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Drawdown Calculator for Prop Firm Traders

Many traders fail prop firm challenges not because they can't trade profitably — but because they breach their drawdown limits without realizing how close they are. This free calculator gives you real-time clarity on exactly where you stand.

Free · Real-time status · All major prop firms

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Understanding Prop Firm Drawdown Rules

Almost every prop firm has two drawdown limits that traders must respect at all times:

Daily Drawdown Limit

The maximum loss you're allowed to take in a single trading day. Typically 4–5% of account size. Reset at the end of each day.

Max Drawdown Limit

The total maximum loss allowed from your starting balance. Typically 8–12%. Once breached, the account is terminated.

Breaching either of these limits — even temporarily, even by a single dollar — means losing your challenge or funded account. That's why tracking drawdown in real time matters.

What the Calculator Tracks

Daily drawdown usedHow much of your daily limit you've consumed based on today's P&L.
Max drawdown usedHow much of your total limit is used based on overall P&L since account start.
Remaining capacityHow much you can still lose today and in total before breaching limits.
Account statusSafe · Caution · Danger Zone · Limit Breached — updated in real time as you enter your P&L.

Account Status Levels

✅ SafeYou're well within your limits. Trade normally.
⚡ CautionYou've used over 50% of a limit. Be selective with new trades.
⚠️ Danger ZoneOver 80% of daily or 70% of max used. Consider stopping for the day.
🚨 Limit BreachedYou've exceeded a limit. Stop trading immediately.

Check Your Drawdown Status Now

Free, instant, no login required. Know exactly where you stand before the next trade.

Open the Drawdown Calculator →