No CSVs

An MT5 trading journal that syncs your trades automatically

Connect once with a read-only investor password. Every fill, partial close, hedge, swap, and commission appears in the journal in seconds. Handles MT5 hedge and netting accounts. Included in the 14-day Pro trial.

Start the free trial How the sync works

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 with no credit card on file.

MetaAPI-powered

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.

Detail matters

MT5-specific things the journal handles

Hedge accounts: each position tracked separately. Multiple positions on the same symbol do not net out and lose history.
Netting accounts: average price + cumulative volume tracked across position adjustments.
Partial closes: each tranche logged as its own R-multiple and MAE/MFE.
Commission reporting per-trade, separated from gross P&L.
Swap/rollover tracking on overnight positions.
Symbol-mapping for broker-specific prefixes/suffixes (XAUUSD.r, EURUSD#, etc.).
MT5 timeframes in the analytics (M1 through MN).

What's where

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 running live rule meters or anyone with 2+ MT5 accounts, Pro is the fit.

What works

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.

Tip: in MT5, the investor password is set separately from the main login in the "Change Password" dialog. Generate a fresh one for the journal and you can rotate it any time without touching your trading account.

Layered rules

For prop firm traders on MT5

Most prop firms now run MT5 servers. Once the live sync is connected, Pro layers the firm's rules on top of the trade data and you get the prop firm dashboard with daily DD, trailing DD, consistency, and news lockout tracking. Details on the prop firm trading journal page.

Side by side

MT5 journaling options compared

Approach	TraderDNA Pro	Tradervue	TradeZella	Spreadsheet
MT5 live auto-sync	Yes	No	Yes (paid)	No
Hedge account support	Yes	Limited	Yes	Manual
Partial close granularity	Per-tranche	Aggregated	Per-tranche	Manual
No-card trial	Yes (14 days)	Yes (7 days)	Varies	N/A
Mobile journaling	Yes	Limited	Yes	Not really

FAQ

Frequently asked

Does MT5 sync work the same way as MT4?

Yes. Both run through MetaAPI with the read-only investor password. Pick MT5 from the broker dropdown during connection and the flow is identical.

What about MT5 hedge accounts vs netting accounts?

Both are supported. MT5 hedge accounts (the default at most retail brokers) keep each position separate. Netting accounts net positions on the same symbol. The journal handles either, including partial closes.

Which tier includes live MT5 sync?

Pro ($55/mo) includes one live MT4 or MT5 connection. Extra MT5 connections are +$10/mo each, up to 10 accounts total. The 14-day Pro trial includes live MT5 sync with no credit card.

Are prop firm MT5 servers supported?

Most major prop firm MT5 servers connect cleanly (FTMO, FundedNext, MyForexFunds, The 5%ers, Apex on its MT5 product). If a server is not in the supported list during connection, CSV import from the MT5 statement export works as fallback.

How are MT5 commissions tracked?

MT5 reports commissions per-trade through MetaAPI. The journal pulls them in and shows them separately from gross P&L, so you can see the real cost of trading exotic pairs or low-liquidity sessions.

Connect MT5 once and stop exporting statements

Read-only investor password, real-time sync, hedge and netting accounts both supported. 14-day Pro trial, no credit card.

Start the free trial