Platforms and futures
What this guide covers
What you actually trade on, and how the platform shapes the rules. MT4 against MT5 for a funded account, where TradingView execution is permitted, NinjaTrader and Tradovate in futures programmes, where automation is allowed and where it voids an account, how exchange-traded futures bring data fees and session times into the rule set, and how execution costs eat a profit target.
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Tools
Run the numbers on your own account with the calculators on Prop Firm Pal, the firm-data site in this network.
Pip calculator
The cash value of a pip for any pair and lot size.
Position and lot size calculator
Lot size from account balance, risk percentage and stop distance, plus how many losing trades the daily limit allows.
Drawdown calculator
Remaining buffer on both static and trailing accounts — the distinction that decides most failed evaluations.