Quantprove vs Myfxbook
Myfxbook tracks and publishes your account automatically. Quantprove proves whether the edge behind those results is statistically real, then monitors it for decay.
Same trade history.
Two answers.
Quantprovevs.
Quantprove vs Myfxbook
the key differences
See whether your strategy holds a genuine statistical edge in about 30 seconds. Quantprove scores it, validates it live, and tracks decay, all from a single CSV.
Compare plans Find the right fit | QuantprovePro ↗ | FREE |
|---|---|---|
0-100 Edge Score A single 0-100 score for whether your strategy holds a real statistical edge, adjusted for how many trades you have. | — | |
Statistical significance testing Reshuffles your trades 10,000 times to test whether your results could have happened without an edge. | — | |
Monte Carlo simulation Resamples your trades into thousands of alternate paths to map the full range of plausible outcomes and drawdowns. | — | |
Walk forward / out of sample validation Trains on one window of your trades, tests on the next, and reports the retention rate to expose curve-fitting. | — | |
Backtest vs live stability check Compares your live trades against your backtest to show whether real performance matches what you tested. | — | |
Edge decay monitoring Tracks your system as you trade forward and flags when the edge starts to fade. | — | |
Prop firm challenge simulator Simulates your strategy against prop firm rules and reports your probability of passing the challenge. | Prop Shield (tracking)↗ | |
Multi asset benchmark (SPY / Gold / BTC) Compares your returns to SPY, Gold, BTC, or any ticker you choose, to spot whether your profit is your own edge or just market correlation. | — | |
Time to first answer How fast you go from data to a verdict on your edge. | About 30 seconds | — |
Verified account tracking Auto-syncs a live brokerage account and publishes a verified track record. | — | |
Social and copy trading Community profiles, sentiment, and copy trading from other accounts. | — | |
Trade import How you can upload your trades. | CSV, Excel, HTML, JSON | MT4/MT5 only |
Free plan A free tier to start. | ||
Monthly pricing How much it costs. | $29/mo | Free |
Platform Where it runs. | Web (any device) | Web |
I built Quantprove because tracking a track record was never the same as proving it. Myfxbook shows the curve. Quantprove tells you whether the edge behind it is statistically real.
Quantprove vs. others
See how Quantprove stacks up against other trading tools.
Frequently asked questions
Updated June 2026
No. They do different things. Myfxbook is a social trading platform that tracks your MT4/MT5 account automatically, generates performance reports, and lets you share results publicly. Quantprove is a statistical verification tool that scores whether your strategy holds a real edge and monitors it for decay. Myfxbook shows what happened. Quantprove tells you whether the edge behind those results is statistically real.
Myfxbook gives you performance tracking and community features at no cost, which is valuable. But it does not calculate whether your results come from genuine edge or random variance. A strategy can show positive returns on Myfxbook and still have no statistical edge. Quantprove scores your strategy 0 to 100 across four dimensions and runs Monte Carlo and significance tests to separate real edge from luck.
Yes. Use Myfxbook for automated account tracking and social proof. Export your trade history from Myfxbook or your broker, then upload the CSV to Quantprove. Myfxbook handles the public facing analytics. Quantprove handles the private statistical verification... do I have edge, and is it holding up?
Quantprove. Myfxbook publishes a verified record of what happened. Quantprove answers whether that record reflects a real statistical edge, using significance testing, Monte Carlo, walk forward validation, and live decay monitoring. For verified social proof, Myfxbook is the better fit. For proving the edge is real, Quantprove is.
No. A verified record confirms the trades and returns are real, not faked. It does not test whether those returns came from a genuine edge or from variance. A positive verified curve can still be luck. Quantprove takes the same trades and tests, with significance testing and Monte Carlo, whether the edge is statistically real.
Related: Edge Score · Stability Score · Health Score · Reading your scores
Stop guessing whether your edge is real.
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