Do professional traders use TradingView?
Professional traders visit forums like TradingView. They use these online spaces to talk about trading strategies, share ideas, and learn from others. On these platforms, traders of all levels, including experts, come together to chat and learn.
There are numerous Forex prop firms that use Tradingview as their primary trading platform. Some of the top firms include: TopstepFX. The5%ers.
On TradingView you can trade CFDs, forex, stocks and Crypto FX. Click on the relevant icon below to see full pricing information and trading conditions.
We're TradingView, a charting platform and social network used by 60M+ traders and investors worldwide to spot opportunities across global markets.
In order to have the ability to execute trades on TradingView, you must have a paid version of the platform and a funded futures trading account with Optimus Futures.
In addition to the most popular trading applications offered by FTMO to its clients, the TradingView website, which is also very popular among traders, offers an interesting analytical service.
- Saxo - Best web-based trading platform.
- Interactive Brokers - Great overall, best for professionals.
- FOREX.com - Excellent all-round offering.
- City Index - Excellent all-round offering.
- FXCM - Excellent trading platforms and tools.
- Capital.com - Great for beginners, easy to use.
TradingView is better for crypto trading. It has specific tools for crypto like Renko charts, crypto screener, and charting for thousands of crypto pairs. Thinkorswim mainly focuses on stocks, options and futures.
Day trading on TradingView can be rewarding if approached with the right strategies and mindset. Always prioritize risk management, stay disciplined, and continuously adapt your approach to evolving market conditions.
Conclusion: Embracing the Right Trading Platform
MT4 is a reliable and user-friendly platform for beginners and experienced traders, while TradingView is a powerful tool for technical analysis and social trading enthusiasts.
What is average trade in TradingView?
The sum of money gained or lost by the average trade generated by a strategy. Calculated by dividing the Net Profit by the overall number of closed trades.
TradingView was founded in 2011 by Konstantin Ivanov (CTO), Denis Globa (CEO) and Stan Bokov (COO). TradingView is headquartered in New York and has its European market headquarters in London.
TradingView is primarily used for financial market analysis, offering advanced charting tools, technical indicators, and social networking features to help traders and investors make informed decisions across various asset classes such as stocks, forex, commodities, and more.
- Interactive Brokers - best broker for TradingView in 2024. ...
- Webull - Free stock/ETF trading and high 5% interest on uninvested cash. ...
- Ally Invest - Low trading and non-trading fees. ...
- Oanda - Great trading platforms. ...
- Forex.com - Low forex fees. ...
- Optimus Futures - Low trading fees and free ACH withdrawal.
| Company | Forbes Advisor Rating | BEST FOR |
|---|---|---|
| Interactive Brokers | 4.4 | Best Online Broker For Traders |
| TD Ameritrade | 4.4 | Best Online Broker For Beginners And Best For Mobile App Users |
| Fidelity Investments | 4.4 | Best Online Broker For Everyday Investors |
| Charles Schwab | 4.3 | Best Online Broker For Customer Service |
Placing a Trade | How to Create Limit Orders, Stop Losses, and Profit Targets on TradingView. Once you click on Buy or Sell (1), prompting the execution window to open, you can then adjust the parameters of your trade prior to executing it (2). Let us walk you through the individual parameters step by step.
FTMO have now restricted access to all new US-based traders as of January 2024. This appears to be related to regulatory issues and may have something to do with the recent My Forex Funds case.
- 1- ARMAGEDDON 2 by Bullish way team. This indicator shows you the floor and ceiling of the market accurately. ...
- 2-Ichimoku Clouds. ...
- 3-Auto Fib Retracement.
Please note that FTMO does not provide services to persons in/from (both nationals and residents) Iran, Syria, Myanmar, North Korea and USA, persons listed on sanction lists, persons with criminal records related to financial crime or terrorism, and persons previously banned because of breach of contract.
TrendSpider offers an advanced, ad-free experience that stands out from TradingView and other competing products.
Who is the competitor of TradingView?
We have compiled a list of solutions that reviewers voted as the best overall alternatives and competitors to TradingView, including eToro, MetaTrader 5, Binance Broker, and E*Trade Web Platform.
In conclusion, while TradingView has a monthly cost, NinjaTrader can be used for free with a slightly higher commission. For those wanting to avoid the higher commission, a lifetime license purchase is available, making NinjaTrader the more cost-effective choice.
Final Verdict: Which Platform is Better for You? For most active traders and technical analysts, TradingView is the better overall platform with its robust charting capabilities, trading integrations, market coverage, data quality, alerts and mobile apps.
Despite its popularity, traders can only execute trades through TradingView by connecting to a Forex broker that supports the platform.
If you are a forex or CFD trader who wants a powerful platform with a wide range of features and customization options, then MT4 is a good choice. If you are a trader who wants a platform that is easy to use and has a wide range of markets and instruments available, then TradingView is a good choice.
