Comparison
Trading journal comparison: TradeOnyx, TradeZella and Edgewonk
Anyone shopping for a trading journal meets the American products first. They are good, and for many traders they are the right answer. This page sets out where the three differ, what each does better, and where those differences start to matter if you trade from Germany, Austria or Switzerland.
So you know what you are reading: TradeOnyx is our own product, so we are not neutral. That is why every statement about another product carries a source and a check date, why there is a section on what the others do better, and why each cell states what we actually found on the vendor's own pages rather than what we might infer from it.
The differences at a glance
| TradeOnyx | TradeZella | Edgewonk | |
|---|---|---|---|
| Free entry | Permanent free tier, no payment details | No free tier stated on the pricing page | No free tier; a 14-day refund instead |
| Price | €0, €29/month or €49/month (€290 or €490 per year) | $35, $59 or $99 per month; annually $315, $531 or $891 | Price only behind a click; the homepage shows a “3 months free” promotion |
| Billing currency | Euro | US dollar | US dollar |
| Interface language | German and English, complete, including e-mails and PDFs | English | English |
| German brokers | 15 DACH brokers with a dedicated importer: Trade Republic, Scalable Capital, DEGIRO, comdirect, flatex, ING-DiBa, Smartbroker+, Consorsbank, DKB, Onvista, S Broker, Captrader, Lynx, Saxo Bank, Bitpanda | Advertises “500+ brokers” through a connection layer; the broker list was unreachable | None of eleven checked DACH brokers appear on their own import page |
| German tax export | PDF for the German Anlage KAP, straight from the journal | Not advertised on the website | Not advertised on the website |
| Hosting and data protection | Servers in Germany, GDPR, processors named in the privacy policy | No hosting location stated on the homepage | No hosting location stated on the homepage |
Free entry
A journal only proves its worth after a few weeks of your own trades. Paying before that means judging a tool you cannot yet assess.
Statements about other products verified on 2026-08-13: TradeZella · Edgewonk
Price
The numbers are not directly comparable because the tiers cover different scopes. What is comparable is the order of magnitude, and the currency.
Statements about other products verified on 2026-08-13: TradeZella · Edgewonk
Billing currency
A dollar subscription adds your card's foreign-currency fee, and the amount moves with the exchange rate. On an annual plan that stops being a rounding error.
Statements about other products verified on 2026-08-13: TradeZella · Edgewonk
Interface language
A journal works because you write, in your own words, why you took a trade. People do that more precisely in their first language.
Statements about other products verified on 2026-08-13: TradeZella · Edgewonk
German brokers
This is where the practical difference sits. If your broker is unsupported you retype trades or hand-build a CSV template, and that is exactly where most journalling attempts die in week two.
Statements about other products verified on 2026-08-13: Edgewonk
German tax export
A missing German tax export is not an oversight on an international product, it is a market decision. The work still lands on your desk.
Hosting and data protection
We found no statement about hosting location on either homepage. That does not mean none exists, only that it is not stated there.
Statements about other products verified on 2026-08-13: TradeZella · Edgewonk
What we did not verify
- TradeZella advertises “500+ brokers” on its homepage through a connection layer. We could not establish which brokers those are, because the expected overview page was unreachable. This page therefore does NOT claim that TradeZella lacks German brokers. Check it yourself before deciding.
- Edgewonk states “over 200 brokers”. We checked only their own import overview, and none of the eleven DACH brokers we looked for appeared there. That does not extend to platforms such as MetaTrader, which are covered extensively.
- Feature depth cannot be compared honestly from marketing pages. If you are choosing between two tools, test both with your own trades.
What the others do better
A comparison in which the author's own product wins every row is not information. These points count against us:
Trade replay and automated backtests
TradeZella advertises replay of past price action and automated backtests. TradeOnyx has neither: backtesting was removed and a bar-replay view was deliberately dropped, because a journal should analyse what you did rather than simulate trading.
Breadth of broker coverage
We support 40 brokers with a dedicated schema plus a generic CSV importer. Both competitors state far higher numbers. If you use an unusual broker or a MetaTrader setup, your odds are better there.
Track record and public reviews
Edgewonk and TradeZella have been on the market for years and have the public reviews to match. TradeOnyx does not. If reviews are how you decide, you will find less here.
One-off purchase instead of a subscription
Edgewonk sells a licence rather than a subscription. If you object to recurring costs on principle, that model fits you better.
Which tool fits which trader
TradeOnyx fits if
you trade with a German or European broker, want to write in German, need an Anlage-KAP export, and care about which patterns repeat in your own trading. The free tier makes trying it risk-free.
TradeZella fits if
you trade with a large US broker or a prop firm, work in English, and value price-action replay and backtesting.
Edgewonk fits if
you trade through MetaTrader or a similar platform, do not want a subscription, and are comfortable in an English interface.
Frequently asked
- Is TradeOnyx an alternative to TradeZella?
- For traders in German-speaking countries, in many cases yes, because the interface, the broker imports and the tax export are built for that market. For the replay-and-backtest side of the feature set, no: we deliberately do not offer it.
- Can I bring data over from another journal?
- Yes, through the generic CSV importer. You export from the old tool and map the columns once. Trades from 40 brokers can also be read in directly.
- What does TradeOnyx actually cost?
- The free tier stays free and asks for no payment details. Pro is €29 per month or €290 per year, Pro Plus €49 per month or €490 per year, billed in euros.
- How current are the statements about the other products?
- Everything was checked on the stated date on the vendors' own pages and is linked to its source. Prices and features change, so open the source before you decide.
Try it instead of reading tables
The free tier asks for no payment details. Import a few weeks of your own trades and you will know within one session whether the analysis tells you anything.
Start for freeStatements about other products verified on 2026-08-13. TradeOnyx is a documentation and analysis tool and does not provide investment advice. All product and brand names belong to their respective owners and are named here for descriptive purposes only.