MotiveWave Mobile vs BackTrader
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
MotiveWave Mobile
Trade and monitor futures, stocks, forex, and crypto on the go with this broker-neutral mobile trading platform. It offers advanced charting tools, multiple broker connections, and customizable layouts for phones and tablets.
- Broker-neutral trading
- Multiple broker connections
- Advanced charting tools
- 170+ built-in studies/indicators
- Order flow tools
- Harmonic trading tools
- Optimized layouts for phone/tablet
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The MotiveWave mobile application complements our desktop application and is broker neutral with current support for 4 brokers, allowing you to easily trade and monitor futures, stocks, forex and crypto from wherever you are. MotiveWave does not include data and additional brokers may be added in future releases. The mobile application supports multiple broker connections within the same Workspace or you can create separate Workspaces for each broker. The application supports two layout modes: Phone - optimized layout (portrait mode) that shows a single screen at a time Tablet - Docking framework for displaying multiple docks (charts, watch lists, account info, order book, Time/Sales and Depth of Market) As an incredibly feature-rich trading platform, here are some of the highlights below showing the capabilities that you can find in our trading software. Our trading software is available in 4 different editions to meet your charting and trading needs. Key Features (available features will depend on edition): 4 Supported Brokers: (CQG, OANDA, Rithmic, TD-Ameritrade) Multiple Brokers/Data Feeds per Workspace Chart Tools: Trend Line, Horizontal and Vertical Line, Price and Time Labels, Fork, Modified Schiff Fork, Channel, Time and Price Range, Arrows, Support and Resistance Areas, P&L Calculator/PL Targets, Cycle, Time Cycle, Wedges, Angles, Curves, Regression Tools, Circles, Triangle, Quad Polygon, Sine Wave, Quadrant Lines, Tirone Levels, Speed Lines, Cross Line Fibonacci: Retracement, Extension, Expansion, Circle, Arc, Fan, Regression Tools, Customizable Ratio Presets. Callouts (Balloon, Line, Box), Annotation, Note, Comment, Ellipse, Boxes, Arrows, Shapes, Numbers, Letters 170+ Built-in Studies/Indicators Indicator on Indicator: Use one indicator as an input for another Chart Linking: Link Instrument - All charts have same instrument Link Bar Size - All charts have the same bar size Multiple Chart Bar Types: OHLC bars, HLC bars, Candlesticks, Trend Candlesticks, Hollow Candlesticks, Heikin-Ashi, Percent Change, Line, Square Line, Bars, No Bars Non-Linear and Second-Based Bars: Tick, Range, Renko, Hybrid Renko, Volume, Point & Figure, Reversal Second-Based Bars (Requires Historical Tick Data) Time Frame Visibility Options: Time frame visibility enables you to specify the bar sizes where a component is visible. For example, show a Trend Line only on bar sizes smaller than or equal to 1 hour. Order Flow Tools and Studies: Volume Profile and VWAP Studies Order Flow Studies: TPO, Volume Imprint, Depth of Market, Bid/Ask Volume, Order Heatmap, Big Trades, Delta Volume, Cumulative Delta TPO and Volume Profile Components Time and Sales Harmonic Tools: Bull/Bear versions of Gartley, Butterfly, Crab, Deep Crab, Bat, Alternate Bat, Shark, Cypher, AB=CD, Alternate AB=CD, 5-0, 3 Drives Advanced DOM (Depth of Market): Track recent trades at the bid and ask Track pulling and stacking Volume profile (with separate bid and ask volume profiles) Market by Order, which will display individual order sizes in the book (currently Rithmic only) Full Market Depth beyond 10 levels Position in Queue Trading: Trading directly from a chart or the chart axis Trading from the Trade Panel Trading from the DOM Privacy Policy: https://www.motivewave.com/company/privacy_policy.htm Terms of Service: https://www.motivewave.com/company/terms_of_service.htm
BackTrader
This cloud-based platform mirrors trades in real-time across unlimited accounts, supporting futures traders and prop firms. It offers advanced features like limit/stop order copying and per-account scaling, all managed through a mobile dashboard with analytics and risk management tools.
- Real-time trade copying
- Limit and stop order copying
- Cloud-based, always-on infrastructure
- Per-account contract multipliers
- Integrated trading journal and analytics
- Configurable risk management rules
- Mobile dashboard with push notifications
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BackTrader is the cloud-based trade copier built for serious futures traders and prop firm accounts. Mirror every entry, exit, stop, and target from your leader account to unlimited follower accounts in real time - no downloads, no VPS, no missed trades. Built from the ground up by traders, BackTrader runs entirely in the cloud. Close your laptop, lock your phone, walk away. Your trades keep copying. WHY TRADERS CHOOSE BACKTRADER • Real-time copying - Leader fills are detected the moment they happen and pushed to every follower account with minimal latency. • Limit and stop order copying - BackTrader copies pending orders directly, not just fills, so your accounts enter at the same levels and avoid slippage from fill-propagation delay. • Always-on infrastructure - Copy trading continues even when the app and your browser are closed. Our server-side engine maintains the connection for you. • Per-account scaling - Set custom contract multipliers per follower to copy the same strategy across accounts of different sizes. • Instant configuration - Pause, resume, swap leaders, or change risk rules and it takes effect immediately. SUPPORTED BROKERS AND PROP FIRMS BackTrader connects directly to Tradovate and ProjectX, which covers the most popular evaluation and funded account programs, including: • Topstep • Apex Trader Funding • Tradeify • Lucid Trading • Alpha Futures • And most firms routed through Tradovate or ProjectX ANALYTICS AND JOURNALING INCLUDED BackTrader is more than a copier. Review every trade with detailed performance analytics, an economic calendar, and a built-in trading journal — so you can improve execution, not just replicate it. RISK MANAGEMENT Protect every account with configurable risk rules designed for prop firm requirements. Set limits, guard daily drawdown, and keep followers in sync with your plan. MOBILE DASHBOARD Monitor leader and follower positions, live P&L, execution status, and rejections from your iPhone. Get real-time push notifications the instant a trade fires, fills, or fails. BUILT BY TRADERS, FOR TRADERS BackTrader was built because existing copiers were slow, unreliable, and clunky. Our dedicated infrastructure connects directly to brokers to give you precise control, faster execution, and a platform that actually understands how prop traders work. IMPORTANT BackTrader is a tool for executing and reviewing your own trading decisions. BackTrader does not provide financial, investment, legal, or tax advice. Trading futures involves substantial risk of loss and is not suitable for every investor. Learn more at backtrader.io Terms of Use: https://www.backtrader.io/terms-of-use Privacy Policy: https://www.backtrader.io/privacy-policy Subscriptions auto-renew unless cancelled at least 24 hours before the end of the current period. Payment is charged to your Apple ID account. Manage or cancel in Settings → Apple ID → Subscriptions after purchase.
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Verdict
The clearest difference is review sentiment: BackTrader at 97% against MotiveWave Mobile's 31%. BackTrader also leads on rating (4.7 vs 3.4) and update cadence (every 2 weeks vs every 6 weeks). On price, ratings volume, 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
Both are free to download. MotiveWave Mobile sells 3 in-app purchases, starting at $14.99 per month and BackTrader sells 3 in-app purchases, starting at $34.99 per month. Whichever you choose, the download price is not the number that matters.
BackTrader holds the better App Store score, 4.7 against 3.4. Both are backed by a comparable volume of ratings — 28 and 36 respectively. Written reviews point the same way: 31% of MotiveWave Mobile's written reviews are positive against 97% of BackTrader's.
MotiveWave Mobile ships an update every 6 weeks, BackTrader every 2 weeks. The most recent releases landed on November 7, 2026 and November 5, 2026 respectively.
| Parameter | MotiveWave Mobile | BackTrader |
|---|---|---|
| Price | Free | Free |
| Rating | 3.4 (28 ratings) | 4.7 (36 ratings) — better |
| Positive reviews | 31.0% of reviews | 96.7% of reviews — better |
| Number of ratings | 28 | 36 — better |
| Update frequency | Every 6 weeks | Every 2 weeks — better |
| Ads | No | No |
| In-app purchases | Yes | Yes |
| Monetization | Free with in-app purchases | Free with in-app purchases |
| Best chart rank | — | #181 — better |
| Devices | iPhone, iPad, iPod | iPhone, iPad, iPod |
| Requires iOS | 15.0 | 15.0 |
| Further details — not scored | ||
| Size | 36 MB | 12 MB |
| Age rating | 17+ | 17+ |
| Developer | MotiveWave Software | BackTrader |
Customer experience
MotiveWave Mobile
BackTrader
In-app purchases
MotiveWave Mobile
- Standard Edition$14.991 Month
- Order Flow Edition$29.991 Month
- Pro Edition$49.991 Month
BackTrader
- Standard$34.991 Month
- Premium$49.991 Month
- Pro$99.991 Month
Questions
Is MotiveWave Mobile free?
Is BackTrader free?
Which has better reviews, MotiveWave Mobile or BackTrader?
Do MotiveWave Mobile or BackTrader have ads?
Which is updated more often, MotiveWave Mobile or BackTrader?
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