Prop Firm Analytics

Prop firm analytics is the process of turning account records into a repeatable review of risk, trading behaviour and results. A useful report explains where profit came from, how much risk was taken and which account conditions still need checking. A profitable statement alone cannot establish that every intraday loss limit or programme requirement was respected.

This guide separates three jobs: understanding your trading results, checking the rules for your particular account, and confirming that your data is complete enough for the question you are asking. MyVeridex is trading analytics for reviewing imported trading history. It cannot place trades and does not guarantee a challenge pass, reward or future performance.

Start with the account and the rule version

Before calculating a score, write down the firm, programme, account stage, account currency, reporting period and the official rules that apply to it. An evaluation and a subsequent account can have different conditions. A rule for one product should not be copied into another product because the account sizes look similar.

• Loss limits: record whether each limit is static or trailing, what moves its reference level, and whether the trigger uses balance, equity or another measure.
• Daily reset: record the firm's trading-day boundary and time zone, including how daylight saving changes are handled.
• Consistency: check whether the measure concerns the best day, best trade or a different concentration test. Record its denominator and the period over which it is calculated.
• Other conditions: read the applicable trading-day, position-size, instrument, news, holding and reward requirements in the original terms. Their availability and consequences vary.

The official FTMO Trading Objectives and Topstep Maximum Loss Limit explanation illustrate why the definition of a limit matters. Both discuss open-position results in their loss calculations. The applicable product and account stage must still be identified before using a threshold. These source pages were checked on 15 October 2026; this guide does not replace your account's current terms.

Separate closed profit, balance and equity

Closed-trade profit or loss describes completed trades. Balance records the account after booked transactions. Equity also reflects open positions and can change while the balance stays still. Credits, commissions, swaps and other account adjustments must be treated according to the relevant broker and firm definitions.

A report built only from closed trades cannot reconstruct every temporary loss while a position was open. It also cannot establish the exact lowest equity between observations. MetaQuotes documents the distinction in its MetaTrader 5 trading-report guide. Keep a closed-result analysis separate from a rule check that requires intraday equity.

For a daily review, keep the starting reference, closed result, applicable costs, open-position result and the observation time in separate fields. Reconcile them with the firm's dashboard. If a field is unavailable, label the gap rather than substituting a favourable value.

Measure drawdown and distance to a limit separately

A drawdown statistic describes a fall from a chosen peak. The distance to a firm's loss floor describes how far the current account measure is above a specific threshold. They answer different questions. State whether a chart uses balance, equity snapshots or cumulative closed profit, and state the period it covers.

For a simple fixed-floor illustration, suppose the applicable account measure is $98,500 and the floor is $97,000. Their difference is $1,500. This is arithmetic headroom at that observation, not permission to risk $1,500. Costs, execution, a moving floor, a reset or a change in open positions can change it. Whether reaching the floor or moving below it triggers a breach depends on the programme.

A historical peak-to-trough figure is not a complete account-rule engine. In particular, a statement import may contain no intratrade equity path. Read the guide to prop trading drawdown alongside the original rules when comparing a report with a firm's account display.

Calculate best-day concentration from the right denominator

Some programmes compare the highest profitable day with total net closed profit. Others use a different definition. Use the actual account rule rather than assuming that every consistency percentage means the same thing.

If the specified measure is best-day profit divided by total net closed profit, a hypothetical best day of $1,500 and total net profit of $6,000 produce a ratio of 25%. If a later day loses $1,000, total net profit becomes $5,000 and the ratio becomes 30%. The loss has made that ratio worse. The numerator did not change, but the denominator fell.

Do not insert floating profit into a closed-profit denominator unless the programme explicitly requires it. If total net profit is zero or negative, treat the ratio as not meaningful for that comparison instead of presenting a reassuring percentage. Exceeding a concentration target does not have one universal consequence: the relevant programme may require more qualifying profit, delay a reward or apply another condition.

See the worked consistency-rule explanation for the distinction between a calculation, an eligibility condition and a loss-limit breach.

Review expectancy, profit factor and R-multiples

Win rate alone leaves out the size of wins and losses. Review it with the average winning result, average losing result, trading costs and the number of observations.

• Average result per trade: divide the net result for the chosen sample by the number of completed trades. For illustration, four $100 wins and six $50 losses produce $100 across ten trades, or $10 per trade before any costs not already included. This is a hypothetical calculation, not a customer result or forecast.
• Profit factor: compare the sum of winning results with the absolute sum of losing results, using a consistent treatment of fees. A sample with no losing trades does not establish a dependable infinite profit factor.
• R-multiple: compare a trade's realised result with the monetary risk defined at entry. A $50 result against an initial $100 risk is 0.5R. Without a reliable record of that initial risk, an R-value cannot be recovered simply from the final profit.

Inspect the distribution as well as the averages. One unusually large win can dominate a short sample. Break results down by instrument, trading session or setup only when each subgroup has enough observations to support the comparison. Read the trading metrics guide for additional measurement context.

Check data quality before interpreting a dashboard

1. Confirm the period. Record the earliest and latest available trades. Broker history availability and the selected export period can limit what was received.
2. Confirm the account and currency. Do not combine accounts, account resets or currencies without clearly identifying the changes.
3. Reconcile cash movements. Deposits, withdrawals and credits should not be mistaken for trading profit.
4. Check costs. Identify whether commission and swaps are already included before adding them again.
5. Check trading-day boundaries. The broker server's calendar day may differ from a firm's rule-reset time.
6. Inspect missing and duplicate records. Compare trade identifiers and counts with the original statement, especially after another import or sync.
7. Distinguish closed history from equity observations. A complete list of closed trades still does not establish every floating loss while those trades were open.
8. Record freshness. Keep the last successful import or connection observation visible. An older snapshot cannot establish the account's present rule status.

Use MyVeridex within its actual reporting scope

MyVeridex supports read-only MT4 and MT5 account connections using an investor password, and statement imports for reviewing trading history. Check the available broker/server connection and the history actually returned for your account. A supported platform is not a promise that every broker supplies the same depth of history.

The application derives analytics from the records it receives. A closed-trade statement import builds daily trading-result history; it does not recreate a continuous historical floating-equity feed. Ratios and charts should therefore be interpreted with their input data and reporting period. MyVeridex is an analysis aid, not the firm's authoritative breach decision, a guaranteed prevention system or an independent audit of your account.

Begin with your original statement, compare the imported results, and use the broker directory to investigate connection options. Check the firm's own account display for current conditions. The reporting workflow remains useful even when you must separately calculate a programme-specific requirement.

A practical daily and weekly review

Before a trading session, confirm the correct account, rule version, daily reset and current authoritative loss reference. Compare the freshness of your analytics data with the firm's dashboard. This is a review checklist, not an instruction to place a trade or a promise that losses are controlled.

After the session, reconcile closed profit and costs, inspect any open positions separately, and check whether one day or one trade is dominating the result. Note missing records or time-zone differences before drawing conclusions.

Once a week, review expectancy, concentration and drawdown over a stated sample. Record any change to position sizing, instruments or method so that later comparisons have context. Keep losing periods in the review. A clear account of the limits of the data is more useful than a score presented without its source.

Common questions

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