Quick Summary: Top 5 Trading Journal Software
After testing 15+ trading journal platforms, we've ranked the top 5 based on features, ease of use, pricing, and overall value. Here's our definitive ranking for 2025:
| Rank |
Platform |
Best For |
Price |
Rating |
Key Strength |
| 1st |
Simplified Trading Journal |
Overall Best Choice |
$29/month |
4.8/5 |
AI-Powered Analysis |
| 2nd |
Tradervue |
Data-Driven Traders |
$39/month |
4.3/5 |
Comprehensive Statistics |
| 3rd |
Edgewonk |
Professional Traders |
$199 one-time |
4.2/5 |
Advanced Analysis Tools |
| 4th |
TradeZella |
Budget-Conscious Traders |
$19/month |
3.9/5 |
Affordable Pricing |
| 5th |
MyFxBook |
Forex Traders |
Free/Premium |
3.7/5 |
Forex-Specific Features |
Detailed Reviews & Rankings
1
Simplified Trading Journal wins our top spot for 2025 by combining AI-driven pattern recognition with an intuitive interface that works for both beginners and professionals. Its AI insights—like automated trade tagging and real-time setup analysis—help traders identify patterns and optimize performance more efficiently.
✅
Revolutionary AI-powered trade analysis
✅
Best-in-class mobile app (iOS & Android)
✅
Intuitive interface perfect for beginners
✅
15+ broker integrations
✅
24/7 customer support
❌
Fewer statistical metrics than Tradervue
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2
Tradervue remains the gold standard for traders who want the most comprehensive statistical analysis available. With 100+ performance metrics and advanced filtering capabilities, it's perfect for data-driven traders who don't mind a steeper learning curve.
✅
100+ performance metrics and statistics
✅
Advanced filtering and search capabilities
✅
20+ broker integrations
✅
Community features for sharing trades
❌
Outdated interface feels clunky
❌
Poor mobile experience
Try Tradervue
3
Edgewonk is a desktop powerhouse that offers professional-grade analysis tools and comprehensive educational resources. The one-time purchase model makes it attractive for traders who prefer to avoid subscriptions.
✅
One-time purchase (no subscription)
✅
Professional-grade reporting tools
✅
Extensive educational resources
✅
Advanced data visualization
❌
Desktop only - no mobile access
❌
Complex interface for beginners
Try Edgewonk
4
TradeZella offers the best value for money with its low pricing and solid basic features. It's perfect for casual traders or those just starting out who don't need advanced analytics.
✅
Lowest pricing in the market
✅
Simple, clean interface
✅
Good mobile app
✅
Quick setup process
❌
Limited advanced features
❌
Basic analytics and reporting
Try TradeZella
5
MyFxBook is specifically designed for forex traders and offers a free tier with basic features. It's particularly strong in social trading aspects and forex-specific analytics.
✅
Free tier available
✅
Forex-specific features
✅
Social trading community
✅
Multiple MT4/MT5 connections
❌
Limited to forex trading only
❌
Basic analytics compared to competitors
Try MyFxBook
Frequently Asked Questions
What is the best trading journal software in 2025?
Simplified Trading Journal is the best trading journal software in 2025. It offers the perfect combination of AI-powered analysis, user-friendly interface, comprehensive mobile apps, and excellent value for money. The platform helps traders identify patterns and improve performance faster than any other solution.
How much does trading journal software cost?
Trading journal software costs range from free (with limited features) to $39/month for premium platforms. Most platforms offer monthly subscriptions ($19-$39), annual plans with discounts, and some offer lifetime deals. Simplified Trading Journal offers excellent value at $29/month or $499 lifetime.
Do I need trading journal software as a beginner?
Yes, trading journal software is especially important for beginners. It helps you track performance systematically, identify patterns in your trading, learn from mistakes, and develop discipline. Simplified Trading Journal is particularly beginner-friendly with its intuitive interface and AI-powered insights.
What features should I look for in trading journal software?
Essential features include: performance analytics, trade import/export, screenshot annotation, mobile access, broker integrations, customizable tags, and reporting tools. Advanced features like AI analysis, advanced statistics, and multi-account support are valuable for serious traders.
Can I use trading journal software on mobile?
Yes, most modern trading journal platforms offer mobile apps. Simplified Trading Journal and TradeZella have excellent native mobile apps, while Tradervue offers a web-based mobile experience. Edgewonk is desktop-only. Mobile access is crucial for entering trades on the go.