NewPro plan is now live — unlock advanced trading analytics today

TraderSync alternative

A simpler, more accessible TraderSync alternative

TraderWaves brings journaling, analytics, historical backtesting and Wave AI into one connected workspace. Start with a forever-free plan, or access the complete Pro workflow without moving through multiple premium tiers.

TraderWaves analytics and journal dashboard
Trusted by 50k+ traders worldwide
4.8See Reviews

Feature comparison

TraderWaves vs TraderSync: features at a glance

Compare the access, workflow and specialist tools that matter most.

Free access

TraderWaves
Forever-free plan, no credit card
TraderSync
7 day trial

Accounts

TraderWaves
3 on Essential; unlimited on Pro
TraderSync
✓ 5 on Pro; unlimited on Premium and Elite

Auto-sync & CSV imports

TraderWaves
Included (all plans)
TraderSync

Journaling

TraderWaves
Included
TraderSync

Analytics & Advanced metrics

TraderWaves
Included
TraderSync

Charts/ Trade Replay

TraderWaves
Included (all plans)
TraderSync

AI Coach

TraderWaves
Wave Coach, AI insights and AI filtering
TraderSync
✓ Cypher Assistant (daily limits); Coach on Elite

Mobile apps

TraderWaves
iOS and Android
TraderSync
✓ iOS and Android

Configurable Alerts

TraderWaves
Included
TraderSync
-

Leaderboard & Commmunity

TraderWaves
Included
TraderSync
-

Free Pro route

TraderWaves
TraderSync
-

* Features, pricing, ratings, and review counts are based on publicly available information at the time of writing and may change.

Trusted by traders

Compare customer feedback for TraderWaves and TraderSync.

TraderWaves: 4.8 out of 5, 400+ reviews. VS TraderSync: 4.4 out of 5, 300+ reviews.

Trustpilot ratings and review totals checked in July 2026 and may change.

Free to start. Free to stay.

A trading process takes longer than seven days to build

Seven days may be enough to explore an interface. It is rarely enough to collect meaningful data, build a consistent journaling habit or understand the patterns affecting your performance.

Parallel free-access timelines. TraderSync and TraderWaves both begin on Day 1. TraderSync ends after seven days. TraderWaves Essential continues free.

TraderSync trial

7-day free trial

  1. Day 1

  2. Day 7

    Trial ends

TraderWaves Essential

Free forever

No credit card required

  1. Day 1

    Start importing

  2. Day 7

    Free access continues

  3. Month 1

    Build a consistent journaling habit

  4. Month 3

    Identify meaningful patterns

  5. Keep going

    Continue reviewing and improving

  6. Continues

Pricing and plan access

Plan structure at a glance

TraderSync spreads accounts, Trade Replay, AI coaching and specialist replay tools across three paid subscriptions. TraderWaves keeps it straightforward: Essential stays free, and Pro unlocks the full connected workflow in one step.

Recommended

Accessible by design

TraderWaves

Essential

Free forever

Not a trial · No credit card required

  • 3 Trading accounts
  • Unlimited journal notes and image uploads
  • Auto-sync & CSV broker imports
  • Unlimited Charts and trade replay
  • Charts and trade replay
  • P&L calendar
  • Customisable analytics dashboard
  • Cryoto Portfolio tracking
Start free: No Credit Card

Pro

$29.99/month

or $19.99/mo billed annually ($239.88/year)

  • Everything in Free
  • Customisable alerts
  • Equity and drawdown analysis
  • Market Watchlist
  • Unlimited trading accounts
  • Wave AI Coach
  • Unlimited manual backtesting
  • Priority sync and support
Explore Pro

Three paid tiers

TraderSync

TraderSync Pro

$29.95/month

or $22.46/mo billed annually ($269.52/year)

  • 5 trading accounts
  • 5 Strategy Checker
  • 5 Cypher AI messages
  • Limited Market Replay
  • Not included:Excludes Trade Replay and Cypher Coach

TraderSync Premium

$49.95/month

or $37.46/mo billed annually ($449.52/year)

  • Unlimited trading accounts
  • Unlimited Strategy Checker
  • Trade Replay
  • 15 Cypher Assistant Messages
  • Faster Market Replay
  • Not included:Cypher Coach

TraderSync Elite

$79.95/month

or $59.96/mo billed annually ($719.52/year)

  • Everything in Premium
  • Cypher Coach
  • Automated backtesting
  • Specialist replay and advanced market tools

* Features, pricing, ratings, and review counts are based on publicly available information at the time of writing and may change.

BEST VALUE

TraderWaves Pro may cost you nothing

Eligible traders can unlock TraderWaves Pro through a supported partner broker—giving you another way to access the complete platform without paying a separate software subscription.

T&Cs apply.

See how free Pro works

Prepare, trade and review

One connected workflow for every stage

Plan, monitor and review your trading in one connected platform—from preparation through to post-trade review.

TraderWaves historical backtester with simulated trades and playback controls

Before you trade

Validate your plan before going live

Replay historical markets, size positions and define risk before putting capital at risk.

  • Historical backtesting
  • Position-size calculators
  • Risk and reward tools
Explore Backtesting
TraderWaves Market Watch for monitoring multiple assets

While markets move

Monitor what matters in real time

Monitor charts and set alerts for the price, session and account conditions that matter to you.

  • Charts and Market Watch
  • Price and session alerts
  • News and account alerts
Explore Alerts
TraderWaves custom trading analytics dashboard

After the trade

Review every trade and improve your process

Import trades, add journal context and use analytics and Wave AI to spot patterns and improve.

  • Broker sync and imports
  • Notes, screenshots and tags
  • Analytics and Wave AI
Explore Journal

Which platform is right for you?

Choose TraderWaves if you want

  • A genuine forever-free plan not just a free trial
  • More accessible Pro pricing and account capacity
  • Configurable market and account alerts
  • Extra trading tools, including calculators & crypto portfolio
  • Community discovery and trader leaderboards
  • A Free route to Pro through an eligible partner broker
  • A platform that is continuing to expand with new features

TraderSync may be the better fit if you specifically need

  • 250ms historical replay
  • Level II and Time & Sales
  • Automated backtesting
  • Options replay

Built for traders who expect more than a spreadsheet

Trusted by traders worldwide for clearer analytics, easier account connections and a more connected review workflow. Rated 4.8/5 from 400+ reviews.

This is by far the best free trading journal

This is by far the best free trading journal I’ve come across 🤟🏾

Kamati Gelasius

NA

THE BEST TRADING JOURNAL I’VE EVER USED…

THE BEST TRADING JOURNAL I'VE EVER USED — MAKE SURE YOU TRY IT OUT.

Paul

GB

It has the best journal experience...

It has the best journal experience compared to some premium journals out here.

Evan Ng’uni

ZM

Awesome and amazed how they are…

Awesome and amazed how they are providing this much completely free. Thank you TraderWaves!

Zeus Forex

AE

the fact that this is free is crazy

the fact that this is free is crazy. I used to use tradezilla and this smacks it out the park.

max zimmermann

DE

It’s good and free

I can upload screenshots and input my data. It’s free and totally amazing experience as a beginner.

Emily Majadas

PH

Favourite journal so far.

It’s free but still has all the features needed in a digital trading journal. I'd recommend it to anybody.

Sive Lepondo

ZA

So far it’s one of the best out there

So far it’s one of the best out there. Only recommendation for now would be like an actual App for iOS/android users.

Travis Lee

US

Loving TraderWaves and its Free…

Loving TraderWaves and its free platform! Looking forward to new premium features and the trade copier. Awesome experience!! 10/10

Jarrid Roughley

US

I've used MyFXbook for a long time now

I've used MyFXbook for a long time but now I use TraderWaves also. Easy to connect and no need to keep MT4 open. Can't believe it's free. Thank you!

Jed Carson

US

They have a BEAUTIFUL product here

They have a BEAUTIFUL product here, and offer a lot even on the free tier. I rarely leave reviews but this is the least I could do for a product I LOVE.

Evans TheFirst

KE

TraderWaves is a gamechanger

TraderWaves helped me monitor trades and improve strategy. The free option makes it the best journaling tool for beginners. Thanks to the team behind it. God bless you all.

Josiane Ducari

BE

FREE and unreal

These guys really deserve a 5 star rating. I paid premium amount to a well-known trading journal platform (Tradezilla). These guys provide the same for free. Huge shoutout to the team.

rasela

NA

Intuitive, clear, and very comprehensive…

TraderWaves has completely transformed the way I organize and analyze my trades. It’s intuitive, clear, and comprehensive. The team behind TraderWaves shows real commitment and dedication.

Carolina C.

US

Best journal ever

I tried several journaling apps and out of the 4 I have used none beats TraderWaves. I love the simple UI, account linking, and updates. A five star doesn't do it justice — I think a 10 star will.

lemi lux

NG

All nice

The best site for checking your trading account. Very useful, especially the calendar part that calculates your performance on day, week, and month. I appreciate the team of TraderWaves for the hard work.

YSHZP

ID

Frequently asked questions

Does TraderSync offer a free plan?

TraderSync currently offers a seven-day free trial rather than a permanent free plan. TraderWaves provides a forever-free plan with no credit card required, giving traders more time to collect meaningful data and build a consistent review process.

What is the best free TraderSync alternative?

TraderWaves is a great TraderSync alternative for traders looking for advanced journaling, analytics, backtesting and AI tools, with the added benefit of a genuine forever-free plan. Essential gives traders a complete place to import, review and analyse trades, while Pro unlocks the most advanced features.

Do TraderWaves and TraderSync have mobile apps?

Yes. Both TraderWaves and TraderSync provide mobile apps. TraderWaves is available on iOS and Android alongside its web and desktop experiences.

What makes TraderWaves different from TraderSync?

TraderWaves combines journaling, advanced analytics, historical backtesting, Wave AI, alerts and additional trading tools in one connected workflow. It also offers a permanent free plan and one straightforward Pro tier.

Is TraderWaves better than TraderSync?

TraderWaves and TraderSync are both popular trading journals. Choose TraderSync if you specifically need options replay, very high replay precision and do not mind the $99 price tag. Choose TraderWaves if you want specialist tools for journaling, advanced analytics, historical backtesting and AI in one connected workflow, with a permanent free plan and straightforward Pro access.

TraderSync Alternative: TraderWaves vs TraderSync