Best Backtesting Software

Compare the Top Backtesting Software as of February 2026

What is Backtesting Software?

Backtesting software enables traders to backtest trading strategies in order to determine how successful specific trading strategies would be in different scenarios and market conditions. Backtesting software can be used for stocks, equities, forex, crypto, and more. Compare and read user reviews of the best Backtesting software currently available using the table below. This list is updated regularly.

  • 1
    MATLAB

    MATLAB

    The MathWorks

    MATLAB® combines a desktop environment tuned for iterative analysis and design processes with a programming language that expresses matrix and array mathematics directly. It includes the Live Editor for creating scripts that combine code, output, and formatted text in an executable notebook. MATLAB toolboxes are professionally developed, rigorously tested, and fully documented. MATLAB apps let you see how different algorithms work with your data. Iterate until you’ve got the results you want, then automatically generate a MATLAB program to reproduce or automate your work. Scale your analyses to run on clusters, GPUs, and clouds with only minor code changes. There’s no need to rewrite your code or learn big data programming and out-of-memory techniques. Automatically convert MATLAB algorithms to C/C++, HDL, and CUDA code to run on your embedded processor or FPGA/ASIC. MATLAB works with Simulink to support Model-Based Design.
  • 2
    Gainium

    Gainium

    Gainium

    Gainium tackles the headache of unpredictable crypto markets by offering easy-to-use tools that help traders at every level. Have you ever wished you could try a strategy without risking your shirt? That's where our risk-free backtesting and paper trading comes into play. For those who dread missing out on market movements while they sleep, our trading bots, including the clever combo bots, work round-the-clock to ensure opportunities aren't missed. It's like having a trading guru and a robot rolled into one, always there to guide your crypto journey.
    Starting Price: $17.5/month
  • 3
    Trade Ideas

    Trade Ideas

    Trade Ideas

    Trade-Ideas is a cutting-edge stock scanning and trading analysis platform that empowers traders with AI-driven insights and real-time data. Its proprietary AI, Holly, generates daily trade ideas based on rigorous backtesting and market analysis, helping traders stay ahead of the curve. With highly customizable scanners, real-time alerts, and seamless broker integration, Trade-Ideas allows users to quickly identify and act on high-potential trading opportunities. The platform also offers robust backtesting, risk management tools, and advanced visualizations, making it an all-in-one solution for traders seeking precision and performance. Whether you're a day trader or long-term investor, Trade-Ideas provides the tools you need to succeed in the market.
    Starting Price: $127 per month
  • 4
    Uncle Stock

    Uncle Stock

    Uncle Stock

    Uncle Stock is the ultimate tool for discerning investors seeking quality and value in their stock selections. It enables you to invest with confidence, tailoring your approach to achieve better financial results. Here's why Uncle Stock stands out: Unmatched Information Depth: Offering over 4,000 metrics, Uncle Stock provides extensive and precise data, essential for making well-informed investment decisions. Comprehensive Global Coverage: Uncle Stock covers 40,000 companies and 65,000 listings, ranging from nanocaps to largecaps. This wide scope allows investors to diversify their portfolio and explore unique opportunities in various markets. Integrated Backtesting Feature: Uncle Stock includes a built-in backtesting tool, enabling you to evaluate and refine your investment strategies using historical data to maximize your returns. Uncle Stock combines depth, global reach, and advanced tools to support your investment journey, enhancing your potential for success.
    Starting Price: $15 per month
  • 5
    TradeStation

    TradeStation

    TradeStation

    Enjoy commission-free* equities trading with our award-winning trading technology. Get access to more than 2,000 commission-free* ETFs, plus the tools you need to explore your trading ideas. We have the tools you need to leverage options, plus hundreds of options specific education opportunities. Trade futures contracts on indices, gold, Euro, crude oil, bonds, and many other futures contracts. Our FuturesPlus platform has been specifically designed for the needs of futures options traders. Get your share of today’s up-and-coming companies – before their shares hit the market. Simplify and diversify your investments with the option to choose among 2,000 Mutual Funds. New traders or seasoned professionals can experience the full suite of powerful trading technology, online brokerage services, and trading education all under one roof. Cutting edge trading technology that provides power, reliability, and mobility. Market insights, education, and resources for new and seasoned traders.
  • 6
    Arrow Algo

    Arrow Algo

    Arrow Algo

    Our vision is to make algorithmic trading simple and more accessible. Through our innovative no code algorithmic trading software users can build, backtest and run automated trading strategies on a simple block builder engine without needing any programming knowledge or skills. Users can build strategies for free and back test (or purchase pre-built strategy templates) and run them on their exchange account through an API. Tokenisation of assets on blockchain technologies will remove settlement and counterparty risk for trading and pave the way for new innovations in algorithmic trading. We are leading the charge.
    Starting Price: 0
  • 7
    Option Alpha

    Option Alpha

    Option Alpha

    Leverage automation to improve returns, find better trades, and transform into a superhuman trader. Trade SPX for a cash settlement and favorable tax treatment using the all-new 0DTE Oracle. Our mission is to empower every trader with the tools and knowledge to consistently place smarter trades with automation. See the future price range that the options market is projecting along with each expiration's max pain point. Earnings Edge provides a unique math-based approach for trading earnings reports that helps find opportunities based on historical price moves in post-earnings. Explore pre-calculated trading ideas that meet your criteria, then instantly place orders. At Option Alpha, we are devoted to empowering traders with simple, powerful tools supported by world-class research and education. By developing industry-first automation technology, enhancing data and information accessibility, and nurturing our community at every level, Option Alpha is changing the way people trade.
    Starting Price: $79 per month
  • 8
    TrendSpider

    TrendSpider

    TrendSpider

    TrendSpider is a new type of charting, technical analysis and trading platform - one built by traders, for traders. It's a unique set of integrated tools designed to help you find, plan, and time your trades with greater efficiency and precision. Discover a better way to build your watchlist with Market Scanner. Define your own technical conditions, or choose one of more than 20 built-in scans, to automatically scour the market for the best trading opportunities. TrendSpider was built by traders to automate the most tedious parts of technical analysis. That way, you can find more opportunities, avoid costly mistakes, and improve your trading. TrendSpider's proprietary Raindrop Charts are designed to enhance your edge by combining price action, volume and sentiment into a new, simple and powerful of chart visualization.
    Starting Price: $33 per month
  • 9
    Portfolio123

    Portfolio123

    Portfolio123

    Be a cold-blooded investor. Create, backtest, and invest in your own rule-based strategies. See why professionals and academics trust Portfolio123. Manage your accounts like never before. Everything you are used to using has been reimagined and improved. Enjoy free real-time quotes, analyze with free investor tools, manage multiple accounts easily, send orders to your broker, keep track of your decisions. Best data in the business, professional-level quant tools, flexible yet simple workspace, ludicrously fast simulation engine, and expert community ideas. We believe the world needs a better solution for investing. Our mission is to help everyone own stocks, increase their chances for better returns, and enjoy life. No matter how much time you want to dedicate to making investment decisions, from “set it and forget it” to learning about things like free cash flow and factor models, managing your portfolio should be possible for everyone.
    Starting Price: $9 per 21 days
  • 10
    MetaStock

    MetaStock

    MetaStock

    MetaStock has been providing award-winning charting and analysis tools for the self-directed trader for over 30 years. Capitalizing on technical analysis, our line of trading software and market data are designed for active traders of all levels so they can backtest, scan and analyze the markets with confidence. The result is buy and sell signals you can count on. We have options for day traders, swing traders and EOD traders to trade stocks, options, futures, FOREX and more. Try MetaStock and we are confident you’ll agree that it’s the best charting software available to the private trader. Specifically designed for day traders, MetaStock R/T powered by XENITH is among the world's more powerful private trader platforms. Highly customizable, MetaStock R/T contains powerful analysis tools to help you make informed decisions about what to buy and sell and when to execute to be as profitable as possible.
  • 11
    TradersCockpit

    TradersCockpit

    TradersCockpit

    Looking for readymade setups backed by years of Technical Research and Backtesting. DashboardX is custom-made for your different investment and trading needs. Interested to apply the power of quantitative analysis and artificial intelligence to work for your investments and improve returns on your wealth-building corpus. Invest using SMART SIP, a scientific way known to outperform traditional SIP so as to invest more when markets are cheaper and holds back when markets appear expensive. So you sit back and relax and let the power of machine learning DRIVE your investments. All our alerts are backed with years of data. We are not biased towards any provider of financial products. We have a unique and successful methodology that integrates quantitative techniques and Technical Analysis.
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