Quick Facts

• Founding Year: TradingView was founded in 2011.
• Headquarters: It is headquartered in Westport, Connecticut, USA.
• Founder: The company was founded by Stan Bokov.
• User Base: TradingView has over 30 million active users.
• Platform Features: It offers real-time charting, technical analysis, and social networking features.
• Available Plans: TradingView offers both free and paid plans, including Pro, Pro+, Premium, and Premium+.
• Support for Multiple Markets: It supports stocks, forex, futures, cryptocurrencies, and other markets.
• Availability of Mobile Apps: TradingView has mobile apps available for both Android and iOS devices.
• Content and Education: It offers tutorials, articles, and webinars to help users learn about trading and investing.
• Integration with Brokers: TradingView allows users to connect with a variety of brokers to trade directly from the platform.

Table of Contents

• TradingView Review: A Comprehensive Analysis of the Popular Trading Platform
• What is TradingView?
• Key Features of TradingView
• Pros of TradingView
• Cons of TradingView
• Who is TradingView Best For?
• Alternatives to TradingView
• Frequently Asked Questions

TradingView Review: A Comprehensive Analysis of the Popular Trading Platform

As a trader, having access to a reliable and feature-rich trading platform can make all the difference in your success. One such platform that has gained significant popularity in recent years is TradingView. In this TradingView review, we will delve into the features, pros, and cons of the platform to help you decide if it’s right for you.

What is TradingView?

TradingView is a social trading platform that allows users to chart, analyze, and trade various financial instruments, including stocks, forex, futures, and cryptocurrencies. The platform was founded in 2011 by Stan Bokov and has since become one of the leading online trading communities.

Key Features of TradingView

TradingView offers a wide range of features that make it an attractive platform for traders of all levels. Some of the key features include:

• Charting Tools: TradingView offers a comprehensive suite of charting tools, including various indicators, oscillators, and drawing tools. The platform’s charts are highly customizable, allowing users to save their own templates and share them with the community.
• Alert System: The platform’s alert system allows users to set custom alerts based on specific market conditions, such as price movements or indicator signals. Alerts can be sent via email, SMS, or pop-up notifications.
• Social Features: TradingView has a large and active community of traders, with millions of registered users worldwide. The platform allows users to share their ideas, insights, and trading strategies with others, in real-time.
• Scripting Language: TradingView has its own scripting language called PineScript, which allows users to create custom indicators, strategies, and alerts. PineScript is highly versatile and can be used to automate trading decisions.
• Broker Integration: TradingView is integrated with several well-known brokers, including Oanda, Huobi, and FXCM. This allows users to trade directly from the platform, without the need for additional software.

Pros of TradingView

TradingView has several advantages that make it a popular choice among traders. Some of the pros include:

• Free to Use: TradingView is free to use, even for its basic features. This makes it an attractive option for new traders who want to test the waters before committing to a paid platform.
• User-Friendly Interface: TradingView’s interface is highly intuitive and user-friendly, making it easy for new traders to navigate and use.
• Large Community: TradingView’s community is large and active, with millions of registered users worldwide. This provides access to a wealth of knowledge, insights, and trading ideas.
• Highly Customizable: TradingView’s charts and features are highly customizable, allowing users to tailor the platform to their specific needs and preferences.

Cons of TradingView

While TradingView has many advantages, it also has some drawbacks. Some of the cons include:

• Steep Learning Curve: While TradingView’s interface is user-friendly, its advanced features and scripting language can be complex and time-consuming to learn.
• Limited Customer Support: TradingView’s customer support is limited to online resources and a community forum. This can be a drawback for users who require more personalized support.
• No Support for Binary Options: TradingView does not support binary options trading, which may be a drawback for some users.
• No Built-In Risk Management Tools: TradingView does not have built-in risk management tools, such as stop-loss orders or position sizing. Users must use external tools or third-party add-ons to manage risk.

Who is TradingView Best For?

TradingView is suitable for traders of all levels, from beginners to professionals. However, it is particularly well-suited for:

• Technical Analysts: TradingView’s advanced charting tools and scripting language make it an ideal platform for technical analysts and traders who rely on chart patterns and indicators to make trading decisions.
• Social Traders: TradingView’s social features and large community make it an ideal platform for social traders who want to connect with other traders, share ideas, and learn from others.
• Algorithmic Traders: TradingView’s PineScript language and automated trading features make it an ideal platform for algorithmic traders who want to automate their trading decisions.

Rating

Based on our review, we give TradingView a rating of 4.5 out of 5 stars. The platform’s comprehensive features, user-friendly interface, and large community make it a top-notch platform for traders of all levels. While it has some drawbacks, the pros far outweigh the cons, making it a solid choice for anyone looking for a reliable and feature-rich trading platform.

Alternatives to TradingView

If you’re looking for alternatives to TradingView, some popular options include:

• Thinkorswim: A professional trading platform with advanced charting tools and technical analysis.
• MetaTrader 5: A popular trading platform with advanced charting tools and automated trading features.
• eSignal: A trading platform with advanced charting tools and real-time data feeds.
• ScottradeELITE: A trading platform with advanced charting tools and technical analysis.

Frequently Asked Questions

General Questions

• Q: What is TradingView?

  A: TradingView is a social trading platform that provides real-time market data, charts, and analysis tools for traders and investors. It allows users to create and share trading ideas, follow other traders, and access a vast library of indicators and strategies.

• Q: Who is TradingView for?

  A: TradingView is designed for traders and investors of all levels, from beginners to professionals. It is suitable for day traders, swing traders, and long-term investors who want to stay up-to-date with market news and analysis.

Features and Functionality

• Q: What types of charts does TradingView offer?

  A: TradingView offers a variety of chart types, including candlestick charts, line charts, Renko charts, and more. Users can customize their charts with a wide range of technical indicators and drawing tools.

• Q: Can I create custom indicators on TradingView?

  A: Yes, TradingView allows users to create their own custom indicators using PineScript, a programming language specifically designed for TradingView. This feature is available on the Pro and Pro+ plans.

• Q: Does TradingView offer real-time data feeds?

  A: Yes, TradingView provides real-time data feeds for stocks, futures, forex, and cryptocurrencies. Users can access market data for over 100 exchanges and 30,000+ instruments.

Pricing and Plans

• Q: How much does TradingView cost?

  A: TradingView offers several pricing plans:

  • Free: Limited features, delayed data feeds (5-10 minutes)
  • Pro: $14.95/month (billed annually), real-time data feeds, advanced charts, and technical analysis tools
  • Pro+: $29.95/month (billed annually), all Pro features, plus custom indicators, alerts, and priority customer support
  • Premium: $59.95/month (billed annually), all Pro+ features, plus additional data feeds, advanced charting tools, and API access
• Q: Can I upgrade or downgrade my plan?

  A: Yes, users can upgrade or downgrade their plan at any time. Please note that downgrading may result in the loss of certain features and data feeds.

Security and Integration

• Q: Is TradingView secure?

  A: TradingView takes security seriously and uses industry-standard encryption to protect user data. User accounts are also protected by two-factor authentication.

• Q: Can I connect my brokerage account to TradingView?

  A: Yes, TradingView supports integration with several brokerage accounts, including TD Ameritrade, Ally Invest, and E\*TRADE. This enables users to trade directly from the platform.

Support and Education

• Q: How do I contact TradingView support?

  A: TradingView offers 24/7 customer support through email, chat, and phone. Users can also access a comprehensive FAQ section and user guides on the website.

• Q: Are there any educational resources available?

  A: Yes, TradingView provides a range of educational resources, including tutorials, webinars, and a community forum. Users can also access a vast library of trading strategies and ideas shared by other traders.