Comparison

ThinkTrader vs MyTrader

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

Head to head
About

ThinkTrader

This app provides a comprehensive mobile trading platform for CFDs and forex. Access global markets, analyze trends with advanced charting tools, and utilize exclusive trading features to make informed decisions. It's designed for traders on the go, offering a wide range of instruments and real-time market insights.

Highlights
  • Multi-asset trading platform
  • Advanced charting tools
  • 100+ technical indicators
  • 50+ drawing tools
  • Cloud-based alerts
  • Strategy backtesting
  • Trade setup scanner
Features
Read full description

ThinkTrader is a powerful CFD and forex trading app powered by ThinkMarkets, used by over 500,000 global traders. Join a global community using ThinkTrader to improve their analysis and make informed trading decisions. Access global markets from the palm of your hand with a fully-featured, multi-asset trading platform built for trading on the go. Download ThinkTrader to access up to 4,000 trading instruments across forex, indices, stocks, commodities, and more – all from one mobile trading app. Benefit from advanced charting and technical analysis tools: -Charts powered by TradingView -100+ popular technical indicators, including RSI, MACD, Moving Averages, and more -50+ drawing tools, including lines, channels, geometric shapes -10+ timeframes from 1-minute to 1-month -Receive cloud-based alerts – even when you are offline -View up to 4 charts on one screen -Close multiple positions with just one click -Create your own custom watchlists Plus other exclusive trading tools: -Traders’ Gym: Backtest trading strategies on historical data -Trend-Risk Scanner: Scan the markets for high probability trade setups -Real-time news: Stay informed with FX Wire Pro’s coverage ThinkMarkets is a trading name of the ThinkMarkets Group. ThinkMarkets Group comprises of a number of regulated legal entities. Trading involves risks. Please see our Full Risk Warning and Disclaimer.

About

MyTrader

Features
Read full description

No compromises! Trade from your iPhone or iPad with more tools and controls than your desktop platform. MyTrader offers outstanding charting, market analysis, and power-user trading tools including order batches, grids, and market depth. And it’s fully customisable. MyTrader contains over 40 different trading widgets which you can combine in any order to create your own personalised trading platform - as simple or as complex as you want. MyTrader can trade FX Blue's own demo accounts, and can also currently to forex, CFD, and cryptocurrency accounts with OANDA, Forex.com, FXCM, or any MT4/MT5 broker by running the MyTrader Connector EA in the MT4/5 client terminal. MyTrader also offers a data-only connection if you just want to analyse markets and prices without trading an account. Trading MyTrader has it all: one-tap trading, order placement and editing direct from charts, choice between deal tickets or order grids, sophisticated order templating, and power tools such as grids and batches. You can even write your own scripts to place a single order or basket with a tap of an icon. Outstanding Charting Over 100 technical indicators, over 50 drawing tools, and chart types which include Renko, Kagi, and Point & Figure as well as more traditional bar and candle charts. Hugely flexible and unique drawing features, to create stunning charts. Supports multi-chart layouts on iPads. Technical Analysis Automated technical analysis, combining multiple moving averages, oscillators, and pivot points into a single overall buy/sell rating. Heat Map, Currency Strength, and Sentiment Keep track of market movements using a heat map of major changes, a display of relative currency strength, and real-time long/short sentiment based on real-money trades by FX Blue users. Quote Boards and Watch-lists Monitor current prices using the app's simple but effective quote board. Choose from pre-defined lists of markets, such as USD crosses, or create your own watch-lists which can then be used throughout the app. Calculators Easy-to-use calculators for common trading needs: calculate position sizes, Fibonacci retracements, pivot levels etc, or simply convert cash values from one currency to another. Fully Customisable Open widgets on a temporary basis if you just want a quick peek at some information, or create saved pages within the app which make your preferred widgets more permanently available. iPhones can have any number of pages within the app, but each page can only display a singe widget. The larger screen of iPads allows multi-widget layouts of huge flexibility - in particular, multiple charts side by side. Scripts Create scripts for your common actions and turn them into one-tap icons in the software's banner. Software developers can go much, much further and create whole new widgets of the software with access to all the same features as the built-in components.

Screenshots

ThinkTrader4 screens
MyTrader4 screens

Verdict

The call

The clearest difference is update cadence: ThinkTrader at every 5 days against MyTrader's every 3 weeks. MyTrader's advantage is iOS requirement (13.0 vs 15.0). On price, ads, in-app purchases and device support 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. Neither carries in-app purchases, so what you see is what you pay.

UpkeepUpdate frequency

ThinkTrader ships an update every 5 days, MyTrader every 3 weeks. The most recent releases landed on October 15, 2026 and September 23, 2026 respectively.

Scorecard2 real differences · 8 level
ThinkTrader versus MyTrader: the parameters behind the verdict, then further details
ParameterThinkTraderMyTrader
PriceFreeFree
Rating4.8 (792 ratings) — better—
Positive reviews83.7% of reviews—
Number of ratings792 — better—
Update frequencyEvery 5 days — betterEvery 3 weeks
AdsNoNo
In-app purchasesNoNo
MonetizationFree with in-app purchases—
DevicesiPhone, iPad, iPod, Apple Watch — betteriPhone, iPad, iPod
Requires iOS15.013.0 — better
Further details — not scored
Size143 MB24 MB
Age rating4+17+
DeveloperTF GLOBAL MARKETS (UK) LIMITEDFXBlue LLP

Bugs and requests

ThinkTrader

Reported bugs

4 issues
  • Watchlists not working as expected
  • Lag and delays in chart updates
  • Compatibility issues with older iOS versions
  • Login screen freezes and crashes

Requested features

5 requests
  • Add more broker integrations
  • Improve alarm and alert functionality
  • Implement cloud sync and backup options
  • Add more chart types and customization tools
  • Introduce a dark mode option

MyTrader

Not enough reviews yet to summarise bugs or requests.

In-app purchases

None

ThinkTrader

No in-app purchases

None

MyTrader

No in-app purchases

Questions

Is ThinkTrader free?
ThinkTrader is free to download, with no in-app purchases.
Is MyTrader free?
MyTrader is free to download, with no in-app purchases.
Do ThinkTrader or MyTrader have ads?
Neither ThinkTrader nor MyTrader shows ads.
Which is updated more often, ThinkTrader or MyTrader?
ThinkTrader ships an update every 5 days, and MyTrader every 3 weeks. Most recently, ThinkTrader was updated on October 15, 2026 and MyTrader on September 23, 2026.

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