Treydly vs Edgewonk: Which Trading Journal Platform Is Right for You?

Two names come up constantly when traders search for a professional trading journal: Edgewonk and Treydly. If you're trying to decide between them, this comparison covers the real differences — pricing, import capabilities, analytics depth, and which type of trader each platform actually suits.

No padding, no guessing. Just what each platform actually offers.

At a Glance: Key Differences

Feature	Treydly	Edgewonk
Price	$9.99/month · $99.90/year	$197/year · $297 for 2 years
Free Trial	14-day free trial, no card needed	14-day money-back guarantee
Broker / Platform Support	MT4, MT5, cTrader, EA auto-sync, manual entry	200+ brokers across all markets
Markets	Forex, stocks, crypto, futures	Forex, stocks, crypto, futures, options, commodities, indices
Trade Import	File upload (HTML, CSV, XLSX), EA auto-sync, manual	Automated imports from 200+ brokers
AI Features	Trey AI — daily briefing, pre-market pair review, plan feedback & trade analysis	Edge Finder — automated weekly scan
Psychology Tracking	Mood tracking, emotional curves, confidence scoring	Tiltmeter, psychology analysis, rule-break tracking
Weekly Email Report	Yes — automated weekly summary with performance feedback	Edge Finder weekly scan (in-app)
Funded / Prop Firm Tools	Daily loss limits, max trades, consistency rules	Not specifically targeted
Years Established	Newer platform	10+ years (since ~2015)
Trades Journaled	Growing	8M+

Pricing: What You Actually Pay

Treydly charges $9.99/month (billed monthly), $54.99 for 6 months, or $99.90/year. There is no permanent free tier — just a 14-day free trial with no credit card required. You get full access during the trial.

Edgewonk does not have a monthly billing option. You pay $197 upfront for 12 months (~$16.40/month effective) or $297 for 24 months (~$12.38/month effective). They offer a 14-day money-back guarantee rather than a free trial. All features are included in both plans — there's no tiered feature gating.

For a trader who wants to test before committing, Treydly's no-card free trial is the lower-friction entry. For a trader who is committed and wants to save money long-term, Edgewonk's 24-month plan works out cheaper per month.

The Case for Edgewonk

I've used Edgewonk personally. It is a genuinely excellent platform that has been built and refined over more than a decade — and it shows.

Broker and Market Coverage

Edgewonk supports over 200 brokers with automated imports, covering forex, stocks, crypto, futures, options, commodities, and indices. If you trade instruments beyond MT4/MT5/cTrader, Edgewonk's breadth of integration is a real advantage.

Statistical Depth

Edgewonk's analytics go extremely deep: MAE/MFE analysis, trade management optimizer, performance simulator, strategy testing, session report cards, losing streak analysis, drawdown analysis, and more. If you want to understand your edge at a quantitative level, Edgewonk's toolkit is comprehensive and well-designed.

Edge Finder — Automated Weekly Review

One of Edgewonk's standout features is the Edge Finder, which runs automatically every Sunday. It scans your trading data, identifies strengths, weaknesses, and behavioral leaks, and sends you a performance report. This is built on an algorithm trained on millions of reviewed trades over 10+ years. It is genuinely useful.

Tiltmeter

The Tiltmeter tracks how often you break your trading rules, giving you a discipline score over time. Combined with Edgewonk's mistake-tracking system, it creates a clear picture of where your process breaks down — not just where your P&L breaks down.

Trust and Track Record

Edgewonk has been operating for over 10 years and has had 8 million+ trades journaled on the platform. For a software tool that holds your trading data and analysis, that kind of track record matters.

Edgewonk's Real Limitations

• No monthly billing option — you must pay at least $197 upfront. This is a meaningful barrier for traders just starting out or those uncertain about commitment.
• No dedicated funded/prop firm tools — there is no built-in daily loss limit tracker or challenge dashboard.
• No conversational AI coaching — the Edge Finder is automated analysis, not an interactive assistant you can ask questions to.

The Case for Treydly

Treydly is the newer platform, built specifically for the modern trading landscape — which means MT4/MT5/cTrader traders, funded challenge traders, and those who want AI coaching as part of their daily workflow.

Import: MT4, MT5, cTrader — Including EA Auto-Sync

Treydly supports file-based imports (HTML, HTM, XLSX, CSV) from MetaTrader 4, MetaTrader 5, and cTrader. It also has a dedicated EA (Expert Advisor) for fully automatic trade syncing — available for MT4, MT5, and cTrader. Install the EA on your chart and every closed trade is sent to Treydly in real time, with no manual file exports required. For active traders who don't want to think about importing, this removes the friction entirely. If you're trading US equities or options through native US broker platforms, Edgewonk's wider broker support is still the stronger option.

Trey AI — Daily Briefing, Pre-Market Review & Trade Coaching

Trey is Treydly's AI assistant and it does more than review trades after the fact. Each morning, Trey delivers a Daily Briefing — a personalised pre-market overview for the pairs you actually trade. Before you open a single chart, Trey has already reviewed the market context for your instruments and surfaced what's relevant to your style and history. This is not a generic market summary; it's built around the pairs in your journal.

Beyond the briefing, Trey works interactively: write your daily trading plan and ask Trey to review it before the session opens, then after closing trades, Trey analyses your execution — screenshots, entry/exit notes, psychological state — and gives you specific improvement recommendations grounded in your own data. Edgewonk's Edge Finder is a strong automated weekly scan, but it doesn't offer the daily, pair-specific, conversational layer that Trey does.

Weekly Email Reports

Every week, Treydly automatically sends you an email summarising your trading performance — win rate, P&L, key metrics, and personalised feedback on how the week went. You don't have to log in and remember to review; the data comes to you. Edgewonk's Edge Finder delivers a similar weekly analysis, but it's accessed inside the platform rather than pushed to your inbox.

Psychology System

Treydly tracks mood, emotional state, and confidence scoring as part of the trade-logging workflow. Emotional curves are plotted against P&L over time. This creates a data-driven picture of how your psychological state affects your trading outcomes — a step beyond Edgewonk's Tiltmeter in terms of granularity and visualization.

Funded Trader & Prop Firm Rules

For traders running prop firm challenges or funded accounts, Treydly has purpose-built rule enforcement: max trades per day, daily loss limits, consecutive loss rules, and position size guardrails. These map directly to the rules prop firms impose. Edgewonk does not have equivalent dedicated tooling for this use case.

Pricing Flexibility

At $9.99/month with a no-card 14-day trial, Treydly has the lower barrier to entry — both financially and in terms of commitment. You can test the full platform before spending anything.

Who Treydly Is Not Built For

Treydly is purpose-built for forex, CFD, and funded traders on MT4, MT5, and cTrader. If you trade US stocks or options through a native US brokerage like TD Ameritrade or Interactive Brokers, Edgewonk's broader import support is worth considering. That's a narrow audience — the vast majority of retail traders globally are already on one of the three platforms Treydly supports natively.

Who Should Choose Which

Choose Treydly if:

• You trade on MT4, MT5, or cTrader — which covers the overwhelming majority of retail forex and CFD traders
• You want EA auto-sync so trades log themselves, zero manual work
• You want a Daily Briefing and pre-market analysis for your pairs every morning before you open charts
• You're running a prop firm challenge or funded account and need daily loss limits and rule enforcement built in
• You want an interactive AI coach (Trey) — not just a weekly automated report, but a coach you can talk to daily
• You want weekly performance reports delivered to your inbox
• You want to try the full platform for 14 days with no credit card
• Monthly billing flexibility matters to you

Choose Edgewonk if:

• You trade US stocks, options, or futures through platforms outside the MT4/MT5/cTrader ecosystem
• You want MAE/MFE analysis, a performance simulator, or strategy-testing tools specifically
• You prefer paying once annually upfront rather than month-to-month

Frequently Asked Questions

Is Treydly better than Edgewonk?

It depends on your trading setup. Treydly is built specifically for MT4, MT5, and cTrader traders and includes EA auto-sync, an AI daily briefing, and prop firm rule enforcement. Edgewonk supports 200+ brokers across all markets and has deeper statistical analysis tools. For forex and CFD traders on MetaTrader or cTrader, Treydly is the stronger fit. For traders on US stock or options platforms outside those ecosystems, Edgewonk has broader import support.

Does Edgewonk have a free trial?

Edgewonk does not offer a traditional free trial — they provide a 14-day money-back guarantee, meaning you pay $197 upfront and request a refund within 14 days if you want out. Treydly offers a 14-day free trial with no credit card required, giving you full access before spending anything.

Does Treydly work with MT4 and MT5?

Yes. Treydly supports MT4, MT5, and cTrader via file imports (HTML, HTM, XLSX, CSV) and provides a dedicated EA (Expert Advisor) for automatic real-time trade syncing on all three platforms. Every closed trade is sent to your journal automatically — no manual export needed.

Can I use Treydly for a funded account or prop firm challenge?

Yes. Treydly has purpose-built prop firm enforcement: daily loss limit tracking, max trades per day, consecutive loss rules, and position size guardrails. These map directly to the rules most prop firms impose. Edgewonk does not have equivalent dedicated tooling for funded account challenges.

What is the cheapest trading journal?

Treydly starts at $9.99/month with a no-card 14-day free trial. Edgewonk is $197/year upfront (~$16.40/month equivalent) with no monthly billing option. For traders who want to test before paying, Treydly has the lower-risk entry point.

The Bottom Line

Edgewonk is a solid, established platform. If you trade US stocks or options on a broker outside the MT4/MT5/cTrader ecosystem, it's worth looking at.

But if you trade forex, CFDs, or futures on MT4, MT5, or cTrader — which is most retail traders reading this — Treydly was built for you specifically. EA auto-sync means your trades log themselves. Trey delivers a daily briefing on your pairs every morning before the market opens. The weekly email report reviews your performance without you having to remember to check. Built-in prop firm rules enforce your limits automatically. And you can try all of it for 14 days with no credit card.

Edgewonk charges $197 upfront before you've used a single feature. Treydly asks for nothing until you've already seen what it can do for your trading.

Start your free 14-day Treydly trial — no card required →