Comparison

Algorithmical Trade vs CoveredProfit

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

Head to head
About

Algorithmical Trade

Features
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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?" β€” 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 β€” 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/

About

CoveredProfit

Features
Read full description

Maximize your stock portfolio's income potential with CoveredProfitβ€”the ultimate decision-support tool for covered call writing and options analysis. Whether you are a seasoned options trader generating monthly cash flow or a stock investor looking to protect your cost basis, CoveredProfit eliminates the guesswork. Calculate yields, analyze downside protection, and model options decay with professional-grade accuracy in real-time. Key Features: β€’ REAL-TIME COVERED CALL CALCULATOR Input any stock ticker to instantly fetch live quotes and calculate essential trade metrics. Instantly view your Max Profit, Absolute Return, Annualized APR, and Breakeven Point. β€’ SCREENSHOT SCANNER (NO-TYPING) Skip manual entry. Take a screenshot of your broker's options page, scan it inside CoveredProfit, and let our secure on-device text recognition instantly auto-fill the ticker, strike price, and option premium. β€’ LIVE OPTIONS CHAIN INTEGRATION Analyze options data directly from Public.com. Filter, sort, and center strike prices around the current stock price to identify the highest-yielding premium opportunities. β€’ COST BASIS PROTECTION Protect your downside. The app automatically flags capital loss risks, warning you if an option's strike price falls below your stock purchase cost basis. β€’ THETA TIME-DECAY SIMULATIONS Model option value erosion as expiration approaches. Track and estimate option buyback prices to optimize when to roll or close your positions. β€’ POSITION PORTFOLIO MONITORING Track your active covered call positions in a single dashboard. Get real-time alerts for low days-to-expiration (DTE) and expired contracts so you never miss an option assignment window. β€’ SMART ROLLOVER OPTIMIZER Contracts expiring soon? Avoid manual math. With a single tap, retrieve live options chains to analyze and execute rolls: - Option A (Income Focus): Extend expiration at your current strike to collect immediate cash premium. - Option B (Growth Focus): Move your strike price higher to capture additional stock upside gains, even if it requires a small net premium debit. β€’ INTEGRATED TRADE HISTORY LOG & EXPORTS Maintain a full chronological statement of your trade alterations. - Automatically records opens, rolls, and closes. - Settle expirations accurately: log calls as Expired Worthless or Shares Assigned (Stock Sold) to maintain precise adjusted cost basis statistics. - Export all active positions and transaction histories cleanly into formatted CSV and PDF statements. β€’ SECURE & PRIVATE Your financial data belongs to you. All positions are stored locally on your device. No signup required, no personal financial credentials collected. CoveredProfit Premium: Upgrade to premium to track unlimited active positions, unlock advanced time-decay timeline charts, and receive high-priority recommendation analysis. Disclaimer: Options trading involves a high degree of risk and is not suitable for all investors. Calculations and simulations provided by CoveredProfit are for educational and informational purposes only and do not constitute financial advice. Past performance is not indicative of future results. Apple's Standard EULA :https://www.apple.com/legal/internet-services/itunes/dev/stdeula/ Terms : https://senthilmkm.github.io/coveredprofit-docs/terms.html Privacy: https://senthilmkm.github.io/coveredprofit-docs/privacy.html

Screenshots

Algorithmical Trade4 screens
CoveredProfit4 screens

Verdict

The call

Algorithmical Trade and CoveredProfit are too close to call on the numbers: across 5 compared parameters β€” price, ads, in-app purchases and device support among them β€” neither pulls far enough ahead to decide it. What separates them is feature set and interface, not measurable difference.

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

CostPrice Β· In-app purchases Β· Ads Β· Monetization

Both are free to download. Algorithmical Trade sells 1 in-app purchase, starting at $19.99 per month and CoveredProfit sells 2 in-app purchases, starting at $4.99 per month. Whichever you choose, the download price is not the number that matters.

ScorecardNo meaningful differences
Algorithmical Trade versus CoveredProfit: the parameters behind the verdict, then further details
ParameterAlgorithmical TradeCoveredProfit
PriceFreeFree
Update frequencyFortnightlyβ€”
AdsNoNo
In-app purchasesYesYes
DevicesiPhoneiPhone, iPad β€” better
Requires iOS16.0 β€” better16.4
Further details β€” not scored
Size3 MB43 MB
Age rating17+4+
DeveloperAlgorithmical CorpSENTHIL KUMAR KANNAN

In-app purchases

1 purchases

Algorithmical Trade

Subscriptions1
  • Algorithmical Trade Pro1 Month trial$19.991 Month
2 purchases

CoveredProfit

Subscriptions2
  • CoveredProfit Premium Monthly7 Days trial$4.991 Month
  • CoveredProfit Premium Annual7 Days trial$39.991 Year

Questions

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

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