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A free TradeZella alternative for MT4 and MT5
Arka Terminal records every trade from the MetaTrader account you sign in with. The journal is on the free plan.
Available for Windows 10 and Windows 11
Price
Free plan
Journal, profile and daily review included
Import
None
Read from the account in the terminal
Trading
Same window
Orders, positions and the journal together
Side by side
TradeZella is a web journal that collects trades from many platforms. Arka Terminal is the MetaTrader terminal itself, with the journal inside.
| Feature | Arka Terminal | TradeZella |
|---|---|---|
| Getting trades in | ||
| MT4 and MT5 | Read from the account signed in to the terminal | Auto-sync with login, server and investor password |
| Where the password goes | Stays on your computer | Entered in TradeZella |
| Sync timing | Read from the account history | About every three hours, manual sync every 30 minutes |
| Other platforms | MT4 and MT5 only | 500+ broker and prop firm integrations |
| Analysis | ||
| Trades drawn on the chart | Included | Trade replay |
| Statistics | Win rate, profit factor, equity curve, CSV export | 50+ reports |
| AI review | Trading Profile and Daily Review | Zella AI, 500 to 3,000 credits a month |
| Playbooks and strategy tags | Not included | Included |
| Backtesting | Not included | Included |
| Trading and plans | ||
| Place trades from the same window | Included | Not included |
| Free plan | Included | Not included |
| Paid plans | VIP and Exclusive | From $35 a month, or $26 a month billed annually |
TradeZella details are from its public website and help centre, checked 4 November 2026. Plans and features change, so see its website for current terms. TradeZella pricing
Recorded from the account
No import, no sync schedule
The terminal is signed in to the account, so the journal reads its history directly.
- Every closed trade
- Trades placed in Arka, in MetaTrader or on a phone all appear, because they all close on the same account.
- Trades on the chart
- Entry, exit and the path between them sit on the bars where they happened.
- Two-way lookup
- Select a trade on the chart to find it in History, or a row in History to move the chart to it.
Trading Profile
Eight weeks, measured
Closed trades broken down by week, session, symbol and direction.
- Core figures
- Win rate, average win to average loss, trade count and net P&L.
- Session and symbol
- Net P&L across the Asia, London and New York sessions, and by symbol.
- AI read
- A trader type and targeted suggestions, written from the figures. Uses one AI credit.
Which one fits
One is a journal for many platforms. The other is a terminal with a journal built in.
Arka Terminal fits if you
- Trade MT4 or MT5 and want the journal at no cost
- Prefer that your password stays on your own computer
- Want to trade and review in the same window
TradeZella fits if you
- Trade on several platforms beyond MetaTrader
- Work with playbooks, strategy tags and detailed reports
- Want backtesting inside the journal
TradeZella is a trademark of TradeZella LLC. MetaTrader is a trademark of MetaQuotes. ArkaTrading is not affiliated with or endorsed by either company.
Daily Review
The day, in one recap
Realised P&L, the best and worst trade, and one point for the next session.
- Any time in the session
- Run it after the first trade or at the close.
- Last seven days
- Net P&L by day, with today marked.
Questions
Is there a free alternative to TradeZella for MT5?
Arka Terminal's free plan includes the trading journal, the Trading Profile and the Daily Review for MT4 and MT5 accounts. The AI read in each uses one AI credit from the weekly allowance.
Do I need to upload a statement or HTML report?
No. Arka reads the trade history from the account signed in to the terminal. There is nothing to export or upload.
Does Arka need my investor password?
Arka signs in with the account number and password you enter in the terminal. The password is stored only on your computer and is used only to log in to your broker's server. ArkaTrading never receives it.
Are trades placed on my phone recorded?
Yes. Every closed trade on the account appears in the journal, wherever it was placed.
Is ArkaTrading affiliated with TradeZella?
No. ArkaTrading and TradeZella are separate companies. The details on this page come from TradeZella's public website and help centre.
The terminal built for a new generation of traders
Available for Windows 10 and Windows 11
