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Account History

MTrader (khaled912)
Feb 09 2017 at 10:00
14 Posts
I have multiple accounts at different brokers and I'm using ftp publishing to upload my transactions history to myfxbook. I'm trying to keep a robust history of my accounts for tax purposes, but my brokers can't guarantee keeping the transactions history indefinitely.

What will happen to myfxbook account history if my broker deleted part (or all) of my account history? Will myfxbook keep the existing history and merge the new transactions? Or will the myfxbook account history get deleted as well?

If it'll get deleted on myfxbook, any advice on how to conveniently keep all my transactions history?
kennyhubbard (compuforexpamm)
Feb 09 2017 at 10:54
265 Posts
Any reason not to use any of the following :-

1. Daily/monthly statements sent by your broker.
2. Print a statement from the terminal.

Wealth Creation Through Technology
MTrader (khaled912)
Feb 09 2017 at 12:46
14 Posts
I don't receive statements from all my brokers.

Printing a statement from the terminal seems like a good fallback solution. I could also manually keep track of my monthly stats in a spreadsheet. It's just more tedious to do that for 10 accounts. It'll even be more tedious to perform any sort of analytics.

It'll be much more convenient for me if there's a service that can do that. Myfxbook provides all the information that I need, and it would solve my problem if it can keep my history even if my broker deleted it.

Still open to other suggestions that can scale for multiple accounts without a significant manual overhead :)
Tiffany (TiffanyK)
Feb 09 2017 at 14:15
427 Posts
I do believe that your account history should be saved here on myfxbook (this is how it should be) – but cannot guarantee that. Maybe you should wait for some administrator to confirm that to you. Good luck!
Accept the loss as experience
MTrader (khaled912)
Feb 10 2017 at 07:29
14 Posts
just received the following response from support

'We never remove history, your account will include your older data even if it was removed by your broker.'
Tiffany (TiffanyK)
Feb 13 2017 at 16:10
427 Posts
So yes – I was thinking the same. That is easier for the traders because here you can save all your history no matter how many different brokers or platforms you use. Good job to Myfxbook!
Accept the loss as experience
vontogr (togr)
Feb 14 2017 at 07:20
4862 Posts
khaled912 posted:
I have multiple accounts at different brokers and I'm using ftp publishing to upload my transactions history to myfxbook. I'm trying to keep a robust history of my accounts for tax purposes, but my brokers can't guarantee keeping the transactions history indefinitely.

What will happen to myfxbook account history if my broker deleted part (or all) of my account history? Will myfxbook keep the existing history and merge the new transactions? Or will the myfxbook account history get deleted as well?

If it'll get deleted on myfxbook, any advice on how to conveniently keep all my transactions history?
@khaled912
Dont worry MFB will keep history even if broker deletes it.
But dont delete your account on MFB.
Fredrick (shirley_F)
Feb 14 2017 at 10:01
41 Posts
I guess the brokers should not simply delete any history but archive and store it somewhere. Maybe you can check with these brokers if they have such an option, so that even if deleted from the terminal, the history is stored online where you can access it with account credentials.
MTrader (khaled912)
Feb 14 2017 at 12:24
14 Posts
one my brokers explicitly told me that keeping the history is best effort and can not be guaranteed
Tiffany (TiffanyK)
Feb 16 2017 at 16:15
427 Posts
Well this explanation is simply not enough. They shouldn’t be deleting any history of trading. Most traders are using the history when developing their strategy. Why are you still with this broker?
Accept the loss as experience
MTrader (khaled912)
Feb 17 2017 at 07:11
14 Posts
I'm from the US. Beggars can't be choosers.
I basically have accounts with all ECN brokers and that offer the basic features that I need and that accept US clients... all 4 of them...
vontogr (togr)
Feb 17 2017 at 07:12
4862 Posts
khaled912 posted:
I'm from the US. Beggars can't be choosers.
I basically have accounts with all ECN brokers and that offer the basic features that I need and that accept US clients... all 4 of them...
What are these?
Tallinex...
MTrader (khaled912)
Feb 17 2017 at 07:48
14 Posts
Tallinex does not accept US clients anymore.
The list is here: https://forums.babypips.com/forex-brokers/36221-going-offshore-escape-cftc.html

The 4 brokers I have accounts with are TradeWiseFx, FinproTrading, TradersWay and FXChoice.
vontogr (togr)
Feb 17 2017 at 08:16
4862 Posts
khaled912 posted:
Tallinex does not accept US clients anymore.
The list is here: https://forums.babypips.com/forex-brokers/36221-going-offshore-escape-cftc.html

The 4 brokers I have accounts with are TradeWiseFx, FinproTrading, TradersWay and FXChoice.

I have very good experience with TradersWay. Never had any problem with them. Regulation ehm sucks.
vontogr (togr)
Feb 17 2017 at 08:35
4862 Posts
khaled912 posted:
I'm from the US. Beggars can't be choosers.
I basically have accounts with all ECN brokers and that offer the basic features that I need and that accept US clients... all 4 of them...

Do you expect this will change with Trump?
MTrader (khaled912)
Feb 17 2017 at 10:10
14 Posts
I certainly hope so! In fact, I'm very optimistic. The new CTFC chair appointed by Trump has a very promising philosophy:

vontogr (togr)
Feb 17 2017 at 10:11
4862 Posts
khaled912 posted:
I certainly hope so! In fact, I'm very optimistic. The new CTFC chair appointed by Trump has a very promising philosophy:


Everyone will prospect more if US loose the leash
Michael
pgfritz
Feb 21 2017 at 07:54
8 Posts
hink you should look for ways to back up your history also in another format or platform apart from Myfxbook. After all, you are most interested in keeping that track record complete.
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