The Ultimate Real-Time MT5 Drawdown Monitor for Traders
Managing multiple prop firm challenges and personal broker accounts is a logistical challenge. Most traders rely on post-trade journals or manual checks, which often leads to missing critical limit breaches until it is too late to save a funded account.
DeckLive provides a real-time MT5 drawdown monitor designed to keep your accounts safe. By connecting via your investor password, our cloud-hosted dashboard tracks your balance, equity, and floating P&L tick-by-tick, ensuring you are always informed of your standing against firm rules.
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
Unified Dashboard for Prop Firm and Personal Accounts
DeckLive acts as a centralized command center for all your trading activity. Whether you are managing multiple funded accounts or personal MT4/MT5 broker accounts, you can view your entire portfolio on a single screen.
The interface is fully cloud-hosted, meaning there is no need to install MT5 software or run a VPS. We provide a seamless experience that allows you to monitor your performance across different brokers and prop firms without the clutter of multiple terminals.
Instant Telegram and Email Alerts
The core of our platform is the proactive alert system. DeckLive pre-loads the specific rules of your prop firm, including Daily Drawdown, Max Drawdown, and Profit Targets, to ensure you are never caught off guard.
Our system monitors your accounts via WebSocket, updating every few seconds. If your equity approaches a drawdown limit, you receive an instant notification via Telegram or email. This allows you to adjust your risk management strategy before a breach occurs.
Secure Connection via Investor Password
Security is our priority. DeckLive connects to your trading accounts using only your broker investor password, which provides read-only access. This ensures that our platform can track your data without having the ability to execute trades or modify account settings.
Because we do not require an EA (Expert Advisor) or any local software installation, your trading environment remains clean and undisturbed. You maintain full control over your accounts while benefiting from professional-grade monitoring.
Built for Global Traders
We understand that the prop trading community is global. To accommodate our users, the DeckLive interface is fully localized in English, Portuguese (PT/BR), and Spanish.
Our platform is completely independent and is not affiliated with any specific prop firm or MetaQuotes. We focus solely on providing an objective, reliable monitoring tool that works for any trader regardless of which broker or firm they choose to partner with.
Get Started with a 7-Day Free Trial
Experience the peace of mind that comes with real-time risk monitoring. We offer a 7-day free trial that allows you to connect up to three accounts and test the full capabilities of our dashboard.
Setting up your account takes only a few minutes. Once connected, you can immediately start tracking your drawdown levels and profit targets, ensuring you stay within the rules of your funded challenges at all times.
Frequently asked questions
How does DeckLive connect to my MT5 account?
DeckLive connects using your broker investor password. This is a read-only password that allows our system to pull your account data, such as balance, equity, and floating P&L, without granting permission to execute trades.
Do I need to install any software or a VPS?
No. DeckLive is entirely cloud-hosted. There is no need to install MT5, run an Expert Advisor (EA), or maintain a VPS. Simply provide your investor credentials, and your dashboard will be ready to monitor your accounts.
Can DeckLive monitor both prop firm and personal accounts?
Yes. Our dashboard is designed to handle a mix of prop firm funded accounts, challenge accounts, and personal broker accounts on one screen, regardless of the broker being used.
What specific limits does the monitor track?
DeckLive tracks your Daily Drawdown, Max/Total Drawdown, and Profit Targets. These are pre-loaded for each account, and the system monitors them in real-time to send alerts before you breach a limit.
Is DeckLive affiliated with MetaQuotes or specific prop firms?
No. DeckLive is an independent monitoring platform. We are not affiliated with MetaQuotes, nor are we tied to any specific prop firm. We provide an unbiased tool for all traders.
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.