Challenge Simulator
Simulate your challenge with precision. Monte Carlo analysis, success probabilities, and personalized recommendations.
Challenge Configuration
Additional Settings
Leave empty for auto estimation
Phase 1 Rules
Your Trading Statistics
Ready to Simulate?
Configure your parameters and run the simulation to get a detailed analysis of your success chances.
How Does It Work?
Configure Your Challenge
Enter your prop firm parameters: account size, targets, drawdown rules.
Add Your Stats
Input your win rate, average gains/losses, and trading frequency.
Analyze Results
Get your success probability, recommendations, and complete financial analysis.
Prop Firm Challenge Simulator: Analyze Your Success Chances
Welcome to PropFirmsCodes.com, the reference comparator for prop firms. Our challenge simulator uses advanced Monte Carlo simulations to evaluate your success probabilities, optimize your strategy, and project your profitability.
Main Simulator Features
- Challenge Type Selection: 1-Step, 2-Step, 3-Step or Instant Funding. Each type includes adapted phases with customizable targets.
- Complete Customization: Configure prop firm parameters - profit target, max drawdown, daily drawdown, minimum/maximum days, trailing drawdown, consistency rules and more.
- Your Stats Integration: Win rate (20-90%), average win/loss, trades per day. Automatic calculation of risk/reward ratio and mathematical expectancy.
- 10,000 Monte Carlo Simulations: Challenge Mode to evaluate phase passing, Funded Account Mode for 12-month projection with splits and violation risks.
- Advanced Metrics: Sharpe Ratio, Profit Factor, probability of ruin, expected drawdown, win/loss sequences, complete financial analysis with ROI.
How to Use the Simulator
1. Configure the Challenge
Choose account size ($5K to $500K), challenge type and market. Enter the actual price for accurate cost analysis.
2. Set the Rules
Adjust profit targets, drawdowns and periods. Switch between % and $ for more flexibility. Enable advanced rules if necessary.
3. Enter Your Statistics
Win rate, average win/loss, trades per day. The tool automatically validates and alerts on problematic parameters.
4. Analyze and Optimize
Visualize results with charts and metrics. Download the professional PDF or share your results. Use recommendations to refine your strategy.
Our Simulator Advantages
Scientific Accuracy: Based on Monte Carlo, Kelly Criterion and binomial probabilities to surpass basic calculators.
Save Time and Money: Evaluate potential resets and avoid costly failures. Optimize before paying for the challenge.
Suitable for All Levels: Intuitive interface for beginners, advanced metrics for experts. Explanatory tooltips on each parameter.
100% Free and Secure: No data stored, everything happens client-side. Professional PDF export included.
Proven Results: Traders have reported a 20-30% increase in their success chances after optimization via our tool. Compatible with FTMO, MyForexFunds, E8 Funding and all major prop firms.
Ready to optimize your prop firm journey? Our Monte Carlo simulator guides you to maximize your success chances. Use it today to validate your strategy and pass your challenge with confidence.
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Frequently Asked Questions About the Challenge Simulator
Everything about Monte Carlo simulations and optimizing your prop firm challenges
How does the Monte Carlo simulator work?
Our simulator runs 10,000 simulations of your trading strategy using your actual statistics (win rate, average gains/losses). Each simulation generates a possible path with random variations, allowing for a statistically reliable success probability calculation.
What accuracy can I expect from the results?
With 10,000 simulations, the margin of error is less than 1%. Accuracy mainly depends on your input data: use at least 100 historical trades for reliable statistics. The simulator integrates real prop firm rules to maximize realism.
How to choose between 1-Step, 2-Step and 3-Step?
1-Step: Faster but higher targets (8-10%). 2-Step: Standard with progressive phases (8% then 5%). 3-Step: More phases but lower targets per phase. The simulator calculates your chances for each type - choose the one with the best probability.
What does Challenge vs Funded mode mean?
Challenge mode simulates passing the evaluation phases. Funded mode projects your performance over 12 months after getting the account, including splits (80/20 to 90/10), violation risks and net income. Use Challenge for evaluation, Funded to plan your income.
How to interpret the success probability?
65%+ = Excellent strategy, take the challenge. 50-65% = Correct, optimize further. <50% = Risky, improve your strategy. The color code guides you: green (>65%), yellow (50-65%), red (<50%).
Important Warning
The information presented on this page is provided for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or trading incentives. Trading carries significant risks of financial losses. Past performance is not indicative of future results. We strongly encourage you to properly educate yourself, practice on a demo account, and never invest more than you can afford to lose. Consult a professional financial advisor before making any investment decision.
PropFirmsCodes.com is an independent information and comparison site. We may receive commissions through affiliate links, but this does not influence our editorial content. We strive to provide objective and up-to-date information on all prop firms.