Comparison

Formiq vs ABCTRADE

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

Head to head
About

Formiq

Test your forex trading strategies on historical charts before risking real money. Practice entries, track trades, and analyze performance metrics to build confidence and refine your approach.

Highlights
  • Replay historical forex charts
  • Practice trade entries
  • Record and track trades
  • Analyze win rate and P&L
  • Test indicators
  • Simulate position sizing
Features
Read full description

Ever wonder if your trading strategy actually works — before risking real money? Formiq lets you test your strategy on real historical forex, gold and crypto charts, so you can build confidence before you ever place a live trade. REPLAY - Replay historical charts bar by bar and practice entries - Place stops and targets right on the chart - Simulate position sizing and money management - Look back on every trade in a monthly P&L calendar STRATEGY TESTER - Set up a backtest in seconds: choose your entry and exit rules and see how they would have done - See your win rate, risk/reward, and P&L at a glance - Start from 8 ready-made strategies, or build your own CHARTS - Forex pairs, gold, silver, oil, stock indices, Bitcoin and Ethereum - 30+ indicators and drawing tools Who is Formiq for? - Traders who want to validate a strategy before going live - Anyone tired of losing money testing ideas on a real account - Traders looking to build consistent habits through repetition - Beginners who want to learn price action without the pressure Formiq Unlimited The core features are free to try. Upgrade to Formiq Unlimited to remove the limits, test further back, and split the screen into multiple charts. Stop guessing. Start testing. The more you practice, the more patterns you recognize — and the more confident you trade! Terms of Service https://formiq.jp/terms

About

ABCTRADE

This app is an educational platform for Gold (XAUUSD) traders, focusing on preparation, discipline, and emotional control. It offers market analysis, trading education, psychology tools, performance tracking, and wellness content to help traders approach sessions with clarity and confidence.

Highlights
  • Daily Trade Plan and Market Preparation
  • Live XAUUSD Analysis and Market Structure
  • Trader Progress and Performance Tracking
  • Trading Psychology and Mindset Development
  • Wellness, Meditation, and Trader Podcasts
  • Interactive Learning and Challenges
Features
Read full description

Most trading apps focus on the next trade. ABC Trade focuses on the trader behind every decision. Trading success is not built from a single winning trade. It is built through preparation, discipline, emotional control, and consistent execution over time. That is why we bring together market preparation, trading education, psychology, wellness, and performance tracking in one complete platform designed specifically for Gold (XAUUSD) traders. Whether you are taking your first steps into the market or refining an established trading process, we help you approach every session with greater clarity, confidence, and structure. WHAT YOU WILL FIND INSIDE Daily Trade Plan and Market Preparation Structured market outlooks, key macro events, major market drivers, and a clear framework for planning your trading session. Live XAUUSD Analysis and Market Structure Market analysis and educational trading concepts are explained in simple terms through our in-app educational trading tabs. Learn a structured trading framework built by experienced funded traders. Trader Progress and Performance Tracking Build consistency through daily goals, achievements, habit tracking, and trader progression designed to support long-term growth. Trading Psychology and Mindset Develop the mental skills that matter most, including discipline, patience, confidence, emotional control, and decision-making under pressure. Wellness and Trader Podcasts Support your trading performance with trader podcasts, mood check-ins, and reflection tools designed to help you remain focused and resilient. Interactive Learning and Challenges Learn through engaging educational content, trading exercises, and gamified experiences that make skill development more rewarding. PRIVATE AND SECURE Your privacy matters. Your journal, mood logs, and progress are stored on your device. Your data is never sold to third parties. Please review our Privacy Policy for complete information about how submitted content may be processed. IMPORTANT INFORMATION The app is an educational platform designed to help traders improve their understanding of financial markets, trading concepts, and trading psychology. It does not provide financial advice, investment recommendations, brokerage services, managed accounts, trading signals, or real-money trading functionality. No money is deposited, invested, traded, or managed within the application. SUBSCRIPTION Full access requires an auto-renewing subscription: Weekly, Monthly, or Annual. The Annual plan includes a 3-day free trial for new subscribers. Payment is charged to your Apple Account at confirmation of purchase, or when the free trial ends. Subscriptions renew automatically unless cancelled at least 24 hours before the end of the current period. Manage or cancel anytime in your Apple Account settings. Terms of Service: https://cyrenx.com/abctrade-terms-of-service Privacy Policy: https://cyrenx.com/abctrade-privacy-policy Trade with structure. Grow with discipline. Perform with confidence. Commitment. Conviction. Consistency. Cash Flow. Built by traders. For traders.

Screenshots

Formiq4 screens
ABCTRADE4 screens

Verdict

The call

The clearest difference is device support: ABCTRADE at 3 against Formiq's 1. ABCTRADE also leads on iOS requirement (15.0 vs 17.0). On price, rating, ratings volume and update cadence 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

CostPrice · In-app purchases · Ads · Monetization

Both are free to download. Formiq sells 3 in-app purchases, starting at $19.99 per month and ABCTRADE sells 3 in-app purchases, starting at $9.99 per 7 days. Whichever you choose, the download price is not the number that matters.

ReceptionRating · Positive reviews · Number of ratings

On the App Store both sit at effectively the same score — 5.0 for Formiq against 5.0 for ABCTRADE. Both are backed by a comparable volume of ratings — 2 and 1 respectively.

UpkeepUpdate frequency

Both ship on a similar rhythm, roughly weekly. Both last shipped on October 28, 2026.

Scorecard2 real differences · 8 level
Formiq versus ABCTRADE: the parameters behind the verdict, then further details
ParameterFormiqABCTRADE
PriceFreeFree
Rating5.0 (2 ratings)5.0 (1 ratings)
Positive reviews—100.0% of reviews
Number of ratings2 — better1
Update frequencyWeeklyWeekly
AdsNoNo
In-app purchasesYesYes
MonetizationFreemiumFree with in-app purchases
DevicesiPhoneiPhone, iPad, iPod — better
Requires iOS17.015.0 — better
Further details — not scored
Size57 MB89 MB
Age rating4+17+
Developer株式会社オポチュニティCyrenXTech

Customer experience

Formiq

All ratings2 ratings
Positive100.0%
Neutral0.0%
Negative0.0%

ABCTRADE

All ratings1 ratings
Positive100.0%
Neutral0.0%
Negative0.0%
Written reviews1 reviews
Positive100.0%
Neutral0.0%
Negative0.0%

In-app purchases

3 purchases

Formiq

Subscriptions2
  • Formiq Unlimited Monthly$19.991 Month
  • Formiq Unlimited Monthly$179.991 Year
One-time1
  • Formiq Unlimited Lifetime$49.99
3 purchases

ABCTRADE

Subscriptions3
  • ABCTRADE Premium Weekly$9.997 Days
  • ABCTRADE Premium Monthly$24.991 Month
  • ABCTRADE Premium Annual7 Days trial$149.001 Year

Questions

Is Formiq free?
Formiq is free to download, with in-app purchases available.
Is ABCTRADE free?
ABCTRADE is free to download, with in-app purchases available.
Which has better reviews, Formiq or ABCTRADE?
Formiq and ABCTRADE are both rated 5.0 out of 5 on the App Store, from 2 and 1 ratings respectively.
Do Formiq or ABCTRADE have ads?
Neither Formiq nor ABCTRADE shows ads.
Which is updated more often, Formiq or ABCTRADE?
Formiq ships an update weekly, and ABCTRADE weekly. Most recently, Formiq was updated on October 28, 2026 and ABCTRADE on October 28, 2026.

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