Comparison

Formiq vs Backtest Trading

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 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

About

Backtest Trading

Features
Read full description

Research your next Futures strategy with favorite pairs, candle charts, historical backtests, and a community of shared methods. START WITH YOUR MARKET Choose favorite pairs and a timeframe. Open community methods filtered for that market, or go straight to a backtest with the pair and timeframe already selected when there is no matching data. READ THE CHART Explore candlestick charts and indicators. Choose chart intervals from 1 minute where the data source supports them. Chart availability, history and refresh frequency depend on the market and provider. TEST THE RULES Start with MACD or another template, or build entry and exit rules visually. Set your backtest assumptions, including position size, leverage, fees, slippage, stop loss and take profit. Inspect entries, exits, individual trades, return and drawdown. Save results to compare your changes. SHARE AND RECHECK Publish eligible profitable backtests to the community after the server checks the strategy with a historical simulation. View your shared-method history and publication status. Explore another method, inspect its evidence and rerun it with your own settings. A profitable historical result is not a trade recommendation. KNOW THE DATA The app uses public market-data sources, including Binance data for supported crypto markets. Gold, silver and some other views may use a displayed proxy instrument when direct data is unavailable. A proxy is not the original spot market. Data may be delayed or incomplete. Backtest is a research tool, not a broker or financial adviser. It does not place real-money trades or guarantee profit. Simulated results depend on data and assumptions; past performance does not predict future results. Some features require an account or a subscription with higher usage limits. Terms of Use: https://www.apple.com/legal/internet-services/itunes/dev/stdeula/

Screenshots

Formiq4 screens
Backtest Trading4 screens

Verdict

The call

The clearest difference is device support: Backtest Trading at 4 against Formiq's 1. On price, update cadence, ads and in-app purchases 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 2 in-app purchases, starting at $19.99 per month and Backtest Trading sells 4 in-app purchases, starting at $9.99 per month. Whichever you choose, the download price is not the number that matters.

UpkeepUpdate frequency

Formiq ships an update every 5 days, Backtest Trading every 3 days. The most recent releases landed on October 9, 2026 and October 17, 2026 respectively.

Scorecard1 real difference · 8 level
Formiq versus Backtest Trading: the parameters behind the verdict, then further details
ParameterFormiqBacktest Trading
PriceFreeFree
Rating5.0 (2 ratings) — better—
Number of ratings2 — better—
Update frequencyEvery 5 daysEvery 3 days — better
AdsNoNo
In-app purchasesYesYes
MonetizationFreemium—
DevicesiPhoneiPhone, iPad, Mac, Apple Watch — better
Requires iOS17.017
Further details — not scored
Size57 MB30 MB
Age rating4+4+
Developer株式会社オポチュニティDat Thanh Nguyen

In-app purchases

2 purchases

Formiq

Subscriptions2
  • Formiq Unlimited Monthly$19.991 Month
  • Formiq Unlimited Monthly$179.991 Year
4 purchases

Backtest Trading

Subscriptions4
  • StopTrading Pro3 Days trial$9.991 Month
  • StopTrading Power3 Days trial$29.991 Month
  • StopTrading Pro Annual$79.991 Year
Show 1 more
  • StopTrading Power Annual$239.991 Year

Questions

Is Formiq free?
Formiq is free to download, with in-app purchases available.
Is Backtest Trading free?
Backtest Trading is free to download, with in-app purchases available.
Do Formiq or Backtest Trading have ads?
Neither Formiq nor Backtest Trading shows ads.
Which is updated more often, Formiq or Backtest Trading?
Formiq ships an update every 5 days, and Backtest Trading every 3 days. Most recently, Formiq was updated on October 9, 2026 and Backtest Trading on October 17, 2026.

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