FRZ Prop Account Guard is a free tool (EA) designed for monitoring FTMO and other similar prop trading accounts. It will basically monitor the daily loss and maximum loss limits and whenever such limits are close, trades are automatically closed so that you will not lose the test by a simple error. You just need to load the EA to one of the charts on your MT4 and then EA will start monitoring the trades on all the charts of your MT4.
Salient features:
- Daily loss & max loss guard – the EA will monitor these limits and will close the trades before the account hits any of those limits.
- Target management: EA will close all the trades when the profit target is achieved.
- Weekend auto trade close: You may opt to close trades at the end of the Friday trading to ensure trades are not kept over the weekend.
- Mobile/email notifications: You can get notifications on loss limits, target achievement or terminal being disconnected from broker server.
- Info panel: You can see all the main statistics on the screen to easily understand the current situation.
Video Tutorial
Screenshot
Detailed user manual available on the knowledgebase.
EA Specs
| Product name | FRZ Prop Account Guard |
| Forex Platform supported | MT4 |
| Time frames supported | Any |
| Supported pairs | Any pair |
| Current version | 3.0 |
FRZ Prop Account Guard MT4








Daniel –
super easy and it does the job
Dylan E –
Like its features, using it for a week
Lucas –
This is cool – thanks
Zohar –
Very well worth the money.
Patrick –
Great
Julian –
Thank you for installation support
Matthew –
Using it on live trading. thanks
Angel Hans –
A promising product, worth trying
Liam D –
Really good
Kai F –
it works!
Ryder –
Couldn’t be happier!
Kayden –
FRZ is the best!
Camden –
Good service.
Leo Menas –
I like it..
Nathaniel –
worth the money
Mateo –
Just installed… looking good
Ryan –
Best one I have used for sure
Paul –
Probably the best of its kind
Isaac –
Thank you for support
Edward –
So far so good…
Jackson –
Very flexible and well designed.
Phoenix –
This works fine!
Owen –
Doing well so far
Charles Hari –
Got some issues, but it works for me.
Avery –
Using it for few weeks; doing fine
Hayden –
Nice tool.
Samuel –
So far so good..
Tyler –
Like its features, using it for a week
Aiden –
Think this could be a potential item in the future
Nicholas –
super easy and it does the job
Max Walter –
Great
Henry Corei –
Thank you for installation support
Richard –
Very flexible and well designed.
Zane –
Very useful – thanks for support
Aadarsh K –
Really good
Kevin –
it works!
Alan H –
Using it on live trading. thanks
Levi M. –
Does this have a feature that after closing trades it will disable auto trading or close the terminal? Or can you either make a modified version of this EA or refer me to another EA that can achieve this?
ForexRobotz –
Its not technically possible
Ndumiso –
I wish i have a robot can u please help me
ForexRobotz –
pls contact us on online chat
heminy –
Great tool for FTMO traders! Thank you
ForexRobotz –
Thank you