The Real-Time Edgewonk Alternative for Funded Traders
Managing multiple funded accounts across different prop firms is a logistical challenge. Most traders struggle to keep track of varying daily drawdown limits and profit targets, often relying on manual spreadsheets or retrospective trading journals that do not provide live monitoring.
DeckLive serves as a powerful Edgewonk alternative, specifically designed for real-time oversight. Instead of reviewing past performance, our cloud-hosted dashboard allows you to monitor your balance, equity, and floating P&L across all your MT4 and MT5 accounts on a single screen.
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 vs. Trading Journals
While Edgewonk is an excellent tool for post-trade analysis and psychological journaling, it is not designed for live account monitoring. DeckLive focuses on the 'now' by connecting directly to your broker accounts via an investor password. This allows you to see your current standing without needing to install MT5 or run an EA.
Because DeckLive is cloud-hosted, you do not need to keep a VPS running to track your stats. The dashboard updates every few seconds via WebSocket, ensuring that your view of your floating drawdown is always current and accurate.
Prop Firm Rule Management
Prop firm challenges come with strict rules regarding Daily Drawdown, Max Drawdown, and Profit Targets. Failing to adhere to these can result in an instant account breach. DeckLive pre-loads these specific rules for your accounts to ensure you are always aware of your proximity to a limit.
By monitoring these thresholds in real-time, you can manage your risk more effectively. DeckLive provides proactive protection by sending Telegram and email alerts before you hit a critical drawdown level, giving you the chance to adjust your trading strategy before a breach occurs.
Seamless Multi-Account Integration
Traders often manage a mix of prop firm accounts and personal broker accounts simultaneously. Manually logging into each platform is inefficient and prone to error. DeckLive consolidates all these connections into one unified interface, allowing you to switch between accounts effortlessly.
Our platform supports both MT4 and MT5 accounts. By using your read-only investor password, you maintain security while gaining a high-level view of your entire portfolio. This is the ideal solution for traders who need to monitor multiple challenges at once.
Independent and Secure Access
DeckLive is an independent platform and is not affiliated with any specific prop firm or MetaQuotes. We prioritize your privacy and security by requiring only the investor password for connection, which ensures read-only access to your account data.
Our dashboard is available in English, Portuguese (PT/BR), and Spanish to support a global community of traders. We believe in transparency and provide a 7-day free trial, allowing you to connect up to three accounts and experience the benefits of real-time monitoring firsthand.
Why Choose DeckLive for Your Challenges
Passing a prop firm challenge requires discipline and constant vigilance regarding your equity levels. Relying on the broker's platform alone can lead to missed warnings, especially when managing multiple accounts across different firms.
DeckLive bridges this gap by providing a professional-grade monitoring solution. With automated alerts and a clean, responsive UI, you can focus on executing your strategy rather than calculating your remaining drawdown or distance to the next profit target.
Frequently asked questions
Is DeckLive a trading journal like Edgewonk?
No. While Edgewonk is designed for detailed post-trade journaling and performance analysis, DeckLive is a real-time dashboard focused on live account monitoring, drawdown tracking, and automated alerts for prop firm traders.
Do I need to install software to use DeckLive?
No. DeckLive is entirely cloud-hosted. You do not need to install MT5 or run any Expert Advisors (EA) on your trading terminals. You simply connect your accounts using your broker's investor password.
How does DeckLive alert me to potential rule breaches?
DeckLive monitors your Daily Drawdown, Max Drawdown, and Profit Targets in real-time. If your account approaches a predefined limit, the system automatically sends you an alert via Telegram and email before a breach occurs.
Is my account data safe with read-only access?
Yes. DeckLive only requires your investor password, which provides read-only access. This means our platform can view your account data to display your dashboard, but it has no ability to place trades or modify your account settings.
Can I test DeckLive before committing?
Yes. We offer a 7-day free trial that allows you to connect up to three accounts. This gives you full access to our dashboard features so you can see how it helps you manage your prop firm challenges.
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.