TrackFx Review – Pros, Cons, My Experience


TRACK FX

10

COST

10.0/10

EASE OF USE

10.0/10

FEATURES

10.0/10

Pros

  • IMPORT HISTORICAL DATA
  • GREAT TEAM BEHIND THE PROJECT
  • FREE TO SIGNUP!
  • OVER 20 METRICS
  • CONNECT TO ANY BROKER

Cons

  • FAIRLY NEW

Although it’s not the most exciting part of the job, by any means, journalling trades is a key part of being a forex trader. In fact, all successful traders put a huge amount of time into journalling and developing all areas of their trading from psychology to trading strategies. Although this can be done manually using spreadsheets, for the best analytics and results, having a system/platform in place is key to drive this growth.

In this article, we are going to be taking a dive into TrackFx. TrackFx is a very new trading journal brought out by some very influential figures in the retail forex arena. The offering is very complete and it’s certainly clear to see how it’s earned a place on our top forex journals list.Opens in a new tab.

What Is TrackFx?

TrackFxOpens in a new tab.

TrackFx was released to the public for free in Q3 of 2021, so it’s certainly a new player in the trading journal space. With that being said, they are coming to the market with more technology than the majority of the top journalling competitorsOpens in a new tab.

What Makes TrackFx Different To Other Forex Trading Journals?

TrackFxOpens in a new tab.

1. Industry Experience

One of the main areas that sets TrackFx apart from the competition is simply the experience the team are coming with. The owners of the project are the guys behind AstroFxOpens in a new tab.

Having this kind of experience means they know exactly what is needed in a trading journal and what kind of support forex traders would need in order to be successful.

2. Advanced Statistics & Metrics

The trading journal will automatically look at over 20 metrics to show traders exactly what they need to know to improve their trading and grow from their past performances. These metrics are displayed in graphs, charts and just numbers to cater for all needs.

3. Import Trade History Automatically

TrackFx allows traders to import historical trading data from over 1000 different brokers. This will all happen automatically so you don’t need to manually sift through all of your data to get the statistics needed. This makes the process extremely fast and reduces the chance of human error dramatically.

4. Free To Sign Up

Weirdly, TrackFx is currently completely free to sign up! I imagine this won’t last, so I would highly recommend creating your free account now in order to have a look at the offering and features of the journal. Most of the high quality trading journals like Forex BookOpens in a new tab.

How Much Does TrackFx Cost?

One of the best features of TrackFx is that it’s currently free! With such advanced technology, I would speculate that it isn’t going to stay free forever and nor should it. However, at the time of writing this it’s completely free to sign up and I would highly recommend just creating an account to test the offering before there is a cost in the future.

Many of the top forex trading journals in our listOpens in a new tab.

Who Is Behind TrackFx?

I don’t usually like to look at who is behind a system or tool as it’s not really too necessary. However, in this case, TrackFx is run by a great team and I think it’s actually worth focusing on.

Astro FxOpens in a new tab.

When I realised who was actually behind the project I was instantly intrigued as I know that these guys put out great quality tools in this market. You can see ownership here on Companies HouseOpens in a new tab.

TrackFx Reviews – What Do Traders Think?

As mentioned in our Forex Book review,Opens in a new tab.

This has to be taken with a pinch of salt and certainly isn’t a bad thing. At the time of writing this article, in October 2021, TrackFx has literally been released for a few weeks so if we did happen to see a huge amount of reviews they would most likely be bought. Regardless, I will be circling back to the reviews over the next few weeks as more traders are using the platform to journal their trades.

Conclusion – Is TrackFx The Best Forex Trading Journal?

In summary, TrackFx is definitely one of the best forex trading journals and it’s clear to see why it places so highly in our top forex trading journals listOpens in a new tab.

I’d definitely recommend signing up for yourself and taking a look at the offering now as I imagine over the first few months of being live there are going to be changes and updates made frequently in the platform. If you’re currently using this service or have any questions, please do leave a comment down below – I’d be very curious to see how Track Fx is being received.

Kyle Townsend

I've been trading forex full-time since 2016. Over the last few years I have tried and tested all of the most popular forex brokers after being scammed by an unregulated broker back in 2017. I post my reviews to help others stay away from potentially high risk brokers!

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