TraderEvolution vs MotiveWave Mobile
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
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.
- 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
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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
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.
- 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
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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
Verdict
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
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.
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.
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.
| Parameter | TraderEvolution | MotiveWave Mobile |
|---|---|---|
| Price | Free | Free |
| Rating | 1.8 (5 ratings) | 3.4 (28 ratings) — better |
| Positive reviews | 16.7% of reviews | 31.0% of reviews — better |
| Number of ratings | 5 | 28 — better |
| Update frequency | Every 3 months | Every 6 weeks — better |
| Ads | No | No |
| In-app purchases | No — better | Yes |
| Monetization | Free — better | Free with in-app purchases |
| Devices | iPhone, iPad, iPod | iPhone, iPad, iPod |
| Requires iOS | 14.0 — better | 15.0 |
| Further details — not scored | ||
| Size | 55 MB | 36 MB |
| Age rating | 17+ | 17+ |
| Developer | TRADEREVOLUTION GLOBAL LIMITED | MotiveWave Software |
Customer experience
TraderEvolution
MotiveWave Mobile
In-app purchases
TraderEvolution
No in-app purchases
MotiveWave Mobile
- Standard Edition$14.991 Month
- Order Flow Edition$29.991 Month
- Pro Edition$49.991 Month
Questions
Is TraderEvolution free?
Is MotiveWave Mobile free?
Which has better reviews, TraderEvolution or MotiveWave Mobile?
Do TraderEvolution or MotiveWave Mobile have ads?
Which is updated more often, TraderEvolution or MotiveWave Mobile?
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