Comparison

SignalLink vs RiskDesk

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

Head to head
About

SignalLink

Features
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SignalLink turns your Telegram and Discord trading channels into an automated execution engine. Parse signals, apply risk rules, and execute trades across crypto, forex, and stocks โ€” all from one app. KEY FEATURES Multi-TP Signal Execution Set up to 4 take-profit targets (TP1-TP4) per trade. SignalLink automatically manages partial exits at each level, locking in profits while letting winners run. Multi-Broker Support Connect to Binance (crypto), OANDA (forex & CFDs), MetaTrader 4, and MetaTrader 5. Manage multiple broker accounts simultaneously from a single dashboard. Signal Parsing (Telegram & Discord) Automatically read and parse signals from your preferred channels. SignalLink's intelligent parser extracts entry, stop loss, take profit, and asset details from dozens of signal formats. 210+ Tracked Assets with Real-Time Data Monitor real-time prices for 210+ assets across 6 categories: crypto (BTC, ETH, SOL + 45 more), forex (EUR/USD, GBP/JPY + 26 more), stocks (AAPL, GOOGL + 73 more), indices, commodities, and ETFs โ€” powered by Finnhub. Trade any asset your connected broker supports. Demo & Paper Trading Test your setup risk-free before going live. Practice with Binance Testnet, OANDA Practice, and MetaTrader demo accounts. Performance Analytics Track win rate, P&L, and provider accuracy. See which signal sources actually perform. Filter by day, week, or month. Risk Management Set max risk per trade, daily drawdown limits, trailing stop loss, and dynamic position sizing. Filter by asset type, blacklist pairs, set silent hours. Premium Subscription Unlock automation, advanced analytics, multi-provider management, and advanced risk controls. - Monthly: .99/month - Annual: .99/month (billed .88/year โ€” save 33%) WHO IS SIGNALLINK FOR? - Traders following signal providers on Telegram or Discord - Beginners who want to test a strategy before committing real capital - Active traders managing signals across multiple asset classes - Signal group members who want to objectively track provider performance Privacy Policy: https://sketchmyapp.com/signallink/privacy Terms of Service: https://sketchmyapp.com/signallink/terms

About

RiskDesk

Features
Read full description

RiskDesk is the all-in-one risk management platform built for serious traders who demand precision, privacy, and performance. Position sizing, live regime detection, cloud stop management, and full performance analytics โ€” in one iPhone and iPad app that keeps your trading data on your device. SMART POSITION SIZING Calculate your exact size using ADR (Average Daily Range) stop levels โ€” the most accurate way to size trades around real market volatility rather than arbitrary percentages. Preset R:R ratios (1.5:1 through 4:1) and custom targets built in. LIVE MARKET REGIME Every instrument classified in real time as Long bias, Short bias, or Consolidating using a 9/18 EMA slope-confirmed model. Trade with the trend or step aside โ€” no more guessing what state the market is in. SMART SHIELD โ€” CLOUD STOP MANAGEMENT Set a trigger and shield level and RiskDesk moves your stop the moment price runs in your favour. Runs 24/7 in the cloud โ€” even when the app is closed. Optional push notifications the moment the shield activates. DEALER GAMMA (GEX) Track dealer positioning across major indices with Gamma Exposure, Call/Put walls, expected-move bands, and positive/negative gamma regime. Know when the market will pin and when it will run. RISK LAB Stress-test your account against real-world scenarios โ€” 2ร— volatility, black-swan gaps, correlation shocks, rising-rate regimes. See exactly how your portfolio behaves before the market shows you. TRADE JOURNAL Log every trade with entries, exits, notes and tags. Record setup type, tag by regime and rule. Review your decisions with clarity and build the discipline that separates consistent traders from the rest. PERFORMANCE ANALYSER Track win rate, profit factor, average R, max drawdown, Sharpe, longest streaks and more. Split results by setup, instrument, direction or session. Understand exactly where your edge is โ€” and where it isn't. LIVE BROKER CONNECTION Optional broker bridge lets you execute correctly-sized orders directly from RiskDesk with your stop, target and R:R baked in. One tap, right size every time. ECONOMIC CALENDAR See the week's high-impact releases at a glance so nothing catches you off guard. TRADING RULES Set your own hard rules and hold yourself accountable โ€” max daily loss, max positions, correlated exposure, regime filters. RiskDesk tracks your discipline alongside your P&L. CERTIFICATION Prove your track record with an auditable performance certificate โ€” ideal for prop-firm applications or verifying results. ACCOUNTS MANAGER Manage multiple trading accounts and track performance across all of them in one place. BACKUP & RESTORE Your data is always yours. Export, back up and restore your trading history at any time. BUILT FOR PRIVACY Your trade journal, accounts and settings stay on your device. Only Smart Shield uses the cloud โ€” and only to move your stops when you tell it to. RiskDesk is a reference and analytical tool only. It does not provide financial advice or execute trades. https://riskdeskapp.com/terms.html

Screenshots

SignalLink4 screens
RiskDesk4 screens

Verdict

The call

The clearest difference is in-app purchases: SignalLink at none against RiskDesk's 2. SignalLink also leads on iOS requirement (15.1 vs 17.0). RiskDesk's advantage is update cadence (every 5 days vs every 3 weeks). On price, ads and device support there is nothing between them.

Scored on Price ยท Rating ยท Positive reviews ยท Number of ratings ยท Update frequency ยท Ads ยท In-app purchases ยท Monetization ยท Best chart rank ยท Devices ยท Requires iOS

CostPrice ยท In-app purchases ยท Ads ยท Monetization

Both are free to download. RiskDesk sells 2 in-app purchases, starting at $5.99 per month. SignalLink asks for nothing beyond the download.

UpkeepUpdate frequency

SignalLink ships an update every 3 weeks, RiskDesk every 5 days. Both last shipped on October 25, 2026.

Scorecard3 real differences ยท 3 level
SignalLink versus RiskDesk: the parameters behind the verdict, then further details
ParameterSignalLinkRiskDesk
PriceFreeFree
Update frequencyEvery 3 weeksEvery 5 days โ€” better
AdsNoNo
In-app purchasesNo โ€” betterYes
DevicesiPhone, iPad, iPod โ€” betteriPhone, iPad
Requires iOS15.1 โ€” better17.0
Further details โ€” not scored
Size22 MB8 MB
Age rating4+4+
DeveloperJames PeltonMichael Adante

In-app purchases

None

SignalLink

No in-app purchases

2 purchases

RiskDesk

Subscriptions2
  • RiskDesk Pro$5.991 Month
  • RiskDesk Pro$59.991 Year

Questions

Is SignalLink free?
SignalLink is free to download, with no in-app purchases.
Is RiskDesk free?
RiskDesk is free to download, with in-app purchases available.
Do SignalLink or RiskDesk have ads?
Neither SignalLink nor RiskDesk shows ads.
Which is updated more often, SignalLink or RiskDesk?
SignalLink ships an update every 3 weeks, and RiskDesk every 5 days. Most recently, SignalLink was updated on October 25, 2026 and RiskDesk on October 25, 2026.

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