Track your FTMO daily drawdown limit in real time. Pre-configured for FTMO's 5% daily loss rule on Challenge and Verification accounts.
FTMO is one of the most reputable prop trading firms. Their rules are strict but clear. Understanding them thoroughly is the difference between keeping your funded account and losing it.
FTMO Rule Summary
The Most Common FTMO Failure Reasons
1. Revenge trading after morning losses 2. Ignoring floating P&L on open positions 3. Trading through high-impact news events 4. Not knowing the CET reset time for their timezone 5. Increasing size after profits to hit targets faster
FTMO Scaling Plan
After passing and getting funded, FTMO offers a scaling plan. Hit 10% profit over 4 months with consistent results and your account size increases by 25%. A $100k account can grow to $200k, then $400k over time — with the same 5% daily rule throughout.
Prop Firm Challenge
A paid evaluation where traders prove they can hit a profit target while respecting drawdown limits — passing earns a funded account.
Daily Drawdown
The maximum percentage or dollar loss allowed within a single trading day — a hard limit used by most prop firms to prevent catastrophic single-day losses.
Trailing Drawdown
A drawdown limit that follows your account's highest equity point upward but never moves down — making your floor progressively tighter as profits grow.
Profit Target
The percentage gain required to pass a prop firm evaluation phase — typically 8–10% for Phase 1 and 4–5% for Phase 2.
FTMO allows a maximum daily loss of 5% of your account balance. On a $100,000 account, you cannot lose more than $5,000 in a single trading day. This applies to both the Challenge and Verification phases.
FTMO resets the daily drawdown at midnight Central European Time (CET). If you're in New York (EST), that's 6 PM. In London (GMT), it's 11 PM. In Singapore (SGT), it's 7 AM.
FTMO uses equity-based drawdown — your real-time account value including all open floating P&L. If your open positions are showing a $5,000 floating loss on a $100k account, you have already hit the limit even without closing trades.
FTMO offers accounts of $10,000, $25,000, $50,000, $100,000, $200,000, and up to $2,000,000 through scaling. The 5% daily limit applies to all sizes.
MyFundedFX Calc
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Topstep Calculator
Track your Topstep daily drawdown limit. Pre-configured for Topstep's trailing drawdown structure used in the Trading Combine.
Daily Drawdown
Track your prop firm daily drawdown limit in real time. Avoid breaching account rules with this FTMO, MyFundedFX, and Topstep-compatible calculator.