
WordPress
Medium
Blogger
Drupal
Tumblr
SquareSpace
Jekyll
Ghost is a fully open source, adaptable platform for building and running a modern online publication. We power blogs, magazines and journalists from Zappos to Sky News.

AlgoBacktest
Options Backtesting Engine
Portfolio Backtest
Backtrader
ETFreplay.com
GreeksLab
QuantConnect
A backtester built to catch strategies that only work on paper

Which is more popular?
Based on our record, Ghost seems to be more popular. It has been mentioned 197 times since March 2021.
Website, pricing, platforms and company facts side by side.
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| Website | ghost.org | honestbacktester.com |
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| Platforms | — | |
| Company | Startup from the United Kingdom | Startup from Ireland |
| Listed in |
In their own words, as submitted to SaaSHub.


No description of Ghost yet.
Most backtests flatter you — great numbers in, great numbers out. Honest Backtest Engine is built to do the opposite: it tests your strategy on data it never saw, models real commission, slippage and borrow, deflates the Sharpe for how many combinations you tried, and Monte-Carlo stress-tests the...
What each product offers, as listed by its team.


Possible disadvantages
No features have been listed yet.
An editorial look at what each product does well and who it suits.


Overall verdict
Why this product is good
Recommended for
Overall verdict
Why this product is good
Recommended for
Walkthroughs and reviews on video.
Why I Moved My Blog From WordPress to Ghost
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How often each product is chosen within a category, 0–100% relative to the other.


As answered by people managing Ghost and Honest Backtest Engine.
Honest Backtest Engine's answer:
Most backtesting tools are built to make a strategy look good. Honest Backtest Engine is built to do the opposite — to catch the strategy that only works on paper before you risk real money on it. Every run headlines out-of-sample results, charges real trading costs, deflates the Sharpe ratio for how many parameter combinations you tried, and Monte-Carlo stress-tests the outcome. It ends in a single believability score from 0 to 100, and it shows you the checks your strategy failed, not just the ones it passed. No other tool leads with the red marks.
Honest Backtest Engine's answer:
It was built out of a common, painful experience: strategies that backtest beautifully and then quietly lose money live. That gap is almost always caused by overfitting, ignored costs, look-ahead bias, or a single lucky run mistaken for an edge — and most backtesting tools do nothing to catch it. Honest Backtest Engine exists to run those checks automatically and to be honest about the result, even when the honest answer is "this edge probably isn't real."
Honest Backtest Engine's answer:
Because it's designed to tell you the truth rather than flatter you. It models real commission, slippage and borrow costs, it's look-ahead-proof, and it produces a tamper-evident signed report anyone can verify without trusting you. It runs entirely on your own machine — your data and strategies never leave your computer. It's a one-time €149 purchase with every future version included, no subscription. And it comes with a guarantee: if it doesn't catch a backtest that was lying to you within 30 days, you get a full refund.
Honest Backtest Engine's answer:
Retail and independent algorithmic traders who build and backtest their own strategies — especially anyone who has watched a great-looking backtest lose money in live trading and wants to know whether an edge is real before funding an account. It suits people comfortable with concepts like Sharpe ratio, overfitting and out-of-sample testing, though the reports are written to be readable without a quant background.
Honest Backtest Engine's answer:
Python, with pandas and NumPy for the backtesting engine and data handling. Reports and the local interface are rendered as HTML in the browser. Reports are cryptographically signed using Ed25519 so they can be independently verified. It runs as a self-contained local application on Windows, Mac and Linux.
Share your experience with using Ghost and Honest Backtest Engine. For example, how are they different and which one is better?
External articles and on-site reviews we used to compare the two products.


Ghost specializes in creating a monetized blogging platform. Based on their subscription status, readers can create user profiles, sign up for newsletters, and browse your entire blogging calendar. The platform’s...
Ghost is known for its simplicity and focus on content creation. It's a great option for writers and creators who want a clean and distraction-free environment to publish their work.
If you don’t already have a website, Ghost may be an appealing option as a Patreon alternative. However, customizations are limited, and you’ll need to choose a pre-built design from the theme library. There are a few...
We have no reviews of Honest Backtest Engine yet. Be the first one to post
Recommendations tracked on public social media and blogs since March 2021.


I'm curious...isn't the name `ghost` an infringement between ghost, the app / CMS alternative to WordPress? https://ghost.org/. - Source: Hacker News / about 1 month ago
Digital production has lowered the cost, and the Ghost platform in particular is a great value for small publishers, bundling together the blog, newsletter and subscriptions in one package, even now including ActivityPub federation. And... - Source: Hacker News / 10 months ago
Https://ghost.org — Open-source run by a non-profit headquartered in Singapore. - Source: Hacker News / 11 months ago
Tracking Honest Backtest Engine since Jul 2026.
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