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Free calculators: drawdown, position size and evaluation cost

Updated September 6, 2026

Three calculators live at propfy.io/tools. No sign-up, no email, nothing saved. They do the arithmetic that decides whether a prop firm account survives.

Trailing drawdown calculator

Answers three things at once: where your floor sits today, how much room is left before the account closes, and the balance at which the floor stops following you.

You pick a firm and account from the list, then enter your current balance and the peak the program measures from. The peak field is labelled in that program's own terms, because programs do not all measure the same thing.

Daily loss limit position sizer

Turns a dollar risk and a stop distance into a contract count that still respects your cap for the day.

Inputs: the instrument, the account and its daily loss limit, the stop distance in points or ticks, the dollars you are willing to risk on this trade, and what you have lost so far today. The result is a contract count, the dollars actually at risk at that count, and the room left in the day.

Twelve contracts are built in, each micro beside the mini it tracks: Nasdaq, S&P 500, Russell 2000, Dow, gold and WTI crude. Anything else is covered by an "enter your own" row where you type what one point and one tick are worth.

Evaluation cost comparison

Weighs the evaluation fee, the activation fee and any published reset cost against the time it takes to reach the profit target.

You enter an account size, the profit you make on an average trading day, and how many days a month you trade. The table gives you, per plan, the evaluation fee, the profit target, the time to reach it, the total cost and the cost per $1,000 of account size.

Only standard published prices are used. A standard price is the one still true next week, which is the only kind worth planning against.

Where the account sizes come from

Each calculator carries the account sizes whose figures the firm publishes on a page the tool can link to. Every figure is read off that page, never inferred and never carried from memory, and each one shows the date it was last read beside a link to its source. Published figures change without notice, so check the source before you rely on a number.

Rules are paraphrased rather than copied. Firm names appear because those are the programs the figures belong to, and for no other reason. Where a program is not in a list, use the "enter my own" row and type your own figures.

What they are not

They are calculators, not a rulebook. Your firm's own published rules are the authority on your account, and the source link beside each figure is there so you can go and read them.

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Risk Disclosure

Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one's financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Hypothetical Performance Disclosure

Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect trading results.

Trademarks and affiliation

NinjaTrader® is a registered trademark of NinjaTrader Group, LLC. No NinjaTrader company has any affiliation with the owner, developer, or provider of the products or services described herein, or any interest, ownership or otherwise, in any such product or service, or endorses, recommends or approves any such product or service.

Topstep® is a registered trademark of TopstepTechnologies LLC. TopstepX™, FTMO, Tradovate, Kinetick, TradeZella and other third-party names and marks are the property of their respective owners. Propfy is an independent trading journal and is not affiliated with, endorsed by, sponsored by, certified by or authorized by any of them unless explicitly stated in writing. Third-party names are used solely to identify supported connections and technical compatibility, and technical compatibility does not imply a commercial partnership, sponsorship, endorsement or authorization.