Fx Trade Monitor: MT5 dashboard for tracking trades, exports and risk alerts

This review of Fx Trade Monitor presents a 2026 performance analysis that examines trade reporting accuracy, drawdown notifications, and export capabilities. Fx Trade Monitor stands out because it prioritizes transparency over automation: the tool does not place orders but captures detailed trade metadata and displays on-chart summaries. In this 2026 review context the performance reporting features are evaluated for reliability, latency, and compatibility with third-party analysis workflows. Fx Trade Monitor was developed for the MT5 platform by Adam Zolei, and the utility integrates with expert advisors by filtering trades through Magic Number or comment tags. The underlying approach reads trade history and account equity in real time, calculates running drawdowns, and triggers configurable alerts when thresholds are breached. This makes it useful in volatile intraday environments where quick reaction to equity deterioration matters. In practical use, Fx Trade Monitor works best on liquid forex majors and indices where execution latency is low; it handles both low-frequency manual systems and higher-frequency EA portfolios by adapting alert sensitivity. Risk management is centered on drawdown-aware notifications and exporting CSV files for external position-sizing analysis. Expected performance characteristics are not profit-generation but clarity: users should expect precise trade logging, timely drawdown alerts, and consistent exports to support statistical evaluation and strategy optimization.