FX Monitor Reviews 

Written by the company

FX Monitor is a portfolio analytics and account monitoring platform built for serious algorithmic and discretionary traders working with MetaTrader 4 and MetaTrader 5. We help traders answer the questions that matter most: which strategies are actually making money, where hidden correlation risk is sitting in their portfolio, and whether live performance still matches the backtest. The platform connects to any MT4 or MT5 account through a personal, read-only API key — no broker passwords are ever shared, and FX Monitor cannot place, modify, or close trades. Compatible with 200+ brokers and major prop firms including IC Markets, Pepperstone, Tickmill, Exness, Darwinex, FTMO, and Aquafunded. What you get inside the platform: - Real-time monitoring of balance, equity, margin, floating P&L and open positions across multiple accounts and brokers, unified into a single multi-currency portfolio dashboard. - Deep analytics that go far beyond a basic equity curve: TWRR-based returns, Sharpe ratio, profit factor, Z-score, MAE/MFE efficiency, monthly performance matrix, and breakdowns by symbol, day, hour, and trading session. - Expert Advisor analysis by Magic Number — see exactly which EAs are profitable and which are quietly draining your account. - Backtest module with Monte Carlo simulation (10,000 scenarios) and a portfolio correlation matrix to evaluate strategies before risking real capital. - Strategy Analysis — overlay backtest and live equity curves on the same chart, with intelligent alerts when win rate, drawdown, or profit factor deviate from expectations. - Portfolio Intelligence AI Agent powered by Claude, trained on your full trading history — ask portfolio-manager-level questions and get answers grounded in your actual data. - Instant alerts via mobile push notifications and a Telegram bot for trades, drawdown thresholds, and offline accounts. See more