TradingView is the best all-purpose site for tracking forex prices, charts, indicators and market activity. It covers four common needs: monitoring currency pairs, reviewing your trading results, following economic news and comparing currency performance. This guide was updated on.
The right site depends on what you want to track:
| What you want to track | Best site | Why |
|---|---|---|
| Live forex prices and charts | TradingView | Charts, indicators, alerts and watchlists |
| Your trading performance | Myfxbook | Connects supported accounts and analyses results |
| Economic news and interest-rate events | Forex Factory | Forex calendar with impact ratings |
| Currency quotes and news | Investing.com | Broad currency coverage, charts and performance tools |
Which Site Is Best for Live Forex Prices and Charts?
TradingView is the best choice if you want to monitor currency pairs and analyse potential trades. Its forex section covers major, minor and exotic pairs, along with currency indices such as the U.S. Dollar Index, currency heatmaps and economic events.
TradingView includes:
- Candlestick, line and bar charts
- Multiple timeframes
- RSI, MACD, moving averages and Bollinger Bands
- Price alerts
- Custom watchlists
- Currency heatmaps
- Forex news and economic events
- Paper trading with simulated funds
- Historical chart replay and strategy testing
TradingView's Paper Trading feature lets you practise trades without depositing real money. It tracks simulated orders and positions and supports market, limit and stop orders.
Choose TradingView if you want chart analysis, price tracking and practice trading in one place.
Which Site Tracks Your Own Forex Account?
Myfxbook is more suitable when you want to measure your personal trading performance. It can connect supported accounts from MetaTrader 4, MetaTrader 5, cTrader, TradeLocker, Match-Trader, OANDA and DXtrade.
You can use Myfxbook to review:
- Profit and loss
- Drawdown
- Win rate
- Trade history
- Account growth
- Risk exposure
- Results from individual trades
- Performance across multiple accounts
Check your broker's account statement for the official balance, equity and realised profit figures. Myfxbook is useful for analysis, but the broker remains the source of record for your live account.
Which Site Is Best for Forex News?
Forex Factory is the best fit when you mainly want to follow economic announcements that may move currency markets.
Its economic calendar lists events by currency and date. It also shows expected impact, forecasts, previous results and actual results. The calendar includes central-bank decisions, inflation reports, employment data and gross domestic product releases.
Forex Factory is useful before trading pairs affected by:
- Federal Reserve interest-rate decisions
- U.S. Nonfarm Payrolls
- Consumer Price Index releases
- European Central Bank announcements
- Bank of England decisions
- Retail sales and manufacturing data
A practical setup is to use TradingView for charts and Forex Factory for scheduled economic events.
Is Investing.com a Good TradingView Alternative?
Investing.com is a useful alternative if you want currency quotes, news, performance tables and interactive charts in one place. Its forex chart covers hundreds of currency pairs and includes RSI, MACD, exponential moving averages, Fibonacci retracements and Bollinger Bands.
Choose Investing.com if you prefer:
- Currency news alongside price data
- Daily, weekly, monthly and year-to-date performance views
- Broad coverage of world currencies
- A simpler charting interface than TradingView
Which Forex Tracking Sites Should You Use Together?
Use these tools for different jobs:
- TradingView for charts, technical analysis and alerts.
- Forex Factory for scheduled economic announcements.
- Myfxbook for analysing your trading performance.
- Your broker's platform and statements for execution, spreads, margin and account balances.
A third-party chart may not match your broker's price exactly. Retail forex is generally an over-the-counter market, and each dealer controls the prices and trading conditions available on its platform. The U.S. Commodity Futures Trading Commission recommends comparing dealer prices with third-party sources and checking that a forex dealer is properly registered before depositing funds.
TradingView is the best place to start, while your broker's records remain the authority for your trades and account balances.