RangeSight Studios vs DrawdownIQ
Price, ratings, monetisation and update history for both apps, side by side โ with what reviewers say about each.
RangeSight Studios
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Know if your FTMO setup can pass before you pay another $540 for a challenge. RangeSight runs 10,000 simulated FTMO challenges against your exact strategy and FTMO's real drawdown, daily loss, and profit target rules. It gives you one number you can act on: your pass probability. How it works: 1. Enter your strategy's numbers (win rate, average win and loss, trades per day). 2. Choose the FTMO challenge size and rule set. 3. RangeSight runs 10,000 Monte Carlo simulations and shows your pass probability, your likely maximum drawdown, and where most attempts fail. Why it matters: A prop-firm challenge fee is real money. Before you risk it, see the odds your strategy actually clears the rules, not a guess, a simulated distribution across thousands of runs. One purchase. No subscription. FOUNDER LIFETIME: $29.99 one-time. First 1,000 buyers only. After that, retail is $99.99 lifetime still less than one failed FTMO 100K retry. โ WHAT YOU GET โ - Pass Probability "31% of simulated candidates pass with your current risk." One number. Act on it. - Real failure modes drawdown breach, daily-loss cap hit, or ran out of days. Ranked, so you know which rule is the actual problem. - Suggested risk reduction when your odds are marginal, RangeSight tells you the exact risk-per-trade that puts you in the passing band. - 10,000 Monte Carlo paths per simulation fat-tail aware, vol-adjusted, absorbing-barrier modeled. - Strategy Library save your setups, compare them, re-run after you tweak. - Scalper, day trader, and swing trader presets. - Saturday Weekend Digest weekly review of which strategies stayed in the passing band. โ BUILT FOR FTMO. WORKS FOR 23 OTHER FIRMS. โ RangeSight is purpose-built for FTMO traders, with FTMO's actual rule structure modeled correctly (10% max drawdown, 5% daily loss, 10% profit target, two-phase evaluation). The same engine supports 23 other prop firms: Apex Trader Funding, Topstep, MyFundedFX, FundedNext, E8 Markets, The5%ers, Goat Funded Trader, and more each with their own drawdown structure (static, trailing, or trailing end-of-day). โ WHY THIS EXISTS โ FTMO challenges cost $155 (10K) to $1,080 (200K). The 100K eval is $540. Most failed attempts are not bad luck they're the same trader, the same setup, breaking the same rule on the same trade type. RangeSight lets you watch 10,000 versions of your strategy run through your FTMO evaluation BEFORE you pay for another retry. The simulation is honest. If your strategy genuinely passes, RangeSight shows 80%+ pass rates and tells you. If it doesn't, RangeSight shows you the rule you're going to fail. No artificial fear-tuning. No upsell-driven results. Note: simulation models Phase 1 only. Phase 2 has a 5% target instead of 10% your real pass odds are typically 10โ20% lower than the simulation shows. Use the result as a floor, not a guarantee. โ PRICING โ Founder Lifetime: $29.99 one-time first 1,000 buyers only, 60 days, no renewal, no auto-charge, ever. Retail Lifetime: $99.99 one-time after the founder window closes. No monthly subscriptions. No yearly subscriptions. Buy it once. Not affiliated with FTMO, Apex Trader Funding, Topstep, or any prop firm. Educational simulation only. Verify current rules with your firm before trading. RangeSight does not broker funding. Pass probability is a simulation output, not a guarantee.
DrawdownIQ
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DrawdownIQ is the position sizing calculator built for prop-firm and funded account traders. Size every trade with confidence. Enter your account balance, risk percentage, entry and stop-loss price, and get your exact lot size instantly. No guesswork. No blown accounts. PROP FIRM MODE (FREE) Factor in your daily and maximum drawdown limits before you size a position. See exactly how much room you have left before you hit your firm's rules, and get warned before a trade would breach them. PROP FIRM PRESETS One tap to configure FTMO, FundedNext, The5ers, E8, Funding Pips or Alpha Capital. Daily drawdown, max drawdown and profit targets apply automatically, along with funded-stage risk caps where a firm has them. Each preset shows when its rules were last checked. Always confirm with your firm. DAILY ROOM Your remaining daily drawdown, in dollars and percent, plus exactly how many safe trades you have left at your current risk. FREE - Position Sizer: lot size from risk %, account size, entry and stop-loss - Prop Firm Mode and presets for 6 major firms - Daily Room: remaining room, safe trades left, and up to 2 log entries a day - Pip Value and Margin calculators - Your last 10 saved calculations - Shareable trade cards DRAWDOWNIQ PRO - Multiple accounts: track every challenge and funded account separately - The full Daily Room trade log - Your complete calculation history Available monthly, yearly or as a one-time lifetime unlock. PRIVATE BY DEFAULT DrawdownIQ is a calculator only. It doesn't connect to any broker, stream prices or execute trades. All data stays on your device. --- Calculator only, not financial advice. Calculations are estimates for planning purposes. Always verify against your broker and prop-firm rules before trading. Trading carries a high risk of loss. --- Terms of Use (EULA): https://novellogicventures.com/terms/drawdowniq Privacy Policy: https://novellogicventures.com/privacy/drawdowniq
Screenshots
Verdict
The clearest difference is iOS requirement: RangeSight Studios at 13.0 against DrawdownIQ's 15.0. On price, update cadence, ads and in-app purchases 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
Both are free to download. RangeSight Studios sells 4 in-app purchases, starting at $19.99 per month and DrawdownIQ sells 3 in-app purchases, starting at $2.99 per month. Whichever you choose, the download price is not the number that matters.
RangeSight Studios ships an update fortnightly, DrawdownIQ monthly. The most recent releases landed on October 10, 2026 and October 16, 2026 respectively.
| Parameter | RangeSight Studios | DrawdownIQ |
|---|---|---|
| Price | Free | Free |
| Update frequency | Fortnightly โ better | Monthly |
| Ads | No | No |
| In-app purchases | Yes | Yes |
| Devices | iPhone, iPad, iPod | iPhone, iPad, iPod |
| Requires iOS | 13.0 โ better | 15.0 |
| Further details โ not scored | ||
| Size | 33 MB | 10 MB |
| Age rating | 4+ | 4+ |
| Developer | Ross Shaw | NOVELLOGIC VENTURES INC. |
In-app purchases
RangeSight Studios
- Standard Monthly$19.991 Month
- Pro Access7 Days trial$29.991 Month
- Pro Access Yearly7 Days trial$299.991 Year
- Pro Access Lifetime$29.99
DrawdownIQ
- DrawdownIQ Pro Monthly$2.991 Month
- DrawdownIQ Pro Yearly$19.991 Year
- DrawdownIQ Pro โ Lifetime$39.99
Questions
Is RangeSight Studios free?
Is DrawdownIQ free?
Do RangeSight Studios or DrawdownIQ have ads?
Which is updated more often, RangeSight Studios or DrawdownIQ?
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