BEST INVESTING TOOLS COMPARISON

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Checked September 24, 2026

Tool Comparison

FX Replay vs okama

Paid from
$17.99/mo
Free plan
Yes
Platforms
Web

Best if

  • You want paper trading and calendar.

okama

TestedOur pick for most investors
Review & pricing
Paid from
—
Free plan
Yes
Platforms
Web, API

Best if

  • You want an API so you can script or automate things
  • You want quant, portfolio, and correlation.

Pick FX Replay instead if

FX Replay logo

FX Replay

fxreplay.com

Free • From $17.99/mo · Web

  • You want paper trading and calendar.
Our pick for most investors

Start here

okama logo

okama

okama.ioTested

Free · Web · API

  • You want an API so you can script or automate things
  • You want quant, portfolio, and correlation.

Skip both if: Neither one clicks with how you research; there are strong third options.

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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

FX Replay and okama cover a lot of the same ground (4 shared categories, including backtesting, data visualizations, and risk metrics), so for the basics you won't go far wrong with either. okama simply does more: 10 categories to FX Replay's 6, including quant, portfolio, and correlation. FX Replay counters by keeping things simpler.

What readers say

FX Replay

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okama

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Key differences at a glance

API access
okama
Broader coverage
okama10 vs 6 categories
Free plan
Both
See the full side-by-side table
FX Replay logo

What FX Replay does best

  1. Manual backtesting and bar replay with one-minute data, with seconds-level data available on Pro.
  2. Replay forex, index, energy, agricultural, crypto, futures, and stock sessions in a browser.
  3. Data sourced from Dukascopy and OANDA for FX and CME for futures.
  4. Run MultiPair sessions with up to five assets at the same time.
  5. Use two charts on Intermediate.
okama logo

What okama does best

  1. Web widgets for efficient frontier visualization, asset comparison, and adjusted monthly portfolio risk/return analysis.
  2. Python tools for constrained mean-variance optimization, multi-period efficient frontiers, rebalancing constraints, and portfolio simulations.
  3. Risk analysis with VaR, CVaR, semideviation, drawdowns, volatility, correlations, and related statistics.
  4. Monte Carlo simulations and wealth-index forecasts with percentile bands.
  5. Contribution and withdrawal modeling for portfolio paths and retirement scenarios.

Side by side

Pricing & plans
Starting price
Free • From $17.99/mo
Free
Free tier
Yes
Yes
Free trial
—
—
Platforms & access
Web app
Yes
Yes
Mobile app
No
No
API access
No
Yes
Broker sync
No
No
Coverage & data
Asset types
StocksCurrenciesFuturesCommoditiesCryptos
StocksETFsCommoditiesCurrenciesMutual Funds
Data freshness
End of Day
End of Day
Data granularity
SecondMinuteEOD
EOD

Pricing comparison

Tier
okamaCheaper start
Free plan
Free“Beginner”
Free
Entry paid plan
$17.99/mo“Intermediate”
—
Top plan
$35/mo“Pro”
—

See for yourself

Side by side

Price, platforms, data, and market coverage.
Show
Side-by-side comparison of FX Replay and okama
Attribute
FX Replay logo
FX Replay
okama logo
okama
Pricing & plans
Starting price
Free • From $17.99/moFree
Free tier
YesYes
Free trial
——
Plan limits
11 limits: Intermediate: annual price: $180/year, Intermediate: sessions: 10 +9 more—
Platforms & access
Web app
YesYes
Mobile app
NoNo
API access
NoYes
Broker sync
NoNo
Audience & fit
Experience level
Beginner, Intermediate, AdvancedBeginner, Intermediate, Advanced
Best for
——
Categories covered
610
Regions
North America, Europe, APAC, LatAm, Middle East, AfricaNorth America, Europe, APAC, Middle East
Data & capabilities
Data quality
Latency: End of Day and Granularity: Second, Minute, and EOD3 signals: Latency: End of Day, Granularity: EOD +1 more
Capabilities
Monte Carlo4 signals: VaR/ES, Monte Carlo +2 more
Try itVisit FX ReplayVisit okama

Standout features

The best features of FX Replay and okama.
Show
FX Replay logo

What FX Replay does best

  1. Manual backtesting and bar replay with one-minute data, with seconds-level data available on Pro.
  2. Replay forex, index, energy, agricultural, crypto, futures, and stock sessions in a browser.
  3. Data sourced from Dukascopy and OANDA for FX and CME for futures.
  4. Run MultiPair sessions with up to five assets at the same time.
  5. Use two charts on Intermediate.
okama logo

What okama does best

  1. Web widgets for efficient frontier visualization, asset comparison, and adjusted monthly portfolio risk/return analysis.
  2. Python tools for constrained mean-variance optimization, multi-period efficient frontiers, rebalancing constraints, and portfolio simulations.
  3. Risk analysis with VaR, CVaR, semideviation, drawdowns, volatility, correlations, and related statistics.
  4. Monte Carlo simulations and wealth-index forecasts with percentile bands.
  5. Contribution and withdrawal modeling for portfolio paths and retirement scenarios.

All details

Every attribute we track for FX Replay and okama.
Show
Attribute
FX Replay logo
FX Replay
okama logo
okama
Coverage & fit
Asset types
StocksCurrenciesFuturesCommoditiesCryptos
StocksETFsCommoditiesCurrenciesMutual Funds
Experience
BeginnerIntermediateAdvanced
BeginnerIntermediateAdvanced
Regions
North AmericaEuropeAPACLatAmMiddle EastAfrica
North AmericaEuropeAPACMiddle East
Coverage details
Exchanges: XCMEIdentifiers: Ticker
Identifiers: Ticker
Data
Data freshness
End of Day
End of Day
Data granularity
SecondMinuteEOD
EOD
Access & integrations
API protocols
Not specified
REST
API auth & delivery
Not specified
Auth: NoneSDKs: Python
Import methods
CSV
Not specified
Plans & trust
Capability signals
Monte Carlo
VaR/ESMonte CarloRebalancingCorrelation
Vendor & support
FX ReplayFounded 2022Support: Email and Forum
MBK Development LLCSupport: Forum
Curation ratings
Methodology 3/5Reliability 3/5UX 4/5
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.
Show
Plan-by-plan pricing comparison of FX Replay and okama
Tier
FX Replay logo
FX Replay
okama logo
okamaCheaper start
Free plan
Free“Beginner”
Free
Entry paid plan
$17.99/mo“Intermediate”annual price: $180/year · sessions: 10 · +4 more
—
Top plan
$35/mo“Pro”annual price: $350/year · sessions: Unlimited · +3 more
—

Questions we keep getting

What's the difference between FX Replay and okama?

FX Replay leans toward backtesting, paper trading, and data visualizations, while okama puts more weight on quant, data visualizations, and portfolio. They overlap in 4 categories, so for most people it comes down to workflow preference and price.

How much do FX Replay and okama cost?

Good news: both FX Replay and okama have free plans, so you can run them side by side and only pay if you hit a wall.

Does FX Replay or okama have an API?

okama has an API for programmatic access and custom integrations. FX Replay doesn't, so you're working through its interface.

Should I choose FX Replay or okama?

It depends on what you're after. Pick FX Replay if paper trading and calendar matter to you; go with okama if you'd rather have quant and portfolio. And if you only need the basics both share, let price decide.

What asset classes do FX Replay and okama cover?

Both cover stocks, currencies, and commodities. FX Replay also handles futures and cryptos. okama adds ETFs and mutual funds on top.

Can I track my portfolio with FX Replay or okama?

okama handles portfolio tracking. FX Replay is really a research tool; you'd track your portfolio elsewhere.

Feedback

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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.