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Free · Release in preparation

PropGuard Free

MT5 Drawdown Monitoring & Alerts

Understand how close your account is to daily and maximum loss thresholds. Configure notifications and review risk changes as they happen.

Monitoring only: Free does not send orders, close positions or lock trading. It cannot prevent rule violations by itself.

PropGuard Free illustration, not a screenshot of an actual trading account
Illustration – not a product screenshot.

What Free is designed to do

Drawdown models

Daily and maximum loss tracking using supported static, trailing and end-of-day references.

Configurable alerts

Warnings, critical levels and limit-reached alerts, with notification preferences and events logging.

Verified setup

Guided account configuration, confirmed starting balance and cautious treatment of uncertain historical equity.

Requirements and limitations

Requires MetaTrader 5 running and receiving account updates. A correct prop-firm rule configuration is essential. Firm rules change, and historical equity peaks may not be reconstructable.

The product is being tested. A download link will appear only when a public release exists.