Tradeview Review (2023)

What is Tradeview?

Tradeview has been a leader in providing electronic direct market access to the foreign exchange and equities markets since 2004.

Tradeview’s technology and ancillary account services have been at the forefront of online financial services and Tradeview has maintained a leading position by offering state of the art trading platforms, account security, and multi-jurisdictional client support services. Investors and Traders choose Tradeview for our extremely tight spreads (Read Axitrader review, which also offers tight spreads), leading-edge technology, and high level of customer service.

The international proposal through performed through an established entity in the Cayman Islands that allows international traders to open accounts and also get high leverage or other conditions. Yet, be sure you learn the differences between regulations and conditions well.

Tradeview Pros and Cons

Tradeview provides Choice between MT4 and MT5, good spreads with Worldwide coverage through entities in Malta.

The negative point, an international proposal is done via offshore Cayman, education is missing too.

Is Tradeview safe or a scam

No, Tradeview is not a scam is an authorized broker with European MFSA.

Is Tradeview legit?

Tradeview Europe Ltd. is licensed as a Category 2 Investment Service Company (IS/93990) and is regulated by the Malta Financial Services Authority (MFSA). The Malta Financial Services Authority (MFSA) is the single regulator for financial services in Malta. 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), the  European Securities and Markets Authority (ESMA)and the  International Organization of Securities Commissions (IOSCO) and is a signatory of the Multilateral Memorandum of Understanding with other European regulatory Institutions. Tradeview is authorized to provide financial services across multiple asset classes and is passported in the EU/EEA under MiFID II (EU Markets in Financial Instruments Directive). 

Also, there is an additional entity, Tradeview Ltd., which is registered offshore in the Cayman Islands (Find out offshore forex trading brokers complete list by link). Being an offshore zone, the Cayman Islands do not define strict obligations to its financial registered firms, which may be a risky investment in case the firm is only based there. However, since Tradeview is additionally authorized by the European regulator, it is considered to be safe to trade with them.

Leverage

Like the majority of Forex brokers (Check out FXPRIMUS forex broker review), Tradeview also offers leverage, a powerful tool to increase the potential of gains through its ability to multiple initial accounts balance. However, leverage should be used smartly as it increases the power of losses as well.

Leverage levels depend on the instrument you trade and are defined by the regulatory restrictions together with your personal level of proficiency. Thus, European retail clients and those who trade with Malta Tradeview entities are eligible to use the leverage of 1:30 for major currencies, 1:20 for minor ones and 1:10 for commodities due to ESMA restrictions.

Yet, trading with the global offshore Tradeview branch you may access higher leverage ratios that go to a maximum of 1:400.

Account types

There are several account types designed to meet particular trading needs, also providing quite flexible trading conditions. 

In addition, you may always sign in for a Free Demo Account available for both platforms offered, so you can see trading conditions, simulate performance and make your decision further.

Tradeview’s Innovative Liquidity Connector provides traders with top-of-the-book access to the best bid/offer rates from numerous liquidity providers. This allows trading in an ECN environment without going through a dealing desk or suffering from price manipulation.

X Leverage accounts offer commission-free trading with a minimum deposit of only $100 (or equivalent base currency).

With an initial deposit of only $1,000 Tradeview’s Innovative Liquidity Connector provides ECN trading (Check out another ECN broker Infinox review) with zero markups and the lowest spreads (Read RoboForex review, which also offers low spreads) in the industry.

Trading Instruments

The Tradeview trading instruments or trading products are offered through a popular CFDs or Contract for Difference model, which allows vast flexible opportunities for price speculation without particular ownership of an asset.

• You can trade currency pairs such as EUR/USD, USD/JPY, USD/CAD, and others 24 hours a day. Take advantage of the lowest spreads in the industry through Tradeview’s Innovative Liquidity Connector.
• Use one of Tradeview’s stock trading platforms to access real shares in individual companies such as Apple, Netflix, Starbucks, and Tesla, or trade ETFs on the S&P 500, NASDAQ 100, and others.
• Tradeview’s CFDs on futures allow you to gain exposure to contracts on commodities like coffee and oil or any of the major stock indexes.
• Tradeview’s index CFDs provide exposure to the price movements in the world’s major indices such as the ASX, DAX, FTSE, NASDAQ, Nikkei and SGX.
• Trade the world energy benchmarks with access to natural gas, WTI, and Brent Crude Oil.
• Tradeview offers access to cryptocurrencies such as Bitcoin (including BTC/JPY), Litecoin, and Ethereum. By trading using CFDs you can speculate on price movements in the underlying crypto without needing to hold the digital assets.

Fees

Tradeview’s ECN pricing has no markups and a very low commission of just $2.50 per standard lot, per side. Available to all ILC clients with no minimum volume requirements, Tradeview provides industry-leading trading conditions.

As for the trading costs, the broker does not charge a commission per trade while all costs are presented by the spread from 0.1 pips. Typical spreads on leading pairs GBPUSD are 0.5 and 0.1 for EURUSD.

Deposits and Withdrawals

The deposit and withdrawal options include multiple offerings from various providers that are covering the needs of almost every client and are truly globally covered. The methods include Mastercard/Visa Credit/Debit cards, Bank wire, Uphold, Bitpay, PayR, Sticpay, Fasapay, TransferMate, Advcash, PayTrust, Interac e-Transfer, Bitwallet, ecoPayz, Neteller, Skrill, Tronipay.

What is the minimum deposit for Tradeview?

The minimum for an ILC account is USD $1,000 and the minimum for an X Leverage account is USD $100.

Withdrawals

Withdrawals are only released via the same method in which the payment was originally submitted. Tradeview does not charge fees for withdrawals.

Trading Platforms

Tradeview offers its clients the popular MetaTrader Platforms that many manual or automated traders worldwide prefer.

Furthermore, the offered platforms feature both veteran MetaTrader4 and its newer version MetaTrader5, which is not only a standard feature but is enhanced by the broker edition with optimized systems.

The platforms themselves are designed for use through Windows, Mac, Web, iOS, Android devices.

The Tradeview MT4 MAM plugin is a simple, fast, effective, and reliable addition to the MetaTrader4 system. The platform provides a wide range of features for our traders, including various execution technologies, unlimited charting quantity, a large number of technical indicators and line studies, custom indicators, scripts, and more.

With MetaTrader 5, you can now trade equities on all major US exchanges such as Netflix, Apple, Amazon, and Facebook among many others. With a user-friendly interface, trading robots, and copy trading, you can succeed in the markets even if you are new to trading. Multiple servers designed to perform different functions provide traders with fast executions and low latency. Change your MetaTrader 5 settings to place orders with a single click, simplifying the trading process and reducing execution time to minimize slippage.

Customer Support

The broker’s customer support team is available 24/5 and opens Sunday at 5pm EST and closes on Friday at 4:55pm EST. It can be reached via email at [email protected] or on their telephone hotline +356 20311017.

Education

Tradeview provides all the necessary trading tools for your success. In addition to its industry-leading spreads, service, and technology they offer three unique learning environments:

Tradeview is proud to sponsor TradeGATEHub – The Global Active Trading Environment. Traders can join it for free access to the ultimate trading community with breaking news and analysis. TradeGATEHub lets you learn from being in the room with pro traders in real time and analysis.

Surf’s Up! by Tradeview breaks down the news events which are moving markets. With a new breed of investor entering financial markets, Surf’s Up report the key insights and analysis needed to help you catch the next trading wave.

Tradeview Academy provides the information to learn to trade or further develop your trading skills and knowledge. You will find a full suite of articles, online courses, and videos that cover a full range of trading topics for all levels of experience.

Conclusion

Tradeview Review is about a company that gives an opportunity to engage in trading with the ECN model and quotes provided directly by the liquidity providers. The broker designed various accounts with comprehensive features and different minimum deposit requirements that allowed traders of different levels to start trading in Tradeview conveniently.