Blog

Guides, tips, and insights on FX charting, backtesting, and trading practice — from the Formiq team.

Forex Backtesting Tools Compared

Formiq, Forex Tester Online, Forex Tester 5, TradingView and the MetaTrader Strategy Tester — what each is for, what you get without paying, and how to pick. Facts checked on each vendor's own site.

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FX pair volatility compared

Average daily range and the Tokyo, London and New York split for ten major currency pairs, aggregated from 2,595 trading days of hourly candles, 2016–2025.

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Can You Actually Practice Forex on an iPhone for Free?

I tested what it's like to practice forex on an iPhone without paying anything. What works, what doesn't, and whether a phone-sized chart is worth your time.

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I Spent Years Looking for a Free Forex Tester. Here's What I Learned.

Most free forex testers are crippled trials. After years of searching, here is what actually matters in a practice tool, and how a browser-based one surprised me.

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What I Learned From 1,000 Replay Trades

After a thousand simulated forex trades in replay mode, here are the patterns, mistakes, and mindset shifts that actually moved the needle.

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You Don't Need to Code to Backtest a Strategy

Backtesting used to mean writing scripts. It doesn't anymore. Here's how dropdown-based strategy builders work, what they're good at, and where they fall short.

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