I've checked out the Trade Explorer on forex factory a bunch of times. It works by dividing the profit from each trade by your account balance right when you opened that trade. So, if you made 200 bucks and your account had 4000 when you started, that's a 5% return. If the trade is still open, it'll show you the return based on the current value, which they call marked-to-market or MTM. I think it's pretty accurate as long as you're entering your trades honestly and keeping everything up to date.

The only thing I've noticed is, sometimes with really fast-changing markets, your current return will bounce around a lot, so it can look way better or worse than it actually is until you close out. But for checking your overall profit and learning where you’re messing up or crushing it, it’s honestly one of the best free tools out there. If you’re serious about tracking your forex profits, using Trade Explorer can make you more disciplined and help spot your bad habits faster.