Edge Lab RISK

Never Blow a Prop Firm Challenge Again.

The complete MT4/MT5 toolkit for FTMO, FundedNext, The5ers, and 50+ prop firms.

Works on MT4 & MT5 Β· 1 license = 1 MT account Β· Upgrade anytime

Everything You Need to Pass

Daily Loss Tracker

Visual gauge showing current daily P&L vs. your firm's max daily loss limit. Alerts before you breach.

Max Drawdown Tracker

Real-time equity curve vs. starting balance, with breach warning at 80% and auto-halt at 100%.

Auto Position Sizer

Risk-based lot calculator. Enter % risk per trade, it calculates the correct lot size for any pair.

News Lock

Auto-pause trading during high-impact news events. Syncs with Forex Factory calendar. Configurable buffer window.

Challenge Progress Dashboard

On-chart panel showing daily loss %, total drawdown %, profit target progress, and days remaining.

Prop Firm Rule Presets

One-click presets for FTMO, FundedNext, The5ers, and Funding Pips. All rules pre-configured.

Simple Pricing

Monthly

$15/mo

Renews automatically. Cancel anytime.

  • Full feature access
  • MT4 + MT5 support
  • Prop firm presets
  • Updates included
Best Value

Lifetime

$99 once

Pay once, own it forever.

  • All monthly features
  • Lifetime updates
  • Transfer once allowed
  • Priority email support

Frequently Asked Questions

Does it work with all prop firms?
It works with any prop firm that uses MT4 or MT5. We include presets for the 10 most popular firms and you can manually configure any custom rules.
Can I use it on a live account?
Yes. Many traders use it on funded accounts as an ongoing risk guard. The monthly license covers one MT account.
What happens after I pass the challenge?
Just re-configure the risk parameters for your funded account phase. Your license moves with you.
Is there a refund policy?
Yes β€” 7-day refund for monthly licenses. Lifetime licenses have a 14-day refund window if the tool doesn't work on your platform.
Does it work with VPS / remote desktop?
Yes. It's a standard MT4/MT5 EA with no internet activation requirement beyond the initial license check.
Does the news lock work for Asian session?
Yes. The Forex Factory calendar covers all sessions. You can set custom UTC offset to match your broker's server time.

Trading financial instruments involves substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results. TradeEdgeLab tools are provided for educational and informational purposes only and do not constitute financial advice.