What brokers and platforms are supported?

MetaTrader 4 and 5, Tradovate and NinjaTrader CSV exports, and any broker that can export CSV or HTML statements. Futures traders: contract months normalise automatically and Prop Firm HQ ships Topstep and Apex templates.

Can Merlin place or close trades on my account?

No, never. Merlin cannot place, modify or close trades. MT5 live sync uses the read-only investor password, so it can see your trades but never touch them. Merlin is a journal and discipline layer, not a bridge to your broker.

Is my trading data secure?

Yes. Your data is encrypted in transit and at rest, is never shared with third parties, and you can delete it at any time from your account settings.

Can I upgrade or downgrade at any time?

Absolutely. Upgrades take effect immediately. Downgrades apply at the end of your current billing period. No lock-in, no exit fees.

What makes Merlin different from other trading journals?

Three things. A Pre-Trade Check that evaluates your next trade against your own history before you enter. Other journals review after the fact. Prop-firm rule tracking (Topstep, Apex, FTMO) with distance-to-breach gauges from your closed trades. And grading that scores your execution, not your P&L. You can open the full product in one click (no email, no card) and judge it on your own trades.

Do you offer annual billing?

Yes, and you save up to 35%. Pro is £149/year (£12.42/mo equivalent) and Premium is £399/year (£33.25/mo equivalent).

Grades your execution, not your P&L

Other journals review your trading.
Merlin flags the bad trade before you take it.

Import your trades (or connect MT5 once) and Merlin scores every execution, prices your bad habits in R, and checks your next trade against your own history before you enter.

Not financial advice. Merlin describes your own past trades: it never tells you to take or avoid a trade.

Watch it read a statement ↓

One click. No email, no card. No statement handy? A full sample account is included.

merlin · command centre · 90 days● MT5 SYNCED

Win rate

65%

Profit factor

1.45

Max drawdown

-12.5%

Behaviour score

B+

equity curve · tap a trade

▸ tap a trade: Merlin grades it

Pattern detectedRevenge sequence: 3 trades in 9 min after a stop-out

Edge foundLondon open setups: profit factor 2.1

Merlin insightYour B+ days share one habit: first trade after 08:30

You graded 0. Merlin grades all of yours in one import.Sample data · for illustration only

Click to the Full Product

Emails or Cards Required

20+

Performance Metrics

Behaviour Detectors

⚠ The Problem

Most traders are flying blind

They repeat the same mistakes, trade on emotion, and have no idea which patterns are making them money and which ones are bleeding them dry.

Common

Revenge Trading

You take a loss, feel the sting, and immediately jump back in to “win it back.” Sound familiar? This emotional loop destroys more accounts than bad setups ever will.

Widespread

No Edge Awareness

You're trading setups you've never backtested, at times you've never analysed, with sizes you've never calculated. You think you have an edge. You might not.

Hours

Wasted Screen Time

Hours glued to charts without knowing when you actually perform best. Your best session might be London open, but you're grinding through Asia for nothing.

✨ The Solution

Watch raw trades become intelligence

Import

Drop your MT4/MT5 statement or CSV. Parsed, validated and structured in seconds.

Analyse

The engine reads every trade: 20+ metrics, sessions, streaks, and the patterns hiding between them.

Improve

Specific, quantified insights. What to change, when to trade, what to stop doing.

Win rate

Profit factor

Discipline score

0 / 100

Merlin: your losses cluster within 10 minutes of a losing close. Three trades, −£725. Your NY-session longs carry the month. Trade the second, lock out the first.

This is the moment that ends accounts

the same order you just watched stream in, six minutes after a stop-out

order ticket● next order · pre-trade check

sideBUY

symbolGBPJPY

size2.00 lots

time11:58

PLACE ORDER

This sequence cost you −£725 last month. Not this time: +£0sample data

AI-Powered

Behaviour Detection

Your AI trading psychologist

Merlin's AI doesn't just crunch numbers. It reads your behaviour. It detects revenge trading, overtrading, tilt, and loss streaks before they spiral. Think of it as a co-pilot that taps you on the shoulder and says “maybe sit this one out.”

Revenge trade detection
Overtrading alerts
Tilt detection
Loss lock protection

Sample data

behaviour engine · live feed● SCANNING

Revenge trade flagged

Entry 6 min after stop-out, 2.4x your average size

14:38

Overtrading warning

9 trades today vs your 4-trade daily average

15:02

Tilt pattern building

Hold times dropping 40% across the last 5 trades

15:14

Loss lock holding

Daily limit intact. Discipline streak: 11 sessions

15:30

Unique to Merlin

Trader Genome

Your trading DNA, decoded

Every trader is different. Merlin maps your unique trading profile (style, session preferences, directional bias, risk appetite, and psychological tendencies) into a visual DNA profile. It's like 23andMe, but for your trading.

Trading style classification
Session preference mapping
Directional bias analysis
Risk appetite profiling

Sample data

trader genome · profileLONDON SCALPER

StyleScalper 82%

SessionLondon 74%

BiasLong 61%

Risk appetiteModerate 55%

DisciplineHigh 88%

Session Replay

Ghost Replay

Relive your trading sessions

Step back in time and replay your trading sessions trade by trade. See exactly when you entered, where you exited, and what the market was doing at each moment. It's like watching game film, but for your trades.

Trade-by-trade replay
Timeline scrubber
Annotated insights
Session grouping

Sample data

ghost replay · GBPUSD · 04 Jun▶ 1.5×

07:55trade 2 of 4 · session P&L +1.4R11:30

📊 Metrics That Matter

Numbers that actually mean something

Merlin grades how you traded, not what you made. A lucky win on a revenge entry still grades badly, and a disciplined loss can be your best trade of the week.

65%

Win Rate

The percentage of your trades that close in profit. Sounds simple, but here's the twist: a 90% win rate means nothing if your losers are 10x your winners.

💡 Industry data suggests many consistent traders have win rates between 40-60%. It's the pairing with risk:reward that matters.

Everything you need to level up

From raw trade data to actionable intelligence. Merlin covers the full spectrum.

Pre-Trade Check

Your next trade, checked against your own history before you enter: CLEAR, CAUTION or STAND DOWN, logged to a ledger.

Prop-Firm Guardrails

Topstep, Apex and FTMO templates with distance-to-breach gauges, from your closed trades.

MT5 Live Sync

Connect once: every trade lands in your journal seconds after it closes. Read-only, no exports.

Command Centre

Real-time overview with key metrics, equity curves, calendar heatmap, and daily P&L at a glance.

Performance Lab

Deep analytics with symbol breakdowns, hourly heatmaps, and interactive trade history.

AI Behaviour Insights

AI detection of revenge trading, overtrading, risk escalation, and destructive patterns.

Trader Genome

Your trading DNA: style classification, session preferences, and directional bias.

Scorecard

Quantified scores across discipline, risk management, consistency, and edge.

Trade Journal

Daily journaling with mood tracking, market conditions, and AI-generated debriefs.

Loss Lock

Set daily and weekly loss limits. Merlin blocks uploads when you breach them.

Playbook Builder

Define and track your trading strategies with entry, exit, and risk rules.

Ghost Replay

Relive your sessions trade-by-trade with timeline scrubbing and annotations.

💰 Pricing

Simple, transparent pricing

Start free, upgrade when you're ready. All paid plans include a 7-day free trial.

Free

See what Merlin sees

£0forever

✓Command Centre
✓Pre-Trade Check
✓Behaviour Insights
✓Up to 100 trades
✓Basic metrics
✓Calendar heatmap
✓Risk calculator
✓Cooldown timer
✕AI Analysis
✕Trader Genome
✕Playbook
✕Weekly Reports
✕MT5 Live Sync

Pro

The full behavioural engine

£149.99/year

Save £78.01/year · £12.50/mo equivalent

✓Everything in Free
✓Full trade history
✓AI Analysis
✓AI Behaviour narratives
✓Trader Genome
✓Ghost Replay
✓Pair Performance
✓Mistake Tracker
✓Playbook
✓Weekly Reports
✓Live Charts & News
✕MT5 Live Sync
✕Priority AI
✕Custom alerts

Start 7-Day Free Trial

Premium

Priority analysis, no limits

£399/year

Save £189/year · £33.25/mo equivalent

✓Everything in Pro
✓MT5 Live Sync
✓Priority AI
✓Advanced Scorecard
✓Custom alerts
✓CSV export
✓Priority support
✓Early access

Start 7-Day Free Trial

All prices in GBP. Cancel anytime. No hidden fees. No credit card required to start.

Got questions?

We've got answers.

You get full access to Pro or Premium for 7 days. Cancel any time before the trial ends and you won't be charged. No credit card tricks, no surprise renewals.

Ready to trade with intelligence?

We're new, so no testimonial wall: the full product opens in one click. Judge it on your own trades.

Start with email

One click in. No email, no card. 7-day free trial on Pro and Premium plans.