5 Tools Every Prop Trader Should Be Using in 2025

Whether you’re trading Forex, Futures, or Crypto with a prop firm, your edge doesn’t just come from your strategy — it comes from your setup. The right tools can be the difference between getting funded and getting frustrated.

In this post, we’ll cover the best tools for prop firm traders in 2025 — including performance trackers, risk calculators, and essential market planning tools. Whether you’re just getting started or looking to refine your edge, these tools will help you trade smarter and stay funded longer.


1. Trading Journal Software (Edgewonk, Trademetria, or MyFxBook)

Top funded traders know: you can’t improve what you don’t track. Tools like EdgewonkTrademetria, and MyFxBook are essential for logging trades, identifying emotional patterns, and analyzing profitability over time.

Why this matters for prop trading:

  • Pinpoint your most (and least) profitable setups
  • Identify behavioral patterns like revenge trading or hesitation
  • Track performance across different markets: Forex, Futures, and Crypto

Whether you’re using NinjaTraderMetaTraderDXtrade, or any other platform — a reliable journal is the foundation of professional trading.


2. TradeLocker Analytics or MyFxBook Dashboard

When you’re trading funded capital, every percentage point counts. Built-in analytics tools like TradeLocker’s dashboard or third-party apps like MyFxBook allow traders to assess:

  • Win/loss ratios
  • Risk-reward performance
  • Drawdown trends
  • Average trade duration

Prop firm traders need consistent, data-driven insights to pass evaluations and maintain funded status — these tools do the heavy lifting for you.


3. Economic Calendar (Forex Factory or Investing.com)

Whether you’re a scalper or swing trader, ignoring high-impact news can destroy a prop account fast. Use a real-time economic calendar from Forex Factory or Investing.com to avoid trading blindly into events like:

  • NFP
  • CPI
  • Interest rate decisions
  • FOMC statements

💡 Top1Funded traders have access to an integrated economic calendar right inside their trading dashboard — so you’re never blindsided by unexpected volatility.


4. Notion or Evernote – Organize Your Trading Plan

Successful funded traders don’t wing it — they follow a structured process.

Apps like Notion and Evernote are perfect for building:

  • Daily checklists
  • Trading plans
  • Strategy breakdowns
  • Prop firm rules & evaluation notes

Keeping all your strategies, mental models, and rules in one place reduces stress and improves consistency.


5. Risk Management Calculator (Stinu, BabyPips, or FX Position Size Tools)

One bad trade can cost you your entire funded account. A simple risk calculator ensures you never overleverage or violate risk limits.

Recommended tools:

  • BabyPips Lot Size Calculator (great for Forex)
  • Stinu App (iOS + Android)
  • Risk Calculator FX for more advanced needs

Prop traders who calculate risk per trade — based on account size and stop loss — pass more evaluations and get paid faster.


🚀 Final Thoughts: Tools Don’t Make the Trader — But They Do Sharpen the Edge

Being a funded trader isn’t just about skill — it’s about structure, consistency, and risk control. The tools above are used by real traders across Top1Funded’s Forex, Crypto, and Futures programs to stay profitable, compliant, and on track for instant payouts.

At Top1Funded, we provide the capital — but it’s your job to trade like a professional. These tools help make that possible.


✅ Ready to get funded with no hidden rules, no payout delays, and true trading freedom?

👉 Start your journey now at Top1Funded.com

Author:Top1Funded
Publish Date:
Tags:
economic calendarforex trading toolsfunded trader tipsfutures trading toolsprop firm strategyprop firm toolsrisk managementtrading journal softwaretrading tools 2025