Myfxbook has been the default forex analytics platform since 2009, and it is free. Connect an MT4 or MT5 account, it imports your history automatically and turns it into detailed statistics, plus a publicly verifiable track record — the reason it became an industry standard, since a verified Myfxbook link cannot be faked the way a screenshot can. It bundles an economic calendar, community features and AutoTrade copy trading, and monetises through broker partnerships instead of charging you.
This is the one comparison where we cannot argue on price and will not try. Myfxbook costs nothing; Secuora Pro is $29/month. What Secuora has is the thing Myfxbook has never done: replaying historical data bar by bar so you can practise a strategy before trading it, plus a journal that records why you took a trade rather than only what it returned.
Secuora vs Myfxbook at a glance
| Feature | Secuora | Myfxbook |
|---|---|---|
| Price | Pro $29/mo, or $23/mo billed yearly | Free — core analytics cost nothing |
| Business model | You pay; you are the customer | Free to you; monetised via broker partnerships, AutoTrade and promoted signal providers |
| Auto-import | ✗ | Yes — direct MT4/MT5 account connection, imports history automatically |
| Markets | Crypto, forex, stocks, indices, futures, metals | Forex-first, via MT4/MT5 brokers |
| Bar-replay backtesting | Yes — the core product; bar by bar on 1-minute candles plus a 30-second view, simulated market/limit/stop orders, session-open skips | ✗ |
| Prop-firm practice | Challenge simulator — targets, daily loss, max drawdown on historical data | ✗ |
| AI | AI backtester — plain-English strategy compiled to ~27 deterministic primitives | ✗ |
| Edge / overfitting checks | Edge detector — probabilistic + deflated Sharpe, Monte Carlo p-value, minimum track record length, concentration and tail checks | Verification proves the results are real; no statistical test of whether they are luck |
| Verified public track record | ✗ | Yes — its defining feature; the retail forex standard |
| Psychology journaling | Emotions, rules broken, confluences, screenshots per trade | Statistics on executed trades; not a psychology journal |
| Economic calendar | Quant terminal — live prices, funding, positioning, news flow (Pro) | Yes — built-in economic calendar |
| Copy trading | ✗ | AutoTrade |
| Community | Community leaderboard | Large — 2M+ registered accounts, 100k+ connected systems |
Myfxbook facts reflect its long-standing public feature set and free pricing as of July 2026: MT4/MT5 auto-connection, verified track records, economic calendar, AutoTrade, and reported scale of 2M+ registered accounts. Myfxbook does not publish a paid pricing page — core analytics are free and funded through broker relationships.
Where Myfxbook is genuinely stronger
It is free, and that is not a technicality. For a forex trader who wants automatic statistics on an MT4 account, Myfxbook does that job at zero cost, forever, and has done for over fifteen years. Secuora charges $29/month and has no MT4/MT5 connection at all — your live trades are journaled by hand. On the "track my live forex results automatically" job, Myfxbook wins outright.
Verified track records. This is Myfxbook’s real moat: a verified link proves your results to a prop firm, an investor or a Discord full of sceptics in a way no screenshot can. Secuora has nothing equivalent, and if third-party verification is what you need, no feature of ours substitutes for it.
Reach and ecosystem. 2M+ registered accounts, 100k+ connected systems, a widely-used economic calendar, and AutoTrade copy trading. Whatever else you use, you will probably still have a Myfxbook account — and there is no reason not to.
Where Secuora is stronger
Backtesting, which Myfxbook simply does not do. Myfxbook analyses trades you have already placed. Secuora lets you trade historical data bar by bar — simulated market, limit and stop orders with SL/TP, partial closes, session-open skips for London, New York and Asia — across crypto, forex, stocks, indices, futures and metals. A trader with a Myfxbook account has excellent statistics about a strategy they have already risked money on. Backtesting is how you avoid needing them.
The "why", not just the "what". Myfxbook knows your EURUSD longs returned -2.3R last month. It does not know you took them because you were revenge trading after a loss, that you moved your stop, or that you broke your own rule about trading the news. Secuora journals emotions, rule compliance, confluences and screenshots per trade — the causes behind the statistics.
Rehearsal and idea-testing. The prop-firm challenge simulator lets you attempt an evaluation’s rules on historical data before paying a firm; the AI backtester takes a strategy in plain English and runs it deterministically over history. Myfxbook has neither, because neither is what it is for.
Beyond MT4/MT5. Myfxbook’s world is MetaTrader brokers. Secuora is broker-agnostic by construction — nothing to connect, so nothing to be excluded from.
The honest recommendation: use both
These are not really substitutes, and the sensible answer for most forex traders is to run both. Keep Myfxbook connected to your live MT4/MT5 account for free automatic statistics and a verified public track record. Use Secuora to rehearse strategies bar by bar before they touch that account, to journal the psychology behind the trades, and to rehearse a prop-firm evaluation before paying for one.
If you only ever want free automatic stats on live forex trading, do not pay us — Myfxbook already does that. Secuora is worth $29 when you want to test ideas before risking capital, which is a different job entirely. Our research at /strategy tested 40-plus popular recipes over a year of BTC and ETH data: after commissions, every one lost money. Those are results you want from a simulator, not from a verified track record.
Choose Secuora if you…
- want to backtest strategies bar by bar before risking money — Myfxbook cannot
- want to journal emotions and rule compliance, not just P&L statistics
- are preparing for a prop-firm evaluation and want to rehearse the rules
- trade beyond MetaTrader forex — crypto, futures, indices, stocks, metals
- want to test strategy ideas in plain English before trading them
Choose Myfxbook if you…
- want free automatic statistics on a live MT4/MT5 account — it costs nothing
- need a verified public track record to prove results to a firm or investors
- want copy trading (AutoTrade) or the built-in economic calendar
- trade forex exclusively through MetaTrader brokers
Frequently asked questions
Is Secuora a good Myfxbook alternative?
Not exactly — they do different jobs, and most traders should use both. Myfxbook auto-connects to MT4/MT5 for free automatic statistics and a verified public track record; Secuora has neither. Secuora replays historical data bar by bar so you can practise strategies before trading them, and journals the psychology behind each trade. If you want free live-forex stats, keep Myfxbook. If you want to backtest, Myfxbook has no answer.
Is Myfxbook really free?
Yes. Its core analytics have been free since 2009 — it monetises through broker partnerships, AutoTrade commissions and promoted signal providers rather than by charging traders. Secuora is $29/month (or $23/month billed yearly), with a 3-day free trial and a no-signup live demo. On price, Myfxbook wins and we will not pretend otherwise.
Does Myfxbook have backtesting?
No. Myfxbook analyses and verifies trades you have already executed on a connected MT4/MT5 account. It has no bar-replay backtester. Secuora’s replay terminal lets you trade historical data bar by bar across crypto, forex, stocks, indices, futures and metals, with simulated orders and a prop-firm challenge mode.
Can Secuora connect to MT4 or MT5 like Myfxbook?
No, and it is our clearest gap here. Secuora has no broker or platform connection — replay trades journal themselves automatically, and live trades are logged manually with screenshots, emotions and rule tracking. If automatic MT4/MT5 import is what you need, Myfxbook does it for free.
Can I use Myfxbook and Secuora together?
Yes, and for most forex traders that is the right setup. Myfxbook handles free automatic statistics and verification on your live account; Secuora handles rehearsal — backtesting strategies before they touch that account, journaling the reasoning behind trades, and simulating prop-firm challenge rules before you pay for an attempt.