How our Forex trading simulator was useful [Top reviews]

I love FT 4. I think it's an absolute gamechanger. I understand people use it to backtest strategies to gauge how profitable they are, and while that's a great use for it, I think people are overlooking its true value. If you are new to trading you are more than likely learning from a mentor a strategy that has already been battle-tested and proven. So there is no need for backtesting. Therefore the value in FT 4 is the ability to PRACTICE. You can load up any trading day from the past 20 years and trade it like it's live using whatever strategy you are trying to master. And you can trade multiple sessions a day; you can trade ALL day if you like. FT 4 can cut the average learning curve in 4ths, making it possible for relatively new traders to become unconsciously competent at the SKILL of trading in record time. Absolute gamechanger of a software. Bravo to the creators. I think it's a must-have for any new FX trader.

I have been on the trading since 10 years and i find that i learn everyday with the forex tester.We have to change the mind and train the mind to predict what we see and what is the actual live movement. I am glad i use it to learn new pairs that i want to venture in .Only when i am confortable of what i can understand the pair from the forex tester results do i venture in live trade .

When gathering to test your strategies no other back testing better than FT4. The historical data gives you enough data to test the market.

There support are very helpful when you encounter problem navigating the software. I recommend this to anyone who wants to have an edge in Forex market and accelerate their learning fast.

The technical support engineer was very knowledgeable about Forex Tester and answered my question in a friendly but professional and clear manner.

My experience with Forex Tester is very positive, it has been, apart from trading books, my greatest source of trading technique learning. The objective that Forex Tester helps me achieve is to test trading systems, I wouldn't trade live without using the system on Forex Tester first.

For those traders that are not familiar with Forex Tester, I would say that it is probably the most important tool to improve your trading skills, as you can trade many different pairs with real historical data on the time frames you choose.

"Forex Tester 4 is an improvement over the previous version as it now allows your own personal EA to be converted in an easy manner to be used by FT4 for testing.
Many personal favorite can now be converted and this allows to test a strategy before going with the live account and risking hard earned money. Very great tool for learning to trade prior to trading real money.
Helps gaining confidence in the strategy and the money management."

"Forex Tester 4 is very good; it has a lot of good features. The feature I like the most is the risk % on the execution of orders Congratulations on the great program."

"I like FT4, I can feel It is faster now and have more useful features than the previous version. I really love the feature cursor sync and the copy objects features."

Forex Tester 4 has a lot of the look and feel of Forex tester 3 (which is good). The software is very customizable and includes features like Hotkeys for almost any action and quick buy or sell orders all of which allow for quick action for fast testing.

The ability to use fixed fractional position sizing is the most exciting feature. This allows users to take realistic trades and see their account growth in real time. Previously I was using spreadsheets to determine overall performance. I think the ability to leave notes on the chart is another great feature especially for developing traders. It may take a little time for best practices to be established on how to use them most effectively but I think once that happens it will make Forex Tester 4 a staple in trading education.

ForexTester team did again a very good job with the last and improved version of ForexTester4. I noticed the attention to details and the high variety of new features added, there is no doubt now that a trader can grow to becoming a professional trader without FT4 in their arsenal.

All new features are very useful, one more than another, even starting from the new Icon of the software which I find it very thoughtful from FT team because it creates no confusion among users having multiple versions of FT installed.

My overall impression is that it is a great improvement for manual traders due to the inclusion of the news feature. It is certainly improving my results when backtesting my shorter term systems as it allows insights for entries and exits that no other backtesting software provides.

The features I liked the most were the news, as well as the “% risk to use” calculation when placing limit orders. The % risk one is actually a HUGE timesaver for me from having to do manual calculation or just using a fixed lot size which produces inaccurate backtest results.

Thank you for the opportunity to join the beta-testing team. I am a Forex Tester user since the Forex Tester 2. The new version is very powerful! Excellent job on risk management feature, it really helps a lot! Thank you guys, you are the best!

It was great to test the new version of Forex Tester before it was released. Thank you, Forex Tester team.

I love the ability to switch to NY Close time zone without any calculations. That is really helpful. Besides since the Forex Tester 3 I’ve asked for the risk calculation tool and that was cool to find it in Forex Tester 4. I appreciate how many changes you’ve done in the new version. Really.

You Forex Tester 3 was helpful; I’ve spent so much time while backtesting, but now as I can see how much was done in Forex Tester 4 – it is impressive! Testing right now your new Easy Forex Builder – it looks like a great deal of work, well done. I suggest every trader give it a try.

My congratulations with the new version! I was all fine with the Forex Tester 2, but after all features announcement, I definitely need an upgrade to Forex Tester 4! Good job!

I am a Forex Tester 3 user since 2016 and I must say the new Forex Tester 4 is amazing. The Converter tool is my personal top. News at charts are very helpful too, try to use them, guys! I deeply appreciate the risks calculation feature built-in to the orders. Thanks again!

Wow! So many new features inside the Forex Tester 4! The risk % features are exactly what I need l! Thank you, this will ease the way I backtest.

On April, 16 I finally purchased the Forex Tester program after a long period of thinking about it. Now, 4 months later, I’ve created my own trading strategy with the help of this program which provides me with a not bad income on Forex market. I’m constantly testing new strategies that are being improved while testing. Thanks to all developers of this amazing program!!!!!

"A MUST-have tool. As a price-reading enthusiast, Forextester has immensely help cut down on my learning curve. I have found no other program that can actually do what this one does - and believe me, I have looked. Easy to install and use. Plus, customer support is the best!"

Before I found out about this program I tried to test my systems on the historical data, demo accounts, then I’ve managed to download some free strategy testers.

With these testers I had problems like failure of software, partial or full blocking of their performance….. In general I will say honestly that it is not testing, it is the wasting of your time on my opinion.

I’ve been looking closely to Forex Tester software for quite a long period of time but I was confused by the lack of knowledge on how to work with it; besides the demo version is not functional on my opinion. It took me several days to look through Internet and read testimonials and comments about this particular tester. And finally I’ve made up my mind and believe me I do not regret even a bit; that is what everyone needs! It’s been a year now how I’ve been working with this program and it hasn’t failed even once. It will be useful for those traders who really approach the deal of creating and testing their trading systems in a serious way. I will mention just two main advantages of this tester, but there are really much more of them:

1. You can test strategies at any comfortable time unlike doing it using demo account, where you often must sit in front of the monitor and observe the price movements of the instruments. Let’s suggest that I have free time in the evening, I sat down and was working, and on demo account different important events might happen at that day and if I wasn’t present at my computer I would miss a lot.

2. You can test at any mode, changing the testing speed, go back and forward, observe the work of different instruments and theories on the same period of time on the market as much as you need. That is a brief review about this wonderful program.

respectfully yours,
Vladislav

"I've been using this everyday to practice for about a month now, and This tool has been the best thing I have purchased in my FX Trading career! It took some time getting the charts set up with the templates, especially for my strategy, but its well worth the effort. You probably hear this all the time, but I honestly wish this was the first thing I purchased, it would have made a tremendous difference for me down the road."

It’s been a long time, since 2008, as I was on Forex; I started in several times and several times left it for a long while, because the results left much to be desired – profit-loss were spinning around a “zero” mark.

I purchased Forex Tester in autumn 2013. I began to use it and to build my trading strategy. The program allows seeing the results of your ideas very quickly, and the education process goes several times faster, the experience and the sixth sense are accumulated that cannot be received with the help of any book or theoretical studying. My system was finally built at the end of 2013 and since that time I trade profitably and stable.

I consider this program as one of the most beneficial investments into my education.

"I have been using your software for about a week now, and I must say I don't know how I could've lived without it! I've been trading Forex for over four years, and I did try to keep track of trades on PAPER; but there's always that issue of did price 'really' hit my sell limit, and did price 'really' hit my target? At what exact time? You can fudge it too easily. Plus, when looking at past data on your trading platform, you can already 'see' what price has done and it DOES sway you, even if you tell yourself to just take it bar by bar -- there's always the time when you forget and scroll too far ...

With your software, there's NO view into the future in Testing Mode, and to be honest, I've learned a lot more about price action JUST WATCHING it run! It's been the best money I've ever spent on software for (forex) trading!

I am able to see yearly, monthly, weekly, daily pivots AS THEY FORM (just remember to add enough data prior to your starting test date for the pivots to calculate) and it's great!!!!

I love the order placement with its ease of use ... I was a bit scared of trying it but if I can figure it out, anyone can!

So, in closing - thanks for a great product!"

"First and foremost, sorry for writing in like this as I am too busy (testing my strategy) to look for any options in your website to leave comment or testimonials about your software. Hence I look for a shortcut and write you directly.

I have to give to your team. This software is to me by far the best forex testing software bar none. It allows testing for strategies irregardles of whether you are online or not. You can practice trading almost everywhere. The best thing is, you can test your strategy and get the outcome in much-much less time compared to paper trading in Demo mode. I’ve been almost 2 years trading and most of it paper trade. All those time spent waiting for market to unfold and see the result of my strategy. With FT, I plan my trade, trade my plan and can have the result in less than a minute whatever the time frame I am trading in. This software really cut short the training time.

I thank you for this software. There are some more improvement needed but as it is right now, it is like I said. Excellent. I strongly recommend it to all Forex traders."

Certainly Forex Tester is the best program for working out somebody’s manual strategy. After a long period of working on Forex Tester I gained the ability to almost forecast the movements on a real chart.

Also Forex Tester helped me to dismiss a good deal of hopeless strategies and to improve my working ones.

"Beyond excellent program making me mythical at price action. Love it.

Thank you for making wonderful help to us traders who need to learn more faster.

I use it like shoes, everday, most of the day. Actually use it to relax sometimes. Finding higher probability setups all the time, helping so much. Thank you again."

Yes, really Forex Tester helps, saves time and gives an opportunity to learn quickly and to check the techniques and theories that exist on Internet and work them out in those circumstances when it seems to you that you have found somebody’s secret/gold Grail and being on a high emotional level you check it all very QUICKLY on Tester (not waiting for months to lose your deposit but to find out about the strategy in an hour or two) and understand who was right. And the program proves that it is possible to earn money on Forex.

Thank you very much for your program, I am glad that I have purchased it!

Good day, Forex Tester allowed me to advance in my trading and gave an opportunity to understand several global principles of price action; this program is for those who has decided uniquely to puzzle out what the trading really is; I will looking forward to use it as a tester for a robot, but even those things I’ve understood with the help of this program are hardly to overestimate.

Thank you.

"I have been using ForexTester for a couple years now, and I can say it has been indispensable in my program automation development. This tool is a must for any serious trader, and has enabled me to perform thousands of simulated tests that would have taken many years to complete in a live market.

If you are trading even occasionally, you MUST have this tool!"

Forex Tester has helped me a lot to improve the results of my trading; I became more confident in the chosen and tested trading strategy; also I got an excellent possibility to check the new trading ideas quickly and qualitatively.

Hello! Thank you for the Forex Tester program. I haven’t regretted the purchasing of it even for a moment. It helps me in developing trading strategies. With Forex Tester it is much faster to learn trading.

"I'm just getting into Forex trading and have already spent a ton of money on books, a ton of time on forums and a ton of effort doing demo trading. I stumbled across Forex Tester and decided to give it a try. I'm very pleased that I did.

With it I have been able to do hours and hours of demo trading. Because I can control the speed of the simulation, I can do more demo trading with it than I can with a real demo account (an account that is constrained to real market speed). And I can practice on weekends when the market is closed.

I've already been able to test more than 5 systems and I've learned all kinds of techniques using it - finding support and resistance, drawing trend lines, practicing Fibo retracements and extensions. It has all the studies I could ask for - moving averages, stochastics, MACD, bands, RSI, etc.

With a few good books, a solid connection to a good training community via a good Forex forum and Forex Tester software, I have everything I need to move toward success in my trading. I'm already seeing improvements in my ability to pick good trades, avoid simple newbie mistakes and I'm seeing my simulated account growing already.

Best money I've spent on my Forex education. I can't recommend this software highly enough. Excellent program!!"

"I have to say that this is a great tool. Even though I've only been demoing the trial version I'm glad I found it. So far I haven't found anything similar that didn't require high monthly fees just to get in the door and try or so overly complex that you feel you need to be a programmer just to take your first step!

This allows someone, in a painless manner, to train and test out their theories and strategies without being chained all night to the London session or so tired and beat up afterwards that the New York session feels like nine rounds with a boxer breathing in your face!"

"This is a great program and really goes a long way for testing systems without waiting weeks to see the results. Any plans for building one that allows for Eminis and Futures contracts? I will be first in line to buy one!"

"I've been anticipating getting your software to use for strategy testing. It looks like great software."

"Great software! Just what I need. I am assuming that version upgrades are included in the purchase price, correct?"

"GREAT! That will work. I am quite excited about using this. I actively trade forex. This visual analysis concept will really help. In the past I would manually go through charts, candle by candle and import the info into an excel spreadsheet. Your system is much better."

"THIS SOFTWARE ROCKS! It makes it so easy to actually “pretend” to run real trades based on my strategies. When the profit column starts building up, that just reinforces the need to trade my system. I’m still learning how it all works, but even with my limited knowledge I am pumped!"

"Soy Economista y llevo algunos meses capacitándome para desempeñarme como Trader Intradía. He seguido las recomendaciones de varios de los más reconocidos Traders que son seguidos por cientos de personas en sus webinars diarios y me llamó la atención que “todos” coinciden en los mismo: Utilizar Forex Tester para los cientos de horas y las miles de operaciones de práctica y testeo de estrategias. Es el software que recomiendan los expertos y lo denominan software de simulación profesional. Por lo anterior he comprado Forex Tester después de haber probado la versión demo por unos días. Debido a que me estoy entrenando para ser scalper, requería de una data de muy buena calidad y en Forex Tester la he encontrado. Son años y años de data de alta calidad, de 1 minuto con sus ticks. Adicionalmente, desde que ingresé a la página web, he sido tratado con toda eficiencia y amabilidad, en mi idioma (español). Sé que con Forex Tester lograré mis objetivos. Gracias por este dedicado trabajo."

"First and foremost, sorry for writing in like this as I am too busy (testing my strategy) to look for any options in your website to leave comment or testimonials about your software. Hence I look for a shortcut and write you directly.

I have to give to your team. This software is to me by far the best forex testing software bar none. It allows testing for strategies irregardles of whether you are online or not. You can practice trading almost everywhere. The best thing is, you can test your strategy and get the outcome in much-much less time compared to paper trading in Demo mode. I’ve been almost 2 years trading and most of it paper trade. All those time spent waiting for market to unfold and see the result of my strategy. With FT, I plan my trade, trade my plan and can have the result in less than a minute whatever the time frame I am trading in. This software really cut short the training time.

I thank you for this software. There are some more improvement needed but as it is right now, it is like I said. Excellent. I strongly recommend it to all Forex traders."