A free Soft4FX alternative that runs in your browser
Soft4FX Forex Simulator is a one-time purchase of about $99 to $109 that runs as an add-on inside MetaTrader. AlgoBars gives you market replay and unlimited backtesting free, in the browser, on desktop and on your phone, with no MetaTrader install. You can then trade the same strategy live on 334 brokers.
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Soft4FX Forex Simulator vs AlgoBars
Soft4FX Forex Simulator figures from its own pricing pages or cited listings, checked October 2026.
| Soft4FX Forex Simulator | AlgoBars (free) | |
|---|---|---|
| Price | About $99 to $109, one time (per published listings) | Free |
| Where it runs | Add-on for MetaTrader 4 and 5 | Browser, desktop and phone, no MetaTrader needed |
| Automated backtests | Manual simulation focus | Unlimited automated backtests, free |
| Going live | Use MetaTrader separately | Built in on 334 brokers |
Everything you would pay for, free on AlgoBars
Here is what a backtesting and market replay trader gets on AlgoBars at $0, compared with paying for Soft4FX Forex Simulator.
| What you get | On AlgoBars |
|---|---|
| No coding required | Build in plain words or no-code blocks, or write AlgoBarsX (ABX), AlgoBars' own trading language |
| Backtesting | Free and unlimited, on every account |
| Chart types | Kagi, Point and Figure, Line Break, Renko, range bars, tick charts and Heikin-Ashi, free |
| 1-second charts | 1s, 5s, 10s, 15s and 30s timeframes, free |
| Market replay | Free |
| Walk-forward analysis | Free |
| Monte Carlo simulation | Free |
| Strategy optimizer | Free |
| Paper trading | Free |
| Trade journal | Free, built into the platform you trade on |
| Indicators | 100+ built in and unlimited custom indicators, with no per-chart cap |
| Multi-chart layouts | Free |
| Live trading | Free on 334 integrated brokers and 131 prop firms |
| AI that writes a strategy for you | Uses credits: 250 free every month, then $1 per 100 |
What actually costs money on AlgoBars
Every platform feature is free on every account, every month: no card, no trial and nothing to cancel. You only pay for AI usage: AI writing a strategy, indicator or alert for you, AI analysis and chat, and auto-trading on external (non-integrated) brokers. You get 250 credits free every month, and more cost $1 per 100. Anything you write yourself, every backtest, every import and trading on integrated brokers stay free.
Step by step: move from Soft4FX Forex Simulator to AlgoBars
- Create a free AlgoBars account. No card is needed, and there is no trial clock.
- Pick a market and open a chart. Practise with market replay, or write your rules and backtest them as often as you like.
- Test it: backtests are free and unlimited. Check robustness with walk-forward analysis and Monte Carlo simulation, also free.
- Go live on one of 334 integrated brokers. Strategies keep running on AlgoBars servers when you log off.
When Soft4FX Forex Simulator may still suit you
Soft4FX suits traders who want to stay inside MetaTrader and practise on tick data there.
Backtests you can trust
AlgoBars backtests use only the data available at each moment and fill orders on the next bar, so a result reflects your rules, not hindsight. They show the raw price move, before spread and commission, so you see the edge of the rules themselves. Check each broker's spread with the broker spread map before going live.
Frequently asked questions
Is there a free Soft4FX Forex Simulator alternative?
Yes. AlgoBars gives you the same core job free: market replay, unlimited backtesting and a trade journal, on every account.
What does Soft4FX Forex Simulator cost compared with AlgoBars?
Soft4FX Forex Simulator: About $99 to $109 one time (MetaTrader add-on), as published when checked. AlgoBars: $0 for every platform feature, on every account.
Is AlgoBars really free?
Yes. Every platform feature is free on every account, with no card and no trial clock. Only AI usage costs credits, and you get 250 free every month.
Does AlgoBars charge for backtesting?
No. Backtests are free and unlimited on every account, on any market and timeframe AlgoBars has data for. Walk-forward analysis and Monte Carlo simulation are free too.
When is Soft4FX Forex Simulator still a good choice?
Soft4FX suits traders who want to stay inside MetaTrader and practise on tick data there.
More answers
Sources
- Soft4FX listing (NexusFi)
- AlgoBars figures: pricing, FAQ
Competitor prices and terms change. They are shown as published when checked in October 2026. Trading involves risk of loss.