Pillar Guide · 2 articles

Verified Trading Track Records: Checks and Limits

A practical guide to account-data sources, MyVeridex badge criteria, ownership limits and report disclosures.

A verified trading track record should tell a reader where the data came from, which account and period it covers, and what was checked. A badge alone cannot answer those questions. MyVeridex is trading analytics for MT4 and MT5 accounts. Its account checks help distinguish a maintained connection from an unqualified screenshot, but they are not an independent audit, an identity check or a promise that a firm will accept your results.

This guide explains MyVeridex data sources, scheduled eligibility checks and the limits of recorded Verified status, then gives a practical checklist for sharing results with the right context.

Start with the source of the account history

For the current MT4 and MT5 connection flow, you select your platform and supply the broker, server, account number and investor password. The investor password grants read-only access. MetaQuotes distinguishes this permission from the master password, which permits trading. Use the investor credential in an analytics connection, never a master password.

See the official MT5 authorization guide and MT4 password settings for the platform's permission model. Read-only access still exposes sensitive account information, so protect that credential and share a public report rather than sending a password to a prospective reader.

MyVeridex currently offers MT4 and MT5 connections. A broker name or a separate article about another platform does not establish that the platform is supported. Confirm the options shown in the connection screen before making a purchase or planning a migration.

What the scheduled verification job checks

The current verification job evaluates six account conditions. They describe the account record and data collection status inside MyVeridex.

ConditionMeaningWhat it does not establish
An accepted collection methodThe account has a recognized connection or collection method, such as the investor-password connection.That an external auditor has examined the account.
A recent successful syncThe recorded last sync is less than 24 hours old at the time of the check.That every historical record or fee is complete.
Account record at least seven days oldThe account has existed in MyVeridex for at least seven days.Seven days of profitable trading, or the age of the broker account.
At least ten recorded tradesThe account meets the recorded trade-count threshold.A statistically reliable strategy or a representative sample.
No recorded manual balance editNo manual balance-edit timestamp is recorded for the account.A comprehensive tamper-proof guarantee for every data source.
Active account statusThe account is marked active when evaluated.That the account owner meets an investor's identity requirements.

The scheduled job recalculates eligibility from these six recorded conditions. Connection, reconnect and sync updates can also mark an account as verified between evaluations. A visible badge alone does not establish that all six conditions were just checked or have held continuously. Check the actual source, last successful sync and reporting period alongside the label.

Keep account checks separate from ownership and audits

Access to an investor credential is evidence of access to an account, not necessarily the holder's legal identity or authority to manage someone else's money. MyVeridex also has a separate optional ownership-check process. That is distinct from scheduled badge eligibility and should not be described as an independent audit or legal identity verification.

When an investor or firm needs stronger assurance, ask what evidence it requires. Depending on the purpose, that may include an original broker statement, identity checks or review by a named qualified professional. Do not present MyVeridex's badge as a substitute for requirements that the recipient has not agreed to accept.

Prepare a report someone can actually evaluate

  1. Identify the account context. State the broker, platform and account type. Label demo or evaluation data clearly rather than presenting it as another account type.
  2. Set a complete period. Give a start and end date, report timezone and the last successful sync. Explain any gap or missing history.
  3. Reconcile cash flows. Separate trading profit from deposits, withdrawals and balance adjustments. Confirm whether commissions and swaps are included in each displayed measure.
  4. Disclose risk alongside results. Show trade count, losses and drawdown, including any relevant open-position risk that a closed-trade curve cannot reveal.
  5. Explain selection. Say whether the report covers one account, all accounts using a strategy, or a selected example. A profitable selected account does not describe an undisclosed wider set.
  6. Share a controlled report. Check public-profile settings and remove unnecessary personal details. Do not publish passwords, full account credentials or private statements without permission.

Use imported records with explicit provenance

MyVeridex can accept supported trading statements as well as connected data. An import is useful for reviewing history, but it is a different source from a continuing account connection. Record the original file's period and origin, reconcile totals, and disclose that an import was used. Do not assume that an imported file automatically qualifies for the same collection checks as a connected account. Supported imports contain closed transactions; the reconstructed daily series does not restore a complete historical floating-equity path and cannot prove every intraday loss limit was respected.

The same discipline applies to screenshots and spreadsheets. They may explain a trade or a calculation, but they do not establish completeness by themselves. Preserve the underlying broker records and identify any manual annotations.

Do not turn a track record into a forecast

A historical record is a description of an observed sample. Market conditions, sizing, costs and execution can change. Ten trades and seven days are product thresholds, not proof that an approach will continue to work. A longer record can still omit important risk, so read it with the data-source and selection disclosures.

There is no universal prop-firm acceptance rule. Check the relevant firm's current programme and account-stage requirements directly, with a review date. Neither a MyVeridex badge nor an attractive equity curve guarantees funding, passing an evaluation or a payout.

Where to go next

Use the trading performance metrics guide to interpret profit factor, expectancy and drawdown. If you are choosing a tool, the Myfxbook alternative guide offers an account-level evaluation checklist. MyVeridex's badge explanation describes the product checks, while the track-record disclosure checklist provides a shorter reference for preparing a report.

In-Depth Articles in This Cluster

Article · 4 min
Connect an MT5 Account to MyVeridex: Fields and Checks
A walkthrough based on the current MyVeridex connection screen, covering permissions, account fields, sync sta…
Article · 3 min
Verified Trading Track Records: What the Checks Establish
A source and disclosure checklist for trading reports, with the real scope of MyVeridex account checks and the…

Ready to verify your track record?

Connect an eligible MT4/MT5 account using investor access, then check the actual sync and available history. Seven-day trial; recorded verification is not an independent audit.

Start free trial →