Tradelytic vs TraderWaves
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
Tradelytic
This app helps traders improve their performance by automatically logging trades, analyzing performance metrics, and tracking trading psychology. It offers AI-powered news summaries and sentiment analysis for currency pairs, aiding in better decision-making.
- Automated trade logging
- AI-powered news sentiment analysis
- Psychology and emotion tracking
- Detailed performance analytics
- MT4/MT5 account syncing
- Customizable trade tags and notes
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Tradelytic - The Smartest Free Trading Journal with AI-Powered Analysis Tradelytic is an advanced trading journal designed for modern traders who want to improve performance, track progress, and make better decisions. With seamless automation, deep analytics, psychology tracking, and exclusive AI-powered insights, Tradelytic helps you understand why your trades succeed or fail. Smart Trade Journaling Log, tag, and organize your trades with ease. Whether you trade manually or connect your MT4/MT5 account, Tradelytic makes it simple to track your entries, exits, strategies, mistakes, emotions, and trade context – all in one place. Use advanced filters to review specific trade types or uncover patterns in your performance. Deep аnalytics That Matter From win rate and average risk-reward ratio to detailed drawdown tracking and time-based performance trends, Tradelytic gives you the metrics that count. View high-level summaries or drill down into your data by instrument, day of week, hour of day, or strategy. Compare your best and worst trades, identify what works – and what doesn’t. Track Your Trading Psychology and create Trading Plan to get maximum from your trades. Beyond numbers, Tradelytic helps you reflect on your mindset. Tag trades with emotions, rate your confidence, and track psychological factors over time. Recognize patterns like fear, revenge trading, overconfidence, and hesitation – so you can eliminate them from your routine. Multi-News AI Analysis Instead of reacting to isolated headlines, Tradelytic’s AI scans multiple recent news items related to the same currency pair. It generates a short, professional 3-5 sentence summary, written from a market perspective – showing if sentiment is bullish, bearish, or neutral. Each summary includes a StrengthScore from 1 to 10, helping you understand how strong the sentiment is – from very weak to extremely bullish. See news sentiment across two timeframes: - Last 24 hours – for short-term reactions - Last 7 days – for sustained or fading trends You get both the story and the score – helping you act fast without losing context. Other Features - Clean dashboard with trade history, filters, and performance charts - Automated syncing with MetaTrader 4 & 5 - Add screenshots, trade tags, and strategy notes - Categorize by asset, strategy, confidence, or emotion - Export and back up your data anytime Tradelytic is free – forever. No paywall. No trial period. Just powerful tools to help you trade smarter. Perfect for: - Day traders, swing traders, forex & crypto traders - Anyone who wants to build discipline and consistency - Traders who want to reflect, improve, and grow Download Tradelytic today and make your trading smarter – with structure, insight, and AI.
TraderWaves
Track your trading performance with a comprehensive journal and analytics platform. Review trade history, analyze key metrics, and manage your workflow. Offers interactive charts and custom notes to enhance your trading strategy.
- Trade journal for decision review
- Performance analytics and metrics
- Detailed trade history
- Daily journal and strategy notes
- Interactive charts
- Push notifications
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TraderWaves is a trading journal and analytics platform built for traders who want a clearer view of their performance. Connect supported trading accounts, track your trade history, review key performance metrics, write journal notes, analyze charts, and manage your trading workflow from one place. Key features: - Trade journal for reviewing decisions and outcomes - Performance analytics and account metrics - Trade history with detailed execution review - Daily journal, strategy notes, and templates - Interactive charts and market review tools - Backtesting session review - Push notifications for important account activity TraderWaves is designed for analysis, journaling, and performance review. It does not provide financial advice, trading signals, or investment management. Trading involves risk, and you are responsible for your own trading decisions. Terms of Use (EULA): https://traderwaves.com/terms-of-service Privacy Policy: https://traderwaves.com/privacy-policy
Screenshots
Verdict
The clearest difference is in-app purchases: Tradelytic at none against TraderWaves's 2. Tradelytic also leads on update cadence (every 11 days vs monthly). On price, review sentiment, ads and device support 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
Both are free to download. TraderWaves sells 2 in-app purchases, starting at $29.99 per month. Tradelytic asks for nothing beyond the download.
Tradelytic ships an update every 11 days, TraderWaves monthly. The most recent releases landed on October 1, 2026 and October 7, 2026 respectively.
| Parameter | Tradelytic | TraderWaves |
|---|---|---|
| Price | Free | Free |
| Rating | — | 5.0 (3 ratings) — better |
| Positive reviews | 100.0% of reviews | 100.0% of reviews |
| Number of ratings | — | 3 — better |
| Update frequency | Every 11 days — better | Monthly |
| Ads | No | No |
| In-app purchases | No — better | Yes |
| Monetization | Free — better | Free with in-app purchases |
| Devices | iPhone, iPad, iPod | iPhone, iPad, iPod |
| Requires iOS | 14.0 — better | 15.0 |
| Further details — not scored | ||
| Size | 37 MB | 53 MB |
| Age rating | 17+ | 17+ |
| Developer | TRADELYTICS - FZCO | Wallace FX Ltd |
Customer experience
Tradelytic
TraderWaves
In-app purchases
Tradelytic
No in-app purchases
TraderWaves
- TraderWaves Pro Monthly$29.991 Month
- TraderWaves Pro Yearly$239.991 Year








