Tool Comparison
okama vs Testfol.io
- Paid from
- —
- Free plan
- Yes
- Platforms
- Web, API
Best if
- You want an API so you can script or automate things
- You want data visualizations, portfolio, and monte carlo.
- You're newer to investing and want something approachable
- Paid from
- $15/mo
- Free plan
- Yes
- Platforms
- Web
Best if
- You want compounding calculator.
- 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 data visualizations, portfolio, and monte carlo.
- You're newer to investing and want something approachable
Pick Testfol.io instead if
Testfol.io
Free • From $15/mo · Web
- You want compounding calculator.
- You're a long-term investor who cares more about fundamentals than headlines
Skip both if: Neither one clicks with how you research; there are strong third options.
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Our take
The bottom line
okama and Testfol.io cover a lot of the same ground (4 shared categories, including quant, correlation, and backtesting), so for the basics you won't go far wrong with either. okama simply does more: 10 categories to Testfol.io's 5, including data visualizations, portfolio, and monte carlo. Testfol.io counters by keeping things simpler.
What readers say
okama
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Testfol.io
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Key differences at a glance
- Asset coverage
- okamaAdds commodities and currencies
- Free trial
- Testfol.io7 days
- Broader coverage
- okama10 vs 5 categories
- API access
- okama
- Beginner friendly
- okama
- Free plan
- Both
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.
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 | Free | Free • From $15/mo |
Free tier | Yes | Yes |
Free trial | — | 7 days |
Plan limits | — | 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 | Yes | Yes |
Mobile app | No | No |
API access | Yes | No |
Broker sync | No | — |
| Audience & fit | ||
Experience level | Beginner, Intermediate, Advanced | Intermediate, Advanced |
Best for | — | Retail Traders, Pro Retail +2 more |
Categories covered | 10 | 5 |
Regions | North America, Europe, APAC, Middle East | — |
| Data & capabilities | ||
Data quality | 3 signals: Latency: End of Day, Granularity: EOD +1 more | Latency: End of Day and Granularity: EOD |
Data partners | — | FRED |
Capabilities | 4 signals: VaR/ES, Monte Carlo +2 more | Rebalancing and Correlation |
| Try it | Visit okama | Visit Testfol.io |
Standout features
The best features of okama and Testfol.io.ShowHide
Standout features
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.
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 okama and Testfol.io.ShowHide
All details
| Attribute | ||
|---|---|---|
| Coverage & fit | ||
Asset types | StocksETFsCommoditiesCurrenciesMutual Funds | StocksETFsMutual Funds |
Experience | BeginnerIntermediateAdvanced | IntermediateAdvanced |
Target audience | Not specified | Retail TradersPro RetailLong-term InvestorsQuants/Developers |
Regions | North AmericaEuropeAPACMiddle East | Not specified |
Coverage details | Identifiers: Ticker | Identifiers: Ticker |
| Data | ||
Data freshness | End of Day | End of Day |
Data granularity | EOD | EOD |
Data partners | Not specified | FRED |
| Access & integrations | ||
API protocols | REST | Not specified |
API auth & delivery | Auth: NoneSDKs: Python | Not specified |
Export formats | Not specified | CSV |
| Plans & trust | ||
Capability signals | VaR/ESMonte CarloRebalancingCorrelation | RebalancingCorrelation |
Vendor & support | MBK Development LLCSupport: Forum | Support: Email |
Curation ratings | Methodology 4/5Reliability 4/5UX 3/5 | Not specified |
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“Free (Anonymous)”note: Some tools (e.g., Signal Analyzer) require sign-in. |
| Entry paid plan | — | $15/mo“Pro”annual price usd: 150 · annual monthly equivalent usd: 12.5 · +1 more |
| Tier 2 | — | $30/mo“Pro+”annual price usd: 300 · annual monthly equivalent usd: 25 · +3 more |
| Top plan | — | $960/yr≈ $80/mo“Max”billed: Annually |
| Free trial | — | 7 days |
Alternatives
Free alternatives
Questions we keep getting
What's the difference between okama and Testfol.io?
okama leans toward quant, data visualizations, and portfolio, 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.
How much do okama and Testfol.io cost?
Good news: both okama and Testfol.io have free plans, so you can run them side by side and only pay if you hit a wall.
Which is better for beginners: okama or Testfol.io?
okama is the friendlier place to start; its interface takes less getting used to. Both work fine once you're past the basics.
Does okama or Testfol.io have an API?
okama has an API for programmatic access and custom integrations. Testfol.io doesn't, so you're working through its interface.
Should I choose okama or Testfol.io?
It depends on what you're after. Pick okama if data visualizations and portfolio 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 okama and Testfol.io cover?
Both cover stocks, ETFs, and mutual funds. okama also handles commodities and currencies.
Can I export data from okama and Testfol.io?
Testfol.io exports to CSV. okama is stingier about getting data out.
Can I track my portfolio with okama or Testfol.io?
okama handles portfolio tracking. Testfol.io is really a research tool; you'd track your portfolio elsewhere.
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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.