Comparison

TraderEvolution vs MotiveWave Mobile

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

TraderEvolution

Perform market analysis and execute trades directly from your mobile device. Offers advanced charting tools with multiple styles, timeframes, and technical indicators. Facilitates quick order entry and in-chart trading with drag-and-drop functionality for stop-loss and take-profit orders.

Highlights
  • 3 chart styles
  • 9 timeframes
  • 23 technical indicators
  • Order and position viewing on chart
  • Quick order entry
  • Trading from market depth
  • In-chart order entry
  • Drag & drop SL/TP
Features
Read full description

TraderEvolution mobile application allows performing market analysis and trading operations on the go. Chart features: - 3 chart styles - 9 timeframes - 23 technical indicators - View orders and positions on the chart Trading features: - Quick access to the order entry - Trading from the market depth - In-the-chart order entry - Drag & drop for SL/TP available in the chart

About

MotiveWave Mobile

Trade and monitor futures, stocks, forex, and crypto on the go with this broker-neutral mobile trading platform. It offers advanced charting tools, multiple broker connections, and customizable layouts for phones and tablets.

Highlights
  • Broker-neutral trading
  • Multiple broker connections
  • Advanced charting tools
  • 170+ built-in studies/indicators
  • Order flow tools
  • Harmonic trading tools
  • Optimized layouts for phone/tablet
Features
Read full description

The MotiveWave mobile application complements our desktop application and is broker neutral with current support for 4 brokers, allowing you to easily trade and monitor futures, stocks, forex and crypto from wherever you are. MotiveWave does not include data and additional brokers may be added in future releases. The mobile application supports multiple broker connections within the same Workspace or you can create separate Workspaces for each broker. The application supports two layout modes: Phone - optimized layout (portrait mode) that shows a single screen at a time Tablet - Docking framework for displaying multiple docks (charts, watch lists, account info, order book, Time/Sales and Depth of Market) As an incredibly feature-rich trading platform, here are some of the highlights below showing the capabilities that you can find in our trading software. Our trading software is available in 4 different editions to meet your charting and trading needs. Key Features (available features will depend on edition): 4 Supported Brokers: (CQG, OANDA, Rithmic, TD-Ameritrade) Multiple Brokers/Data Feeds per Workspace Chart Tools: Trend Line, Horizontal and Vertical Line, Price and Time Labels, Fork, Modified Schiff Fork, Channel, Time and Price Range, Arrows, Support and Resistance Areas, P&L Calculator/PL Targets, Cycle, Time Cycle, Wedges, Angles, Curves, Regression Tools, Circles, Triangle, Quad Polygon, Sine Wave, Quadrant Lines, Tirone Levels, Speed Lines, Cross Line Fibonacci: Retracement, Extension, Expansion, Circle, Arc, Fan, Regression Tools, Customizable Ratio Presets. Callouts (Balloon, Line, Box), Annotation, Note, Comment, Ellipse, Boxes, Arrows, Shapes, Numbers, Letters 170+ Built-in Studies/Indicators Indicator on Indicator: Use one indicator as an input for another Chart Linking: Link Instrument - All charts have same instrument Link Bar Size - All charts have the same bar size Multiple Chart Bar Types: OHLC bars, HLC bars, Candlesticks, Trend Candlesticks, Hollow Candlesticks, Heikin-Ashi, Percent Change, Line, Square Line, Bars, No Bars Non-Linear and Second-Based Bars: Tick, Range, Renko, Hybrid Renko, Volume, Point & Figure, Reversal Second-Based Bars (Requires Historical Tick Data) Time Frame Visibility Options: Time frame visibility enables you to specify the bar sizes where a component is visible. For example, show a Trend Line only on bar sizes smaller than or equal to 1 hour. Order Flow Tools and Studies: Volume Profile and VWAP Studies Order Flow Studies: TPO, Volume Imprint, Depth of Market, Bid/Ask Volume, Order Heatmap, Big Trades, Delta Volume, Cumulative Delta TPO and Volume Profile Components Time and Sales Harmonic Tools: Bull/Bear versions of Gartley, Butterfly, Crab, Deep Crab, Bat, Alternate Bat, Shark, Cypher, AB=CD, Alternate AB=CD, 5-0, 3 Drives Advanced DOM (Depth of Market): Track recent trades at the bid and ask Track pulling and stacking Volume profile (with separate bid and ask volume profiles) Market by Order, which will display individual order sizes in the book (currently Rithmic only) Full Market Depth beyond 10 levels Position in Queue Trading: Trading directly from a chart or the chart axis Trading from the Trade Panel Trading from the DOM Privacy Policy: https://www.motivewave.com/company/privacy_policy.htm Terms of Service: https://www.motivewave.com/company/terms_of_service.htm

Screenshots

TraderEvolution4 screens
MotiveWave Mobile4 screens

Verdict

The call

The clearest difference is rating: MotiveWave Mobile at 3.4 against TraderEvolution's 1.8. MotiveWave Mobile also leads on review sentiment (31% vs 17%) and ratings volume (28 vs 5). TraderEvolution's advantage is in-app purchases (none vs 3). On price, update cadence, ads and device support there is nothing between them.

Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS

CostPrice · In-app purchases · Ads · Monetization

Both are free to download. MotiveWave Mobile sells 3 in-app purchases, starting at $14.99 per month. TraderEvolution asks for nothing beyond the download.

ReceptionRating · Positive reviews · Number of ratings

MotiveWave Mobile holds the better App Store score, 3.4 against 1.8. That said, the two scores are not equally well evidenced: MotiveWave Mobile has 28 ratings behind it against 5, so its average is the more settled of the two. Written reviews point the same way: 17% of TraderEvolution's written reviews are positive against 31% of MotiveWave Mobile's.

UpkeepUpdate frequency

TraderEvolution ships an update every 3 months, MotiveWave Mobile every 6 weeks. The most recent releases landed on October 19, 2026 and October 27, 2026 respectively.

Scorecard5 real differences · 5 level
TraderEvolution versus MotiveWave Mobile: the parameters behind the verdict, then further details
ParameterTraderEvolutionMotiveWave Mobile
PriceFreeFree
Rating1.8 (5 ratings)3.4 (28 ratings) — better
Positive reviews16.7% of reviews31.0% of reviews — better
Number of ratings528 — better
Update frequencyEvery 3 monthsEvery 6 weeks — better
AdsNoNo
In-app purchasesNo — betterYes
MonetizationFree — betterFree with in-app purchases
DevicesiPhone, iPad, iPodiPhone, iPad, iPod
Requires iOS14.0 — better15.0
Further details — not scored
Size55 MB36 MB
Age rating17+17+
DeveloperTRADEREVOLUTION GLOBAL LIMITEDMotiveWave Software

Customer experience

TraderEvolution

All ratings5 ratings
Positive20.0%
Neutral0.0%
Negative80.0%
Written reviews6 reviews
Positive16.7%
Neutral0.0%
Negative83.3%

MotiveWave Mobile

All ratings28 ratings
Positive50.0%
Neutral14.3%
Negative35.7%
Written reviews29 reviews
Positive31.0%
Neutral17.2%
Negative51.7%

In-app purchases

None

TraderEvolution

No in-app purchases

3 purchases

MotiveWave Mobile

Subscriptions3
  • Standard Edition$14.991 Month
  • Order Flow Edition$29.991 Month
  • Pro Edition$49.991 Month

Questions

Is TraderEvolution free?
TraderEvolution is free to download, with no in-app purchases.
Is MotiveWave Mobile free?
MotiveWave Mobile is free to download, with in-app purchases available.
Which has better reviews, TraderEvolution or MotiveWave Mobile?
MotiveWave Mobile is rated higher. TraderEvolution averages 1.8 out of 5 from 5 ratings, while MotiveWave Mobile averages 3.4 from 28 ratings.
Do TraderEvolution or MotiveWave Mobile have ads?
Neither TraderEvolution nor MotiveWave Mobile shows ads.
Which is updated more often, TraderEvolution or MotiveWave Mobile?
TraderEvolution ships an update every 3 months, and MotiveWave Mobile every 6 weeks. Most recently, TraderEvolution was updated on October 19, 2026 and MotiveWave Mobile on October 27, 2026.

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