Myfxbook is a popular online trading platform that provides traders with a variety of tools to help them analyze their trades and improve their performance. One of the most useful features of Myfxbook is the ability to connect your forex trading account to the platform. This allows you to track your trades in real-time, analyze your performance, and compare your results to other traders. In this article, we will explain how to add your forex account to Myfxbook.
Step 1: Create a Myfxbook Account
The first step to adding your forex account to Myfxbook is to create a Myfxbook account. To do this, go to the Myfxbook website and click on the “Register” button at the top of the page. You will be asked to provide your personal information, including your name, email address, and password. Once you have entered your information, click on the “Create Account” button to create your Myfxbook account.
Step 2: Verify Your Email Address
After you have created your Myfxbook account, you will need to verify your email address. Myfxbook will send you an email with a verification link. Click on the link to verify your email address. Once your email address has been verified, you can log in to your Myfxbook account.
Step 3: Add Your Forex Account
To add your forex account to Myfxbook, you will need to click on the “Add Account” button on the Myfxbook dashboard. You will be asked to select your broker and provide your account login and password. Myfxbook supports a wide range of brokers, including major forex brokers like FXCM, Oanda, and Interactive Brokers. If your broker is not listed, you can select “Other” and manually enter your broker’s server name and port number.
Step 4: Choose Your Trading Platform
Once you have entered your account login and password, you will need to choose your trading platform. Myfxbook supports a variety of trading platforms, including MetaTrader 4, MetaTrader 5, cTrader, and FXCM Trading Station. You will need to select the platform that you use to trade forex.
Step 5: Set Your Account Permissions
After you have selected your trading platform, you will need to set your account permissions. Myfxbook requires certain permissions in order to access your trading account data. These permissions may include the ability to view your account balance, open trades, and closed trades. You will need to grant Myfxbook the necessary permissions in order to connect your forex account to the platform.
Step 6: Review Your Account Settings
Before you connect your forex account to Myfxbook, you will need to review your account settings. You can customize your settings to control what information is shared with Myfxbook. For example, you can choose to display your account balance, equity, or profit/loss. You can also choose to hide certain information, such as your open trades or your account history.
Step 7: Connect Your Forex Account
Once you have reviewed your account settings, you can connect your forex account to Myfxbook. Click on the “Connect” button to initiate the connection process. Myfxbook will retrieve your account data and display it on the dashboard. You can now track your trades in real-time, analyze your performance, and compare your results to other traders.
Conclusion
Adding your forex account to Myfxbook is a simple process that can provide you with valuable insights into your trading performance. By connecting your account to Myfxbook, you can track your trades in real-time, analyze your performance, and compare your results to other traders. Follow the steps outlined in this article to add your forex account to Myfxbook and start improving your trading performance today.
