We compared the most popular trading journals for forex and prop firm traders — on features, pricing, MT5 support, and ease of use. Here's the honest breakdown.
| Feature | FreeTradeTracker Best Free | TraderVue | Edgewonk | Trademetria |
|---|---|---|---|---|
| Monthly cost | Free | $29/mo | $169/year | $10/mo |
| Credit card required | No | Yes | Yes | Yes |
| MT5 import | ✓ | Limited | ✓ | ✓ |
| Exness support | ✓ | ✗ | Partial | Partial |
| Five Percent Online | ✓ | ✗ | ✗ | ✗ |
| AI statement reader | ✓ | ✗ | ✗ | ✗ |
| P&L calendar | ✓ | ✓ | ✓ | ✓ |
| Setup rank grading | ✓ | Basic | ✓ | Basic |
| Rule compliance score | ✓ | ✗ | ✓ | ✗ |
| Trade duration analysis | ✓ | ✓ | ✓ | Basic |
| Session breakdown | ✓ | ✓ | ✓ | ✓ |
| Emotion tracking | ✓ | ✗ | ✓ | Basic |
| Cloud sync | ✓ | ✓ | Desktop only | ✓ |
FreeTradeTracker is a browser-based trading journal built specifically for forex and prop firm traders. It supports MT5 statement import from Exness, Five Percent Online, and any other MT5 broker, with AI-powered statement reading that extracts trades automatically from screenshots.
The dashboard includes a P&L calendar, equity curve, session breakdown, instrument analysis, trade duration charts, and a discipline score based on rule compliance. Setup rank grading (A+ to D) lets you compare quality vs outcome over time.
TraderVue is one of the most established trading journals, popular with US stock and futures traders. It has strong analytics and a large community but was designed primarily for equities — MT5 and forex broker support is limited and requires manual workarounds for most Exness or prop firm accounts.
Edgewonk is a desktop-based trading journal with deep analytics and a focus on trading psychology. It has strong rule compliance and emotion tracking features. However it's desktop-only software — no cloud sync — and requires a one-time purchase. MT5 import works but requires manual export steps.
Trademetria is a web-based journal with decent MT5 support and clean UI. It covers the basics well — P&L tracking, win rate, session analysis — but lacks advanced features like AI import, rule compliance scoring, and prop firm-specific support. The free tier is very limited.
For forex and prop firm traders: FreeTradeTracker is the clear winner. It's the only journal with native Exness and Five Percent Online support, AI statement reading, and rule compliance tracking — all completely free.
For US stock traders: TraderVue is the most established option, though the $29/month price is hard to justify for casual traders.
For psychology-focused traders: Edgewonk's deep analytics are worth the $169 one-time cost if you're serious about improvement and don't mind desktop-only software.
If you trade forex, XAUUSD, US30, or run a prop firm account on MT5 — FreeTradeTracker is built for you specifically, and it costs nothing.
For MT5 forex and prop firm traders — yes. It has features like AI statement reading and Five Percent Online support that paid journals don't offer. For stock traders or those needing TradingView integration, paid options may suit better.
FreeTradeTracker is the best free trading journal for forex and MT5 traders in 2025. It includes MT5 import, P&L analytics, win rate tracking, session breakdown, AI import, and cloud sync — all free with no credit card required.
Yes. It's a web app that works on any browser including mobile Safari and Chrome. No app download required.
No subscription. No credit card. Import your first MT5 statement in under 2 minutes.
Start Free — No Card Needed