# OptionStrat vs IWB Terminal

The clearest difference is ratings volume: OptionStrat at 1.9K against IWB Terminal's 4. OptionStrat also leads on chart position (#111 vs unranked) and iOS requirement (14.0 vs 16.0). IWB Terminal's advantage is update cadence (every 4 days vs every 10 days). On price, rating, ads and in-app purchases there is nothing between them.

Both are free to download. OptionStrat sells 10 in-app purchases, starting at $19.99 per month and IWB Terminal sells 1 in-app purchase, starting at $8.99 per month. Whichever you choose, the download price is not the number that matters.

IWB Terminal holds the better App Store score, 5.0 against 4.8. That said, the two scores are not equally well evidenced: OptionStrat has 1.9K ratings behind it against 4, so its average is the more settled of the two.

OptionStrat ships an update every 10 days, IWB Terminal every 4 days. The most recent releases landed on November 3, 2026 and October 31, 2026 respectively.

## The numbers

| Metric | OptionStrat | IWB Terminal |
| --- | --- | --- |
| Price | Free | Free |
| Rating | [4.8 (1.9K ratings)](https://appshunter.io/ios/app/optionstrat-options-toolkit/id1541714905/reviews) | **[5.0 (4 ratings)](https://appshunter.io/ios/app/iwb-terminal/id6807198902/reviews)** |
| Number of ratings | **1.9K** | 4 |
| Positive reviews | 79.8% of reviews | — |
| In-app purchases | Yes | Yes |
| Ads | No | No |
| Update frequency | Every 10 days | **Every 4 days** |
| Monetization | Free with in-app purchases | Free with in-app purchases |
| Best chart rank | **#111** | — |
| Size | 25 MB | 2 MB |
| Requires iOS | **14.0** | 16.0 |
| Devices | **iPhone, iPad, iPod** | iPhone, iPad |
| Age rating | 4+ | 4+ |
| Developer | [OptionStrat LLC](https://appshunter.io/developer/1541714907) | [Brandon Arnett](https://appshunter.io/developer/6807198904) |

## What reviewers say

### OptionStrat

[App page](https://appshunter.io/ios/app/optionstrat-options-toolkit/id1541714905)

**Currently charting:** #111 Top Grossing · Finance (US App Store)

Visualize and analyze options trades with a profit calculator and strategy builder. Discover institutional trades with real-time unusual options flow. Optimize strategies for maximum returns or profit chance.

**Highlights:** Options profit calculator, Strategy visualizer, Strategy optimizer, Unusual options flow tracker, Complex strategy detection, In-app tutorials

**Features:** Vision Pro support

**In-app purchases (10)**

| Purchase | Price | Billing |
| --- | --- | --- |
| Live Option Tools | $19.99 | per month |
| Tools Monthly | $29.99 | per month |
| Live Option Tools | $39.99 | per month |
| Live Options Flow | $59.99 | per month |
| Live Options Flow | $89.99 | per month |
| Live Options Flow | $99.99 | per month |
| Live Option Tools | $199.99 | per year |
| Live Option Tools | $299.99 | per year |
| Live Options Flow | $599.99 | per year |
| Live Options Flow | $999.99 | per year |

**What reviewers like**

- 🚀 Visual Masterpiece
- 🚀 Easily Navigable
- 🚀 Comprehensive Options Lifecycle
- 👍 Intuitive and User-Friendly
- 👍 Great for Beginners and Experts

**What reviewers complain about**

- 💰 Subscription-Based Pricing
- 🐛 Buggy and Unresponsive
- 🐛 Login and Account Issues
- 🐛 Restricted Functionality on Certain Devices
- 🐛 Calculation Errors

**Reported bugs**

- Freezing and Crashing Issues
- Incorrect Data Calculations
- Disappearing UI Elements
- Incompatibility with Certain Device Configurations

**Requested features**

- Allow Modifying Saved Trades
- Provide Real-Time Options Quotes
- Implement International Stock Support
- Increase Maximum Number of Open Windows
- Add Time Stamps to Active Ticker List


### IWB Terminal

[App page](https://appshunter.io/ios/app/iwb-terminal/id6807198902)

Visualize your investment portfolio with clear explanations of positions, coverage, and risk. Includes an educational simulator to explore scenarios without affecting real accounts. Requires an IWB Terminal account.

**Highlights:** Portfolio positions in plain English, Coverage and risk explained, Allocation at a glance, Scenario simulation tool, Educational content on finance, Clear risk assessment

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

**In-app purchases (1)**

| Purchase | Price | Billing |
| --- | --- | --- |
| IWB Terminal Membership | $8.99 | per month |


## Frequently asked questions

### Is OptionStrat free?

OptionStrat is free to download, with in-app purchases available.

### Is IWB Terminal free?

IWB Terminal is free to download, with in-app purchases available.

### Which has better reviews, OptionStrat or IWB Terminal?

IWB Terminal is rated higher. OptionStrat averages 4.8 out of 5 from 1.9K ratings, while IWB Terminal averages 5.0 from 4 ratings.

### Do OptionStrat or IWB Terminal have ads?

Neither OptionStrat nor IWB Terminal shows ads.

### Which is updated more often, OptionStrat or IWB Terminal?

OptionStrat ships an update every 10 days, and IWB Terminal every 4 days. Most recently, OptionStrat was updated on November 3, 2026 and IWB Terminal on October 31, 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.*