How Niubang differs from Myfxbook, FX Blue and MQL5 Signals
One table comparing the four platforms by data source, verification, copy trading, fees and who each suits. Only facts that can be checked on each platform's official pages.
Niubang editorial · Updated
Side-by-side comparison
The table is based on each platform's official pages as of 12 November 2026; cells the official pages do not cover are marked as such. Rules change, so check each platform's own site before relying on it.
| Niubang | Myfxbook | FX Blue | MQL5 Signals | |
|---|---|---|---|---|
| Data source | Read-only MT account connection (investor password, synced in the cloud, no terminal needs to stay open); public-platform records and manual entries are also listed, and each strategy page states which one it is | Three ways to connect MT4 and MT5: Auto Update with the investor (read-only) password, updated every 2–4 hours; EA Publisher inside the terminal, which stops when the terminal closes; Live Update in real time | A publisher add-on in the terminal uploads history (MT4, MT5, cTrader and others); MT4 and cTrader can also sync with a read-only password | The signal provider hands over the account's investor password, which may not be changed while the signal runs; MT4 and MT5 accounts |
| Verification | Every strategy page shows its verification status and last sync time; strategies not synced for 48 hours, entered manually or with equity below $10 are excluded from the standard rankings | Two checks: Track Record (matches the trading history provided by the broker) and Trading Privileges (proves possession of the master password); both are required to go public | The official pages mention phone verification only; no trading-record verification label was found | Sellers of paid signals have their identity documents checked; the rules page does not describe a performance verification label |
| Copy trading | Yes. Cloud copying between MT5 accounts, including across brokers, keeps running after you close MT5 and your computer; MT4 is not supported; private strategies need a four-digit copy code | No current copy trading documentation found in the official help centre | Copy tools: Personal Trade Copier between MT4/MT5 installations on the same computer and Internet Trade Mirror across computers; the terminal must stay running; no marketplace for subscribing to other people's signals was found | Yes. Subscriptions only inside the MetaTrader terminal; an MT5 account can only subscribe to MT5 signals; one account, one signal; the terminal must stay connected |
| Fees | Basic account ¥0 (1 copy account, up to 1000 copied orders a day); studio capacity from ¥2000/year; listing a master account is free with no commission | Auto Update and EA Publisher are free; Live Update is paid | The trade copier is free; the official pages do not say whether statistics are paid | The monthly fee is set by the signal provider; the service keeps a 20% commission |
| Suits, based on features | MT5 users who want to read live records and copy directly; signal owners and studios who want only their own clients to copy | Traders who want to publish and verify their own account statistics | People who want detailed statistics or to copy trades between their own accounts | People who want to subscribe to paid signals directly inside the MetaTrader terminal |
How to choose
To publish your own account statistics, Myfxbook and FX Blue both work, and listing a master account on Niubang also only needs the read-only password.
To copy someone else's trades: MQL5 Signals subscribes inside the terminal, which must stay connected; Niubang copies in the cloud, keeps running after you close the terminal, and the master and copy accounts can be at different brokers.
To copy trades only between your own accounts, FX Blue's free copy tools are enough; you do not need a signal platform.
Whichever platform you use, check a record's data source, sample length and update time before deciding to copy. For how Niubang stores and revokes passwords, see “Niubang security and permissions”.
Copy trading involves risk, and a strategy's past performance does not guarantee future returns.