Comparison

ThinkTrader vs Alpha Trader

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

Alpha Trader

Features
Read full description

Alpha Trader puts the futures markets in your pocket, giving you the tools to analyze markets, place trades, manage accounts, and monitor orders from one streamlined mobile platform. Built for traders who want speed without sacrificing control, Alpha Trader combines professional trading functionality with an intuitive experience designed for trading wherever the market takes you. Alpha Trader Features Advanced TradingView Charting Analyze market movements with powerful TradingView charts built directly into the platform. Access the tools you need to study price action and make more informed trading decisions. Fast Order Execution Place trades quickly from your mobile device with a simple, efficient order entry experience designed to keep you focused on the market. DOM Trading Trade directly from the Depth of Market and interact with live price levels from one dedicated interface. Order Tracking Stay on top of your activity with a clear overview of your working, filled, and completed orders. Copy Trading Trade once and replicate your activity across connected follower accounts. Select a lead account, connect your follower accounts, and manage your trading from one place. Multi-Account Management Access and switch between your trading accounts without leaving the platform. View important account information and keep your accounts organized wherever you trade. Quick Market Access Find and select the futures markets you want to trade with just a few taps, giving you faster access to the instruments that matter to you. Built for Mobile Traders Alpha Trader brings charting, execution, order management, DOM trading, and account controls together in a modern mobile experience, so your trading setup can move with you. Whether you’re monitoring the market, analyzing a chart, managing multiple accounts, or placing your next trade, Alpha Trader gives you direct access to the tools you need from your phone. Trade smarter. Move faster. Stay connected to the market with Alpha Trader. Disclaimer: Alpha Trader is trading platform software provided by Citix Technologies Limited (company no. 15152479). Citix is not a broker, futures commission merchant or proprietary trading firm, does not execute or clear trades, does not hold client funds, and does not provide investment advice. Platform access is available only through an approved vendor. Trading futures and leveraged products carries a high level of risk and you may lose more than your deposit. See our full [Disclaimer]), [Terms and Conditions](https://www.alphatrader.com/terms-conditions) and [Privacy Policy](https://www.alphatrader.com/privacy-policy).

Screenshots

ThinkTrader4 screens
Alpha Trader4 screens

Verdict

The call

ThinkTrader and Alpha Trader are too close to call on the numbers: across 5 compared parameters — price, ads, in-app purchases and device support among them — neither pulls far enough ahead to decide it. What separates them is feature set and interface, not measurable difference.

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.

ScorecardNo meaningful differences
ThinkTrader versus Alpha Trader: the parameters behind the verdict, then further details
ParameterThinkTraderAlpha Trader
PriceFreeFree
Rating4.8 (792 ratings) — better—
Positive reviews83.7% of reviews—
Number of ratings792 — better—
Update frequencyEvery 5 days—
AdsNoNo
In-app purchasesNoNo
MonetizationFree with in-app purchases—
DevicesiPhone, iPad, iPod, Apple Watch — betteriPhone, iPad, iPod
Requires iOS15.015.0
Further details — not scored
Size143 MB60 MB
Age rating4+17+
DeveloperTF GLOBAL MARKETS (UK) LIMITEDAlpha Capital Group Limited

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

Alpha Trader

Not enough reviews yet to summarise bugs or requests.

In-app purchases

None

ThinkTrader

No in-app purchases

None

Alpha Trader

No in-app purchases

Questions

Is ThinkTrader free?
ThinkTrader is free to download, with no in-app purchases.
Is Alpha Trader free?
Alpha Trader is free to download, with no in-app purchases.
Do ThinkTrader or Alpha Trader have ads?
Neither ThinkTrader nor Alpha Trader shows ads.

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