Figures reflect a common FTMO account at the time of writing. Firms revise rules often, so verify against the FTMO site before relying on them.
Merlin's gauges derive from closed trades. Your firm watches live equity including open positions.
MerlinTrade is independent trading-journal software and is not affiliated with, endorsed by, or sponsored by FTMO. All trademarks belong to their owners.
How to pass without breaching
- →The 5% daily loss includes floating P&L: your open drawdown counts, not just closed losses.
- →Risk a small fixed percentage per trade (e.g. 0.5–1%) so a losing streak never approaches the 5% day or 10% total.
- →Hit the 4-day minimum; a single big day cannot pass the Challenge on its own.
Check your exact distance to breach
Drop your balance, peak and limit into the free calculator. No signup.
Open the drawdown calculator →FTMO FAQ
What is the FTMO maximum loss rule?+
On a 100K Challenge the maximum loss is 10% ($10,000) from your initial balance, a static line that does not trail your profit.
Does the FTMO daily loss include open trades?+
Yes. The 5% daily loss limit is measured on your balance plus floating (open) P&L from the day's starting equity, so unrealised drawdown counts.
Track your FTMO rules from your trades.
Import your trades and Merlin computes your distance to every limit from your closed trades, and the Pre-Trade Check flags the trade that breaks your rules before you take it.
No email. No card. 7-day free trial on Pro & Premium when you're ready.