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A backtester built to catch strategies that only work on paper
Which is more popular?
Based on our record, AppWrite seems to be more popular. It has been mentioned 178 times since March 2021.
Website, pricing, platforms and company facts side by side.
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| Website | honestbacktester.com | appwrite.io |
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| Platforms | — | |
| Company | Startup from Ireland | Startup from Israel |
| Listed in |
In their own words, as submitted to SaaSHub.


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...
No description of AppWrite yet.
What each product offers, as listed by its team.


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
AppWrite is recommended for developers building applications who require a scalable backend solution without the overhead of managing infrastructure. It is particularly suited for developers who prefer open-source platforms and those who want to avoid vendor lock-in. AppWrite's features make it a good fit for startups, hobby projects, and even educational purposes where full control over the backend is desirable.
Walkthroughs and reviews on video.
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Appwrite quickstart tutorial
How often each product is chosen within a category, 0–100% relative to the other.


As answered by people managing Honest Backtest Engine and AppWrite.
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 Honest Backtest Engine and AppWrite. For example, how are they different and which one is better?
External articles and on-site reviews we used to compare the two products.


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Appwrite’s self-hosted nature gives you complete control over your data and infrastructure, great for those who are security-conscious. It also offers a comprehensive set of features, including user authentication,...
Appwrite is an open-source backend-as-a-service platform that provides a comprehensive set of tools and APIs to help developers build modern applications. It focuses on simplicity and developer experience.
Appwrite is a self-hosted BaaS platform giving you all the tools you need to build all sorts of application.
Recommendations tracked on public social media and blogs since March 2021.


Tracking Honest Backtest Engine since Jul 2026.
Initially, I was using the Supabase free tier, but I was hitting the limits, and my app was becoming stale. Then I switched to Appwrite. Both are totally different; one is SQL, while the latter one is NoSQL. Although use node-appwrite... - Source: dev.to / 10 months ago
Appwrite is an open-source platform that simplifies backend setup by providing authentication, databases, storage, functions, and hosting all in one place. - Source: dev.to / about 1 year ago
I love Appwrite. My first hackathon was actually from Appwrite (using Appwrite) 2 years ago, and I've been using it ever since. - Source: dev.to / over 1 year ago
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