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A backtester built to catch strategies that only work on paper

Which is more popular?
Based on our record, DEV.to seems to be more popular. It has been mentioned 714 times since March 2021.
Website, pricing, platforms and company facts side by side.
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| Website | honestbacktester.com | dev.to |
| Pricing | — | |
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| Company | Startup from Ireland | Startup from the United States |
| 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 DEV.to yet.
What each product offers, as listed by its team.


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An editorial look at what each product does well and who it suits.


Overall verdict
Why this product is good
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Overall verdict
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Ben Halpern founder of Dev.To & The Practical Dev
How often each product is chosen within a category, 0–100% relative to the other.


As answered by people managing Honest Backtest Engine and DEV.to.
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.
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External articles and on-site reviews we used to compare the two products.


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The 'dev.to' forum is a great place for developers to find answers, share their knowledge, and learn from others. It's a place for people to talk about their projects, ask questions, and get feedback.
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As a mini-blog, it is a nice alternative for Medium to publish and share information about programming. However, the community and the organization are biased toward social justice (and they are open to it). You can...
Recommendations tracked on public social media and blogs since March 2021.


Tracking Honest Backtest Engine since Jul 2026.
Over the past month on Forem (the Rails monolith that powers DEV), we have been gradually replacing dozens of our own internal Ruby modules with Rust. As I wrote in Our Looping Factory Cut DEV Page Load Time by 75% and Counting, one of... - Source: dev.to / about 16 hours ago
A month ago, an average web request on DEV took about 70 milliseconds inside Rails, with P99 response time coming in at over 1s much of the time. Today, across roughly 300,000 sampled requests a day in Better Stack, that number sits at... - Source: dev.to / 9 days ago
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