Edgewonk vs. TraderSync

Edgewonk
Edgewonk

Best For

Day traders✅
Swing Traders✅
Investors✅

Features

CSV Import✅
Auto-SyncPartly
Manual Trade Entry✅
Performance Analysis✅
Calendar View✅
Charts✅
Drawing Tools❌
Market Replay✅
Trade Simulator✅
Backtester✅
Multiple Journals✅
Notes✅
Trade Tagging✅
Trade Tracking✅

Assets

Stocks✅
Forex✅
Futures✅
Options❌
Crypto✅
CFDs✅

OS Platforms Supported

SaaS/Web App✅
Desktop Software❌
Mobile App❌

Support

Online Chat❌
Email✅
Phone❌
Documentation✅
Webinars❌
YouTube✅ (8K subs)

Pricing

Monthly PlanOnly Annual Plans
Annual Plan$169 paid yearly
Free Version❌
Free Trial❌

Company

Founded2014
HQGermany
edgewonk.com
TraderSync
TraderSync

Best For

Day traders✅
Swing Traders✅
Investors✅

Features

CSV Import✅
Auto-SyncPartly
Manual Trade Entry✅
Performance Analysis✅
Calendar View✅
Charts✅
Drawing Tools✅
Market ReplayElite
Trade Simulator✅
BacktesterElite
Multiple Journals✅
Notes✅
Trade Tagging✅
Trade TrackingElite

Assets

Stocks✅
Forex✅
Futures✅
Options✅
Crypto✅
CFDs✅

OS Platforms Supported

SaaS/Web App✅
Desktop Software❌
Mobile App✅

Support

Online Chat✅
Email✅
Phone❌
Documentation✅
Webinars❌
YouTube✅ (2K subs)

Pricing

Monthly Plan$29.95 - $79.95
Annual Plan$312.00 - $834.00
Free Version❌
Free Trial✅

Company

Founded2014
HQUnited States
tradersync.com

TraderSync

Features:

  • Mobile Access: Mobile app to log trades on the go.
  • AI-Generated Insights: AI generates insights and suggestions based on trading patterns.
  • Performance Analysis: Detailed performance analytics including win rates, average gains/losses etc.

Pros:

  • Convenience: Mobile app to log and access insights anywhere.
  • AI: AI helps identify trends and suggest improvements.
  • Easy to use: Traders love it.

Cons:

  • Cost: Some may find the subscription fees higher than others.
  • Less Technical Analysis: Good overall analysis but not as deep as Edgewonk.

Edgewonk

Features:

  • Simulation Tools: Edgewonk has the best simulation tools for traders to backtest their strategies.
  • Custom Journaling: Users can customize their journaling experience to their trading style and preferences.
  • Technical Analysis: Focuses heavily on technical analysis.

Pros:

  • Advanced Tools: Great for traders who want to get into the nitty gritty of their performance metrics.
  • Customization: Ability to customize the journal to your needs makes it more usable.
  • Technical Analysis: Perfect for traders who are technical strategy heavy.

Cons:

  • Less Mobile: Edgewonk not as mobile friendly as TraderSync which can be a drawback for some.
  • Learning Curve: The advanced features take a bit more time to learn and use effectively.

In summary, TraderSync is great for those who want convenience and AI insights, Edgewonk is better for those who want in-depth analysis and customization. Each has its pros and cons so it depends on your trading needs and preferences.