# Formiq vs Backtest Trading

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.

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.

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.

## The numbers

| Metric | Formiq | Backtest Trading |
| --- | --- | --- |
| Price | Free | Free |
| Rating | **[5.0 (2 ratings)](https://appshunter.io/ios/app/formiq-fx-backtest-tester/id6759964075/reviews)** | — |
| Number of ratings | **2** | — |
| In-app purchases | Yes | Yes |
| Ads | No | No |
| Update frequency | Every 5 days | **Every 3 days** |
| Monetization | Freemium | — |
| Size | 57 MB | 30 MB |
| Requires iOS | 17.0 | 17 |
| Devices | iPhone | **iPhone, iPad, Mac, Apple Watch** |
| Age rating | 4+ | 4+ |
| Developer | [株式会社オポチュニティ](https://appshunter.io/developer/1740927723) | [Dat Thanh Nguyen](https://appshunter.io/developer/1481241176) |

## 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 |


### Backtest Trading

[App page](https://appshunter.io/ios/app/backtest-trading/id6783314365)

**Features:** Apple Watch app, Vision Pro support

**In-app purchases (4)**

| Purchase | Price | Billing |
| --- | --- | --- |
| StopTrading Pro | $9.99 | per month |
| StopTrading Power | $29.99 | per month |
| StopTrading Pro Annual | $79.99 | per year |
| StopTrading Power Annual | $239.99 | per year |


## Frequently asked 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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*Compared by [AppsHunter](https://appshunter.io/) from daily US App Store data. Review summaries are generated from verbatim App Store reviews.*