Traders Gym Alternatives: Top 5 Backtesting and Trading Simulators

In this article, we will explore the best alternatives to Traders Gym for traders who need more advanced backtesting, deeper historical data, or additional market coverage.

This list includes: Forex Tester Online, TradingView, MetaTrader, NinjaTrader, and Soft4FX.

Why Look for a Traders Gym Alternative

Traders Gym, offered by ThinkMarkets, is a trading simulator that allows Forex and CFD traders to practice their strategies in a risk-free environment. It is designed to help traders improve their skills by providing real-time market conditions without the financial risk of live trading.

By simulating market movements, Traders Gym enables users to test different trading approaches, refine their decision-making process, and build confidence before entering the live markets.

Despite its benefits, Traders Gym has some limitations that lead traders to look for alternatives. One of the main concerns is the lack of deep historical data, which is essential for traders who want to backtest their strategies over extended periods. Many traders need access to years of tick-by-tick data to see how their strategies would have performed in different market conditions, but Traders Gym primarily focuses on real-time market simulations rather than extensive historical testing.

Another limitation is its focus on Forex and CFDs, which may not suit traders looking to test strategies in other asset classes such as stocks, indices, or commodities. A more versatile platform with broader market coverage can be beneficial for those who trade multiple asset types and want to evaluate their strategies across different market environments.

Traders who prioritize detailed analytics and advanced reporting may also find Traders Gym lacking in this area. While it provides a solid simulation environment, it does not offer the level of in-depth performance metrics, trade analysis, or optimization tools available on dedicated backtesting platforms. Those looking for more granular insights into risk management, trade efficiency, and profitability over time may prefer a platform with stronger analytical capabilities.

If you’re searching for a Traders Gym alternative that offers more comprehensive backtesting, broader asset support, and deeper analytics, here are five of the best platforms to consider.

Best Traders Gym Alternatives

Time to move on to alternatives. Here are the TOP 5 best tools based on the sum of criteria.

1) Forex Tester Online

Forex Tester Online is a dedicated backtesting platform that allows traders to test their strategies with precision and full control.

• Fast and Realistic Backtesting – Simulate months of trading in minutes using detailed tick-by-tick historical data.
• Extensive Market Data – Access 20+ years of historical data across 70+ symbols, including Forex, stocks, futures, indices, and crypto.
• User-Friendly Interface – No coding required; place and manage trades directly on the chart.
• Customizable Strategy Testing – Adjust speed up to one day per second, sync multiple charts, and analyze performance with advanced reports.
• Real-World Trading Conditions – Includes real spreads, commissions, swaps, and margin requirements for accurate results.

Unlike Traders Gym, which focuses on live market simulation, Forex Tester Online offers a more advanced backtesting environment with deeper historical data and greater flexibility for refining strategies.

2) TradingView Paper Trading

TradingView’s paper trading feature lets traders practice strategies in a live market environment without real money.

• Integrated with TradingView’s advanced charting tools.
• Supports multiple asset classes, including Forex, stocks, and crypto.
• Lacks deep historical backtesting compared to dedicated platforms.

3) MetaTrader Strategy Tester

MetaTrader’s built-in strategy tester allows traders to test automated trading strategies using MQL4 or MQL5.

• Works with MT4 and MT5 for Forex and CFD trading.
• Allows testing of automated strategies with historical data.
• Limited manual trading simulation compared to Traders Gym.

4) NinjaTrader Simulated Trading

NinjaTrader provides a simulated trading mode that allows traders to test strategies in real-time or with historical data.

• Ideal for Forex and futures traders.
• Includes advanced charting tools and market data.
• Requires a subscription or brokerage account for full features.

5) Soft4FX Simulator

Soft4FX is a MetaTrader add-on that provides historical market simulation for Forex traders.

• Works within MetaTrader 4, making it familiar for existing users.
• Supports multiple Forex pairs and customizable spread settings.
• Requires manual setup and lacks some automation features.

Conclusion

If Traders Gym doesn’t offer the level of backtesting or market data you need, there are several strong Traders Gym alternatives. Forex Tester Online is the best choice for traders who want an advanced backtesting platform with accurate simulations and detailed historical data. TradingView and MetaTrader provide solid simulation tools, while NinjaTrader and Soft4FX offer more in-depth market analysis options.

Choose the platform that best fits your trading style and testing needs.

FAQ

What’s the main difference between Traders Gym and these alternatives?

Traders Gym is primarily a trading simulator, meaning it allows traders to practice in a risk-free environment. Alternatives like Forex Tester Online focus on backtesting, which lets traders test strategies against historical data to refine them before live trading.
 

Which is the best alternative for serious backtesting?

Forex Tester Online is the best option for traders who need a dedicated backtesting platform with precise historical market simulations, advanced analytics, and full control over their strategy testing.
 

Is there a free alternative to Traders Gym?

TradingView Paper Trading is free, but its backtesting capabilities are limited. If you need serious backtesting, a paid option like Forex Tester Online or NinjaTrader Simulated Trading is a better choice.