Comparison

AlgoTrade 4 vs ModernAlgos

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

Head to head
About

AlgoTrade 4

Research financial instruments, test trading strategies, and analyze performance directly on your device. This tool allows for local simulations and detailed review of strategy results before making investment decisions.

Highlights
  • Instrument research and market context
  • Multi-time range chart data
  • Fundamentals and price history review
  • Preset strategy exploration
  • Local backtesting simulations
  • Performance analysis and trade inspection
Features
Read full description

AlgoTrade helps you research instruments, test trading ideas, and review strategy results in one workflow. Search symbols quickly, open an instrument, review chart data and fundamentals, choose a preset strategy, and request a cloud simulation. Review performance, inspect trades, and compare how different strategies behave before making decisions. Features: - Search instruments and review market context - View chart data across multiple time ranges - Review fundamentals and price history - Explore preset strategies - Request and review cloud backtesting simulations - Inspect analysis, trade history, and strategy results AlgoTrade is designed for research, learning, and workflow efficiency. It does not provide financial advice, and simulation results do not guarantee future performance. Terms of Use (EULA): https://www.apple.com/legal/internet-services/itunes/dev/stdeula/

About

ModernAlgos

Automate your trading with this user-friendly app. It offers chart-based trading, ready-made strategies, and paper trading to help you practice risk-free. Integrated with over 40 Indian brokers, it provides tools for both short-term and long-term investments.

Highlights
  • Simplified algorithmic trading
  • Chart-based trading and automation
  • Integrated with 40+ top brokers
  • Risk-free paper trading
  • Ready-made trading strategies
  • Automated scalping
  • Option chain view with Greeks
Features
Read full description

Modern Algos: Elevate Your Trading, Anytime, Anywhere! Welcome to the future of trading, where cutting-edge technology meets user-friendly design! Modern Algos is not just an app; it's your passport to a seamless, automated trading experience that fits right in your pocket. Here's why you can't afford to miss out: Simplified Algo Trading for Everyone: Dive into the world of algorithmic trading without the complexity! Modern Algos makes trading strategies accessible to all skill levels. Unleash your trading potential with our intuitive interface. Chart-Based Trading and Automation: See your strategies come to life on dynamic charts! Visualize, analyze, and automate your trades directly using Technical Indicators. It's like having a personal trading assistant in your pocket! Integrated with 40+ Top Brokers of India: Choose from over 40 leading brokers seamlessly integrated into Modern Algos. We believe in giving you the freedom to trade with the platform that suits you best. Paper Trading Easier Than Ever: Practice makes perfect! Hone your skills risk-free with our paper trading feature. Test your strategies in a simulated environment, so you can step into live trading with confidence. Ready-Made Strategies at Your Fingertips: Don't have time to build a strategy from scratch? No problem! Modern Algos offers ready-made strategies scanned in live market. One click, and you're on your way to smarter trading. Automated Scalping with Ease: Capture market opportunities effortlessly with automated scalping. Modern Algos streamlines the process, making it easy for you to ride the waves of market fluctuations. Comprehensive Option Chain View with Greeks: Master the art of options trading! Our comprehensive option chain view provides insights into Greeks, empowering you to make informed decisions for optimized strategies. Short-Term and Intraday Trading Ideas: Stay ahead of the curve! Receive real-time insights and trading recommendations for short-term and intraday trades. Our app keeps you in the know, always. Long-Term Equity Investment Baskets: Plan for the future with confidence! Diversify your portfolio and align with your long-term financial goals using our carefully curated equity investment baskets. Ready to revolutionize your trading journey? Download Modern Algos now and embark on a thrilling adventure of smart, efficient, and automated trading. Your next big trade is just a click away! Standard Terms of Use apply. See here for details: https://www.apple.com/legal/internet-services/itunes/dev/stdeula/

Screenshots

AlgoTrade 44 screens
ModernAlgos4 screens

Verdict

The call

The clearest difference is review sentiment: ModernAlgos at 100% against AlgoTrade 4's 0%. ModernAlgos also leads on iOS requirement (13.0 vs 18.0). On price, update cadence, ads and in-app purchases 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. AlgoTrade 4 sells 5 in-app purchases, starting at $2.99 per 7 days and ModernAlgos sells 9 in-app purchases, starting at $4.99 per month. Whichever you choose, the download price is not the number that matters.

UpkeepUpdate frequency

AlgoTrade 4 ships an update every 2 months, ModernAlgos monthly. The most recent releases landed on September 17, 2026 and September 21, 2026 respectively.

Scorecard2 real differences · 8 level
AlgoTrade 4 versus ModernAlgos: the parameters behind the verdict, then further details
ParameterAlgoTrade 4ModernAlgos
PriceFreeFree
Rating—5.0 (1 ratings) — better
Positive reviews0.0% of reviews100.0% of reviews — better
Number of ratings—1 — better
Update frequencyEvery 2 monthsMonthly — better
AdsNoNo
In-app purchasesYesYes
MonetizationFree with in-app purchasesFree with in-app purchases
DevicesiPhone, iPadiPhone, iPad, iPod — better
Requires iOS18.013.0 — better
Further details — not scored
Size67 MB54 MB
Age rating4+17+
DeveloperKin Fung WongModernAlgos

Customer experience

AlgoTrade 4

Written reviews2 reviews
Positive0.0%
Neutral50.0%
Negative50.0%

ModernAlgos

All ratings1 ratings
Positive100.0%
Neutral0.0%
Negative0.0%
Written reviews1 reviews
Positive100.0%
Neutral0.0%
Negative0.0%

In-app purchases

5 purchases

AlgoTrade 4

Subscriptions4
  • AlgoTrade Pro - 1 week$2.997 Days
  • AlgoTrade Pro - 1 month$3.491 Month
  • AlgoTrade Pro - 6 months$18.996 Months
Show 1 more
  • AlgoTrade Pro - 1 year$29.991 Year
One-time1
  • AlgoTrade Pro Lifetime$39.99
9 purchases

ModernAlgos

Subscriptions4
  • Monthly Subscription$4.991 Month
  • Modern Algos Advance - Monthly$9.991 Month
  • Quarterly Plan$24.993 Months
Show 1 more
  • Yearly Plan$99.991 Year
One-time5
  • BasicMonthly$4.99
  • Advance Monthly$11.99
  • Advance$22.99
Show 2 more
  • Advanced Quarterly Plan$29.99
  • Advance Yearly$119.99

Questions

Is AlgoTrade 4 free?
AlgoTrade 4 is free to download, with in-app purchases available.
Is ModernAlgos free?
ModernAlgos is free to download, with in-app purchases available.
Do AlgoTrade 4 or ModernAlgos have ads?
Neither AlgoTrade 4 nor ModernAlgos shows ads.
Which is updated more often, AlgoTrade 4 or ModernAlgos?
AlgoTrade 4 ships an update every 2 months, and ModernAlgos monthly. Most recently, AlgoTrade 4 was updated on September 17, 2026 and ModernAlgos on September 21, 2026.

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