Edgewonk Review 2023 – The Best Trading Journal?

What Is Edgewonk?

Launched in 2014, Edgewonk is a web-based trading journal geared for intermediate and experienced traders looking to gain insights from their trades and optimize their investing process. Edgewonk is compatible with 20 of the largest online brokerages – including Interactive Brokers, MetaTrader, and thinkorswim – and allows for instant synchronization so you can import your trading data in seconds.

The Edgewonk software is available as a web-based application, available on desktop, Android, and iOS devices. Edgewonk has one subscription plan with an annual fee of $169 – an industry low for this type of research platform – and includes all the research tools you will need, plus some unique features.

With your Edgewonk subscription, you’ll have access to advanced charting and performance analysis tools, a backtesting environment to safely test your strategies, and an emotional analytics feature where you can pinpoint any bias you may be subject to which may be impacting negatively your investing. 

In this quick Edgewonk summary, I will go over all the best features of this platform. If you want to read a more in-depth analysis, check out our full Edgewonk review.

Pros & Cons of Edgewonk


  • Choose from 13 different graphs to visualize your investments
  • Instant synchronization with 20+ brokerages
  • Advanced charting tools and performance graphs
  • Web-based platform available on desktop, Android, and iOS
  • Generous referral program
  • Supports unlimited journals
  • Sort & filter your trading data
  • Emotional Analytics 


  • No free account

Create Multiple Journals

Edgewonk supports all major investment vehicles and works for all markets and currencies. With Edgewonk you can create personalized journals for each type of investment and keep track of how much you’re making out of each, and how you can optimize your strategies. Supported assets include:

  • Forex (Majors, minors, and exotic pairs)
  • Stocks (All global markets)
  • Futures 
  • Crypto 
  • CFDs 

With each separate journal, you can access specific analytics and insights and access them on any device. Additionally, if you use any of the 20 supported brokerages you can import all your trading information instantly. Some of the supported online brokers include:

  • Interactive Brokers
  • MetaTrader
  • NinjaTrader
  • TD Ameritrade
  • Thinkorswim
  • cTrader
  • TradeStation

If your preferred broker isn’t currently listed you can always enter your information manually or as a CSV file. You can read more about Edgewonk’s functionality.

Analyze Your Trading With 13+ Detailed Graphs

After you have a trade you can choose from one of the thirteen graphs available, and compare your trades side-by-side. Some of the graphs you can choose from include:

  • Equity graph
  • Holding time
  • Winrate over time
  • Trade management
  • Drawdown
  • Profit Calendar

If you’re a beginner and don’t know much about investing, you may want to look into an educational platform like Trading Tickers 2 before looking for a trading journal. 

Emotional Analytics

One key aspect of investing that is often overlooked is the emotional responses. Edgewonk takes a very unique approach and offers three features designed to know exactly what kind of systematic error you may committing. 

The Tiltmeter notifies you whenever you break any of your trading rules; this can include trading on days where you’ve already lost more than certain amount, trading hours, and more. The Discipline-Efficiency tool graph shows how many mistakes you’ve; it compares your positions with the optimal entry and exit points so you can see exactly how to better manage your choices.

Review Your Trading Sessions

Edgewonk offers the option to review specific trading sessions so you can find your optimal trading times or days, and how you can extend it to all your investing. You can create trading sessions – daily, weekly, or monthly – and identify errors at a glance from the calendar graph.

This works in tandem with the Milestone Challenges, a set of milestones designed to improve specific aspects of your investing like cutting your losses if you’re having a bad day, diversifying your portfolio, and establishing a risk profile.

Test Your Strategies In A Safe Environment

For experienced investors looking to test out strategies, Edgewonk offers a safe backtesting environment and a future simulator where you can test out strategies side-by-side and optmize them before opening or closing a position. The backtesting tool can be used with historical data, while the future simulator uses projections to simulate the potential future growth of your accounts under different scenarios.

Charting Tools And Performance Analytics 

Through the Edgewonk dashboard, you can access comprehensive charting and performance analysis tools like:

  • Equity graphs 
  • Trading performance overview
  • Drawdown graphs 
  • Winrate vs. Time graphs
  • Strategy effectiveness (System Quality Number)
  • Profit Calendar 

After you record a trade in Edegwonk, it will automatically integrate it into your charts. You can then filter your trades, compare your trading sessions, analyze your performance, and implement Edgewonk’s recommendations to improve your trading.

Edgewonk Fees

  • Pro Subscription: $169/year

Edgewonk doesn’t offer a free or basic subscription and is better suited for traders with some experience under their belt. If you’re a beginner, we recommend checking out our Tradervue vs Edgewonk review where we break down the benefits and compare the two platforms side by side.

Sign-Up Process

Edgewonk is available on desktop, Android, and iOS devidesn  and There are no special requirements to sign up. Edgewonk is available for traders and investors worldwide. Here are the steps to get started:

  • Visit Edgewonk’s website
  • Click Get Started Now
  • Select a plan
  • Fill in some of your basic information

If you use our link to sign up, you’ll have the option to join Edgewonk’s affiliate program and earn up to 30% on all the trades your referrals make.

Edgewonk Trustpilot Reviews 

Edgewonk has great reviews from most of its users and holds an average rating of 3.8 on Trustpilot. Here’s what some of them had to say about Edgewonk:

  • “I have been using Edgewonk for a little over a year now and they have improved so much. I have pretty much everything I need to track my trades, great data and so much custom data that I can add myself. Their data tracking is also really good and I can filter all types of information I need to better understand the data I am putting in my journal..” – Marcus G.
  • “If you are looking for a trading journal to capture all your setups, wins, losses & profit. Different portfolios for different trading styles, different systems this is definitely worth the money. Keep yourself to task..” – David A.

If you are not fully convinced that this particular service is for you after reading these reviews, we recommend checking out our full TraderSync review. Alternatively, you can check out Tradervue, which comes with a free, basic plan for beginners.

Final Thoughts

Edgewonk is a very flexible web-based trading journal for intermediate and experienced traders looking to identify the weakest part of their investing and increase their returns in the short-term. Edgewonk offers comprehensive charting and graphing tools, a backteseting environment, and access to emotional analytic metrics, which can help you identify bad investing habits. Compared to other trading journals and research platforms, Edwonk ranks highly with its low annual fee and comprehensive features. For those reasons, we recommend Edgewonk for intermediate and experienced investors.

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