Forex Strength Meter vs Institutional Forex Meter
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
Forex Strength Meter
This app provides real-time currency strength data for Forex traders to identify trade setups. It analyzes 8 major currencies across multiple timeframes with bar and line charts, helping traders time entries and exits effectively.
- Real-time currency strength data
- 8 major currencies analyzed
- Multiple timeframes (H4, D1, W1, M1)
- Bar and line charts with zoom
- Adjustable time zone
- Dark Mode support
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Currency Strength Meter for Forex traders. Find better trade setups with real-time currency strength data. Quickly scan the market using multiple timeframes, bar and line charts. Fast, accurate strength data helps you time entries and exits more effectively. What is Currency Strength? Currency strength is a popular Forex trading indicator that helps you understand price movements by comparing the strength of individual currencies. Strength is calculated across 8 major currencies (USD, EUR, GBP, JPY, AUD, NZD, CHF, CAD) and reported on a scale from 0 (weakest) to 10 (strongest). This lets you quickly identify which currencies are strongest and weakest, and whether a move in a Forex pair is driven by strength or weakness in one of the currencies. Key Features: – Fast, real-time streaming currency strength data – 8 major currencies: USD, EUR, JPY, GBP, AUD, NZD, CHF, CAD – 4 included timeframes: H4, D1, W1, M1 – Optional Data Booster Pack adds M15 and H1 – Bar and line charts with zoom and historical view – Max/min highlighting in real time – Adjustable time zone to match your trading platform – Multiple color options and full Dark Mode support – Built-in Help / User Guide – In-app support contact Privacy Policy: https://www.currencystrengthmeter.net/privacy/ Terms of Use: https://www.currencystrengthmeter.net/terms/
Institutional Forex Meter
This app analyzes the strength and correlation of major global currencies. It provides visual data over various timeframes to help traders identify opportunities like strong/weak pairs and divergences.
- Currency strength measurement
- Decorrelated and normalized data
- Selectable time periods (today, week, month, year)
- USD, CAD, EUR, GBP, AUD, NZD, JPY, CHF analysis
- Identify strong/weak currency pairs
- Detect trading divergences
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The Forex Strength Meter measures the decorrelated and normalized strength of the major currencies USD (US Dollar), CAD (Canadian Dollar), EUR (Euro), GBP (British Pound), AUD (Australian Dollar), NZD (New Zealand Dollar), JPY (Japanese Yen), and CHF (Swiss Franc). Each currency is shown over a selectable time period (today, last 24 hours, this week, this month, this year, ...). Forex strength can be used for instance for trading strong/weak pairs (to maximize profits due to volatility or ranges), divergences, etc.
Screenshots
Verdict
The clearest difference is price: Institutional Forex Meter at Free against Forex Strength Meter's $9.99. Institutional Forex Meter also leads on in-app purchases (none vs 5) and update cadence (every 3 days vs every 2 months). Forex Strength Meter's advantage is chart position (#13 vs unranked) and review sentiment (83% vs 71%). On rating and ads 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
Institutional Forex Meter is free to download; Forex Strength Meter costs $9.99 up front. Forex Strength Meter sells 5 one-off in-app purchases. Institutional Forex Meter asks for nothing beyond the download.
On the App Store both sit at effectively the same score — 4.6 for Forex Strength Meter against 4.5 for Institutional Forex Meter. That said, the two scores are not equally well evidenced: Forex Strength Meter has 62 ratings behind it against 11, so its average is the more settled of the two. Written reviews are what separate them: 83% of Forex Strength Meter's written reviews are positive against 71% of Institutional Forex Meter's.
Forex Strength Meter ships an update every 2 months, Institutional Forex Meter every 3 days. The most recent releases landed on September 30, 2026 and September 25, 2026 respectively.
| Parameter | Forex Strength Meter | Institutional Forex Meter |
|---|---|---|
| Price | $9.99 | Free — better |
| Rating | 4.6 (62 ratings) — better | 4.5 (11 ratings) |
| Positive reviews | 83.3% of reviews — better | 71.4% of reviews |
| Number of ratings | 62 — better | 11 |
| Update frequency | Every 2 months | Every 3 days — better |
| Ads | No | No |
| In-app purchases | Yes | No — better |
| Monetization | Free with in-app purchases | Free — better |
| Best chart rank | #13 — better | — |
| Devices | iPhone | iPhone, iPad, iPod — better |
| Requires iOS | 17.5 | 8.0 — better |
| Further details — not scored | ||
| Size | 4 MB | 43 MB |
| Age rating | 4+ | 4+ |
| Developer | QM4 Designs | Harald Meyer |
Customer experience
Forex Strength Meter
Institutional Forex Meter
Bugs and requests
Forex Strength Meter
Reported bugs
3 issues- Not consistent, changes every minute
- GBP strength appears backwards
- CHF strength appears backwards
Requested features
14 requests- More like indexes US 30 US 500 NAS XAG, XAUUSD
- Add one hour timeframe
- More time frames
- Timer for updates
- Add push notification alarms for crossovers or strength levels
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- Desktop version availability
- More currencies
- Hourly time frame
- Lower timeframes down to 5 mins
- World market index for correlation
- Enable app for iPad
- Crossover alerts
- Strength level alerts
- Custom colors
Institutional Forex Meter
Not enough reviews yet to summarise bugs or requests.
In-app purchases
Forex Strength Meter
- Data Booster Pack for 7 days$1.99
- Data Booster Pack for 30 days$4.99
- Data Booster Pack for 60 days$7.99
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- Data Booster Pack for 90 days$11.99
- Data Booster Pack for 1 year$23.99
Institutional Forex Meter
No in-app purchases
Questions
Is Forex Strength Meter free?
Is Institutional Forex Meter free?
Which has better reviews, Forex Strength Meter or Institutional Forex Meter?
Do Forex Strength Meter or Institutional Forex Meter have ads?
Which is updated more often, Forex Strength Meter or Institutional Forex Meter?
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