What is myfxbook?

What it means

It connects through the investor password or a broker API and then computes the statistics itself from the trade history. Because the numbers are derived rather than declared, a Myfxbook widget is meaningfully stronger evidence than a screenshot of a terminal — which anyone can edit in a browser in about thirty seconds.

Why it matters

Stronger is not the same as sufficient. Myfxbook reports what the connected account did; it does not certify that the account is real money, that it is the only account the vendor ran, or that the strategy shown is the one being sold. All three of those gaps are routinely exploited, and none of them require faking anything.

What this changes in practice

The checks worth doing take about a minute: confirm the Verified badges for both the track record and the trading privileges, look at account age and total trades rather than the headline percentage, read the gain figure knowing how deposits distort it, and check deposit load to see how much of the equity was actually at risk.