Comparison

ICE Forex vs Penguinexch

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

Head to head
About

ICE Forex

Trade Forex on your iOS device with advanced technology for fast execution and real-time quotes. Monitor trades, orders, and history, and stay updated with integrated news. Offers both dark and light modes for a personalized experience.

Highlights
  • Real-time Forex quotes
  • Fast trading execution
  • Trade monitoring (trades, orders, history)
  • Integrated financial news
  • Dark and light modes
  • Multi-account switching
Features
Read full description

With the power of iOS devices, you can trade wherever you are with your device. You can trade with ease using the latest technology involved during the development of the ICE Forex Trader advanced trading system. ICE Forex iTrader for iOS allows you to trade at a glance so you won't miss a trade. Some of the advantages you have with our App: * Advanced and Simple Quotes views. * Very high refresh rate for price movements. * Very fast trading execution. * Ability to trade with any script you want with ease. * Ability to check your Trades, Orders, History. * Switch between multiple accounts with ease if you are using Office login. * Check your Financial Standing on any screen with the ability to hide it to give you more space to check data. * News from many providers to check the latest news within the app. * Dark & Light Modes available.

About

Penguinexch

Features
Read full description

PenguinExch is the stock exchange simulator app that provides the real world experience of stock exchange. This is the best application for the beginners who wants to learn all about investing and stocks. Note : No real money involved. This is a Virtual Trading Application which has all the features to trade

Screenshots

ICE Forex4 screens
Penguinexch4 screens

Verdict

The call

ICE Forex and Penguinexch are too close to call on the numbers: across 6 compared parameters — price, update cadence, ads and in-app purchases among them — neither pulls far enough ahead to decide it. What separates them is feature set and interface, not measurable difference.

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. Neither carries in-app purchases, so what you see is what you pay.

UpkeepUpdate frequency

ICE Forex ships an update every 3 months, Penguinexch every 2 months. The most recent releases landed on October 8, 2026 and October 30, 2026 respectively.

ScorecardNo meaningful differences
ICE Forex versus Penguinexch: the parameters behind the verdict, then further details
ParameterICE ForexPenguinexch
PriceFreeFree
Rating5.0 (4 ratings) — better—
Number of ratings4 — better—
Update frequencyEvery 3 monthsEvery 2 months — better
AdsNoNo
In-app purchasesNoNo
MonetizationFree—
DevicesiPhone, iPad, iPodiPhone, iPad, iPod
Requires iOS13.013.0
Further details — not scored
Size53 MB26 MB
Age rating4+17+
DeveloperArk iTraderKalpesh Vaghasiya

In-app purchases

None

ICE Forex

No in-app purchases

None

Penguinexch

No in-app purchases

Questions

Is ICE Forex free?
ICE Forex is free to download, with no in-app purchases.
Is Penguinexch free?
Penguinexch is free to download, with no in-app purchases.
Do ICE Forex or Penguinexch have ads?
Neither ICE Forex nor Penguinexch shows ads.
Which is updated more often, ICE Forex or Penguinexch?
ICE Forex ships an update every 3 months, and Penguinexch every 2 months. Most recently, ICE Forex was updated on October 8, 2026 and Penguinexch on October 30, 2026.

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