Know if prop trading actually pays you
Every challenge you buy, every payout you receive and every account's drawdown, in one place. NovaTrade shows what each firm really costs you and what it gives back.
- FTMO, FundedNext, The5ers, Topstep, Apex and more
- Unlimited accounts on PRO
- Accounting included in the Free plan
- accounts from the Essential plan
- 3
- prop and futures firms preloaded
- 10
- of costs vs payouts at a glance
- 12 months
- spreadsheets to keep
- 0
01The problem
Most funded traders don't know their real numbers
- Every fee, reset and payout logged, with receipts
- All your firms in one journal, with ROI per firm
- Max and current drawdown for every account
02Setup
Set up your prop firm journal
Connect the accounts once. The money side takes a few seconds per entry.
- 1
Add each funded account
Sync it from MT4, MT5 or cTrader, or import a CSV for futures firms like Topstep or Apex.
novatradejournal.com · AccountsFTMO 100kMetaTrader 5FundedNext 50kMetaTrader 5Topstep 50kCSV · NinjaTrader - 2
Log fees and payouts
In Accounting, add each challenge, reset and payout, and attach the receipt.
Accounting- FTMO · Challenge 100k−$540
- FTMO · Reset−$270
- FundedNext · Challenge 50k−$330
- FTMO · Payout+$1,920
Receipt attached
- 3
Watch the drawdown
Every account shows its max and current drawdown, in money and percent.
DrawdownFTMO 100kcurrent 3.8% · max 6.4%FundedNext 50kcurrent 1.2% · max 3.0%Topstep 50kcurrent 6.1% · max 8.2% - 4
See the whole picture
Group accounts in a portfolio for combined equity, win rate, profit factor and drawdown.
Portfolio · Prop firmsWin rate58%Profit factor1.74Max DD−4.9%
Honest note: NovaTrade shows drawdown per account, but it doesn't track each firm's specific rules (like daily loss limits) or send alerts yet.
03Inside the journal
Your real result with each firm
You log what you pay and what you get paid. NovaTrade does the maths.
You log
- Challenge fees and resets
- Payouts received
- Receipts attached to each entry
FTMO
3 accounts bought · 12 months
ROI+137%
NovaTrade calculates
- Total spent and paid back per firm
- Net result and payout ROI
- A 12-month view of costs vs payouts
Also included
Receipts with every entry
Attach the invoice or payout proof to each entry. Import and export the ledger as CSV.
More than challenges
Track subscriptions, data, VPS, education and fees too, to see what trading really costs.
Stats per account
Win rate, profit factor, expectancy, sessions and a P&L calendar for every funded account.
Demo accounts are free
Demo accounts don't count toward your plan's account limit.
FAQ
Frequently asked questions
Straight answers about setup, plans and safety.
Which prop firms does it work with?
Any firm that gives you an MT4, MT5 or cTrader account syncs automatically, like FTMO, FundedNext, The5ers or Funding Pips. Futures firms like Topstep or Apex work through a CSV import from NinjaTrader or your platform.
Does NovaTrade check my firm's rules, like the daily loss limit?
Not yet. It shows the max and current drawdown of every account, but it doesn't know each firm's specific limits and doesn't send alerts.
How many accounts can I track?
Free includes 1 account, Essential 3 and PRO unlimited. Demo accounts don't count toward the limit.
How is the ROI per firm calculated?
From your own entries: everything you paid a firm (challenges, resets) against everything it paid you (payouts). Pending and refunded entries are shown but not added up.
Is the accounting part free?
Yes, Accounting is part of the Free plan. You only need a paid plan to sync more than one account.
Keep exploring
- MetaTrader 5 auto-syncEvery MT5 trade, deposit and withdrawal lands in your journal automatically.
- cTrader auto-syncSign in with your cTrader ID and your accounts sync every day, nothing to install.
- Backtesting and chart replayReplay the market candle by candle, or run a strategy over months of data in seconds.
- Prop Firm ROI CalculatorIs the challenge worth it? Expected payout, costs and return.
- Drawdown Recovery CalculatorThe gain you need to get back to your peak after a loss.
- Position Size CalculatorHow many lots, shares or units to trade for the risk you choose.
Find out what your prop trading really earns
Create your free account, connect your funded accounts and log your first payout.

