Tradeview Review

Category: Reviews | Author: Trading Brokers | Date: November 17, 2022

Tradeview is an established forex and CFD broker that offers a large selection of financial instruments across multiple asset classes for trading on its user-friendly yet powerful platforms for desktop, web and mobile devices. They have a great selection of platforms for you to choose from depending on your trading style and experience level. These versatile platforms include Currenex, cTrader, MetaTrader 4 (MT4) and MetaTrader 5 (MT5). The broker also has social trading integration along with managed accounts which can be a solution for those of you who do not have the time or skills required to trade manually. If you are ab active day trader there are plenty of useful tools provided to assist you with your market analysis so you can find trading signals and make informed decisions. I like how the broker has a collection of educational materials for beginners along with a traders’ room and discussion forum where you can connect with and learn from other likeminded traders. I think they that Tradeview can be worth considering for anyone who is looking for simple yet flexible access to the markets.

Pros & Cons

  • Good selection of financial instruments to trade online
  • Excellent choice of professional and powerful trading platforms
  • Low spreads from 0.0 pips and commission free trading
  • Social trading via cTrader copy, Myfxbook and MetaTrader platforms
  • Managed accounts are available for investors and money managers
  • Active community with traders’ room, trading signals and forum
  • Drawdown controller, Surf's Up! and other innovative tools are available
  • Trade with FIX API connectivity via provided platforms
  • Variety of educational content to assist beginners
  • Free demo accounts to practice trading online
  • Very responsive customer support on hand 24/5
  • Minimum $100 deposit not the lowest
  • High withdrawal fees on bank transfers
  • Larger deposit required for best trading account
  • Traders from some countries are not accepted
  • Do not provide 24/7 customer support

Summary

Tradeview is a forex and CFD broker that provides a very competitive trading environment to clients from all across the globe. Established in 2004, the broker is headquartered in the Cayman Islands with other offices around the world. They have a vision to provide unmatched online trading solutions to a broad range of traders and investors around the world. Tradeview gives its clients the latest trading technology, flexibility and personal support with our cultivated team of industry professionals. This means 24 hour trade support and streamlined administrative procedures to ensure your needs are met with speed and accuracy.

Trading Conditions

The broker gets its assets pricing from over 50 premium Liquidity providers and aggregates the offers through its ‘Innovative Liquidity Connector’ and presents the best available prices to the clients’ trading platforms. Traders are provided with an ECN environment with No Dealing Desk (NDD) and no price manipulations. The trading servers are located in LD4 data centres of the Commercial Network Services (CNS). What this means is that you should get your trades executed at the best possible prices at all times with minimal slippage. I would always prefer to trade without a dealing desk as it means there should be no conflict of interest between the trader and broker. I wouldn’t want them taking the other side of my trade as a market maker broker would.

Tradeview Innovative Liquidity Connector

Tradeview Innovative Liquidity Connector

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Our #1 Broker 2023

AvaTrade is an award-winning and multi-regulated broker offering a great selection of trading instruments including Forex, Cryptos, Stocks and Commodities. You can trade on all of your devices via user-friendly platforms with excellent trading conditions and no commission fees.

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

Regulation

When I am choosing a trading broker, regulation is one of the first things that I look out for. This is because a regulated broker must comply with strict rules and regulations that are put in place to ensure they operate in an honest and transparent manner. Tradeview Ltd is authorized and regulated by the Cayman Islands Monetary Authority (CIMA) and the Malta Financial Services Authority (MFSA). I think it is important to keep in mind that not all regulators are the same. Some are considered more reliable than others. If you are looking for additional regulation, then you may wish to take a look at AvaTrade as they are regulated in multiple jurisdictions by some top-tier regulators.

Funds

Clients’ accounts are maintained with only Tier1 global banks and segregated from Tradeview company accounts. Strict rules are followed in order to maintain this policy. Regular internal and external audits are carried out to ensure full compliancy. These segregated funds should only be returned to the clients in the event of broker insolvency and should not be used to pay off any debts.

Security

Tradeview servers are equipped with the latest hardware and software as well as modern security technologies. All the servers are automatically backed up in order to secure clients’ data and trade orders. Strict policies are followed in order to safeguard clients’ data. The broker also provides automatic risk management procedures which helps to protect clients’ account balances from going negative. The technology deployed tracks all client positions, margin level and trades in real time.

Countries

Tradeview does not accept traders from the United States or any other country or region where the trading CFDs contravenes the local laws. If you find that they are unable to accept clients in your country for whatever reason, then please feel free to use our broker comparison tool to find an alternative option.

Platforms

When it comes to choosing a trading platform for your daily trading activity, Tradeview is certainly not short of options. The state-of-the-art trading platforms are designed for active traders looking for an edge. Tradeview offers a front-end trading system with complete back office support and a dealing centre. These premier level platforms comprise of a complete turnkey solution for online trading with the most in-depth ECN platforms the industry has to offer. Whatever your trading style, there is a platform for everyone. They have platforms for retail traders who just want to do some basic chart analysis and platforms for professional traders with complex strategies who are looking for institutional trading conditions. Tradeview are one of a few brokers who provide cTrader and MetaTrader, along with the likes of Pepperstone.

Currenex

This is a professional trading platform that offers advanced technology, multiple liquidity and complex trading tools. It is often used by hedge funds and institutional clients. Currenex offers advanced charting tools. Besides traditional trend analysis, there is a good range of 31 additional technical analysis tools and 13 line studies that are integrated within the charting program. You have the required tools to find the exact position you wish to enter and you can quickly place the order directly from the chart to save time.

Currenex

Currenex

Currenex is the leading provider of fully integrated, high-performance FX trading solutions for clients who require advanced technology, diverse liquidity, and an environment that offers them greater choices in how to trade. With its award-winning suite of trading and workflow processing solutions, Currenex satisfies the diverse needs of the FX community, from high-speed professional traders and banks to retail trading providers. Tradeview provides the platform as a downloadable desktop application for Windows. It is used for trading only currency pairs.

Currenex Features

  • User friendly interface, fast and reliable
  • Advanced order management and reporting tools
  • Complex charting package with advanced tools
  • Multiple liquidity sources that comes from over 50 liquidity providers
  • Multicurrency support
  • Supports full depth of market at any time
  • 31 additional technical analysis tools

cTrader

This is a sophisticated trading platform developed by Spotware Systems Ltd which is a trading software company founded in Limassol, Cyprus. cTrader is a leading multi-asset Forex and CFD trading platform, offering rich charting tools, advanced order types, level II pricing, and fast entry and execution. With a stunning user interface, it’s connected to the most sophisticated backend technology, and made available on multiple devices. It offers full customizations, charting, trading tools, social trading and automated trading.

cTrader

cTrader

cTrader Features

  • Available in over 14 languages
  • Full charting; 4 charts styles displayable on up to 26 timeframes
  • Level 2 pricing with access to depth of markets
  • Integrates the ‘cTrader copy’ which is a social trading platform allowing investors to copy the strategies of other traders
  • Multiple order types which include market orders, stop orders, limit orders, etc
  • cTrader automate is used to create indicators and trading robots that automates forex and CFD trading
  • Ability to connect to Tradeview Innovative Liquidity Connector

MetaTrader 4 (MT4)

This is a popular professional trading platform that is widely used by millions of traders from all over the world. The MT4 platform was developed in 2005 by MetaQuotes Software Corporation which is a trading software company based in Cyprus. It features speedy connections, intuitive interface and multiple tools for conducting detailed chart analysis and trading. Tradeview MT4 can be downloaded for Windows and for mobile devices running on iOS and Android.

MetaTrader 4 (MT4) Platforms

MetaTrader 4 (MT4) Platforms

MetaTrader 4 (MT4) Features

  • Live streaming of assets quotes from Tradeview’s ‘Innovative Liquidity Connector’
  • Allows the extension of its features via plugin apps developed with the MetaQuotes Language (MQL4) editor
  • Supports automated trading via Expert Advisors (EAs) scripted with the MQL4
  • Supports one-click trading without confirmations
  • Multiple order types including market orders, pending orders and risk management tools
  • Charting on 9 timeframes with 30 technical indicators and 24 analytical tools
  • Price alert notifications can be sent to the trader via email, SMS or platform pop-ups
  • Expert Advisors (EAs), Myfxbook connectivity, Autotrade and Tradeview Drawdown Controller

MetaTrader 5 (MT5)

This is an advanced trading platform built by the same MetaQuotes Software Corporation in 2010 to expand on the existing MT4 platform. It has the same physical interface but more features and complexity when compared to the MT4 platform. Tradeview supports the Windows desktop version of the MT5 as well as the mobile trading apps which run on Android and iOS devices. I think that MT4 will do the job as a forex trading platform but that MT5 is perhaps more suited for those of you who are looking for a stock trading platform. Either way, both MetaTrader platforms are excellent choices for traders and investors of all experience levels. I have been using them for years and never felt the need to switch to any other platform. They are perfect for manual and automated trading with minimal hassle. I also like how the platforms are available through many MetaTrader brokers which means you don’t need to learn a new platform every time you want to try out a broker.

MetaTrader 5 (MT5) Platform

MetaTrader 5 (MT5) Platform

MetaTrader 5 (MT5) Features

  • Supports the development, back testing and deployment of multi-currency Expert Advisors (EAs) which are used to automate strategies
  • Exclusively on the MT5, Tradeview clients can trade 100 markets in 24 countries listed on major exchanges including NASDAQ, NYSE and AMEX
  • On MT5, Tradeview clients can trade over 5,000 real U.S. Stocks & Options
  • Access to buy or rent EAs, trading tools and indicators from the MetaTrader market
  • Complex charting using up to 21 timeframes. 100 chart windows can be opened simultaneously
  • Up to 38 inbuilt technical indicators and 44 analytical tools
  • The economic calendar tab is inbuilt into the platform
  • Multiple order types including up to 6 pending orders
  • Supports one-click trading of all forex and CFD assets
  • Price alert notifications

Tools

I feel like the provided trading platforms should have more than enough built-in tools to meet the demands of most traders. However simplistic or complex you need your strategy to be, chances are you can create it within any of the available platforms. That’s not to mention, you will find plenty more add-ons to further enhance their capabilities whilst you can even develop your own should you have the coding skills to do so. Otherwise, you could always hire a freelancer to bring your manual and automated trading strategies to life. That being said, it is also nice to see that the broker has made available some additional trading tools to help enhance the overall trading experience.

Tradegatehub.com

This is a social trading platform and forum owned by Tradeview where you can interact in real time with other traders who provide trading signals, answer questions and guide the traders. The site has a forum where traders can connect, ask questions and learn from each other. It also features live a trading room, webinars, charts and analysis. This can be a great solution for those of you who may not have the time or skills required to trade but are looking to gain access to the markets. Just make sure that you are aware there can be no guarantees on how good or bad the signals will perform. Past performance is by no means any indication of what will happen in the future.

Social Trading

This is available via cTrader Copy on the cTrader platform and also available in the MT4 and MT5 platforms. Tradeview clients can become signal providers and earn when other clients make profits by copying their trades. They can also become investors by searching for signal providers and automatically copying their trades. Tradeview clients can also request for Myfxbook AutoTrade accounts to connect their trading accounts to a greater community of traders for social trading. It should be noted that there are no guarantees of performance with copying the signals of another trader and you should have a clear understanding of the significant risks involved with trading online. If you are specifically looking for a social trading network, then eToro is the industry leader in this respect.

Multi Account Manager (MAM)

The Tradeview MAM software is an MT4 plugin app that is fast and reliable. It allows clients to create a master account and assign sub accounts to it. The master account places trades which are distributed between the sub accounts using already established proportions. Multiple master accounts can be created with each plugin. This can be a good option for those of you who are money managers and need a convenient way to handle of your accounts from one place.

Tradeview Drawdown Controller

This is an MT4 plugin designed for account managers in order to help manage risks. It is easy to install and free to download for Tradeview customers. The user sets a threshold using percentage or anywhere he wants it to stop overall loss. I think this can be a useful tool to help control the risk on accounts when used correctly.

Pivot Points Calculator

This is a technical analysis tool. Pivot point is the estimated price at which the price of a forex pair changes direction. The trader inputs the high, low and closing prices while the calculator gives the R1, R2, R3, Pivot, S1, S2 and S3 prices.  There are calculators for Standard Pivots, Fibonacci pivots, Camarilla pivots, Woodie’s pivots and DeMark’s pivots. I think this can be a great way to identify various pivot points which are an important part of price action analysis and can be quite complicated to calculate otherwise.

Surf’s Up!

Surf’s Up! by Tradeview breaks down the news events which are moving markets. With a new breed of investors entering the financial markets, they report some of the key insights and analysis needed in order to try and help traders catch the next trading wave. I found this to be a great tool for identifying some possible trading signals that I may have otherwise overlooked.

Economic Calendar

The Tradeview economic calendar is powered by MetaQuotes. It shows the dates and times of economic events and the forecasted impacts of the events on the markets. It also shows the currency affected and the impact history. The actual impact is updated after the event. Clicking on the event will open its details, charts and analysis. The economic calendar can be customized by date, time and zone, to make sure that you only see the news which matters most to you. I think this is a vital tool and always like to make sure I am aware of any pending news events before taking a position. It is worth mentioning that you can access the calendar from within the MT5 platform which can be more convenient and save you time switching between tabs to check the news.

Education

The Tradeview website has an education section that features a good selection of training resources. There are articles on forex trading, important forex indicators and CFD trading. There is a collection of easy to digest videos and platforms tutorials. The videos look at placing orders as well as other features of the platforms. The glossary section contains a large range of trading terms as well as financial and economic terms with their definitions. The FAQ webpage has commonly asked questions and their detailed answers. I think this is a decent amount of content to help educate beginners but not quite up to par with the vast selection that Admirals have to offer.

Markets

There is quite generous selection of financial instruments available for trading online with Tradeview. I think there should be enough for everyone to create a diversified portfolio, regardless of their interests. However, they don’t quite compare to the likes of RoboForex who have thousands of tradeable instruments. That being said, if you are primarily trading forex and stocks, there should be enough to keep you busy.

  • Forex
  • Commodities
  • Stocks
  • Options
  • Cryptocurrencies
  • Indices

Accounts

Tradeview Forex can accommodate all levels of traders looking for a full-service forex brokerage. An account with Tradeview can be structured to meet your individual preferences or needs. If you are new to trading then you can always sign up for a free demo account and hone your trading strategy before making a commitment. When you are ready, it is easy to make the switch and open a live account to get access to some of the best trading platforms in the industry. The major account types are Individual, corporate and Joint account types. But there are forex account types as follows:

X Leverage account

The opening balance is $100 and it features competitive spreads. The maximum leverage is 1:400 and the minimum trade size is 0.01 lots. No commissions are charged. This account might be suitable for those of you who are not fussed about low spreads but would rather not pay a commission fee and trade with a higher leverage. If you are looking for even higher leverage still, then InstaForex can go all the way up to 1:1000. Just make sure you have a clear understanding of the risks involved with using leverage before taking any leveraged positions.

Innovative Liquidity Connector Account

The minimum deposit is $1,000 and the minimum trade size is 0.1 lots. The spreads start from as low as 0.0 pips and commissions of $2.5 per side are charged on trades which works out at a very reasonable $5 per standard lot per round turn. The maximum leverage on this account type is 1:100. I think this can be a good account type for scalping systems and automated strategies that require the lowest possible spreads. Even with a commission fee added on top it could work out cheaper in the long run depending on how much volume you are trading. The downside being that you have to make a much larger deposit to get access to the low spreads. If it is out of your reach, then XM Group provide raw spreads from 0.0 pips with a minimum deposit requirement of just $5 instead.

Demo Account

Demo accounts are freely available on all platforms. During demo account creation, you can decide the leverage and the amount of virtual funds desired. A leverage of up to 1:400 and virtual funds up to $1 million is available on demo accounts. This can be a great way to practice your trading strategies and see if the broker has suitable conditions.

Support

The Tradeview customer service desk is available 24/5 on instant web chat. You can also fill the contact us’ form and the support team will respond by email. Support can also be received through emails and telephone. On social media, they are on Facebook, Twitter, LinkedIn and Instagram. I found them to be quick to respond and very helpful. I can also appreciate how they have taken the time out to personally respond to both positive and negative feedback online. Support is never more than a click away.

Funding

You can choose from a variety of convenient funding potions with Tradeview including bank transfers, card payment and digital wallets. I find the online payment processors to be the quickest and easiest way to move funds between my trading accounts. This can be important if there is some market news that you need to try and take advantage of and want access to your funds as soon as possible The broker does not charge deposit or withdrawal commissions which is great but you might want to check with your payment provider if they will charge you any fees. The broker also does not accept cash payments. Only deposits from the client’s bank, card or digital wallets are accepted. Deposits from third parties are rejected which is pretty standard with most brokers to comply with regulators.

Conclusion

Tradeview has been in the brokerage business for a long time and has been expanding its services across the world. The CIMA and the MFSA regulations mandate to help ensure clients funds safety and a safe trading environment which the broker is constantly monitoring and maintaining. The generous choice of cutting-edge platforms makes Tradeview to stand out from some of the competition. The trading fees are competitive whilst the platforms come with an abundance of different tools to assist traders. The broker also provides ‘tradegatehub.com’ which is a community of traders and experts. Clients can learn and trade together with all the resources, tools and signals that are readily available. Overall, I think they can be a broker worth considering for traders of all experience levels who want to access the markets with plenty of resources available at their fingertips. If you are curios, you can always try them out with a free demo account and see how things go. Alternatively, please feel free to see our best brokers for some other options.

Tradeview Logo

$100

Tradeview is an online broker that offers trading on industry leading platforms with favourable trading conditions and tools to help with your market analysis. They also provide social trading, managed accounts, trader education and a community of traders to share ideas with.

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.


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