Comparison

PropJournal vs Myfxbook

Free social trading platform vs dedicated prop compliance journal

PropJournal

Free / $19/mo Pro / $49/mo Team

Prop firm compliance included
Myfxbook

Free

Trustpilot: 2.1/5 (~85 reviews on Trustpilot)

FeaturePropJournalMyfxbook
Real-time prop firm compliance
Daily drawdown tracking
Consistency rule monitoring
AI trade analysis
Trade verificationComing soon
Social copy trading
Portfolio analysis
Exchange auto-sync (Bybit, Binance)
Telegram & email alerts
MT5 HTML importAuto-sync via broker
Price$19/mo ProFree

Myfxbook Strengths

  • Completely free to use
  • Trade verification for proving track record
  • Social copy trading community
  • Automatic broker sync via MT4/MT5

Myfxbook Weaknesses

  • Very poor Trustpilot rating (2.1/5)
  • No prop firm compliance monitoring
  • No AI coaching or trade analysis
  • Ad-supported with privacy concerns
  • No drawdown or consistency rule tracking

Our Verdict

Myfxbook is a free platform great for trade verification and social trading, but it has a poor reputation (2.1/5 Trustpilot) and zero prop firm features. PropJournal is purpose-built for funded traders — if you need compliance monitoring, drawdown alerts, and AI coaching, PropJournal is worth the investment.

Frequently Asked Questions

Is PropJournal better than Myfxbook?
PropJournal is specifically built for prop firm traders with real-time compliance monitoring, drawdown alerts, and AI coaching. Myfxbook is a general-purpose trading journal. If you trade with a prop firm, PropJournal offers features Myfxbook doesn't have.
How much does Myfxbook cost compared to PropJournal?
Myfxbook costs Free. PropJournal has a free tier (50 trades), a Pro plan at $19/mo, and a Pro Funded plan at $49/mo with unlimited accounts.
Does Myfxbook have prop firm compliance monitoring?
No, Myfxbook does not offer real-time prop firm compliance monitoring. PropJournal tracks daily loss limits, max drawdown, and consistency rules for firms like FTMO, Topstep, Apex, FundedNext, and more.
Can I switch from Myfxbook to PropJournal?
Yes! PropJournal supports CSV import and MT5 HTML statement import. You can export your trade history from Myfxbook and import it into PropJournal. Start with the free tier to try it out.

Supported Prop Firms

🏆 FTMO📈 Topstep⚡ Apex Trader Funding🚀 FundedNext💎 The5ers💰 MyFundedFX🎯 E8 Funding🛡️ Fidelcrest🐂 Bulenox📊 TradeDay👑 Lux Trading Firm✅ True Forex Funds🏛️ City Traders Imperium⚡ SurgeTrader🎓 Maven Trading🐐 Goat Funded Trader🌟 Funded Trading Plus🅰️ Alpha Capital Group📊 The Funded Trader🛡️ Blue Guardian

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