Free tools
Free MT5 tools for prop traders
Free MetaTrader 5 tools to help you protect a funded account — starting with our live dashboard, drawdown tracker and economic news guard. More tools are on the way.
Free MT5 Dashboard & News Guard for prop traders.
Live account stats, drawdown risk and an economic news calendar with optional news-trade blocking — directly inside MetaTrader 5. Attach it to any chart and it reads your account automatically. Free for your email.
Free MT5 tools for funded traders
Passing a prop firm challenge is as much about not breaching rules as it is about finding good trades. Our free MetaTrader 5 tools are built around that reality: a live dashboard that shows your account stats at a glance, a drawdown tracker so your daily and max limits are never a surprise, and an economic news guard that flags high-impact events before they hit your positions.
They run directly inside MT5, so there's nothing to babysit — the information you need to stay inside the rules is on the chart while you trade. It's the same setup I wish I'd had before I breached my first funded account on a rule I forgot about.
Want to put them to work? Pair the tools with our verified [prop firm comparison](/prop-firms) and the free [risk calculators](/tools) so you size every trade correctly before you place it.
Frequently asked questions
Are these MT5 tools really free?
Yes — the dashboard, drawdown tracker and news guard are free in exchange for your email, with no trial or card required.
Do the tools work with any prop firm?
They work on any MetaTrader 5 account, so they fit most CFD and forex prop firms that run MT5. Always follow your specific firm's rules — the tools help you track them, not replace them.
Will these tools help me pass a challenge?
Indirectly, yes. They won't improve your strategy, but they remove avoidable mistakes — blown drawdown limits, forgotten news events — that fail more challenges than bad trades do.