# Insiderwave vs IWB Terminal

The clearest difference is rating: IWB Terminal at 5.0 against Insiderwave's 4.5. IWB Terminal also leads on update cadence (every 4 days vs every 8 days). Insiderwave's advantage is ratings volume (179 vs 4) and chart position (#197 vs unranked). On price, ads, in-app purchases and monetization model there is nothing between them.

Both are free to download. Insiderwave sells 9 in-app purchases, starting at $9.99 per 7 days and IWB Terminal sells 1 in-app purchase, starting at $8.99 per month. Whichever you choose, the download price is not the number that matters.

IWB Terminal holds the better App Store score, 5.0 against 4.5. That said, the two scores are not equally well evidenced: Insiderwave has 179 ratings behind it against 4, so its average is the more settled of the two.

Insiderwave ships an update every 8 days, IWB Terminal every 4 days. The most recent releases landed on October 30, 2026 and October 31, 2026 respectively.

## The numbers

| Metric | Insiderwave | IWB Terminal |
| --- | --- | --- |
| Price | Free | Free |
| Rating | [4.5 (179 ratings)](https://appshunter.io/ios/app/insiderwave/id6738753987/reviews) | **[5.0 (4 ratings)](https://appshunter.io/ios/app/iwb-terminal/id6807198902/reviews)** |
| Number of ratings | **179** | 4 |
| Positive reviews | 50.0% of reviews | — |
| In-app purchases | Yes | Yes |
| Ads | No | No |
| Update frequency | Every 8 days | **Every 4 days** |
| Monetization | Free with in-app purchases | Free with in-app purchases |
| Best chart rank | **#197** | — |
| Size | 94 MB | 2 MB |
| Requires iOS | 17.0 | **16.0** |
| Devices | iPhone, iPad | iPhone, iPad |
| Age rating | 4+ | 4+ |
| Developer | [Insiderwave Inc.](https://appshunter.io/developer/1782215279) | [Brandon Arnett](https://appshunter.io/developer/6807198904) |

## What reviewers say

### Insiderwave

[App page](https://appshunter.io/ios/app/insiderwave/id6738753987)

**Currently charting:** #197 Top Grossing · Finance (US App Store)

Access real-time stock trades from successful Wall Street investors. See their purchases, track performance, and replicate their strategies with integrated brokerage. Gain an edge with verified data.

**Highlights:** Real-time investor trade alerts, Track portfolio performance, Copy trades with brokerage integration, Follow high-conviction moves, See trade performance over time

**Features:** macOS Compatibility

**In-app purchases (9)**

| Purchase | Price | Billing |
| --- | --- | --- |
| Weekly | $9.99 | per 7 days |
| Insiderwave weekly C | $17.99 | per 7 days |
| 3 months | $29.99 | per 3 months |
| Public promo | $79.99 | per year |
| 1 Year | $79.99 | per year |
| 1 Year | $79.99 | per year |
| Public promo | $99.99 | per year |
| rc_sub_c_annual | $149.99 | per year |
| Public promo | $149.99 | per year |

**What reviewers like**

- 🚀 Solid app performance
- 👍 Easy to connect accounts
- 💡 Automated portfolio trading
- 🚀 Responsive and fast

**What reviewers complain about**

- 🐛 Account creation issues
- 🐛 Inability to create accounts

**Reported bugs**

- Account creation not working
- Compatibility issues with some devices

**Requested features**

- Integrate more brokerages
- Provide up-to-date financial information


### IWB Terminal

[App page](https://appshunter.io/ios/app/iwb-terminal/id6807198902)

Visualize your investment portfolio with clear explanations of positions, coverage, and risk. Includes an educational simulator to explore scenarios without affecting real accounts. Requires an IWB Terminal account.

**Highlights:** Portfolio positions in plain English, Coverage and risk explained, Allocation at a glance, Scenario simulation tool, Educational content on finance, Clear risk assessment

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

**In-app purchases (1)**

| Purchase | Price | Billing |
| --- | --- | --- |
| IWB Terminal Membership | $8.99 | per month |


## Frequently asked questions

### Is Insiderwave free?

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

### Is IWB Terminal free?

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

### Which has better reviews, Insiderwave or IWB Terminal?

IWB Terminal is rated higher. Insiderwave averages 4.5 out of 5 from 179 ratings, while IWB Terminal averages 5.0 from 4 ratings.

### Do Insiderwave or IWB Terminal have ads?

Neither Insiderwave nor IWB Terminal shows ads.

### Which is updated more often, Insiderwave or IWB Terminal?

Insiderwave ships an update every 8 days, and IWB Terminal every 4 days. Most recently, Insiderwave was updated on October 30, 2026 and IWB Terminal on October 31, 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.*