Are there any fees associated with using MyFxBook for live updates?
MyFxBook offers both free and premium subscription options for traders. Here's an overview of the fees associated with using MyFxBook for live updates:
Free Account: MyFxBook provides a free basic account that allows you to connect your trading account, view live updates, and access certain features. With a free account, you can track your trading performance, utilize basic analytics tools, and share your account information with others. However, some advanced features may be limited or unavailable in the free version.
Premium Account: MyFxBook offers a premium subscription called "AutoTrade" that provides access to additional features and functionality. AutoTrade allows you to become a signal provider and share your trades with followers who can automatically replicate your trades in their own accounts. The premium subscription fee varies depending on the number of followers and the size of your account. You can find the current pricing details on the MyFxBook website.
Third-Party Service Fees: While MyFxBook itself does not charge any additional fees for live updates, it's important to note that your broker or other third-party services you may use could have their own fees. For example, your broker may charge commissions or spreads on your trades. Additionally, if you choose to use MyFxBook's AutoTrade feature as a signal provider, there may be fees associated with follower subscriptions, which are determined by MyFxBook's AutoTrade program.
It's recommended to review the latest pricing information and terms on the MyFxBook website or contact their support directly to get the most accurate and up-to-date information regarding any fees or subscription costs associated with using MyFxBook for live updates.