Is Forex Tester free? Find out all about the cost of using Forex Tester

Is forex Tester free?

Forex Tester is a popular software used by traders to simulate and test their trading strategies. It allows traders to practice their trading techniques without risking real money. Many traders wonder if Forex Tester is free to use, and in this article, we will explore the cost of using Forex Tester.

Forex Tester offers both a free and paid version of their software. The free version, known as Forex Tester Lite, allows traders to access basic features and functionalities. Traders can analyze historical data, test their trading strategies, and use basic technical indicators with the Lite version.

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However, the free version has limitations compared to the paid version, known as Forex Tester Professional. The Professional version offers advanced features and functionalities, such as the ability to use custom indicators and expert advisors, access to multiple timeframes, and the option to pause and rewind simulations. These additional features come at a cost.

The cost of using Forex Tester Professional depends on the subscription plan chosen by the trader. They offer monthly, yearly, and lifetime subscription options. Monthly subscriptions start at $19.99 per month, while yearly subscriptions start at $299 per year. Traders can also choose a lifetime subscription for a one-time payment of $699. Each subscription option provides traders with full access to all the advanced features and functionalities of Forex Tester Professional.

In conclusion, while Forex Tester does offer a free version of their software, traders who want to access all the advanced features and functionalities will need to purchase the Forex Tester Professional version. The cost of using Forex Tester Professional varies depending on the subscription plan chosen by the trader.

Is Forex Tester free?

Forex Tester is not free software. It is a professional-grade testing and analysis tool for forex traders, which offers valuable features and functionalities to enhance the trading experience.

While Forex Tester offers a free trial version, it has limitations and is intended to give users a preview of the software’s capabilities. The trial version has a limited time period and also restricts the number of trades that can be backtested.

To access the full range of features and capabilities offered by Forex Tester, users need to purchase a license. The cost of the license varies depending on the version of the software and the duration of the license. There are different options available, including one-time payments and subscription-based models.

Investing in Forex Tester can be beneficial for traders who want to thoroughly test their strategies and improve their trading skills. The software allows users to backtest trading strategies using historical data, simulate real-time trading, analyze results, and much more.

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Overall, while Forex Tester is not free, it can be considered as a valuable investment for serious forex traders who are looking to test and refine their strategies in a risk-free environment.

Learn everything about the cost of using Forex Tester

Forex Tester is a valuable tool for traders looking to improve their trading skills and strategies. It allows users to simulate real-time trading scenarios, backtest trading strategies, and analyze historical data. However, like most software tools, Forex Tester is not free. Understanding the cost of using Forex Tester is crucial before deciding to invest in it.

The cost of using Forex Tester depends on the version and duration of the license you choose. There are two versions available: Forex Tester 4 and Forex Tester 5. Forex Tester 4 is the older version, while Forex Tester 5 is the latest and more advanced version.

For Forex Tester 5, there are three pricing options available:

Lifetime license: This is the most expensive option, but it provides unlimited access to all features and updates for life. It is a one-time payment without any additional fees.
Annual subscription: This option allows users to pay an annual fee for access to all features and updates. It is a more affordable option for traders who don’t want to commit to a lifetime license.
Monthly subscription: For traders who prefer a more flexible payment plan, the monthly subscription allows access to Forex Tester 5 features and updates on a month-to-month basis. It is the most cost-effective option for short-term users.

It is important to note that the cost of Forex Tester is subject to change, and the pricing details mentioned here are accurate at the time of writing. To get the most up-to-date information on pricing and any current promotions or discounts, it is recommended to visit the official Forex Tester website.

Investing in a reliable and powerful trading tool like Forex Tester can greatly enhance your trading skills and improve your chances of success in the forex market. It is essential to consider your trading goals, budget, and trading frequency when deciding on the best pricing option for you. Taking advantage of any free trials or demo versions offered by Forex Tester can also help you evaluate the software before making a purchase decision.

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Ultimately, the cost of using Forex Tester is an investment in your trading education and improvement. By carefully assessing the pricing options and weighing them against your trading needs, you can make a well-informed decision that aligns with your goals and budget.

FAQ:

Is Forex Tester completely free to use?

No, Forex Tester is not completely free to use. While there is a free trial version available, the full version of Forex Tester requires a purchase.

How much does Forex Tester cost?

The cost of Forex Tester depends on the version you choose. The basic version, Forex Tester 4, is priced at $299. There are also discounted bundles available, such as the Pro Bundle which includes additional features and costs $499.

What features are included in the paid version of Forex Tester?

The paid version of Forex Tester includes a wide range of features such as historical data for accurate backtesting, customizable indicators and strategies, multiple timeframes support, and the ability to trade directly from the software. It also offers detailed analytics and reporting tools.

Is there a refund policy for Forex Tester?

Yes, Forex Tester offers a 30-day money-back guarantee. If you are not satisfied with the software, you can request a refund within 30 days of the purchase.

Are there any ongoing fees or subscriptions for Forex Tester?

No, there are no ongoing fees or subscriptions for Forex Tester. Once you purchase a license, you have lifetime access to the software and updates. There are no hidden costs or subscription fees.