Retail MetaTrader traders should use it — the core product is free and it's the de facto track-record standard. Skip it if you trade off MetaTrader or won't connect your broker account.
Confidence
Medium. Based on 14 public sources
Ratings
Value for money
Ease of use
Feature depth
Support qualityNo support evidence in sources
Security posture
Pricing
$0
Free
ModelNot disclosed
Monthly feesNot disclosed
HardwareNot disclosed
Free tierYes
Ad-Free$10/month
Best for
→MetaTrader forex traders tracking live performance
→EA developers proving verified track records
→Prop-firm traders documenting results
→Copy traders vetting signal providers
Not for
×Traders off MetaTrader platforms
×Anyone unwilling to share read-only broker access
×Buyers trusting signal track records at face value — stats are gameable
Gotchas - check before you buy
high
You must grant read-only broker access; users have questioned data safety for a decade.
medium
Your verified history lives on Myfxbook; moving to rival journals means starting over.
medium
AutoTrade copy feature has drawn repeated user complaints over the years.
low
Ad-supported free tier; ad-free runs $10/month.
Pros and cons
Pros
+Free core analytics for MetaTrader accounts
+De facto standard for verifying forex track records
+Advanced metrics: risk of ruin, drawdown, duration
+CySEC-regulated platform since 2014
+Free lot-size calculators and economic calendar
Cons
−Track records can be faked or manipulated
−19,510 user credentials surfaced in infostealer logs
−'SCAM MYFXBOOK' threads persist on trader forums
−Requires connecting broker account; safety questioned since 2015
−Free tier shows ads; removal costs $10/month
Sources & method
- 12 sources - No confirmed breach of Myfxbook itself, but 19,510 domain credentials circulate in infostealer logs; no security page found.
official x4review x5security x2news x1
19,510 credentials in infostealer logs, Hudson Rock lists 19,510 exposed credentials from malware-infected users — user-side compromise, not a confirmed server breach.
No public security page, returned no security page in this review.
Key stats
Value for money: 5/5
Rating
$0
Starting price
12
Sources
Analyzed
Value for money: 5/5. Core product free; $10/mo maximum
Ease of use: 4/5. App Store users praise the app
Feature depth: 4/5. Analytics, AutoTrade, calendar, sentiment, broker reviews
Support quality. No support evidence in sources
Security posture: 2/5. 19,510 leaked credentials; no security page
Yes Free tier Core analytics free, ad-supported
$10/mo Ad-free plan Only listed paid tier
19,510 Leaked credentials In infostealer logs (Hudson Rock)
CySEC Regulation Licensed since 2014
Pricing
Free
$0
Account analytics
Community, calendar, broker reviews
Ad-Free
$10/month
Removes ads
Security
No confirmed breach of Myfxbook itself, but 19,510 domain credentials circulate in infostealer logs; no security page found.
19,510 credentials in infostealer logsHudson Rock lists 19,510 exposed credentials from malware-infected users — user-side compromise, not a confirmed server breach.⁴
No public security pagereturned no security page in this review.⁵
What users say
Users praise the free analytics and mobile app, but trader forums warn stats can be manipulated and account safety is a recurring worry.
19,510 — Leaked credentials (In infostealer logs (Hudson Rock))
CySEC — Regulation (Licensed since 2014)
Value for money: 5/5. Core product free; $10/mo maximum
Ease of use: 4/5. App Store users praise the app
Feature depth: 4/5. Analytics, AutoTrade, calendar, sentiment, broker reviews
Security posture: 2/5. 19,510 leaked credentials; no security page
Security notes
No confirmed breach of Myfxbook itself, but 19,510 domain credentials circulate in infostealer logs; no public security page found.
19,510 credentials in infostealer logs. Hudson Rock lists 19,510 exposed credentials from malware-infected users — user-side compromise, not a confirmed server breach.4
No public security page. returned no security page in this review.5
What to use instead
TradesViz — Journal that imports your Myfxbook trades https://www.tradesviz.com/brokers/Myfxbook
JournalPlus — Trading journal marketed directly as a Myfxbook alternative https://journalplus.co/alternatives/myfxbook
Traders Casa — Backtest-first alternative to Myfxbook https://traderscasa.com/compare/myfxbook-alternative
Journalytix — AI trading journal compared head-to-head with Myfxbook https://pipjournal.ai/compare/journalytix-vs-myfxbook
Sources
1.Trustpilot reviews of myfxbook.com https://www.trustpilot.com/review/myfxbook.com
2.Be cautious of Myfxbook stats. They can be manipulated. https://www.forexfactory.com/thread/588456-be-cautious-of-myfxbook-stats-they-can-be
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