Description
Prop Firm Control Free is a read-only, real-time risk monitor for prop-firm and
funded traders. It docks inside cTrader as a resizable panel and shows exactly
how close you are to every prop-firm limit, the way the firms measure it - and it
never places, modifies or closes a single order.
It is a complete tool on its own, not a time-limited trial: install it, set your
firm's rules once, and keep one eye on risk while you trade as usual.
NEW IN v1.1
- Safe Loss Left: the single number that actually ends your challenge - the
smaller of your daily-loss and max-drawdown room - with the rule that binds and
the equity level where you are out.
- On-Track-to-Get-Paid scorecard: one green/amber/red verdict that names what is
blocking your payout.
- Consistency governor: the most you can book today without voiding a payout.
- Rule reconciliation: it re-derives the broker's numbers and proves they match
to the cent.
- A trailing max-loss projector, a post-loss cool-off timer and a protect-a-
green-day nudge.
WHAT IT DOES
- Safe Loss Left: the binding limit, which rule binds, and the equity level where
you are out.
- Daily loss, Max loss and Profit-target progress as live, color-coded gauges
(green to amber to red as you near each limit).
- Today's permitted loss, Max permitted loss and Today's profit - your real
remaining buffers, measured from current equity the way the firms do it.
- An On-Track-to-Get-Paid scorecard and a consistency governor, so you know if
you are on course for a payout and what is in the way.
- A projection of how many trading days until you reach the target or your next
payout, at your recent pace.
- Live exposure: every open position with entry, stop loss and take profit (shown
as price, pips or money), the applied reward-to-risk, hold time, swap,
commission and net.
- Guardrails that protect you from yourself: warnings for any position with no
stop loss, for losing streaks and for overtrading, plus a cool-off timer and a
protect-a-green-day nudge.
- Independent reconciliation that re-derives your broker's numbers to the cent.
- Margin and stop-out monitoring, plus a London / New York / Tokyo session clock.
HOW IT INTEGRATES INTO YOUR WORKFLOW
Open Automate, Plugins, Prop Firm Control Free. It docks as a resizable tab beside
your charts and reads the connected account automatically - no chart, no trade
setup, no coding. It refreshes every second and shows everything in your account
currency and your chosen timezone, organised into Risk, Compliance and Settings
tabs.
KEY SETTINGS AND PARAMETERS
- Firm preset (FTMO Challenge, Verification, Funded) or fully Custom for any other
firm.
- Challenge phase (Phase 1, Phase 2, Funded).
- Initial balance (auto-detected or set manually).
- Daily loss: limit, reference (day-start balance, equity, or the higher of
both), include-floating, reset hour and timezone.
- Max loss: limit and drawdown mode (static, trailing, or trailing locked at the
initial balance).
- Profit / payout target, minimum trading days and consistency cap.
- Cool-off minutes after a loss streak.
TYPICAL USE CASES
- Staying within the daily and maximum loss while you take a challenge.
- Knowing instantly the one limit that binds and how much you can still lose
before a breach.
- Seeing whether you are on track to get paid - and what is blocking it.
- Catching a no-stop-loss position or a loss streak before it ends your account.
WHO IT IS BEST SUITED FOR
Prop-firm and funded traders on cTrader (FTMO and similar firms), trading manually
or with bots, on any account size and experience level. No programming required.
WANT MORE
The Premium edition adds a full performance analyzer - 16 KPIs (win rate, profit
factor, Sharpe per trade, expectancy, max drawdown, recovery factor, average R:R
and more), an equity curve, a monthly P/L calendar, by-asset and by-hour
breakdowns and a complete trade history, all cross-filterable - plus email, sound
and popup alerts on every breach, warning, near stop-out, loss streak and target
reached.
IMPORTANT NOTES
- Read-only by design: this is a Plugin. It cannot open, modify or close orders -
it only reads and displays your account.
- Prop-firm names are referenced for rule compatibility only. This product is
independent and is not affiliated with or endorsed by any prop firm. Educational
tool - not financial advice.
Summary
The plugin also monitors live exposure by detailing open positions with entry, stop loss, take profit, reward-to-risk ratios, and associated costs like swaps and commissions. Guardrails alert users to risky behaviors such as positions without stop losses, losing streaks, and overtrading, complemented by a cool-off timer and protective nudges. It independently reconciles broker data to ensure accuracy and includes margin and stop-out monitoring alongside a session clock for major trading centers.
Users configure the plugin by selecting firm presets or custom rules, setting challenge phases, initial balances, loss limits, profit targets, and other parameters. It operates automatically without requiring coding or trade setup, refreshing every second and displaying all data in the user’s account currency and timezone. The plugin does not execute trades and serves solely as a compliance and risk visualization tool for manual or automated trading on funded accounts.
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