Myfxbook review: what the track-record classic can do

What Myfxbook is

Myfxbook is a website with apps where you connect trading accounts and have them analysed. From balance, deposits, withdrawals and every trade it calculates growth, drawdown, monthly returns and dozens of metrics. If you want, you make the account public; it then appears as a “system” in a searchable list and gets its own page you can link to. Around that, a large portal has grown over the years: community forum, economic calendar, calculators, sentiment, broker and prop-firm comparisons, news and contests.

For EA buyers, Myfxbook is above all a checking tool. Many vendors link a Myfxbook profile as proof, and the ticks for “Track record” and “Trading privileges” have become something of an industry standard. What those ticks mean and what they do not is explained further down in the section on verification. How to check an EA with such evidence is also covered in our guide using the investor password safely.

According to its own FAQ, all this is paid for by advertising: “Our service is absolutely free. We make money by showing you ads.” You see that on every page, from the sponsor next to the logo to ad slots and notices about ad blockers. Paid extras have been added too, above all Live Update and an ad-free version (prices below).

1. 11. Main navigation: Portfolio (your own area, only after signing in), Backtest (new), Strategy AI, Market, Systems, Community, News, Reviews, Brokers and Prop Firms.
2. 22. Tools bar: calendar, calculators, sentiment, correlation, heat map, market hours, spreads, interest rates, education and contests. All usable without an account.
3. 33. Recent Systems: accounts recently made public, with gain, drawdown, monthly return and a mini curve. Only fully verified accounts end up here.
4. 44. Add your account: the entry point for connecting your own account; without signing in it leads to registration.
5. 55. Recent Strategies: strategies from the new Strategy AI section, also with gain and drawdown.
6. 66. Sponsor in the header: the page carries “Sponsored by” and a broker’s logo; on the systems list on 5 Oct 2026 it was a different broker.
7. 77. Earn Points: a points programme (Rewards). What you get for points was not visible without signing in.
8. 88. Community: new forum posts with user names (masked here) and view counts.

Connecting an account: investor password, EA or Live Update

Myfxbook offers three ways to connect a MetaTrader account. Which one you pick decides how current the data is, whether your computer has to run and which credentials sit with Myfxbook.

• –Investor password (server side): you enter account number, server and the investor password. Myfxbook then reads the account from its own servers without your terminal running. The investor password allows reading only, no trades. Track-record verification needs exactly this (see the next section).
• –EA Publisher: a small Myfxbook EA runs in your MetaTrader and sends the data. The investor password stays with you, but the terminal has to run or updates stop. The verification help notes that accounts connected this way first need broker and server added.
• –Live Update (paid): according to the help page, a real-time server-side sync that keeps running with the terminal closed and installs nothing locally. It costs $60 a year per account, can be moved to another account at most once every 24 hours and, per the help, is not supported in the app yet.

1. 11. How it works according to Myfxbook: processing on Myfxbook’s servers, updates even with the terminal closed, no local installation.
2. 22. Limitation: real time is available on the website only; per the help, the mobile app does not support Live Update yet.
3. 33. Price and rules: $60 a year for one account, moving it to another account at most once in 24 hours, a separate subscription per account for several at once.

How often the free route updates is not described consistently on Myfxbook’s pages: the old FAQ says five minutes for MetaTrader 4, while newer help texts present the paid Live Update as the route to current data. Without an account we could not measure it. If you choose the EA route for an EA that runs around the clock, plan for a VPS anyway.

For context: back in 2013 Myfxbook ran into trouble with MetaQuotes when its servers’ access to MT4 servers was blocked, and asked users to switch to the EA. It shows that a tracker logging in at the broker with the investor password depends on decisions made by third parties.

Verification: what the ticks mean

Verification is why Myfxbook links are so popular on sales pages. According to the help page it has two parts, and only both together unlock things such as making the account public and listing it among the systems:

• –Track record: the history on Myfxbook matches the history at the broker. Account number, investor password, broker and server must be valid; Myfxbook then checks against the broker server itself.
• –Trading privileges: whoever added the account also holds the master password, i.e. trading rights. You prove this by changing the investor password in the terminal or placing a specific pending order. You do not hand the master password to Myfxbook.

What the ticks do not say: that the strategy is good, that this is the vendor’s only account, that no losing accounts were deleted, or that an EA you buy uses exactly these settings. A vendor can connect ten accounts and publish only the best. Myfxbook itself writes in its FAQ that verified accounts may contain inaccuracies, and in its terms that performance figures on Myfxbook are to be regarded as hypothetical.

So next to the ticks, look at the start date, the track length, deposits and withdrawals, the leverage and whether open trades are hidden. The system page (next section) shows all of that; our guide trading metrics explains how to read drawdown and profit factor.

The public system page

Every public account has its own page. It is what you see when a vendor links “our Myfxbook”. We read a public system page in the archive copy of 13 Sep 2025. We show no screenshot of it: when we made the images the Internet Archive was unreachable, and myfxbook.com itself blocks our test browser. The layout from top to bottom:

• –Header: system name, user, account currency, broker, trading type (technical or manual, automated), leverage and platform; it also shows whether it is a real or demo account.
• –Labels: green ticks for track record and trading privileges, plus notes on Live Update and Cashback (rebates via Myfxbook, not checked further).
• –Subscribe: the trader offers premium access, for example to open trades. According to Myfxbook’s help the trader sets the price; we did not open a purchase.
• –Watching: notifications, watch list (“Add to watch”) and “Custom Analysis” for signed-in users.
• –Info and Stats: gain and absolute gain, daily and monthly return, drawdown, balance, equity, high, deposits, withdrawals, last update.
• –Charts and periods: growth, balance, profit, drawdown and margin, plus today, week, month and year with the change against the prior period.
• –Advanced Statistics: tabs for trades, summary per symbol, hours, days, risk of ruin, duration and MAE/MFE; metrics such as profit factor, standard deviation, Sharpe ratio, Z-score, expectancy, AHPR and GHPR.
• –Forecast (new): a projection with or without compounding or by Monte Carlo. A forecast from past trades is no promise; Myfxbook’s own terms say results are to be regarded as hypothetical.

Below the metrics come open trades, orders and history. The owner can make open trades private; the page then says “Open trades are private” and shows others a button to unlock them, often for a fee. According to the feature list, balance, lot size and broker can be hidden too. For you as a checker this means: the more is hidden, the less you can verify.

Systems list, subscriptions and copying

Under “Systems”, Myfxbook lists every verified public account. The list can be sorted and filtered and shows gain, drawdown, monthly and yearly return, badges and a mini curve. It is a shop window: whoever is at the top mostly has a high percentage gain, which is easy to reach on small accounts taking big risks.

1. 11. Sponsor: here too the header says “Sponsored by” with a broker logo.
2. 22. Selection: “Available to Subscribe”, “All Systems” and “Available to Copy”. What lies behind copying was not visible without signing in.
3. 33. Filter: opens further search criteria; we did not expand it in the archive.
4. 44. Columns: gain since start, maximum drawdown, monthly and yearly return. The list was sorted by gain.
5. 55. “AD”: the first entry carries an ad label, i.e. it is a paid placement.
6. 66. Badges such as Live Update show the type of connection.
7. 77. Subscribe: many systems offer paid premium access; “View Details” appears on the ad.

AutoTrade: for years Myfxbook had its own copy service, AutoTrade, which mirrored trades of public systems onto client accounts through partner brokers. It no longer appears in the current navigation, and according to the Internet Archive the old address has redirected since 2024. Whether and in what form copying is offered today we could not check without an account; some brokers still mention AutoTrade on their sites. If in doubt, ask Myfxbook directly.

Premium access: according to Myfxbook’s help, traders can charge a monthly fee for access to their account. That is not a subscription with Myfxbook itself but with the trader. Paid access to open trades is essentially a signal subscription; look closely at track length, drawdown, deposits and withdrawals first.

Calendar, calculators and market data

Many visitors know Myfxbook not as a tracker at all but for its economic calendar. It works without an account, can be filtered and shows previous, consensus and actual values. For EA traders it helps to plan news filters; an alternative is our own economic calendar.

1. 11. Tabs: calendar, economic calendar, interest rates and holidays.
2. 22. Period: yesterday, today, tomorrow, this and next week, plus a date picker and a search.
3. 33. Time zone: freely selectable; saving it needs an account.
4. 44. Impact: importance from none through low and medium to high.
5. 55. Values: previous, consensus and actual, coloured by whether the actual beat or missed expectations.
6. 66. Reminders: the bell marks an event; per the feature list also by e-mail. This needs an account.

On top of that come calculators (position size, pip value, margin, leverage, Fibonacci, pivot points, risk of ruin, compounding, drawdown, swap, consistency and a currency converter), sentiment and community outlook, correlation, heat map, broker spreads and swaps, COT data and a Chrome extension for the calendar. For many of these tasks AlgoVerdict has its own ad-free calculators.

Newer sections: Backtest, Strategy AI, prop firms

Myfxbook is visibly expanding. Since 2026 the navigation has shown “Backtest” (marked new) and “Strategy AI”. According to Myfxbook, Strategy AI creates MT5 strategies without coding; generated strategies appear in a public list with gain and drawdown, and there is a separate “Pricing” tab. We saw no prices there without signing in. Analysis of Strategy Tester reports (“Strategies Analysis”) has existed for longer.

For prop traders there are comparisons of prop firms and challenges, prop-firm spreads and demo accounts. The help lists articles on “Prop Shield” and “Portfolio Forecast”; what Prop Shield does exactly we could not check because the page was not in the archive. The forecast is already visible on the system page.

To be honest, these sections are the part we can judge least: they need an account, and some are only a few months old.

Myfxbook and the ATS Account Tracker

Because the operator of this site is connected to ATS, this comparison is delicate. We stick to features both sides describe publicly and to our Account Tracker review.

• –Public proof: clearly Myfxbook. Its verification is well known, the system page can be linked, and buyers know the format. The Account Tracker shares results by link but is not a public register.
• –Statistics per account: both are deep. According to its feature list, Myfxbook also filters by magic number and symbol and has a trade journal, tags, hourly and duration analysis. The Account Tracker goes further for EA portfolios (drawdown as episodes, results per magic across brokers, backtest comparison).
• –Day-to-day monitoring: the Account Tracker is ahead with server-side alerts, prop-firm limits and a connection log. Per its feature list, Myfxbook notifies you when an account stops updating and has calendar reminders, but we found no publicly described risk alerts.
• –Credentials: Myfxbook needs the investor password for a verified track record. The Account Tracker uses a read-only EA without a password, but in exchange depends on a running terminal.
• –Cost: Myfxbook is free for any number of accounts (with ads); Live Update costs $60 per account and year. The Account Tracker is free up to five accounts; Pro costs €29 a month.

In short: for showing and checking results Myfxbook is the obvious choice; for monitoring many of your own EA accounts, a tracker such as the one from ATS, or FX Blue for detailed free statistics, fits better. Many traders keep a public Myfxbook account and a private tool alongside it.