Forex Tester Reviews
Forex Tester Customer Reviews (3)
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Forex Tester Customer’s Q&A
Forex Tester Features and Benefits
Here are some key features and benefits of forextester.com:
- Multiple currencies and timeframes: Test strategy on several currencies and time frames at the same time.
- Interactive Forex Courses: Learn Forex right in the software using interactive built-in courses.
- Realistic backtesting environment: Produces realistic test results.
- User-friendly interface: Optimized for individual needs with templates.
- Comprehensive set of trading indicators and drawing tools.
- Seamless export of trading records.
- Easy import of price data.
- Lifetime and multi-channel support.
- Testing Automatic Strategies (Expert Advisors).
- Combined strategies testing: Test different ideas before spending time and efforts on programming fully automatic strategies.
These features make forextester.com a comprehensive tool for both beginners and experienced traders to develop and refine their trading strategies. Happy trading!
About forextester.com Prices and Cost?
Forex Tester offers several pricing options. The License Forex Tester is available for a one-time payment of $149. This includes unlimited usage and a Basic Data Subscription, which provides 23 years of medium quality real historical data with 18 symbols and monthly updates for free.
There are also packages that include the Super Data Subscription. The monthly Super Data Subscription costs $30 per month and comes with the License Forex Tester for a one-time payment of $139. The annual Super Data Subscription costs $199 per year and comes with the License Forex Tester for a one-time payment of $100.
The Lifetime package Super Data is a one-time payment of $439 and comes with the License Forex Tester for a one-time payment of $100. All these prices are exclusive of value-added tax (VAT), which is determined based on the buyer's country and is automatically added to the cost of the selected product.
Please note that these prices are subject to change and it's always best to check the official website for the most accurate and up-to-date information.
About forextester.com Payment Method?
Forextester.com offers multiple payment methods for purchasing their services. Customers can make payments using Credit/debit card, PayPal, WebMoney, and Wire Transfer. For companies, payment is also possible through a PO (Purchase Order). The payment process involves selecting a package, clicking the "Buy Forex Tester" button, entering personal information, selecting a payment method, and submitting the order. A confirmation email with a license key is sent shortly after the purchase is approved. If the payment process or options seem too complicated, prepayment can be made through PayPro with credit/debit cards including Visa, Master, JCB, or with a wire transfer.
Forex Tester FAQs
Forex Tester Alternatives
Here are the top 10 alternatives to Forex Tester:
- Forex Tester Online (FTO): A more modern design and available online on any device.
- TradingView: An advanced financial visualization platform.
- Kite: An application to buy and sell shares, stocks, etc.
- thinkorswim: Trade equities, options, futures, and forex.
- eToro: A leader in the global Fintech revolution.
- E*Trade Web Platform: The original place to invest online.
- MetaTrader 4: A FCA-regulated provider of FX and CFD trading.
- IEX: Designed to provide execution quality by protecting resting orders.
- Speedbot: A cloud-based All-in-One Algo-Trading platform.
- InfoTrie: One of the best alternatives to Forex Tester.
Each of these platforms offers unique features and benefits. It's recommended to explore each one to find the best fit for specific trading needs. Remember, the right tool depends on individual trading strategies and goals. Happy trading!
How To Open A Forex Tester Account?
To open an account on forextester.com, follow these steps:
- Visit the forextester.com website.
- Download the Forex Tester software. There is a Demo version available that contains 1 month of historical data for 18 symbols.
- Install the software on your computer.
- After installation, you can start testing strategies using the Quick Start guide.
- When the testing begins, the bars start moving on the chart(s), and the “Start” button changes to “Pause”.
- You can adjust the bars’ settings on the chart(s) using the toolbar.
- Forex Tester can also test automated strategies written with C++ and Delphi.
Remember, Forex Tester is a backtesting software, so it doesn't require a traditional account opening process like a live trading platform. It's primarily used for strategy testing and not for live trading. Happy testing!
Is Forex Tester a trading platform?
Is it possible to test multiple strategies at once with Forex Tester?
Can I use Forex Tester for other markets beside forex?
Does Forex Tester have a free trial version?
Is customer support available for Forex Tester users?
What are the system requirements for Forex Tester?
Forex Tester is compatible with most computers produced in 2005 or later. If the program does not work on a computer for whatever reason, assistance will be provided to fix the issue or a refund will be given. For those who need more specific technical details, minimal technical requirements are available. The most important component for Forex Tester is a fast hard drive, as it works with huge arrays of data cached on HDD and performs many read/write operations during testing. The processor is the second most important component. However, for many users, a regular system configuration is sufficient.
Can I use my own data with Forex Tester?
Yes, Forex Tester allows clients to use data from their own sources. It supports imports from .txt, .csv, and .hst files. It is recommended to import 1-minute bars for accurate testing, but the program will work well with any timeframe. The time zone of historical data can be set when importing this file with data to the program. In this case, the software will adjust historical data of the symbol to a correct time zone when selected during the project creation. Historical data can be imported via the Data Center window only. Use the "Update from server" button to download data from the server and the "Import from a file" button to import the data from a text file. The software converts historical data to higher timeframes automatically, so importing 1-minute data into the program is recommended. In this case, this data can be used on any timeframe in the Forex Tester program.
How do I pay for Forex Tester?
To pay for Forex Tester, one can visit the official website. There, options for a free trial or purchasing the full version of the program are available. If there's interest in exploring other markets in addition to Forex, a paid subscription can be obtained that includes more than 800 different symbols. Some testers offer a one-time purchase, while others require a subscription or offer a free trial period. It's advisable to evaluate the pricing plans and consider the features and functionalities for the price. This ensures good value for the investment.
Can I get a refund if I'm not satisfied with Forex Tester?
Yes, Forex Tester does offer a refund policy. If a customer is not satisfied with the product, they can contact the support team via email at support@forextester.com and ask for a refund. The customer should provide a reason for the refund request. The request will then be processed, and the money will be returned. It's important to note that all newly-purchased software licenses and data service subscriptions are covered with a 14-day unconditional money-back guarantee. Additionally, there is a 30-day money-back guarantee for customers who purchase the program and use it in full mode for 30 days. If they don't like it, they can get their money back.
About forextester.com Popular Products and Services?
Forextester.com offers a product known as Forex Tester, which is a backtesting software for trading. This software is independent and not a trading platform. It allows users to practice Forex, Futures, and Stocks trading, improving their trading performance. The software provides a simulated environment where traders can test their strategies until they're solid, avoiding costly mistakes in real trading.
Forex Tester is likened to a trading gym, where users can flex and tone their trading strategies, giving them the shape and strength they need to win in the competitive Forex market. It helps traders understand how risky their trading strategies are and tweak them until they're ready for real trading.
The software also boosts traders' confidence by allowing them to hit the market with tested strategies that they trust. It's a powerful learning tool that helps users understand the market better. With Forex Tester's historical data, users can understand how various market conditions might shape the future.
Forextester.com also offers interactive Forex courses built into the software, allowing users to learn Forex right in the software. These courses provide a high rate of information retention compared to other learning methods. The software also offers features like an AI-based Strategy Optimizer, Historical News Service, One-Click Forex Trading Tool, Easy Forex Builder, Money Management, Multiple Testing, Time Saving Statistics, Historical Data, Automated Trading, Reliability & Control, Date/Time Settings, and more.
Forextester.com offers three packages: Basic, Standard, and Super. Each package provides access to popular forex strategies, allowing users to start practicing as soon as they sign up. The website also provides tips on Forex trading and backtesting, including how to develop a custom Expert Advisor for news-based trading.
How much does Forex Tester cost?
Forex Tester offers several pricing options. The basic package, which includes the software and no data license, is usually priced at $299, but there are often sales that can reduce the price to $149. There are also options to purchase Forex Tester with a data subscription. The monthly Super Data Subscription is priced at $169, the annual Super Data Subscription is $299, and the Lifetime package Super Data is $539. These prices are exclusive of value-added tax (VAT), which is determined based on the buyer's country and is automatically added to the cost of the selected product. Please note that prices may vary and it's always a good idea to check the official Forex Tester website for the most accurate and up-to-date information.
Can I use Forex Tester for real trading?
Forex Tester is a backtesting software that simulates trading in the Forex market with utmost realism. It's designed to help traders test their strategies in a risk-free environment before applying them in real trading. However, it's important to note that while Forex Tester can provide valuable insights and training, it's not intended for executing real trades. It's like a trading gym where you can flex and tone your trading strategies, giving them the shape and strength they need to win in the fierce competition of the Forex market. It's a powerful learning tool that can help you understand the market better, but it doesn't replace a live trading platform for executing real trades. So, while you can't use Forex Tester for real trading, you can use it to prepare for real trading.
What is Forex Tester?
Forex Tester is an independent software that simulates currency trading in the Forex market. It provides all the necessary tools for a thorough analysis of market patterns and rules. This software allows users to practice and test their trading strategies on historical data. It's like a trading gym where users can flex and tone their trading strategies, giving them the shape and strength they need to win in the fierce competition of the Forex market. Forex Tester lets users test their strategies until they're rock-solid, so they can avoid costly mistakes in real trading. It's a powerful learning tool that can help users understand the market better. The more users practice in this risk-free environment, the sharper their trading skills become. It's like a hands-on Forex masterclass. With Forex Tester's historical data, users can become a market archaeologist, digging into the past to understand how various market conditions might shape the future. This knowledge can give users a heads-up when similar patterns start showing up again. Forex Tester is not just for testing — it's a powerful learning tool that can help users understand the market better. The more users practice in this risk-free environment, the sharper their trading skills become. It's like a hands-on Forex masterclass. With Forex Tester's historical data, users can become a market archaeologist, digging into the past to understand how various market conditions might shape the future. This knowledge can give users a heads-up when similar patterns start showing up again.
Is there a refund policy for purchases made on forextester.com?
Yes, there is a refund policy for purchases made on forextester.com. If a refund is needed, an email should be sent to support@forextester.com asking for a refund and stating the reason for the refund. The request will then be processed and the money will be returned. All newly-purchased Software licenses and data service subscriptions are covered with a 14-day unconditional money-back guarantee. To receive a refund, the Support Team at support@forextester.com should be contacted within the period of 14 days from the purchase of the Software license and the decision to cancel the purchase should be expressly stated. There is also a 30 days money back guarantee so the program can be used for 30 days in full mode and if it is not liked, the money will be returned.
forextester.com Return Policy?
Forextester.com has a refund policy. To receive a refund, contact the Support Team at support@forextester.com within the period of 14 days from the purchase of the Software license and expressly state your decision to cancel the purchase. It takes no longer than 48 hours for the support team to process the request. The money will be returned in a few business days. As for the shipping policy, no information was found. Therefore, it can be inferred that since Forex Tester is a software product, it is likely delivered digitally, and thus, a traditional shipping policy may not apply.