# ModernAlgos vs Algoquant

The clearest difference is in-app purchases: Algoquant at none against ModernAlgos's 9. ModernAlgos's advantage is iOS requirement (13.0 vs 15.6). On price, review sentiment, update cadence and ads there is nothing between them.

Both are free to download. ModernAlgos sells 9 in-app purchases, starting at $4.99 per month. Algoquant asks for nothing beyond the download.

ModernAlgos ships an update monthly, Algoquant every 2 months. The most recent releases landed on October 30, 2026 and October 10, 2026 respectively.

## The numbers

| Metric | ModernAlgos | Algoquant |
| --- | --- | --- |
| Price | Free | Free |
| Rating | **[5.0 (1 ratings)](https://appshunter.io/ios/app/modernalgos-easy-algo-trading/id6453114563/reviews)** | — |
| Number of ratings | **1** | — |
| Positive reviews | 100.0% of reviews | 100.0% of reviews |
| In-app purchases | Yes | **No** |
| Ads | No | No |
| Update frequency | **Monthly** | Every 2 months |
| Monetization | Free with in-app purchases | **Free** |
| Size | 57 MB | 84 MB |
| Requires iOS | **13.0** | 15.6 |
| Devices | **iPhone, iPad, iPod** | iPhone, iPod |
| Age rating | 17+ | 4+ |
| Developer | [ModernAlgos](https://appshunter.io/developer/1635800160) | [Growth Securities Private Limited](https://appshunter.io/developer/1603052791) |

## What reviewers say

### ModernAlgos

[App page](https://appshunter.io/ios/app/modernalgos-easy-algo-trading/id6453114563)

Automate your trading with this user-friendly app. It offers chart-based trading, ready-made strategies, and paper trading to help you practice risk-free. Integrated with over 40 Indian brokers, it provides tools for both short-term and long-term investments.

**Highlights:** Simplified algorithmic trading, Chart-based trading and automation, Integrated with 40+ top brokers, Risk-free paper trading, Ready-made trading strategies, Automated scalping, Option chain view with Greeks

**Features:** macOS Compatibility, Vision Pro support

**In-app purchases (9)**

| Purchase | Price | Billing |
| --- | --- | --- |
| Monthly Subscription | $4.99 | per month |
| Modern Algos Advance - Monthly | $9.99 | per month |
| Quarterly Plan | $24.99 | per 3 months |
| Yearly Plan | $99.99 | per year |
| BasicMonthly | $4.99 | one-time |
| Advance Monthly | $11.99 | one-time |
| Advance | $22.99 | one-time |
| Advanced Quarterly Plan | $29.99 | one-time |
| Advance Yearly | $119.99 | one-time |


### Algoquant

[App page](https://appshunter.io/ios/app/algoquant/id6479185161)

This app provides a secure and swift platform for online trading of stocks, mutual funds, and IPOs. It offers real-time market and news updates, advanced charting tools, and personalized investment recommendations to help users grow their portfolios.

**Highlights:** Real-time market and news updates, Advanced charting tools, User-friendly interface, Portfolio management tools, Personalized investment recommendations, Diverse investment products, Robust security features

**Features:** macOS Compatibility, Vision Pro support

**In-app purchases:** none


## Frequently asked questions

### Is ModernAlgos free?

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

### Is Algoquant free?

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

### Do ModernAlgos or Algoquant have ads?

Neither ModernAlgos nor Algoquant shows ads.

### Which is updated more often, ModernAlgos or Algoquant?

ModernAlgos ships an update monthly, and Algoquant every 2 months. Most recently, ModernAlgos was updated on October 30, 2026 and Algoquant on October 10, 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.*