Real-Time Drawdown Monitoring for MetaTrader

Get push alerts before you breach your drawdown limits. Install the EA, open the app, and let Trading Monitor protect your accounts 24/7.

Create Free Account

Read-only — never executes trades No credit card required. 5-minute setup.

Trading Monitor

FTMO Evaluation SEGURO

BalanceEquity

$10,000.00$9,850.00

1.5% / 5.0%

IC Markets Live PRECAUCION

6.5% / 10.0%

Sync every 60 seconds

Alerts in < 10 sec

DD per strategy

99.9% uptime

You're trading blind with your drawdown

If you're a MetaTrader trader, you know this feeling: opening your terminal afraid to discover you've already breached the drawdown limit. By then, it's too late.

The prop trader who loses his evaluation

Carlos invested $500 in his evaluation. DD limit: 5%. Went to sleep with EAs running. At 3 AM, a losing streak crossed the limit. When he opened MetaTrader, his account was already suspended. $500 lost for not getting an alert in time.

The algo trader who doesn't know which EA is failing

Maria has 4 accounts and 6 EAs running. Every day she opens each terminal to check which strategy works and which drains her account. That's 20 minutes daily. And she still misses things.

The trader without tools

Jorge trades with 3 funded accounts. He knows risk management in theory, but he has no tool showing his real-time drawdown. He calculates in Excel. He makes mistakes.

Every hour you trade without real-time drawdown monitoring is an hour where a losing streak can destroy your account, your evaluation, or your capital — and you won't find out until it's too late.

Manual checking doesn't work. Myfxbook doesn't alert you. Excel doesn't scale. And your memory isn't a risk management system.

Your automatic drawdown protection system

Trading Monitor installs a silent EA on your MT4/MT5 terminal. It doesn't touch your trades. It only watches. Every 60 seconds it syncs your data, calculates real drawdown, and sends you a push alert before you cross the limit.

Know before, not after

Set your drawdown limits per account or strategy. When you approach the threshold, you get a push notification on your phone in under 10 seconds.

Identify which EA is costing you money

Trading Monitor groups your trades by magic number automatically. You see the drawdown of each strategy separately. No other service offers this.

All your accounts at a glance

1 account or 10, all on a single screen. Balance, equity, drawdown of each account updated every 60 seconds. No opening multiple terminals.

Track your evaluation from day 1

Create periods with start and end dates to monitor your drawdown during an evaluation or funded phase. Know exactly where you stand against your limit.

Precision without noise

The drawdown calculation automatically excludes deposits and withdrawals. What you see is your real trading drawdown, not figures inflated by capital movements.

Watch, not interfere

The EA only reads data. It has no trading permissions. It is technically incapable of executing, modifying, or closing trades. Your token is unique and revocable.

3 steps. 5 minutes. 24/7 protection.

STEP 1

Create your free account

STEP 2

Install the EA on MetaTrader

Download the Expert Advisor and drag it to a chart on your MT4 or MT5. Read-only — never executes trades.

STEP 3

Receive your first sync

In 60 seconds, your data appears in the app. Set your drawdown limits and activate alerts. Done.

Start Free Now

No credit card. Setup in 5 minutes. Cancel anytime.

What traders are saying

"I lost two prop firm evaluations for not monitoring drawdown in time. With Trading Monitor, I get the alert on my phone before approaching the limit. I've already passed my third evaluation."

Carlos M.

Prop Firm Trader

"I have 5 EAs on 3 accounts. I used to spend 30 minutes a day checking each terminal. Now I open the app and in 10 seconds I know which strategy is performing and which isn't."

Maria L.

Algo Trader

"My team of 8 traders finally has a unified view of risk across all accounts. No more checking each terminal — real data with configurable alerts for everyone."

Team Manager

Prop Trading Firm

* Testimonials are representative of target use cases. They will be replaced with real testimonials post-launch.

Simple. No surprises.

All features, free. Upgrade to Pro only if you want to remove ads.

Free

$0 /mo

Unlimited trading accounts
Unlimited strategies
Full history
Multi-level alerts
Unlimited periods
1 rewarded video ad every 3h

Start Free

Less than a coffee per month

Pro

$0.99 /mo

or $8.99/year (save 25%)

Everything in Free
No ads
Support development
Cancel anytime

Remove ads

For less than a cookie per month, enjoy Trading Monitor ad-free and support the developer. Billed through App Store or Google Play.

Frequently Asked Questions

I already use Myfxbook, why do I need Trading Monitor?

Myfxbook analyzes the past — it shows you stats of what already happened. Trading Monitor protects the present — it alerts you in real-time before you breach a drawdown limit. They are complementary: Myfxbook for analysis, Trading Monitor for active protection. Plus, Myfxbook doesn't offer drawdown alerts or strategy grouping via magic number.

Does the EA execute trades on my account?

No. Never. Trading Monitor's EA operates under the "observe, never interfere" principle. It only reads data: balance, equity, open trades. It has no trading permissions and is technically incapable of executing, modifying, or closing operations.

Is it safe to give access to my account?

The EA only reads data from your MetaTrader terminal. It has no access to your trading password or execution permissions. The API token it generates is unique per account and you can revoke it at any time from the app.

What's the difference between Free and Pro?

None in terms of features. The Free plan has exactly the same capabilities as Pro (unlimited accounts, full history, advanced alerts). The only difference is that Free shows a rewarded video ad every 3 hours when you open the app. The Pro plan, at $0.99/month or $8.99/year, removes that advertising. No locked features, no account limits, no reduced history.

Why only $0.99 a month?

Because we don't want to charge you for features that other drawdown monitors offer for free. Our pitch is simple: we give you everything for free, and if the ads bother you or you want to support development, you pay a dollar a month. The annual plan at $8.99 saves 25%. Billing goes through the App Store or Google Play with all the usual guarantees.

Does it work with my broker/VPS?

Trading Monitor works with any broker that supports MetaTrader 4 or MetaTrader 5. The EA runs directly on your terminal — whether on your local computer or a VPS. If your MT4/MT5 is running, Trading Monitor is syncing.

How often is data updated?

Every 60 seconds. The EA sends data to the backend, which calculates drawdown and checks your alert thresholds. If it detects you're approaching a limit, the push notification reaches your phone in under 10 seconds.

Can I use it if I'm a manual trader, not algorithmic?

Yes. Trading Monitor works with any type of operation — manual or automated. The EA reads all trades on your account regardless of how they were executed. Magic number grouping is useful for algo traders, but account-level drawdown monitoring works for everyone.

Your account deserves real-time protection

Every minute you trade without drawdown monitoring is a risk you don't need to take. Install Trading Monitor today and stop finding out about problems when it's already too late.

Get Started Free

5-minute setup. No credit card required.

Free forever with 1 account. No credit card. Setup in 5 minutes.

If Pro doesn't convince you, cancel anytime. No contracts, no questions.