Prop trading firms only succeed when their traders perform well. Since they’re putting their own money on the line, firms need a solid way to evaluate and manage traders.
That’s where Prop Pulse comes in. It’s a tool designed to help both firms and traders succeed. In this blog, we’ll show you how.
What is Prop Pulse?
Prop Pulse is a complete account management tool for prop trading firms. You can manage every step of the trader journey—from evaluation to funding—and set up custom challenges to find the best talent.
Until now, Prop Pulse only worked with MetaTrader. But now, you can connect cTrader and MetaTrader 4 and 5 servers to the same Prop Pulse account. This gives you more freedom and flexibility to run your prop trading business your way.
How to Enhance Trader Performance with Prop Pulse for cTrader
Clear, Measurable Objectives
Prop Pulse lets you set up to 20 different trading objectives per challenge step. These are concrete targets traders must hit. You can configure objectives like:
- Minimum profit targets (e.g., 8% over 30 days)
- Maximum daily loss limits (e.g., no more than 5% in a single day)
- Minimum trading days required (e.g., must trade at least 10 days)
- Maximum overall loss thresholds (e.g., an account never drops below 90% of starting balance)
Clear goals create better traders. When traders know what they need to achieve, they develop more focused strategies. Instead of trading randomly, they align their approach with your specific requirements. This clarity eliminates guesswork and creates accountability.
For example, if a trader sees they need to reach 8% profit without exceeding a 5% daily loss, they’ll develop more consistent risk management rather than taking outsized positions hoping for a lucky break.
Structured Progression Path
Prop Pulse creates a roadmap from evaluation to funded trading through multi-stage challenges. Each stage builds upon the previous one to help traders develop increasingly sophisticated skills.
The Evaluation phase starts when a trader purchases a challenge on cTrader. You can create unlimited challenges with multiple steps, gradually increasing difficulty as traders progress. Once they’ve passed the challenge, traders move to the partnership phase and get funded accounts through profit-sharing.
This benefits traders in several ways:
First, it creates achievable milestones. Instead of facing one challenge, traders must successfully clear smaller challenges that build confidence.
Second, it ensures skill development before accessing actual capital. Since traders use demo accounts, they don’t have access to funded accounts unless they prove their skills.
And finally, it teaches patience. Traders learn that sustainable success comes from consistent execution rather than lucky gambles. The system automatically moves traders through these stages when they meet your criteria.
Detailed Performance Metrics
Prop Pulse tracks performance metrics that give traders insights into their trading patterns. Here are some of the metrics it looks at:
- Average daily P&L (showing consistency across trading sessions)
- Average trade duration (revealing whether trades are closed too early or held too long)
- Maximum daily profit (identifying days with optimal performance)
- Best and worst trades (highlighting what works and what doesn’t)
- Initial balance vs. current performance (tracking progress toward objectives)
These can be used as feedback to help you identify and fix issues in your approach. For example, a trader might find that their average winning trade is 45 minutes and losing trades are 3 hours. This insight helps them recognize when they’re holding losing positions too long.
Risk Management Controls
Prop Pulse includes powerful risk management features that protect your capital while teaching traders discipline.
The system allows you to set flexible thresholds that automatically close positions when predefined risk levels are reached. If a trader exceeds their maximum daily loss limit, the platform can trigger position closures and set the account to “Read Only” status.
This has several advantages: it prevents catastrophic losses that could otherwise wipe out an account, and it trains traders to internalize proper risk management. When traders know there are real consequences for excessive risk-taking, they develop more thoughtful approaches. They learn to size positions properly, manage losing trades promptly, and avoid overtrading.
Automated Progression Management
Prop Pulse automatically moves traders through your challenge and evaluation process. Once a trader meets your criteria, the system advances them to the next stage.
Prop Pulse manages everything on cTrader, from initial account setup to funded status updates. When someone completes Phase 1, Prop Pulse can prepare their Phase 2 account with the right balance and settings. After they finish all evaluation steps, it creates their funded account with your profit-sharing terms already in place.
Your traders will love this, too. Instead of waiting days for someone to review their results, they get instant progression when they succeed. They request to move forward through their portal, and the system checks their performance. If everything looks good, they’re on to the next stage immediately.
You still have control, though. You can set which steps require manual approval and which can happen automatically. This way, you only need to step in for the cases that need your attention.
The Bottom Line
When traders improve their skills, your capital faces less risk and generates more consistent returns.
Prop Pulse improves trader performance by creating specific, measurable objectives, structured progression paths, detailed performance metrics, and risk management guardrails on cTrader. It’s a platform that evaluates traders and develops them into better performers who can generate sustainable profits for your firm.
