Blowups are your cost, not just theirs
Every account that breaches a rule it could have avoided is an evaluation refunded or a payout you underwrote. A trader who can see how close they are to the line takes fewer of the trades that end funded accounts.
Distance to breach, in real numbers
Merlin reads a trader's own closed trades and live equity and computes how far each account sits from every rule that fails it: trailing drawdown, daily-loss limit, profit target, consistency. Not a vibe, a number that updates as they trade.
A stand-down before the trade, not a post-mortem after
The Pre-Trade Check flags the position that would breach a rule before it is taken. It is the difference between coaching a trader after the account is gone and giving them the moment to stand down.
What this is, and what it is not
Merlin does not tell traders what to buy or sell, and it does not place trades. It monitors distance to your rules and surfaces risk. Discipline and decisions stay with the trader.
Live links use the broker investor (read-only) password through our sync provider. Merlin can display and journal, never trade. Traders can also sync via a read-only EA.
The overlay is computed per trader from their own account. There is no guarantee of outcome, no signal service, and nothing that overrides a firm's own risk desk.
Merlin is a risk-monitoring and journaling tool. It is not financial advice and does not guarantee that any account will pass an evaluation or avoid a breach.
Test it with your traders
We are talking to a small number of firms about giving their funded traders the distance-to-breach overlay. Tell us your rule set and roughly how many funded accounts you run, and we will show you how it maps.
Talk to us →director@xrpaid.net