Know your limits before the next trade
Check daily loss headroom, static or trailing drawdown and the budget remaining for another trade. Use this free prop firm calculator with your current equity and programme rules to plan risk, profit targets and optional best-day consistency checks.
Enter your account snapshot. Verify every programme rule.
Scroll inside the calculator for results and advanced settings.
Need help? Read the stepsSnapshot planning estimate only. Match the current rules, reset references, qualifying high and breach boundaries in your firm’s dashboard. No account connection, automatic resets or historical breach detection. A target result does not confirm that a challenge has passed.
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Start with your firm’s dashboard and current account terms.
Choose a template or custom settings. Verify the daily allowance, reset anchor, drawdown model and exact breach boundaries.
Add initial balance, current balance and equity. Enter the relevant daily reset figures and qualifying historical high for a trailing rule.
Add a planning buffer, further loss from current equity to existing stops, and additional future costs. Enter the proposed next-trade risk.
Check the tighter loss floor, remaining risk budget and projected equity. Optionally add a closed-profit target and best-day consistency check.
Use actual starting balance. A buying-power account label can differ from the balance used by a programme. Enter all amounts in the selected currency; changing the currency code relabels the figures and does not convert them.
A prop firm risk calculator turns each enabled loss rule into an equity floor. Current equity minus that floor gives the remaining loss headroom. When daily and overall limits are both enabled, the higher floor is the tighter constraint.
The tool subtracts your planning buffer, additional existing-stop risk and extra cost reserve from that tighter headroom. What remains is a ceiling for additional trade risk under the entered snapshot, rather than a recommended amount to risk.
Current balance includes closed P&L and booked costs. Equity also includes floating P&L. The calculator uses equity for its loss checks and closed balance for the profit target. A current breach or an earlier breach you report sets the additional budget to zero.
Headroom = Equity − Tighter floor
Assume a $100,000 initial balance, $102,000 current balance and $101,500 equity. The daily rule anchors to a $101,000 reset balance and allows 5% of initial balance, giving a $96,000 floor. A static 10% overall allowance gives a $90,000 floor.
A proposed $500 new-trade loss gives projected equity of $101,500 − $500 existing risk − $50 costs − $500 new risk = $100,450. That leaves $4,450 above the $96,000 floor, including the retained buffer.
With a 10% closed-profit target, the target balance is $110,000. At a current balance of $102,000, another $8,000 of closed profit is needed before considering any separate consistency requirement.
A trading drawdown calculator needs the right reference, allowance and breach boundary.
| Method | Reference | How the floor is determined |
|---|---|---|
| Static overall | Initial balance | Initial balance minus the entered loss allowance |
| Daily loss | Selected reset anchor | Reset anchor minus the daily allowance, or an entered dashboard floor |
| End-of-day trailing | Highest qualifying closing balance | Entered historical high minus the allowance, with an optional maximum floor |
| Intraday trailing | Highest qualifying equity or balance | Selected historical high minus the allowance, with an optional maximum floor |
| Manual floor | Firm dashboard | Uses the daily or overall equity floor you enter directly |
The allowance can be a fixed cash amount or a percentage of the selected base. For a trailing percentage, verify whether the allowance is based on initial balance or the high-water mark. The historical high must be entered; it cannot be reconstructed from current equity alone.
A daily drawdown calculator needs the firm’s actual session-reset figures. This tool can anchor the daily floor to reset balance, reset equity, the higher of those two values or initial balance. The daily percentage can use a separately selected base.
Enter the reset snapshot your programme specifies, rather than assuming your local midnight applies. The tool does not reset the reference automatically. Open positions may still carry risk when a new daily floor takes effect.
As a trailing drawdown calculator, it also distinguishes qualifying end-of-day balance highs from intraday equity or balance highs. An intraday profit does not automatically become an end-of-day qualifying high. Update the input only as the programme requires.
$100,000 initial balance
$104,000 qualifying high
The prop firm profit target calculator adds a percentage of initial balance or a fixed profit amount to initial balance. It compares that target with current closed balance; floating profit is not counted as closed target progress.
An optional consistency check compares best-day profit with either net closed profit or the sum of profitable days’ P&L. For a net-profit rule, the required profit objective can increase when the best day requires a higher total. Positive-days checks remain separate.
For example, under an inclusive 50% best-day rule with a $3,000 best day, the relevant profit denominator must be at least $6,000. A strictly-below rule requires more than $6,000. These estimates assume the best day stays unchanged.
Target balance = Initial + Target profit
A prop trading calculator can test a snapshot; it cannot certify account compliance.
Floating losses and charged costs already belong in current equity. Existing-stop risk means only the further loss from current prices to those stops. Add future costs separately. The planning buffer is headroom you intend to retain.
Some rules breach below a floor; others breach at or below it. At the floor, no further loss room remains even when equality is allowed. Report a known earlier breach: recovering equity does not erase it.
Use this funded account calculator only where the entered equity-floor rules fit. Named templates are editable starting points, not automatic updates. Confirm the firm’s current dashboard, session rules and account phase; position limits, news restrictions and payout conditions are not checked.
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Understand daily loss limits, trailing floors, additional risk budgets, profit targets and consistency.
Created by VIP Algos for educational trade planning. Your firm’s current dashboard and programme terms remain the reference for account status and compliance.
Yes. The tool is free to use without registration, a download or connecting your trading account. VIP Algos premium indicators are optional and separate from this calculator.
It calculates the equity floors for the loss rules you enable and the headroom between current equity and each floor. It uses the tighter floor to estimate a ceiling for additional risk after your reserves. This differs from simply measuring a percentage decline from a peak.
Balance reflects closed trades and booked charges. Equity also reflects floating profit or loss. This tool checks losses against equity and targets against closed balance. Use the actual figures and accounting treatment monitored by your firm.
A daily floor is the selected reset anchor minus the daily allowance, unless you enter a dashboard floor directly. The anchor and percentage base can differ. Use the firm’s actual reset reference and update it when required; the calculator does not perform automatic resets.
That depends on the selected rule. An intraday equity trail can follow a qualifying unrealised equity high. An intraday balance trail follows closed balance highs, while an end-of-day trail uses qualifying closing balances. Enter the correct historical high for the chosen method.
Yes. Daily and overall rules each have a manual dashboard-floor option. This is useful when a reset, withdrawal or special adjustment makes a simple formula unsuitable. Update equity and reserves as well. Target and net-consistency calculations still assume a period without cash flows.
The result is a planning ceiling after the entered buffer, existing-stop risk and future cost reserve. It is not a risk recommendation or a guarantee of stop execution. With a touch-breach rule and no buffer, risk may need to remain strictly below the displayed ceiling.
Enter only the additional loss from current equity if existing positions reach their stops. Do not add entry-to-current floating losses again because they are already in equity. Also avoid adding charges already deducted from the account as future costs.
It counts whole losses of the proposed fixed amount that fit the current budget after existing reserves, respecting the breach boundary. Floors and the cash loss amount stay constant. It is not a pass probability or a simulation of future resets, profits or changing trailing highs.
Yes, where the account’s loss rules can be represented by the selected equity floors and inputs. Use actual starting balance rather than assuming a buying-power label is the same figure. Payout rules, deposits, withdrawals and reward resets are not automatically reconciled.
A percentage or fixed profit amount is added to initial balance to form the target balance. The gap uses current closed balance. With an enabled net-profit consistency rule, a large best day can raise the required objective. Floating profit alone does not close the target gap.
It compares your best day with the selected profit basis: net closed profit or the sum of profitable days. Choose whether equality is allowed. Further-profit estimates assume the best day remains unchanged. Extra profit earned on that same day can change the requirement.
No. It indicates that the entered loss scenario fits the selected floors and buffer at the current snapshot. Previous breaches, minimum-day requirements, news restrictions, trading-style rules and payout conditions are not verified. Check final status with the firm.
The embedded tool includes editable named templates for specified programmes and phases, with official reference links. They are not automatically updated. Match every setting to your current account terms or use custom rules. VIP Algos is independent of the named firms.
No. The currency field changes the labels only. Enter balance, equity, floors, risk, costs and targets consistently in that currency. The calculator does not fetch exchange rates or convert the amounts.
Check the limits before planning another trade.Enter your current equity, account rules and risk reserves to calculate.
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