# ThinkTrader vs Forex Backtest

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

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

ThinkTrader holds the better App Store score, 4.8 against 2.3. That said, the two scores are not equally well evidenced: ThinkTrader has 790 ratings behind it against 6, so its average is the more settled of the two. Written reviews point the same way: 84% of ThinkTrader's written reviews are positive against 57% of Forex Backtest's.

ThinkTrader ships an update every 6 days, Forex Backtest every 5 days. The most recent releases landed on September 29, 2026 and October 1, 2026 respectively.

## The numbers

| Metric | ThinkTrader | Forex Backtest |
| --- | --- | --- |
| Price | Free | Free |
| Rating | **[4.8 (790 ratings)](https://appshunter.io/ios/app/thinktrader/id329476057/reviews)** | [2.3 (6 ratings)](https://appshunter.io/ios/app/forex-backtest/id6475636090/reviews) |
| Number of ratings | **790** | 6 |
| Positive reviews | **83.7% of reviews** | 57.1% of reviews |
| In-app purchases | **No** | Yes |
| Ads | No | No |
| Update frequency | Every 6 days | **Every 5 days** |
| Monetization | Free with in-app purchases | Free with in-app purchases |
| Size | 142 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

### 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


### 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 ThinkTrader free?

ThinkTrader 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, ThinkTrader or Forex Backtest?

ThinkTrader is rated higher. ThinkTrader averages 4.8 out of 5 from 790 ratings, while Forex Backtest averages 2.3 from 6 ratings.

### Do ThinkTrader or Forex Backtest have ads?

Neither ThinkTrader nor Forex Backtest shows ads.

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

ThinkTrader ships an update every 6 days, and Forex Backtest every 5 days. Most recently, ThinkTrader was updated on September 29, 2026 and Forex Backtest on October 1, 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.*