Edgewonk Review

Say you’re two weeks into a funded challenge. You’re up some days, down others, and you genuinely can’t tell whether the problem is your strategy, your execution, or the fact that you keep trading NQ during the lunch chop when you have no business being in the market. You have a rough sense something is off. But you can’t point to it.

edgewonk

That’s exactly the problem Edgewonk was built to solve.

Edgewonk is a cloud-based trading journal that’s been running for over 10 years, with more than 8 million trades journaled across its platform. It covers futures, forex, stocks, crypto, options, and more, but for prop traders specifically, the futures-focused import support and the discipline tracking tools are what make the trading tool worth looking at seriously.

Getting Your Trades In

Before anything else, the import situation matters. Edgewonk supports a long list of platforms relevant to futures traders: NinjaTrader 7 and 8, Tradovate, Rithmic Pro, CQG, Quantower, Sierra Charts, Jigsaw Trading, Optimus Flow, TopstepX, and Interactive Brokers are all on the confirmed list. The changelog shows active work on NinjaTrader timezone handling, cTrader compatibility, and Sierra Charts fixes as recently as April 2026.

One thing to flag: TradingView import is paper trading only. If you use TradingView as your charting platform but execute elsewhere, you’ll need to import from your actual broker instead. And if your platform isn’t listed at all, Edgewonk supports manual entry and bulk Excel import as a fallback.

The full list of supported brokers and platforms is below, sorted A to Z. MetaTrader 4 and MetaTrader 5 auto-sync covers all MT4/MT5 brokers, including prop firms running on those platforms.

24k MarketsFX GlobeOptimus Flow
Admiral MarketsFX ProOrbex
Advanced MarketsFX ReplayPepperstone
AfterprimeFTMOPhemex
Alpha CapitalFunded NextQuantower
AlpariiFunding PipsRedi+
ATASGlobal PrimeRithmic Pro
Ava TradeGoat Funded TraderRobo Forex
BD SwissHantecSaxobank
Black Bull MarketsHero FXSierra Charts
Blueberry MarketsHFMSocial Trader Tools
Bright FundedIC MarketsST Global Markets (STG)
ByBit / ByBit GlobalICICI DirectSterling Pro
Capital.comIFX BrokersSwissquote
Charles SchwabIG / IG Forex / IG StocksTasty Trade / Tasty FX
CMC MarketsInteractive BrokersTastytrade
Cobra TradingIress ViewpointTD 365
CoinbaseIron FXTD Ameritrade
ColmexJigsaw TradingThe 5ers
CQGJust ForexThink Markets
cTraderLightSpeedThink or Swim
DAS TraderLMAXTickmill
DarwinexMarketechTopstepX
DhanMarkets.comTrade Navigator
DisnatMatch TraderTrade XN
DukascopyMavenTrader Evolution
Durch PrimeMetaTrader 4 / MT5 (auto-sync)Trader Sync
E-GlobalMEXTradervue
E-TradeMEXC FuturesTradeStation
E8 FundingMotiveWaveTradezella
Easy ForexMultichartsTradezero
Eight CapNinjaTrader 7 / 8Tradovate
Evolve MarketsOandaTradingView (paper trading only)
ExnessOctaVantage
FidelityWeBull
Forex Tester 3/5/6XM Group
Forex.comZero DHA
FP Markets
FX Flat

One setup step futures traders need to do manually if using the manual mode: if you’re entering trades by hand rather than importing, go to Settings > Journal and set your Default Trade Type to Futures. Once you do that, a Futures Multiplier field appears on every trade entry. You’ll need to fill in the correct multiplier for each contract: ES is 50, MES is 5, NQ is 20, MNQ is 2, CL is 1,000, and so on. Edgewonk uses this to calculate your actual dollar P&L correctly. Skip it and the numbers will be wrong. When you import trades, this is all handled automatically.

The Edge Finder: The Feature That Sets It Apart

Here’s the thing: most trading journals are glorified spreadsheets. They store your trades and spit back win rate and profit factor. Edgewonk does that too, but the Edge Finder is what separates it from everything else in this category.

Every Sunday, the Edge Finder runs an automated scan across your entire journal. It’s analyzing hundreds of data points and serving up a structured breakdown of where your edge is strongest and where it’s quietly leaking. Launched in November 2025 and actively developed since, it’s the newest major feature and probably the most genuinely useful one.

Edge Finder MetricWhat It Tells You
Winrate CheckYour current win rate, its weekly trend, and the break-even reward-to-risk ratio your strategy needs to stay profitable
Most Profitable TimesThe specific hours and sessions where your performance is strongest, so you can trade more when it counts and step back when it doesn’t
Total Edge LeakHow much performance you’re giving back on trades where you broke your rules. The real cost of discipline failures in dollar terms
True System EdgeYour strategy’s actual performance when rule-break trades are filtered out, showing what you’d make if you executed your plan consistently
Most Expensive MistakesThe exact entry, exit, and management comments linked to your worst outcomes; pinpoints where your process breaks down most
Return-to-DrawdownWhether your returns justify the drawdown you’re taking, measured across 7, 30, 180, and 365-day windows
Efficiency ScoreWhat percentage of trades you execute according to your rules, tracked week to week across entry, management, and exit stages
Reward-to-Risk RatioYour current average R:R and its weekly change, telling you whether your winners are big enough relative to your losses

For prop traders specifically, the Edge Leak and True System Edge metrics are the most relevant. A lot of failed challenges come down to a handful of emotional trades that wouldn’t exist in a rules-based system. The Edge Finder quantifies exactly how expensive those trades are.

Worth knowing: the Efficiency score has a simple formula behind it. For each trade you can assign positive, negative, or neutral comments across entry, management, and exit. Positive comments count in your favor, negative comments count against you. So if across your last 3 trades you assigned 7 positive and 2 negative comments, your efficiency is 78%. It’s not complicated, but seeing that number drop week over week when you’re in a drawdown is a useful kick.

Chart Lab: Where the Data Gets Visual

Chart Lab is the analytics layer, and it’s substantial. You can break down performance by strategy, by instrument, by time of day down to 30-minute windows, by weekday, and by month. For futures traders, being able to see that you’re consistently losing money in the first 30 minutes of the ES open, or that your NQ longs outperform your NQ shorts by a wide margin, is the kind of insight that changes how you trade.

The trade management section is worth attention. Edgewonk measures what happens inside your trades, not just the outcome. It tracks whether you tend to cut winners early, hold losers too long, or move stops in ways that hurt you. MFE and MAE data show how close price came to your target or stop before you closed, which tells you whether your exits are well-placed or whether you’re consistently leaving money on the table.

Two features in Chart Lab that don’t get enough attention. First, the PCP and PCR traffic lights. These show up as colored indicators on every trade in your journal. PCP (Profitability Check Planned) looks at the reward-to-risk ratio you set at entry and checks whether it was high enough to produce positive expectancy at your current win rate. PCR (Profitability Check Realized) runs the same check at exit, and turns red if you held a loser too long or cut a winner too early. They kick in after 30 trades. Honestly, it’s one of the better at-a-glance feedback mechanisms I’ve seen in a journal tool. A full day of green PCPs and a few red ones is telling you something specific.

Second, the Alternative Strategies feature. This lets you take your historical trade data and test what would have happened with different stop loss levels, different take profit targets, or different exit behavior. So if you’re wondering whether your NQ trades would have performed better with a 10-point stop instead of a 15-point stop, Edgewonk can run that against your actual journal and show you the answer. For a prop trader trying to tighten their rules without blowing up their edge, this is genuinely useful.

Performance ratios tracked include Sharpe, Sortino, Calmar, SQN, Profit Factor, and Gain to Pain. These aren’t vanity metrics. If your Sortino is deteriorating while your win rate stays flat, something is wrong with your loss management even if the top-line numbers look okay.

The custom statistics feature lets you create your own tags for market conditions, setups, psychological states, or anything else relevant to your process. Track whether you perform better in trending versus ranging conditions on ES. Tag high-volatility sessions separately. Build the analytics layer around how you actually trade, not a generic template.

Scaling in and out is also supported, so if you pyramid into ES positions or scale out of NQ in stages, Edgewonk can handle multiple entries and exits on a single trade without forcing you to log them separately.

Psychology Lab: The Discipline Side

This is where Edgewonk gets genuinely different from most tools. The Psychology Lab treats discipline as something measurable rather than just something you feel good or bad about.

The Tiltmeter visualizes streaks of disciplined and undisciplined trading, overlaid against your equity curve. Seeing the direct relationship between a run of rule-break trades and a drawdown period on the same chart tends to make an impression. Traders on prop challenges often know intellectually that revenge trading costs them. The Tiltmeter makes it undeniable.

Sessions let you run structured daily, weekly, or monthly reviews with report cards and reflection prompts. The Notebook gives you a full writing space inside the platform for plans, ideas, and mental debriefs. Missed Trades lets you log setups you saw but didn’t take, then analyze the reasons. Hesitation patterns, confidence issues, and missed opportunities often tell you as much as the trades you did take.

The Mental Tags system lets you build custom psychology stats: confidence levels, stress, focus, emotional state. Once you have enough data, Edgewonk connects those tags directly to performance outcomes. If you discover you’re consistently losing money on days you tagged as high stress, that’s actionable.

The Performance Simulator

This one gets buried in feature lists but is worth calling out separately, especially for funded traders. The Simulator takes your actual journaled statistics and runs multiple simulated equity curves based on them. You set how many simulations to run and how many trades to project forward.

What comes back is genuinely useful: the highest and lowest account balance across all simulations, the best and worst total gain, the longest projected losing streak, and the longest projected winning streak. It’s not predicting the future. Edgewonk is clear about that, but it does tell you something important about the risk profile of your current approach. If your longest projected losing streak across 1,000 simulations is 12 trades and your funded account has a max drawdown rule of 8%, that’s a conversation worth having with yourself before you size up.

The Free Journal Review Service

This one deserves its own mention because it’s genuinely unusual. Edgewonk offers a free journal review service where they analyze your actual journal data and post a personalized performance breakdown anonymously to their YouTube channel.

The requirements are specific: at least 50 journaled trades, stop loss and take profit prices on every trade, the OTP Hit field ticked, and ideally entry, exit, and trade management comments on all trades. Journals with Highest Price and Lowest Price data filled get priority. So you need solid journaling habits in place before this becomes available. That’s not a criticism, just worth knowing upfront.

If you do have the data, getting a free expert breakdown from people who’ve been analyzing trader performance for over a decade is a real value-add. Most tools in this space don’t offer anything close to it.

A Few Practical Notes

Edgewonk is cloud-based and runs in the browser, with no install required, works on any computer or laptop, and you can access it from your phone. The trade-off is that it doesn’t work offline. If your internet drops mid-session and you want to log trades in real time, that’s a problem. Most traders probably won’t hit this issue, but it’s worth knowing if you’re in an area with unreliable connectivity.

Journal sharing works on a read-only basis: you share a specific journal with a coach or mentor, they can see everything, and you revoke access whenever you want. Your data stays yours, and you can export it at any time.

Pricing

One plan, no tiers, full access to everything.

Price$197/year (~$16.50/month)
BillingAnnual
JournalsUnlimited
TradesUnlimited
ImportsUnlimited
MarketsFutures, Forex, Stocks, Crypto, Options, Indices, Commodities
Edge FinderIncluded (weekly automated scan)
Chart LabIncluded
Psychology LabIncluded
TiltmeterIncluded
PCP / PCR traffic lightsIncluded (activates after 30 trades)
Session report cardsIncluded
Missed trades trackingIncluded
Performance simulatorIncluded
Alternative strategy testingIncluded
Trade management optimizerIncluded
MFE / MAE reportsIncluded
Scaling in / out supportIncluded
Futures multiplierIncluded
Custom statisticsIncluded (20 tag categories)
Screenshot uploadsIncluded (6 per trade)
Journal sharingIncluded (read-only access)
Data exportIncluded
Portfolio pageIncluded (all journals in one dashboard)
Dark modeIncluded
Offline accessNot available
Refund policy14-day full refund, no questions asked

Edgewonk’s pricing page notes it’s significantly cheaper annually than several competing journal platforms when comparing plans that include unlimited journal creation; that comparison is based on publicly available pricing reviewed in May 2026.

Who Should Use It (And Who Probably Shouldn’t)

Edgewonk is genuinely well-suited for funded traders who are serious about improving their process. The discipline tracking tools (Tiltmeter, Efficiency score, Edge Leak, rule-break analysis) map directly onto the problems that get people failed on prop challenges. If you’re trying to understand why you keep hitting your daily loss limit on certain market conditions, or why your win rate on ES looks fine but your funded account keeps bleeding, this is the kind of tool that can actually answer those questions.

The data entry requirements are real, though. The Edge Finder is most useful when you’ve been adding entry and exit comments consistently. The Psychology Lab only gets meaningful with enough tagged trades to surface patterns. The PCP and PCR traffic lights need 30 trades before they activate. The Simulator is only worth running once you have enough journaled history to make the projections meaningful. If you’re the type of trader who logs trades but doesn’t annotate them, a lot of the best features will underperform. The platform rewards consistent, detailed journaling habits.

Traders who just want a simple P&L tracker don’t need this. There are cheaper, simpler tools for that. But for anyone trading actively stocks and forex, or running funded futures accounts who wants to understand their trading from the inside out, and who is willing to put in the journaling work to make the analytics actually function, Edgewonk is one of the more serious options in this category.