Monitor Every Trailing Drawdown Prop Firm Metric in Real-Time
Managing multiple funded accounts often leads to fragmented oversight. Traders frequently struggle to calculate their exact standing against complex rules, especially when juggling different platforms, leading to accidental breaches of a trailing drawdown prop firm limit.
DeckLive provides a centralized, cloud-hosted dashboard that aggregates your MT4 and MT5 accounts into one view. By using your investor password, we track your balance, equity, and drawdown tick-by-tick, ensuring you stay informed before a limit is ever reached.
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
How Trailing Drawdown Works
A trailing drawdown typically tracks your account's high-water mark, meaning the limit moves up as your equity increases. This mechanic is designed to protect the firm's capital, but it creates a moving target that is difficult for traders to calculate manually while executing trades.
Because the drawdown level changes based on your floating P&L or closed equity, manual tracking is prone to human error. DeckLive automates this process by pulling data directly via your broker's investor password, calculating your proximity to these limits in real-time.
Real-Time Tracking Without the Hassle
Traditional monitoring often requires keeping multiple MetaTrader terminals open or relying on unreliable third-party plugins. DeckLive changes this by operating entirely in the cloud, removing the need for a VPS, MT5 installations, or dangerous EAs.
Once you connect your accounts using a read-only investor password, our WebSocket-based system refreshes your data every few seconds. You get a clear, consolidated view of your balance, equity, and floating P&L across all your prop firm and personal accounts on a single screen.
Proactive Alert System
The most effective way to avoid a breach is to know your status before you hit the limit. DeckLive pre-loads the specific rules for your prop firm challenges, including Daily DD, Max/Total DD, and Profit Targets.
When your account approaches a critical threshold, our system sends automated alerts via Telegram and email. This early warning system allows you to adjust your risk management strategy before a potential violation occurs, keeping your funded account safe.
Multi-Account Management Simplified
Traders managing a portfolio of funded accounts often face the challenge of switching between different broker logins. DeckLive eliminates this friction by allowing you to monitor all your accounts simultaneously, regardless of the broker or the prop firm provider.
Our dashboard is designed to be intuitive and accessible in English, Portuguese (PT/BR), and Spanish. Whether you are scaling your capital or testing new strategies, having a unified view of your total drawdown exposure is essential for professional risk management.
Independent and Secure Monitoring
DeckLive is an independent platform and is not affiliated with any specific prop firm or MetaQuotes. Our priority is providing traders with objective, accurate data to help them maintain their accounts and pass their challenge phases.
Security is at the core of our architecture. By utilizing the investor password, we maintain a read-only connection that ensures we can monitor your performance without having the ability to execute trades or access your funds. Your data remains private and strictly for your oversight.
Frequently asked questions
How does DeckLive connect to my trading accounts?
DeckLive connects to your MT4 or MT5 accounts using your investor password. This is a read-only password provided by your broker that allows us to view your account data without granting us permission to place or modify trades.
Do I need to install any software or EAs?
No. DeckLive is a cloud-hosted dashboard. You do not need to install MT5, run an EA on your terminal, or maintain a VPS. Simply provide your investor credentials, and our system handles the data processing.
Can I track different prop firm rules for each account?
Yes. DeckLive allows you to pre-load specific rules for each account, including Daily Drawdown, Max Drawdown, and Profit Targets. The system tracks these metrics individually for every account connected to your dashboard.
How often does the dashboard update?
Our system uses WebSockets to ensure your dashboard updates every few seconds. This provides a near-instant view of your current balance, equity, and floating P&L, ensuring you have the most up-to-date information during volatile market conditions.
Is there a trial period available?
Yes, we offer a 7-day free trial that allows you to connect up to 3 accounts. This gives you the opportunity to test our real-time tracking and alert system across your funded accounts before committing.
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.