Comparison

WheelScanner vs Algorithmical Trade

Price, ratings, monetisation and update history for both apps, side by side โ€” with what reviewers say about each.

Head to head
About

WheelScanner

Features
Read full description

WheelScanner finds the best options for the Wheel Strategy โ€” Cash Secured Puts and Covered Calls โ€” so you don't have to spend hours screening manually. โ–ธ RISK SCORING & AI ANALYSIS Every ticker gets a risk score based on deep data analysis โ€” earnings proximity, volatility rank, option liquidity, and safety ratios โ€” helping you avoid dangerous trades. โ–ธ PAPER TRADING Practice the Wheel before risking real money. Open positions, track P&L, and build confidence with zero risk. โ–ธ WATCHLIST & PRICE ALERTS Track your favorite tickers. Set price alerts and get notified when a stock hits your target entry. โ–ธ TOP ETFs & MAG 7 Quickly scan popular ETF indexes (SPY, QQQ, IWM, DIA) and Magnificent 7 stocks with one tap. โ–ธ BUILT FOR THETA TRADERS WheelScanner is purpose-built for income-focused options traders running the Wheel. No clutter, no noise โ€” just the data that matters. SUBSCRIPTION OPTIONS โ€ข Pro Monthly โ€” $14.99/month (3-day free trial) โ€ข Pro Annual โ€” $124.99/year (save 30%) Free version includes market scans (top 5 results), watchlist (5 tickers), and paper trading (2 positions). Pro unlocks AI analysis, Sell CALL strategy, price alerts, and unlimited access. Payment is charged to your Apple ID account at confirmation of purchase. Subscription automatically renews unless canceled at least 24 hours before the end of the current period. Your account will be charged for renewal within 24 hours prior to the end of the current period. You can manage and cancel your subscriptions in your Account Settings on the App Store after purchase. Terms of Use: https://api.wheelscanner.app/terms Privacy Policy: https://api.wheelscanner.app/privacy DISCLAIMER: WheelScanner provides financial data and tools for informational purposes only. It is not financial advice. Options trading involves significant risk and is not suitable for all investors. Past performance does not guarantee future results.

About

Algorithmical Trade

Features
Read full description

Algorithmical Trade is a multi-broker portfolio management app for active traders. Connect your Alpaca, Tradier, tastytrade, Interactive Brokers, or Charles Schwab account in seconds and manage every position from one place. KEY FEATURES - Multi-broker portfolios Connect multiple brokerage accounts side-by-side. View positions, P&L, and trade history across all of them in one tab. - AI Assistant Powered by Claude on AWS Bedrock. Ask "how is my portfolio doing?", "show my NVDA positions", or "what are the top gainers today?" โ€” the assistant pulls live data from your broker and answers in plain English. - Instant trade execution Place market and limit orders directly to your broker. Face ID confirmation on live accounts protects against accidental trades. Paper trading mode for risk-free practice. - Top Performers analytics Identify which trading indicators are working over any date range. See win rate, total profit, and per-trade breakdowns. - Weekly Options Track sell-put and sell-call premium income across reconciled weeks. See win rate, total premium collected, and individual contract P&L. - Liquidate with one tap Close all positions or a multi-select subset. Confirmation dialogs prevent fat-fingers; live accounts require Face ID. - Open orders monitoring See pending orders before they fill, with side, quantity, and limit/stop pricing. SUPPORTED BROKERS - Alpaca Securities (paper + live) - Tradier Brokerage - tastytrade - Interactive Brokers (IBKR) - Charles Schwab (via official Trader API + OAuth) PRIVACY FIRST We never collect data we don't need. We never sell or share your information. Industry-standard encryption for broker credentials, HTTPS on every network call. Sign in with Apple or Google. Delete your account at any time. IMPORTANT RISK DISCLOSURE Maverick Trade is a portfolio management interface โ€” not a broker. Orders route directly to your existing FINRA-registered brokerage account; we do not custody funds, execute trades ourselves, or provide investment advice. Trading securities and options involves substantial risk including possible loss of principal. Past performance does not guarantee future results. You are solely responsible for your trading decisions. CONTACT Support: sriram.sridhar@algorithmical.ai Privacy: https://www.maverickcapital.ai/privacy Terms of Use (EULA): https://www.apple.com/legal/internet-services/itunes/dev/stdeula/

Screenshots

WheelScanner4 screens
Algorithmical Trade4 screens

Verdict

The call

The clearest difference is iOS requirement: Algorithmical Trade at 16.0 against WheelScanner's 26.0. On price, ads, in-app purchases and device support there is nothing between them.

Scored on Price ยท Rating ยท Positive reviews ยท Number of ratings ยท Update frequency ยท Ads ยท In-app purchases ยท Monetization ยท Best chart rank ยท Devices ยท Requires iOS

CostPrice ยท In-app purchases ยท Ads ยท Monetization

Both are free to download. WheelScanner sells 2 in-app purchases, starting at $14.99 per month and Algorithmical Trade sells 1 in-app purchase, starting at $19.99 per month. Whichever you choose, the download price is not the number that matters.

Scorecard1 real difference ยท 5 level
WheelScanner versus Algorithmical Trade: the parameters behind the verdict, then further details
ParameterWheelScannerAlgorithmical Trade
PriceFreeFree
Update frequencyโ€”Every 3 weeks
AdsNoNo
In-app purchasesYesYes
DevicesiPhoneiPhone
Requires iOS26.016.0 โ€” better
Further details โ€” not scored
Size25 MB3 MB
Age rating4+17+
DeveloperDauren AmreyevAlgorithmical Corp

In-app purchases

2 purchases

WheelScanner

Subscriptions2
  • Pro Monthly7 Days trial$14.991 Month
  • Pro Annual7 Days trial$124.991 Year
1 purchases

Algorithmical Trade

Subscriptions1
  • Algorithmical Trade Pro1 Month trial$19.991 Month

Questions

Is WheelScanner free?
WheelScanner is free to download, with in-app purchases available.
Is Algorithmical Trade free?
Algorithmical Trade is free to download, with in-app purchases available.
Do WheelScanner or Algorithmical Trade have ads?
Neither WheelScanner nor Algorithmical Trade shows ads.

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