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About

Become a better trader with built-in interactive Forex education. The software offers a comprehensive education for any level of trader. Different currencies and timeframes on multiple monitors. Get an aerial view of the whole market testing numerous charts, timeframes, and assets simultaneously! Trading simulator, historical data, educational platform, trader trainer. All the simulated trading necessities are in one place with all-inclusive FT software. Don’t search for additional data on third-party sources. Backtest even when the market is closed, without an Internet connection, at home or in the office, even on weekends – demo accounts can't do that. Enjoy every minute of backtesting trading strategies! Assess the need for order execution based on the risk/reward ratio.

About

PreferForex offers premium Forex signals and educational resources to traders worldwide. Their services include accurate, low-risk trading signals based on institutional trading concepts, emphasizing a risk/reward ratio between 1:2 and 1:8. Subscribers receive 4–7 signals weekly via WhatsApp and email, each accompanied by specific entry, take profit, and stop loss levels. PreferForex provides a 15-day free trial, allowing traders to evaluate their services without obligation. In addition to signals, they offer a smart money trading course, designed to teach traders how to identify secure entry and exit points using advanced market analysis techniques. The platform emphasizes disciplined trading practices, including proper risk management and maintaining a trading journal, to help traders achieve consistent profitability. PreferForex's approach combines technical and fundamental analysis, focusing on market-moving mechanisms.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Anyone searching for a powerful Backtesting solution for trading

Audience

Traders seeking a solution to enhance their trading strategies through accurate Forex signals

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version
Free Trial

Pricing

No information available.
Free Version
Free Trial

Reviews/Ratings

Overall 4.7 / 5
ease 5.0 / 5
features 4.5 / 5
design 5.0 / 5
support 5.0 / 5

Reviews/Ratings

Overall 5.0 / 5
ease 5.0 / 5
features 5.0 / 5
design 5.0 / 5
support 5.0 / 5

Pros & Cons from Real Users

Pros

  • - User friendly platform that is easy to use - Many distinct features that allow to trade like on live account (fees, news, custom indicators, smart analytics and much more) - Low price compared to others - A great deal of timeframes, tools and layouts for the charting. Just maximises the TA exp - Over 20 years of backtesting data
  • I like the possibility of backtesting different assets simultaneously on one window. It really saves time. The interface is close to tradingview, but has more features. So like win win imho
  • Besides the most useful features of other backtesters, ForexTester allows me to test EA for MetaTrader.

Cons

  • Idk, didn’t find any big drawbacks with FTO. I feel like they mastered their services at this point, can’t really ask for more considering the price and the functionality they give...
  • Cost might be a problem in the start especially. Their free version is limited… I mean if you still don’t want to engage in trading much, it might be a problem to pay 250 bucks.
  • They could add more the possibility to build trading bot.

Pros & Cons from Real Users

Pros

  • This Forex signals provider help me to make consistent profit making, I had some idea that only need high accuracy but I realized risk control also important, Preferforex signals keep very small stop loss like 3-4 pips, I notice most of signals move straight to the first take profit without moving single pip opposite. If goes opposite I assume they know the next reversal level accurately so the trade close with small loss but profit trade give many time return , over all I am very happy user let see what next, I am continuing till now

Cons

  • They send less number signals like per week 5 or 6. In January 2026 it was quite difficult to access the web pages links.

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Forex Tester
Canada
forextester.com

Company Information

PreferForex
Founded: 2013
preferforex.com

Alternatives

Alternatives

Backtrex

Backtrex

Stemya Tech

Categories

Categories

Integrations

WhatsApp

Integrations

WhatsApp
Claim Forex Tester and update features and information
Claim Forex Tester and update features and information
Claim PreferForex and update features and information
Claim PreferForex and update features and information