Edgewonk Review 2026: Features, Costs and Limitations

A trading journal is the cheapest form of self-control a trader can have. It records not only what you traded but also when you broke your own rules and what that cost. Edgewonk is built around exactly that question: it analyzes your trades and shows which habit takes money from you.

This review combines a documentation check with a short look of our own. On October 3, 2026 we checked Edgewonk’s pricing page, its import list, its changelog and its imprint, and read its public Trustpilot profile; prices and terms were rechecked on October 25, 2026. The two screenshots come from a small test journal in our own account from February 2024, not from a long-term test. This article follows our editorial policy.

Edgewonk in 30 seconds

• What it is: a web-based trading journal that imports your trades and searches them for strengths and weaknesses, with a strong focus on trading psychology.
• Who is behind it: Quantum Trade Solutions GmbH in Offenbach, Germany, the same company that runs the trading education site Tradeciety.
• Price: one feature set, billed $35 a month or $197 every 12 months. EU and UK buyers pay VAT on top.
• Trial: no free trial, but the provider advertises a 14-day refund period.
• Imports: many brokers by file, and auto sync for MetaTrader 4 and 5 brokers and prop firms.
• Main limits: no mobile app, an English interface and a manual backtester.

What is Edgewonk?

Edgewonk is a web-based trading journal that analyzes imported trades and shows which habits improve your results and which cost you money. It runs in the browser; there is no app for iPhone or Android.

The difference to a spreadsheet lies in the ready-made workflow. A spreadsheet can calculate win rate, expectancy and drawdown too, with formulas, filters and pivot tables that you build and maintain yourself. Edgewonk delivers these reports ready-made and sets them against the features of your trades: time of day, weekday, instrument and setup, plus imports from many brokers. Our trading journal guide shows how to record trades so this kind of analysis works.

The company is German. According to its imprint, Edgewonk is run by Quantum Trade Solutions GmbH, Offenbach, registered at the Offenbach district court under HRB 48296, with Rolf Schlotmann and Moritz Czubatinski as managing directors. The same company runs Tradeciety, which sells trading education (see our Tradeciety review). That is not a criticism, but keep it in mind when the software recommends ways to improve.

Edgewonk features: Chart Lab, Edge Finder and Psychology Lab

The provider groups the features into labs. The pricing page lists everything as included in the single plan, with no extra cost for any report.

• Chart Lab and trade analytics: breaks your history into reports and charts and lets you filter by instrument, setup, direction, holding time, weekday or hour.
• Edge Finder: scans your journal automatically. The pricing page says it runs “every Sunday” and delivers a performance and mistake scan.
• Psychology Lab: record your emotional state for each trade, keep a diary with screenshots and see what impatience or revenge trading actually cost you.
• Tiltmeter: shows how often you break your trading rules, according to the provider.
• Session report cards and checklists: rate a trading day and measure how often you follow your own setup checklist.
• Missed trades: record setups you did not take. Often that is the more revealing half.
• Portfolio page: combined statistics across all your journals and accounts.

Strategy Lab: simulator and backtester

The Trade Simulator projects your own statistics forward. You set a number of runs and trades, and the software plays out possible equity curves from your win rate and reward-to-risk ratio. The result is a conditional illustration: it shows how long a losing streak can get if those inputs stay true, not a forecast.

The backtester is a manual record, not a strategy engine. According to Edgewonk’s own backtester description, you write down the rules and enter the outcome of each test trade yourself, in R, money or percent. Two outcome columns let you compare two variants, for example two stop placements. The changelog also lists imports of TradingView backtest results. For bar-by-bar testing on historical prices, use a dedicated tool such as Bar Replay in TradingView.

The software is clearly being developed. Edgewonk’s public changelog lists seven updates between July 22 and October 7, 2026, including import fixes, custom layouts, a recycle bin for journals and templates.

Supported markets, brokers and auto sync

Edgewonk covers all major markets. The pricing page names forex, stocks, futures, crypto, indices, commodities and options; the import list adds CFD brokers and prop firms.

Most imports are fast file imports. The import list includes Interactive Brokers, Charles Schwab, Fidelity, E-Trade, Webull, TradeStation, tastytrade, NinjaTrader, Tradovate, Saxo, IG, cTrader, Quantower and Sierra Chart, and in India Dhan and ICICI Direct. You export your trades and upload them; according to the provider, more than 1,000 trades take under 12 seconds. If your platform is missing, an Excel template is the fallback.

Auto sync exists for MetaTrader. The import page states auto sync “for all other MetaTrader 4 and MetaTrader 5 brokers and prop firms”. On August 5, 2026 the changelog added an MT5 auto import through an Expert Advisor, which the provider describes as read-only: it “cannot open, modify, or close trades”. Older reviews that say Edgewonk has no auto sync are out of date for MetaTrader users.

You can also move from another journal. The import list includes Tradervue, TraderSync and TradeZella as sources, and TradingView for paper trading only.

Prop traders are covered. The list names firms such as FTMO, FundedNext, Funding Pips, E8 Funding, The 5%ers and Topstep X, and one account can hold unlimited broker and prop firm journals. If you run several challenges at once, separate journals with a combined view show whether a loss came from your setup or from the firm’s rules.

Edgewonk pricing: monthly or yearly, same features

Edgewonk sells one package with every feature included, billed monthly or yearly. There are no tiers. According to the pricing page, the only difference between the two plans is the subscription length and the price.

	Monthly plan	Annual plan
Price	$35 every month	$197 every 12 months
UK example with VAT	$42.00	$236.40
Features	all	all
Free trial	none	none
Refund	14-day refund period, according to the home page	same
Accounts	unlimited	unlimited

From the Edgewonk pricing page and its home page, seen October 25, 2026. Prices are in US dollars; EU and UK buyers pay VAT, and the page lists the VAT-inclusive price for each country.

Keep the two billing periods apart. The annual plan works out at about $16.40 a month, but you pay $197 up front. The monthly plan costs $35 each month; twelve months at that rate would cost $420, which is why the pricing page labels the annual plan “save 53%”.

The offer has changed twice since August. The German edition of this review, dated August 31, 2026, showed 16 months for $197. On October 3, 2026 the page sold 12 months for $197 and no monthly plan; the monthly plan was there when we checked on October 25, 2026.

Refund, renewal and cancellation

There is no trial, but there is a refund window. Edgewonk’s home page advertises a 14-day refund period. On October 3, 2026 the pricing page also promised a 14-day money-back guarantee; on October 25 that wording was no longer on the pricing page, so check the refund terms at checkout. Separately, the terms describe the statutory right of withdrawal for consumers, which can end early for digital content. In practice: buy, import real trades and decide within two weeks.

You cancel at the end of the period, and Edgewonk sends a reminder. According to the pricing FAQ, you receive an email before renewal with the option to cancel. After cancelling, “you will no longer be able to log into” the journal, so save your data and screenshots before the period ends.

Edgewonk reviews: what users report

On Trustpilot, Edgewonk had 4.7 out of 5 from 44 reviews on October 3, 2026. 98 percent gave five stars and 2 percent one star. According to Trustpilot, the company had not invited customers recently.

Forty-four reviews are a small, self-selected sample. Larger competitors collect hundreds or thousands. A high average cannot show whether the software suits you, and it does not rule out problems that users simply did not post there.

Among the reviews we read, three points came up repeatedly. Reviewers praise the depth of the reports, how well they adapt to their own setups and the effect of finally seeing which habit costs money. Criticism concerns the data entry when a broker is not directly connected.

Edgewonk or TradeZella? Alternatives compared

The alternatives differ mainly in imports, trial and refund terms, and how they bill.

• TradeZella: three tiers with AI agents and Prop Firm Sync, billed monthly or yearly, but no trial and no refunds. See our TradeZella review.
• TraderSync: 195 of 503 broker-list entries marked for autosync (October 25, 2026), Market Replay in every plan and a seven-day trial, but no refunds. See our TraderSync review.
• Tradervue: strong charts and MFE/MAE, but net P&L needs its Gold plan and only 5 of 82 list entries import automatically. See our Tradervue review.
• A spreadsheet: free in Google Sheets or LibreOffice; formulas and imports need your own setup. Our journal guide lists the columns.

Edgewonk’s position: psychology first, with a refund period. It focuses on behavior and psychology, and it is the only one of these four that advertises a refund period. Its $197 annual price is not the lowest in every case: TraderSync advertised its Pro plan at $179.64 for a year on October 25, 2026. In return Edgewonk has no trial, a manual backtester and no app.

All six tools side by side, with a decision guide: our trading journal software comparison.

Pros and cons of Edgewonk

Pros

• Depth of analysis: metrics against almost any trade feature, plus the automatic Edge Finder.
• Psychology built in: emotions, diary, Tiltmeter and rule checklists are core features.
• One plan, everything included: no feature tiers and unlimited accounts.
• 14-day refund period: the only advertised refund window among the four tools we reviewed.
• Monthly or yearly: $35 a month to start, or $197 for 12 months with the same features.
• Auto sync for MetaTrader: plus fast imports from many brokers and other journals.
• Active development: seven changelog updates between July 22 and October 7, 2026.

Cons

• No trial: you pay before you can see the software, softened only by the refund period.
• Monthly costs more over a year: twelve months at $35 come to $420, against $197 for the annual plan.
• No mobile app: browser only.
• Manual backtester: you enter test outcomes yourself; it does not test rules on price data.
• Small samples: with few trades, the reports describe those trades but do not show an edge.
• No access after cancelling: save your data before the period ends.
• Small review base: only 44 public reviews.

Conclusion: who Edgewonk is worth it for

Edgewonk answers a question most traders never ask cleanly. Not whether the last trade was good, but which behavior costs money over a hundred trades. The Edge Finder and the psychology tools deliver that analysis ready-made; a homemade spreadsheet can do much of it only after a lot of setup work.

Know two things before you buy. First, there is no trial; you decide from screenshots and videos, then use the 14-day refund period or start with a single month at $35. Second, the reports describe the trades you enter: our two-trade test journal describes two trades and nothing more. Judging a setup needs a much larger sample, and even then the numbers describe the past, not a proven edge.

Our verdict: worth it for active traders with a fixed approach, especially MetaTrader and prop firm traders who get auto sync. If you trade irregularly or are still looking for a method, start with a spreadsheet or a tool with a trial.

Frequently asked questions about Edgewonk

How much does Edgewonk cost?

Edgewonk costs $35 a month or $197 for 12 months, with the same features. EU and UK buyers pay VAT on top, for example $42.00 a month or $236.40 a year in the UK (pricing page seen October 25, 2026).

Can I try Edgewonk for free?

No, there is no free trial or free plan. Instead, Edgewonk’s home page advertises a 14-day refund period; check the refund terms at checkout. Import your real trades during those two weeks to test it properly, or start with one monthly payment.

Does Edgewonk have an app?

No, Edgewonk has no native mobile app. It runs in the browser and can be opened on a tablet or phone, but small screens are less comfortable.

Does Edgewonk sync automatically with my broker?

For MetaTrader 4 and 5 brokers and prop firms, yes, according to the provider. Since August 2026 there is an MT5 auto import through an Expert Advisor. Most other brokers, including Interactive Brokers, use a fast file import.

Which markets can I journal in Edgewonk?

Forex, stocks, futures, crypto, indices, commodities and options, according to the pricing page. The import list also includes CFD brokers and prop firms such as FTMO.

What happens when I cancel Edgewonk?

The subscription ends at the end of the paid period, and after that you can no longer log in. Edgewonk sends a reminder email before renewal. Save your data before the period ends.

Edgewonk or TradeZella: which is better?

It depends on your focus and on how you want to buy. Edgewonk centers on behavior and emotions, sells one feature set monthly or yearly and advertises a 14-day refund period. TradeZella has three tiers with AI agents, but no trial and no refunds.

This review was written by Bjarne Claussen. Karsten Kagels reviewed the German edition and approved this English edition for publication. It is based on Edgewonk’s own pages checked on October 3, 2026, prices and terms rechecked on October 25, 2026, and two screenshots from a small test journal in our own account from February 2024, not on a long-term test. Prices and features change; check the provider’s pages before you buy. This is not investment advice.