Comparison

MyTrader vs TraderWaves

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

Head to head
About

MyTrader

Features
Read full description

No compromises! Trade from your iPhone or iPad with more tools and controls than your desktop platform. MyTrader offers outstanding charting, market analysis, and power-user trading tools including order batches, grids, and market depth. And it’s fully customisable. MyTrader contains over 40 different trading widgets which you can combine in any order to create your own personalised trading platform - as simple or as complex as you want. MyTrader can trade FX Blue's own demo accounts, and can also currently to forex, CFD, and cryptocurrency accounts with OANDA, Forex.com, FXCM, or any MT4/MT5 broker by running the MyTrader Connector EA in the MT4/5 client terminal. MyTrader also offers a data-only connection if you just want to analyse markets and prices without trading an account. Trading MyTrader has it all: one-tap trading, order placement and editing direct from charts, choice between deal tickets or order grids, sophisticated order templating, and power tools such as grids and batches. You can even write your own scripts to place a single order or basket with a tap of an icon. Outstanding Charting Over 100 technical indicators, over 50 drawing tools, and chart types which include Renko, Kagi, and Point & Figure as well as more traditional bar and candle charts. Hugely flexible and unique drawing features, to create stunning charts. Supports multi-chart layouts on iPads. Technical Analysis Automated technical analysis, combining multiple moving averages, oscillators, and pivot points into a single overall buy/sell rating. Heat Map, Currency Strength, and Sentiment Keep track of market movements using a heat map of major changes, a display of relative currency strength, and real-time long/short sentiment based on real-money trades by FX Blue users. Quote Boards and Watch-lists Monitor current prices using the app's simple but effective quote board. Choose from pre-defined lists of markets, such as USD crosses, or create your own watch-lists which can then be used throughout the app. Calculators Easy-to-use calculators for common trading needs: calculate position sizes, Fibonacci retracements, pivot levels etc, or simply convert cash values from one currency to another. Fully Customisable Open widgets on a temporary basis if you just want a quick peek at some information, or create saved pages within the app which make your preferred widgets more permanently available. iPhones can have any number of pages within the app, but each page can only display a singe widget. The larger screen of iPads allows multi-widget layouts of huge flexibility - in particular, multiple charts side by side. Scripts Create scripts for your common actions and turn them into one-tap icons in the software's banner. Software developers can go much, much further and create whole new widgets of the software with access to all the same features as the built-in components.

About

TraderWaves

Track your trading performance with a comprehensive journal and analytics platform. Review trade history, analyze key metrics, and manage your workflow. Offers interactive charts and custom notes to enhance your trading strategy.

Highlights
  • Trade journal for decision review
  • Performance analytics and metrics
  • Detailed trade history
  • Daily journal and strategy notes
  • Interactive charts
  • Push notifications
Features
Read full description

TraderWaves is a trading journal and analytics platform built for traders who want a clearer view of their performance. Connect supported trading accounts, track your trade history, review key performance metrics, write journal notes, analyze charts, and manage your trading workflow from one place. Key features: - Trade journal for reviewing decisions and outcomes - Performance analytics and account metrics - Trade history with detailed execution review - Daily journal, strategy notes, and templates - Interactive charts and market review tools - Backtesting session review - Push notifications for important account activity TraderWaves is designed for analysis, journaling, and performance review. It does not provide financial advice, trading signals, or investment management. Trading involves risk, and you are responsible for your own trading decisions. Terms of Use (EULA): https://traderwaves.com/terms-of-service Privacy Policy: https://traderwaves.com/privacy-policy

Screenshots

MyTrader4 screens
TraderWaves4 screens

Verdict

The call

The clearest difference is in-app purchases: MyTrader at none against TraderWaves's 2. MyTrader also leads on iOS requirement (13.0 vs 15.0). 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. TraderWaves sells 2 in-app purchases, starting at $29.99 per month. MyTrader asks for nothing beyond the download.

UpkeepUpdate frequency

MyTrader ships an update every 3 weeks, TraderWaves monthly. The most recent releases landed on October 26, 2026 and October 24, 2026 respectively.

Scorecard2 real differences · 8 level
MyTrader versus TraderWaves: the parameters behind the verdict, then further details
ParameterMyTraderTraderWaves
PriceFreeFree
Rating—5.0 (3 ratings) — better
Positive reviews—100.0% of reviews
Number of ratings—3 — better
Update frequencyEvery 3 weeks — betterMonthly
AdsNoNo
In-app purchasesNo — betterYes
Monetization—Free with in-app purchases
DevicesiPhone, iPad, iPodiPhone, iPad, iPod
Requires iOS13.0 — better15.0
Further details — not scored
Size26 MB53 MB
Age rating17+17+
DeveloperFX BlueWallace FX Ltd

In-app purchases

None

MyTrader

No in-app purchases

2 purchases

TraderWaves

Subscriptions2
  • TraderWaves Pro Monthly$29.991 Month
  • TraderWaves Pro Yearly$239.991 Year

Questions

Is MyTrader free?
MyTrader is free to download, with no in-app purchases.
Is TraderWaves free?
TraderWaves is free to download, with in-app purchases available.
Do MyTrader or TraderWaves have ads?
Neither MyTrader nor TraderWaves shows ads.
Which is updated more often, MyTrader or TraderWaves?
MyTrader ships an update every 3 weeks, and TraderWaves monthly. Most recently, MyTrader was updated on October 26, 2026 and TraderWaves on October 24, 2026.

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