Free Tools
Free Trading Tools That Actually Help
10 free tools built for serious traders and prop firm candidates. From Monte Carlo challenge simulation to deep strategy analysis — no signup required for the first 3 uses.
Advanced tools
Monte Carlo · Prop Firms
Challenge Pass Rate Simulator
Know your real odds before paying the challenge fee. Runs 2,000 random simulations of your evaluation using your actual strategy statistics.
Deep Trade Statistics
Strategy DNA Analyzer
Paste your last N trades. Get profit factor, expectancy, Kelly criterion, Sharpe ratio, max drawdown, streak analysis, and equity curve in seconds.
Quiz · 8 Firms Ranked
Prop Firm Finder
6 questions. Personalized ranking of prop firms based on your trading frequency, style, automation, news trading, and target account size.
20 Questions · Radar Chart
Trading Psychology Score
Assess your trading psychology across 5 dimensions: rule discipline, patience, emotional recovery, FOMO resistance, and self-awareness.
Calculators
Risk/Reward Ratio
Calculate your R:R ratio and the exact win rate you need to break even — before entering any trade.
Open →Lot Size Calculator
Work out the exact number of lots so you never risk more than your planned percentage per trade.
Open →Prop Firm Drawdown
Check your daily loss and overall drawdown limits in real time — before you breach and fail your evaluation.
Open →Position Size Calculator
Calculate exact shares, coins, or contracts based on your risk percentage and stop loss distance.
Open →Expectancy Calculator
Find your edge: calculate expectancy per trade, profit factor, and projected P/L over hundreds of trades.
Open →Win Rate Calculator
Calculate your win rate and compare it to the breakeven win rate required by your risk/reward ratio.
Open →Ready to put this into practice?
TradersCompanion automatically tracks your risk, drawdown, and expectancy on every trade — so you don't have to calculate it by hand.