The Ultimate Real-Time MT4 Drawdown Monitor
Managing multiple prop firm challenges is difficult when you rely on delayed broker reports or manual spreadsheets. Most trading journals only show you historical data after a trade is closed, leaving you blind to the live risks that could lead to an account breach.
DeckLive provides a real-time MT4 drawdown monitor that tracks your equity and floating P&L tick-by-tick. By connecting your accounts via an investor password, our cloud-hosted dashboard keeps you informed of your status across all your funded and personal accounts in one single view.
Why not just use your prop firm's own dashboard?
- All your accounts on one screen, not one at a time
- Live updates every few seconds, not a manual refresh
- Telegram and email alerts before you breach a limit
- Each prop firm's rules (Daily DD, Max DD, Profit Target) pre-configured per account
Live Monitoring Without the Complexity
Forget the need for a VPS, complex MT5 installations, or running Expert Advisors (EAs) on your local machine. DeckLive operates entirely in the cloud, ensuring your monitoring remains uninterrupted regardless of your local internet connection or computer status.
By using your broker's investor password, our system maintains a read-only connection to your MT4 accounts. This ensures that your trading environment remains secure and lightweight while our servers handle the data processing via WebSocket for near-instant updates.
Prevent Breaches with Proactive Alerts
The most critical moment for any prop firm trader is staying within the defined risk parameters. DeckLive pre-loads your specific prop firm rules, including Daily Drawdown, Max Drawdown, and Profit Targets, directly into the dashboard.
Our system sends automated Telegram and email alerts the moment your account approaches a risk threshold. This proactive approach gives you the time to adjust your strategy or close positions before you hit a hard limit and lose your funded account.
Unified Dashboard for Multiple Accounts
Managing a portfolio of prop firm and personal broker accounts is simplified through our centralized interface. You can view the balance, equity, floating P&L, and current drawdown for every connected account on one screen.
Whether you are balancing multiple challenge phases or managing several funded accounts simultaneously, DeckLive consolidates your performance data. This clarity allows you to make better-informed trading decisions across your entire portfolio.
Independent and Secure Infrastructure
DeckLive is an independent platform and is not affiliated with any specific prop firm or MetaQuotes. We prioritize your privacy and security by utilizing read-only investor credentials, ensuring that our service cannot execute trades or modify your account settings.
Our infrastructure is designed for traders who value reliability. By removing the need for local software, we eliminate the common points of failure that often lead to missed alerts or delayed data reporting during high-volatility market sessions.
Multi-Language Support and Accessibility
We understand that professional traders operate globally. To ensure the best user experience, the DeckLive dashboard is fully available in English, Portuguese (PT/BR), and Spanish.
Getting started is straightforward with our 7-day free trial, which allows you to connect up to three accounts. Experience the difference of a live, cloud-based monitoring solution that puts your risk management first.
Frequently asked questions
How does DeckLive monitor my accounts without an EA?
DeckLive uses your broker's investor password to establish a secure, read-only connection to your MT4 account. Because it is cloud-hosted, there is no need to install any software or EAs on your computer or VPS.
Can I track both prop firm and personal broker accounts?
Yes. The dashboard is designed to handle a mix of prop firm challenges and personal MT4 broker accounts, displaying all relevant metrics like equity and drawdown in one convenient location.
How quickly does the dashboard update?
Our system updates your account data every few seconds via WebSocket. This ensures that your floating P&L and drawdown metrics are as close to real-time as possible, providing a significant advantage over standard broker platforms.
Will I receive notifications before a drawdown limit is reached?
Yes. DeckLive is designed to be proactive. You will receive Telegram and email alerts as you approach your pre-defined Daily or Max drawdown limits, allowing you to take action before a breach occurs.
Is DeckLive affiliated with my prop firm?
No, DeckLive is a completely independent service provider. We are not affiliated with any prop firm or MetaQuotes, ensuring that our monitoring tools remain neutral and focused solely on your risk management needs.
Data sources
The rules and limits cited on this page come from the official rules published by each prop firm (FTMO, FundedNext, The5ers, Funding Pips, The Funded Trader, E8, Topstep, Apex) and from the MetaTrader 4 and 5 platform documentation. The equity, balance, P&L and drawdown values shown in DeckLive are read in real time directly from your MT4/MT5 account — they are not estimates.