Tradeview Review 2023.
Risk Warning- CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% - 89% of retail investors' accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 74-89% of retail CFD accounts lose money.
Tradeview is based in the Cayman Islands and offers four leading trading platforms and 100+ financial instruments.
Risk Warning- CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% - 89% of retail investors' accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 74-89% of retail CFD accounts lose money.
Tradeview is an online broker with over 5000+ instruments across forex, stocks, commodities, indices and cryptocurrencies. Our review covers the account types offered, spreads, leverage, platforms and more. Find out whether Tradeview is the right broker for you.
Tradeview Details.
Tradeview is an established online STP ECN broker based in the Cayman Islands. Founded in 2004, the company has offered its services to over 100,000 accounts, including institutional and professional traders from around the world.
Tradeview is regulated by CIMA and MFSA and offers over 5000+ financial instruments across 5 platforms, including MT4 and MT5. However, the broker prohibits clients from the US and from countries where FX and CFDs are restricted by local laws or regulation.
In 2021, the brokerage also invested in its European trading operations, opening an office in Malta and securing a license from the local regulator. The move has allowed the company to leverage local regulatory conditions and infrastructure to offer market-leading trading conditions to clients in the region.
Trading Platforms.
Tradeview offers a choice of 5 platforms, suited to traders of all levels; MT4, MT5, cTrader, Sterling trader and CurreneX.
MetaTrader 4.
Clients can trade with the popular MT4 platform, which covers forex and CFD markets. The platform offers 30 technical indicators for market analysis and a comprehensive charting package, with a wide range of analytic instruments.
The user-friendly terminal allows for extensive customisation so traders can find a set-up that works them. MT4 does an excellent job of balancing functionality with ease of use.
The Tradeview MAM plugin is a simple, fast, effective and reliable addition to the MetaTrader4 System. The drawdown tool allows the trader to determine a maximum loss. The popular forex trading platform, Metatrader4, is available on Android and iOS devices – free of charge at Tradeview.
Tradeview MetaTrader 4 platform.
MetaTrader 4 is available on Windows, Mac, Web, iOS and Android.
MetaTrader 5.
Members also have access to MT5, a more updated platform to its MT4 predecessor. Along with advanced analytics, the platform’s dashboard comes with an intuitive interface that is fully customisable.
Users benefit from:
30 built-in key performance indicators Run up to 10 charts simultaneously Easy-to-access control panels 2,000 custom indicators Instant execution 21 timeframes Watch lists Access to over 50,000 real US Stocks and option Ability to trade on exchange equities.
MetaTrader 5 is available on Windows, Web, iOS and Android.
cTrader.
cTrader is a leading multi-asset ECN platform. It provides full STP technology for instant entry and execution. The platform offers a suite of 70 indicators, 26 chart time frames and level II pricing, making it suitable for more advanced traders.
Specifically, cTrader connects with Tradeview’s Innovative Liquidity Connector, which grants access to over 50 banks and prime liquidity providers.
Available in 14 different languages and spread from 0 pips. The cTrader platform also supports Copy, formerly known as cMirror. Here you can copy or mirror the strategies of professional money managers.
Tradeview cTrader platform.
cTrader is available on Windows, Android, iOS.
Sterling Pro.
Sterling Pro is widely used professional trading platform in the industry for trading equities, options.
It provides the powerful options trading tools required by professional options traders worldwide, including both single-leg and complex options order functionality. Sterling Trader Pro’s combination of powerful performance and configurability gives traders complete control over their trading in the American equity markets.
Single platform to trade equities, single and multi-leg options, and futures Highly configurable charting package with over 60 studies and indicators High performance, real-time Level I and Level II market data Broker and Clearing firm neutral with deep brokerage and clearing firm network Fully customizable and configurable hotkeys and hot buttons Portfolio management – real time position and P&L Customizable ticker watchlist with over 60 data points.
CurreneX.
CurreneX is a fully integrated forex trading software designed for clients who require advanced charting tools. The platform offers 31 additional technical analysis tools and is known for its high-speed, low-latency FX trading technology. For investors focussed on forex, the dedicated CurreneX platform is a good option.
Tradeview Currenex platform.
CurreneX is only available on Windows.
Assets.
Tradeview clients have a choice of over 100 assets:
Forex – 60 major, minor and exotic pairs i.e. EURUSD, GBPUSD and EURJPY Cryptocurrencies – 4 cryptocurrencies i.e. BTCUSD, ETHUSD Stocks – 5000+ real US stocks and options, and 9 indices including NASDAQ and AMEX Commodities – 3 metals and 3 energies, i.e. gold, silver and oil.
Overall, the broker offers a moderate range of financial instruments, though more extensive portfolios of products can be found elsewhere.
Spreads & Commission.
Tradeview offer floating spreads with variable commissions. Spreads and commissions differ across two of its forex accounts; Innovative Liquidity Connector® (ILC) and the X Leverage account.
Spreads start from 0 pips on the ILC account and are competitive on the X Leverage account. A $5 round turn commission is charged per lot traded on the ILC account, while X Leverage account holders aren’t charged. Typical spreads on leading pairs GBPUSD are 0.6 and 0.2 or EURUSD.
A comprehensive list of the broker’s swap rates can be found on their website under ‘Rollover rates’.
Leverage.
As with spreads and commission conditions, leverage also differs for each account. For ILC accounts, maximum leverage is 1:100 while on X Leverage accounts, it’s 1:400. The minimum trade size is 0.1 lots on the ILC account and 0.01 lots on the X leverage account.
Mobile Apps.
Tradeview does not offer a proprietary mobile app. However, the forex broker offers mobile trading using the MT4, MT5 and cTrader platforms. Mobile versions of MT4 and MT5 have the same functionality as desktop versions, such as the ability to control accounts and access 30 technical indicators for market analysis, among other features.
cTrader mobile features fluid charting functionalities, symbol information and in-app notifications.
Tradeview mobile app platform.
MT4, MT5 and cTrader apps are available to download on the App Store and Google Play.
Deposits & Withdrawals.
Deposits on Tradeview don’t come with any charges. The broker offers a wide range of deposit methods with varying processing times:
Credit Card – (Same day) Mastercard/Visa Bank Wire – (approx. 1-2 business days) Scotiabank, Fidelity, BCP Alternative – (Same day) Uphold, Bitpay, PayR, Sticpay, Fasapay, TransferMate, Advcash, Interac e-Transfer, Bitwallet, Neteller, Skrill, Tronipay.
Withdrawals are only released via the same method in which the payment was originally submitted. Tradeview does not charge fees for withdrawals. However, a hefty $35 is charged with the bank wire option and a 1%-1.5% fee for Skrill and Neteller. To submit a request for withdrawals, users have to complete a form on the website with supporting documentation.
Demo Account.
Tradeview offers a free live demo account where users can trade across MT4, MT5, cTrader and CurreneX platforms. Users can learn to trade in real-time, practice trading strategies with technical indicators while avoiding monetary risk.
Signing up for a demo account is easy on the website. Simply input your details, choose a platform and select an account type to get started.
Tradeview Bonuses.
From time to time Tradeview may offer promotional bonuses. Full details can be found on the website.
Regulation.
Tradeview Forex is regulated by the Cayman Islands Monetary Authority (CIMA) under license number 585163. CIMA is the main regulator of financial services in the Cayman Islands.
In addition, the broker’s European trading hub holds a license from the Malta Financial Services Authority (MFSA). They recently opened a new office in Malta regulated byt the Malta Financial Services Authority (MFSA) License Number IS/93990. MFSA is a fully autonomous public institution and reports to Parliament on an annual basis. The MFSA is a member of the European Banking Authority (EBA),and the European Securities and Markets Authority (ESMA).
However, most expert traders and institutional clients are likely to be more cautious of offshore regulated brokers. This review would have liked to see regulation from more reputable bodies like the FCS, CySEC and ASIC.
Additional Features.
Education: Tradeview offers some educational materials in the form of a glossary list. They also have a website called Surf’s Up!, which is dedicated to educating about the FX market. The website is updated with daily news and regular financial blogs. Social trading: The broker also offers its own social trading website called Trade Gate Hub. Members can learn from other professional traders in real time. Social and copy trading may suit beginners or those with limited time.
Trading Accounts.
Tradeview offers Individual, Corporate and Joint account types. The main differences are in the aforementioned forex account types; Innovative Liquidity Connector and X Leverage, which are available on all three accounts.
ILC accounts require a minimum deposit of $1000, while the X Leverage account requires a $100 deposit. All accounts over $2,500 get a dedicated account manager, 24/7. Once the account is created, users can log in on the ‘Client Cabinet’.
The broker also offers swap-free accounts for Islamic traders.
Benefits.
MT4, MT5, cTrader, CurreneX, Sterling Trader platforms Social & copy trading Crypto trading.
Drawbacks.
High withdrawal fees on bank transfers Limited educational materials US clients not accepted Offshore regulation.
Trading Hours.
Tradeview opens on Sunday at 5 pm EST and closes on Friday at 4:55 EST. Each market is subject to specific trading hours. Forex, indices and commodities markets are open 24/5 from Monday to Friday. Trading hours for each market can also be viewed on MT4 and MT5 platforms.
Customer Support.
The broker can be contacted via the live chat box on their website, via email at tradeview@tradeviewforex.com or on their telephone hotline:
Main Office – +1 345 945 6271 Direct Phone – +1 345 946 4532.
The company’s headquarters are based in the Cayman Islands – Tradeview LTD, Grand Cayman, KY1-1002; 5th Floor Anderson Square, 64 Shedden Rd, PO Box 1105.
Security.
Tradeview ensures safety and security by keeping client funds in segregated bank accounts. Furthermore, the company only works with tier 1 banks.
The brokerage also protects its clients from trading and leveraging risks through an automated risk management system, which is available on their trading platforms. These measures ensure that account balances don’t go negative. Moreover, its platforms provide high-tech encryptions, secure logins, and industry-standard data privacy. The broker also conducts regular internal and external company audits, which can be viewed on their website.
Tradeview Verdict.
Tradeview offers competitive spreads with low commission and generous leverage across trusted trading platforms. While its CIMA regulation is good, analysts and experts usually advise not to trade with offshore regulated brokers. The limited educational materials may also fail to meet the needs of new traders. Therefore, while Tradeview is a decent broker, we also recommend exploring other forex and CFD providers.
Accepted Countries.
Tradeview accepts all countries except those on the OFAC Sanctions List. EU Countries can sign up through Tradeview Europe Ltd which is based in Malta.
They do not provide accounts to US residents.
Compare Tradeview.
Compare Tradeview with similar brokers that accept traders from your location. Among available brokers these are the most similar to Tradeview:
RoboForex – RoboForex is a multi-asset online broker offering powerful trading aides. Pepperstone – Pepperstone offers CFD trading to both retail and professional traders. Clients can trade FX, indices, commodities and shares on MT4, MT5 and cTrader platforms. FP Markets – FP Markets is a multi-asset broker offering a choice of trading platforms. InstaForex – InstaForex is a CFD broker providing access to forex, stocks, cryptocurrencies, commodities, energies, indices, and more. With competitive fees and a huge range of available assets, the brand offers safe and reliable trading.
Tradeview Comparison Table.
Compare Tradeview With Similar Brokers Tradeview RoboForex Pepperstone FP Markets InstaForex Rating – 4.5 4.8 – 4.1 Markets Forex, CFDs, indices, shares, commodities, cryptocurrencies Forex, CFDs, indices, shares, commodities, cryptocurrencies, cryptoindices, ETFs CFD, Forex, Indices, Crypto, Currency Indices, ETFs, Shares, Commodities, Spread betting Forex, CFDs, indices, shares, commodities, cryptocurrencies CFDs on Stocks, Indices, Commodities, Forex, Cryptocurrencies, US Synthetic Shares & ETFs, Shares BasketsForex, shares, indices, metals, oil and gas, futures, cryptos, binary options Demo Account Yes Yes Yes Yes Yes Minimum Deposit $100 $10 $500 recommended $100 €200$/€1 Minimum Trade 0.01 lots 0.01 lots 0.01 Lots 0.01 lots 0.01 Lots Regulators CIMA, MFSA IFSC FCA, ASIC, DFSA, CMA, BaFin ASIC, CySEC, ESMA CySECBVI FSC Bonus Promotional Offer vary. Contact Tradeview for details $30 welcome deposit bonus – – 30% – 100% Welcome Bonus Education No No Yes Yes No Platforms MT4, MT5, cTrader MT4, MT5, cTrader MT4, MT5, cTrader MT4, MT5 MT4, MT5 Leverage 1:400 CIMA 1:30 MFSA 1:2000 1:500 1:500 1:30 for retail clients, 1:500 for professional Payment Methods 11 24 7 14 9 Detailed Comparison – Tradeview vs RoboForex Tradeview vs Pepperstone Tradeview vs FP Markets Tradeview vs InstaForex Visit Review Tradeview Review RoboForex Review Pepperstone Review FP Markets Review InstaForex Review.
Compare Trading Instruments.
Compare the markets and instruments offered by Tradeview and its competitors. Please note, some markets may only be available via CFDs or other derivatives.
Compare Tradeview Trading Instruments Tradeview RoboForex Pepperstone FP Markets InstaForex CFD Yes Yes Yes Yes Yes Forex Yes Yes Yes Yes Yes Stocks Yes Yes Yes Yes Yes Commodities Yes Yes Yes Yes Yes Oil No No Yes No Yes Gold Yes Yes Yes Yes Yes Copper No No Yes No Yes Silver Yes Yes Yes Yes Yes Corn No No Yes No No Crypto Yes Yes Yes Yes Yes Futures No No No No Yes Options No No No No No ETFs No No Yes No Yes Bonds No No No No No Warrants No No No No No Spreadbetting No No Yes No No Volatility Index No No Yes No No.
Tradeview vs Other Brokers.
Compare Tradeview with any other broker by selecting the other broker below.
Tradeview vs.
FAQ.
Is Tradeview regulated?
Yes. Tradeview is licensed and regulated by CIMA under license number 585163. However, CIMA is an offshore regulator.
Tradeview are also regulated by MFSA.
Does Tradeview offer a demo account?
Tradeview does offer a free demo account, with access to all its platforms. Users have to input some personal details on the broker’s website to get started.
How much capital do I need trade with Tradeview?
A minimum deposit of $100 is required on the X Leverage account and $25,000 on the Innovative Liquidity Connector.
Is Tradeview a good broker?
Tradeview offers competitive spreads and little to no commission with high leverage across all account types. However, besides offering 60 currency pairs, they offer a relatively limited set of tradable assets.
Is Tradeview a trustworthy broker?
Tradeview maintains good governance under CIMA regulation and conducts regular audits. Client funds are also secured in segregated tier 1 banks. Thus, Tradeview is unlikely a scam and is trustworthy.
Risk Warning- CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% - 89% of retail investors' accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 74-89% of retail CFD accounts lose money.
Risk Warning- CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% - 89% of retail investors' accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 74-89% of retail CFD accounts lose money.
Articles about Tradeview.
Risk Warning- CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% - 89% of retail investors' accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 74-89% of retail CFD accounts lose money.
All contents on this site is for informational purposes only and does not constitute financial advice. Consult relevant financial professionals in your country of residence to get personalised advice before you make any trading or investing decisions. Daytrading.com may receive compensation from the brands or services mentioned on this website.
Risk Warning: Trading CFDs on leverage involves significant risk of loss to your capital.