Prop firm challenges fail accounts the moment you breach either the daily or the overall max drawdown limit. This free prop firm drawdown calculator shows exactly how much drawdown you've used and how much you have left — so you always know how close to the failure line you are before placing your next trade on FTMO, MyForexFunds, The5%ers, or any prop firm.
Prop Firm Drawdown Calculator is part of the free Aurex Trader calculator suite — 23 browser-based tools for gold (XAUUSD) and forex traders. Nothing is installed, no account is required, and every calculation runs locally in your browser.
Results update instantly as you type, so you can compare several scenarios before placing a trade.
Daily drawdown resets every trading day and fails you if your equity drops by that % from start-of-day. Max drawdown is cumulative from account high (trailing) or account start (static) — hit either and your account fails.
Most successful funded traders keep daily losses below 40% of the daily drawdown limit — so on a 5% daily DD firm they cap loss at ~2%. This leaves recovery room and prevents tilt-driven blow-ups.