Tradingview Review
Chart. Chat. Trade. Repeat
Overview
When it comes to stock charts, there are a lot of options out there. Some sites offer their charts for free, but they often have restrictions. It can make them almost useless once you factor in all the ads or cumbersome and slow to use compared to other sites that don’t have those same issues.
TradingView fixes both these problems; its website is slick and performs just as well when accessed on mobile devices as an app would, while not having any intrusive ads or being too difficult or time-consuming: users work simply with ease!
What Is Tradingview?
TradingView is a financial service that provides stock analysis and investment tools, with offices in London, England, and Westerville, Ohio. Three people founded it: Constantine Ivanov, Denis Globa, and Stan Bokov. TradingView has raised $40 million through its Series B funding round as of 2021. And there are over 30 million traders who use the site each month, according to their website’s statistics.
Tradingview Features
The free features of TradingView are very useful, and you should use them without registration. However, if you want more advanced functionalities like multiple charts, layouts, or custom time intervals, a subscription to the paid version is worth it.
Indicators and Charts
In the free version, you can open one chart at a time per tab. In TradingView Premium, users can simultaneously have up to 8 different charts on their screen. Signing up for the free version of TradingView Pro-subscribers – who get 12 different types of customizable graphs with more advanced functions and data import/export- can save their custom layouts and choose between twelve-line styles for each graph layout.
Drawing Tools
Various drawing tools are available on all plans, including lines and trends, geometric shapes, patterns, or annotations. These tools help one understand the markets better than ever before. The market can go up or down – no matter what direction it goes in – TradingView will always keep you informed with technical details about trading stocks!
Server-Side Alerts
When you want to set price alerts at specific levels on your favorite stocks, TradingView allows this with just a few mouse clicks. You can even use server-side alerts in the free version – but more advanced features require a subscription. And when you choose between 12 different alert conditions, there are many ways that these notifications can be sent out (e.g., by SMS or via email).
Paper Trading
In tradingview, the paper trading feature is a fun and exciting way for traders to test their strategies without risk. You can also create watch lists using TradingView, which you can use during the extended hours when the live market is closed.
What Makes TradingView Unique?
Trade with confidence and invest in stocks through TradingView. With their quality plans, free services, real-time data, and unique features such as alerts, you can make wise investments that will increase your net worth and help you build wealth. The following are some of our favorite reasons to use TradingView.They offer a wide variety of tools to help investors track the market. Get alerts when the price moves or reaches a certain point. Track multiple investments on one tradingview chart for easy comparisons.
Research and education tools that are impressive: The TradingView platform provides many tools for traders to find the best stock screener, news feeds, and more.
Free accounts: Want to get started with trading on a budget? You can access the free version of TradingView.
Simple mobile charting: The mobile platform for trading on TradingView is impressive and well-designed. It includes tradingview live charts, stock history review features, and the ability to easily swing trade stocks from it.
Analytics: Analytical tools allow you to understand better how technical analysis works and make more informed decisions.
Tradingview Pricing
We find that TradingView has four account plans: one free and three paid. Monthly, yearly, and every two years, billing options are available. Each paid plan comes with a 30-day free trial, which charges considerably less than some competitors.
Free Plan
The basic account is for you if you’re a beginner or want to get started with TradingView and see how it works. It contains one chart per layout and one alert – three indicators can be used on your device-and has limited features compared to other accounts. The social community, global data, and economic earnings calendar are still accessible through this account; they don’t have access to customer support.
Plans | Pro$14.95 /Mo | Pro+$29.95 /Mo | Premium$59.95 /Mo |
Features | Key benefits of Pro: 5 indicators per chart 2 charts in one window 20 server-side alerts Ad-free Volume profile indicators Custom time intervals Multiple enhanced watchlists Bar replay on intraday bars Multi-monitor support in the Desktop app | All the benefits of Pro, plus: 10 indicators per chart 4 charts in one layout 100 server-side alerts 10 saved chart layouts Intraday exotic charts Charts based on custom formulas Chart data export Indicators on indicators | The complete package, with 25 indicators per chart 8 charts in one layout 400 server-side alerts Unlimited saved chart layouts Second-based intervals Alerts that don’t expire 4x more data on charts (20K bars) Publishing invite-only indicators |
How Do I Open An Account?
Getting started with TradingView is easy. Just visit the site and click the “Start Tradingview Free Trial” button. Sign-up will only take a minute or two, and no sensitive information is needed unless you go for the paid subscription package.
Mobile And Desktop Apps
TradingView app has a mobile app and a desktop app. The web browser will perform the same on your computer, but you can use multi-monitor support with the TradingView desktop version.
Is It Worth It?
Yes, because the TradingView platform offers a novel way to present complex data in addition to its extensive feature set, you should consider using it. The free version of the TradingView platform will likely provide all your needs without getting too overwhelming with indicators.
Is It Safe And Secure?
TradingView is encrypted, so you are not dealing with a financial company. The site does not provide insurance for its users like the FDIC or SIPC, and it’s an eCommerce website instead of a broker or bank.
Tradingview Pros and Cons
Pros
- A superior charting system is available in HTML5.
- User-friendly experience
- Cross-platform iOS, Web, and Android
- An alerting system that runs on the server side.
- Screeners
- Support a wide range of markets and exchanges.
- Backtesting trading strategies
- Affordable Pricing
- Scripts
- Most users will be satisfied with a free trial.
Cons
- Free accounts have limited support, and paid plans have tech support.
- It does not integrate with most “household name” full-service brokers.
Customer Support
TradingView has some support options for its platform, including chat assistance and comprehensive FAQ pages. You can only contact their help team right now by using the messaging feature on TradingView’s home page. To access this service, click on the “Support” icon in your left-hand navigation bar to start chatting with an agent immediately around the clock! If you need additional information connected to free trading charts but not necessarily helpful in every case, there is also a FAQ section full of resources.
Tradingview Review- Final Thought
Whether you’re a beginner trader or an experienced one, TradingView is a great tool to use. You get many research tools for free on the home page, and with a basic account, you can practice charting and mock trading before placing trades at your favorite brokerage. I think this software is worth trying!
One of the best low-cost charting platforms on the web is TradingView. It has a lot to offer investors with its free and basic functions. If it’s more about stock screening, then Trade Ideas is your better option since they have much more advanced trading tools than TradingView. However, if you’re interested in just technical analysis and charts, then TradingView will suit your needs nicely!
