BacktestScore

Minerva vs AmiBroker (2026)

Minerva (cloud research platform whose engine is built around not fooling yourself) and AmiBroker (windows desktop platform for high-speed portfolio backtesting in the afl language) solve backtesting differently. The table below compares them on verified specs and pricing; full details are in each review.

Side by side

MinervaAmiBroker
Overall score7.2 / 106.5 / 10
Engine typeevent-drivenhybrid
Pricing modelsubscriptionone-time
Free tierNoYes
Entry price$99/mo$0
Languagesno-code, natural language (compiled to a typed signal IR)AFL (AmiBroker Formula Language), C++ (plugin ADK), JScript/VBScript (OLE automation)
Asset classesUS equities, US ETFsstocks, ETFs, futures, forex, mutual funds, crypto (via imported data)
Bundled dataBundled US equity and ETF bars from roughly April 2016 to June 2026, 1-minute to daily, split-adjusted at storage with CRSP-style backward dividend adjustment. No tick data. No user data import.No market data is bundled. The AmiQuote companion app (included in the Ultimate Pack, $99 standalone) downloads free EOD data from Yahoo Finance and Stooq, plus limited free intraday from Barchart OnDemand. Paid sources (Tiingo, eSignal, IQFeed, Norgate, Interactive Brokers) plug in when you need higher quality.
Finest resolution1 minutetick (Professional edition, with a tick-capable feed such as eSignal or Interactive Brokers); Standard edition is limited to minute bars
Live tradingNoYes
Options supportNoNo
Open sourceNoNo

Minerva

Cloud research platform whose engine is built around not fooling yourself

AmiBroker

Windows desktop platform for high-speed portfolio backtesting in the AFL language

Frequently asked questions

Is Minerva better than AmiBroker?

They target different users. Minerva: someone who cares more about whether a backtest is telling the truth than about how many markets it can reach, and who wants that without writing code. AmiBroker: systematic eod and swing traders on windows who want the fastest affordable portfolio-level backtesting and optimization, own their data pipeline, and don't need turnkey live execution or options modeling. Our scores: Minerva 7.2/10, AmiBroker 6.5/10.

Which is cheaper, Minerva or AmiBroker?

Minerva entry pricing: $99/mo (subscription). AmiBroker: $0 (one-time). See each review for full verified pricing tables.

Educational content only, not investment advice. Specs and prices come from each platform's official pages; see the individual reviews for sources and last-verified dates.