The Edgewonk alternative for prop & futures traders

Looking for an Edgewonk alternative with prop-firm rule tracking and a pre-trade check? Merlin adds Topstep/Apex/FTMO distance-to-breach gauges from your closed trades, checks your next trade before entry, and opens in one click with no signup, from £19/mo.

Price (full AI tier)
✓Merlin: £19/mo · £149.99/yr
Edgewonk: $197/yr, one plan, annual subscription
Try before signing up
✓Merlin: One click: full product, no email, no card
Edgewonk: Account/email signup first
Pre-trade check (before entry)
✓Merlin: Built in: verdict logged before you take the trade
Edgewonk: Journals after the trade
Prop-firm rule tracking
✓Merlin: Topstep / Apex / FTMO templates, distance-to-breach from your closed trades
Edgewonk: Self-defined rule tracking; no prop-firm templates
Futures-native import
✓Merlin: Tradovate & NinjaTrader CSVs, ticks & contracts
Edgewonk: Futures supported via imports
Deterministic numbers behind the AI
✓Merlin: Grounded only in your computed numbers: the engine computes every figure first, the AI narrates it
Edgewonk: Edge Finder: weekly AI reports by email
Your data
✓Merlin: Free JSON export + one-click deletion on every plan
Edgewonk: Varies by plan

Edgewonk details ($197/yr, one plan, annual subscription) reflect public information as of July 2026. Confirm current features and pricing on the Edgewonk website.

MerlinTrade is independent trading-journal software and is not affiliated with, endorsed by, or sponsored by Edgewonk. All trademarks belong to their owners.

Not financial advice. Merlin describes your own past trades: it never tells you to take or avoid a trade.

FAQ

Is Merlin a good Edgewonk alternative?+

Merlin adds prop-firm rule templates with distance-to-breach gauges and a pre-trade check that runs before entry. You can open the full product in one click and import a statement to see your analytics immediately.

The comparison that matters is with your own data.

One click opens the full product. Import a statement and judge the analysis yourself.

No email. No card. 7-day free trial on Pro & Premium when you're ready.

← Back to compare