Comparison

Chart Master vs Formiq

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

Chart Master

Practice trading strategies with historical market data across various assets like stocks, forex, and crypto. Analyze past performance, learn from top traders, and refine your approach without risking real money. Ideal for beginners and experienced traders looking to hone their skills.

Highlights
  • Practice trading with historical data
  • Fast-forward through market history
  • Analyze top trader strategies
  • Backtest Forex, Crypto, Stocks, Futures
  • Supports short timeframes (e.g., 1-minute)
  • Learn trading without investment
Features
Read full description

Chart Master is a trading simulator/game that allows you to practice your trading skills using historical chart data. THE BEST PART? It lets you fast-forward through historical data to see the results of your strategy much more quickly. HOW TO LEARN TRADING USING OUR APP? 1. You can develop your strategy yourself by trial and error. That's trading 101. 2. You can take a peek at how our best contestants trade and analyze their decisions. 3. You can put into practice strategies advertised by your favorite YouTubers and see if they really work as promised. As a result, it's a great tool to learn trading even for beginners with zero investment knowledge. DOES IT WORK WITH CRYPTO OR FOREX? Yes, you can backtest Forex, Futures, Cryptocurrencies, and Stocks. We have stocks from the S&P 500 and many national exchanges, including European stocks, India, South Africa, UK, Japan, etc. CAN I TRAIN DAY TRADING TOO? Yes, Forex data includes timeframes as short as 1 minute. We're open to suggestions on what timeframes/data to add. DOES IT WORK LIKE A DEMO/OFFLINE BROKER ACCOUNT? Not really. In such a paper account, you trade without investment, but it takes days/months, so you get bored and switch to real trading, where you soon start losing money (unless you're lucky). Our app differs by letting you replay the market moves and emulate your game plan in minutes. So you don't get bored; instead, you get frustrated by constant losing. :-) Still better than losing real money. WILL IT TEACH ME TRADING? Yes, but be warned that it takes time to master the skill. We don't promise you'll ever beat Crypto or Forex AI bots, but if you dedicate yourself to training, you'll have a chance to join the elite fraction of traders who can consistently make money on trading. One thing you'll learn for sure: you'll realize how easy it is to blow your account, especially when trading Forex, Crypto, or CFDs, where the leverage is usually high. Your success is up to you. Chart Master can be used for free. Optional paid subscription lets you get rid of ads and provides access to extra timeframes and more historical data. Terms of Use: https://chartmaster.app/terms.php

About

Formiq

Test your forex trading strategies on historical charts before risking real money. Practice entries, track trades, and analyze performance metrics to build confidence and refine your approach.

Highlights
  • Replay historical forex charts
  • Practice trade entries
  • Record and track trades
  • Analyze win rate and P&L
  • Test indicators
  • Simulate position sizing
Features
Read full description

Ever wonder if your trading strategy actually works — before risking real money? Formiq lets you test your forex strategy on historical charts, so you can build confidence before you ever place a live trade. What you can do with Formiq - Replay historical forex charts and practice entries - Record and track your trades automatically - See your win rate, risk/reward, and P&L at a glance - Test indicators and find what actually works for you - Simulate position sizing and money management - Sharpen your discretionary trading skills Who is Formiq for? - Traders who want to validate a strategy before going live - Anyone tired of losing money testing ideas on a real account - Traders looking to build consistent habits through repetition - Beginners who want to learn price action without the pressure Formiq Unlimited The core features are free to try. Upgrade to Formiq Unlimited to unlock everything with no restrictions. Stop guessing. Start testing. The more you practice, the more patterns you recognize — and the more confident you trade! Terms of Service https://formiq.jp/terms

Screenshots

Chart Master4 screens
Formiq4 screens

Verdict

The call

The clearest difference is ads: Formiq at none against Chart Master's shown. Formiq also leads on update cadence (every 5 days vs every 6 weeks) and rating (5.0 vs 4.8). Chart Master's advantage is ratings volume (16 vs 2) and device support (3 vs 1). On price, in-app purchases and monetization model 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. Chart Master sells 5 in-app purchases, starting at $0.99 per 7 days and Formiq sells 2 in-app purchases, starting at $19.99 per month. Whichever you choose, the download price is not the number that matters.

ReceptionRating · Positive reviews · Number of ratings

Formiq holds the better App Store score, 5.0 against 4.8. That said, the two scores are not equally well evidenced: Chart Master has 16 ratings behind it against 2, so its average is the more settled of the two.

UpkeepUpdate frequency

Chart Master ships an update every 6 weeks, Formiq every 5 days. The most recent releases landed on October 3, 2026 and October 9, 2026 respectively.

Scorecard6 real differences · 4 level
Chart Master versus Formiq: the parameters behind the verdict, then further details
ParameterChart MasterFormiq
PriceFreeFree
Rating4.8 (16 ratings)5.0 (2 ratings) — better
Positive reviews100.0% of reviews—
Number of ratings16 — better2
Update frequencyEvery 6 weeksEvery 5 days — better
AdsYesNo — better
In-app purchasesYesYes
MonetizationFree with in-app purchasesFreemium
DevicesiPhone, iPad, iPod — betteriPhone
Requires iOS13.0 — better17.0
Further details — not scored
Size60 MB57 MB
Age rating4+4+
DeveloperMichal Drapiewski株式会社オポチュニティ

Customer experience

Chart Master

All ratings16 ratings
Positive100.0%
Neutral0.0%
Negative0.0%
Written reviews5 reviews
Positive100.0%
Neutral0.0%
Negative0.0%

Formiq

All ratings2 ratings
Positive100.0%
Neutral0.0%
Negative0.0%

In-app purchases

5 purchases

Chart Master

Subscriptions4
  • Premium Subscription 1 Week$0.997 Days
  • Premium Subscription 1 Month$1.991 Month
  • Premium Subscription 3 Months3 Days trial$9.993 Months
Show 1 more
  • Premium Subscription 1 Year3 Days trial$17.991 Year
One-time1
  • Premium Access Forever$19.99
2 purchases

Formiq

Subscriptions2
  • Formiq Unlimited Monthly$19.991 Month
  • Formiq Unlimited Monthly$179.991 Year

Questions

Is Chart Master free?
Chart Master is free to download, with in-app purchases available.
Is Formiq free?
Formiq is free to download, with in-app purchases available.
Which has better reviews, Chart Master or Formiq?
Formiq is rated higher. Chart Master averages 4.8 out of 5 from 16 ratings, while Formiq averages 5.0 from 2 ratings.
Do Chart Master or Formiq have ads?
Chart Master shows ads; Formiq does not.
Which is updated more often, Chart Master or Formiq?
Chart Master ships an update every 6 weeks, and Formiq every 5 days. Most recently, Chart Master was updated on October 3, 2026 and Formiq on October 9, 2026.

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