What does 'track record verified' mean on Myfxbook?

It means Myfxbook has confirmed the trading history is complete and imported directly from the broker — the owner cannot delete losing trades or import a fabricated history. Without this badge, the history may be partial or edited.

What does 'trading privileges verified' mean on Myfxbook?

It confirms the account owner has real trading access to the account — proving the results come from an account they actually control, not a random profitable account they merely watch. A record missing this badge could be someone showcasing an account that is not theirs.

How long should a Myfxbook track record be before trusting it?

At least 6 months of live trading is a reasonable minimum, and 12+ months is much better because it spans different market regimes. A 6-week record — however spectacular — proves very little; short lucky streaks are common, especially for high-risk strategies.

Why are open trades important on a Myfxbook page?

Because floating losses live there. Grid and martingale systems show smooth closed-trade profits while large losing positions sit open and hidden. If the open trades section is private, or equity sits far below balance, treat the record as hiding risk.

Is a demo account record on Myfxbook meaningful?

It proves the strategy logic runs, but not much more — demo fills have no slippage, perfect liquidity and no psychological pressure. For buying decisions, insist on a real-account record; Myfxbook labels the account type near the top of the page.

How to Read a Myfxbook Record — and Spot a Fake One

Q: Is Myfxbook reliable for verifying an EA?

Myfxbook itself is reliable — it reads trades directly from the trading account via the broker's investor password or API. But a record is only as trustworthy as its badges: without a verified track record and trading privileges, the numbers can be manipulated. Always check both badges are green before trusting anything else on the page.

Q: Can Myfxbook results be faked?

Fully verified records cannot be directly edited, but sellers still mislead: demo accounts presented as real, unverified badges, cherry-picked date ranges, hiding open trades to mask floating losses, deposits masked as profit on the balance line, or abandoning bad accounts and only showing the lucky survivor. The checklist in this guide catches all of these.

By the XAUUSD Robot Team · Updated July 2026

How to read a Myfxbook record and verify any gold EA before trusting it

TL;DR a trustworthy Myfxbook record needs both green badges (track record verified + trading privileges verified), a real account (not demo), at least 6–12 months of history, and an equity drawdown you could actually live through. Then open the "Open Trades" and deposit history — that's where hidden floating losses and masked deposits live. Growth percentage is the last thing to look at, not the first.

On this page

Why verification matters more than screenshots
The two badges that make or break a record
The 5-minute verification checklist
Which numbers actually matter
7 tricks sellers use to fake good results
FAQ

Why verification matters more than screenshots

Every EA seller shows you a screenshot: a green equity curve, a big gain number, maybe an MT4 history export. All of those can be produced in minutes — on a demo account, with photoshop, or with a backtest passed off as live results. That's why third-party verification exists.

Myfxbook connects directly to the trading account (via investor password or broker API) and publishes every trade as it happens. The seller can't delete losers after the fact. That makes a properly verified Myfxbook page the single best piece of evidence an EA works — and an unverified one almost worthless. The skill is knowing which parts of the page to read, because even genuine records can be presented misleadingly.

The two badges that make or break a record

At the top of every Myfxbook account page sit two verification marks. Hover over them — green means verified:

Badge	What it proves	If it's missing
Track Record Verified	The full trading history is imported straight from the broker — nothing deleted, nothing hand-edited	History may be partial or fabricated. Walk away.
Trading Privileges Verified	The page owner has real trading access to this account — it's actually theirs	Could be someone showcasing an account they don't control

Both badges together are the minimum bar. Either one missing = the rest of the page proves nothing, no matter how good the curve looks.

The 5-minute verification checklist

Badges: both green? If not, stop here.
Account type: near the top, Myfxbook labels the account Real or Demo. Demo results ignore slippage and real spreads — interesting, not proof. (Spreads are brutal on gold; see choosing a gold broker.)
Age: 6 months minimum, 12+ preferred. A 6-week rocket is a coin-flip streak, not an edge.
Equity vs balance: if equity sits well below balance, losing positions are floating open right now. That gap is hidden risk.
Open trades visible? If the "Open Trades" tab is hidden/private, assume there's something in it the seller doesn't want seen.
Deposits & withdrawals: open the deposits chart. A "growing" balance that grows on deposit days isn't profit — it's funding.
Drawdown chart: look at the deepest valley, not the peaks. Would you have kept the robot on at that point?

Rule of thumb: spend your first five minutes on badges, account type, open trades and drawdown. Only if all four pass is the gain number even worth reading.

Which numbers actually matter

Metric	What to look for
Max equity drawdown	The honest risk number — includes floating losses. Under ~15% conservative, 50%+ a red flag. Full breakdown in our drawdown guide.
Monthly gain consistency	Steady small months beat one monster month plus noise. Check the monthly analytics table.
Profit factor	Gross profit ÷ gross loss. Above ~1.3 sustained on a long record is respectable; 3+ on a short record usually means luck or hidden risk.
Average win vs average loss	Tiny average wins with huge rare losses = grid/martingale fingerprint, even if the curve is smooth. Strategy patterns explained in gold EA strategy types.
Lots vs balance over time	Sudden lot-size jumps after a losing streak = revenge sizing or martingale stepping.

Notice what's not on this list: total gain %. It's the most advertised and least informative number, because it says nothing about the risk taken to get it.

7 tricks sellers use to fake good results

Demo dressed as real. The curve is genuine — on an account where spreads, slippage and emotions don't exist.
Unverified badges. The page exists, the numbers are self-reported. Most people never hover over the badges.
Survivorship picking. Run 10 aggressive accounts, blow up 9 quietly, market the lucky one. A long record makes this trick expensive — another reason to demand 12 months.
Hidden open trades. Closed-trade stats look clean while a -40% floating loss sits in the private open-trades tab.
Deposits masked as growth. The balance line climbs because money is being added, not earned.
Custom date ranges. Linking you straight to the best 3 months of an otherwise ugly history.
Backtest screenshots next to the Myfxbook logo. Implying verification without having any. A backtest is useful — we explain reading one in how to backtest a gold EA — but it is not a live record.

None of these require hacking Myfxbook — they only require you not to look closely. The checklist above defeats all seven, and it's the same standard we argue for in do gold trading robots actually work?

Where our robot stands: the free XAUUSD Robot is tracked live on Myfxbook — real account, verification badges on, open trades visible, hard stop-loss on every position so drawdown stays honest. Judge us by the same checklist on this page.

Get the Free Gold EA →

Questions we get

Is Myfxbook reliable for verifying an EA?

The platform is — it reads trades directly from the broker. Individual records are only trustworthy when both verification badges are green and the account is real.

What does "track record verified" mean?

The complete history is imported from the broker; the owner can't delete losing trades or upload an invented history.

What does "trading privileges verified" mean?

The page owner has real trading access — it's genuinely their account, not someone else's results being showcased.

Can Myfxbook results be faked?

Verified records can't be edited, but sellers mislead with demo accounts, unverified pages, cherry-picked dates, hidden open trades, and deposits masked as growth. The 5-minute checklist catches each of these.

How long should a record be?

Minimum 6 months live; 12+ months is far stronger because it spans different market conditions and defeats survivorship tricks.

Why do open trades matter?

Floating losses hide there. A smooth closed-trade curve with a private open-trades tab is the classic grid/martingale disguise.

Is a demo record meaningful?

It shows the logic runs, nothing more. No slippage, perfect fills. Insist on a real-account record before paying or committing money.

The verdict

A Myfxbook page is the best evidence an EA seller can offer — and still easy to misread if you start at the gain number. Read it the other way: badges first, account type, open trades, deposits, then equity drawdown, and only then the returns. Five minutes of checking filters out nearly every bad robot before it touches your money. And hold every vendor to it — including us.

Want a second pair of eyes on a record?

Send us any Myfxbook link — we'll tell you honestly what we see.

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More from the lab

Risk & affiliate disclosure: Educational content only, not financial advice. Myfxbook is a third-party service; verification reduces but never eliminates risk. Trading gold (XAUUSD) carries substantial risk of loss. We may earn a commission if you open an account through partner links, at no extra cost to you — this funds the free EA. See our Affiliate Disclosure.