Frequently Asked Questions

Connecting TradingView to brokers for prop firm trading requires a webhook automation service like PickMyTrade. Here's how it works: First, you'll need a TradingView Pro subscription or higher to access webhook alerts. Then, connect your broker account through PickMyTrade's secure platform, which bridges TradingView alerts to your broker using APIs. Simply create your TradingView strategy, set up webhook alerts, and PickMyTrade executes trades automatically with zero coding required. Their dashboard provides real-time monitoring, trade history, and performance analytics for all your prop firm accounts.

To automate your prop firm trading, you need: (1) A prop firm account with API access or a compatible broker, (2) TradingView Pro subscription or higher for webhook functionality, (3) Minimum account balance as required by your prop firm, and (4) The broker platform configured for API connections. Automation services like PickMyTrade handle the technical setup, connecting your TradingView alerts to your broker with sub-millisecond execution speed.

While brokers offer robust APIs in Python, Java, and C++, building your own integration requires significant development time, server infrastructure, and ongoing maintenance. You'll need to handle webhook parsing, order management, error handling, and 24/7 uptime. PickMyTrade provides a no-code solution that's production-ready and battle-tested by thousands of traders. It includes multi-account management, advanced risk controls, and prop firm rule enforcement out of the box. For most traders, especially those focused on trading rather than coding, PickMyTrade delivers better ROI, faster setup, and enterprise-grade reliability without the development overhead.

Yes, automation is specifically designed for prop firm traders. It helps you pass evaluation challenges by ensuring disciplined execution, precise risk management, and rule compliance. Whether you're trading FTMO, MFF, Apex, or other prop firms, automation eliminates emotional trading and manual errors. The system automatically manages position sizing, stop losses, and daily drawdown limits according to your prop firm's rules. Services like PickMyTrade support all major forex and futures prop firms.

Yes, PickMyTrade supports multi-account management for prop firm traders. You can connect multiple broker accounts and manage different prop firm challenges simultaneously from a single dashboard. This is particularly useful if you're running multiple FTMO, MFF, or Apex evaluations, or managing both personal and funded accounts. Each account can have independent risk settings, position limits, and trading rules. PickMyTrade ensures trades are properly routed to the correct accounts based on your TradingView alert configuration, with separate performance tracking for each account.

Yes, PickMyTrade uses bank-grade encryption with end-to-end SSL/TLS protocols. Your broker API credentials never touch their servers - they're stored securely in your local environment or encrypted cloud storage. Only trade signals are transmitted via secure webhooks, and your broker account maintains full control with built-in risk limits. You can revoke API access at any time through your broker account settings. PickMyTrade ensures zero-knowledge security architecture, meaning they never have direct access to your funds - only your broker has withdrawal permissions.

PickMyTrade supports forex pairs, futures contracts, stocks, ETFs, options, and more depending on your broker and prop firm. Most prop firms focus on forex (FTMO, E8 Markets) or futures (My Funded Futures, Apex). PickMyTrade supports all broker-compatible instruments, making it ideal for diverse trading strategies. For prop firm traders, typical instruments include major forex pairs (EUR/USD, GBP/USD), futures contracts (ES, NQ), and liquid assets. Ensure you have the appropriate data subscriptions and market permissions for your chosen instruments.

PickMyTrade delivers sub-millisecond execution from TradingView alert to broker order placement. Their infrastructure uses optimized webhook processing, direct API connections to brokers, and cloud servers strategically located near major exchange data centers. This means your TradingView strategy alerts are converted to live orders almost instantaneously, minimizing slippage and ensuring you capture the intended entry prices. For prop firm traders, PickMyTrade's fast execution is critical for meeting challenge requirements and maintaining consistent performance.

Most brokers and prop firms provide demo or paper trading accounts that mirror real market conditions without risking capital. PickMyTrade supports paper accounts for testing your TradingView strategies and webhook configurations. We recommend testing for at least 2-4 weeks to validate your strategy performance, ensure proper order execution, and verify that risk management rules work correctly. PickMyTrade offers a 5-day free trial to test your complete setup, including TradingView alerts, webhook delivery, and order placement, before committing to live trading or prop firm evaluations.

The most common issues include: (1) API connection failures - ensure your broker platform is running and API settings are enabled, (2) Insufficient buying power - brokers require adequate margin for positions, (3) Market data subscriptions - you need proper data bundles for the instruments you're trading, (4) TradingView webhook delays - ensure your alerts are configured with correct JSON formatting. PickMyTrade's dashboard provides real-time monitoring and alerts for these issues, with automatic reconnection and detailed error logs. Their support team handles troubleshooting 24/7, so you can focus on trading strategy rather than technical problems.