There is a free version that allows limited data (1 year). The paid version is a one-time fee (~$100) and is worth every penny for unlimited historical data.

Can I backtest on my phone?

Technically yes, with TradingView App. But it is cumbersome. Serious analysis requires a monitor to see market structure on higher timeframes.

How do I get 99.9% accuracy data?

You need "Tick Data." Brokers usually provide "M1 data" which is low quality. Use "TickStory" or "Tick Data Suite" to download gigabytes of real tick movements.

What is 'Forward Testing'?

After backtesting, you trade the strategy on a Demo account in real-time (Forward Testing). This confirms if you can actually execute the strategy when the market is moving live.

Why does my backtest show millions but I lose money?

You likely ignored Spread, Swap, and Slippage. Or you "curve-fitted" the parameters. Or you assumed you would have taken every trade (ignoring sleep).

Is Python good for backtesting?

Yes, for Quants. Python libraries like `Backtrader` or `Zipline` are industry standard for institutional algorithmic testing. But it requires coding skills.

Trading Tools

Best Forex Backtesting Software and Tools for 2026

Manual vs Automated backtesting. Reviewing Soft4FX, Forex Tester 6, and TradingView's Bar Replay feature.

Written ByMarcus ThompsonTrading Platforms Expert

Fact Checked BySarah ChenSenior Financial Analyst

Last UpdatedDec 18, 2026

This article content is currently being updated. Please check back soon.

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Marcus Thompson

Trading Platforms • Technical Analysis • Execution Quality

About the Author

Marcus has been trading the forex markets since the early 2000s and specializes in platform evaluation. He tests every broker's trading platform, analyzing execution speed, charting tools, and user experience to give traders honest assessments.

Trading Platforms Expert — Everything you find on BrokerAnalysis is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback.

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