The Edgewonk alternative that syncs from your broker, not your terminal
Edgewonk has spent over a decade building a deep, psychology-first trading journal — 8M+ trades journaled, an automated weekly "Edge Finder" scan, a Tiltmeter for discipline, and a single subscription tier with zero feature-gating. But the one-time license Edgewonk was long associated with is gone: its own pricing page states plainly, "Edgewonk comes with an annual subscription." TradeLens by ProEA is narrower — a leak report computed from your own MT4/MT5/CSV trades — sold once for $47 with the full source code, or hosted for $29/mo with a managed AI coach, MT4/MT5 auto-sync, and Telegram digests.
| Dimension | Edgewonk | ProEA |
|---|---|---|
| Pricing model | Edgewonk was long known for a one-time license — that's gone. Its own pricing-page FAQ states plainly, "Edgewonk comes with an annual subscription," shown today as "$12.32 /month" (~$197/yr base rate) under a "1-year plan + 4 free months" offer, or "$197 billed every 16 months" (base rate "$197.00" for most countries, more with VAT in the EU/UK). It auto-renews — Edgewonk sends "a reminder email before your next renewal with the option to cancel" — and is a single plan, no tiers | $47 once, forever — no year-two bill. Or $29/mo Cloud ($348/yr), cancel anytime, no annual contract required to get that rate |
| MT4/MT5 connection | Real auto-sync exists — but it's configured inside your own terminal, not a cloud broker login: Edgewonk issues FTP credentials (plus a 60-minute refresh rate) you enter into MT4/5's own Tools > Options menu, under the FTP tab, along with your account number; its own troubleshooting section says to "avoid using a VPS within Metatrader." Once set up, "MT4/5 periodically syncs all your new trades to Edgewonk" and "MT4 syncs after every trade action" (closing a trade, trailing a stop) "on its own" | TradeLens Cloud ($29/mo): read-only MT4/MT5 auto-sync via MetaApi — a cloud broker connection that works without your own desktop terminal running. $47 download: manual MT4/MT5/CSV import, no live broker connection |
| AI coaching | No conversational AI coach. "Edge Finder" is Edgewonk's own name for an automated feature — per its own pricing page, "every Sunday, the edge finder provides an automatic performance and mistake scan" — a scheduled scanning report over your tagged trades, not a chat interface | AI coach included both ways — $47 download: free offline local model, or bring your own Claude/GPT/Gemini key; $29/mo Cloud: managed coach, no key needed, capped by a daily question limit |
| Trade replay / exit simulator | Edgewonk's own pricing-page comparison table lists three named tools this research found no TradeLens equivalent for — "Trade management optimizer," "Strategy testing," and "Performance simulator" — included on every subscription. Their exact mechanics aren't described on any official page found; a third-party account of a fixed-entry, alternate-exit replay could not be independently confirmed, so only the tools' existence is claimed here | A different, narrower tool: TradeLens Cloud's "what if" simulator deterministically re-runs your full trade history as if you'd excluded a session/symbol/weekday/hour or capped position size — a discipline-habit test, not an exit-rule replay |
| Telegram delivery | No Telegram integration found on any official Edgewonk page reviewed | TradeLens Cloud links your account to a Telegram bot (a deep link + "/start" handshake) and delivers daily digests, trade-autopsy pushes, and two-way AI-coach chat in a DM — sharing the same quota as the web app's Ask drawer. $29/mo Cloud only, not in the $47 download |
| Ownership & refund | Cancel and, per Edgewonk's own pricing-page FAQ, "you will no longer be able to log into your Edgewonk trading journal" — its Help Center adds you also "lose access to all trade screenshots and all notes." The one export option beforehand is a limited Excel file; Edgewonk's own words: "we don't export all data like screenshots, notes, etc." A 14-day, no-questions-asked refund policy covers the initial purchase | $47 download: full source, one local SQLite file, nothing ever leaves your machine, nothing to lose. $29/mo Cloud: hosted by us, exportable anytime and deletable on request; 7-day refund before download ($47) or on your first Cloud month only ($29/mo) |
| Platform & asset-class breadth | Far broader — Edgewonk's own homepage states "200+ Brokers" ("Over 200 brokers are supported in Edgewonk") and its pricing page lists the plan as "Ready for all markets: Forex, Stocks, Futures, Crypto, Indices, Commodities, Options" | MT4, MT5 and CSV only — built for one job: the forex/CFD trader's leak report, not a universal multi-asset journal |
When Edgewonk is the better pick
- You want a decade-plus, purpose-built psychology-first journal in one product — automated weekly pattern-scanning ("Edge Finder," every Sunday), a Tiltmeter for rule-break/discipline tracking, trade checklists, a mental diary, and named optimizer/strategy-testing/simulator tools, all on one plan, backed by "8M+ Trades Journaled" and "over 10 years" of track record per Edgewonk's own homepage. TradeLens has no equivalent checklist/diary/Tiltmeter system; its AI coach reasons over your numbers, not built-in behavioral trackers like these.
- You want zero feature-gating on a single plan — Edgewonk's own pricing FAQ states, "we only provide one subscription model with full access to all features for every customer," unlike tiered journals (including some of ProEA's other alternatives comparisons) that ration AI credits or replay features by price tier.
- You trade more than forex/CFDs on more than MT4/MT5 — Edgewonk's own homepage states "200+ Brokers" across forex, stocks, futures, crypto, options, commodities and indices, against TradeLens's MT4/MT5/CSV-only, forex-first scope.
Own it, don't rent it
$47 once for the full source, forever — or $29/mo Cloud with no multi-year contract. Either way, nothing you've paid for disappears, and cancelling never locks you out of your own trade history the way Edgewonk's own FAQ describes.
Syncs without keeping your desktop open
TradeLens Cloud's MT4/MT5 auto-sync is a cloud broker connection using a read-only investor password — unlike Edgewonk's FTP-based sync, which is configured inside your own terminal and whose own setup guide warns against running on a VPS.
AI that explains your numbers, reachable by chat or Telegram
The coach — offline-local or Cloud-managed — only ever reasons over the numbers TradeLens itself computed from your trades, and Cloud subscribers can also get it as a Telegram digest.
FAQ
Is the $47 really one-time?
Yes — one payment for the full TradeLens source, yours to keep. There's no required monthly fee to keep using the download edition, ever.
What does TradeLens Cloud add over the $47 download?
Hosting, cross-device access, a managed AI coach with no API key to bring, read-only MT4/MT5 auto-sync via MetaApi, and Telegram digests — for $29/mo, cancel anytime.
Does Edgewonk actually auto-sync MT4/MT5, or is it manual CSV only?
It does have real auto-sync — but it's configured inside your own MetaTrader terminal (an FTP connection under Tools > Options), and Edgewonk's own troubleshooting guide advises against running it on a VPS. TradeLens Cloud's auto-sync instead uses a read-only investor password through MetaApi, so it doesn't need your own desktop terminal to stay open.
What happens to my data if I stop paying?
With Edgewonk, cancelling means you can no longer log in at all, per its own FAQ, and you lose your trade screenshots and notes; you can export first, but its own Help Center notes the export won't include everything. With TradeLens, the $47 download's SQLite file is yours forever regardless of anything else; TradeLens Cloud lets you export your trades anytime, cancel or not.
Comparison facts checked 2026-07-09; sources listed in our repo. If anything here is out of date, email support@pulltrade.app and we'll fix it.