Account Reporting

What is Account Reporting?

• Account reporting is the practice of documenting trading performance and data to analyze a trader's activity effectively.
• It includes metrics such as account balance, equity, profit/loss, margin level, and drawdown.
• Proper account reporting allows traders to make informed decisions and improve strategy performance. 📊

Features of Effective Account Reporting

• Auto real-time reporting for continuous tracking of account metrics.
• Notification to mobile or email upon account balance changes, ensuring timely updates.
• Reports saved in HTML and CSV formats for easy access and sharing.

Tools For Account Reporting

• Trade Report Pro: A tool that creates automated graphic reports of your trade history and sends notifications to your devices.
• Account Graph Indicator: It visually represents critical metrics like balance and equity over time, making trends easily identifiable.
• Monthly or custom period summaries, allowing for flexible reporting tailored to trader needs. 📅

Benefits of Account Reporting

• Provides clear visibility into trading performance, allowing traders to assess their strategies effectively.
• Helps in identifying trends in trading behaviour, which can lead to improvements in strategy.
• Facilitates better risk management through detailed insights into account status and performance metrics.

User Feedback on Reporting Tools

• Many users appreciate the real-time updates and comprehensive statistics available through reporting tools.
• Satisfaction with the ease of use; traders can generate reports without extensive technical knowledge.
• Requests for additional features, such as percentage growth information in reports, highlight the demand for continuous improvement. 💬