Forex Tester vs. TradingView Comparison


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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 TradingView is an innovative venture by a group of developers and traders with experience of building trading software, who share a vision that trading technology should be easy, powerful and accessible to everyone. Taking advantage of the latest advancements in cloud computing and browser languages the idea of bringing interactive charts and widgets through any browser to people around the world was made a reality. TradingView is also a social community for traders to interact and learn, share ideas and work together to improve their skills. Unique and simple way to share live charts instantly with technical analysis ideas brings traders together and it's a first step to having a full trading platform in a web browser.
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 Supported Mac Supported Linux Supported Cloud Supported On-Premises Not Supported iPhone Supported iPad Supported Android Supported Chromebook Supported
Audience Anyone searching for a powerful Backtesting solution for trading	Audience Real-time financial widgets for investors
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 View more images or videos	Screenshots and Videos View more images or videos
Pricing No information available. Free Version Supported Free Trial Not Supported	Pricing $0 Free Version Supported Free Trial Supported
Reviews/Ratings Overall 4.7 / 5 ease 5.0 / 5 features 4.5 / 5 design 5.0 / 5 support 5.0 / 5 Read all reviews	Reviews/Ratings Overall 4.4 / 5 ease 4.6 / 5 features 4.9 / 5 design 4.9 / 5 support 4.1 / 5 Read all reviews
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 - A vast database of statistics and financial information covering the economy, markets, and companies, along with access to data from exchanges and brokers – all consolidated in one place. - Useful features like Alerts, Watchlists, lists of popular assets (Sparks), and other tools catering to individuals who may not have the opportunity to continuously monitor the market. - Full trading cycle: without leaving TradingView, users can explore market conditions, analyse the news, inform themselves about trading ideas from the community, conduct fundamental and technical analysis, choose a broker, connect and initiate trades. 1. It has a very extensive list of raw materials, Forex assets, cryptocurrencies and many other projects. In TradingView you can consult the graphs, statistics and details of any currency that exists within the financial market or any commodity asset. 2. When you have done a market study on a specific currency, you can share that study with the TradingView community or forum, to receive comments, feedback, reactions and much more, in addition, you will be able to see how the graph has progressed since you did the study . 3. You can add all kinds of trend lines, horizontal lines and more, you can also add indicators, you can use the Fibonnacci service and many other indicators that make it easier for you to study the chart. 4. All the graph studies that you carry out are automatically saved as a draft, each time you access that graph, you will have all the trend lines and everything that you had previously added to the graph. Advanced interface with Lot of indicators, lines and charts. Supports all markets. Free account is pretty good. Apply your custom formulas. Price alerts. Available as desktop app, web app and mobile app. TradingView as a web application is pretty damn good. Robust features, an ever growing audience and there’s not much to complain about regarding their charts either. -Huge library of indicator overlays and drawing tools -Great guides for beginners and deep customizations for advanced users -Syncs flawlessly across multiple devices -Connect to many popular exchanges directly -Beautiful GUI -Free version is useful Cons Overall, TradingView stands out for its positive contributions, providing an array of features and tools that enhance the trading experience on EXMO.com. No noticeable cons have been identified, making it a reliable and favoured platform among users. 1. It is a platform that has many resources that must be loaded on each device, therefore, the loading of each of the resources causes TradingView to be a platform that consumes a lot, you must have a good computer and a good mobile device to use it correctly. 2. It is not easy to use at all, if you do not have previous experience in Trading and studying currency and commodity charts, you will have a hard time understanding TradingView's functionalities. 3. You cannot write the chart study concept in a language other than English, this causes TradingView to not be able to be used correctly in other countries with other languages. No cons , but it may be overwhelming for beginners to trading. Customer Support is timely in response however I’m not sure they’re very technical. -Placing drawing tools precisely is finicky on mobile app version -Can only save 5 charts & 5 indicators per chart with Premium Plan -Expensive tiers for Premium opens plans can price out intermediate users
Training Documentation Supported Webinars Not Supported Live Online Not Supported In Person Not Supported	Training Documentation Supported Webinars Not Supported Live Online Not Supported In Person Not Supported
Company Information Forex Tester Canada forextester.com	Company Information TradingView Founded: 2011 United States www.tradingview.com
Alternatives Tradebreath	Alternatives DXcharts Devexperts
Infinity Algo	DXtrade Devexperts
Backtrex Stemya Tech	HaasOnline
EzAlgo	ChartBolt
ChartLabs View All	Tickeron Tickeron, Inc. View All
Categories Backtesting Supported	Categories Algorithmic Trading Supported Backtesting Supported Charting Supported Crypto Supported Crypto Screeners Supported Crypto Signals Supported Stock Analysis Supported Stock Screeners Supported Technical Analysis Supported
	Show More Features Algorithmic Trading Features 2-Click Trading Supported Analyst on Demand Not Supported Auto Fibs Not Supported Auto Trend Lines Not Supported Backtesting Supported Basket Trading Not Supported Drawing Tools Supported Pattern Tools Supported Stock Screener Supported Trading From Charts Supported
Integrations AlgoWay Not Supported Bitpanda Not Supported BlackBull Markets Not Supported Fineas Not Supported Finestel Not Supported Intellectia.AI Not Supported Investing.com Not Supported Market Data Not Supported MetaCopier Not Supported OANDA Not Supported PineGen AI Not Supported Qurrex Not Supported Robotrader Not Supported Seeking Alpha Not Supported Swissquote Not Supported Symphony Not Supported TradeLocker Not Supported YouHodler Not Supported iMe Not Supported Show More Integrations	Integrations AlgoWay Supported Bitpanda Supported BlackBull Markets Supported Fineas Supported Finestel Supported Intellectia.AI Supported Investing.com Supported Market Data Supported MetaCopier Supported OANDA Supported PineGen AI Supported Qurrex Supported Robotrader Supported Seeking Alpha Supported Swissquote Supported Symphony Supported TradeLocker Supported YouHodler Supported iMe Supported Show More Integrations View All 103 Integrations
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