An MT5 trading journal that syncs your trades automatically
Connect once with a read-only investor password. Every fill, partial close, swap, and commission appears in the journal in seconds. Works with retail MT5 brokers and most prop firm MT5 servers. Included in the 14-day Pro trial.
MT5 has been the default at most newer brokers and most prop firms for a few years now, but journaling tools still treat it like an afterthought. Half of them ask you to export a statement and upload it weekly. The other half handle MT4 well and fall over on MT5 hedge accounts.
We use MetaAPI under the hood. Same connection model as MT4: read-only investor password, no master credentials, no permission to place trades or withdraw funds. The Pro tier includes one live MT5 (or MT4) connection. Extra accounts are +$10/mo each.
The 14-day Pro trial includes live MT5 sync. Cancel anytime before it ends.
How the MT5 connection works
You give us your MT5 account number, broker server, and investor password. The investor password is read-only by design. It is exposed by the broker precisely so you can share it with auditors and journal tools without risking your account.
Setup takes about 90 seconds. Pick your broker from the dropdown, paste credentials, hit connect. The journal backfills your recent trade history on the first sync and then runs live. Every new fill appears in the dashboard within seconds.
MT5-specific things the journal handles
- Position grouping by MT5 positionId, which keeps multi-fill trades and partial closes attached to the same position.
- Partial closes logged per tranche with their own R-multiple and P&L.
- Commission and swap pulled from the deal stream and stored separately from gross P&L.
- Symbol normalization for broker-specific prefixes/suffixes (XAUUSD.r, EURUSD#, etc.).
- Session, day-of-week, and time-of-day analytics that work for MT5 forex, metals, indices, and CFDs.
Standard vs Pro for MT5 journaling
| MT5 capability | Standard ($30/mo) | Pro ($55/mo) |
|---|---|---|
| Live MetaAPI MT5 sync | No | Yes (1 included) |
| CSV statement import | Yes | Yes |
| EA webhook import | Yes | Yes |
| Extra MT5 connections | N/A | +$10/mo each, up to 10 |
| Multi-account dashboard | No | Yes |
| Prop firm rule tracking | No | Yes |
| AI Coach on MT5 data | No | Yes |
If you only trade one MT5 account end-of-day, Standard plus CSV import covers most of the analytics. For prop firm traders who want live drawdown tracking or anyone with 2+ MT5 accounts, Pro is the fit.
MT5 brokers and prop firms
Most major MT5 broker servers connect cleanly through MetaAPI, including the prop firm servers from FTMO, FundedNext, MyForexFunds, and The 5%ers. Apex Trader Funding offers an MT5 product on top of its NinjaTrader option, and that MT5 path syncs.
Some brokers expose investor passwords only on request through support, which can make the first connection slow. If your broker is not in the supported list during connection, CSV import from the MT5 statement export works as a fallback.
For prop firm traders on MT5
Most prop firms now run MT5 servers. Once the live sync is connected, Pro layers your configured rule values on top of the trade data and you get the prop firm dashboard with daily DD, trailing DD, and total loss tracking. Details on the prop firm trading journal page.
MT5 journaling options compared
| Approach | TraderDNA Pro | Tradervue | TradeZella | Spreadsheet |
|---|---|---|---|---|
| MT5 live auto-sync | Yes | No | Yes (paid) | No |
| Positions tracked by positionId | Yes | Limited | Yes | Manual |
| Partial close granularity | Per-tranche | Aggregated | Per-tranche | Manual |
| Free trial length | 14 days | 7 days | Varies | N/A |
| Mobile journaling | Yes | Limited | Yes | Not really |
Frequently asked
Does MT5 sync work the same way as MT4?
What about MT5 hedge accounts vs netting accounts?
Which tier includes live MT5 sync?
Are prop firm MT5 servers supported?
How are MT5 commissions tracked?
Connect MT5 once and stop exporting statements
Read-only investor password, real-time sync, partial closes tracked properly. 14-day Pro trial, cancel anytime before it ends.
Start the free trial