My fxbook

MyFxBook is a platform that is used as an online automated analytical tool for your forex trading account.

Contains ads In-app purchases. Everyone info. If you're a forex trader, our app is a must! Everything you need to track, analyze, and stay up to date with your forex portfolio and the forex markets on the go. Join the hundreds of thousands of other traders already using our app. Brought to you by Myfxbook - the leading social forex community with over one million trading accounts connected!

My fxbook

Besides MetaTrader 4, Myfxbook is probably the most popular tool used by forex traders, and besides the MQL5 community, Myfxbook is likely the biggest online trading community. Myfxbook has carved out an impressive spot in the forex community as a platform for traders to publish their trading activity on an independent and credible platform. Although it has other uses, the Myfxbook application is primarily used by traders to analyse trading performance in various ways, and share results that others can trust are real and genuine. Traders can connect their trading accounts via a platform such as MetaTrader 4 , cTrader or others to Myfxbook by following only a few simple steps, which will be covered in this guide. When traders sign up, they can create either a public or private profile to review their trading strategy statistics. Besides being a trading strategy analysis tool, Myfxbook also offers a popular auto-trading functionality. The traders who connect their accounts can become strategy providers and sell their signals to other traders in the community. Conversely, traders looking for more passive opportunities in the forex market can copy many of the available strategies. When a trader connects their account to Myfxbook, all of their previous deals are uploaded, and all future trades will be synchronised to generate a helpful dashboard which can show far more information than can be found in MT4. The profile shows various key performance indicators, graphs and interesting details to help traders understand and optimise how they trade. Myfxbook is a nifty tool for money managers and signal providers or developers of trading systems and expert advisors. Myfxbook is a highly trusted source of truth amongst forex traders. Traders looking to promote their performance can easily do so by sharing the link to their profile on Myfxbook.

With the account re-connection, it shows the maximal drawdown that was tracked at the moment of the account re-connection. How to calculate risk and reward in MT4 Read more. If you have either a MetaTrader 4 or cTrader account with Scandinavian Capital Markets, you can connect them to Myfxbook and begin using the service in any way you my fxbook.

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What is Myfxbook? How do I create an account? What can I find on this platform? What should I do if I want to be a provider of trading signals? In this guide, you will find everything relative to how to handle Myfxbook, a platform that has given a turn to social trading. More than […]. More than online Forex brokers offer the services of the Myfxbook platform.

My fxbook

Myfxbook provides a range of tools and services to enhance the forex trading experience. This includes economic calendars, user-friendly charts, automated analytical tools, plus copy trading. Find out why over 1,, forex traders use Myfxbook. Myfxbook was launched in by Israeli brothers and owners Alexa and Pavel Rekun. They aimed to create a community where new and experienced traders could come together and share ideas. Today, the platform spans a network of global forex traders and offers everything from trading journals and market analytics to active community forums. Myfxbook also integrates with live trading accounts so its suite of tools are available in one place. The company has more than 40 broker partnerships and works with MT4 , MT5 , cTrader and other proprietary platforms. The company is currently headquartered in Israel but caters to forex traders from around the world.

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Everyone info. The General tab displays the total result for the month of this year and the previous year. And if this is the maximal leverage, what does this information suggest to the trader? There are many flaws, but MyFxBook has been so far the only full-featured web service where a trader can conduct a full mathematical and statistical analysis, and an investor is to get acquainted with the trading performance of traders with a lower risk of dealing with scammer. I will take a random account as an example and analyze all the statistics presented. In other words, the investor cannot see the real value of the maximal drawdown on MyFxBook. Forex Trading Strategies. In the Periods block, there is trading statistics for a few periods compared to the results for the previous period. It is still being developed and upgraded, but it is far from being perfect; although, following the annual updates it becomes more and more efficient. You, as a trader, have a real account opened with a broker. Conversely, traders looking for more passive opportunities in the forex market can copy many of the available strategies. Thankfully, all of these details are configurable, allowing you to focus on the information essential to you. And here, there is an obvious flaw. Safety starts with understanding how developers collect and share your data. There is everything for comfortable trading, analyzing your trading systems and accounts, sharing ideas with other traders.

Our iOS app offers the following features: - A real-time forex calendar with complete event data and notifications. The app will keep you easily up to date with the forex markets with the help of the following sections: - Portfolio: the portfolio section will show you your Myfxbook portfolio including a growth chart, quick stats and the current status of the account trades, orders and history.

It is far from being perfect and it will not necessarily meet your expectations. The charts of these tabs show the number of transactions in the context of hours and days. The minimal risk, showed in the statistics, turns it a very high one in practice. There is everything for comfortable trading, analyzing your trading systems and accounts, sharing ideas with other traders. Only in , the developers got the right idea of what such a service should be like. You can request that data be deleted. I invite you to discuss in the comments if it is good or bad in terms of the transparency. Myfxbook has carved out an impressive spot in the forex community as a platform for traders to publish their trading activity on an independent and credible platform. You only need to provide a service with data of reports from the terminal. Each event can be drilled down for an explanation and historic levels.