# SwingTrader by IBD vs Trading Equilibrium

The clearest difference is update cadence: Trading Equilibrium at every 3 weeks against SwingTrader by IBD's every 4 months. On price, ads, in-app purchases and device support there is nothing between them.

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

SwingTrader by IBD ships an update every 4 months, Trading Equilibrium every 3 weeks. The most recent releases landed on October 23, 2026 and October 11, 2026 respectively.

## The numbers

| Metric | SwingTrader by IBD | Trading Equilibrium |
| --- | --- | --- |
| Price | Free | Free |
| Rating | **[2.9 (101 ratings)](https://appshunter.io/ios/app/swingtrader-by-ibd/id1132694075/reviews)** | — |
| Number of ratings | **101** | — |
| Positive reviews | 18.8% of reviews | — |
| In-app purchases | No | No |
| Ads | No | No |
| Update frequency | Every 4 months | **Every 3 weeks** |
| Monetization | Subscription | — |
| Size | 31 MB | 49 MB |
| Requires iOS | **16.0** | 16.6 |
| Devices | iPhone | **iPhone, iPad** |
| Age rating | 17+ | 4+ |
| Developer | [Investor’s Business Daily, Inc.](https://appshunter.io/developer/437196226) | [Matthew Petrallia](https://appshunter.io/developer/1702509960) |

## What reviewers say

### SwingTrader by IBD

[App page](https://appshunter.io/ios/app/swingtrader-by-ibd/id1132694075)

Discover swing trading opportunities with precise entry and exit points. This app applies proven investing system rules to identify stocks for short-term moves, offering detailed charts and real-time alerts.

**Highlights:** Access to long and short trades, Trade setup with buy zone, profit goal, stop loss, Detailed charts with buy/sell points, Push notifications and email alerts, Live quotes, IBD's market analysis for swing trading

**Features:** macOS Compatibility, Vision Pro support

**In-app purchases:** none

**What reviewers like**

- 👍 Great research and dialogue on IBD Live
- 👍 Concept and user design are fine
- 👍 Good app on the phone
- 👍 Accurate trade setup details
- 👍 Great swing trading app

**What reviewers complain about**

- 😞 Poor performance relative to market
- 😞 Money loser, strategy doesn't work
- 😞 Soviet era tech, difficult to use
- 😞 Lacks basic functionality
- 😞 Not worth the subscription cost

**Reported bugs**

- Constantly logs you out
- Email button not doing anything
- App crashes out of account
- App shows empty screen
- Can't handle load when new alert comes in

**Requested features**

- List stock symbol in all alerts
- Add stock symbol and entry price point back to notifications
- Full screen iPad app
- Link to IBD for fundamentals and technicals
- Native iPad support


### Trading Equilibrium

[App page](https://appshunter.io/ios/app/trading-equilibrium/id6461455320)

**Features:** Vision Pro support

**In-app purchases:** none


## Frequently asked questions

### Is SwingTrader by IBD free?

SwingTrader by IBD is free to download, with no in-app purchases.

### Is Trading Equilibrium free?

Trading Equilibrium is free to download, with no in-app purchases.

### Do SwingTrader by IBD or Trading Equilibrium have ads?

Neither SwingTrader by IBD nor Trading Equilibrium shows ads.

### Which is updated more often, SwingTrader by IBD or Trading Equilibrium?

SwingTrader by IBD ships an update every 4 months, and Trading Equilibrium every 3 weeks. Most recently, SwingTrader by IBD was updated on October 23, 2026 and Trading Equilibrium on October 11, 2026.

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*Compared by [AppsHunter](https://appshunter.io/) from daily US App Store data. Review summaries are generated from verbatim App Store reviews.*