# Formiq vs Trader Backtesting

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.

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.

## The numbers

| Metric | Formiq | Trader Backtesting |
| --- | --- | --- |
| Price | Free | Free |
| Rating | **[5.0 (1 ratings)](https://appshunter.io/ios/app/formiq-fx-backtest-tester/id6759964075/reviews)** | — |
| Number of ratings | **1** | — |
| In-app purchases | Yes | Yes |
| Ads | **No** | Yes |
| Update frequency | Every 5 days | **Every 2 days** |
| Monetization | Freemium | — |
| Size | 56 MB | 100 MB |
| Requires iOS | 17.0 | **16.1** |
| Devices | iPhone | **iPhone, iPad** |
| Age rating | 4+ | 12+ |
| Developer | [株式会社オポチュニティ](https://appshunter.io/developer/1740927723) | [TraderBacktesting OU](https://appshunter.io/developer/1896050767) |

## What reviewers say

### Formiq

[App page](https://appshunter.io/ios/app/formiq-fx-backtest-tester/id6759964075)

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:** macOS Compatibility, Vision Pro support

**In-app purchases (2)**

| Purchase | Price | Billing |
| --- | --- | --- |
| Formiq Unlimited Monthly | $19.99 | per month |
| Formiq Unlimited Monthly | $179.99 | per year |


### Trader Backtesting

[App page](https://appshunter.io/ios/app/trader-backtesting/id6765725763)

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

**In-app purchases (2)**

| Purchase | Price | Billing |
| --- | --- | --- |
| Trader Backtesting Premium Monthly | $4.99 | per month |
| Trader Backtesting Premium Yearly | $39.99 | per year |


## Frequently asked questions

### Is Formiq free?

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

### Is Trader Backtesting free?

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

### Do Formiq or Trader Backtesting have ads?

Trader Backtesting shows ads; Formiq does not.

### Which is updated more often, Formiq or Trader Backtesting?

Formiq ships an update every 5 days, and Trader Backtesting every 2 days. Most recently, Formiq was updated on September 23, 2026 and Trader Backtesting on September 23, 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.*