AlgoBars
Myfxbook alternative
A Myfxbook
AutoTrade alternative
Myfxbook AutoTrade is a free copy-trading service: you pay through your broker's spreads or commissions, and some partner brokers add a small markup. You need an account at one of its partner brokers, usually with a live balance of around $1,000. AlgoBars copy trading is also free to use on integrated brokers, lets you copy with your own risk limits, and lets you build your own strategies or earn from followers as a leader.
Last updated · Trading involves risk of loss.
Compared
Myfxbook figures from 2025 to 2026 reviews and broker guides, checked October 2026.
| Myfxbook AutoTrade | AlgoBars | |
|---|---|---|
| Price | No separate fee; broker spreads, commissions or markup | Free to use; see note on own MetaTrader accounts |
| Brokers | Partner brokers (around 40+) | 334 brokers and 131 prop firms |
| Minimum | Often around $1,000 live balance | None set by AlgoBars |
| Build your own bots | No, copying only | Yes: plain English, no-code or AlgoBarsX |
| Earn as a leader | Via Myfxbook signal programs | Monthly subscriptions, payouts in cash or crypto |
Own MetaTrader accounts: each MetaTrader 4, MetaTrader 5, cTrader or external broker account you connect is $97 a month or $1,000 a year. Trading on brokers integrated with AlgoBars is free.
Good to know
Everything you would pay for, free on AlgoBars.
Here is what you get on AlgoBars at $0, compared with paying for Myfxbook AutoTrade.
| What you get | On AlgoBars |
|---|---|
| Copy trading | Unlimited copy trades, free |
| Share or sell your own strategies | Free to post on Explore |
| Strategies running 24/7 | Free on AlgoBars servers, with no VPS |
| Backtesting | Free and unlimited, on every account |
| Live trading | Free on integrated brokers |
What actually costs money.
Backtests you can trust.
Is Myfxbook AutoTrade free?
It has no separate subscription fee; costs come through your broker, and some partner brokers add a markup.
What does AlgoBars add?
Copy trading across integrated brokers, your own risk limits, PAMM and MAM, and tools to build strategies and earn as a leader.
What does Myfxbook AutoTrade cost compared with AlgoBars?
Myfxbook AutoTrade: No separate fee; paid through broker spreads, commissions or markup, as published when checked. AlgoBars: $0 for every platform feature, on every account.
Is AlgoBars really free?
Yes. Every platform feature is free on every account, with no card and no trial clock. There are no plans, tiers or credits to buy.
Does AlgoBars charge for backtesting?
No. Backtests are free and unlimited on every account, on any market and timeframe AlgoBars has data for. Walk-forward analysis and Monte Carlo simulation are free too.
Do I have to leave Myfxbook AutoTrade to use AlgoBars?
No. AlgoBars is free, so you can start alongside Myfxbook AutoTrade. To keep trading where you are, connect your account and run AlgoBars on top of it. Each account you connect is $97 a month or $1,000 a year. Or trade through AlgoBars’ integrated brokers for $0: the simplest choice and the biggest saving.
Start building today.
Free to explore. Talk to us 24/7 at +1 855-889-6969.
Every feature, free. No card. No catch. · AI at compute cost only · Trading involves risk