Formiq vs FX Strategy Simulator
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 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
FX Strategy Simulator
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FX Strategy Simulator is an educational trading simulator designed to help users learn and understand common FX trading strategies through visual chart examples. The app includes 50 educational trading strategies covering: • Trend Following • Mean Reversion • Breakout Trading • Scalping Concepts • Momentum Strategies • Indicator-Based Systems • Risk Management Concepts Features: • Explore 50 trading strategies • View educational chart simulations • Study Entry, Take Profit, and Stop Loss examples • Understand strategy logic and market conditions • Compare different trading approaches • Learn trading concepts in a risk-free environment This application is intended solely for educational purposes. Important Disclaimer: FX Strategy Simulator does not provide financial advice, investment recommendations, broker services, trade execution, or guaranteed results. All charts, entries, take-profit levels, stop-loss levels, and outcomes are educational simulations and should not be interpreted as real trading signals. Past performance and simulated results do not guarantee future performance.
Screenshots
Verdict
The clearest difference is in-app purchases: FX Strategy Simulator at none against Formiq's 3. FX Strategy Simulator also leads on device support (3 vs 1) and iOS requirement (15.0 vs 17.0). On price and ads 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 3 in-app purchases, starting at $19.99 per month. FX Strategy Simulator asks for nothing beyond the download.
| Parameter | Formiq | FX Strategy Simulator |
|---|---|---|
| Price | Free | Free |
| Rating | 5.0 (2 ratings) — better | — |
| Number of ratings | 2 — better | — |
| Update frequency | Weekly | — |
| Ads | No | No |
| In-app purchases | Yes | No — better |
| Monetization | Freemium | — |
| Devices | iPhone | iPhone, iPad, iPod — better |
| Requires iOS | 17.0 | 15.0 — better |
| Further details — not scored | ||
| Size | 57 MB | 3 MB |
| Age rating | 4+ | 4+ |
| Developer | 株式会社オポチュニティ | Ikuto Yokota |
In-app purchases
Formiq
- Formiq Unlimited Monthly$19.991 Month
- Formiq Unlimited Monthly$179.991 Year
- Formiq Unlimited Lifetime$49.99
FX Strategy Simulator
No in-app purchases
Questions
Is Formiq free?
Is FX Strategy Simulator free?
Do Formiq or FX Strategy Simulator have ads?
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