TradeAnchor
What lot size should I use on my funded account?
At a prop firm you don't fail on one bad trade: you fail by breaking the daily limit. Get your lot and how many losses in a row you can take.
This calculator is also in the app
TradeAnchor is a free trading journal: log your trades (or connect your MT5), see your stats and find out which mistakes cost you money.
Create my free journalLot size on a funded account
Prop firms (FTMO, FundedNext, The5ers, GoatFunded…) usually have a daily loss limit (often 5%) and a max loss limit (often 10%). Hit it and you lose the account, even if you were up for the month.
Gold example: $100,000 account, 0.5% risk ($500), $5 stop:
With a 5% daily limit ($5,000) you'd need 10 losses in a row in one day to lose the account. At 2% per trade, 2 or 3 are enough.
FAQ
How much should I risk per trade on a funded account?
Most funded traders risk 0.25% to 1% per trade, so a normal losing streak doesn't hit the daily limit.
How is the daily loss limit calculated?
It depends on the prop firm: some use the day's starting balance, others the highest balance or equity. Read your account rules and enter the % that applies to you.
Does it work for FTMO, FundedNext or The5ers?
Yes: the lot calculation is the same on any MT4/MT5 account. Only the daily limit changes, which you can set in the "Daily limit %" field.
How do I avoid breaking the daily limit?
Small risk per trade, a max number of trades per day and stopping after 2 or 3 losses in a row. Logging your trades in a journal shows you when you break your rules.
Other calculators
Calculation for USD accounts. The real value depends on your broker's contract size: check it before trading. Not financial advice.