Prop Firm Risk Manager PROMT5 Risk Manager for Prop Firm Challenges & Funded Accounts
Monitor daily and total drawdown, check risk before orders go out, and plan around high-impact news — all from your MetaTrader 5 chart.
One-time purchase on the official MQL5 Market. Price as listed: USD 30 · Requires MetaTrader 5.
Why prop firm traders need a risk layer
One oversized trade, one forgotten news release or a miscalculated daily loss limit can end a challenge. This tool puts your rules in front of you before and while you trade.
Drawdown monitoring
Track daily and total drawdown against configurable limits, with alerts, trading locks and optional close actions.
Pre-trade risk checks
Orders placed through the tool are checked for stop-loss, single-trade risk and remaining drawdown headroom first.
News time blocks
Use manual windows or the MT5 economic calendar to restrict trading around events by currency and impact.
Prop firm presets
Starting profiles for FTMO, FundingPips, The5ers, FundedNext, E8 plus a fully custom rule set.
Manual trade guard
Manual and external-EA activity can be checked and handled after it appears, based on your scope settings.
On-chart analytics
Performance statistics, challenge progress, an in-chart economic calendar and an audit log.
Built around how challenges actually fail
- Daily loss limit breached by stacked open positions
- Total drawdown creeping up unnoticed
- Trades opened without a stop-loss
- Positions held through high-impact news
- Weekend and overnight exposure
Configure it to your account rules
Presets are a starting point. Verify every setting against your own account’s current rules, then fine-tune sessions, risk gates, action levels and more.
Add a risk layer to your MT5 workflow
Secure checkout, instant download and updates through the official MQL5 Market.
No profit or challenge-pass guarantees. This is a risk-management utility, not a trading signal service.