VOL. XCIV, NO. 247
BEST INVESTING TOOLS COMPARISON
Source checks: Curvo Backtest checked September 30, 2026 · okama checked September 24, 2026
Tool Comparison
Curvo Backtest vs okama
- Paid from
- —
- Free plan
- Yes
- Platforms
- Web
Best if
- You're a long-term investor who cares more about fundamentals than headlines
- Paid from
- —
- Free plan
- Yes
- Platforms
- Web, API
Best if
- You want an API so you can script or automate things
- You want quant, APIs & data feeds, and ETF analysis.
- You've outgrown the basics and want pro-level depth
Pick Curvo Backtest instead if
Curvo Backtest
Free · Web
- You're a long-term investor who cares more about fundamentals than headlines
Start here
okama
Free · Web · API
- You want an API so you can script or automate things
- You want quant, APIs & data feeds, and ETF analysis.
- You've outgrown the basics and want pro-level depth
Skip both if: Neither one clicks with how you research; there are strong third options.
See alternativesOther tools you might like
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Not set on either one? See the top 50 tools, ranked by user votes, or the deals page for big discounts on popular tools.
Our take
The bottom line
Curvo Backtest and okama cover a lot of the same ground (6 shared categories, including backtesting, portfolio, and risk metrics), so for the basics you won't go far wrong with either. okama simply does more: 10 categories to Curvo Backtest's 6, including quant, APIs & data feeds, and ETF analysis. Curvo Backtest counters by being completely free.
What readers say
Curvo Backtest
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okama
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Key differences at a glance
- Asset coverage
- okamaAdds stocks and commodities
- Broader coverage
- okama10 vs 6 categories
- API access
- okama
- Free plan
- Both
What Curvo Backtest does best
- Set fund weights and compare allocations.
- Model returns using underlying index histories.
- Include each fund's TER in the simulation.
- Test allocation drift thresholds.
- Send a link to the portfolio setup.
What okama does best
- Web widgets for efficient frontier visualization, asset comparison, and adjusted monthly portfolio risk/return analysis.
- Python tools for constrained mean-variance optimization, multi-period efficient frontiers, rebalancing constraints, and portfolio simulations.
- Risk analysis with VaR, CVaR, semideviation, drawdowns, volatility, correlations, and related statistics.
- Monte Carlo simulations and wealth-index forecasts with percentile bands.
- Contribution and withdrawal modeling for portfolio paths and retirement scenarios.
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 | Free | Free |
Free tier | Yes | Yes |
Free trial | — | — |
| Platforms & access | ||
Web app | Yes | Yes |
Mobile app | No | No |
API access | No | Yes |
Broker sync | — | No |
| Audience & fit | ||
Experience level | Beginner, Intermediate | Beginner, Intermediate, Advanced |
Best for | Index/Passive Investors and Long-term Investors | — |
Categories covered | 6 | 10 |
Regions | Europe | North America, Europe, APAC, Middle East |
| Data & capabilities | ||
Data quality | Adjustments: TotalReturn and Pricing: Model | 3 signals: Latency: End of Day, Granularity: EOD +1 more |
Capabilities | Monte Carlo and Rebalancing | 4 signals: VaR/ES, Monte Carlo +2 more |
| Try it | Visit Curvo Backtest | Visit okama |
Standout features
The best features of Curvo Backtest and okama.ShowHide
Standout features
What Curvo Backtest does best
- Set fund weights and compare allocations.
- Model returns using underlying index histories.
- Include each fund's TER in the simulation.
- Test allocation drift thresholds.
- Send a link to the portfolio setup.
What okama does best
- Web widgets for efficient frontier visualization, asset comparison, and adjusted monthly portfolio risk/return analysis.
- Python tools for constrained mean-variance optimization, multi-period efficient frontiers, rebalancing constraints, and portfolio simulations.
- Risk analysis with VaR, CVaR, semideviation, drawdowns, volatility, correlations, and related statistics.
- Monte Carlo simulations and wealth-index forecasts with percentile bands.
- Contribution and withdrawal modeling for portfolio paths and retirement scenarios.
All details
Every attribute we track for Curvo Backtest and okama.ShowHide
All details
| Attribute | ||
|---|---|---|
| Coverage & fit | ||
Asset types | ETFsMutual Funds | StocksETFsCommoditiesCurrenciesMutual Funds |
Experience | BeginnerIntermediate | BeginnerIntermediateAdvanced |
Target audience | Index/Passive InvestorsLong-term Investors | Not specified |
Regions | Europe | North AmericaEuropeAPACMiddle East |
Coverage details | Identifiers: ISIN and Ticker | Identifiers: Ticker |
| Data | ||
Data freshness | Not specified | End of Day |
Data granularity | Not specified | EOD |
Pricing sources | Model | Not specified |
| Access & integrations | ||
API protocols | Not specified | REST |
API auth & delivery | Not specified | Auth: NoneSDKs: Python |
| Plans & trust | ||
Capability signals | Monte CarloRebalancing | VaR/ESMonte CarloRebalancingCorrelation |
Vendor & support | Not specified | MBK Development LLCSupport: Forum |
Curation ratings | Not specified | Methodology 4/5Reliability 4/5UX 3/5 |
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 |
Alternatives
Free alternatives
Questions we keep getting
What's the difference between Curvo Backtest and okama?
Curvo Backtest leans toward backtesting, portfolio, and risk metrics, while okama puts more weight on quant, data visualizations, and portfolio. They overlap in 6 categories, so for most people it comes down to workflow preference and price.
How much do Curvo Backtest and okama cost?
Good news: both Curvo Backtest and okama have free plans, so you can run them side by side and only pay if you hit a wall.
Which is better for beginners: Curvo Backtest or okama?
Honestly, neither is aimed at beginners. Expect a learning curve either way; that's the trade-off for the depth they offer.
Does Curvo Backtest or okama have an API?
okama has an API for programmatic access and custom integrations. Curvo Backtest doesn't, so you're working through its interface.
Should I choose Curvo Backtest or okama?
It depends on what you're after. Pick Curvo Backtest if you prefer its overall approach; go with okama if you'd rather have quant and APIs & data feeds. And if you only need the basics both share, let price decide.
What asset classes do Curvo Backtest and okama cover?
Both cover ETFs and mutual funds. okama adds stocks, commodities, and currencies on top.
Can I track my portfolio with Curvo Backtest or okama?
Yes, both do portfolio tracking: holdings, performance, and allocation in one place.
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Curation & Accuracy
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.