Edgewonk vs Trademetria (2026) — Which Is Better?
Compare Edgewonk and Trademetria — features, pricing, pros and cons.
Data below reflects each vendor's official docs at time of writing. Pricing, features, and account terms can change; check the source of truth on each provider's site. Methodology →
The Short Version
Higher Rated
Edgewonk (4.4)
More Affordable
Trademetria (Free)
Edgewonk
Trading journal focused on automated imports, edge finding, mistake scans, psychology review, Tiltmeter and process discipline.
Trademetria
Multi-asset trading journal with portfolio tracking, risk analysis, and detailed performance metrics for all markets.
Journal Head-to-Head
Edgewonk and Trademetria serve different trader profiles. Edgewonk ($169/mo) is a premium, all-inclusive platform for committed traders seeking deep trade analysis and psychology insights. Trademetria offers free access with limited functionality, suited for casual traders or those testing the waters. Both deliver core features—AI analysis, backtesting, paper trading, and alerts—but with starkly different price points and accessibility.
Edgewonk's standout feature is Tiltmeter, which detects emotional trading patterns, paired with a what-if simulator for scenario planning. Its 4.4/5 rating reflects user satisfaction with advanced analytics, though the interface feels dated. Trademetria shines with multi-asset support and a clean UI, appealing to diversified traders. The catch: Trademetria's free tier limits usage to 30 orders monthly—practical only for part-time traders.
Choose Edgewonk if you trade actively and prioritize psychology-driven insights; the $169/mo cost justifies itself through emotional prevention and deep backtesting. Pick Trademetria if you're evaluating risk-free, managing multiple assets, or trading fewer than 30 times monthly. For traders scaling up, Trademetria's free tier serves as an evaluation phase before committing elsewhere.
Workflow & Import Feature Breakdown
| Feature | Edgewonk | Trademetria |
|---|---|---|
| Rating | ★ 4.4 | ★ 4.0 |
| Starting Price | $12.32/mo | Free |
| Free Tier | No | Yes |
| Markets | forex, commodities, indices, options, stocks, crypto, futures | stocks, options, futures, forex, crypto |
| AI Analysis | ✓ | ✗ |
| Backtesting | ✓ | ✗ |
| Paper Trading | ✗ | ✗ |
| Price Alerts | ✗ | ✗ |
| Mobile App | ✗ | ✗ |
| API Access | ✗ | ✓ |
| Social Features | ✗ | ✗ |
| Broker Integration | ✓ | ✓ |
| Custom Indicators | ✗ | ✗ |
| Automated Trading | ✗ | ✗ |
| Trade Journaling | ✓ | ✓ |
| Performance Analytics | ✓ | ✓ |
| Risk Management | ✓ | ✓ |
| News Feed | ✗ | ✗ |
| Education Content | ✓ | ✗ |
| auto_import | ✓ | ✗ |
Edgewonk: Pros & Cons
Pros
- + Strong psychology and rule-discipline workflow
- + Edge Finder provides automatic performance and mistake scans
- + Single product tier avoids feature paywalls inside the journal
- + 14-day money-back guarantee on official pricing page
Cons
- - No permanent free tier
- - Less modern all-in-one feel than newer AI journals
- - Annual-style commitment may not suit traders testing journaling for the first time
Trademetria: Pros & Cons
Pros
- + Free tier available for light trading
- + Good multi-asset support across all markets
- + Clean, intuitive interface
- + Annual billing saves up to 40%
Cons
- - Free tier is very limited at 30 orders/month
- - Fewer advanced features than top competitors
- - No AI-powered analysis
Edgewonk vs Trademetria: Psychology Journal vs Budget Journal
Both are established trading journals with real user bases (Edgewonk 880 monthly searches, Trademetria 320). They sit in the same category on paper. In practice they solve for opposite priorities: Edgewonk is built for traders whose main problem is behavior, and Trademetria is built for traders whose main constraint is cost.
Edgewonk's edge: the psychology layer
Edgewonk is the trading journal that takes trader behavior seriously. The Tiltmeter is the flagship feature — it assigns a numerical rating to your emotional state during each trade and correlates that rating with your P&L over time. You end up with a quantified read on how much money your emotions are costing you.
Beyond Tiltmeter, Edgewonk has a dedicated section for behavioral tracking: did you follow your rules on this trade, did you size correctly, did you exit where you said you would. Edge Finder runs automatic scans to surface your most common mistakes.
Pricing: $197/year (~$12.32/mo with the 1-year plan and 4 free months promotion). Single tier — no upsell paywalls inside the journal. If you commit to the annual plan, Edgewonk is one of the cheapest premium journals on the market.
The honest caveat: no permanent free tier. Annual commitment. If you are still deciding whether journaling fits your workflow, that upfront cost is friction.
Trademetria's edge: the free tier and the interface
Trademetria offers a genuine free tier — 30 orders/month, enough to test the workflow without commitment. Paid plans start at $29.95/mo (Basic) and $39.95/mo (Pro). The web app is mobile-responsive, which matters more than most journals admit — checking trades from a phone during the day.
The interface is clean and covers all major asset classes: stocks, futures, forex, crypto, options. If you trade across markets, Trademetria's multi-asset support removes the friction of maintaining separate journals per instrument.
The honest caveat: psychology tracking is thin. There is nowhere to log how you felt before the session, whether you were tilted after a loss, or whether you were following your rules. You get the trade record, not the trader record.
The core structural split
If your review sessions currently focus on "what setup should I take more of," both journals get you there. Basic performance analytics are table stakes.
If your review sessions need to answer "why did I take this trade against my rules" or "am I revenge trading after losses," Edgewonk is built for that question and Trademetria is not.
If your review sessions need to answer "which asset class is driving my P&L across my whole portfolio," Trademetria's multi-asset support does that cleanly.
Cost over 12 months
Edgewonk: $197/year all-in. No tier upsells.
Trademetria Free: $0 with a 30-order/month cap. Basic: $359/year. Pro: $479/year.
Edgewonk is cheaper than Trademetria Basic and dramatically cheaper than Pro. Trademetria only wins on cost if you stay on the free tier — and 30 orders/month rules out any active trader.
Data import and broker sync
Both support CSV imports across major brokers. Neither is as slick as newer AI-driven journals like TradeZella or TraderSync when it comes to real-time broker sync. If you value hands-off automatic import, both fall short of the newest generation of tools.
For manual or CSV-based workflows, both work fine and neither has a meaningful advantage.
Independent ranking
External review of the space in 2026: Edgewonk ranks best-for-psychology (7.0/10 in TradingJournal.com's TJ Score). Trademetria ranks best-budget-friendly (6.3/10). Neither is the top overall — that spot is held by newer AI-first journals — but both are strong within their specific angle.
Our take
Choose Edgewonk if the honest bottleneck in your trading is behavior — rule-breaking, tilt, revenge trades, poor sizing under emotion. Tiltmeter and Edge Finder are the closest any journal comes to giving you a mirror for the mistakes you keep repeating. The $197 annual commitment is small relative to the impact if you actually use the tools.
Choose Trademetria if cost is the deciding factor, you trade multiple asset classes, or you want to try journaling without upfront commitment. The free tier is genuinely useful for casual traders; the paid tiers are competent multi-asset analytics but not category-leading.
If you are serious about improving as a trader and can afford it, Edgewonk's psychology tools are the more valuable investment. If you need to keep costs zero while learning whether journaling is for you, Trademetria's free tier is a reasonable starting point — with the plan to graduate to something more capable within a few months.