FX Replay Review 2025: Is This Backtesting Platform Worth It?

FX Replay is a web-based backtesting platform that lets you practice trading strategies using historical market data. Built on TradingView’s charting technology, it aims to give traders a realistic simulation environment without risking real capital.

The short verdict: FX Replay is a capable backtesting tool with an intuitive interface and solid analytics. It’s particularly useful for manual traders and those preparing for prop firm challenges. However, some users have reported performance issues in recent months, and the platform doesn’t support automated strategy testing. Whether it’s worth your money depends on how you trade.

This review covers everything you need to know—features, pricing, honest pros and cons, and who should (and shouldn’t) use it.

What is FX Replay?

FX Replay is a browser-based backtesting platform designed for forex, crypto, futures, indices, and commodity traders. The core concept is simple: you pick a historical date, and the platform replays price action as if you were trading in real time. You can execute trades, test your entries and exits, and review your performance afterward.

The platform uses TradingView’s charting engine, which means you get the same familiar interface millions of traders already use. No downloads required—everything runs in your browser.

FX Replay supports over 30 forex pairs, major indices (S&P 500, Nasdaq, DAX, FTSE), cryptocurrencies (Bitcoin, Ethereum, and others), commodities (gold, oil, natural gas), and even some individual stocks. Historical data goes back to 2003 for most major instruments.

The primary use case is strategy validation. Instead of risking real money to test whether your setup works, you can compress years of market data into hours of practice sessions.

Key Features

FX Replay packs a decent feature set for a web-based platform. Here’s what you get:

Replay Mode

The core feature. Select any historical date and watch price action unfold at your chosen speed. You can pause, fast-forward, or jump to specific events. The “go-to” feature lets you skip directly to news releases, specific price levels, or dates you want to analyze.

Multi-Chart Testing

The PRO plan supports up to 16 charts simultaneously across 5 different assets. This is useful for testing correlation-based strategies or monitoring multiple pairs during your practice sessions.

Trading Journal and Analytics

Every trade you execute gets logged automatically. The analytics dashboard shows P&L tracking, win rate, time-based performance (which hours you trade best), and a performance calendar highlighting profitable vs. losing days. This data helps identify patterns in your trading—both good and bad.

Prop Firm Simulator

FX Replay includes a mode that mimics prop firm challenge rules. You can set drawdown limits and profit targets matching firms like FTMO or FundedNext, then practice hitting those targets before spending money on a real evaluation.

Mentor AI (Beta)

A newer feature that provides automated feedback on your trades. Still in beta, so results may vary.

Economic Calendar Integration

The platform marks major news events on your charts, so you can see how price reacted to NFP, FOMC decisions, or other releases during your replay sessions.

Intermediate vs PRO Comparison

Feature	Intermediate	PRO
Backtesting sessions	10	Unlimited
Indicators	3	Unlimited
Charts	2	Up to 16
Data retention	6 months	Unlimited
Custom indicators	No	Yes
Futures/CME data	No	Yes
Seconds data	No	Yes
Prop firm simulator	No	Yes

FX Replay Pricing

FX Replay uses a subscription model. Here’s the current pricing structure:

Plan	13-Month Price	Monthly Equivalent
Intermediate	$149	~$11.46/mo
PRO	$249	~$19.25/mo

Monthly pricing runs higher—around $35/month based on user reports. The annual plans offer better value if you’re committed to using the platform long-term.

A free tier exists for beginners who want to test the waters before paying. It’s limited, but enough to get a feel for how the platform works.

One thing to note: FX Replay is subscription-only. There’s no lifetime purchase option. If you prefer one-time payments, this model may not suit you.

Pros

TradingView Integration

If you already use TradingView, you’ll feel at home immediately. Same charting tools, same drawing features, same indicator library. No learning curve for the interface itself.

No Downloads Required

Everything runs in your browser. Works on Mac, Windows, Linux—anything with Chrome, Firefox, or Edge. No software to install, no compatibility headaches.

Comprehensive Analytics

The performance tracking goes beyond basic win/loss stats. Time-of-day analysis, calendar views, Monte Carlo simulations for strategy projections—useful data for refining your approach.

Multi-Asset Support

Forex, crypto, futures, indices, commodities, and some stocks all in one platform. If you trade multiple markets, you don’t need separate tools for each.

Strong Customer Support

This comes up repeatedly in user reviews. The support team gets consistent praise for quick, helpful responses. Trustpilot reviews frequently mention individual support staff by name.

Prop Firm Prep

The built-in challenge simulator is genuinely useful if you’re planning to attempt a funded trader evaluation. Practice hitting profit targets within drawdown limits before risking the challenge fee.

Cons

Performance and Lag Issues

This is the elephant in the room. Throughout 2024 and into 2025, user complaints about slow server response and laggy performance have increased. Multiple Trustpilot reviews mention the platform becoming difficult to use—freezing, delays, slow loading times. This appears to be a server-side issue, not dependent on your computer or internet speed.

It’s worth testing the free tier first to see if performance is acceptable for your needs.

Manual Trading Only

FX Replay doesn’t support automated strategy testing. You can’t import Expert Advisors, run algorithms, or backtest code. If you trade with EAs or want to validate automated systems, you’ll need a different tool entirely.

Subscription Cost Adds Up

At $149-$249/year, FX Replay isn’t cheap. Some competitors offer lifetime licenses for similar or lower total cost. If you only need occasional backtesting, the subscription model may feel inefficient.

Limited Historical Data on Some Pairs

Major forex pairs have data back to 2003. But less popular instruments—some crypto pairs, exotic currencies, certain stocks—may have significantly less history. Some pairs reportedly have under 3 years of available data.

No Mobile App

The platform is web-only with no dedicated mobile app. You can technically access it from a mobile browser, but the experience isn’t optimized for smaller screens.

Requires Internet Connection

Since everything runs server-side, you can’t use FX Replay offline. If your internet drops during a session, so does your practice.

Who Should Use FX Replay?

Best for:

• Manual traders who want realistic practice without risking capital
• Beginners learning to read price action and execute strategies
• Traders preparing for prop firm challenges (FTMO, FundedNext, etc.)
• Anyone who already uses TradingView and wants a familiar interface
• Traders who value detailed performance analytics

Not ideal for:

• Algo traders who need to backtest Expert Advisors or automated strategies
• Traders who prefer one-time purchase over subscriptions
• Those who need deep historical data on less popular instruments
• Mobile-first traders who need on-the-go access

Verdict

FX Replay does what it promises: it gives manual traders a solid environment to practice strategies using real historical data. The TradingView integration means zero learning curve for anyone familiar with that platform. The analytics and journaling features add genuine value for traders serious about improving.

The concerns are real, though. Performance issues have become a common complaint, and the lack of algo testing limits who this platform serves. At current pricing, you’re paying for a subscription indefinitely—there’s no “buy once, own forever” option.

If you trade manually and want to practice without risk, FX Replay is worth trying. Start with the free tier to test performance on your end before committing to a paid plan.

Once you’ve validated your strategy through backtesting and feel ready to trade live, execution quality becomes critical. A forex VPS can help ensure your trades execute reliably when real money is on the line—especially if you’re running platforms like MT4 or MT5 around the clock.

FAQ

Is FX Replay free?

FX Replay offers a free tier with limited features. Paid plans start at around $11.46/month (billed annually) for the Intermediate tier, with the PRO plan at approximately $19.25/month for unlimited access.

Does FX Replay work on Mac?

Yes. FX Replay is entirely web-based and runs in your browser, so it works on Mac, Windows, Linux, or any operating system with a modern web browser.

Can I test automated strategies on FX Replay?

No. FX Replay only supports manual trading in the replay environment. If you need to backtest Expert Advisors or algorithmic strategies, you’ll need a different tool like Forex Tester or the MT4/MT5 Strategy Tester.

How far back does FX Replay data go?

Historical data extends back to 2003 for most major forex pairs. However, some less popular instruments may have limited history—in some cases less than 10 years or even under 3 years of available data.

Is FX Replay worth it?

For manual traders who want to practice strategies or prepare for prop firm challenges, FX Replay offers solid value. The TradingView interface is intuitive, and the analytics are comprehensive. However, if you experience the lag issues some users report, or need algo testing capabilities, you may want to explore alternatives.