MotiveWave vs. Quantower Comparison


MotiveWave MotiveWave Software	Quantower	+	+
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About MotiveWave is a feature-rich, user-friendly, highly customizable trading software with beautiful charts. We also have the most advanced Elliott Wave software available. MotiveWave is broker and data feed neutral, and we support Windows, macOS and Linux. Our trading software is available in 6 different editions to meet your charting and trading needs, and we also offer multiple purchasing options to fit your budget. Take our no obligation, risk-free 14 day free trial of our MotiveWave trading platform. You'll have full access to all of our trading software features found in the Ultimate Edition. We do not ask for any credit card information.	About Quantower is ready for trading on various markets and shares the best trading practices among all of them. This makes it possible to use such feature like Volume analysis for trading on Crypto exchanges. Analyze a combined trading data from several brokers or data feeds in one interface. Create your own trades history for fast local playback and testing of your strategies. Send your trading orders to several brokers simultaneously and manage them in one application.
Platforms Supported Windows Supported Mac Supported Linux Supported Cloud Not Supported On-Premises Not Supported iPhone Not Supported iPad Not Supported Android Not Supported Chromebook Not Supported	Platforms Supported Windows Supported Mac Not Supported Linux Not Supported Cloud Not Supported On-Premises Not Supported iPhone Not Supported iPad Not Supported Android Not Supported Chromebook Not Supported
Audience Trading platform for anyone	Audience Confident trading software for investors
Support Phone Support Supported 24/7 Live Support Not Supported Online Supported	Support Phone Support Supported 24/7 Live Support Not Supported Online Supported
API Offers API Not Supported	API Offers API Supported
Screenshots and Videos View more images or videos	Screenshots and Videos View more images or videos
Pricing No information available. Free Version Not Supported Free Trial Supported	Pricing Free or $20/mo for premium Buy premium features apart or in packages with discount: Crypto traders - $40 Multi-asset - $50 All-in-one - $100 Free Version Supported Free Trial Not Supported
Reviews/Ratings Overall 3.0 / 5 ease 3.2 / 5 features 3.7 / 5 design 4.0 / 5 support 3.2 / 5 Read all reviews	Reviews/Ratings Overall 5.0 / 5 ease 5.0 / 5 Read all reviews
Pros & Cons from Real Users Pros Nothing yet. This has been a giant pain. You think you are making progress watching their videos only to find it does not work. Very fast and reliable on Mac M1 M2 M3 series. it uses minimal CPU resources. it runs on MacBook battery for a very long time, and I don't need to plug in my MacBook so I'm mobile and feel free to walk around and still see the market. It doesn't crash often like NinjaTrader. everything can be easily backed up and restored - unlike NinjaTrader. And the best thing... is pricing - Order Flow edition is all I need - awesome heatmap like Bookmap ($2k software) and awesome Bid xAsk volume imprint - very important for Order Flow traders. Nothing. Nada. Zip. Garbage. Outdated. Trash. Cheap. Non attractive. Lost in time. Waist of money. Find a different software. Save your money. - lightning fast on M1 Mac - great email tech support - Order Flow edition is more affordable than NinjaTrader and Bookmap - great alternative to Bookmap with similar heats and big order bubble - license comes with iPadOS version with limited functionalities Charting, flexibility. The breadth of analyses that the platform is capable of is also very good. Ability to connect to multiple data sources is great. Cons After watching so many of their videos, I found that some aspects of the videos did not work or lacked complete information. I have spent hours setting up charts and trying to save them. MW support keeps giving me ways to do this. Should be f simple. however, when I reopen MW those charts are not to be found. 'Dealing with emails at customer support it brutal. You have to write and rewrite paragraphs and include screen shots of the progression of the issue. After all that, the fix does not work. i am only continuing with MW because I hear Sierra has literally no customer support. #1. WiFi connection can lag Order Flow volume imprints. If there is a lag, I have to MANUALLY refresh all the Bids x Asks. With Ethernet, this problem is solved. #2 Custom Indicator - very hard to DIY although I have source codes in PineScript. There is a programmer on MotiveWave forum, and his name is Spin. He's very reliable to make one for you. Garbage. Garbage customer Care. Garbage graphics. Garbage experience considering it didn't work and they wanted my to spend 20 hours fixing their garbage software. - not great for charting, TradingView is still the best - losing connection to Rithmic sometimes. However, it's a common issue among NinjaTrader and Tradovate Some of the objects aren’t as smooth as I would like. Overall, however, no big deal.	Pros & Cons from Real Users Pros Features provided in this software are incredible, order flow and volume analysis are useful in live market. Cons It's better to provide all those features in simple manure, its difficult to find for beginners and intermediate levels.
Training Documentation Supported Webinars Supported Live Online Not Supported In Person Not Supported	Training Documentation Supported Webinars Not Supported Live Online Not Supported In Person Not Supported
Company Information MotiveWave Software Founded: 2010 Canada www.motivewave.com	Company Information Quantower Founded: 2017 Ukraine www.quantower.com
Alternatives Bookmap	Alternatives MotiveWave MotiveWave Software
JigSaw Trading Jigsaw Trading	Pravex
Pravega	HaasOnline
WaveBasis	WunderTrading
Trade Ideas View All	Finestel View All
Categories Algorithmic Trading Supported Charting Supported	Categories Algorithmic Trading Supported Crypto Trading Terminals Supported Forex Trading Supported
	Algorithmic Trading Features 2-Click Trading Supported Analyst on Demand Not Supported Auto Fibs Supported Auto Trend Lines Supported Backtesting Supported Basket Trading Supported Drawing Tools Supported Pattern Tools Supported Stock Screener Supported Trading From Charts Supported
Integrations R \| Trader Supported Alpaca Not Supported Alpha Vantage Not Supported Axiory Not Supported Barchart OnDemand Not Supported Binance Not Supported BitMEX Not Supported Bitfinex Not Supported Bybit Not Supported Coinmetro Not Supported Deribit Not Supported FXCM Not Supported Fillbook Not Supported HTX Not Supported HitBTC Not Supported LMAX Digital Not Supported MetaStock Not Supported Poloniex Not Supported SniperJournal Not Supported Tradovate Supported Show More Integrations View All 2 Integrations	Integrations R \| Trader Supported Alpaca Supported Alpha Vantage Supported Axiory Supported Barchart OnDemand Supported Binance Supported BitMEX Supported Bitfinex Supported Bybit Supported Coinmetro Supported Deribit Supported FXCM Supported Fillbook Supported HTX Supported HitBTC Supported LMAX Digital Supported MetaStock Supported Poloniex Supported SniperJournal Supported Tradovate Not Supported Show More Integrations View All 32 Integrations
Claim MotiveWave and update features and information Claim MotiveWave and update features and information	Claim Quantower and update features and information Claim Quantower and update features and information