OptionNet Explorer
OptionNet Explorer: A Windows-focused options tool for historical backtests, position tracking, and broker orders. Ranked #9 of 18 in Quant Tools by our editors (8.2/10); pricing: Paid; best for options strategy backtesting.
At a glance
- Editor score8.2 / 10
- PricingPaid
- Best forOptions strategy backtesting
- Free planNo
- Paid from£165/mo
- Live trade executionYes
- Facts checked24 Sep 2026
Where it wins
- Backtests options trades against historical market data
- Compares strategies and tracks adjustments, commissions, and profit and loss
- Monitors positions and sends orders to Interactive Brokers and Tradier
Where it doesn't
- Runs on Windows
- Subscriptions are paid; the 10 Day Trial costs GBP 25 one-time
- Account information and backtest history are stored on vendor servers
Our verdict on OptionNet Explorer
OptionNet Explorer is Windows software for designing and analyzing options strategies, backtesting trades, and managing positions. It is aimed at individual options traders who want to compare strategies against historical data, track adjustments and commissions, and monitor positions. The vendor describes it as intended for non-commercial use. Its focus is options workflows rather than a general-purpose quant research environment, so traders seeking options-specific analysis may find the scope suitable, while those needing a different asset focus should look elsewhere.
Historical options market data is available in five-minute intraday and end-of-day forms. Users can build and compare strategies for underlying symbols, track cumulative profit and loss, and monitor positions with broker-provided live or delayed data. Orders can be sent directly to Interactive Brokers and Tradier, and thinkorswim is also listed as an integration. That combination links historical analysis with monitoring and execution workflows, although the stated platform support is Windows only.
The published plans show a GBP 25 one-time fee for the 10 Day Trial. A 3 Months subscription costs GBP 165 per 3 months, while 12 Months costs GBP 535 per 12 months; both subscriptions include historical options data, software upgrades during the subscription, and support access. Amounts exclude VAT. Support channels include tickets, live chat, a knowledge base, and instructional videos. Account information and backtest history are stored on vendor servers, a consideration for buyers assessing data handling. Choose OptionNet Explorer for Windows-based options backtesting and position monitoring tied to supported brokers; skip it if Windows support or server-stored account and backtest history does not suit your requirements.
Your product? Our editors can test OptionNet Explorer in depth and publish a review, labelled as paid · from $149/mo →
OptionNet Explorer pricing
All 3 OptionNet Explorer plans and prices →
OptionNet Explorer fact sheet
| Free plan | No |
|---|---|
| Paid from | £165/mo |
| Strategy backtesting | Yes |
| Live trade execution | Yes |
| Paper trading | Not verified |
| Asset classes | Stocks |
| Strategy languages | Not verified |
| Historical data access | Yes |
| Deployment | Desktop, Cloud |
| Platforms | Windows |
| Support | Email, Live chat, Tickets, Docs |
| Built for | Solo, Small business (editorial estimate) |
| Integrations | 3 integrations: thinkorswim, Interactive Brokers, Tradier |
| Pricing | Paid (source) |
| Website | optionnetexplorer.com |
| Facts checked | 24 Sep 2026 |
OptionNet Explorer integrations
OptionNet Explorer lists 3 integrations on its own site.
- thinkorswim
- Interactive Brokers
- Tradier
Alternatives to OptionNet Explorer
- QuantConnectA multi-asset research and trading workflow with backtesting, paper trading, and live deployment.9.3
- ProRealTimeMulti-platform charting, backtesting and automated trading through broker partners.9.0
- BacktraderA free, open-source Python framework for strategy research and broker-connected trading.8.8
See all OptionNet Explorer alternatives →
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Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026
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