Comparison
Kova, the Edgewonk alternative you don't pay a year upfront for
Edgewonk is a trading journal known for its statistics. Kova is for traders who want to start for free and pay month to month, not a year upfront.
| Kova | Edgewonk | |
|---|---|---|
| Price | Free, then Pro at $29/month | $197 for 12 months |
| Commitment | Monthly, cancel anytime | Paid upfront (12 or 24 months) |
| Free plan | Yes, no time limit | No (refund possible within 14 days) |
| MetaTrader 4/5 import | Yes: file import on Free, live connection with Pro | Yes |
| Macro terminal (rates, calendar, inflation) | Yes (Pro) | Not in the public offer |
Why traders pick Kova
- Start for free: no credit card, no time limit.
- Your history imports in minutes (MetaTrader, Excel, CSV, Tradovate…): your analysis is ready on day one.
- Kova is built for forex, index futures and prop firm traders.
- Your journal and a macro terminal (rates, calendar, inflation) live in one place.
When Edgewonk may suit you better
- You'd rather pay once a year for a single all-inclusive plan.
- You want its in-depth statistics tools, refined over many years.
FAQ
Is Kova really free? Yes. The Free plan has no time limit: journal, dashboard and file import (Excel, CSV, MetaTrader statements, Tradovate…). Pro adds the live MetaTrader connection, the full analysis of your journal and the macro terminal, billed monthly with no commitment.
Can I import my trades from Edgewonk? Yes. Export your history as CSV: Kova recognises the columns and you check everything before importing.
Does Kova analyse my trading psychology? Kova compares the trades where you followed your plan with the others, spots your losing streaks and shows what your deviations cost you, in R.
Read next: how to keep a trading journal · how to pass a prop firm challenge
Prices checked in September 2026 from public sources, subject to change: Edgewonk, Pricing · TradingSFX, Edgewonk pricing 2026. Kova is not affiliated with Edgewonk.
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Get my free diagnosticOfficial sources: FRED (Federal Reserve Bank of St. Louis), ECB, Bank of England, Bank of Canada, Eurostat. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.