Announcing The Winners Of The Recent Contest

March 9th, 2015

The recent contest ended last month and here are its winners (top 3):

1st place:  Contest – srinatha winning a $3500 funded account.

2nd place: Contest – mazin1978 winning a $1000 funded account.

3rd place:  Contest – Zhe8878 winning a $500 funded account.

Analysis of the trading results can be seen below:

Looking at the analysis, we can see that over 56% of accounts were losing, 47% of accounts got margin called and only 12% of accounts ended up with profit.

Happy Monday!

The Myfxbook Team.

Get Ready For The Next Trading Contest! $10,000 In Prizes!

March 2nd, 2015

We’re excited to announce the next trading contest sponsored by FX Choice.

Fx Choice Forex Contest

Traders will be competing for total prizes of $10,000 with the following breakdown:

  • 1st Prize $4,500 funded FX Choice live account
  • 2nd Prize $2,000 funded FX Choice live account
  • 3rd Prize $1,500 funded FX Choice live account
  • 4th Prize $1,000 funded FX Choice live account
  • 5th Prize $1,000 funded FX Choice live account

Moreover, you will be competing with a demo 10k account and a 200:1 leverage.

To see the full contest rules and register, head over here: http://www.myfxbook.com/contests/forex-contest-fx-choice/27/rules

Wishing you a great trading week ahead!

The Myfxbook Team.

Forex Heat Map – Which Currency Is Strongest/Weakest?

January 26th, 2015

We have added another useful section to your forex toolbox – a real time forex heat map, showing you the strongest and weakest currencies according to your selection and in all time-frames at a glance.

Forex Heat Map

Use the ‘more’ button to select the exact currencies for comparison. The strongest green cell is the currency which increased the most in the selected time frame while the strongest red cell is the currency which decreased the most in the selected time frame.

If you have a website, click the ‘Add to your site’ button to create a completely free widget for your website.

Let us know if you have any feedback or comments.

Wishing your a profitable week ahead!

The Myfxbook Team.

Forex Trading Contest, $5000 in Prizes!

January 15th, 2015

A new forex trading contest, sponsored by Squared Financial, has just opened:

The prize fund is in total of $5000, which will be given out to the top 3 traders as follows:

1st place – $3,500 funded Squared Financial account.

2nd place – $1,000 funded Squared Financial account.

3rd place – $500 funded Squared Financial account.

Trading will commence with a $50,000 demo account and a 200:1 leverage.

Hurry up and sign up here: http://www.myfxbook.com/contests/forex-contest-squared-financial/26/rules

Best Regards,

The Myfxbook Team.

Myfxbook Charts Upgraded

January 7th, 2015

We’re happy to announce the completion of a long due plan – the change of charts used in the Myfxbook website. You might not even noticed the changes as we’ve made sure to make it look exactly as before, however during the past few weeks we’ve been replacing the charts in each section and the changes are major:

- The charts are no longer Flash based but HTML5, meaning they load several times faster.

- Unlike the Flash charts, the new charts are fully printable.

- You can hover over the chart and see a floating tooltip (you do not need to point to the exact data point):

- You can now zoom-in into a chart and finally see what’s going on without performing custom analysis:

Wishing you a great year ahead!

The Myfxbook team.

Forex Contest Winners Announced!

December 11th, 2014

We’re happy to announce the top 2 traders of our recent contest sponsored by FXCM:

1st place – Contest – malchish, ending with a 7666% gain and winning a $3,000 funded FXCM account.

2nd place -Contest – dragon13, ending with a 5599% gain and winning a $2,000 funded FXCM account.

Some interesting analysis of the results:

Wishing you a fun weekend!

The Myfxbook Team.

Myfxbook Is The Best Social Trading Network!

November 24th, 2014

We’re proud to announce that in the recent London Summit held by Forex Magnates, Myfxbook has won the 1st place in the “Best Social Trading Network” category!

The award was picked up by Carolina May, CEO of FXStreet, which are responsible for taking care of Myfxbook’s marketing on a day to day basis.

We would like to thank those who voted for us as well as thank our users who always come up with great ideas and suggestions for Myfxbook and find our service indispensable in their trading.

Have a great week!

The Myfxbook Team.

New Forex Trading Contest, $5000 In Prizes!

October 21st, 2014

We’re happy to announce a new forex trading contest, sponsored by FXCM.

Forex Trading Contest

The prize fund is in total of $5000, which will be given out to the top 2 traders as follows:

1st place – $3,000 funded FXCM account.

2nd place – $2,000 funded FXCM account.

Trading will commence with a $50,000 demo account and a 200:1 leverage.

Ready to go? Sign up here: http://www.myfxbook.com/contests/forex-contest-fxcm/25/rules

Wishing you a great week ahead!

The Myfxbook Team.

The Official Android App of Myfxbook!

October 5th, 2014

We’re happy to announce the official Android App of Myfxbook – a must have for any forex trader! We’ve invested a lot of thought into the app, making sure you have everything you need at the tip of your fingers :)

The Myfxbook Android app currently offers the following features:

- A real-time market quotes section for over 60 different currency pairs. You can set unlimited alerts for different levels.

- A real-time economic calendar with full event data which you can filter based on impact and currency.

- A real-time market news feed which you can filter based on currency.

- A live portfolio section as configured in your Myfxbook profile.

- A live community outlook section with complete data of each currency. You can set unlimited alerts for different levels.

When using the app you will notice superior performance as well as zero ads! Yes. the app is completely free! :)

Screenshots of the app:

EURUSD Forex Community Outlook

Forex Community Outlook

Forex Economic Calendar

Forex Portfolio

Forex Economic Calendar

Forex Quotes

Forex Alerts

Forex News

Here is some feedback we’ve already received from users:

“Best app for forex traders It just changes everything. Even with an extremely busy schedule i can stay informed about every news release to understand what is going on in the markets.”

“Killer app for traders If you aren’t journaling your trades, myfxbook is for you. If you are journaling your trades, myfxbook makes it easier. Killer app! Love it”

“The best app I’ve tried”

Get the best forex app here:


We’re working on more features and sections for the App, so if you have any suggestions or feedback, do let us know at android@myfxbook.com

Have  a great week!

The Myfxbook Team.

Forex Contest Winners Announced

September 10th, 2014

We’re happy to announce the winners of our latest contest winners http://www.myfxbook.com/contests/forex-contest-squared-financial/23:

(Gains are a snapshot of the time the contest has ended).

1st place – 14,248%, winning a $3,500 prize – Contest – 1RF4N

2nd place – 5208%, winning a $1,000 prize – Contest – pipmasta

3rd place – 850% – winning a $500 price – Contest – skalavox

Important to note that several top accounts were disqualified for multiple accounts under different identities.

Unlike previous contests, almost 50% of the accounts were margin called which can be explained by the trending market. Profitability of winning and losing accounts was similar, roughly 70% win/30% loss, yet average win for winning accounts was 7 pips versus an average of only 2 pips win for losing accounts – traders who were on the wrong side of the trend couldn’t let their winners run.

The complete contest analysis can be found here:

Forex Contest Squared Financial Analysis

Have a great week ahead!

The Myfxbook team.