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Forex Tester Review

Practice trading, develop strategies and test out trend theories

Overall rating =
Variety of tools
4/5
Forex Tester Review
Ease of use
5/5
Range of indicators
5/5
Currency range
5/5
Additional functions
5/5
Free bonuses
4/5
Price
Free
Reviewed by: Breadwinner
Visit Forex Tester

Whether you are a new trader wanting to practice your skills with real data or an experienced trader looking to develop and test out new strategies (or somewhere inbetween) then Forex Tester is what you have been looking for.

The basic idea of this software is that it contains regularly updated historical data for a broad range of currencies (18 in total including gold and silver). The easy-to-use interface allows you to test out various trades and strategies on real data without having to risk any money.

Summary of features:

  • Real, historical data for 18 currencies (plus gold and silver)
  • Wide range of technical indicators
  • Generate ticks and place orders
  • Free monthly data updates
  • Subscriptions for daily data updates available
  • Low one-off license fee
  • Easy-to-use wizards for new traders
  • Free evaluation software download

Click here to download your free evaluation version of Forex Tester

For the new trader this gives a practice arena far more advanced than most demo accounts. Rather than having to place trades and then wait for a few days to see the results (as happens with most demo accounts), with Forex Tester you can find out instantly whether the trade would have been profitable or not.

Spot trends then develop and test your own strategies

For more experienced traders it means you can analyse masses of past trading data to try and spot trends. Then, once you have developed a strategy, you can test it out and see how it would have performed over any set period of time.

This then allows you to tweak a strategy and keep testing it with almost instant results and no risk to your valuable capital.

Best of all there are a wide range of technical indicators to help you out including Moving Averages, Bollinger Bands, MACDs, Pivot Points, Parabolic-SAR, RSI, Stochastic, Keltner Channels, Heiken Ashi candles, and many more

Click here to start spotting those profit-producing market trends

With Forex Tester you are free to explore past market activity at your leisure and help further your understanding of how the market behaves or how one currency is correlated to another.

By doing this you can soon start to see a vast improvement in your trading fortunes and for this reason I am making Forex Tester the number one software recommendation.

Summary:

Because of it's easy-to-use nature and it's wide range of applications, Forex Tester is the perfect trading software tool whether you are just starting out or are something of a trading veteran. Priced at just $150 for the full version it is not a bank breaker either.

The free monthly updates ensure that your software never becomes outdated which helps you to stay ahead of the game when practicing trading or perfecting trading strategies.

There is a free evaluation download for 30 days so taking the tool for a test drive to realise how it can help you is a no-brainer.

Click here to start your free evaluation
of the Forex Tester software

 

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