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What traders pay for, compared in plain words.

Side-by-side comparisons with prices checked on each company's own page, on the date we show. Guides for your first year of trading. When another tool does a job better or costs less, the article says so.

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22
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78
prices checked on
Sep 17, 2026

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Guides for new traders9 min readUpdated Oct 1, 2026

What is a prop firm daily loss limit, and how traders break it

The daily loss limit is the most you may lose in one day on a funded account. Here is how firms count it, a worked example in dollars, and the five ways traders break it without noticing.

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  1. 6 min read

    Guides for new traders

    Build trading habits that stick: streaks, a real notebook, and never missing the news

    A short daily checklist that checks itself against your own trades where it can, a notebook with folders and tags for the rest, and your calendar synced to the app you already use.

  2. 8 min read

    Guides for new traders

    Describe a strategy in words, get a backtest

    Write a paragraph, get a strategy you can see and edit before anything runs. 28 indicator lines, tick volume read honestly, and the same fill rules the live order ticket follows.

  3. 5 min read

    Guides for new traders

    Free forex tools: currency strength, correlation, market hours and calculators

    Public pages, no sign-in: which currency moved most, which pairs move together, when the sessions overlap, and six calculators on the same maths the desk uses.

  4. 7 min read

    Guides for new traders

    The FxMind trading desk: charts, one-click orders, alarms and the scheduler

    A full-screen desk built on FxMind's own chart renderer: up to 4 charts, 40 indicators, one-click orders behind explicit consent, price alarms and scheduled orders, plus what each plan allows.

  5. 6 min read

    Guides for new traders

    Mentor access and team seats: what a mentor sees, and what they never can

    A trader invites a mentor or a teammate into a read-only view of their own journal. What is opened to that seat, what stays closed no matter what, and how many seats each plan includes.

  6. 4 min read

    Guides for new traders

    Share a verified forex track record, without handing out your login

    A public page read straight from your broker link: time-weighted gain, drawdown, win rate and profit factor, with the account number, the broker and your name hidden until you choose to show them.

  7. 6 min read

    Guides for new traders

    TradingView alerts into FxMind: notify, mark the chart, or draft an order

    Point a TradingView alert at a URL FxMind gives you, and choose what it becomes: a notification, a line on your desk, or an order draft you confirm yourself. A draft is never sent on its own.

  8. 5 min read

    Guides for new traders

    What if you had used a different exit? The what-if simulator

    Take your own closed trades and try a wider stop, a trailing stop, break-even or a time exit, walked candle by candle on the real price path. See the original result next to the hypothetical one.

  9. 5 min read

    Prop firm rules

    What your prop challenges really cost you: the money log

    Fees, resets and payouts, per firm and in total, so you can see the real return on a prop challenge instead of only the pass-or-fail progress bar.

  10. 13 min read

    Comparisons

    Which FxMind plan fits you: Free, Trader, Pro, Elite or Desk

    Five plans, one trader question each: watch a demo, get warned, get protected, run more accounts, or run a small desk. Every number is read from the live catalogue.

  11. 5 min read

    Prop firm rules

    Would your last 30 days have passed this prop firm?

    Replay your own closed trades through the same rule engine FxMind's live guards use, against a real forex prop firm preset, and see the day and the rule of the first breach, if there was one.

  12. 7 min read

    Guides for new traders

    Your broker's real costs: the execution audit and the daily written review

    Slippage, stop-fill gaps and cost drag, computed only from what FxMind already stores about your account, plus a written recap of every trading day with the fact behind every sentence.

  13. 6 min read

    Guides for new traders

    FxMind Community: setup cards and following a trade on your own account

    Rooms with realtime chat, setup cards built from a real broker trade that follow it to the close, and following one on your own account with automatic management on Pro and above.

  14. 6 min read

    Prop firm rules

    Guards against revenge trading, loss streaks and overtrading

    FxMind's Guards include behaviour rules that notice revenge trading, loss streaks, overtrading, hyperactivity and adding to a losing trade. They warn on every paid plan; they do not act on their own.

  15. 5 min read

    News and markets

    Headlines and the economic calendar: classified per instrument, with usual-move bands

    Headlines classified by instrument and impact, a calendar with countdowns and how far a pair usually moves on each release, and news-versus-no-news stats in your own journal.

  16. 5 min read

    Guides for new traders

    MT5, MT4, cTrader and Match-Trader: what links to FxMind today

    MT5 and MT4 link through FxMind's own bridge today: an investor password, live P&L in seconds, no EA. cTrader is built and waiting on Spotware. Match-Trader is next. No dates promised.

  17. 6 min read

    Guides for new traders

    Strategy Lab: manual backtesting and bar-by-bar replay

    Walk an instrument forward one bar at a time and trade it, on two years of 1-minute candles across 48 instruments. The fills follow the same rules as the live order ticket.

  18. 21 min read

    Comparisons

    FxMind vs ChatGPT, Perplexity and other AI trading assistants

    Five AI tools traders ask about markets, next to FxMind: what data each one reads, whether it shows sources, whether it gives buy or sell calls, and what it costs. Prices checked on 17 September 2026.

  19. 20 min read

    Comparisons

    FxMind vs Forex Factory, Investing.com and paid news squawks

    What knowing the news means when a trade is already open. Two free calendars and three paid news services next to FxMind: prices, alerts, and whether each one knows about your trade.

  20. 21 min read

    Comparisons

    FxMind vs prop firm rule trackers, equity protectors and copiers

    PropJournal, Traders Connect, Duplikium and two MT5 protector EAs, next to FxMind: what each checks, what it does when a limit is close, what it needs from your account, and what it costs.

  21. 21 min read

    Comparisons

    FxMind vs TradeZella, TraderSync, Tradervue and Edgewonk

    Four trading journals and FxMind side by side for a forex trader on MT5 or MT4: prices, how trades get in, reports, news and prop firm rules. Where each journal is cheaper or does more, in plain words.

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