Tool Comparison
AmiBroker vs Testfol.io
- Paid from
- —
- Free plan
- No
- Platforms
- Desktop
Best if
- Delayed quotes won't cut it; you need real-time data
- You want data visualizations, screeners, and monte carlo.
- You trade often and need tooling built for speed
- Paid from
- $15/mo
- Free plan
- Yes
- Platforms
- Web
Best if
- You'd rather start free and only pay if you outgrow it
- You want compounding calculator.
- You're a long-term investor who cares more about fundamentals than headlines
Start here
AmiBroker
One-time · Desktop
- Delayed quotes won't cut it; you need real-time data
- You want data visualizations, screeners, and monte carlo.
- You trade often and need tooling built for speed
Pick Testfol.io instead if
Testfol.io
Free • From $15/mo · Web
- You'd rather start free and only pay if you outgrow it
- You want compounding calculator.
Skip both if: Neither one clicks with how you research; there are strong third options.
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Our take
The bottom line
AmiBroker and Testfol.io cover a lot of the same ground (4 shared categories, including backtesting, quant, and risk metrics), so for the basics you won't go far wrong with either. AmiBroker simply does more: 11 categories to Testfol.io's 5, including data visualizations, screeners, and monte carlo. Testfol.io counters by letting you start free.
What readers say
AmiBroker
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Testfol.io
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Key differences at a glance
- Free plan
- Testfol.io
- Broader coverage
- AmiBroker11 vs 5 categories
- Desktop app
- AmiBroker
- Real-time data
- AmiBroker
What AmiBroker does best
- Charts support indicators, drawing tools, multiple time frames, and configurable bar intervals.
- AFL scripting to create custom indicators, explorations, trading systems, scans, and portfolio backtests.
- Portfolio backtests support position sizing, account constraints, equity and drawdown charts, custom reports, and custom procedures.
- Validation tools include optimization, walk-forward testing, and Monte Carlo simulation.
- Scans and explorations filter the local database and export results to CSV.
What Testfol.io does best
- Tools for building multi-asset portfolio backtests using ETFs, mutual funds, stocks, cashflow legs, and rebalancing controls such as rebalance bands.
- Review performance and risk statistics such as cumulative return, CAGR, money-weighted return, max drawdown, volatility, Sharpe, Sortino, and beta.
- Asset Analyzer for historical performance analysis and daily-return correlations.
- Testing tools for tactical allocation rules that swap between allocations using documented indicators, trading frequency, offsets, cashflows, benchmarks, and current-status views.
- Portfolio Optimizer searches for asset allocation and use choices based on user-provided inputs.
Side by side
Pricing comparison
See for yourself
Side by side
Price, platforms, data, and market coverage.ShowHide
Side by side
| Attribute | ||
|---|---|---|
| Pricing & plans | ||
Starting price | One-time | Free • From $15/mo |
Free tier | No | Yes |
Free trial | 30 days | 7 days |
Plan limits | 8 limits: Standard Edition: real time quote symbols: 10, Standard Edition: time and sales symbols: 1 +6 more | 10 limits: Free (Anonymous): note: Some tools (e.g., Signal Analyzer) require sign-in., Pro: annual price usd: 150 +8 more |
| Platforms & access | ||
Web app | No | Yes |
Desktop app | Yes | No |
Mobile app | No | No |
API access | No | No |
Broker sync | Yes | — |
Integrations | Interactive Brokers, IQFeed +5 more | — |
| Audience & fit | ||
Experience level | Intermediate, Advanced | Intermediate, Advanced |
Best for | Retail Traders, Pro Retail +4 more | Retail Traders, Pro Retail +2 more |
Categories covered | 11 | 5 |
Regions | — | — |
| Data & capabilities | ||
Data quality | 3 signals: Latency: End of Day and Streaming, Granularity: EOD, Minute, Second, and Tick +1 more | Latency: End of Day and Granularity: EOD |
Data partners | — | FRED |
Capabilities | — | Rebalancing and Correlation |
| Try it | Visit AmiBroker | Visit Testfol.io |
Standout features
The best features of AmiBroker and Testfol.io.ShowHide
Standout features
What AmiBroker does best
- Charts support indicators, drawing tools, multiple time frames, and configurable bar intervals.
- AFL scripting to create custom indicators, explorations, trading systems, scans, and portfolio backtests.
- Portfolio backtests support position sizing, account constraints, equity and drawdown charts, custom reports, and custom procedures.
- Validation tools include optimization, walk-forward testing, and Monte Carlo simulation.
- Scans and explorations filter the local database and export results to CSV.
What Testfol.io does best
- Tools for building multi-asset portfolio backtests using ETFs, mutual funds, stocks, cashflow legs, and rebalancing controls such as rebalance bands.
- Review performance and risk statistics such as cumulative return, CAGR, money-weighted return, max drawdown, volatility, Sharpe, Sortino, and beta.
- Asset Analyzer for historical performance analysis and daily-return correlations.
- Testing tools for tactical allocation rules that swap between allocations using documented indicators, trading frequency, offsets, cashflows, benchmarks, and current-status views.
- Portfolio Optimizer searches for asset allocation and use choices based on user-provided inputs.
All details
Every attribute we track for AmiBroker and Testfol.io.ShowHide
All details
| Attribute | ||
|---|---|---|
| Coverage & fit | ||
Asset types | StocksFuturesMutual FundsCurrencies | StocksETFsMutual Funds |
Experience | IntermediateAdvanced | IntermediateAdvanced |
Target audience | Retail TradersPro RetailDay TradersSwing TradersAlgo TradersQuants/Developers | Retail TradersPro RetailLong-term InvestorsQuants/Developers |
Coverage details | Identifiers: Ticker | Identifiers: Ticker |
| Data | ||
Data freshness | End of DayStreaming | End of Day |
Data granularity | EODMinuteSecondTick | EOD |
Data partners | Not specified | FRED |
| Access & integrations | ||
Integrations | Interactive BrokersIQFeedeSignalQChartsDDEODBC/SQLOLE Automation (COM) | Not specified |
Export formats | CSV | CSV |
| Plans & trust | ||
Capability signals | Not specified | RebalancingCorrelation |
Vendor & support | AmiBroker.comCountry: PolandSupport: Email | Support: Email |
Green tags are exclusive to that tool in this comparison.
Pricing
Plans, billing, free trials, and monthly prices.ShowHide
Pricing
| Tier | ||
|---|---|---|
| Free plan | — | Free“Free (Anonymous)”note: Some tools (e.g., Signal Analyzer) require sign-in. |
| Entry paid plan | $299 once“Standard Edition”real time quote symbols: 10 · time and sales symbols: 1 · +2 more | $15/mo“Pro”annual price usd: 150 · annual monthly equivalent usd: 12.5 · +1 more |
| Tier 2 | $379 once“Professional Edition”real time quote symbols: Unlimited · time and sales symbols: Unlimited · +2 more | $30/mo“Pro+”annual price usd: 300 · annual monthly equivalent usd: 25 · +3 more |
| Top plan | $499 once“Ultimate Pack Pro” | $960/yr≈ $80/mo“Max”billed: Annually |
| Free trial | 30 days | 7 days |
Alternatives
Free alternatives
Questions we keep getting
What's the difference between AmiBroker and Testfol.io?
AmiBroker leans toward data visualizations, screeners, and backtesting, while Testfol.io puts more weight on backtesting, correlation, and risk metrics. They overlap in 4 categories, so for most people it comes down to workflow preference and price.
Is AmiBroker or Testfol.io free to use?
Testfol.io has a free tier, so you can get started without paying anything. AmiBroker is paid-only. If budget matters, start with Testfol.io and see how far it takes you before opening your wallet.
Should I choose AmiBroker or Testfol.io?
It depends on what you're after. Pick AmiBroker if data visualizations and screeners matter to you; go with Testfol.io if you'd rather have compounding calculator. And if you only need the basics both share, let price decide.
What asset classes do AmiBroker and Testfol.io cover?
Both cover stocks and mutual funds. AmiBroker also handles futures and currencies. Testfol.io adds ETFs on top.
Does AmiBroker or Testfol.io have real-time data?
AmiBroker offers real-time data, which matters if you trade actively. Testfol.io runs on delayed or end-of-day data, which is perfectly fine for longer-term investors who don't live and die by the tick.
Can I export data from AmiBroker and Testfol.io?
Yes, both export to spreadsheets (CSV), which is handy if you like running your own numbers.
Is AmiBroker or Testfol.io better for day trading?
AmiBroker is the one positioned more for active traders. Testfol.io is the better fit if you care less about fast trading workflows and more about a calmer research process.
Which has a better stock screener: AmiBroker or Testfol.io?
AmiBroker has a stock screener for surfacing ideas; Testfol.io doesn't, and focuses its energy elsewhere.
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This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).
Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.