# Formiq vs MyBacktest

The clearest difference is device support: MyBacktest at 3 against Formiq's 1. MyBacktest also leads on iOS requirement (15.0 vs 17.0). 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 MyBacktest sells 3 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, MyBacktest every 10 days. The most recent releases landed on October 9, 2026 and October 8, 2026 respectively.

## The numbers

| Metric | Formiq | MyBacktest |
| --- | --- | --- |
| Price | Free | Free |
| Rating | **[5.0 (2 ratings)](https://appshunter.io/ios/app/formiq-fx-backtest-tester/id6759964075/reviews)** | — |
| Number of ratings | **2** | — |
| Positive reviews | — | 80.0% of reviews |
| In-app purchases | Yes | Yes |
| Ads | No | No |
| Update frequency | **Every 5 days** | Every 10 days |
| Monetization | Freemium | Freemium |
| Size | 57 MB | 32 MB |
| Requires iOS | 17.0 | **15.0** |
| Devices | iPhone | **iPhone, iPad, iPod** |
| Age rating | 4+ | 4+ |
| Developer | [株式会社オポチュニティ](https://appshunter.io/developer/1740927723) | [HITOMI NIIHARA](https://appshunter.io/developer/6787661129) |

## 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 |


### MyBacktest

[App page](https://appshunter.io/ios/app/mybacktest-fx/id6787661126)

Practice and verify your FX and gold trading strategies using historical charts. This tool allows for rapid simulation of trading scenarios, analysis of past performance, and automated generation of trading records to improve decision-making skills.

**Highlights:** Backtest trading strategies on historical FX and gold charts, Simulate trades with real-time tension, Jump to specific trading scenarios with 'Warp Verification', Automated strategy performance analysis, One-tap export of trading records with chart images, Advanced analysis tools including parameter optimization

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

**In-app purchases (3)**

| Purchase | Price | Billing |
| --- | --- | --- |
| ライトプラン | $9.99 | per month |
| スタンダードプラン | $29.99 | per month |
| プロプラン | $39.99 | per month |


## Frequently asked questions

### Is Formiq free?

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

### Is MyBacktest free?

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

### Do Formiq or MyBacktest have ads?

Neither Formiq nor MyBacktest shows ads.

### Which is updated more often, Formiq or MyBacktest?

Formiq ships an update every 5 days, and MyBacktest every 10 days. Most recently, Formiq was updated on October 9, 2026 and MyBacktest on October 8, 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.*