What Forex Tester does

Forex Tester Software Inc. is a privately held, Ontario-incorporated software company (founded 2010) that builds backtesting and trading simulation tools for retail traders, proprietary trading firm candidates, algorithmic/quantitative traders, crypto traders, and trading educators. The company operates two flagship platforms: Forex Tester Desktop, a Windows-only offline application, and Forex Tester Online, a cloud-based, browser-accessible platform launched in 2024 that runs on any device without installation. Both products simulate tick-level historical data across 272+ instruments spanning forex, crypto, stocks, indices, futures, commodities, and ETFs, and support up to 10 synchronized multi-timeframe charts.

The company's core technical differentiators include 23+ years of tick-by-tick historical data (up to 600M+ ticks per symbol), a synchronized multi-chart workspace that prevents future data leakage, a Prop Firm Challenge Simulator, and an AI-driven feature set that includes an Exit Optimizer, a Strategy Optimizer built on Neural Network and XGBoost algorithms, and a Trade Analyzer that ingests imported histories from MetaTrader 4/5, TradingView, and NinjaTrader. The product ecosystem also includes Easy Forex Builder (no-code EA creation), Forex Copier (trade copying), Forex Speed Up (rapid trade execution), Crypto Tester (crypto-focused sub-brand), and Basic/Super Data subscriptions covering 860+ symbols.

Forex Tester operates a pure subscription and one-time license model with Starter plans at $199/year, Pro plans at $299/year, monthly Pro at $29.99, lifetime licenses at $499, and a Super Data subscription priced at $30/month, $199/year, or $369 lifetime. Distribution is product-led: a free demo with no credit card requirement and a 14-day money-back guarantee drive self-serve conversion, complemented by an affiliate program offering 25% recurring commissions with a 180-day cookie window. The company claims 1M+ users and 120,000+ trusted traders across 184 countries, has been bootstrapped since founding with no disclosed external funding, and operates a team of 60+ programmers, traders, and support specialists.

Name

Forex Tester

Legal name

Forex Tester Software Inc.

Website

https://forextester.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

1–10 employees

Short description

Forex Tester Software Inc. is a privately held Canadian software company (founded 2010) that builds tick-level backtesting and trading simulation platforms for retail forex traders, prop firm candidates, algorithmic traders, and trading educators across 184 countries.

Ownership category

akta.pro rank

Headquarters

HQ city

Kherson

HQ country

Ukraine

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Software

Cost components

Personnel

Revenue model

1. Software Subscription - Annual: Annual subscription with full platform access, billed yearly. Includes Starter and Pro tiers with different feature sets and symbol access.
2. Software Subscription - Monthly: Monthly subscription option at $29.99/month for flexible access without annual commitment.
3. Software Subscription - Lifetime: One-time lifetime purchase option at $499 for permanent access without recurring fees.
4. Historical Data Subscription: Basic Data (free with software) provides 18 symbols and medium quality data. Super Data subscription offers 860+ symbols with premium quality tick data, daily updates, and floating spreads.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels7 records

Core offering

Forex Tester Software Inc. develops and sells trading backtesting and simulation software that allows traders to validate manual and algorithmic trading strategies against 23+ years of tick-level historical data across 272+ assets (Forex, crypto, stocks, indices, futures, ETFs, commodities). The core products are Forex Tester Online (cloud-based, browser-accessible) and Forex Tester Desktop (offline Windows application), supplemented by historical data subscriptions and tools for creating trading robots, optimizing parameters with AI, and simulating prop firm challenges.

Product overview

Forex Tester Software Inc. offers a portfolio of trading backtesting and simulation products. The core offerings include Forex Tester Online (cloud-based, cross-platform platform) and Forex Tester Desktop (offline Windows application), both enabling traders to test strategies with historical tick-level data. Supporting products include Easy Forex Builder for no-code strategy creation, Forex Speed Up for rapid trade execution, and Forex Copier for trade copying. Data subscriptions (Basic and Super) provide historical market data. AI-powered features include the Strategy Optimizer and Exit Optimizer for automated parameter optimization. The Prop Firm Challenge Simulator and Trading Journal provide specialized workflow tools. Crypto Tester serves cryptocurrency-specific backtesting needs.

Differentiator

Problem solved

Functional benefit

Brands

• Easy Forex Builder: Build your trading strategy in 1 minute with this user-friendly tool
• Forex Speed Up
• Forex Copier
• 4xDev
• Crypto Tester

Products and services

• Forex Tester Online Cloud-based, cross-platform trading backtesting and simulation platform enabling traders to validate manual and algorithmic strategies with tick-level precision across 270+ assets and 20+ years of historical data.
• Forex Tester Desktop Offline Windows desktop trading simulator for backtesting strategies with 25 years of historical data, 60+ built-in technical indicators, Expert Advisor support, and risk management tools.
• Easy Forex Builder User-friendly tool for building trading strategies and Expert Advisors without coding skills required; integrates with Forex Tester for testing.
• Forex Copier Trade copying software that copies trades between accounts, with features including Lot/Risk Management, Filtering trades, Reverse Trading, and Lifetime Support.
• Forex Speed Up Free software tool that opens trades in a fraction of a second with a built-in risk management calculator and predefined Stop Loss and Take Profit values for instant entries.
• Basic Data Subscription 25 years of medium-quality historical data for 18 symbols with monthly updates, including 1-minute data, with no tick data and no floating spread.
• Super Data Subscription Premium quality historical data for 860+ symbols including tick data, floating spreads, daily updates, and news for 9 currencies (AUD, CAD, CHF, CNY, EUR, GBP, JPY, NZD, USD); priced at $30/month, $199/year, or $369 lifetime.
• Crypto Tester Specialized cryptocurrency backtesting platform for testing BTC and ETH trading strategies with historical data simulation.

Quantifiable outcome

• 30x faster learning compared to demo accounts
• +2 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

AI capability6 records

Feature9 records

Partnerships

Four partnerships are on record, tiered core and minor.

• FundoracoreGTM or Marketing Partner · 28 June 2025Educational partnership with Fundora, a prop firm. The partnership offers combined discounts: 25% off Fundora + 50% off Forex Tester Online for users who register by June 28. Users receive two separate coupons that can be used individually or together.
• ForexiteminorOthersFree historical data provided by Forexite broker. Forex Tester integrates data feeds from Forexite for historical data services.
• 4xDevminorImplementation/ SI/ Consulting PartnerDevelopment partner specializing in Forex tools (indicators, EAs, scripts, alerts) and format conversions. Recommended for traders wanting custom development services.
• Easy Forex BuildercoreTechnology or IntegrationRelated product for creating Expert Advisors and trading bots without coding skills. Integrates with Forex Tester for strategy development and backtesting.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• TradingView: Leading charting and social trading platform that offers backtesting via Pine Script for retail traders across forex, stocks, crypto, and futures. Closest direct competitor — many of the same customers choose between TradingView and Forex Tester for strategy validation.
• NinjaTrader: Retail futures and forex trading platform offering backtesting and strategy automation. Direct competitor in the discretionary/algorithmic retail backtesting category, also integrated as a data-import source by Forex Tester.
• MultiCharts: Professional-grade trading and backtesting platform with EasyLanguage scripting, targeting active retail and prop traders. Comparable to Forex Tester on tick-level backtesting and multi-asset support, with stronger broker integration.
• TradeStation: Brokerage with integrated backtesting, EasyLanguage scripting, and analytics tools. Competes for the same algo/quant retail segment, combining execution with strategy validation in a single platform.
• QuantConnect: Cloud-based algorithmic trading and backtesting platform with Python/C# support, focused on quantitative traders. Comparable as a cloud-native backtesting alternative; more developer-leaning than Forex Tester's retail-user orientation.
• StrategyQuant: Strategy generation and backtesting software that automatically discovers and validates algo strategies across forex and other markets. Direct overlap on automated/algorithmic strategy validation for retail quant traders.
• ProRealTime: European charting and backtesting platform with ProBacktest and ProOrder automation, popular with European retail traders. Comparable on multi-asset backtesting and integrated automation.

Broad incumbents

• MetaTrader (MetaQuotes): Dominant retail forex/CFD trading platform with a built-in Strategy Tester and Expert Advisor marketplace. Forex Tester actually integrates with MT4/MT5 for trade history import, underscoring MetaTrader's role as the broader incumbent ecosystem Forex Tester serves and complements.

Emerging players

• Soft4FX: Specialized MT4/MT5 tools and strategy-testing add-ons for forex traders. Niche overlap on backtesting utilities but focused on the MetaTrader ecosystem rather than standalone platforms.
• Backtrader: Open-source Python backtesting framework popular with technical retail traders and quantitative hobbyists. Represents the free/open-source competitive alternative Forex Tester must justify its subscription against.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Forex_Tester
• YouTubeyoutube.com/@forextesterapp
• Facebookfacebook.com/ForexTesterApp
• LinkedInlinkedin.com/company/forex-tester
• Instagraminstagram.com/forextesterapp

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Forex Tester