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Edgewonk Review
A journal-and-backtesting tool sold for a one-time annual price, focused on manual trade analysis, tiltmeter and detailed edge-finding stats.
Best for
- Discretionary traders
- Manual backtesting
- Traders working on psychology
Not best for
- You want automated broker sync
- You want automated strategy backtesting
- You want a free tool
Our verdict & scoring
Edgewonk blends journaling with manual backtesting and a strong focus on the psychological side of trading (its 'tiltmeter'). The current Edgewonk 3 is cloud-based on a flat annual subscription (~$197/year) rather than tiered monthly plans, and it helps discretionary traders quantify and refine their edge.
Scores are based on our review methodology. Affiliate relationships do not buy higher ratings.
Pros
- Flat annual price (no monthly tiers)
- Strong psychology/edge tools
- Great for manual analysis
Cons
- Mostly manual data entry
- No automated broker sync
- Interface has a learning curve
Fees & hidden costs explained
Flat annual subscription (~$197/year); Edgewonk 3 is cloud-based.
Safety, regulation & availability
Journaling/backtesting software, not a broker. Does not execute or custody funds.
Account protection: Not a broker — holds no client funds.
Available to retail traders in:
Verify this platform yourself:
Official sources
Risk warning: Trading stocks, options, futures, forex, crypto, CFDs and funded accounts involves risk. You can lose money. This website is educational only and does not provide financial, investment, tax or legal advice.
Affiliate disclosure: We may earn a commission when you click some links on our site. This does not cost you extra. Our comparisons are educational and transparent, and our rankings are not affected by commissions.