Tradeview

4
Tradeview is a mid and low-tier regulated broker that offers a wide range of trading platforms, low trading fees, multilingual customer support and various asset classes.
Trading Platform:
MT4/5, cTrader, Sterling Trader Pro / Sterling Web/Mobile, Lightspeed, Takion
Max Leverage:
1:400
Markets:
Forex, Futures, CFDs, Shares, ETFs
Regulations:
The Cayman Islands Monetary Authority (CIMA); the Labuan Financial Services Authority (FSA); the National Superintendence of Public Registries (SUNARP)
Min Deposit:
$100
Open an account Read full review

Summary

Tradeview is a group of international Forex brokers that offer a variety of trading platforms to meet the needs of different traders. The list includes most popular MetaTrader 4, MetaTrader 5, and cTrader. Furthermore, dedicated stock trading platforms are also available. The broker is regulated in 3 jurisdictions, such as Cayman Islands, Labuen, and Malta. 

Tradeview was established in 2004 with a goal to provide unmatched financial services globally. The broker has amassed more than 20,000 active trading accounts and provides these accounts with 24/7 live online support. 

If you are considering opening a live trading account with this broker, our honest review will help you make an informed decision. We’ll discuss all the important details such as trading fees, regulations and licenses, tradable instruments, customer support and more.

⚠ Risk Warning: CFDs are complex instruments and are usually traded with leverage, which significantly increases the chances of losing money. It’s your responsibility to understand the inner workings of CFD instruments and understand the underlying risks.

Overall

Pros
  • Offers wide range of trading platforms
  • Offers low trading fees
  • Offers professional customer support
  • The broker is regulated in 3 jurisdictions and is registered in Peru
Cons
  • Limited number of trading instruments is available
  • There’s an inactivity fee after 6 months of inactivity
  • The broker is not regulated by top-tier regulators

Fees

Pros
  • Offers both commission free and spread markup free payment options
  • Commissions are law, only $5 round turn per traded lot
  • There are no fees on deposits and withdrawals
Cons
  • There is an inactivity fee of 50 USD after 6 months of inactivity

Trading Instruments

Pros
  • Offers Forex pairs for trading
  • Offers shares
  • Offers Futures
  • Offers ETFs
Cons
  • Number of available instruments is very limited

Account Opening

Pros
  • Fast onboarding and fully digital
  • Customer-friendly and intuitive registration page
Cons
  • Doesn’t accept traders from the USA, and sanctioned countries

Deposit & Withdrawal

Pros
  • The broker doesn’t charge for deposits and withdrawals from its end
  • Enables deposits in multiple currencies
  • Various deposit and withdrawal options are available
  • Most deposit methods transfer funds within the same day
  • Crypto top-up available
Cons
  • Some intermediary banks may charge traders with commissions when using bank wire transfer method

Trading Platform

Pros
  • Offers popular trading platforms for Forex trading such as: MetaTrader 4, MetaTrader 5, and cTrader
  • Offers dedicated trading platforms for share trading, such as: Sterling Trader Pro, Lightspeed, Takion, and MetaTrader 5 (Multi-asset platform)
  • Supports mobile and web trading terminals
Cons
  • Unless you’re using MetaTrader 5 and to trade various asset classes simultaneously, such as shares and Forex, you will need to use 2 different platforms at the same time

Customer Service

Pros
  • Live chat, email, and phone call options are available
  • Customer support agents are professional
  • Multilingual customer service is provided
Cons
  • Traders often wait a couple of minutes for customer support agents to answer their live chat questions. Often there is a queue on the live chat

Research & Education

Pros
  • Offers trading guides
  • Provides news articles
  • Provides articles about stock/forex and CFD trading
Cons
  • Webinars and seminars aren’t available
  • There are no one-on-one training courses

Regulation & Safety

Pros
  • The broker is regulated in multiple jurisdictions, such as Cayman Islands, Labuan, and Malta. In addition, the broker is registered in Peru.
  • Tradeview implements a no-dealing desk, STP (Straight-through processing) - DMA (Direct Market Access) model, which increases safety and decreases human error.
  • Negative balance protection is provides
  • Accounts are held in segregated bank accounts
Cons
  • The regulators are not top-tier, and consequently the broker isn’t strictly regulated

Full Review

Pros
  • Low barriers to entry, traders can open live accounts from 100 USD.
  • Low commissions (2.5 USD per side per traded lot)
  • Offers accounts in multiple currencies - USD / EUR / GBP / JPY
  • Offers a range of trading platforms. Desktop/mobile/and web trading platforms are supported.
  • Multiple funding options are available
  • The broker is regulated
  • Hedging and scalping is allowed
  • The broker offers Corporate, Joint, and Individual accounts
  • The broker uses STP/ECN - DMA execution model
Cons
  • In order to open a low-spread account traders need to deposit 1000 USD or more.
  • Maximum available leverage is 400:1. Leverage is even lower for the Innovative Liquidity Connector account holders - up to 100:1.
  • Stock trading platforms with the only exception of MetaTrader 5, charge traders with high software fees.
  • Number of tradable instruments is low compared to market leaders
  • Regulators are not top-tier

Fees

When it comes to trading fees, they are generally categorized into trading and non-trading fees. Trading fees are commissions and spread markups. Non-trading fees are inactivity fees, account maintenance fees, etc. Let’s take a look at the Tradeview fees and compare them with industry leaders.

Assets Fee Level
CFDs on US Stock 0.5% – 1%
CFDs on EU Stocks 0.5% – 1%
EUR/USD 5 USD round turn commission per traded lot
Inactivity Fee 50 USD inactivity fee after 6 months of inactivity

Non-trading fees

Tradeview XM Axi
Account fee No No No
Inactivity fee Yes, $50 after 6 months of inactivity No No
Withdrawal fee $0 $0 $0

There are no platform or deposit and withdrawal fees when using Forex trading platforms. Now, let’s take a look at platform pricing when it comes to stock trading platforms. Stock trading platforms charge traders with software fees: 

Platforms Stocks Options Mobile Software fee Starting commission Leverage
Sterling Available Available Available $230 $.005 per Share Up to 6 to 1
Lightspeed Available Not available Available $230 $.005 per Share Up to 6 to 1
Metatrader 5 Available Not available Available Free $.01 per Share Up to 6 to 1
DAS Available Available Available $180 $.005 per Share Up to 6 to 1
Takion Available Available Not available $250 $.005 per Share Up to 6 to 1

Trading Instruments

Tradeview offers various instrument classes for trading. There are 24 currency pairs available, such as: EUR/USD, USD/JPY, GBP/USD, EUR/GBP, NZD/USD, and more.

Traders have also access to trading futures on natural gas, Crude Oil, USD Index, DJIA, FTSE100, and more. 

Furthermore, there are ETFs (Exchange Traded Funds), and equities available. There are 60 popular company shares available for trading, including: Ebay, Delta Airlines, Exxon Mobil, Google, IBM, Intel Corp, Microsoft, and more. 

Markets & Products General

Tradeview XM Axi
Stock 60 - -
ETF 80 - -
Forex 24 48 34
Fund - - -
Bond - - -
Options - - -
Futures 17 - -
Cfd - 122 51
Crypto - 5 3

Account Opening

Account opening process at Tradeview is fully digital and takes about 24-48 hours. Registration process is very fast, and traders can open live accounts in a matter of minutes, however, essential documents such as proof of identity and proof of residence need to be approved by the broker. 

As already mentioned, Tradeview is an international broker, however, there are certain countries that the broker doesn’t accept clients from. You cannot register with Tradeview if you are from the following countries: The United States of America, Balkans, Belarus, Burundi, Congo, Dem. Rep. of Congo, Crimea region of Ukraine, Cuba, Iran, Lebanon, Libya, North Korea, Russia, Ukraine, Somalia, South Sudan, Sudan, Syria, Venezuela, Yemen, Zimbabwe.

Minimum Deposit

The minimum initial deposit required to start trading is 100 USD. However, the 100 USD deposit can only help you open an “X Leverage Account” which is best for position trading.

In order to open an “Innovative Liquidity Connector” account, traders need to deposit over 1,000 USD. The account type is designed for active traders as there are spreads from 0 pips on this account. 

Account Types 

Tradeview offers a diverse range of account types tailored to accommodate various trading styles. Both active and passive investors can find the account types suitable for their needs. “Innovative Liquidity Connector” account type is best for intraday trading as there are no spread markups charged from the broker. And the “X Leverage Account” is best for swing and position trading as there are zero commissions on this account. Let’s learn more about the features and differences of these account types:

Trading Conditions Innovative Liquidity Connector

X Leverage

Account

Spread markups From 0 PIPS Competitive
Commissions round turn $5 Zero

Minimum Deposit US$

(Or Base Currency Equivalent)

$1,000 $100
Number of available trading instruments 100 100
Account base currency USD / EUR / GBP / JPY USD / EUR / GBP / JPY
Available leverage up to 100:1 400:1
Minimum Trade Size 0.1 lot 0.01 lot
5 Digit Trading Yes Yes
Hedging Yes Yes
Auto Trading Yes Yes
Scalping Yes Yes
Corporate Account Yes Yes
Joint Account Yes Yes
Individual Account Yes Yes

 

It should be mentioned that trading servers of Tradeview are located in London, Equinix LD4. There are no requotes. There’s no dealing desk and the broker is operating using STP/ECN (Electronic Communications Network) – DMA (Direct Market Access) execution model. 

STP, or Straight Through Processing, epitomizes a trading model that streamlines the flow of client orders by transmitting them directly to liquidity providers, predominantly banks or other financial institutions. This system operates with high efficiency, as human interventions are minimized, and the dealing desk is bypassed. 

The execution model Tradeview uses brings various benefits, such as: automated and swift execution, conflict-free operations, and competitive spreads. 

It’s important to note that these accounts are for trading Forex pairs. In case you are planning to trade stocks, only one, live account type is available for individuals. In addition, there are joint, and corporate accounts offered. In order to trade Forex and shares from the same trading platform, you need to use MetaTrader 5 (MT5). And in case you don’t use the MT5, you will need to operate using 2 accounts. 

Deposit & Withdrawal

Tradeview offers multiple deposit and withdrawal options to its customers. Traders can use the same methods for withdrawals as they use while depositing funds to their trading accounts. It’s important to note that deposits made using Credit Cards, and Alternative methods are transferred within the same day. And bank wire transfers may take 1-2 business days. Furthermore, while the broker doesn’t charge traders when using the bank wire method, traders may be charged by intermediary banks. 

In addition, please note that you can only use certain methods to deposit funds in certain currencies.

Transfer method Processing time Transferrable currencies
Banregio 1-2 business days USD, MXN

OpebPayd

BBVA Continental

1-2 business days USD, EUR, GBP
Fidelity 1-2 business days USD
Interbank 1-2 business days USD
Global E-trade company Same day USD, EUR, KRW, JPY
Credit card Same day EUR, EUD, GBP
Interac e-Transfer Same day CAD
Alternative methods Same day EUR, EUD, GBP
Bitwallet Same day EUR, USD, JPY
Neteller  Same day USD, CAD, EUR, JPY, ZAR, MXN
Skrill Same day USD, EUR, GBP, JPY
Uphold USD, JPY, EUR, GBP
Bitpay BTC, USD
South American Methods Same day USD
SticPay Same day USD, GBP, AUD, CAD, EUR, JPY, CNY
FasaPay Same day USD, IDR
TransferMate Same day USD, GBP, AUD, CAD, EUR, JPY, CHF, MXN, CNY
PayTrust88 Same day VND, THB, MYR, IDR
Konnectivity Same day USD, KRW

Deposit options

Tradeview XM Axi
Bank transfer Yes Yes Yes
Credit/Debit card Yes Yes Yes
Electronic wallets Yes Yes Yes

Platform & Trading Experience

Tradeview offers a wide range of trading platforms. For traders that aim to trade currency pairs, a full set of the most popular MetaTrader platforms is available. In addition, Forex traders can pick one of the best looking trading platforms: cTrader. 

In case you are planning to trade shares, and futures, you can use MetaTrader 5, or exclusive trading platforms, such as: Sterling, Takion, Lightspeed, and Das.

Platforms for trading Forex and CFDs

Tradeview offers MetaTrader 4, and cTrader for trading currency pairs and CFDs (Contracts for Difference), MetaTrader 5 is a multi-asset platform and can be used for trading stocks, bonds, futures, currencies, cryptos, commodities, and indices. If you plan to trade Forex, you can pick on of the following platforms:

MetaTrader 4 (MT4)

MT4 is the most popular Forex trading platform. The software was released in 2005, and became super popular right away. As a result, there is the largest pool of custom made trading robots, and indicators available for this platform. The key features of MT4 include: 

  • User-friendly interface with advanced charting tools.
  • Automated trading capabilities using MQL4 programming language
  • Extensive technical analysis tools
  • Various timeframes

On the downside, MT4 looks like software from the past century. The platform hasn’t experienced a major upgrade since it was resealed. 

MetaTrader 5 (MT5)

MT5 was released in 2010, and offers many improved features from the MT4. MT5 enables traders to access various asset classes and use MQL5 for building trading robots. MT5 has improved timeframes, backtesting tools, and charting tools. In addition, the software comes with a built-in economic calendar and offers DoM (Depth of Market). The DoM helps traders analyze important information such as bid and ask prices. 

cTrader

cTrader was developed by Spotware in 2010. The platform is known for its intuitive interface and rapid order execution. cTrader has had multiple upgrades since it was resealed, and consequently, offers super user friendly interface and slick design. In addition, traders have access to level II pricing that improves technical analysis. cTrader also supports algorithmic trading. Traders can use simpler programming language #C to build trading robots.

Platforms for share trading

Sterling Trader Pro / Sterling Web/Mobile

Sterling Trader Pro stands out as the preeminent professional trading platform widely embraced across the industry. Renowned for its unparalleled performance and comprehensive functionality, this platform equips traders with the essential tools needed to effectively navigate and compete in today’s dynamic financial markets. The platform is available for desktop, mobile and web trading. Sterling’s Web trading platform offers sophisticated charting tools, quote management systems, DoM (Depth of Market) capabilities, and full equity and options trading support. The mobile app is available for both iOS and Android users and it enables traders to keep in touch with the markets from anywhere in the world.

Lightspeed

Lightspeed trading platform was designed for speed, stability, and swift executions. Tailored specifically for active, professional, and institutional traders, the trading system caters to those who require meticulously curated market data and optimal performance.

Takion

Takion, a leading trading platform, distinguishes itself with cutting-edge technology, employing advanced code and algorithmic smart order routing for efficient and high-performance trading tools. Providing real-time market data, the platform empowers traders with up-to-the-minute information for informed decision-making. Takion stands out with customization options, allowing users to tailor the platform to their specific trading preferences and strategies. Key to its appeal is the inclusion of smart order routing, intelligently optimizing order execution based on factors like price, liquidity, and speed. 

MetaTrader 5

As already mentioned, MetaTrader 5 is a multi-asset trading platform that is used for trading not only CFDs, Forex, commodities, and indices, but also for shares, futures, and bonds.

Customer Service

Tradeview is an international broker and serves clients from its global offices located in London, New York, Cayman Islands, Peru, Bogota, and labuan.  

The broker provides multilingual customer support available in English, Spanish, Chinese, Arabian, Japanese, Russian, French, Korean, Indian, and Portuguese. Clients of Tradeview can reach the broker via live chat, send an email, or give the broker a call. On the downside, it should be mentioned that customer support agents aren’t always able to answer questions fast and traders often wait a couple of minutes in the line. 

Research & Education

Quality education is essential for successful trading. Traders need to create trading systems that give them an edge. In addition, it is crucial to properly manage risks, and emotions. And be able to conduct market analysis. To make money, all those aspects need to work simultaneously. Even if one puzzle piece fails, trading results can become unsatisfactory. 

To aid its customers, Tradeview offers its educational site called Surf’s up. The Surf’s up page is filled with articles related to Forex trading, Stock trading, and CFDs. In addition, there are news articles, educational guides and market analysis articles. On the downside, there are no webinars or seminars available. Furthermore, there are no masterclasses and personal training offered. 

Regulation & Safety

Finding a regulated broker is essential for traders to feel safe. Broker’s reputation among other traders and level of regulations can tell traders whether the broker is trustworthy or not. 

Tradeview is a group of regulated brokers that operate globally. Under the Tradeview name, there are 4 broker branches registered.

  • Tradeview Ltd.: is licensed to carry on securities investment business. The branch is regulated by the Cayman Islands Monetary Authority (CIMA) with the license number: 585163. 
  • Tradeview Asia Ltd.: is licensed and regulated by the Labuan Financial Services Authority (FSA) with the registration number: LL15870. 
  • Tradeview Europe Ltd.: is regulated by the Malta Financial Services Authority (MFSA). 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). 
  • Tradeview Financial Markets S.A.C Global: is registered with the National Superintendence of Public Registries (SUNARP), company number 13089531.

Final Thoughts

To sum everything up, Tradeview is a regulated broker by mid and low-tier regulatory bodies. The broker offers a wide range of trading platforms, low trading fees, multilingual customer support and various asset classes. Traders can access up to 400:1 leverage. And the minimum initial deposit is 100 USD. On the downside, the number of available instruments is limited, and educational material offered doesn’t include webinars and seminars. Overall, Tradeview is a good broker.

Brief Overview

🏛 Country of regulation Cayman Islands, Labuen, Malta
💸 Trading fees class Low
💸 Inactivity fee charged $50 after 6 months of inactivity
💸 Withdrawal fee amount $0
💸 Minimum deposit $100
⏰ Time to open an account 24-48 Hours
💳 Deposit with credit card Yes
👛 Depositing with electronic wallet Yes
🎮 Demo account provided Yes
📊 Products offered Currency pairs, Futures, CFDs, Shares, ETFs

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