ThinkMarkets MT5 trading journal: automatic, saved on your PC
Trade with ThinkMarkets on MetaTrader 5? Here is how to journal every trade automatically without giving anyone your broker login.
Journal your ThinkMarkets MT5 trades automatically
If you trade with ThinkMarkets on MetaTrader 5 for Windows, AI Trading Journal can save every closed trade in your own journal on your PC (with an optional copy in your own Notion workspace) about every 5 minutes. It reads your ThinkMarkets terminal on your PC. It does not connect to ThinkMarkets, so you never give anyone your ThinkMarkets login.
What ThinkMarkets says about MT5
Facts below are from ThinkMarkets's own pages (https://www.thinkmarkets.com/en/metatrader5/), checked on 8 October 2026. Offers change, so check the broker's site for the latest. We are not affiliated with ThinkMarkets, and nothing here is a recommendation of it.
- Its pages list three platforms: ThinkTrader, MetaTrader 4 and MetaTrader 5.
- It says downloads are in the ThinkPortal and gives the servers ThinkMarkets-Live and ThinkMarkets-Demo.
- It says you can install multiple instances of the desktop application and log in to a different account on each.
- It says it allows EA trading on MT5 but does not support or endorse third-party EAs.
What that means for your journal
Running several desktop instances is handy for several accounts, and it is exactly what the app's setup wizard is built for: it lists each MT5 terminal on your PC and lets you pick the account to journal, one at a time.
Journaling tips for ThinkMarkets accounts
- Run the setup once per account; each gets its own Notion database.
- Keep ThinkMarkets-Demo and ThinkMarkets-Live in separate databases.
- If you run EAs, tag their trades and review them separately from manual trades.
How to set it up
- Install the MT5 terminal on your Windows PC and log in to your ThinkMarkets account.
- Install AI Trading Journal, click Add Account and pick your logged-in account. It finds your terminal and account.
- Click Create my journal. The app imports your whole history and keeps it up to date about every 5 minutes.
- Optional: click Connect Notion to keep a copy of the journal in your own Notion workspace.
What each journal entry contains
For every closed position: symbol, direction, volume, open and close time, entry and exit price, stop loss, take profit and profit or loss, plus your own setup, emotion, rating, tags, notes and screenshots, which a sync never overwrites. A daily row shows the day's result, win rate and drawdown.
A weekly review for your ThinkMarkets trades
- Which symbols made or lost money this week?
- Which session were most of the losses taken in?
- Did lot size stay inside your plan?
- How many trades would you not take again?
The weekly trading review checklist turns these into a 20-minute routine, and win rate, profit factor and expectancy explained shows how to read the numbers.
Privacy and cost compared with a cloud journal
| Question | Cloud journal | AI Trading Journal |
|---|---|---|
| Where do your trades live? | On the vendor's servers | On your own PC; they do not pass through our servers |
| Does it need your broker login? | Many connect with account login and investor password, or an Expert Advisor that sends data out | No. It reads your own logged-in MT5 terminal on your PC |
| What if you stop paying? | Access and history can end with the subscription | Your Notion journal stays yours |
| Can it place trades? | Read-only access is typical, but you are trusting the vendor | It is read-only by design; it never places, changes or closes a trade |
An honest note on privacy. Notion is itself a cloud service, so your trades do sit on Notion's servers, in your own workspace, under your own account and token. What AI Trading Journal removes is the extra middleman: there is no separate journal vendor holding your trades and no broker login sent to a website. No tool is risk-free, so protect your accounts, including Notion if you connect it, with a strong password and two-step verification.
Limits to know
- Windows and MetaTrader 5 desktop only.
- Trades sync every 5 minutes, not instantly.
- One computer at a time per license.
- No trade replay, backtesting or AI coach.
More: all MT5 broker notes, how it compares with TradeZella, the multi-account journal guide and the forex trading journal guide.
This page is general information, not trading or investment advice, and is not endorsed by ThinkMarkets.
More from ThinkMarkets' MT5 page (read 8 October 2026)
- Its MT5 page says you can trade over 1,800 instruments on MT5, and that all types of trading strategies are allowed, including EA trading.
- It lists two account types for MT5, Standard and ThinkZero, the latter described as offering raw spreads and low commissions.
- It describes 38 technical indicators, 21 timeframes, six pending order types and a multi-thread Strategy Tester, and says VPS hosting is available at a discount.
Standard versus ThinkZero in your own numbers
Raw spreads with commission versus wider spreads without it is a classic trade-off, and the answer depends on how you trade. A scalper who takes many small trades may find the raw structure cheaper; a swing trader taking a few trades a week may not. The way to find out is to tag each trade with its account type and compare net results after commission and swap on the same instruments. If you hold both account types on one login, give each its own journal, which is what the app does by default for each MT5 account you add.
| Account (hypothetical) | Trades | Average spread paid | Commission per lot | Net per trade |
|---|---|---|---|---|
| Standard | 44 | 1.1 pips | none | +$5 |
| ThinkZero | 47 | 0.2 pips | charged | +$7 |
Running several terminals
The existing notes say you can install multiple instances of the desktop application and log in to a different account on each. That fits the app's setup, which lists each MT5 terminal on the PC and lets you choose which account to journal. When you add an account, check the account number and server (ThinkMarkets-Live or ThinkMarkets-Demo, as the page names them) before you confirm. Label each database with both, such as ThinkZero-Live-1234567, so that results never get mixed up.
EAs are allowed, support is not guaranteed
The page says EA trading is allowed on MT5, and the notes above mention that third-party EAs are not endorsed. If you run one, test it on a demo account first, tag its trades in the journal as their own Setup, and compare its results with your own trading after a month. See the strategy tracker for a fair way to compare them.
A Strategy Tester habit
A multi-thread Strategy Tester makes it easy to run many tests. Keep a log of each one in your backtest database, including the costs you assumed, and compare any strategy you take live with the test you based it on. The backtesting template shows the fields.
Frequently asked questions
Does AI Trading Journal work with ThinkMarkets?
Do I need to give my ThinkMarkets password to the app?
Can I journal a demo and a real ThinkMarkets account?
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- All trading journal comparisons
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