Myfxbook alternative

A Myfxbook alternative, fairly compared.

Myfxbook is free, connects to seven trading platforms, and runs an ownership check we do not. It publishes what an account did. We journal why you did it — which is a different job, not a better one.

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Read this first

Where Myfxbook is the better choice.

Myfxbook does one thing — turn a broker account into a public, verified set of statistics — and on its own terms it does it well. If that is what you need, this page should end with you staying there.

Genuine Myfxbook advantages

  • 01
    It is free. Their FAQ answers the pricing question in two sentences: “No. Our service is absolutely free. We make money by showing you ads.” We have a free plan, but the plans that read MT5 are paid.
  • 02
    Far wider platform coverage. Their help documents connection methods for MetaTrader 4 and 5, cTrader, TradeLocker, MatchTrade, Oanda and DxTrade. We read MetaTrader 5 and nothing else.
  • 03
    Their verification tests something ours never does. Alongside the track record, Myfxbook checks “Trading Privileges” — that whoever added the account holds its master password. We have no equivalent and do not pretend to.
  • 04
    Real-time updating is on offer. Their Live Update runs on Myfxbook’s own servers and keeps updating with the terminal closed. Our MT5 sync checks for new closed trades roughly once an hour.

Where TradingSocial differs

  • 01
    The decision is recorded next to the result. Notes, the strategy, a mistake tag and an R multiple sit on the trade itself, not in a separate document.
  • 02
    Every trade carries a label saying how it arrived — typed, imported from a statement, or synced from a connected broker. The system sets it; the trader does not choose it.
  • 03
    A weekly review reads your own entries back to you, with the sample size behind each observation stated.
  • 04
    Australian, priced in Australian dollars.
The difference that isn’t a feature

A record of results, or a record of decisions?

Both products end in a page a stranger can open. What sits on that page is the whole difference, and neither side is missing the other half by accident.

What Myfxbook publishes

  • —
    The account’s statistics, worked out from data pulled off the broker: gain, drawdown, monthly returns, and the advanced statistics their help describes — profit factor, averages, z-score.
  • —
    Numbers the trader did not type. That is the point of them, and it is why their track-record check exists: to say the history on Myfxbook matches the history at the broker.
  • —
    Their published help covers connection methods, statistics, charts and prop-rule monitoring. We found no article in it describing per-trade notes, tags or a reason field, which is why those rows below say “not documented” rather than “no”.

What TradingSocial publishes

  • —
    The same closed trades, plus what you wrote at the time: the setup, the rule you kept or broke, the mistake tag, the R multiple.
  • —
    A per-trade source label, so a reader can see how much of a record was typed by hand and how much came out of MT5 — rather than being asked to treat the whole page as one claim.
  • —
    A statistics page too. It is honest and it is useful. It is not the reason to be here, and on breadth of statistics alone Myfxbook has the older, deeper implementation.

Every Myfxbook claim on this page comes from myfxbook.com — its FAQ, About page and help articles — read 23 September 2026. Capabilities change: check myfxbook.com for what it does today, and tell us if anything here has gone out of date.

Same word, two claims

What “verified” means on each site.

This is the row most comparison pages fudge. Ours is the smaller claim of the two, and we would rather write that down than let a reader assume otherwise.

The Myfxbook verified badge

  • —
    Track Record. In their words, it “indicates to users that the account’s trading history shown on Myfxbook matches the account’s trading history provided by the broker on the trading platform.”
  • —
    Trading Privileges. It “confirms that the individual who added the trading account possesses the master password, signifying ownership or the ability to execute trades on the account.”
  • —
    Both are gates rather than decorations: their help states that before an account can be set public, it must first be fully verified.
  • —
    Their FAQ states the limit itself — “verified accounts might have some inaccuracies which are out of our control”. We quote that as candour, not as a criticism.

What our label actually says

  • —
    One thing: how the trade got here. Typed by hand, imported from an MT5 statement, or synced from a connected MT5 account. The label is set by the system, not chosen by the trader.
  • —
    It is not an audit. Nobody here inspects your broker, and a statement file can be edited before it is uploaded. Manually logged trades stay marked manual for exactly that reason.
  • —
    We do not check that you can trade the account. Myfxbook does. If a badge that tests ownership is the thing you need, take it from them.
  • —
    Execution fields on imported and synced trades are locked once they land — you can add notes and tags, but not rewrite the prices. What a public profile shows spells out the rest.
Side by side

Capabilities, not scorecards.

No feature counts and no scores: both change, and a stale number in a comparison table is just a wrong claim about someone else’s product. Where we could not confirm something from Myfxbook’s own material, the cell says so instead of guessing.

Capability Myfxbookas published TradingSocialtoday
Getting trades in
Platforms with a documented connectionMT4, MT5, cTrader, TradeLocker, MatchTrade, Oanda, DxTradeMetaTrader 5 only
Update frequencyReal-time on a paid plan; 5 minutes to 4 hours otherwiseHourly on Pro Trader
Upload a statement fileNot documentedTrader plan
Manual trade loggingNot documented
Verification and sharing
Checks the record matches the broker’s—
Checks the person can trade the account—
Public page anyone can open
Per-trade label for how the trade arrivedNot documented
The journal itself
Notes on an individual tradeNot documented
Mistake taggingNot documented
Weekly review delivered by emailNot documented
Prop-firm rule trackingProp Shield, against the firm’s limitsSix rules, scored per trade
Cost
Free to useFree, ad-supportedFree plan, paid for MT5
Priced in Australian dollars—

“Not documented” means we could not find it stated on myfxbook.com as at 23 September 2026 — not that it does not exist. If we have got something wrong, tell us and we will correct it. Their free calculators are worth knowing about either way; ours are narrower, and the position size calculator runs without an account.

Honest recommendation

Which one you should actually use.

Choose Myfxbook if

  • →
    You want a free, public, broker-matched record of results and nothing beyond it.
  • →
    You do not trade MetaTrader 5. Their list covers six other platforms; ours covers none of them.
  • →
    You need a badge that tests account ownership, not only where the data came from.
  • →
    You are browsing other people’s systems to follow or to hire, which is what their directory is built for.

Choose TradingSocial if

  • →
    You want the reason for a trade recorded beside its result, and reviewed a week at a time.
  • →
    You trade MT5 and want closed trades to arrive without retyping tickets.
  • →
    You want a reader to see which parts of a record were typed and which came from the broker, trade by trade.
  • →
    You would rather pay in Australian dollars.
Common questions

Myfxbook alternative — frequently asked

QIs TradingSocial a Myfxbook alternative?

For some traders, and not for others. Both turn a trading account into a page a stranger can open. Myfxbook publishes the account’s statistics, computed from broker data. We publish the same closed trades with what you wrote next to them, plus a system-set label for how each one arrived. If a free, broker-matched record of results is all you want, Myfxbook already does that, across far more platforms.

QIs Myfxbook free?

Their FAQ answers it in two sentences: “No. Our service is absolutely free. We make money by showing you ads.” One feature is separately paid — their Live Update help page states the subscription is “billed yearly at $60 and can be applied to one account at a time”. Both read 23 September 2026. Our free plan is real, but statement import is on Trader and MT5 sync is on Pro Trader.

QWhat does the Myfxbook verified badge certify?

Two checks, in their own words. Track Record: the history shown on Myfxbook “matches the account’s trading history provided by the broker on the trading platform”. Trading Privileges: whoever added the account “possesses the master password, signifying ownership or the ability to execute trades”. An account has to pass both before it can be made public.

QDoes TradingSocial verify trades the same way?

No. Our label records one thing: how a trade reached the journal — typed, statement-imported, or broker-synced. It is set by the system and imported execution fields are locked once they land, but it is not an audit. A statement can be edited before upload, and we never test whether you can trade the account you connected. Myfxbook’s privileges check does test that. Ours does not.

QCan a Myfxbook track record be faked?

We will not characterise someone else’s product, so here is their FAQ verbatim: “We are taking every possible measure to ensure that track records are not faked”, with the caveat that “verified accounts might have some inaccuracies which are out of our control”. We make no stronger claim for our own labels either — the point of a journal is the thinking it records, not a guarantee.

QCan I use both?

Yes, and a fair number of people should. Myfxbook for a free public record of what the account did, a journal here for why you did it. They answer different questions and neither replaces the other.

Fourteen days of Pro Trader, no argument.

If a free public record of results is what you are short of, Myfxbook is the better answer and this page has done its job. If what is missing is the reasoning behind the trades, try this one.