Stay inside your prop firm rules
Daily loss and drawdown limits are where prop challenges are won or lost. These tools show your room before each trade, so you can size positions and protect your account.
Tools for a prop firm challenge
Prop Challenge Tracker
Enter your challenge rules and see the profit target still to reach, the daily loss room left and the total loss room left.
Risk Calculator
Get your position size from your account size, risk percent and stop loss, before you click buy or sell.
Bot Builder with loss limits
If you automate, build your bot with a daily loss limit and risk limits so it respects your rules.
Trading Journal
Log every trade, see your results on a calendar and find out what actually works.
Charts with bar replay
Practise on years of price history, one candle at a time, before you take the setup in a challenge.
Learn it in the Academy
Position sizing, stop losses, trading psychology and prop firm preparation are taught in the Pro: Complete Forex Trader Program.
No tool can guarantee that you pass a prop firm challenge, and every firm has its own rules, so always check yours. MarkIQ SI provides education and market information, not financial advice. Trading carries a high risk of loss.
Questions
What is a prop firm challenge?
A prop firm challenge is an evaluation in which you trade under set rules, usually a profit target together with a daily loss limit and a maximum total loss, to qualify for a funded account. Rules differ between firms.
What does the Prop Challenge Tracker show?
The profit target you still have to reach, how much daily loss room you have left, and how much total loss room you have left.
Will these tools make me pass a challenge?
No. They help you see your limits and size trades sensibly. Passing depends on your trading and on your firm's rules.
Are the tools free?
Yes, the tools on MarkIQ SI are free to use.
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Our team will answer your questions and guide you through your first steps, in class or online.