Review of Tradeview: Is Tradeview a Scam or a Legit Trading Platform?

Tradeview Review

It is possible to trade in over 5000 different financial instruments using Tradeview, such as cryptoassets such as bitcoin and ethereum, stocks like NASDAQ, and commodities like oil. This Tradeview review covers a wide range of subjects, some of which include demo accounts, platform options, and security measures.

A Brief Introduction To The Broker

originating from or located in the Cayman Islands Tradeview is an Internet-based STP and ECN broker that has been in business for a long time and is well-established. Since it was founded in 2004, the company has supplied its services to more than 100,000 accounts. A significant number of these accounts are held by institutional and seasoned traders from all over the world.

Tradeview is a brokerage that is licensed and regulated by CIMA and MFSA respectively. It gives customers access to more than 5,000 distinct types of financial instruments over five distinct platforms, including MetaTrader4 and MetaTrader5.

MORE ARTICLES

Sandbox (SAND) Has to Get Over This Obstacle in Order to Change Its Trend to Bullish

An Introduction To Exchange-based Tokens for the Complete Newbie

KYC plans for crypto funds have been scrapped by the Treasury of the United Kingdom.

In the year 2021, the brokerage firm made an extra investment in its European trading operations by establishing an office in Malta and getting a license from the regulating body of that jurisdiction. This was done in order to capitalize on opportunities in the region. As a result of this transfer, the company is now in a position to make use of the local regulatory environment and infrastructure in order to provide customers in the region market-leading trading conditions.

Marketplace for Traders

Customers are granted access to the MT4 trading platform, which is widely utilized and enables trading in both the FX and CFD markets. Users of the website have access to thirty unique technical indicators for use in market analysis, in addition to a comprehensive charting package that includes a wide variety of analytical tools. These indications and tools can be accessed through the website.

Traders will have the ability to find a setup that works for them thanks to the user-friendly large customization choices. Traders will be able to. MT4 does an excellent job of achieving a balance between the ease of use and the capabilities of the platform as a whole.

The Tradeview MAM (Multi Account Manager) plugin for the MT4 System is a user-friendly, blazing-fast, highly efficient, and dependable addition to the platform. The trader has the capacity to assess their maximum possible loss with the help of the drawdown tool. Through Tradeview, one of the most popular platforms for trading foreign currency, Metatrader4, is now available to be downloaded free of charge on mobile devices running the iOS and Android operating systems.

In addition to this, members get access to the MT5 trading platform, which is an updated version of its predecessor, MT4. The user interface of the platform features not only complex statistics but also an intuitive layout that can be personalized in any way the user sees fit and is completely configurable.

Multiple Assets

In addition to stocks and commodities, Tradeview customers have access to over a hundred additional assets.

The broker offers a selection of financial instruments that is about par for the course; nevertheless, there are other locations that provide more extensive choices of products to include in their portfolios.

Free Trial Account

A free live demo account is provided to users of Tradeview so that they can gain experience trading on a variety of platforms. These platforms include MT4, MT5, cTrader, and Currenex. Users are able to practice various trading methods, including the use of technical indicators, and can also learn how to trade in real-time without having to risk their own money.

On the website, signing up for a demo trading account is a straightforward process that can be done immediately. To get started, all you need to do is enter your information, determine which platform you want to use, and select the type of account you want to create.

Education As Well As Social Interaction

One of the educational materials that can be found on this website is a collection of terms that are defined in a glossary format. In addition to that, they are responsible for the operation of an instructional website known as Surf’s Up, which is centered on the foreign exchange market. The information on the website, which includes financial blogs and daily news items, is frequently updated with new material.

In addition, Trade Gate Hub, the broker’s social trading platform, is available to all of its clients. Members are given the opportunity to gain knowledge in the here-and-now from the experiences of other seasoned traders. Trading strategies such as copy trading and social trading could be helpful for novice traders and those who have restricted amounts of time.

Security

Tradeview ensures the financial well-being of its clients by separating the financial transactions of each client into their own individual bank accounts. In addition, the organization exclusively works with financial institutions who are ranked as tier 1 partners.

Another approach by which the brokerage protects its customers from the risks connected with trading and leverage is by making an algorithmic risk management system accessible on the trading platforms that it provides.

Bottom Line

With Tradeview, traders may participate in ECN trading and obtain real-time prices from liquidity providers without having to go through an intermediary. Traders are given the opportunity to engage in profitable trading through the use of Tradeview.