Why Verify? To access specific functionalities, such as making your account public, sharing a link to your system page or enabling the ‘Trade Analytics’ data for your trading history, users must complete the full verification process for their trading account. The verification process consists of two parts: Track Record This…
The Daily and Monthly values represent the compound percentage that needs to be applied to an investment over a specific timeframe (daily and monthly) in order to reach the same account gain. When traders open a trading account they deposit an initial deposit (initial investment).By trading and earning profits, they…
The absolute gain value represents another method of gain calculation. This method takes into calculation your net value of invested funds (Total deposits minus total withdrawals), the timeline in which those deposits and withdrawals were made is ignored. Formula For example, let’s take a look at the following account: The…
This is probably one of the values you’ll be checking the most. The gain value demonstrates the progress of your trading journey and the account’s performance in relation to the investment made. How it’s calculated? In order to calculate your account’s gain, Myfxbook uses the Time-Weighted Return (TWR) formula. By…
There are 3 connection methods you can choose from to add and regularly update your MT5 trading account on Myfxbook. Live Update An easy to set up connection method which will connect and update your trading account in real-time. The updates will occur on our server so even if you…
There are 3 connection methods you can choose from to add and regularly update your MT4 trading account on Myfxbook. Live Update An easy to set up connection method which will connect and update your trading account in real-time. The updates will occur on our server so even if you…
Myfxbook supports various trading platforms, enabling users to link their accounts to the website. Each platform has its unique connection method(s). Look below to find your trading platform and click ‘Learn More’ next to it to determine the most suitable connection method for your needs and how to use it….