# AlgoTrade 4 vs ModernAlgos

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.

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.

AlgoTrade 4 ships an update every 2 months, ModernAlgos monthly. The most recent releases landed on November 3, 2026 and November 7, 2026 respectively.

## The numbers

| Metric | AlgoTrade 4 | ModernAlgos |
| --- | --- | --- |
| Price | Free | Free |
| Rating | — | **[5.0 (1 ratings)](https://appshunter.io/ios/app/modernalgos-easy-algo-trading/id6453114563/reviews)** |
| Number of ratings | — | **1** |
| Positive reviews | 0.0% of reviews | **100.0% of reviews** |
| In-app purchases | Yes | Yes |
| Ads | No | No |
| Update frequency | Every 2 months | **Monthly** |
| Monetization | Free with in-app purchases | Free with in-app purchases |
| Size | 68 MB | 57 MB |
| Requires iOS | 18.0 | **13.0** |
| Devices | iPhone, iPad | **iPhone, iPad, iPod** |
| Age rating | 4+ | 17+ |
| Developer | [Kin Fung Wong](https://appshunter.io/developer/1859294712) | [ModernAlgos](https://appshunter.io/developer/1635800160) |

## What reviewers say

### AlgoTrade 4

[App page](https://appshunter.io/ios/app/algotrade-4/id1576674876)

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:** macOS Compatibility, Vision Pro support, iPhone Duo support

**In-app purchases (5)**

| Purchase | Price | Billing |
| --- | --- | --- |
| AlgoTrade Pro - 1 week | $2.99 | per 7 days |
| AlgoTrade Pro - 1 month | $3.49 | per month |
| AlgoTrade Pro - 6 months | $18.99 | per 6 months |
| AlgoTrade Pro - 1 year | $29.99 | per year |
| AlgoTrade Pro Lifetime | $39.99 | one-time |


### ModernAlgos

[App page](https://appshunter.io/ios/app/modernalgos-easy-algo-trading/id6453114563)

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:** macOS Compatibility, Vision Pro support

**In-app purchases (9)**

| Purchase | Price | Billing |
| --- | --- | --- |
| Monthly Subscription | $4.99 | per month |
| Modern Algos Advance - Monthly | $9.99 | per month |
| Quarterly Plan | $24.99 | per 3 months |
| Yearly Plan | $99.99 | per year |
| BasicMonthly | $4.99 | one-time |
| Advance Monthly | $11.99 | one-time |
| Advance | $22.99 | one-time |
| Advanced Quarterly Plan | $29.99 | one-time |
| Advance Yearly | $119.99 | one-time |


## Frequently asked 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 November 3, 2026 and ModernAlgos on November 7, 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.*