Calculator

Prop firm pass probability calculator

Enter your edge (win %, R:R), your risk per trade, and the firm's target/daily DD/max DD rules. We run 2,000 Monte Carlo simulations and return your realistic pass probability.

Pass probability
Bust probability
Ran out of days
Avg days to pass
Expectancy per trade (R)

How this prop firm calculator works

The simulator runs 2,000 parallel challenge attempts with random trade outcomes drawn from your stated win rate and R:R. Each run ends when you either hit the profit target, trip the daily drawdown, trip the max drawdown, or run out of days. The pass probability is the share of runs that reached the target alive.

FTMO-style defaults explained

  • Profit target: 8% (FTMO Phase 1) or 10% (legacy). MyFundedFX: 8%. The Funded Trader: 8%.
  • Max DD: 10% total drawdown from peak, enforced across the whole challenge.
  • Daily DD: 5% from daily starting equity. Easiest rule to accidentally trip.
  • Max days: 30 trading days for most firms. No minimum day requirement since 2024 at FTMO.

Rules of thumb from the simulation

  1. Edge matters more than win rate. 50% win at 1.5R beats 70% win at 0.8R. Expectancy per trade (displayed above) should be positive or you'll fail in expectation regardless of variance.
  2. Risk per trade is the #1 lever. Dropping risk from 1% to 0.5% typically cuts bust rate in half for the same edge.
  3. Sweet spot for most EAs: 0.25 - 0.5% risk, 55-60% win, 1.2-1.5R average winner. Pass rates 55-75%.
Reality check: This model assumes trades are independent — real trades cluster around news, sessions, and correlated pairs. Real pass rates are typically 5-15 points lower than the simulation suggests. Treat the result as a ceiling, not a certainty.

Related

Frequently asked questions

Why is my pass rate lower than I expected?

Most traders overestimate their win rate. Drop it by 5 points, drop avg win by 0.2R, and rerun — you'll see a more honest number. Live data almost always underperforms backtests.

Does this model Monday-start rules or news restrictions?

No — simplified. The real world adds news blackouts, weekend holding rules, and consistency rules (FTMO 50% rule). Use this as a first-pass filter.

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