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What is TradersWatcher?

TradersWatcher is a cutting-edge trading journal designed to highlight the essential elements of a trader's performance that are often missed by standard statistics, such as trade execution and the trader's emotional state during decision-making moments. The platform includes an Expert Advisor that streams real-time data on every trade fill from MT4 and MT5, providing critical insights into latency, slippage, spread at fill, requotes, and partial fills—metrics that a basic CSV export fails to capture—while also assessing broker performance based on actual trade outcomes. For those using trading platforms outside of MetaTrader, the system supports imports from 14 different broker and exchange formats, employing AI-assisted mapping for any data it encounters for the first time and ensuring deduplication to avoid redundant re-imports. Each trade entry is meticulously documented with its corresponding setup, the emotional state of the trader, the intensity of the decision, and a marker indicating whether the trade adhered to the established trading plan, accompanied by a concise spoken review that is recorded and transcribed at the conclusion of each trading session. Comprehensive statistics are subsequently produced based on a variety of factors, including setup type, time of day, trading session, day of the week, trading symbol, and emotional state. Furthermore, proprietary traders can take advantage of a powerful rule engine featuring 15 preset configurations, all designed to align with the specific timezone of their firm. It is crucial to note that the platform refrains from placing orders, sending signals, or copying trades, functioning instead as a reflective and analytical tool that empowers traders to evaluate and enhance their performance over time, ultimately fostering personal growth and strategic improvement in their trading endeavors.

What is FTMO?

Established in 2015, FTMO is an innovative proprietary trading firm that allows traders to manage demo accounts with balances up to $200,000. The company has developed a unique evaluation process featuring the FTMO challenge and verification stages, designed to identify and nurture trading talent. After successfully completing these phases, traders can operate in a simulated environment and keep as much as 90% of their earned profits, all while mitigating any personal financial risk. FTMO provides a selection of trading platforms, including MetaTrader 4, MetaTrader 5, cTrader, and DxTrade, catering to various trading strategies and styles. Beyond trading opportunities, FTMO is dedicated to the growth of its traders through the FTMO Academy, which offers insightful educational resources and performance coaching. Moreover, outstanding traders may qualify for an exclusive premium program that presents better profit-sharing possibilities and potential job offers, paving the way for sustainable success in the trading arena. This robust framework of support not only enhances traders' skills but also establishes FTMO as a premier option for those aspiring to thrive in their trading journeys. As such, FTMO exemplifies a commitment to fostering a new generation of skilled traders in an evolving market landscape.

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Integrations Supported

MetaTrader 4
MetaTrader 5
cTrader
DXtrade

Integrations Supported

MetaTrader 4
MetaTrader 5
cTrader
DXtrade

API Availability

Has API

API Availability

Has API

Pricing Information

$0
Free Version
Free Trial Offered?

Pricing Information

Free
Free Version
Free Trial Offered?

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

TradersWatcher

Company Location

Canada

Company Website

traderswatcher.com

Company Facts

Organization Name

FTMO

Date Founded

2015

Company Location

Czech Republic

Company Website

ftmo.com

Categories and Features

Categories and Features

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