12 years of experience along with 50,000 customers who have entirely changed their approach to Forex trading allow us to state the fact that Forex Tester is the best Forex analysis software when it comes to backtesting your strategies. Finding what works and what does not work on the currency market never was so simple.

Back testing software without data is like a car without fuel. That is why we suggest you to download completely free data of a medium-quality right from your Forex Tester. However, if you are looking for high-quality data or even tick data, you can buy it for some additional, yet reasonable, price.

Great strategy’s performance on one currency pair does not necessarily guarantee success on another one. Time is precious and you do not need to wait until the software finishes testing your strategy on EURUSD before you go for GBPUSD. Test your trading system on as many symbols as you wish. The amount of simultaneous testing charts is limited with your computer possibilities only. Selecting a proper time frame might be difficult for a trader, especially a novice one. Since you purchase Forex Tester, you do not need to put on trust someone else’s assumptions – test your system on all time frames possible (including the custom time frames like M3, H2, H8 and alike) and make your choice of which time frame to choose basing your conclusion on testing results. To save your time even more, feel free to test the strategy on many time frames at the time. At the end of the testing, just pick that time frame that gave you the maximum profit.

If you purchase Forex Tester, you spend just $199.00 . Then divide this amount per your hourly rate (let’s say, it is $20 per hour). It means that with the lowest hourly rate you will need to work for 10 hours in order to earn for the software’s license. Now imagine how much time and efforts it will save to you. It usually takes years to become a profitable trader. You can spend 3 years * 365 days * 1 hour a day = 1,095 hours to succeed on Forex using a demo account or 10 (to work for software) + 200 (to find out the strategy that performs great) = 210 hours if you use our program. Certainly, these calculations are too approximate; however, they give a clear vision of how Forex Tester will save your time and money. Add to your time spending all that money that you will lose on a real account while learning – those hundreds or even thousands of dollars cannot be compared to $199.00 that you need to spend just once in your life.

As you probably know, brokers make money when you lose them. Here, in Forex Tester, we are highly interested in your success – the more you learn while backtesting, the more you earn on a live account. Moreover, the more you earn, the more you will suggest our software to your friends. It is a win-win situation for both parties.

Once the strategy is tested, a trader needs to estimate its performance. The built-in statistics will automatically display various indications of the tested method so you could understand if this strategy is worth incorporating into your live trading. This statistics can be also used for getting insights on how to improve your strategy.

Every trader should have the choice which trading instrument to choose.

No one should be limited by most common currencies only. There are a lot of traders who want to trade majors and most popular crosses. But there are also plenty of people who want to trade the currencies of their countries. Others desire to learn how to trade very rare currency pairs, popular stocks, indexes and commodities.

Forex Tester’s paid services allow you to get all of 118 symbols (instead of 18 symbols of the basic subscription type).Why to go for less when you can get more with some decent payment? Trade gold, Dow Jones Industrial Index and Russian Ruble; make use of silver, IBM stocks, Honk Kong dollar and S&P 500.

Solution: Every dollar you spend on your education will be multiplied afterwards. Never refuse to invest into your knowledge and skills!

Every trader needs to backtest his strategy on the historical Forex data of his broker.

Example:imagine that you are a boxer and you train hard 7 days a week preparing for the fight. You watch videos of the fights of your opponent, learn his specific moves, invent the methods how to eliminate his strong sides and strengthen your weak points. Then you go on ring and all of a sudden you discover that you are going to fight with the opponent you’ve never seen before. Somehow the people who are in charge of the fight changed the guy you had to fight with on another boxer. All your preparations were completely useless: you are frustrated and shocked at the same time. The same thing happens on Forex if you trained yourself on the data of one broker and afterwards traded on the historical market data of another one.

Solution: to avoid this unnecessary issue you would better use the historical Forex rates of your broker from the very beginning. Our paid market data feed is taken from 10 different brokers at any taste for your most accurate results.

Traders are interested to use the historical financial data of the latest events. It is certainly useful to test your trading system on the historical Forex data of the previous years but most of the people want to backtest them on the yesterday’s historical tick data.

Example1: If today is the 14th of February then you have to wait for 2 more weeks in order to backtest your strategy on the February’s historical Forex rates. With paid services there is an opportunity to download today’s market data feed the next day.

Example 2: You were at work and you’ve missed good trades that happened in the afternoon. You have 2 options: to feel bad about it or to download this Forex data feed tomorrow and test how would your strategy perform in those circumstances.

Solution: Do not wait for months – buy it now.

5-digit data allows getting the most accurate backtesting results especially when it comes to the short-term and scalping strategies.

If you put to use small stop loss and take profit values, if you open dozens of trades every single day, then the 5-digit data is an obligatory element of your backtesting.

Forex tick data shows the real non-simplified market conditions. If the price has been changing for 45 times during the current candlestick then you need to see all those changes. 1-min data will only show 4 prices to you: open, high, low and close.

Example: imagine that you are using a short-term strategy or a scalping strategy. You use free Forex data feed that provides you with just 4 prices on each 1-min candlestick. For long-term strategies this option is sufficient, but what if your trade lasts for less than one minute? Most of the scalpers close their orders in 20-30 seconds and each tick is incredibly important for the final result. With Forex tick data you will also get that specific feeling as if you are trading online. This is a crucial factor in your psychological growth as a trader.

Solution: buy historical tick data and trade as on a real market.

Not only the price and volumes change on the Forex market. The spread tends to be different depending on the different circumstances on the market. Before and especially during big news spread can become altered significantly. You might learn the simplified version of Forex, then go to a real market and find out that your version has nothing to deal with reality.

Solution: purchase the high-qualitative historical financial data and get used to the real conditions from the start.

Forex tick data shows the real non-simplified market conditions. If the price has been changing for 45 times during the current candlestick then you need to see all those changes. 1-min data will only show 4 prices to you: open, high, low and close.

Example: imagine that you are using a short-term strategy or a scalping strategy. You use free Forex data feed that provides you with just 4 prices on each 1-min candlestick. For long-term strategies this option is sufficient, but what if your trade lasts for less than one minute? Most of the scalpers close their orders in 20-30 seconds and each tick is incredibly important for the final result. With Forex tick data you will also get that specific feeling as if you are trading online. This is a crucial factor in your psychological growth as a trader.

Solution: buy historical tick data and trade as on a real market.

Not only the price and volumes change on the Forex market. The spread tends to be different depending on the different circumstances on the market. Before and especially during big news spread can become altered significantly. You might learn the simplified version of Forex, then go to a real market and find out that your version has nothing to deal with reality.

Solution: purchase the high-qualitative historical financial data and get used to the real conditions from the start.

You will be able to renew your data feed every single day during the next year. Most professional traders claim that the latest data are the most important. That is why testing on the latest historical rates create the biggest proof whether your trading system is capable of bringing profits or not.

Analogy. In an exponential moving average, the latest price has twice-bigger impact compared to the previous ones. The same principle can be applied to the data: test your strategy on many years of historical rates and consider caring more about the results of the last year.