Prop Firm Challenge Calculator
How much room you have left before hitting your target — or breaking a rule. Enter your balance, we do the math.
Start-of-day balance is used to calculate your remaining daily loss room — most prop firms reset it every trading day.
Then journal every trade and track your real risk in PipBook.
Try PipBook for freeFrequently asked questions
How is max daily loss calculated?+
Most prop firms (FTMO, FundedNext, The5ers...) calculate max daily loss from your start-of-day balance, not your highest balance during the day. This calculator uses that default rule — always check your firm's exact terms.
Max total loss: from starting capital or highest balance reached?+
It depends on the firm. Some (static) calculate from your starting capital, others (trailing) from the highest balance you've ever reached. This calculator uses static mode — the most common on FTMO and FundedNext.
Can I track my challenge live once I've passed it?+
You can create a challenge in PipBook and compare its objectives with your recorded-trade statistics. A daily loss limit alert is available in your trading settings.