Connect one MetaTrader account to both services and you get two statistics pages describing the same trades. The equity curve matches. The trade list matches. Almost everything else, from how drawdown is expressed to what a stranger can see, comes down to design choices each platform made about who it is for.
How each one gets your data
The standard route on both is the investor password, the read-only credential MetaTrader issues alongside the trading password. It exposes history and open positions and cannot place, close or modify anything, and it cannot move money. Both platforms also offer a small program that runs inside the terminal and pushes updates, which some traders prefer because it does not involve handing over a credential at all.
Either way, treat the connection as an account you manage. If you stop using a service, disconnect it and change the investor password. Not because either platform has given anyone reason for concern, but because a credential you have forgotten about is a credential you are no longer supervising.
One practical difference shows up on prop firm and broker accounts that sit behind a portal rather than a standard terminal login. If the firm does not issue an investor password, the terminal program is the only route, and some firms restrict what can run inside their environment. Check that before promising anyone a public record, because discovering it at the point of a payout application is an awkward conversation.
What "verified" means, and what it does not
Both services distinguish between statistics pulled from a trading server and numbers somebody typed in. That distinction is the whole value of a verification badge: it rules out the edited screenshot. Our introduction to Myfxbook and the companion piece on FX Blue go through each platform's own wording.
What a badge cannot tell you is whether the account is live or demo, whether money was deposited during a losing stretch to flatten the drawdown line, whether the sample covers six weeks or six years, or whether this is the survivor of nine accounts opened at the same time. Those questions are answered by reading the page rather than the badge, and they are the ones that matter when you are assessing somebody else's record.
| Question | Myfxbook | FX Blue |
|---|---|---|
| Centre of gravity | Public profile and community directory | Analytics plus a set of trading tools |
| Typical use | Publishing a record others can check | Studying your own results in detail |
| Connection | Investor password or terminal program | Investor password or terminal program |
| Extras beyond stats | Copy service, calendar, embeddable widgets | Trade copier, simulator, terminal utilities |
| Best fit | Signal providers, traders sharing results | Traders reviewing their own execution |
The metrics, and the ones worth arguing about
Both report the familiar set: net result, win rate, average win and loss, profit factor, maximum drawdown, trade count, and breakdowns by instrument, by day of week and by hour. That last group is the genuinely useful part, because it answers questions you cannot see from an equity curve. If your losses cluster in one session or one symbol, the hourly breakdown finds it in a minute.
Trade count is the figure most people skip and most people should read first. Thirty trades is an anecdote whatever the equity curve looks like, and a page showing a handsome profit factor over three weeks is describing luck as competently as it describes skill. Both platforms print the number plainly near the top; it costs nothing to look at it before anything else.
Two other figures deserve care. Drawdown can be measured on balance or on equity, over closed trades or including floating loss, and the equity version is the honest one for anyone who holds losing positions. Return can be expressed against starting balance, against average balance, or annualised from a short sample, and annualising ten weeks of results produces a number that means nothing. Read the definition each platform uses before comparing across them.
Analytics describe what already happened. A tidy set of statistics from a short period is a description, not a forecast, and no metric on either platform changes the fact that leveraged trading carries a high risk of loss.
Sharing, and how much you give away
Myfxbook grew up around a public community, and the sharing controls reflect that: a portfolio page, adjustable privacy on individual fields, embeddable widgets and a directory where systems can be browsed by strangers. If your aim is to hand somebody a link they can verify, that is the natural home, and it is also where the copy service sits.
FX Blue leans toward the trader looking at their own numbers, with a wider set of terminal utilities around the analytics: a copier, a simulator for practising on historical data, and small tools that sit on the chart. The statistics page can be shared, but the platform is not organised around being browsed.
Whichever you use, decide deliberately what is public. A published account shows your instruments, your session, your typical size and your holding times. That is fine when you are demonstrating a record and less fine when it is simply a default you never looked at.
Which one to pick
If you need to prove a record to somebody, use the platform with the stronger public profile and the sharing controls built for it. If you are reviewing your own trading and want the terminal-side tools alongside the numbers, the workbench is the better fit. Running both costs nothing but a second credential, and comparing two calculations of the same drawdown is a fast way to learn what each one actually measures.
Neither replaces a written journal. Both tell you what you did; only your own notes record what you were thinking when you did it, which is where the repeatable mistakes live. Pair either platform with the habit described in our trading journal guide and the analytics start pointing at causes rather than symptoms.
"The badge tells you the numbers were not typed in by hand. Everything else you still have to read, starting with whether the account is real and how long it has been running."
— Alex Onta, Executive Director, SINGUARD
Key Takeaways
- Both connect through a read-only investor password or a terminal program, and both read the same underlying history.
- Verification rules out edited screenshots; it says nothing about demo accounts, added deposits or sample length.
- Check whether drawdown is measured on equity or balance before comparing a figure across platforms.
- Choose the public-profile platform to prove a record and the workbench to study your own execution.
Frequently Asked Questions
Is an investor password safe to give an analytics site?
An investor password is read only by design: it shows account history and open positions and cannot place, modify or close trades, and it cannot be used to withdraw. It is still a credential, so it belongs only with a service you have chosen deliberately, and it should be changed when you stop using that service.
Does a verified badge mean the results are real?
It means the platform pulled the history from the trading server rather than accepting an upload. That rules out edited screenshots, but it says nothing about whether the account is live or demo, whether deposits were added during drawdown, or whether the sample is long enough to mean anything.
Can I use both platforms on the same account?
Yes. Both read the same trade history, so running them side by side is common, and it is a practical way to see whether a statistic you rely on is calculated the same way by two different tools. Each connection is a separate credential to manage.