TradesViz alternative for MT5: AI Trading Journal vs TradesViz (2026)
TradesViz is a statistics-heavy online journal. AI Trading Journal is a one-time-purchase local app that keeps your journal on your PC (with an optional copy in your own Notion workspace). Here is how they differ.
The short verdict
- Choose TradesViz if you want a large analytics suite (it advertises 600+ statistics), AI tools, charts and replay, across stocks, futures, options, forex and CFDs.
- Choose AI Trading Journal if you trade on MT5 from Windows, want your journal on your own PC, and want to pay $19.99 once with no broker login or Expert Advisor.
Side by side
| TradesViz | AI Trading Journal | |
|---|---|---|
| Price | Basic free; Pro $14.99/month and Platinum $22.49/month, billed yearly | 7-day free trial, then $19.99 once |
| Listed on the Microsoft Store | No listing found when we searched the Store on 9 October 2026 | Yes, under the publisher name Wajid Farooq (details) |
| Forex and CFDs | On the paid plans (the free Basic plan lists stocks only) | Whatever you trade on MT5 |
| How MT5 connects | Its MT5 page lists a direct auto-sync (account number, investor password and server), an Expert Advisor sync, an FTP auto-import or an HTML report upload; established auto-sync connections run about once every 24 hours (checked 20 October 2026) | Reads your logged-in MT5 terminal on your PC; no EA on a chart, no upload |
| Where your data lives | TradesViz's online journal | Your PC, with an optional copy in your own Notion workspace |
| Analytics | 600+ stats, AI coach, charts, replay | Desktop dashboard: win rate, profit factor, P&L, drawdown |
| Accounts | Basic 1, Pro 10, Platinum 20 | Several MT5 accounts, one journal each |
| Where you use it | Browser | Windows desktop app; Notion optional |
Plan details and the MT5 connection come from TradesViz's own pricing and MetaTrader 5 pages, checked on 20 October 2026.
What each costs over time
| After | TradesViz Pro (billed yearly) | TradesViz Platinum (billed yearly) | AI Trading Journal |
|---|---|---|---|
| 1 year | $179.88 | $269.88 | $19.99 |
| 2 years | $359.76 | $539.76 | $19.99 |
| 3 years | $539.64 | $809.64 | $19.99 |
Excluding tax. TradesViz also has a free Basic plan, so it can cost nothing if stocks and its limits are enough, but that plan lists stocks only, so MT5 forex traders need a paid plan.
Privacy: the main difference
| 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.
Where TradesViz is the better choice
- A very deep set of statistics, AI summaries and charts.
- Replay of trades and several asset classes.
- Access from any browser.
What you give up with AI Trading Journal
- Windows and MetaTrader 5 only.
- Syncs every 5 minutes, one computer at a time per license.
- Far fewer statistics, and no replay or AI coach.
More comparisons: TradeZella, TraderSync, Tradervue and Edgewonk.
Full transparency: we make AI Trading Journal. We describe TradeZella and Edgewonk from their public websites as they were on 7 October 2026. Plans and prices change, so check their sites before you decide. If you spot anything out of date, tell us through the contact option on the product page and we will correct it.
Five-year view of the prices we read
| Years | TradesViz Pro (billed yearly) | TradesViz Platinum (billed yearly) | AI Trading Journal |
|---|---|---|---|
| 1 | $179.88 | $269.88 | $19.99 |
| 3 | $539.64 | $809.64 | $19.99 |
| 5 | $899.40 | $1,349.40 | $19.99 |
Calculated from the monthly prices on TradesViz's pricing page on 7 October 2026, excluding tax, assuming the plan and price stay the same. TradesViz also offers a free Basic plan, so the real comparison depends on whether its limits suit you.
Four ways MT5 data can reach a journal, and their trade-offs
| Method | Good | Watch for |
|---|---|---|
| Expert Advisor sync | Can send data as trades close | Needs an EA attached to a chart and the terminal kept running; permissions to review |
| FTP auto-import | Automatic once configured | Setup inside MT5 and an external server involved |
| HTML report upload | No software on the terminal | Manual and periodic; gaps between uploads |
| Local read of the logged-in terminal | Nothing attached to a chart, no upload | Only works on the PC where MT5 runs, on Windows |
TradesViz's own MetaTrader 5 page lists the first three. AI Trading Journal uses the last. Which is better depends on how much setup you accept, how current you want the data and where you are comfortable sending it.
Who should choose which
| If you... | Probably choose |
|---|---|
| Want the deepest set of statistics and charts, and a browser view from anywhere | TradesViz |
| Trade several asset classes through different platforms | TradesViz |
| Want to start free and your account fits the free plan's limits | TradesViz (check what the free plan includes for forex) |
| Trade MT5 on Windows and want everything in Notion | AI Trading Journal |
| Do not want to attach an EA or send files to a server | AI Trading Journal |
| Want to pay once rather than yearly | AI Trading Journal |
How to test both on the same week
- Pick a week of trades on one account.
- Import or sync it into each tool.
- Compare the trade count, the net result and the maximum drawdown with the MT5 History tab.
- Open the statistics you would actually use in a review. If you would not use most of them, you are paying for depth you do not need.
- Check how each tool lets you export your data.
More comparisons: TradeZella, TraderSync, Tradervue and Edgewonk. For how the approaches differ in what they do with your data, see how to check a trading journal is legit and safe.
For a wider comparison, see how to choose the best MT5 trading journal and TradeZella alternatives for MT5.
Frequently asked questions
Is there a cheaper alternative to TradesViz for MT5?
Does TradesViz work with MT5?
Does AI Trading Journal need an Expert Advisor?
Related guides
- TradeZella alternative for MT5: an honest comparison
- Edgewonk alternative for MT5 traders
- TraderSync alternative for MT5 traders
- Tradervue alternative for MT5 traders
- Excel trading journal vs an automatic journal
- Notion template vs an automatic Notion journal
- SyncoTrade vs AI Trading Journal: two local MT5 journals
- MT5 history vs a journal
- A local trading journal for MT5
- P&L calendar for MT5
Try the one-time purchase alternative free for 7 days
Free for 7 days, no card required. After that, a one-time $19.99 purchase. No subscription. Also on the Microsoft Store.
One-time $19.99, no monthly fee · your MT5 login never leaves your PC · trades go into your own journal on your PC, not through our servers.
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