TradingView is the world’s most popular charting platform and social network for traders, used by more than 50m globally. Day traders and swing traders love it because of its speed, ease of use, and affordability.
It provides real-time market data from over 150 exchanges worldwide, a suite of technical analysis tools, and a great stock screening app for iOS and Android. It offers alerts, custom time intervals, financial analysis, and social networking.
This article will review the key features of the world’s most popular investing brand to help you discover if it’s the right fit for you.
We’ll give you our verdict on if it’s worth it and, particularly, whether you should subscribe to one of the paid plans. We’ll also cover how useable it is for beginners.
(capital risk applies)
Trading View Review: Our Verdict
TradingView has 50 million users for a good reason: it’s superbly designed, well-priced and easy to use.
With its powerful technical analysis tools and user-friendly interface, TradingView offers clean and responsive charts, a vast library of indicators and strategies, and the ability to create and customize your own. It has everything you would expect from a top-level trading platform, such as alerts, a watchlist, charting colour options and additional built-in scripts.
We also appreciate the community aspect of TradingView and the ability to test and share trading strategies. It’s worth pointing out that certain features are only available with a paid subscription to one of the pro plans.
It is perfectly useable for beginners, although we suggest you watch Youtube tutorials and practise via a demo account at your broker of choice before committing real money.
Overall, Trading View is our #1 choice for charting software.
Is Upgrading to Trading View Pro Worth it?
TradingView Pro offers a range of key benefits that, we feel, make it a worthwhile investment for traders looking to take their trading to the next level.
One of the main benefits of the Pro plan is the ability to use up to 5 indicators per chart, providing traders with more in-depth technical analysis capabilities. Additionally, the Pro plan allows for 2 charts in one layout, enabling traders to compare and analyze multiple securities side by side.
Another significant benefit of TradingView Pro is the inclusion of 40 active server-side alerts, which can be set up to notify you of price movements or other market events. This feature is particularly useful for traders who rely on automated trading strategies or need to stay on top of market movements throughout the day.
The Pro plan also offers an ad-free experience, eliminating distractions and providing a more seamless user experience. The Pro plan also includes volume profile indicators and custom time intervals, allowing traders to gain deeper insights into market trends and movements.
Multiple watchlists are another feature included, enabling you to keep track of multiple securities across different markets. Bar Replay on intraday bars is another key benefit of the Pro plan, allowing you to replay historical price movements and gain insights into how markets have reacted to different events in the past.
Finally, multi-monitor support in the Desktop app is included in the Pro plan, allowing you to optimize your workflow.
| Feature | Description |
|---|---|
| Charting Tools | 12 chart types, including Renko, Kagi and Point & Figure; customizable; up to 8 charts per tab; synchronize symbols, intervals, and drawings |
| Technical Analysis | Hundreds of pre-built studies, 100+ pre-built indicators, 100,000+ community-built indicators, 50+ smart drawing tools, volume profile indicators, candlestick patterns recognition, multi-timeframe analysis |
| Alerts | Cloud-based alerts for every device, 12 alert conditions, instant price alerts, technical alerts for indicators, drawings & strategies, push & webhook notifications |
| Pine Script™ | A traders’ programming language to write and share custom indicators and strategies |
| Trading Strategies | Simulation of real trading, flexible strategy creation and customization, executed order tracking, and sharable performance reports |
| Financial Analysis | An extensive volume of fundamental data for all major stock exchanges, financial statements, valuation analysis, historical data |
| Broker Integration | Ability to trade directly through top brokers, with real reviews from verified customers |
| Social Networking | Part of the largest social network for traders and investors, with the ability to discover, research, and publish trading ideas and analysis |
| Global Markets | Reliably connected to hundreds of data feeds with direct access to stocks, futures, all major indices, Forex, Bitcoin, and CFDs, with worldwide coverage |
About TradingView
TradingView is a cloud-based social platform for traders and investors that offers various tools for technical analysis, charting, and trading ideas. It was founded in 2011 by Stan Bokov, a software engineer and financial analyst; Denis Globa, a financial analyst and entrepreneur; Constantin Ivanov, a software engineer; and Pavel Badioukov, a software engineer and entrepreneur.
According to user reviews, it is currently the world’s top website for all things investing. TradingView has received a 4.9 rating from over 1 million reviews, making it the most loved finance app available. Users are able to share their own custom scripts and ideas, with over 10 million currently available on the platform.
What Services Does TradingView Offer?
Charting and Analysis
TradingView is known for its robust and advanced charting and technical analysis tools.
The platform offers a wide range of chart types, including line, bar, and candlestick, as well as a variety of timeframes. TradingView provides access to over 100 indicators and drawing tools, and users can customize and create their own scripts and ideas. The platform also offers real-time data and the ability to set up alerts and notifications for important market movements.
One of the standout features of TradingView’s charting functionality is adding multiple charts to a single workspace, allowing users to compare different assets or timeframes side-by-side. In addition, the platform offers a variety of chart types, including line, bar, and candlestick charts, as well as custom chart types like Renko and Kagi charts.
TradingView provides users access to a vast library of indicators, including popular options like moving averages, MACD, and RSI, and more advanced indicators like Ichimoku Cloud and Fibonacci retracements.
Traders can add these indicators to their charts with just a few clicks, making it easy to analyse market trends and patterns.
Trading
TradingView offers a user-friendly interface that makes buying and selling assets easy. Users simply click on the trading panel to place a trade and enter the necessary information, including the asset, quantity, and order type.
TradingView supports various order types, including market, limit, stop loss, and take profit. Traders can also set custom order types, such as iceberg orders, which allow traders to hide the total size of their order from the market.
These advanced order types benefit traders who want to avoid slippage.
Can I actually trade on Trading View?
Yes, you can trade directly from TradingView through supported brokers.
TradingView integrates with a range of brokers, including Activtrades, Ally Invest, Alor, Alpaca, AMP, Binance, BingX, Bitget, Bitstamp, BlackBull Markets, Capitalcom, City Index, Currencycom, Dhan, Dorman Trading, EasyMarkets, Eightcap, Finanzen.net zero, FOREXcom, FXCM, FXOpen, Gemini, Global Prime, iBroker, Interactive Brokers, Info Yatirim, IronBeam, OANDA, OKX, Optimus Futures, Orama, Osmanli Yatirim, Pepperstone, Phillip Nova, Saxo, Skilling, SpreadEX, StoneX, Tickmill, Timex, TradeStation, Tradier, Tradovate, Velocity, and WH Selfinvest. This integration allows users to trade directly from the TradingView charts and interface. However, it is important to note that not all brokers may be available in all regions
Another critical feature of TradingView is its integration with multiple brokers. Users can link their TradingView accounts with their broker accounts, allowing seamless trading execution.
TradingView also offers a feature called “one-click trading,” which allows users to place trades directly from the chart with a single click.
Paper Trading
TradingView’s Paper Trading allows users to practice buying and selling securities using “fake” money without any real risk. The system tracks the orders and displays Profit or Loss (PnL) on the account. The chart is equipped with “buy/sell” buttons and users can also enter orders by right-clicking on the chart. The Trading Panel at the bottom of the chart displays a list of open positions and orders. All filled, cancelled, and rejected orders are automatically deleted after reloading the chart. Users can reset their account balance and order history at any time in the Account Settings.
Market Data and Screeners
TradingView provides a comprehensive suite of market data and analysis tools that allow traders to stay informed about market trends and identify potential trading opportunities. One of the most valuable features of TradingView is its built-in screener, which allows traders to filter stocks, cryptocurrencies, and other assets based on a wide range of criteria.
The screener provides a customisable set of filters allowing traders to narrow their search to find assets that meet their specific trading criteria. These filters include technical indicators, fundamental data, and other metrics, such as market cap, volume, and dividend yield.
Traders can also save their screener settings as custom watchlists, allowing them to easily track their favourite assets and stay informed about changes in the market.
TradingView offers real-time and historical data for various financial markets, including stocks, FOREX, and cryptocurrencies. This lets traders stay informed about the latest market trends and make informed trading decisions based on real-time market data.
Traders can also view historical price data to identify potential trading opportunities.
Alerts and Notifications
TradingView alerts are notifications that are triggered when the market meets certain criteria set by the user. These criteria can be based on prices, indicators, strategies, or custom drawings.
The alerts can take the form of visual popups, audio signals, email alerts, email-to-sms alerts, or push notifications sent to the user’s phone. Pro, Pro+, and Premium users can also receive webhook notifications. All users can access these alerts, regardless of their account type.
In addition to alerts for specific price levels, TradingView also offers alerts for technical indicators, such as moving averages and Bollinger Bands.
Traders can set up alerts for when an indicator crosses a certain level or when two hands intersect, allowing them to react quickly to changes in market conditions.
TradingView Alerts:
| Feature | Description |
|---|---|
| Real-Time Price Alerts | Receive notifications for any price movement based on custom criteria. |
| Indicator Alerts | Create alerts based on over 1,000 indicators on TradingView, including custom ones. |
| Strategy Alerts | Receive notifications when a strategy’s order is executed. |
| Draw Your Own Alerts | Get custom alerts based on drawings made on the chart. |
| Alert Types | Includes Crossing, Crossing Up/Down, Greater Than/Less Than, Entering/Exiting Channel, Inside/Outside Channel, Moving Up/Down, Moving Up %/Down %. |
| Alerts for Drawings | Alerts are available for various types of drawings and can be adjusted automatically when the drawing is changed. |
| Notifications | Receive visual pop-ups, audio signals, email alerts, email-to-sms alerts, and PUSH notifications on any device. |
Trading View Social Network and Community
TradingView promotes a social network and community for traders and investors, allowing them to share ideas, insights, and analyses. Users can follow other traders and see their trading ideas and strategies. They can also interact with other users through comments and messages.
The platform also has a chat feature that allows traders to join specific chat rooms based on their interests. Users can also create their chat rooms and invite other traders to join.
Pine Script
Pine Script is a proprietary scripting language developed by TradingView, which allows traders and investors to create custom technical indicators, signals, and trading strategies.
With Pine Script, users can program custom indicators and strategies based on price data, technical indicators, and mathematical functions.
One of the critical advantages of Pine Script is that it is user-friendly, even for those who are not professional programmers. The language is based on simple and intuitive syntax, making it easy to learn and use.
TradingView also offers extensive documentation and a large community of developers who share their knowledge and code.
Pine Script is fully integrated with the TradingView platform, meaning that users can use their custom indicators and strategies within the TradingView charts and tools. This allows traders to test and optimise their real-time strategies and share them with the TradingView community.
Education and Support on Trading View
TradingView produces a range of educational resources and support options to help traders and investors make the most of the platform and improve their trading skills.
One of the primary resources offered by TradingView is its extensive library of educational content, including articles, videos, and webinars. These resources cover a wide range of topics, from the basics of technical analysis to advanced trading strategies and market insights.
TradingView also offers a help center that answers frequently asked questions and troubleshoot tips for common issues. Users can also contact TradingView’s support team through email or live chat for personalised assistance.
API Integration
One of the standout features of TradingView is its ability to integrate with external APIs. An API, or application programming interface, allows different software applications to communicate with each other and share data. TradingView’s API integration allows traders to connect to various third-party platforms, such as brokerage accounts, trading bots, and other trading tools.
TradingView’s API integration is compatible with various programming languages, including Python, JavaScript, and Ruby. This means traders with programming skills can build custom trading tools and strategies and connect them to their TradingView account.
TradingView’s API also allows traders to access real-time market, historical, and other financial data. This data can be used to create custom charts and indicators, build trading algorithms, and conduct backtesting.
In addition to the API, TradingView also offers a webhook feature, which allows users to receive real-time notifications when certain events occur, such as when a new candle is formed or when a trade is executed. This feature can be helpful for traders who want to automate their trading strategies.
How Much Does TradingView Cost?
The platform offers a range of plans, each offering a different range of perks.
After the plan fees, TradingView does not charge additional fees for trading or using its platform to execute trades. However, users may incur trading fees charged by their broker or exchange.
Is TradingView free to use?
It is possible to use TradingView for free, but some features may be limited compared to the paid plans. The free plan provides users with access to basic charting tools, real-time data, and a limited number of indicators. The paid plans, Pro, Pro+ and Premium, offer additional features such as advanced charting tools, real-time data for more exchanges, indicators, and analysis tools.
(capital risk applies)
Pros and Cons of Trading View
Pros
- Free Plan
- High-Quality Analytic Tools
- Stock, FOREX and Crypto Screeners
- Active Investors Community
- Access to Global Markets
- Detailed Charting Tools
- Educational Resources
Cons
- Limited Free Plan
- Limited Broker Options
- Poor Customer Support
Who is TradingView For?
TradingView is designed for traders, investors, and analysts of all experience levels. The platform suits those interested in technical analysis, charting, and trading ideas across various markets, including stocks, forex, futures, cryptocurrencies, and more.
Professional traders and institutional investors use TradingView to analyse markets, identify opportunities, and develop trading strategies. They can create custom indicators and backtest trading ideas and publish their insights and ideas to a large community of like-minded traders.
For individual investors and traders, TradingView allows to analyse markets, find new trading ideas, and make informed decisions. They can access real-time data from various exchanges, set alerts for price changes, and execute trades directly from the platform.
TradingView is also suitable for beginners learning about trading and investing. The platform provides an easy-to-use interface and a wealth of educational resources, including tutorials, articles, and webinars.
What are the Customer Reviews like for Trading View?
Trading View is the highest-rated finance app on the Apple app store with a 4.9 rating based on over 500,000 reviews worldwide, indicating high user satisfaction.
However, Trading View receives quite poor reviews on Trustpilot, with a current score of 2.3 stars over 527 reviews. This seems odd for a platform with 50 million users, but looking deeper, it seems a lot of these negative reviews appear to be from those who are unhappy with being charged a recurring subscription fee or felt that the customer service team responsible for handling this moved very slowly. In order to get a handle on this, Trading View has left a public note on their Trustpilot which says: ‘Attention! In case of an unwanted charge, please note we honor all refund requests,’ which is a reassuring sign. They also offer clear steps for accomplishing this.
35% of users award the platform 5 stars, citing the quality of the platform’s charting analysis.
41% of users give negative reviews of only 1 star, citing wrongful billing and poor customer support.
Is Trading View safe?
As a charting and social networking platform for traders and investors, TradingView is not regulated by the Financial Conduct Authority (FCA) in the United Kingdom or any other regulatory body.
TradingView users must use a regulated broker to execute trades and manage their investments.
TradingView is generally considered a safe platform for trading and analysis. The platform uses advanced security measures such as two-factor authentication and SSL encryption to protect users’ data and prevent unauthorised access to accounts.
