Software Alternatives & Startups

Forex Tester

Forex Tester Online is a software that simulates trading in the Forex market on Mac & Windows , so you can learn how to trade profitably, create, test and refine your strategy for manual and automatic trading.

Forex Tester

Forex Tester Reviews and Details

This page is designed to help you find out whether Forex Tester is good and if it is the right choice for you.

Screenshots and images

  • Image date //
    2024-09-09
  • Image date //
    2024-09-10
  • Image date //
    2024-09-10
  • Image date //
    2024-09-10
  • Image date //
    2024-09-10

Features & Specs

  1. 23 Years of Accurate Historical Data

    Backtest strategies with extensive, reliable market data for enhanced trading insights.

  2. Manual Backtesting and Forward Testing

    Validate strategies with past data and simulate future trades for comprehensive analysis.

  3. Reward-to-Risk Tool

    Analyze and improve the reward-to-risk ratio of a trading position with a graphical tool showing entry price and adjustable slop-loss and take-profit levels.Analyze and improve the reward-to-risk ratio of a trading position with a graphical tool showing entry price and adjustable slop-loss and take-profit levels.

  4. Multiple currencies and timeframes

    Test your strategy on several currencies and time frames at the same time. In Forex Tester you can open any number and combination of charts of various pairs and time frames. All charts are synchronized.

  5. Create EAs and Algo-Trading Strategies

    Take advantage of our proprietary Easy Forex Builder software to develop your own Expert Advisors and trading bots with no coding skills required.

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Questions & Answers

As answered by people managing Forex Tester.
  1. Which are the primary technologies used for building Forex Tester?

    React, .NET, TypeScript

  2. How would you describe the primary audience of Forex Tester?

    Traders who do not want to lose their money on a real exchange, but test their ideas for free 100 times faster.

  3. Why should a person choose Forex Tester over its competitors?

    Detailed and super accurate order processing, like on a real exchange, which allows the user to test everything with an error close to zero. Also a pool of features that is incomparable with competitors like custom EA, indicators.

  4. What makes Forex Tester unique?

    User Experience: The fact that we have a self-written chart that works perfectly with all elements in the application.

Videos

The Only Trading Tool To Improve Your Strategy FOR FREE!

Is this the BEST Backtesting Software for Traders? (ForexTester Online)

Forex Tester Online (FTO) Backtesting Tool

External sources with reviews and comparisons of Forex Tester

Top 8 Forex Tester Alternatives in 2024
Overall, Forex Tester and Forex Tester Online are not just two versions of the same program. They are two completely different backtesting solutions. Forex Tester has more features, but only available for Windows and has outdated design. Meanwhile, Forex Tester Online (FTO) has more user-friendly and modern design and available online on any device. But it doesn’t have all Forex Tester’s features yet.

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Forex Tester discussion

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Is Forex Tester good? This is an informative page that will help you find out. Moreover, you can review and discuss Forex Tester here. The primary details have not been verified within the last quarter, and they might be outdated. If you think we are missing something, please use the means on this page to comment or suggest changes. All reviews and comments are highly encouranged and appreciated as they help everyone in the community to make an informed choice. Please always be kind and objective when evaluating a product and sharing your opinion.