Forex Tester has a good rep for backtesting, but I’m not sure if it’s still the best option today with all the new tools popping up. What alternatives do you guys use that actually give reliable results and don’t feel like you’re stuck in the early 2000s?
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I used Forex Tester for a while and liked it, but I eventually realized I didn’t need constant backtesting as much as I needed consistency in forward-testing. So I switched my focus: I still do a little backtesting, but most of my growth came from demo trading live markets every day at the same time. The discipline of treating a demo account like it was real gave me more confidence than swapping tools. My advice would be: tools are useful, but don’t underestimate sticking to a simple routine.
Forex Tester has been a classic for years, but even it shows cracks when you demand deeper analytics or web-based access. The blog “Forex Tester alternatives” highlights eight solid competitors (plugins, online variants, new desktop apps) that handle modern demands like cloud access and broad symbol support. I tried one of them: the fact that I can test on Mac and Windows without installations was a surprise. Another one gave me better visual reports, and yet another handled exotic pairs I trade. My suggestion: use the blog as your shortlist, then test for your exact use case (pairs, timeframes, UI preferences) and find the best analog of Forex Tester is Forex Tester Online