Comparison

ThinkTrader vs AlgoTrader

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

AlgoTrader

Features
Read full description

Unlock Market Insights: AlgoTrader empowers users with advanced tools to gain deep insights into market trends and indicators. With comprehensive charts displaying indicators such as Money Flow Index (MFI), Average Directional Index (ADX) Relative Strength Index (RSI), Exponential Moving Average (EMA), and Volume Weighted Average Price (VWAP), users can make informed decisions based on real-time data. Refine Your Strategies: New! Custom Backtests – Set up tailored backtests on any trading pair with any technical indicator. Define stop-loss and take-profit levels, and schedule automated runs to refine your strategies with ease. Get push notifications instantly when a new test completes. Backtesting is a crucial component of successful trading strategies. AlgoTrader allows users to backtest their strategies every 8 hours, enabling them to evaluate past performance and optimize their approaches for future trades. This feature ensures that users stay ahead of the curve in an ever-changing market landscape. Stay Informed with Signals Notifications: Never miss a potential trading opportunity with signals notifications. AlgoTrader sends timely alerts about significant market movements, helping users stay informed and react promptly to changes in market conditions. This feature ensures that users can capitalize on opportunities as they arise. Elevate Your Analysis: Join the AlgoTrader community today and experience the future of market analysis. With powerful tools for charting, backtesting, and signals notifications, users can take their trading to the next level and unlock their full potential in the financial markets. Key Features: View charts of indicators like MFI, RSI, EMA, SMA, VWAP, Volume Profile, Volume Crossover. Backtest strategies every 8 hours Receive signals notifications for significant market movements Stay ahead of the curve with real-time market insights Optimize trading strategies and maximize profitability Download AlgoTrader now and revolutionize your trading experience!

Screenshots

ThinkTrader4 screens
AlgoTrader4 screens

Verdict

The call

The clearest difference is in-app purchases: ThinkTrader at none against AlgoTrader's 2. ThinkTrader also leads on update cadence (every 6 days vs fortnightly) and device support (4 vs 1). On price, ads and iOS requirement 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. AlgoTrader sells 2 in-app purchases, starting at $9.99 per month. ThinkTrader asks for nothing beyond the download.

UpkeepUpdate frequency

ThinkTrader ships an update every 6 days, AlgoTrader fortnightly. The most recent releases landed on September 29, 2026 and September 22, 2026 respectively.

Scorecard3 real differences · 7 level
ThinkTrader versus AlgoTrader: the parameters behind the verdict, then further details
ParameterThinkTraderAlgoTrader
PriceFreeFree
Rating4.8 (790 ratings) — better—
Positive reviews83.7% of reviews—
Number of ratings790 — better—
Update frequencyEvery 6 days — betterFortnightly
AdsNoNo
In-app purchasesNo — betterYes
MonetizationFree with in-app purchases—
DevicesiPhone, iPad, iPod, Apple Watch — betteriPhone
Requires iOS15.0 — better16.0
Further details — not scored
Size142 MB31 MB
Age rating4+17+
DeveloperTF GLOBAL MARKETS (UK) LIMITEDAlgoTrader

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

AlgoTrader

Not enough reviews yet to summarise bugs or requests.

In-app purchases

None

ThinkTrader

No in-app purchases

2 purchases

AlgoTrader

Subscriptions2
  • AlgoTrader Monthly Subscription$9.991 Month
  • AlgoTrader Yearly Subscription$99.991 Year

Questions

Is ThinkTrader free?
ThinkTrader is free to download, with no in-app purchases.
Is AlgoTrader free?
AlgoTrader is free to download, with in-app purchases available.
Do ThinkTrader or AlgoTrader have ads?
Neither ThinkTrader nor AlgoTrader shows ads.
Which is updated more often, ThinkTrader or AlgoTrader?
ThinkTrader ships an update every 6 days, and AlgoTrader fortnightly. Most recently, ThinkTrader was updated on September 29, 2026 and AlgoTrader on September 22, 2026.

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