Myfxbook Review: Is It Still Relevant in 2025?

In the modern trading environment, information is power. The ability to track every trade, analyze performance metrics, and verify results has become essential for traders who want to maintain an edge. Myfxbook, launched in 2009, has long been one of the most widely recognized platforms for trading analytics and social sharing. As we step into 2025, the trading industry is dominated by automation, AI-based bots, and data-driven strategies. This raises a vital question: can a platform like Myfxbook still keep up with these rapid changes, and is it worth a trader’s time?

What is Myfxbook and How Does It Work?

Myfxbook is a web-based analytics platform that connects directly to trading accounts such as MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader. After linking an account, the system automatically imports trade history, calculates performance statistics, and displays them in a structured dashboard.

Its main purpose is to give traders an objective, data-rich view of their trading habits. It does this through:

• Detailed analytics – Covering profitability, trade frequency, lot size averages, risk ratios, and drawdown levels.
• Verification system – Allowing traders to prove their results are genuine.
• Social features – Viewing and following other traders’ public accounts to learn from their strategies.
• Tools and integrations – Including economic calendars, news feeds, and customizable widgets for websites or blogs.

Key Benefits for Traders in 2025

Despite the influx of newer tools, Myfxbook retains strong value because it addresses several core trader needs:

1. Full automation of tracking – Traders no longer need to manually update spreadsheets or logs; the platform updates in real-time.
2. Transparency and credibility – Particularly important for money managers, influencers, or signal providers who need to show verified results to clients.
3. Educational value – By studying top-performing accounts, beginners can identify patterns and strategies that work.
4. Cross-platform compatibility – Works with multiple brokers, making it versatile for traders who operate in both forex and gold markets.

Limitations and Considerations

While Myfxbook offers powerful features, traders in 2025 should be aware of its limitations:

• Risk of manipulated results – Although rare, some traders use loopholes to make accounts look better than they are.
• Outdated design – Compared to newer, AI-driven platforms, the user interface feels less modern.
• Variable customer support – Some users report slow response times during technical issues.

These points do not render the platform irrelevant, but they highlight why it’s important to use Myfxbook alongside other tools rather than relying on it alone.

Myfxbook in the Era of AI Trading

With AI-powered tools now taking over large parts of trade execution and market analysis, Myfxbook’s role has shifted from being a primary decision-making tool to serving as a performance auditing and verification resource. Many traders now use Myfxbook in combination with automated systems like SMARTT, which can execute trades based on advanced market analysis while Myfxbook tracks the results in a transparent, shareable format.

This combination allows traders to enjoy the efficiency of automation while maintaining detailed oversight of performance — a critical advantage in today’s fast-moving gold and forex markets.

Final Verdict: Still Relevant in 2025

Yes, Myfxbook remains a valuable asset for traders who prioritize transparency, accountability, and performance improvement. While it may not offer the cutting-edge automation found in AI trading bots, it complements these tools perfectly by providing reliable, verified analytics. For traders in 2025, the best approach is to integrate Myfxbook into a broader trading ecosystem that includes both automated execution and thorough post-trade analysis.

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