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Myfxbook alternatives: 7 account monitoring services

What to use instead of Myfxbook: MQL5 Signals, FX Blue, FXmonitor, Edgewonk, Tradezella, TradesViz and Davinchu — MetaTrader connection, public statistics, journal, crypto and prices.

PublishedOctober 11, 2026UpdatedOctober 13, 2026AuthorDavinchu teamReading time11 min

Articles

All articlesDavinchu TradeOS overviewHow to use MT5Compound interestForex trading sessionsFunding rateCopy trading: picking a traderGrid and martingale riskMT5 tester vs live accountYour first 30 days in tradingStop loss and take profit in MT5Margin, margin call, stop outMT4 vs MT5Edgewonk vs DavinchuTradezella, TradesViz, DavinchuFX Blue vs DavinchuIntelinvest, Snowball, DavinchuLiquidation price: Bybit, BinanceInvestment tracking: Excel or appChecking an EA before buyingSelling EAs and signalsMT5 alerts in TelegramWhy an EA isn't tradingVPS for an EAPassing a prop challengeEvaluating a strategyTrading plan and checklistTilt and overtradingMT5 investor passwordInstalling an EA in MT5Showing results to investorsReturn: TWR and XIRRBybit trade historyCrypto portfolio trackingReviewing students' journalsTrading teamProfit factorTrading expectancyRisk/reward ratioThe 1% ruleSharpe, Z-score, AHPR, GHPRTrailing vs static drawdownLimiting losses in MT5Crypto trading journalRead-only API keyLot size calculationTrading journal templateMT5 account monitoringMyfxbook alternativesTrading journal for MT5Prop firm risk managementCalculating drawdownStocks from IBKR and T-BankJournals and monitoring compared

In short. Myfxbook is valued for free account statistics that it checks against the broker. But it is a shop window for results: its official pages describe no trade journal with review and no risk limits, and crypto exchanges are not among its connections. The alternatives each cover one job: selling a signal (MQL5), publishing statistics (FX Blue), watching EAs (FXmonitor), reviewing trades in a journal (Edgewonk, Tradezella, TradesViz). Davinchu puts monitoring, a journal, risk limits and a public link in one dashboard: MetaTrader 4 and 5 accounts and Bybit and HTX futures fill the journal on their own, the risk manager enforces limits right in the MetaTrader 5 terminal, and results open by link. The Free plan covers two accounts at no cost.

Davinchu is our product. About other services we only state what their official pages say as of 11 October 2026; prices and features change. A dash in the table means the official page does not mention it.

What Myfxbook does

Connecting MetaTrader 4 and 5 is free — via the investor password (updated every few hours) or an EA (every 5 minutes); real time costs $60 per year per account. An account can be made public only after two checks: the history matches the broker, and the owner holds the trading password. Crypto exchanges are not among its connections, and its official pages describe no trade journal with review and no risk limits: Myfxbook shows the result but does not help you improve it.

Alternatives compared

ServicePurposeMetaTraderPublic statisticsJournalCrypto exchangesPrice
MQL5 Signalsselling copy-trading subscriptionsMT4, MT5 — investor passwordyes, real accounts only——the provider sets the price, the service keeps 20%
FX Blue Livepublishing and analysing historyMT4, MT5 — Publisher EAyes, embeddable on your site——free
FXmonitorlive control of EAsMT4, MT5 — EA, the terminal must run— (viewing requires login)——1 account free; PRO — ₽249.90 per month
Edgewonkjournal and psychologyMT5 — an EA, MT4 — FTP reportsno, the public profile was removed in 2024yesBybit, Coinbase, Phemex, MEXC$197 per year
TradezellajournalMT4, MT5 — investor passwordtrade sharing, no verificationyesBybit, Coinbasefrom $35 per month, from $26 billed yearly
TradesVizjournal and analyticsMT5 — investor password or EA; MT4 — FTPsharing, no verificationyesBinance, Bybit, OKX, Coinbase and othersBasic free — stocks only; Pro and Platinum paid
Davinchumonitoring, journal, risk limits and a public link in one dashboardany forex and CFD broker on MT4 and MT5, prop firms included — EAyes, you choose the fields; trades and balance cannot be edited in the dashboardyes, fills itselfBybit and HTX futures, Bybit spot; Binance, OKX, BingX balances — in the portfolioFree — 2 accounts at no cost, paid from $9 per month

MQL5 Signals

The MetaQuotes service for those who sell copy trading. It requires seller registration with identity verification; a signal connects via the investor password, trades are read by the server, and the statistics — balance, equity, deposits, withdrawals, growth, drawdown — are public in real time. Real accounts only; a signal on a real account must be paid. Overkill if you want to show results rather than sell a subscription: in Davinchu a public account link is one switch in the account settings, on the Free plan too.

FX Blue Live

A free service for publishing and analysing MetaTrader 4 and 5 history. The Publisher EA sends data every 5 minutes and on every trade; results can be embedded on your site. A broker check of the history like Myfxbook's is not stated on the official page, and neither are a trade journal with review or crypto exchanges. In detail — «FX Blue vs Davinchu».

FXmonitor

Live monitoring of running MT4 and MT5 EAs through its own EA in the terminal: free for one account with updates once a minute, every 10 seconds on paid plans. On the free plan data is not stored; its pages do not mention public statistics, a journal or crypto exchanges.

Edgewonk, Tradezella and TradesViz

These are trade journals, not public monitoring. Edgewonk is an annual subscription focused on psychology; since August 2026 it has an auto-import EA for MT5, and its public profile was removed in 2024. Tradezella connects MetaTrader via the investor password and can share trades. TradesViz connects MT5 via the investor password or an EA and MT4 via FTP, supports many crypto exchanges, and its free Basic plan is for stocks. None of them claims verified statistics for investors. Detailed comparisons — «Edgewonk alternative» and «Tradezella and TradesViz».

What Davinchu does

Davinchu puts in one dashboard what would otherwise take two or three services from the table:

  • MetaTrader 4 and 5 monitoring. The DLL-free Davinchu Trade Monitor EA sends trades, balance, equity and open positions with any forex and CFD broker, prop firms included. No account password is needed, and after a break the EA sends the trades closed while it was not running.
  • A journal with review. Trades land in the journal on their own; you mark the setup, «Followed the plan?», the mistake and emotions, and the «Review» tab counts what plan violations cost.
  • A risk manager in the terminal. The T-Manager EA for MT5 closes new entries through its panel at the daily loss limit and the maximum drawdown, and the «Risk per trade» rule blocks entries without a stop.
  • Crypto exchanges. Bybit and HTX futures and Bybit spot — in the same journal and analytics, Binance, OKX and BingX spot balances — in the investment portfolio; keys are read-only.
  • A public account link. You choose what to open: balance and curve, history with statistics and monthly returns, lots, stops, open trades, account number. The page updates itself, and in a messenger the link unfolds into a card with the account name and the numbers you opened.

Data is sent by the EA from your terminal running on a computer or a VPS: the dashboard shows the time of the last sync, and if data stops arriving, it sends «Account connection lost» after 10 minutes. The «Verified by Davinchu» badge on an account portfolio means every account in it has sent data within the last 7 days. The T-Manager risk manager is for MetaTrader 5; the MT4 version is in development. More on the «Account monitoring» and «Trading journal» pages.

What to use instead of Myfxbook

  • Showing results to investors. A Davinchu public account link: the numbers come from the terminal, and the account's trades and balance cannot be edited in the dashboard — only journal notes can, and manual trades do not count towards account statistics. The investor sees what you opened — growth in which deposits do not count as profit, equity drawdown including floating losses, open trades — and always the time of the last sync. If your investor wants to verify the numbers at the source, also give them the investor password — it opens the account in the terminal for viewing only.
  • Building an audience. A public trader profile with links to accounts, a trading plan and setups shared by link, and from the Plus plan your own community or school in Spaces.
  • Publishing statistics for free. The Free plan gives two accounts with a public link, a journal and account analytics.
  • Watching EAs on a VPS. Davinchu Trade Monitor sends openings, averaging and grids, margin and drawdown, stop-outs and a daily report to Telegram, Discord or email, tells you when the EA is removed from the chart or opens no trades for longer than the number of hours you set, and the server sends «Account connection lost» if data stops arriving — the trades go into the journal and statistics as well.
  • Reviewing trades and psychology. The Davinchu journal fills itself; every trade has «Followed the plan?», a mistake from a list and emotions before and after, and the «Review» tab counts the cost of violations and recurring mistakes. A tilt alert arrives when manual trades speed up or size grows after losses.

Bottom line: the public account link people open Myfxbook for is there in Davinchu, and next to it are a journal with review, MetaTrader 5 risk limits and crypto exchanges in one dashboard. Start on the Free plan — connecting an account takes 5–10 minutes (pricing). Ways to monitor an account are covered in «MT5 account monitoring: 4 ways».

Journal, risk manager and analytics in one dashboard

Free forever: 2 accounts, a journal and AI reviews. Setup takes 5–10 minutes.

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