Fips vs Forex Tester: chart replay next to your live trading journal
Forex Tester is dedicated backtesting software. Its current product, Forex Tester Online, runs in the browser with tick-level history going back more than 20 years across forex, stocks, commodities, indices, crypto, ETFs and futures, up to 10 synced charts, trading robots and a prop firm challenge simulator; the older desktop version is still offered. Fips is a trading journal first, with chart replay built in: real 1-minute history for seven forex and gold symbols, costs, blind mode and statistics that say when a sample is too small, next to the live trades it syncs from your accounts. Here is where each one fits.
Key differences
Backtest and live journal in one place
Your live trades and your replay trades live in the same product. MT4 and MT5 accounts sync automatically: connect with the account number, server and read-only investor password, or run the Fips connector on your own computer, which sends your account data to Fips. No broker partnership is needed.
Costs and hindsight handled
Spread (per session), commission per lot and slippage on stop exits are charged, and results show gross and net. Blind mode starts at a random point, hides the dates and lets you trade only at bar close.
Statistics that admit uncertainty
Net expectancy in R with a 95% interval, win rate with a Wilson interval, profit factor, max drawdown, the longest losing streak and a Monte Carlo reshuffle of trade order, with a plain warning when the sample is too small.
Replay on the free plan
Chart replay is included in the Fips free plan. Forex Tester offers a free demo without a credit card; its full feature set is on paid Starter and Pro plans, annual or lifetime, with a 30-day money-back guarantee (as of October 2026).
Plans (as of October 2026)
| Item | Fips | Forex Tester |
|---|---|---|
| Free plan | Free forever: journal with 30-day trade history, chart replay backtesting, economic calendar, no credit card | Free demo, no credit card required |
| Paid | Pro $19.99/month or $139/year · Team $69.99/month or $559/year | Starter and Pro, billed annually or as a one-time lifetime payment |
| Trial / refunds | 7-day Pro trial (card required); refund within 7 days (Pro monthly) or 30 days (Pro annual, Team) of the first payment | 30-day money-back guarantee |
Forex Tester shows its prices in local currency and runs frequent promotions, so they are not listed here; check forextester.com for the current price in your currency.
Fips vs Forex Tester, side by side
| Item | Fips | Forex Tester |
|---|---|---|
| Main focus | Trading journal with live account sync, plus chart replay backtesting | Dedicated backtesting software, with a journal for backtest trades (tags, screenshots, confidence level) |
| Replay data | Real 1-minute history in UTC for seven symbols: EURUSD, GBPUSD, USDJPY, AUDUSD and USDCAD from 2003, NZDUSD from 2005 and gold (XAUUSD) from 2009, updated monthly. | Tick-level history going back more than 20 years across forex, stocks, commodities, indices, crypto, ETFs and futures; see its Symbols list for current coverage |
| Charts and timeframes | M1, M5, M15, M30, H1, H4 and D1; play, pause or step at 0.25× to 10× | Up to 10 synced charts across symbols and timeframes; custom timeframes on Pro |
| Fills and costs | Every bar between jumps is processed; a bar magnifier checks the 1-minute data when one bar touches both stop and target. Spread, commission and slippage are charged | Simulates spreads, swaps and commissions |
| Strategy types | Manual chart replay only; no coded strategies or expert advisors | Manual and algorithmic testing; trading robots and custom indicators on Pro |
| Blind testing | Blind mode: random start, hidden dates, trades only at bar close | Blind testing mode with hidden instruments and dates, on Pro |
| Statistics | Expectancy in R with a 95% interval, Wilson win rate, profit factor, drawdown, streaks, Monte Carlo, breakdowns by session, tag and symbol | Backtest analytics; Exit Optimizer for stop loss, take profit and holding time on Pro |
| Prop firm practice | A labelled estimate checks backtest results against a prop firm daily loss limit; prop firm challenge tracking for live accounts in the journal | Prop firm challenge simulator with account size, profit target, daily and total drawdown and minimum days, on Pro |
| Live trades | Automatic sync for MT4, MT5, cTrader, Interactive Brokers and major crypto exchanges through read-only access; CSV import for other platforms | Trading history import from MetaTrader, TradingView or NinjaTrader for analysis, on Pro |
| Where it runs | Web app in private beta, access by waitlist invite | Forex Tester Online in the browser; the older desktop version is still offered |
Forex Tester details from forextester.com (home page with plans and plan comparison, prop firm challenge page) and desktop.forextester.com as of October 2026. Features and limits change; check the vendor’s site before you decide. Third-party brand names belong to their owners.
Who should pick which
Forex Tester may suit you better if
- You need tick data, many years of history or markets beyond forex and gold: stocks, indices, commodities, crypto, ETFs or futures.
- You want multi-chart layouts, trading robots or custom indicators, or a desktop version.
- You want a publicly available product today rather than a private beta.
Fips may suit you better if
- You trade forex or gold and want to backtest and journal your live trades in one product.
- You want costs charged by default, blind mode and statistics that warn you about small samples.
- You want chart replay and a live journal on a free plan, with free lot size calculators next to them.
Fips at a glance
- Free plan
- Free forever, no credit card. Trading journal with a 30-day trade history, the economic calendar, free calculators and chart replay backtesting.
- Pro
- $19.99/month or $139/year (save up to 42%). Unlimited history, advanced analytics, data export and priority support. 7-day free trial, card required.
- Team
- $69.99/month or $559/year.
- Refunds
- On your first payment: within 7 days on Pro monthly, within 30 days on Pro annual and Team.
- MT4 / MT5
- MT4 and MT5 accounts sync automatically: connect with the account number, server and read-only investor password, or run the Fips connector on your own computer, which sends your account data to Fips. No broker partnership is needed.
- Other platforms
- cTrader (view-only Open API access), Interactive Brokers (Flex Web Service token) and crypto exchanges such as Binance, Bybit, OKX, Kraken and Coinbase (read-only API key) sync automatically too; Hyperliquid and dYdX v4 connect with a wallet address. Other platforms, for example TradeLocker, DXtrade or Match-Trader, come in through CSV import with a column mapper. Re-upload a fresh export to keep it current, or add trades manually.
- Backtesting
- Bar-by-bar chart replay on real 1-minute history (EURUSD, GBPUSD, USDJPY, AUDUSD and USDCAD from 2003, NZDUSD from 2005, gold from 2009), with spread, commission, slippage and statistics in R. Manual replay, no tick data.
- Tools
- Free lot size and risk calculators in the browser (including prop-firm and symbol pages), a prop-firm rules reference and an economic calendar.
- Where it runs
- Web app in private beta (join the waitlist for an invite), in 6 languages.
- Coming soon
- AI trade coach; futures support; native iOS and Android apps; Windows, macOS and Linux desktop apps.
- Made by
- T2MA Labs LLC.
Trying Fips next to Forex Tester
- Join the Fips waitlist; when your invite arrives, create your free account. No credit card required.
- Open Backtest & Replay, pick a symbol and timeframe and jump to the date you want to test. Turn on blind mode if you want the dates hidden.
- Set spread, commission and slippage once, then trade the replay with market, limit or stop orders sized in lots or risk %.
- Connect your accounts with read-only access so new trades sync automatically: MT4 and MT5 with the investor password or the Fips connector, cTrader with view-only Open API access, Interactive Brokers with a Flex Web Service token, crypto exchanges with a read-only API key. Other platforms come in by CSV import, re-uploaded whenever you want to bring the journal up to date, or by manual entry.
To bring backtest trades over from Forex Tester, check its help for the current export options; a CSV file can be imported with the Fips column mapper.
FAQ
Fips includes bar-by-bar chart replay in its free plan, on real 1-minute history for seven forex and gold symbols, next to a trading journal with a 30-day history. Forex Tester offers a free demo without a credit card; its full feature set is on paid plans (as of October 2026). Fips is in private beta: join the waitlist for an invite.
No. The replay runs on 1-minute data, and the bar magnifier uses that 1-minute data to resolve bars that touch both stop and target; the worse outcome is assumed only when both happen in the same minute. Forex Tester offers tick-level history.
Real 1-minute history in UTC for seven symbols: EURUSD, GBPUSD, USDJPY, AUDUSD and USDCAD from 2003, NZDUSD from 2005 and gold (XAUUSD) from 2009, updated monthly. Indices, stocks, crypto and futures are not in the replay. If you need those, Forex Tester covers a much wider symbol list.
No. Fips is manual chart replay: you trade the chart bar by bar the way you would live. It does not run coded strategies, expert advisors or parameter optimisation. Forex Tester supports trading robots on its Pro plan.
Fips runs in the browser, in 6 languages. The web app is in private beta: join the waitlist for an invite. Native iOS and Android apps and Windows, macOS and Linux desktop apps are coming soon.
Fips is free forever with a 30-day trade history and no credit card. Pro is $19.99/month or $139/year (save up to 42%) and adds unlimited history, advanced analytics, data export and priority support, with a 7-day free trial (card required). Team is $69.99/month or $559/year. Refunds on your first payment: within 7 days on Pro monthly, within 30 days on Pro annual and Team.
Get early access to Fips
Free forever with a 30-day trade history, chart replay backtesting and the free lot size and risk calculators. No credit card required. The web app is in private beta: join the waitlist for an invite.