Key takeaways
- Backtrex is automated. You import Pine Script or describe rules in words, and it runs the backtest for you.
- Lifetime pricing, rising. Pro is €69 once with 3 years of data; Max is €179 once with 10 years. Both rise after licence number 125.
- The real choice is method, not vendor. If your rules can be written down exactly, automate. If you read the chart, replay it.
Short answer: Backtrex is a good fit if your strategy is a set of exact rules you can state in words or Pine Script. If you trade by reading structure, a manual replay simulator tests what you actually do. Backtrex is a no-code automated backtester - you give it rules, it gives you results in seconds. A replay simulator hides the future and makes you take each trade yourself. Most people searching for an alternative have really hit that difference.
Plan details below are from Backtrex's own pricing page, read on 4 October 2026.
Backtrex plans at a glance
| Pro | Max | |
|---|---|---|
| Price | €69, one payment | €179, one payment |
| Historical data | 3 years | 10 years |
| Backtests | 20 a day | Unlimited |
| Strategy imports | 20 a day | Unlimited |
| TradingView exports | 20 a day | Unlimited |
| Indicators | 65+ | 65+ |
| Price after licence #125 | +€20 | +€30 |
| Free option | Free account with a guided tour, no card | |
Backtrex is web-based and covers M1 to D1. Strategies come in two ways: import an existing Pine Script, or describe the rules in plain language and let it build them. There is no subscription and no renewal - a real advantage if you know you will keep using it.
Automated and manual backtesting answer different questions
| No-code automated (Backtrex) | Manual replay | |
|---|---|---|
| You provide | Exact rules | Your judgement, bar by bar |
| Speed | Years of data in seconds | About 100 trades in a few evenings |
| Tests discretion | No - only what can be written down | Yes - your reads, entries and patience |
| Hindsight risk | Curve-fitting the rules | Recognising the chart |
| Best for | Indicator and rule-based systems | Price action, SMC, structure, news trading |
The trap with automation is curve-fitting: when a backtest takes seconds, it is easy to run hundreds of variations and keep the one that looked best on the past. The trap with manual replay is hindsight - recognising a famous move and trading it with knowledge you did not have. Neither method is safe on its own terms; each needs its own discipline. The full comparison is in manual vs automated backtesting.
A word on the claims
Backtrex's marketing promises close agreement between its backtests and live results. Treat any such figure - from any vendor, including us - as a claim rather than a measurement, unless the method is published. A backtest can be modelled carefully and still disagree with live trading for reasons no software controls: slippage, your own execution, and a market regime that changed after the test window. What you can check is whether a tool charges spread and lets you see each trade.
Which one to choose
Choose Backtrex if your strategy is rule-based, you already have it in Pine Script or can state it exactly, and you want a one-time price rather than a subscription. Max's 10 years of data is worth the extra if you plan to test across several regimes.
Choose a manual replay simulator if your entries depend on how the chart looks - structure, liquidity, a candle's context - or if you want to train execution rather than only measure rules.
Where FxBacktest fits
This is our product, so weigh this section accordingly. FxBacktest is a manual bar-replay simulator that runs in the browser. The free plan unlocks all 105 instruments - forex, metals, energy, indices, crypto and stocks - and every timeframe from one minute to monthly, with full trade execution, automatic lot sizing from the stop and the complete session report. It is capped at 3 saved sessions and 1 indicator at a time, and nothing you save is deleted on a timer. Pro is €12 a month and Ultra €39.
Against Backtrex, we are the manual side of this comparison: you replay the chart and take each trade yourself. We also have an automated side - FXScript with an optimizer, which the built-in AI assistant can write from a plain-English description - but our AI messages use credits, and our deepest minute history (back to 2016) covers four markets on Ultra. If no-code automation is your whole workflow, Backtrex is the more focused tool.
Disclosure: FxBacktest is our own product. Its limitations are stated as plainly as everyone else's, and every competitor figure on this page links to its source.
Bottom line
Before you look for a Backtrex alternative, decide what you are testing. Rules that can be written down belong in an automated tester, and Backtrex's lifetime pricing is fair for that. Discretionary trading needs replay, because the thing being tested is you. For the full field of tools, see the best forex backtesting software.
Backtrex alternative FAQ
What is Backtrex?
Backtrex is a web-based, no-code automated backtester. You import a Pine Script strategy or describe the rules in plain language, and it runs the backtest across up to 10 years of data on timeframes from M1 to D1.
How much does Backtrex cost?
On 4 October 2026 its pricing page listed two lifetime licences: Pro at €69 (3 years of data, 20 backtests a day) and Max at €179 (10 years, unlimited). Both rise after licence number 125, by €20 and €30.
Is Backtrex good for manual backtesting?
It is built for automated backtesting of written rules. If you trade discretionary setups such as price action or smart money concepts, a manual bar-replay simulator tests your actual decision-making better.
Is there a free alternative to Backtrex?
For manual backtesting, yes: FxBacktest's free plan replays 105 instruments on every timeframe with trade execution and a full report. For automated testing, MetaTrader's strategy tester is free if you can code in MQL.
Sources
- Backtrex — pricing page — licence prices, limits, data depth and the licence-number price steps, read 4 October 2026.
- Backtrex — best forex backtesting app — the vendor's own description of its method and claims.