-day profit cannot exceed 50% of the **$8000** Profit Target.
Daily Profits/Losses
Overall Challenge Status
Current Equity
$100,000.00
Net Profit Achieved
$0.00
Lowest Permitted Balance (LPB)
$95,000.00
Highest Daily Profit
$0.00
Rule Compliance Summary
Max Trailing Drawdown
Pending
Checking against the Lowest Permitted Balance.
Consistency Rule
Pending
Checking against the Max Daily Profit limit.
What is a Prop Firm Challenge?
A prop firm challenge is essentially a test in which the company gives you virtual funds (say, $100,000). If you trade forex, you’ve likely heard of prop firm challenges—like those from FTMO, Funding Pips, or Alpha Capital Group. These firms provide traders with a demo account where they must demonstrate profitability, but with strict rules.
Many traders are good at trading, yet they still fail the challenge—simply because they don’t follow the rules. The Forex Prop Firm Challenge Tracker solves this problem.
You must achieve a fixed profit target with this fund—such as $8,000. But you must also ensure that your drawdown and daily profit limits do not exceed any rules.
Example:
Initial Balance: $100,000
Profit Target: $8,000
Max Trailing Drawdown: 5% ($5,000)
Max Daily Profit Limit: 50% of target ($4,000)
If you achieve your profit target while following these rules, you receive a funded trading account where you can trade with real money.
You can use these tools Percentage Calculator
Why is it important to use the Challenge Tracker?
The biggest challenge in a Prop Firm Challenge is how you manage your profits, losses, and rules.
Challenge Tracker is a tool that automatically calculates your overall performance.
Here, you enter your daily profit/loss, and it instantly tells you:
- What is your current equity?
- What was your total net profit?
- Did you follow the drawdown rule or not?
- And whether your consistency rule is safe or broken?
Related tool: thetrustedprop.com
Example:
Current Equity: $107,500
Net Profit: $7,500
Lowest Permitted Balance: $95,000
Highest Daily Profit: $3,000
This means the trader is just $500 away from passing the challenge!
Important Rules of the Challenge
- Max Trailing Drawdown
This rule tells you the maximum amount of your total capital you can lose.
If the drawdown is 5%, your minimum balance in a $100,000 account should not fall below $95,000.
Current equity ($107,500) is in the safe zone — rule PASS!
- Consistency Rule
This rule ensures that you don’t make excessive profits in a single day. It stabilizes the trading pattern.
If the rule is 50% of the target, then on an $8,000 target, you can earn a maximum of $4,000 in a day.
Highest daily profit ($3,000) is within this limit — rule PASS!
Practical Tips to Pass the Challenge
Keep your risk low: Risk only 1–2% per trade.
Don’t overtrade: Avoid revenge trading after a loss.
Use the Daily Tracker: Check your profit/loss and rules daily.
Maintain consistency: Take small profits daily instead of taking a large profit in one day.
Follow your trading plan: Adjust your trading plan when the rules are close.