Free Trading Tools
Calculate risk, position size, and more for prop firm trading.
Drawdown
See your daily loss and max drawdown floors for static, trailing and EOD rules.
Position Size
Turn your risk % and stop loss into lots or contracts.
Profit Target
Find the daily profit and number of trades you need to pass.
Consistency
Check your best day against a 30%, 40% or 50% consistency rule.
Payout
Estimate your payout after the profit split and the challenge fee.
Risk/Reward
Get your R:R ratio, break-even win rate and dollar risk.
Why prop traders need different calculators
A funded challenge is not a normal trading account. A daily loss limit, a trailing drawdown or a consistency rule can end the account long before your balance runs out. These tools are built around those rules, so you can check where your limits sit before you place a trade, size positions to survive a losing streak, and judge whether a challenge price and profit split make sense.
All three are free, run in your browser and need no sign-up. When you are ready to pick a firm, use our rules database or side-by-side comparison.
Find the right challenge
Compare prices, rules, profit splits and payouts across top prop firms.
Compare prop firmsHow to use these calculators in a challenge
Most failed challenges come down to position size and loss limits, not strategy. Use the calculators in this order before your first trade:
- Work out your daily and overall loss floor with the drawdown calculator.
- Decide your risk per trade, then convert it to lots or contracts with the position size calculator.
- Check whether your win rate and reward-to-risk can reach the target with the risk/reward calculator and profit target calculator.
- If your firm has a consistency rule, test your best day with the consistency calculator.
- Estimate what you take home after the split with the profit calculator.
Calculator FAQ
Are the calculators free?
Yes. They run in your browser, need no sign-up and store nothing.
Do they work for futures and forex?
Yes. The position size calculator handles forex lots and futures contracts; the others work with any account in dollars.
Do the results match my firm's rules exactly?
They use the standard formulas. Firms differ on details such as balance vs equity and reset times, so check your firm's rules in our rules database and on its own site.