Trade Diary
₹299/month or ₹999/year
About ₹83/month on the annual plan, inclusive of GST. Free plan available with no credit card required. All features priced in INR—no currency conversion.
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The best Myfxbook alternative for Indian traders
Considering Myfxbook? Here is a detailed look at pricing, features and exactly what Trade Diary offers that Myfxbook does not—so you can pick the trading journal that actually fits your workflow.
Overview
Why traders look for a Myfxbook alternative
Traders often search for a Myfxbook alternative when the tool no longer matches how they trade or review performance. Myfxbook is best known for forex analytics, verification and community and typically suits forex performance tracking, with pricing described as free / partner-supported and market coverage across forex and supported accounts. The common gap is simple: less suited to discretionary stocks/options review. Trade Diary is a purpose-built trading journal for Indian NSE, BSE and F&O traders that combines structured journaling, setup and mistake tagging, screenshots, psychology tracking, AI-assisted insights, automatic analytics and a built-in paper trading simulator—priced in INR with a free plan. This page compares both tools on pricing and features, and lists precisely what Trade Diary offers that Myfxbook does not, so you can judge whether switching is worth it for your trading.
Pricing comparison
Trade Diary vs Myfxbook pricing
Pricing models change and international tools often bill in USD. Compare the model, not just the sticker price, and verify current terms before you commit.
Myfxbook
Free / partner-supported
Confirm current plans, trials, regional availability and any currency conversion. Total cost can be higher for Indian traders once conversion and premium tiers are included.
Pricing verdict: For Indian traders, Trade Diary is usually the more cost-effective choice—transparent INR pricing, a genuine free plan, and journaling, analytics, AI and paper trading bundled into one subscription instead of separate add-ons.
The key difference
What Trade Diary offers that Myfxbook does not
These are the capabilities Indian traders most often miss in Myfxbook—and the main reasons they switch to Trade Diary.
Execution journaling: Trade Diary records and reviews real trades with P&L, setups and outcomes, while Myfxbook focuses on charting or account analytics rather than a decision journal.
Psychology and mistake tracking: Trade Diary captures emotions, rules and repeated mistakes; Myfxbook does not build a behavioural review around your executions.
Setup performance across trades: Trade Diary aggregates results by setup and strategy, going beyond the chart-level or single-account view in Myfxbook.
AI journal insights: Trade Diary applies AI to your personal trade log, whereas Myfxbook's analytics are not a journaling engine.
One connected workflow: Trade Diary keeps journaling, analytics and paper trading together instead of splitting them across Myfxbook plus a separate journal.
Feature matrix
Trade Diary vs Myfxbook at a glance
A quick capability check. Availability in Myfxbook can vary by plan, broker and region.
CapabilityTrade DiaryMyfxbook
Purpose-built for Indian NSE, BSE & F&O journaling
No
INR-first pricing with Indian brokerage context
No
Structured setup & strategy tagging
No
Behavioural psychology & mistake tracking
No
Screenshot-based trade journaling
Limited
AI-assisted journal insights
Limited
Built-in paper trading simulator
Limited
Automatic performance analytics (no formulas)
Limited
Guided weekly review workflow
No
Detailed differences
Trade Diary and Myfxbook across six dimensions
Pricing & value
Trade DiaryFree plan plus ₹299/month or ₹999/year, inclusive of GST.
MyfxbookFree / partner-supported
Markets
Trade DiaryBuilt for Indian NSE, BSE, equity and F&O trading.
MyfxbookForex and supported accounts
Imports & data
Trade DiarySelected Indian broker integrations, CSV and structured manual entry.
MyfxbookAutomatic connected-account analysis
AI & analytics
Trade DiaryAI-assisted review, setup performance and mistake patterns.
MyfxbookAccount analytics
Replay & practice
Trade DiaryIntegrated paper trading and post-trade review.
MyfxbookLimited
Mobile access
Trade DiaryResponsive cloud-based experience across devices.
MyfxbookWeb/mobile
Is switching right for you?
Switch to Trade Diary or stay with Myfxbook
Switch to Trade Diary if…
- You trade Indian markets (NSE, BSE, F&O) and want INR-first reporting.
- You want journaling, psychology, mistake tracking and analytics in one affordable tool.
- You prefer a low-maintenance, purpose-built workflow over charting and analytics platforms limitations.
- You value a built-in paper trading simulator and a guided weekly review.
Stay with Myfxbook if…
- Your main priority is Myfxbook's core strength: forex analytics, verification and community.
- You specifically need forex performance tracking.
- Your workflow depends on specialist charting, replay, market research or account-analysis capabilities.
Conclusion
The verdict on the best Myfxbook alternative
If you trade Indian markets and want a single, affordable tool that turns executions into repeatable lessons, Trade Diary is a strong Myfxbook alternative. It adds what Myfxbook typically lacks for this audience: NSE, BSE and F&O journaling with INR reporting, structured setup and mistake tagging, screenshots, psychology tracking, AI-assisted insights, automatic analytics without spreadsheet maintenance, and a built-in paper trading simulator—at ₹299/month or ₹999/year with a free plan to start. Myfxbook remains worth keeping when your priority is specialist charting, replay, market research or account-analysis capabilities, since its clearest strength is forex analytics, verification and community; just remember that less suited to discretionary stocks/options review. The practical approach is to log or import your recent trades into Trade Diary, tag setups and mistakes, run one weekly review, and compare the workflow directly. Most Indian traders find the purpose-built journaling, transparent pricing and integrated paper trading make Trade Diary the more complete long-term choice.
More alternatives
Other charting and analytics platforms alternatives
Make the switch
Try Trade Diary as your Myfxbook alternative
Start free, log your next 20 trades, and see the difference a purpose-built Indian trading journal makes.
Editorial disclosure: Trade Diary is our product. This page explains product fit, including where Myfxbook may be stronger. Third-party pricing, features, integrations and availability change; verify current information with the provider. Last reviewed July 2026.