Screenshots are free. Anyone can crop a winning week, paste a five-digit balance into an image editor, or run a demo account and present it as real money. Myfxbook exists because of that exact problem: it plugs into the trading account itself, pulls the full history from the broker's server, and publishes statistics that the account owner cannot quietly edit. Since the late 2000s it has been the default answer to the only question that matters when someone sells performance: prove it.
How the connection works
You link an account by giving Myfxbook read access, most commonly through a MetaTrader investor password, which allows viewing trades but not placing them, or through a publisher EA or supported API for other platforms. From then on the service syncs automatically: every open, close, deposit and withdrawal flows into the page. Nothing depends on the trader remembering to upload results, which is precisely the point. Selective memory is the most common editing tool in this industry.
The two badges, and what each proves
A Myfxbook page can carry two verifications, and the difference matters. Track record verification confirms the trade history is complete and synced from the broker rather than typed in, so no trades have been deleted or invented. Trading privileges verification confirms the person publishing the page actually controls the account rather than mirroring someone else's. A page with only one badge is telling you something. A page with neither is a brochure, and should be read as one.
The statistics that matter
The headline gain number is the least useful figure on the page. Look instead at absolute gain against deposits: a page showing +300% can hide the fact that the balance grew mostly through fresh deposits after losses. Drawdown tells you the worst peak-to-valley fall the equity took, and it is the first number a professional checks, because it prices the pain of holding the strategy; our drawdown guide explains the variants. Profit factor and expectancy describe whether the average trade earns more than it loses. Track length beats everything: three profitable months prove weather, three profitable years suggest climate.
How pages mislead without lying
Verification proves the data is real. It does not prove the data is representative, and the gap between those two is where the tricks live. Privacy settings can hide open trades, so a page can show closed winners while a drowning position sits invisible and unrealised. History can be partially hidden. Demo accounts can be published alongside real ones and skimmed past in a sales pitch. And the oldest trick needs no settings at all: run ten accounts, blow up seven, show the best one. Anyone thinking of paying for signals should read our guide to evaluating signal services before trusting any single page, however green.
Check three things in the first minute: both verification badges present, open trades visible, and track length over a year. If any of the three is missing, the burden of proof stays with the seller.
What else the platform does
Beyond published pages, Myfxbook runs community forums, an economic calendar, market correlation tables and outlook data showing the aggregate positioning of its users, a crude but interesting sentiment read. Its AutoTrade service turns the audited pages into something you can copy directly, which deserves its own scrutiny and gets it in our AutoTrade review. For self-directed traders the analytics work as a free journal: connect your own account and the same unforgiving statistics apply to you, which is exactly why it is worth doing.
Where it fits in a trader's toolkit
Use Myfxbook in two directions. Outward, as a filter: any signal seller, account manager or mentor claiming results should be able to produce a fully verified, multi-year page, and the ones who respond with screenshots have answered your question already. Inward, as a mirror: your own verified page removes the small self-deceptions that private spreadsheets permit. Alternatives exist and one of the strongest is free, as our FX Blue review covers, but the habit matters more than the brand: trade as if the record will be public, because with these tools it can be.
"A verified page is the minimum, never the proof. For every account someone shows me, I assume a few more died quietly. Ask how many accounts they run before you admire the one they picked."
— Alex Onta, Executive Director, SINGUARD
Key Takeaways
- Myfxbook syncs trades directly from the broker through read-only access, so published history cannot be quietly edited.
- Two badges mean two different things: track record verification covers the data, trading privileges verification covers account ownership.
- Read drawdown, absolute gain and track length before the headline gain; deposits and hidden open trades can dress up a weak record.
- Verification proves the numbers are real, never that they are representative; survivorship across multiple accounts remains the classic trick.
Frequently Asked Questions
Is Myfxbook free to use?
The core service, connecting accounts, publishing results and browsing other traders' pages, is free. Revenue comes from other parts of the business, including its copy trading service and broker relationships, which is worth remembering when reading anything promotional on the site.
Can a Myfxbook page be faked?
A fully verified page with both badges is hard to fabricate, but presentation can still mislead. Sellers can hide history or open trades with privacy settings, show a demo account, or display one lucky account out of many abandoned ones. Verification proves the data is real, never that it is representative.
Does connecting Myfxbook give it control of my trading account?
A read-only connection through an investor password lets Myfxbook read trade history but not place orders. Never share a master password with any analytics service, and use a dedicated investor password you can revoke at the broker.