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Best trading journal for prop firm traders — 7 tools ranked (2026)

We make one of the tools on this list and it is not ranked first. That is not humility, it is the only way a page like this is worth reading: the question "which journal is best for a funded trader" has an answer, and for most people it is not us.

Last updated: 1 August 2026 · 15 min read · All prices verified 1 Aug 2026

What "for prop traders" actually changes

A general trading journal and a prop firm journal are judged on different things, and most rankings ignore the difference.

A retail trader with their own capital wants to find an edge. Depth of analytics is the product. A funded trader has a second, harder constraint sitting on top: a daily loss limit and a maximum drawdown, at least one of which is usually trailing, and breaching either ends the account regardless of how good the edge was.

So the questions that matter here are narrower. Does the tool model your firm's drawdown type correctly? Does it know where you stand against it during the session, rather than after? And when you are about to break it, does anything happen?

The last question is the one that separates this list, so here is the whole field at a glance before the rankings.

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Seven tools against five capabilities A grid of seven tools. Filled circles mean full support, half circles partial, empty circles none. The live auto-close column contains only two filled circles, on the Cruveno row and the risk manager EA row. Every other tool is empty in that column. Liveauto-close Prop rulemodelling MT4/ MT5 Journaldepth Freetier TradesViz Cruveno TradeZella TraderSync Edgewonk Tradervue Risk manager EA

Five tools are strong in four columns and empty in the first. That column is the whole reason this page exists — and it is also why the ranking below does not start with us.

The ranking

Ranked as journals for a funded trader. Enforcement is scored separately further down, because mixing the two produces the kind of list where the author's own product mysteriously comes first.

01

TradesViz

Best overall
Free · $19.99/mo Pro · $29.99/mo Platinum

Nothing else on this list takes prop firm rules as seriously. 36+ pre-built firm profiles, 60+ account configurations, and all four drawdown types — trailing end-of-day, trailing intraday, static, and trailing-to-static lock — applied automatically from the profile you choose.

The feature I would actually pay for is retroactive evaluation: run your real trade history through any firm's rules "to find out, before paying for an evaluation." That answers the question every prospective funded trader has, using their own trades, for less than an evaluation fee.

Genuine free tier at 3,000 executions a month

Challenge Mode rehearses an evaluation with rules enforced on every tick

600+ statistics, and MT4/MT5 auto-sync alongside the futures platforms

Enforcement is simulator-only; a live breach produces a dashboard alert naming the date it happened

Forex needs the Pro plan — the free tier is stocks only

Cruveno vs TradesViz →
02

Cruveno

Best for enforcement
€19/mo founding · €149/yr

This is our product. Read the next paragraph as a disclosure rather than a recommendation.

Second on journal depth, and honestly a distant second — there is no trade replay, no backtester, nothing like 600 statistics. What it does that nothing else here does is close the position. Session and equity drawdown limits are enforced server-side through MetaAPI, sub-second, whether or not your computer is on.

The only journal on this list that acts on a live account

Behavioural score that moves during the session, not a report afterwards

Unmetered AI — no credit allowance, no daily message cap

MT4/MT5 only; futures accounts on Tradovate or Rithmic cannot connect at all

Needs a master password, not an investor password, in order to act

No free tier, no simulator, no backtesting, and it is a new product

03

TradeZella

Best review environment
$35/mo Essential · $59 Pro · $99 Ultra

The strongest post-session product in the category. Trade Replay re-watches the chart exactly as it printed, without the hindsight of the completed move, which is the fastest way to find out whether a setup was really there. Backtesting runs against years of tick data.

Their Risk Management Agent is also more than most journals attempt — it tracks daily drawdown, position size and R-multiple, and warns before the break rather than after.

Trade Replay and tick-data backtesting have no equivalent here

Real-time sync from 500+ brokers, MT4 and MT5 included

AI is metered: 500 to 3,000 credits a month, which cannot be topped up

Essential covers one trading account — a challenge plus a funded account means Pro at $59

Cruveno vs TradeZella →
04

TraderSync

Best broker coverage
$269.52/yr Pro · $449.52 Premium · $719.52 Elite

Broad and mature. Autosync across stocks, forex, crypto, futures and options, trade replay, market replay down to millisecond precision on the top tier, and an automated backtester.

Worth knowing before you buy: the Cypher AI assistant is capped by day, not by month — 5 messages a day on Pro, 15 on Premium, 60 on Elite. On a bad session that is a low ceiling.

Very wide asset and broker coverage, with a 7-day trial

Market replay with 1-minute to millisecond tick precision by tier

No prop-firm-specific rule modelling worth the name

Cypher AI limited to 5 messages a day on the entry plan

05

Edgewonk

Best for psychology
$197 for 16 months · one tier, everything included

The one tool here built around the trader rather than the trades. Its emotional and discipline tracking goes deeper in retrospect than anything else on this list, and there is no tier ladder — every customer gets the full feature set.

On a per-month basis it is also the cheapest paid option here, roughly $12.30 over the 16-month term before VAT. If your problem is psychological and you want to study it properly after the fact, this is the specialist.

Deepest retrospective psychology tooling in the category

Flat pricing, no tiers, and automatic import from 200+ brokers including MetaTrader

No prop firm rule modelling and nothing that acts during a session

Billed as a 16-month term rather than monthly, and VAT lands on top in the EU and UK

06

Tradervue

Best simple option
Free plan · $29.95/mo Silver · $49.95/mo Gold

The long-standing, unfussy option. Journalling, charts, reports and mentoring, with broker sync and a free plan to start on. If you find the newer tools cluttered, this is the calm one.

Free plan, and a mentoring feature the others do not have

Mature and stable, with a straightforward workflow

No prop firm features at all — no rule profiles, no drawdown modelling

Priced like the tools that do have them

07

MQL5 risk manager EAs

Not a journal
~$32–40 once · plus $10–15/mo if you add a VPS

On the list because they solve the problem the journals do not. A drawdown EA runs inside your MetaTrader terminal, evaluates on every tick and closes every position when your limit is hit — in milliseconds, faster than any cloud service including ours.

They also stop the moment the terminal does. MQL5 sell virtual hosting precisely so robots keep running "around the clock", which tells you what the failure mode is.

Fastest possible reaction, and no password shared with anyone

A one-time $32–40 if your machine is genuinely always on

No journal, no analytics, no behavioural data whatsoever

Stops with your terminal; one instance and one manual config per account

Cruveno vs risk manager EAs →

The capability almost none of them have

Look back at the matrix. Five of the seven tools are strong journals and empty in the first column. That is not an oversight on their part — a journal connects read-only, and read-only cannot act. Building enforcement means asking for trading rights, which is a different product with different risks.

But it does mean that if your specific failure is a drawdown rule you keep breaking, five of these seven cannot help with it, however good their analytics are. The two that can are a local EA, which depends on your machine staying up, and a cloud service, which does not.

The honest framing: most funded traders who blow an account did not lack information. They could have recited the rule that ended them. What was missing was something between the decision and the order, and no amount of retrospective depth supplies that.

What each one costs per year

Annual cost for a forex prop trader who needs a plan that actually covers forex — which rules out TradesViz's free tier. All figures were read from the vendors' own pages on 1 August 2026 and are shown in the currency each company bills in, without conversion.

ToolCheapest usable planPer yearActs on a live account
CruvenoFounding€149Yes
Risk manager EAOne-time purchase~$40 first year, $0 afterYes — while the terminal runs
TradesVizPro (forex)~$180 annually billedNo — simulator only
EdgewonkSingle tier$197 / 16 monthsNo
TraderSyncPro$269.52No
TradeZellaEssential$315No — warns
TradervueSilver$29.95/moNo
One failed challenge against one year of tooling A tall bar representing the 540 dollar fee and lost weeks of one failed 100K challenge, beside a much shorter bar representing 149 euro for a year of Cruveno. $540 One failed $100K challenge fee + weeks €149 A year of any of these roughly

Every tool on this list costs less than a third of one failed evaluation. Picking the wrong one is cheap; picking none is not.

By trader type

Futures on Apex or Topstep. TradesViz, and it is not a close call. It syncs from Tradovate, Rithmic, NinjaTrader, Sierra Chart and CQG and models the trailing drawdown types those firms use. Cruveno cannot connect to your account at all.

Forex on MT4 or MT5, first evaluation. TradesViz Pro. Use Challenge Mode to rehearse, and run your existing history through the retroactive evaluation before paying a fee. Learn the rules before you pay to be tested on them.

Forex on MT4 or MT5, already failed one or more. This is the case the enforcement column is about. If your post-mortem keeps telling you something you already knew, another analytics surface will not change the outcome.

Strategy still in development. TradeZella for the replay and tick-data backtesting, or TraderSync for the market replay. Neither of these is a prop firm question yet.

Discipline is the whole problem, and you want to study it. Edgewonk. Cheapest per month, deepest psychological tooling, and no tier ladder.

Budget is zero. TradesViz's free tier if you trade stocks, Tradervue's free plan otherwise, or a spreadsheet. A disciplined trader with a spreadsheet beats an undisciplined one with a subscription.

Which tool fits which trader A branching path. Futures traders are sent to TradesViz. Traders still learning the rules are sent to TradesViz. Traders on funded MT4 or MT5 accounts who keep breaking rules they already understand are sent to enforcement, meaning Cruveno or a risk manager EA. Futures, stocks or options? Still learning or rehearsing your firm's rules? Know the rules and break them anyway? no no yes yes yes Enforcement Cruveno, or an EA if your PC never sleeps TradesViz the better tool for that job

Two of the three branches end at a competitor. If they did not, this page would not be worth the time it takes to read.

How we compared these tools

Common questions

What is the best trading journal for prop firm traders?
For journalling and rule modelling, TradesViz. It carries 36+ prop firm profiles, all four drawdown types, a challenge simulator and a free tier, which is more prop-specific machinery than anything else on this list. We make Cruveno, and we still rank it first on that question, because it is true.
Which trading journal enforces prop firm rules on a live account?
None of the journals do. TradesViz enforces inside its simulator, TradeZella's risk agent warns before a break, and the rest track after the fact. Only two tools on this list act on a live account: a local MQL5 risk manager EA, which stops when your terminal does, and Cruveno, which closes positions server-side through MetaAPI.
Is there a free trading journal for prop traders?
TradesViz has a genuine free tier at 3,000 executions a month, though it covers stocks only, so a forex prop trader needs the Pro plan. Tradervue also offers a free plan alongside its paid Silver and Gold tiers. A spreadsheet remains free and, for a disciplined trader, is not the worst starting point.
Do I need a journal or a risk tool?
It depends on which failure you keep having. If you cannot explain why your losing weeks happen, that is an analysis problem and a journal is the answer. If you can explain it precisely and it keeps happening anyway, more analysis will not help, and you need something that intervenes during the session.
Which journals work with MT4 and MT5?
TradesViz auto-syncs from any MT4 or MT5 broker, Edgewonk imports automatically from 200+ brokers including MetaTrader, TradeZella syncs in real time from 500+ brokers with MT4 and MT5 named, and Cruveno connects through MetaAPI. If you trade futures on Tradovate or Rithmic instead, Cruveno cannot connect at all.
Which tools cap their AI features?
Two of them, and in different units. TradeZella allots 500, 1,500 or 3,000 AI credits per month by plan, and states they cannot be increased beyond the allotment. TraderSync caps its Cypher assistant at 5, 15 or 60 messages per day. Cruveno does not meter its AI.
Is Cruveno a trading journal?
It includes one, and that is a fair description of a part of it rather than the whole. Plan before the trade and reflection after it are stored separately, plus setup tags, an execution rating, mistake tags and screenshots. For depth of retrospective analysis, several tools on this page beat it. It exists for the part of the session a journal cannot reach.
Where Cruveno fits
If the rule is not the problem, the enforcement is.

Cruveno holds your session and equity drawdown limits on a live MT4 or MT5 account, from the cloud, in under a second. Prop firm templates already configured, journal and behavioural score included.

Get started — €19/month  →
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