Real-Time Prop Firm Risk Management Across All Your Accounts
Managing multiple prop firm challenges and funded accounts simultaneously means juggling different rules, profit targets, and strict drawdown limits. When you are focused on chart analysis and executing trades across several MetaTrader terminals, it is easy to lose track of cumulative exposure, leading to accidental rule breaches and lost accounts.
DeckLive solves this challenge with a real-time multi-account dashboard built specifically for traders running prop firm and personal broker accounts on MT4 and MT5. By tracking your balance, equity, floating P&L, and drawdown live on one screen, DeckLive provides the oversight you need to protect your capital and pass your evaluations.
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 Firms and Personal Brokers
Traders often manage a mix of accounts across different prop firms alongside their personal broker accounts. Switching between dozens of MetaTrader terminals or logging into separate web portals wastes precious time during volatile market sessions.
DeckLive brings all your MT4 and MT5 accounts together onto a single, clean screen. You can monitor your overall trading operation at a glance, viewing live updates for balance, equity, and floating profit and loss without cluttering your desktop.
Zero Installation Setup via Secure Investor Passwords
Traditional multi-account tools often require complex setups, virtual private servers, custom Expert Advisors, or the installation of multiple MetaTrader desktop instances. This creates points of failure and security concerns.
DeckLive is entirely cloud-hosted and connects directly to your brokers using your read-only investor password. There is no VPS required, no MT5 installation needed, and no EAs to attach to your charts, ensuring a fast and secure connection.
Live Monitoring of Critical Drawdown Limits
A single moment of inattention regarding your daily drawdown or total drawdown can result in an instant account breach and a failed challenge. Keeping mental calculations of your limits while managing open trades is an unnecessary risk.
DeckLive updates every few seconds via WebSocket, feeding live data straight to your dashboard. You always know your exact standing regarding daily limits, max drawdown, and distance from your profit targets.
Early Telegram and Email Alerts Before Breaches Happen
Waiting until a drawdown limit is hit is too late. Professional prop firm risk management requires proactive warnings so you can adjust your position sizing or close trades before disaster strikes.
DeckLive pre-loads the specific rules for your prop firm, including Daily DD, Max or Total DD, and Profit Targets per account. The system actively monitors your thresholds and sends immediate Telegram and email alerts before a limit is breached.
Independent Multi-Language Platform Built for Traders
Navigating complex dashboards in an unfamiliar language adds friction to your trading routine. Furthermore, traders need assurance that their risk management tool remains objective and focused entirely on portfolio oversight.
DeckLive operates as an independent platform with no affiliation to any prop firm or MetaQuotes. The user interface is fully available in English, Portuguese, and Spanish, backed by a 7-day free trial that supports up to three accounts.
Frequently asked questions
What is prop firm risk management and why is it important?
Prop firm risk management involves monitoring metrics like Daily Drawdown, Max Drawdown, and profit targets to ensure you stay within the strict rules set by funded account providers. It is essential because violating a single drawdown limit will cause you to fail a challenge or lose a funded account instantly.
How does DeckLive connect to my MT4 and MT5 accounts?
DeckLive connects securely using your broker's investor password, which provides read-only access to your account data. Because it operates via the cloud, you do not need to install MT5, rent a VPS, or run any Expert Advisors on your trading platforms.
What kind of alerts does DeckLive send?
DeckLive sends automated alerts via Telegram and email. These notifications are triggered before a limit is breached, giving you advanced warning regarding your Daily DD, Max DD, and prop firm specific rules.
Is DeckLive affiliated with any prop firms or MetaQuotes?
No. DeckLive is an independent monitoring tool and is not affiliated with, endorsed by, or partnered with any prop firm, broker, or MetaQuotes.
How can I test DeckLive and what languages are supported?
You can test the platform using the 7-day free trial, which supports up to three accounts. The user interface is fully available in English, Portuguese (PT/BR), and Spanish.
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.