# ThinkTrader vs MCarloRisk

The clearest difference is monetization model: MCarloRisk at free against ThinkTrader's free with in-app purchases. MCarloRisk also leads on review sentiment (100% vs 84%). ThinkTrader's advantage is ratings volume (790 vs 5) and update cadence (every 6 days vs fortnightly). On price, rating, ads and in-app purchases there is nothing between them.

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

On the App Store both sit at effectively the same score — 4.8 for ThinkTrader against 4.8 for MCarloRisk. That said, the two scores are not equally well evidenced: ThinkTrader has 790 ratings behind it against 5, so its average is the more settled of the two. Written reviews are what separate them: 84% of ThinkTrader's written reviews are positive against 100% of MCarloRisk's.

ThinkTrader ships an update every 6 days, MCarloRisk fortnightly. The most recent releases landed on September 24, 2026 and July 31, 2026 respectively.

## The numbers

| Metric | ThinkTrader | MCarloRisk |
| --- | --- | --- |
| Price | Free | Free |
| Rating | [4.8 (790 ratings)](https://appshunter.io/ios/app/thinktrader/id329476057/reviews) | [4.8 (5 ratings)](https://appshunter.io/ios/app/mcarlorisk/id412346415/reviews) |
| Number of ratings | **790** | 5 |
| Positive reviews | 83.7% of reviews | **100.0% of reviews** |
| In-app purchases | No | No |
| Ads | No | No |
| Update frequency | **Every 6 days** | Fortnightly |
| Monetization | Free with in-app purchases | **Free** |
| Size | 141 MB | 2 MB |
| Requires iOS | **15.0** | 15.6 |
| Devices | **iPhone, iPad, iPod, Apple Watch** | iPhone, iPod |
| Age rating | 4+ | 4+ |
| Developer | [TF GLOBAL MARKETS (UK) LIMITED](https://appshunter.io/developer/1120630427) | [differential enterprises](https://appshunter.io/developer/323713853) |

## What reviewers say

### ThinkTrader

[App page](https://appshunter.io/ios/app/thinktrader/id329476057)

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:** macOS Compatibility, Apple Wallet, Apple Watch app, Vision Pro support

**In-app purchases:** none

**What reviewers like**

- 🚀 Excellent charting and technical analysis features
- 👍 User-friendly and intuitive interface
- 🔒 Secure and reliable platform
- 💡 Wide range of indicators and customization options
- 🚀 Fast and responsive performance

**What reviewers complain about**

- 🐛 Occasional app crashes and freezes
- 🔋 High battery consumption
- 🔍 Limited broker integration options
- 🔍 Confusing login/activation process
- 🐛 Issues with watchlists and order execution

**Reported bugs**

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

**Requested features**

- 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


### MCarloRisk

[App page](https://appshunter.io/ios/app/mcarlorisk/id412346415)

Analyze stock and cryptocurrency price probabilities using Monte Carlo simulations. This tool estimates future price distributions and risk of loss without assuming normal returns or requiring manual volatility estimates. It offers portfolio analysis, correlation, and optimization based on historical data.

**Highlights:** Monte Carlo price simulations, Portfolio risk analysis, Cryptocurrency support, Pairwise correlation/regression, Customizable historical data lookback, Empirical distribution resampling, Built-in backtesting

**Features:** macOS Compatibility

**In-app purchases:** none


## Frequently asked questions

### Is ThinkTrader free?

ThinkTrader is free to download, with no in-app purchases.

### Is MCarloRisk free?

MCarloRisk is free to download, with no in-app purchases.

### Which has better reviews, ThinkTrader or MCarloRisk?

ThinkTrader and MCarloRisk are both rated 4.8 out of 5 on the App Store, from 790 and 5 ratings respectively.

### Do ThinkTrader or MCarloRisk have ads?

Neither ThinkTrader nor MCarloRisk shows ads.

### Which is updated more often, ThinkTrader or MCarloRisk?

ThinkTrader ships an update every 6 days, and MCarloRisk fortnightly. Most recently, ThinkTrader was updated on September 24, 2026 and MCarloRisk on July 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.*