Formiq vs Trader Backtesting
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
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.
- Replay historical forex charts
- Practice trade entries
- Record and track trades
- Analyze win rate and P&L
- Test indicators
- Simulate position sizing
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Ever wonder if your trading strategy actually works — before risking real money? Formiq lets you test your forex strategy on historical charts, so you can build confidence before you ever place a live trade. What you can do with Formiq - Replay historical forex charts and practice entries - Record and track your trades automatically - See your win rate, risk/reward, and P&L at a glance - Test indicators and find what actually works for you - Simulate position sizing and money management - Sharpen your discretionary trading skills 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 unlock everything with no restrictions. 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
Trader Backtesting
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Backtesting app for forex, crypto and indices trading strategies Practice trading with historical data and improve your strategy Terms of Use: https://www.apple.com/legal/internet-services/itunes/dev/stdeula/
Screenshots
Verdict
The clearest difference is ads: Formiq at none against Trader Backtesting's shown. Trader Backtesting's advantage is update cadence (every 2 days vs every 5 days). On price, in-app purchases, device support and iOS requirement 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. Formiq sells 2 in-app purchases, starting at $19.99 per month and Trader Backtesting sells 2 in-app purchases, starting at $4.99 per month. Whichever you choose, the download price is not the number that matters.
Formiq ships an update every 5 days, Trader Backtesting every 2 days. Both last shipped on September 23, 2026.
| Parameter | Formiq | Trader Backtesting |
|---|---|---|
| Price | Free | Free |
| Rating | 5.0 (1 ratings) — better | — |
| Number of ratings | 1 — better | — |
| Update frequency | Every 5 days | Every 2 days — better |
| Ads | No — better | Yes |
| In-app purchases | Yes | Yes |
| Monetization | Freemium | — |
| Devices | iPhone | iPhone, iPad — better |
| Requires iOS | 17.0 | 16.1 — better |
| Further details — not scored | ||
| Size | 56 MB | 100 MB |
| Age rating | 4+ | 12+ |
| Developer | 株式会社オポチュニティ | TraderBacktesting OU |
In-app purchases
Formiq
- Formiq Unlimited Monthly$19.991 Month
- Formiq Unlimited Monthly$179.991 Year
Trader Backtesting
- Trader Backtesting Premium Monthly$4.991 Month
- Trader Backtesting Premium Yearly$39.991 Year





