Jeremy Biberdorf
By: Jeremy Biberdorf
March 21, 2024

Edgewonk Review 2024

Jeremy Biberdorf
By: Jeremy Biberdorf
March 21, 2024


Disclosure: This page may contain affiliate links. This means we earn a small commission (at no additional cost to you) if you purchase a product through our links.
Disclosure: This page may contain affiliate links. This means we earn a small commission (at no additional cost to you) if you purchase a product through our links.
Edgewonk Logo


4.5 rating based on 5 ratings


In a nutshell: Edgewonk is a comprehensive trading software that helps active swing traders, day traders, and professional traders analyze and improve their trading performance. With its advanced features and customizable statistics, Edgewonk enables traders to identify and address areas of weakness in their trading strategies and behavior.

The software includes a customizable trading journal, trade simulator, and equity graph, allowing traders to track their progress and measure their success over different time frames. Edgewonk also offers a range of tools for analyzing and optimizing trading performance, including a comprehensive trading plan builder and trade planning calendar.

FeesFavorite FeaturePromotion
$169/yrTrade simulatorSave $10 with coupon code MODESTMONEY
Pros & Cons
  • Fully customizable
  • Extensive features
  • Flat fee
  • No free trial

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Favorite FeatureTrade simulator

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Fees$0 - $49/mo

Favorite FeatureRisk analysis reports

TraderSync Logo
4.5 rating based on 5 ratings
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Service TypeOnline trading journal

Edgewonk History website

Edgewonk was founded in 2014 by professional trader, Moritz Czubatinski. After years of trading experience, Czubatinski saw the need for a comprehensive trading journal that could help traders track their progress, identify weaknesses, and improve their performance. He developed Edgewonk as a solution to this problem, and the software has since gained a loyal following among traders worldwide.

Over the years, Edgewonk has continued to evolve and improve, with regular updates and new features being added to the software. Today, it is widely recognized as a top-rated trading journal and performance analysis tool, with a growing community of users and positive reviews from industry experts.

Membership Options

Edgewonk offers one membership option to access all of their features for only $169/yr. The membership includes access to the trading journal, trade simulator, and equity graph, as well as a range of custom statistics and tools for analyzing performance.

  • Pro plan ($169/yr)

External Edgewonk Reviews & Ratings

Day Trade Review4

Firsthand User Experience with Edgewonk

Here are some reviews from traders who have experienced the platform firsthand:

“Been using Edgewonk for the last 4 years, absolutely love it. Trading session imports from IB work flawlessly. Highly recommended.”
“Edgewonk provides an outstanding trade review tool. You can customise it to be as simple or complex as suits your trading style. Trading without an efficient review tool means you aren’t leveraging your full potential. On the odd occasion I have had to contact them, the staff have been helpful, efficient, and attentive. Edgewonk represents good value for its modest investment.”
“I really like how they created a course explaining everything in the journal, not only that but they also included a step by step guid on how to create your own trading system. Did not expect that, but it was a huge plus. Also they tend to update the platform regularly along with videos explaining each update, and each update I’ve experienced so far has improved the way I use the journal massively. Clearly this is a journal built by traders for traders, love it! 😉 ”
“Great response and service. 100%”

Edgewonk Features

Edgewonk offers a wide range of features for analyzing and improving trading performance. Some of the standout features include:

  • Customizable trading journal: The trading journal is a key feature of Edgewonk, allowing traders to track their trades, analyze their performance, and identify areas for improvement. The journal can be customized to track specific metrics and time frames, and it includes a range of tools for analyzing trade data and performance.
  • Trade simulator: The trade simulator is a valuable tool for testing out different trading strategies and assessing their potential success. It allows traders to practice their trades in a simulated environment, using real market data, without risking any actual capital.
  • Equity graph: The equity graph is a visual representation of a trader’s performance over time, showing the ups and downs of their account balance. It is a useful tool for tracking progress and identifying trends in a trader’s performance.
  • Trade planner: The trade planner is a tool for creating and managing a comprehensive trading plan. It includes a calendar for scheduling trades and a range of tools for setting goals, managing risk, and optimizing performance.
  • Custom statistics: Edgewonk offers a range of custom statistics for analyzing trading behavior and performance. These statistics can help traders understand their strengths and weaknesses and identify areas for improvement.
  • Professional support: Edgewonk offers additional support and resources to help them improve their performance. This includes access to professional traders and experts, as well as advanced training and educational materials.
  • Entry And Exit Genius: EdgeWonk analyzes your trade data to suggest improvements in timing, order types, and where to place stop orders to boost your success rate.
  • Foresight with Trading Classifiers: The Advanced Trade Data tab in EdgeWonk predicts market moves and identifies events such as significant speeches or earnings announcements.
  • Versatility in Trading: EdgeWonk supports a variety of assets including stocks, FX, futures, and cryptocurrencies.
  • Cloud-Based Brilliance: EdgeWonk operates entirely in the cloud, allowing access from anywhere and on any device, though the desktop experience is recommended for full feature access.
  • Log Missed Trades: EdgeWonk includes a ‘missed trade’ journal feature, letting users record trades they missed and learn from them.
  • Customizable Modes: Users can customize EdgeWonk’s appearance between light and dark modes to suit their preference.
  • Emotional Analytics Unleashed: EdgeWonk analyzes your trading emotions, assessing your discipline and rule adherence over a series of trades.

Edgewonk Pros & Cons:

Edgewonk is a comprehensive trading tool that offers traders the opportunity to tailor their trading strategies. One of its primary advantages is the ability to craft customized trading plans, giving traders a chance to set specific goals, define risk management parameters, and pinpoint ideal market conditions.

Furthermore, it’s designed to cater to a wide range of traders, be they day traders, swing traders, or professionals. This is evident from its diverse range of tools that dive deep into trading performance. The software not only provides a host of insightful statistics on trading behaviors but also comes with a unique trade simulator, allowing for risk-free strategy testing.

Adding to its appeal, Edgewonk is compatible with over 23 online brokerages, ensuring seamless integration for most traders. It doesn’t just stop at stocks. The platform’s capability extends to tracking diverse assets like forex, CFDs, crypto, and futures.

Another notable benefit is its mobile compatibility. With apps available for both Android and iOS, traders can easily keep tabs on their performance on the move. Edgewonk takes analytics a step further with its range of emotional analytics tools, advanced graphs, and proprietary algorithms.

These are designed to target and highlight areas where a trader can improve. Also, the ability to simulate portfolios based on individual trading styles helps users spot potential long-term risks and benefits.

However, no tool is without its shortcomings. Edgewonk’s robust suite of features comes at a price, which may be steep for newcomers to trading. While it tries to be user-friendly, the platform does have a learning curve, demanding a certain technical prowess to unlock its full potential.

Also, to derive meaningful insights, a trader must input a considerable amount of trade data, making it less suitable for those who trade sporadically. Its design and features lean more favorably towards short-term traders, potentially leaving out those who operate on longer time frames.

Another limiting factor is the absence of a free trial and the availability of just one pricing plan. Lastly, even though it supports many online brokerages, it does not cover all, which might be a concern for some traders.

Brokers Compatible With Edgewonk

Edgewonk offers wide-ranging broker compatibility, making it easy for traders to import their data. Currently, it supports several online brokerages, including:

  • Interactive Brokers
  • MetaTrader 4 & 5
  • Ninja Trader 7 & 8
  • Ameritrade
  • TradeStation
  • WeBull
  • IG Forex
  • ATAS
  • ByBit
  • cTrade
  • Custom Excel
  • Dukas Copy
  • ForexTester 3
  • Global Prime
  • Oanda
  • Optimus Flow
  • Sierra Charts
  • TD 365
  • TD Ameritrade
  • Think or Swim
  • Tradezero
  • Tradovate

If your broker isn’t on this list, Edgewonk provides the option to manually import your trades or use a CSV file directly from your brokerage.

Is Edgewonk Easy to Navigate?

Edgewonk shines with its user-friendly experience, largely attributed to its clean, intuitive interface. The software design enables easy navigation through a multitude of features, catering to both novice and experienced traders.

The platform is well-structured with clear labels and easily accessible features, ensuring you won’t waste time searching for the tools you need. Both the main menu and the submenu are designed in a way that is straightforward, making it quick to access different sections of the software. This convenience caters to traders of all skill levels, from novice individuals just starting their trading journey to experienced professionals seeking advanced analysis tools.

Whether you want to input new trades into your journal, analyze your past trades, or simulate potential trading strategies, Edgewonk makes it easy to switch between tasks. The straightforward layout combined with logical feature placement leads to an efficient workflow, helping you make the most out of your trading time.

So, in answer to the question – Yes, Edgewonk is not only easy to navigate but its user-friendly interface makes the trading process more streamlined and less time-consuming, thereby enhancing your overall trading experience.

Who Is Edgewonk Best For?

Edgewonk is best suited for active traders, especially those in day trading or swing trading. These traders can benefit from its detailed insights on entries, exits, stop losses, and trading psychology. Consistent trading data is crucial for Edgewonk to provide meaningful analytics.

Therefore, those who trade infrequently might not see immediate benefits. While the platform can be beneficial for all levels of traders, it tends to resonate more with experienced ones who understand the value of self-analysis. In short, if you’re an active trader, Edgewonk can be a valuable tool. However, if you only make a few trades per month, its value might be limited.

Can I Use Edgewonk on Mobile Devices?

Yes, Edgewonk offers a mobile-friendly version in addition to its desktop software. It supports a wide range of devices and browsers, ensuring a seamless user experience. Users can track trades and analyze their performance on the go.

Enhanced Trading Analytics

Edgewonk offers traders a robust suite of analytics tools designed to provide comprehensive insights into their trading performance. Beyond simple trade tracking, the platform allows users to delve deep into various aspects of their strategies and behaviors. Traders can analyze factors such as entry and exit points, trade duration, and position sizing to identify patterns and trends in their trading activity.

Moreover, Edgewonk’s emotional analytics feature provides valuable insights into the psychological aspects of trading, helping traders better understand and manage their emotions during trading sessions. By leveraging these advanced analytics capabilities, traders can make data-driven decisions and fine-tune their strategies for improved performance over time.

Comprehensive Trade Planning

In addition to its analytical prowess, Edgewonk stands out for its robust trade planning capabilities, which enable traders to create and manage detailed trading plans. Within the platform, traders can outline specific goals, define risk management parameters, and establish trade schedules tailored to their individual preferences and objectives.

Edgewonk’s intuitive interface makes it easy for traders to set targets, manage risk, and track their progress toward their goals. Furthermore, the platform’s trade planning tools offer flexibility and customization options, allowing traders to adapt their strategies to changing market conditions with ease.

By incorporating comprehensive trade planning into their workflow, traders can execute their strategies with confidence and precision, maximizing their chances of success in the markets.

Advanced Trade Analysis: Uncover Hidden Patterns

In addition to providing in-depth performance insights, Edgewonk offers advanced trade analysis tools to help traders uncover hidden patterns and trends in their trading data. With features like pattern recognition and correlation analysis, traders can identify recurring themes and behaviors that may impact their performance.

By gaining a deeper understanding of their trading habits, traders can make more informed decisions and refine their strategies for greater success.

Diverse Asset Support

Edgewonk caters to traders across various asset classes, including stocks, forex, cryptocurrencies, and futures. Its versatility in tracking diverse assets allows traders to manage all their investments in one centralized platform.

Whether you’re trading equities or exploring the world of digital currencies, Edgewonk provides the tools and analytics you need to stay ahead of the curve and maximize your returns.

Expert Insights for Success

In addition to its robust set of features, Edgewonk offers professional guidance and support to help traders succeed. From access to industry experts to advanced training materials, traders can tap into a wealth of knowledge and experience to enhance their trading skills.

Whether you’re a seasoned pro or just starting out, Edgewonk provides the resources you need to navigate the markets with confidence and achieve your financial goals.

Seamless Integration with Online Brokers

Edgewonk boasts seamless integration with over 23 online brokerages, making it easy for traders to import their trading data. Whether you’re using Interactive Brokers, MetaTrader, or Think or Swim, Edgewonk ensures that your trade history is accurately reflected in your analytics. With automatic data synchronization, traders can focus on analyzing their performance without worrying about manual data entry.

Learning Curve and Complexity

While Edgewonk offers a wealth of features and functionalities, mastering the platform can require a significant learning curve. New users may find themselves overwhelmed by the array of tools and analytics available, requiring time and effort to fully grasp the platform’s capabilities.

Understanding Feature Functionality

Within Edgewonk’s extensive toolkit lies a myriad of features, each with its own specific functionality. Navigating through these features and understanding how they contribute to trade analysis can add to the complexity of the platform. Users may need to invest time in learning the intricacies of each tool to utilize them in their trading endeavors effectively.

Adapting to Advanced Analytics

For traders accustomed to more basic analytics platforms, Edgewonk’s advanced analytics capabilities may present a steep learning curve. Understanding how to interpret complex data sets and utilize advanced tools such as emotional analytics and pattern recognition may require additional time and effort.

Limited Broker Coverage

Scope of Broker Compatibility

Despite its extensive broker compatibility, Edgewonk does not cover all online brokerages, which may be a drawback for some traders. If your broker is not supported by Edgewonk, you may need to manually import your trade data or use a CSV file from your brokerage, adding an extra layer of complexity to the process.

Addressing Brokerage Diversity

The diversity of trading platforms and brokerages in the market presents a challenge for Edgewonk in ensuring comprehensive compatibility. While the platform supports a wide range of brokerages, the absence of certain popular platforms may limit its appeal to a wider audience of traders. Edgewonk may need to continually update its list of supported brokers to maintain relevance in an ever-evolving market landscape.

Top Edgewonk Competitors

When it comes to trading software, Edgewonk faces competition from several other platforms offering similar features and functionalities. Here, we’ll take a closer look at three notable competitors: Bookmap, Trade Ideas, and TraderSync.


Bookmap logo

Bookmap is a popular trading platform known for its advanced visualization tools and market depth analysis. Catering primarily to active day traders and scalpers, Bookmap provides traders with a real-time view of market liquidity and order flow, allowing for more informed decision-making and precise trade execution.

The platform’s heatmap display visually represents market activity, enabling traders to identify key support and resistance levels, as well as significant buying and selling pressure. Additionally, Bookmap offers a range of customizable indicators and trading strategies, making it a versatile tool for traders seeking to gain an edge in today’s fast-paced markets.

Trade Ideas

Trade Ideas logo

Trade Ideas is a comprehensive stock scanning and alerting platform designed to help traders identify profitable trading opportunities in real time. With its proprietary artificial intelligence technology, Trade Ideas scans thousands of stocks, ETFs, and options each day, looking for patterns and anomalies that may signal potential trading opportunities.

Traders can customize their scans based on specific criteria such as price movement, volume, and technical indicators, allowing for highly targeted trading strategies. Additionally, Trade Ideas offers a range of built-in trading strategies and backtesting tools, enabling traders to test their ideas and refine their strategies before putting them into action.



TraderSync is an online trading journal and performance analysis platform aimed at helping traders improve their trading skills and track their progress over time. Similar to Edgewonk, TraderSync offers a customizable trading journal where traders can log their trades, analyze their performance, and identify areas for improvement. The platform provides a range of analytics tools and performance metrics, allowing traders to gain valuable insights into their trading behavior and decision-making process.

Additionally, TraderSync offers a trade simulator feature, allowing traders to practice their strategies in a risk-free environment and refine their skills before trading with real money. With its user-friendly interface and comprehensive features, TraderSync is a viable alternative for traders looking to enhance their trading performance.

Is Edgewonk Worth it?

Overall, Edgewonk is a powerful and comprehensive trading software that offers a range of tools and resources for analyzing and improving trading performance. While it may not be suitable for all traders, due to its cost and complexity, it is definitely worth considering for active swing traders, day traders, and professional traders who are looking to take their trading to the next level.

The software’s customizable trading journal, trade simulator, and equity graph are valuable tools for tracking progress and identifying areas for improvement. And its advanced features, such as the trade planner and custom statistics, can help traders optimize their performance and achieve their goals.

If you are serious about improving your trading performance, Edgewonk is definitely worth a closer look. So why not sign up and see for yourself how the software can help you achieve your trading goals?

Save $10 on Edgewonk with our Exclusive Coupon Code: MODESTMONEY

Frequently Asked Questions

Edgewonk is a comprehensive trading software designed to help active swing traders, day traders, and professional traders analyze and improve their trading performance. It includes features like a customizable trading journal, trade simulator, equity graph, and comprehensive trading plan builder.

Edgewonk was founded in 2014 by professional trader, Moritz Czubatinski.

The trade simulator feature of Edgewonk is highly appreciated by its users.

Edgewonk offers a wide range of tools for analyzing and optimizing trading performance, including custom statistics, a trade simulator, and a comprehensive trading plan builder. These tools help traders understand their strengths and weaknesses, test different strategies, and make informed decisions about their trades.

Yes, Edgewonk can be a powerful tool for active swing traders, day traders, and professional traders looking to improve their trading performance. However, its cost and complexity may not be suitable for all traders, particularly those who are just starting out or prefer a more straightforward approach to their analysis.

You can save $10 on your Edgewonk subscription using the exclusive coupon code: MODESTMONEY.

Edgewonk is accessible to investors globally without any specific prerequisites. You can use Edgewonk on desktop, as well as on Android and iOS devices. To begin:

  1. Go to the Edgewonk website at
  2. Click on “Get Started Now” located further down the page.

Edgewonk allows users to maintain several journals and manage all their assets via its Dashboard. It is compatible with various major asset types such as:

  1. Stocks
  2. Forex
  3. CFDs
  4. Futures
  5. Cryptocurrencies

It covers worldwide stock markets, diverse Forex pairs, and all digital currencies, making it a top-rated trading journal.

Edgewonk in headquartered in Offenbach, Hessen, Germany.

Save $10 on Edgewonk with our Exclusive Coupon Code: MODESTMONEYSave Now