Metrics & Payouts Explained

Every number in the PFArmour dashboard, organised by where it appears. Terms marked with an asterisk (*) are estimates that do not include erosion — actual results depend on how you trade. For the definitions of the underlying terms, see the Glossary.

Overview

• Assets — your total broker capital plus the fees of your active prop firm accounts.
• In-use capital — the assets currently deployed across your active cycles, as a percentage of total assets.
• P&L — the combined profit and loss of your closed cycles.
• Active cycles — the number of cycles currently running.
• Closed cycles — the number of completed cycles.
• Balance/Equity chart — balance is calculated at every cycle closure; equity is recalculated at every trade closure on any cycle and shows the current cumulative value of your active cycles.

Cycle detail

• Net Payout Projection — the expected monetary net outcome after reaching the live phase target you set and achieving the payout. It includes broker P&L, refunds and bonuses.
• Projected Broker Profit — the expected monetary net outcome after reaching the maximum drawdown limit of the current phase of the prop account. It includes the challenge fee and broker P&L.
• Master balance timeline — the balance chart of the prop firm account, calculated at every trade closure.
• Erosion — the cumulative friction costs of all trades closed in the cycle. See Erosion.

Accounting

• Total spent — the budget spent on prop firm challenge accounts.
• Total P&L broker — the profit and loss generated on your brokerage accounts.
• Total payouts — the fees received from prop firm payouts.
• Comparison chart — your performance with PFArmour against what it would have been without it (broker account P&L excluded).
• Activity log — the recap table of every registered transaction that affects your accounting.

Projections shown when configuring a cycle

• Expected net payout* — the expected P&L on your portfolio after reaching your live phase target and receiving the first payout on the account. It accounts for the challenge cost, refunds, bonuses and the expected broker P&L for the cycle.
• Projected broker profit* — the expected P&L on your portfolio after reaching the maximum drawdown limit on the prop account. It already accounts for the challenge cost.
• Broker deposit* — the deposit, in US dollars, that the brokerage account needs for the cycle to finish. The broker account should grow as the prop account accumulates negative performance, and shrink in the opposite case.
• Total broker deposit* — the same figure across the whole cycle when multiple phases are involved.
• Phase deposits* — the partition of the broker deposit across phases. The total can be deposited in steps as you advance: if your cycle ends at the maximum drawdown limit in phase 2, the capital required on the broker account for that scenario is phase 1 + phase 2.

Two things to keep in mind

• Erosion is not included in projections. Friction costs depend on how you actually trade, so top-ups to the broker account may be needed along the way.
• Avoid margin calls on the broker account. A trade closed on the brokerage account — for example by a margin call — does not trigger the closure of its counterpart on the prop account, and the outcome of the delay between the two closures is random. Keep enough free margin at all times.