MyFxBook
MyFxBook is a free web and mobile forex analytics and social trading platform offering automated account tracking, a comprehensive calculator and market data suite, community-driven system sharing, and broker and prop firm reviews for retail forex traders worldwide.
- Company typePrivate
- Founded-
- HeadquartersLimassol, Cyprus
- Headcount11–50
- GTM typeB2C
- OfferingSoftware
What MyFxBook does
MyFxBook, operated by Myfxbook Ltd., is a privately held web-based forex analytics and social trading platform serving a globally distributed base of retail forex traders. Its core product is an automated trade account analysis and portfolio tracking system that connects to mainstream trading platforms including MetaTrader 4, MetaTrader 5, cTrader, TradingView, Match Trader, DXTrade, and TradeLocker. Around this core, the platform offers a comprehensive toolkit comprising a 13-tool forex calculator suite (Position Size, Pip, Margin, Leverage, Fibonacci, Pivot Point, Risk of Ruin, Compounding, Drawdown, Profit, Rebate, Swap/Rollover, Consistency, Currency Converter), a real-time economic calendar, market hours and interest rate trackers, a forex heat map, correlation matrix, sentiment indicators, COT data, liquidity views, historical data, and an interactive charting module with social sharing.
The social and community layer is central to the product: traders can publish and compare trading systems, share strategies and charts, participate in topic-segmented forums, and view aggregated sentiment. A reviews marketplace covers brokers, prop trading firms, VPS services, signal providers, EA programmers, affiliate programs, PAMM brokers, rebate programs, trading platforms, expert advisors, crypto exchanges, trading courses, and stock portfolio trackers. The platform also features a Rewards loyalty program that monetizes user activity by awarding points for prop firm challenge purchases and broker account openings, and an AI module branded Strategy AI for strategy analysis. Distribution is multi-surface: website, native iOS and Android apps, Huawei AppGallery, a Chrome extension, and an official Telegram channel, with localization across 30+ languages.
Monetization is freemium-led and community-driven. The platform is free to use; revenue is generated primarily through display advertising and broker sponsor placements, affiliate/referral commissions from partner brokers and prop trading firms, marketplace commissions on prop firm challenge purchases facilitated through the platform, and an optional ad-free subscription. Myfxbook Ltd. is registered as a UK private limited company, the platform is operated from Limassol, Cyprus, and the company is privately held with no disclosed funding rounds or institutional investors. Pavel Rekun is identified as co-founder and CTO.
MyFxBook firmographics
Firmographics- Name
- MyFxBook
- Legal name
- Myfxbook Ltd.
- Website
- https://myfxbook.com
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- MyFxBook is a free web and mobile forex analytics and social trading platform offering automated account tracking, a comprehensive calculator and market data suite, community-driven system sharing, and broker and prop firm reviews for retail forex traders worldwide.
- Ownership category
- akta.pro rank
MyFxBook industry classification
Industry- Product category
- Forex Trading Analytics and Social Trading Platform
- NAICS
- Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Copy Trading, Social Trading & Automated Trading Platforms (FSADAAAK)
Keywords
Where MyFxBook is headquartered
LocationHeadquarters
- HQ city
- Limassol
- HQ country
- Cyprus
- HQ region
- Europe
Markets served
MyFxBook business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations
Revenue model
- Advertising Revenue: The platform generates advertising revenue through display ads from sponsor logos and banner placements throughout the website, including broker sponsorships.
- Affiliate/Referral Commissions: Revenue generated through affiliate programs where users earn points for opening accounts with participating brokers or purchasing prop firm challenges. The platform operates a rewards program that drives traffic to partner brokers and prop firms.
- Prop Firm Challenge Marketplace: The platform facilitates prop firm challenges, earning referral fees when users purchase challenges through the platform. Users can earn up to 5K points for purchasing prop challenges.
- Ad-Free Subscription: The platform offers an optional ad-free subscription model for users who prefer an advertising-free experience.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Free access to all core tools and community features |
| Subscription | Monthly | Ad-Free subscription for enhanced experience |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
MyFxBook product offering
Product offeringCore offering
MyFxBook operates a free web and mobile platform that provides retail forex traders with automated trading-account analysis, a comprehensive forex calculators suite, real-time market data (economic calendar, heat map, correlations, sentiment), and a global social trading community for sharing strategies, systems, and broker/prop firm reviews. The company monetises the platform primarily through advertising, sponsored broker placements, and affiliate/referral commissions when users purchase prop firm challenges or open brokerage accounts, with an optional paid monthly ad-free subscription.
Product overview
MyFxBook is a comprehensive forex trading platform that offers a unified suite of tools for traders. The core platform centers on an automated analytical toolkit including forex calculators (Position Size, Pip, Margin, Leverage, Fibonacci, Pivot Point, Risk of Ruin, Compounding, Drawdown, Profit, Swap/Rollover, Currency Converter), an Economic Calendar with real-time market news, and market analysis tools (Forex Heat Map, Correlation, Charts). The platform includes social trading features through its Community section with systems, strategies, forums, and sentiment indicators. MyFxBook also provides a marketplace for forex broker reviews, prop firm reviews, and spreads comparison, complemented by a Rewards loyalty program. Additional modules include Strategy AI for automated analysis, TradingView integration for advanced charting, embeddable Widgets, mobile applications for iOS/Android/Huawei, a Chrome extension for notifications, and Contests for competitive trading. The platform supports multiple languages and integrates with various trading platforms including MetaTrader 4, MetaTrader 5, cTrader, TradingView, Match Trader, DXTrade, and TradeLocker for prop firm operations.
Differentiator
Problem solved
Functional benefit
Products and services
- MyFxBook Forex Analytics Platform
- Forex Calculators Suite
- Economic Calendar
- Community and Social Trading
- Portfolio Management
- Forex Broker Reviews
- Prop Firm Reviews
- Rewards Program
- Strategy AI
- Forex Charts
- Forex Broker Spreads
- Sentiment Indicator
- Contests
- Widgets
- Ad-Free Subscription
Quantifiable outcome
- Supports 30+ languages for global accessibility
- +1 more outcomes
Companies that use MyFxBook
Customer profileSegments4 records
Ideal customer profiles3 records
MyFxBook technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
MyFxBook partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- Forex Brokers (Various)coreMyFxBook partners with forex brokers through its reviews platform, spreads data, and rewards program. Brokers display sponsored advertisements on the platform and are identified with a rewards icon when they participate in the affiliate program. Examples include FOREX.com, OANDA, tastyfx, and others listed on the platform.
- Prop Trading Firms (Various)coreThe platform features prop firm challenges from various proprietary trading firms including OneFunded, Hola Prime, FundedNext, SabioTrade, FundingPips, and others. Users earn points toward rewards by purchasing prop challenges through the platform.
- TelegramminorOfficial Telegram community channel (t.me/myfxbook_official) used for direct communication and engagement with the trading community.
Scale indicators3 records
Recent moves6 records
Expansion highlights6 records
MyFxBook competitors and assessment
Company assessmentDirect peers
- TradingView: TradingView is the closest direct peer: a charting and social platform for retail traders that publishes ideas, hosts scripts, and offers community features spanning forex, crypto, equities, and futures. MyFxBook explicitly integrates TradingView for advanced charting, underscoring both the overlap and the platform's reliance on TradingView for sophisticated chart UX.
- Forex Factory: Forex Factory is a high-traffic forex forum and economic calendar destination serving the same retail FX trader audience as MyFxBook. Both monetize via broker advertising and serve as community gathering points, with overlapping products in calendar, news, and forum discussions.
- FXStreet: FXStreet is a forex news, analysis, and economic calendar site with multilingual content and broker partnerships. It competes directly with MyFxBook's news, calendar, and broker-review surface for the same retail trader audience across multiple geographies.
- Investing.com: Investing.com is a broad financial portal offering forex quotes, economic calendars, broker listings, and community tools across many asset classes. Its scale and breadth make it a primary competitor for SEO-driven forex tool traffic and broker affiliate revenue.
- MQL5: MQL5 is the MetaQuotes-owned community for MetaTrader traders, offering forums, signal/marketplace services, and a social feed. It directly competes with MyFxBook's MT4/MT5-integrated social trading, system sharing, and signal provider features.
- DailyFX: DailyFX, the analysis and education arm of IG Group, offers forex news, technical/fundamental analysis, and economic calendars. It competes for the same attention economy around FX research and trader education that MyFxBook addresses via news, analysis, and community.
- ZuluTrade: ZuluTrade pioneered forex copy trading by letting users replicate signal providers across broker accounts. It directly overlaps MyFxBook's social trading, signal showcasing, and verified-performance features, though ZuluTrade operates as a regulated broker intermediary.
- eToro: eToro combines a multi-asset brokerage with a social feed, CopyTrader, and Popular Investor program. Its social trading UX and signal replication features make it a direct competitor for the retail-trader social/discovery audience that MyFxBook serves.
Emerging players
- WikiFX: WikiFX is a broker-verification and review platform focused on FX and CFD broker legitimacy, regulatory status, and user feedback. It overlaps with MyFxBook's broker review and spreads product but emphasizes compliance and scam awareness over analytics and community.
Broad incumbents
- Trading Central: Trading Central is an established provider of technical analysis, research, and signals licensed to brokers and platforms globally. While B2B-oriented rather than retail-community-focused, it competes for institutional-grade analytics mindshare adjacent to MyFxBook's analytics offerings.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
MyFxBook financial estimates
Financial estimateRevenue estimate
Valuation estimate
MyFxBook leadership team
Management profileNumber of profiles
MyFxBook funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MyFxBook M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MyFxBook
What does MyFxBook do?
MyFxBook operates a free web and mobile platform that provides retail forex traders with automated trading-account analysis, a comprehensive forex calculators suite, real-time market data (economic calendar, heat map, correlations, sentiment), and a global social trading community for sharing strategies, systems, and broker/prop firm reviews. The company monetises the platform primarily through advertising, sponsored broker placements, and affiliate/referral commissions when users purchase prop firm challenges or open brokerage accounts, with an optional paid monthly ad-free subscription.
Is MyFxBook a public or private company?
MyFxBook is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was MyFxBook founded?
MyFxBook was founded in -1. It employs 11 to 50 people.
Where is MyFxBook based?
MyFxBook is headquartered in Limassol, Cyprus, in the Europe region.
How does MyFxBook make money?
Four revenue lines are on record. Advertising Revenue is the primary driver. The others are affiliate/Referral Commissions, prop Firm Challenge Marketplace and ad-Free Subscription.
Who are MyFxBook's main competitors?
Direct peers on record are TradingView, Forex Factory, FXStreet, Investing.com, MQL5, DailyFX, ZuluTrade and eToro. WikiFX is listed as an emerging player. Trading Central is listed as a broad incumbent.
Does MyFxBook have an API?
Yes. MyFxBook exposes a public API. Developer documentation is at www.myfxbook.com/api.
What industry is MyFxBook in?
MyFxBook's product category is Forex Trading Analytics and Social Trading Platform. Its primary akta.pro industry code is FSADAAAK, Copy Trading, Social Trading & Automated Trading Platforms. Its NAICS code is 523 and its SIC code is 6199.