# ThinkMarkets vs Forex Backtest

The clearest difference is rating: ThinkMarkets at 4.8 against Forex Backtest's 2.3. ThinkMarkets also leads on in-app purchases (none vs 10) and review sentiment (84% vs 57%). On price, update cadence and ads there is nothing between them.

Both are free to download. Forex Backtest sells 10 in-app purchases, starting at $2.99 per month. ThinkMarkets asks for nothing beyond the download.

ThinkMarkets holds the better App Store score, 4.8 against 2.3. That said, the two scores are not equally well evidenced: ThinkMarkets has 797 ratings behind it against 6, so its average is the more settled of the two. Written reviews point the same way: 84% of ThinkMarkets's written reviews are positive against 57% of Forex Backtest's.

Both ship on a similar rhythm, roughly every 5 days. The most recent releases landed on November 1, 2026 and November 4, 2026 respectively.

## The numbers

| Metric | ThinkMarkets | Forex Backtest |
| --- | --- | --- |
| Price | Free | Free |
| Rating | **[4.8 (797 ratings)](https://appshunter.io/ios/app/thinkmarkets-trading-app/id329476057/reviews)** | [2.3 (6 ratings)](https://appshunter.io/ios/app/forex-backtest/id6475636090/reviews) |
| Number of ratings | **797** | 6 |
| Positive reviews | **83.8% of reviews** | 57.1% of reviews |
| In-app purchases | **No** | Yes |
| Ads | No | No |
| Update frequency | Every 5 days | Every 5 days |
| Monetization | **Free** | Free with in-app purchases |
| Size | 144 MB | 131 MB |
| Requires iOS | **15.0** | 17.6 |
| Devices | **iPhone, iPad, iPod, Apple Watch** | iPhone, iPad |
| Age rating | 4+ | 17+ |
| Developer | [TF GLOBAL MARKETS (UK) LIMITED](https://appshunter.io/developer/1120630427) | [Khoa Nguyen](https://appshunter.io/developer/1531672591) |

## What reviewers say

### ThinkMarkets

[App page](https://appshunter.io/ios/app/thinkmarkets-trading-app/id329476057)

Trade a wide range of financial instruments including forex, commodities, indices, shares, and cryptocurrencies. Access advanced charting tools, risk management features, and a demo account for practice. Start trading with a low minimum deposit and flexible funding options.

**Highlights:** Trade 4,000+ instruments, 24/7 trading on select markets, Advanced charting and technical analysis, Risk management tools, Demo account for practice, AI-assisted trading features, Flexible funding options

**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


### Forex Backtest

[App page](https://appshunter.io/ios/app/forex-backtest/id6475636090)

Test your forex trading strategies with historical and real-time data. Analyze over 200 markets using advanced charting tools and indicators. Optimize performance across multiple timeframes and order types.

**Highlights:** Over 200 markets, Backtest & Forward Test, Multi-Timeframe Backtesting, Three Order Modes, Overlay and Drawing Tools, Integrated Indicators

**Features:** macOS Compatibility

**In-app purchases (10)**

| Purchase | Price | Billing |
| --- | --- | --- |
| Package 500 for 1 month | $2.99 | per month |
| Package 1k for 1 month | $4.99 | per month |
| Package 2k for 1 month | $9.99 | per month |
| Package 3k for 1 month | $12.99 | per month |
| Package 5k for 1 month | $19.99 | per month |
| Package 10k for 1 month | $39.99 | per month |
| Package 20k for 1 month | $59.99 | per month |
| Package 30k for 1 month | $79.99 | per month |
| Package 50k for 1 month | $89.99 | per month |
| Package Unlimited for 1 month | $99.99 | per month |


## Frequently asked questions

### Is ThinkMarkets free?

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

### Is Forex Backtest free?

Forex Backtest is free to download, with in-app purchases available.

### Which has better reviews, ThinkMarkets or Forex Backtest?

ThinkMarkets is rated higher. ThinkMarkets averages 4.8 out of 5 from 797 ratings, while Forex Backtest averages 2.3 from 6 ratings.

### Do ThinkMarkets or Forex Backtest have ads?

Neither ThinkMarkets nor Forex Backtest shows ads.

### Which is updated more often, ThinkMarkets or Forex Backtest?

ThinkMarkets ships an update every 5 days, and Forex Backtest every 5 days. Most recently, ThinkMarkets was updated on November 1, 2026 and Forex Backtest on November 4, 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.*