What is TradingView in Forex?

Guys, please what is the "TradingView" platform all about , how does it work and how is it different from MetaTrader & cTrader?

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@yokoyi - 5 months ago

TradingView is a third-party online trading software used for trading different instruments like forex, stocks, etc. I say it is third-party because just like MetaTrader & cTrader, TradingView is not owned by any particular broker.

Any broker can approach TradingView and reach an agreement with them to allow their customers to connect to the platform and carry out their trades, We can say the brokers are "renting" the TradingView platform.

TradingView is superior to other competing trading software because it has more tools especially when it comes to charting.

Not every broker offers the TradingView platform to their clients but you can always test the TradingView demo account for free as it doesn't require you connecting through a broker.

For me, I am able to connect to TradingView and trade live through my broker - Trade Nation, but several other brokers also offer TradingView.

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@melody_nk - 5 months ago

Tradingview is just a platform for trading forex but it is well known for having superior charting technology and being more beginner friendly than your regular metatrader.

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@randolf_mercer - 5 months ago

TradingView is a fast & lightweight trading platform with modern features such as the ability to set the time to your local time zone, lots of timeframes, its easy to set sound alert notifications, easy to set/manage stop loss etc.