"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."
Jacob, 28 January , 2011
"Beyond excellent program
making me mythical at price action.
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."
Jason, 12 January , 2011
"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!"
Susan Gast, 21 April, 2010
"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 (especially if you would consider FT to be able to ‘read’ MQ4 indicator files) but as it is right now, it is like I said. Excellent. I strongly recommend it to all Forex traders."
Badrul Hisham, 16 April, 2010
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Steve Cook & Wade Scott, 25 February, 2010
"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!"
William Dee, 24 February, 2010
"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. The interface is very similar to MetaTrader 4 which is the software I first began using to demo trade, so it was very easy for me to learn.
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!!"
Iggy, 20 March, 2008
"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!"
David F., 2 July, 2008
"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!"
Andrew, January 8, 2007
"I've been anticipating getting your software to use for strategy testing. It looks like great software."
Taylor, December 2, 2006
"Great software! Just what I need. I am assuming that version upgrades are included in the purchase price, correct?"
Thomas, November 12, 2006
"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."
Jeff, Sep 27, 2006
"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!"
Yukoner, Sep 23, 2006
Unique experiences and past performances do not guarantee future results! Testimonials herein are unsolicited and are non-representative of all clients; certain accounts may have worse performance than that indicated. Trading spot currencies involves substantial risk and there is always the potential for loss. Your trading results may vary. Because the risk factor is high in the foreign exchange market trading, only genuine “risk” funds should be used in such trading. If you do not have the extra capital that you can afford to lose, you should not trade in the foreign exchange market. No “safe” trading system has ever been devised, and no one can guarantee profits or freedom from loss.