Overview
Myfxbook vs Tradervue is a comparison between two free-first platforms that solve different problems. Myfxbook is a portfolio analytics and social trading platform. Tradervue is a trading journal. They’re not direct competitors; they’re complementary tools.
Myfxbook: The Free Account Analytics Platform
Myfxbook is the oldest, most-used free tool for forex traders to track account performance. It’s not a journal—it’s an analytics and social trading platform.
Strengths:
- 100% free — no paid tiers, no credit card needed
- Portfolio analytics — tracks equity, drawdown, Sharpe ratio, daily P&L
- Social features — leaderboards, copy trading, trader profiles
- Mobile app — native iOS and Android apps
- Forex-focused — analytics tailored to forex traders
- Multi-account tracking — monitor multiple accounts in one dashboard
Weaknesses:
- Not a journal — doesn’t capture trade-by-trade notes or emotional state
- Ad-supported — ads on the free platform
- Limited trade analysis — you see aggregate metrics, not individual trade learnings
- No discipline tracking — doesn’t help identify psychological patterns
- Not exclusive to journaling — social trading can be distracting
Best for: Traders who want to track account performance without journaling. Traders interested in copy trading or leaderboards.
Tradervue: The Pure Journal
Tradervue is a dedicated trading journal. You log individual trades, add notes, review emotional state, and analyze patterns. It’s a discipline tool, not a social tool.
Strengths:
- True journaling — detailed notes, analysis, review on every trade
- Free tier — generous free tier for basic journaling
- Ad-free — clean interface, no distractions
- Discipline framework — emotional state tracking, pattern review
- Established community — 200K+ users, solid resources
- No social distractions — pure journaling, not social trading
Weaknesses:
- No social features — can’t copy trades or join leaderboards
- Dated UI — interface hasn’t been significantly updated in years
- No mobile app — web-only (mobile browser works but isn’t optimized)
- Limited free tier — you’ll likely want to upgrade for full features
- General-purpose — not forex-specific
Best for: Traders committed to journaling and discipline. Traders who want to understand individual trades.
Head-to-Head Breakdown
Cost
Winner: Myfxbook
Myfxbook is 100% free with no paid tiers. Tradervue is free but limited; you’ll likely pay $29–$49/mo for premium features.
If budget is your only concern, Myfxbook wins.
Journaling Capability
Winner: Tradervue
Myfxbook shows aggregate account metrics. Tradervue lets you log individual trades, add notes, track emotional state, and review patterns.
For trade-by-trade discipline, Tradervue is purpose-built.
Account Analytics
Winner: Myfxbook
Myfxbook has sophisticated portfolio analytics: equity curves, daily P&L, Sharpe ratio, drawdown, risk metrics. Tradervue has basic analytics.
If you want detailed account performance metrics, Myfxbook is superior.
Social & Copy Trading
Winner: Myfxbook
Myfxbook has leaderboards, trader profiles, and copy trading. Tradervue has none of this.
If you want to show off your performance or copy other traders, Myfxbook is the platform.
Forex-Specific Features
Winner: Myfxbook
Myfxbook was built for forex traders and has analytics tailored to the forex market. Tradervue is general-purpose.
User Interface
Tie
Myfxbook can feel cluttered with social features. Tradervue is dated but clear. Both are acceptable but not modern.
Mobile Experience
Winner: Myfxbook
Myfxbook has native mobile apps. Tradervue is web-only.
Complementary Use
Smart traders use both:
- Myfxbook for portfolio analytics and account tracking
- Tradervue for trade journaling and discipline
This combination gives you the full picture: aggregate account performance + individual trade analysis.
Verdict for Forex Traders
Choose Myfxbook if:
- You want free account analytics
- You’re interested in copy trading or leaderboards
- You don’t need trade-by-trade journaling
- You want mobile app access
- You prefer all-free (no paid tiers)
Choose Tradervue if:
- You want to journal every trade with notes
- You’re focused on discipline and psychology
- You want an ad-free interface
- You have time to review trades manually
- You don’t care about social features
The real gap: Neither is a complete journaling solution for forex traders. Myfxbook lacks journaling. Tradervue lacks forex-specific analytics.
A journal built exclusively for forex—like PipJournal ($179 lifetime)—combines both:
- Trade journaling — log every trade with notes and emotional state
- Forex analytics — pip-based metrics, session performance, currency pair mastery
- Behavioral insights — AI co-pilot identifies discipline patterns
- All in one — journal + analytics + behavioral coaching
- No ads — clean, distraction-free
- No subscriptions — $179 one-time, own it forever