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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

RiskReward Pro is a risk-first trading journal built for disciplined traders who want to understand position sizing before entering a trade. The platform combines fee-aware risk-reward calculations, R-multiple tracking, trade management, performance analytics, and AI-powered journaling. Traders can calculate position size while factoring in maker and taker fees so the expected risk-reward ratio reflects real trading costs. RiskReward Pro helps users track entries, exits, risk changes, trade timelines, win rate, net R, expected value, and strategy performance. Its AI formatter turns rough trading notes into cleaner, more readable journal entries. Built for crypto futures, day traders, swing traders, and serious market participants, RiskReward Pro helps traders manage risk, reduce emotional decisions, and measure their real edge.

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

Anyone searching for a powerful Backtesting solution for trading

Audience

Futures traders, crypto traders, day traders, swing traders, active investors, trading coaches, and disciplined market participants that need position sizing, fee-aware risk-reward calculations, R-multiple tracking, trade journaling, performance analytics, AI note formatting, and exchange-supported trading workflows

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported

API

Offers API Not Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

No images available

Pricing

No information available.
Free Version Supported
Free Trial Not Supported

Pricing

$20/month
Free Version Not Supported
Free Trial Not Supported

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 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

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.

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Training

Documentation Not Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Company Information

Forex Tester
Canada
forextester.com

Company Information

RiskReward Pro
Founded: 2026
Lebanon
riskreward.pro

Alternatives

Alternatives

Silo

Silo

Silo Journal
StockCal

StockCal

Limsbro
Backtrex

Backtrex

Stemya Tech
ReziFX

ReziFX

Rezi24 GmbH

Categories

Backtesting Supported

Categories

Trading Journals Supported

Integrations

Binance Not Supported
Bitget Not Supported
Bybit Not Supported
MEXC Not Supported
OKX Not Supported

Integrations

Binance Supported
Bitget Supported
Bybit Supported
MEXC Supported
OKX Supported
Claim Forex Tester and update features and information
Claim Forex Tester and update features and information
Claim RiskReward Pro and update features and information
Claim RiskReward Pro and update features and information