Can I trade on TradingView without a broker?
Do I need a broker for TradingView? Yes, you'll need a broker that supports TradingView integration if you want the ability to execute trades, track your orders, and/or manage your positions from within the TradingView platform.
When you open your TradingView execution platform, you see the Buy/Sell buttons directly on your chart (1). In the middle of the field, you see the spread for the market. On the right, you can adjust the contracts. By clicking on either the Buy or Sell button, the order execution window opens up.
The short answer is no; you don't need a broker. You do, however, require a brokerage to access financial instruments like stocks, bonds, exchange-traded funds (ETFs), etc.
One of the key features of TradingView is the ability to trade directly from its charts, by connecting TradingView with your brokerage account. The good news is that this feature is free, so you don't need to sign up for a paid plan just because you want to use TradingView to trade through brokers.
In fact, Dhan is the only broker in India that allows you to place orders from the Trading Panel on TradingView. Follows the steps below to get started: - Open a Dhan Demat Account. - Sign up to TradingView.
That said, if you are only using TradingView to conduct technical analysis, use charts, and/or discover trading ideas from the TradingView community, then you won't necessarily need the platform to be connected to a broker.
2. You'll Need To Have 2 Platforms At All Times. TradingView by itself isn't a trading platform through which you can place trades. While it is true that TradingView associated with some brokers like Oanda and FXCM, in most cases you won't be able to enter your trades from the charting platform itself.
The only costs are the optional paid subscription plans. You can use all of TradingView's powerful charting, analysis and community features for free with no balance requirements. Paid plans simply unlock additional functionality.
A trader must have a working trading strategy that has proven itself well on a demo account and on a real account; Comply with risk management rules; Provide a deposit amount of $200-$400. Subject to these conditions, you can “softly” disperse the deposit.
Free | Premium | |
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Cost (monthly) | $0 | $49.95 |
Charts per layout | 1 | 8 |
Indicators per chart | 2 | 25 |
Price alerts | 5 | 400 |
Which broker is best to trade on TradingView?
Interactive Brokers - best broker for TradingView in 2024.
Extremely low fees. Wide range of products. Many great research tools. Ally Invest - Low trading and non-trading fees.
You can get TradingView pro features for free if you sign up in Fyers broker. The Fyers trading panel is almost the copy-paste of the TradingView with all the premium features.
TradingView's Basic plan, which is free, offers all the essential features like charting, various market data, and access to numerous indicators. The free plan also includes paper trading capabilities, allowing futures traders to test strategies without financial risk.
If you are a winning trader the broker will hedge your positions into the market and only make the spread. If you are a losing trader most brokers take the other side of your trades and keep them on their internal book.
Bottom Line. Having an investment broker is a crucial part of investing. You'll need one to make your trades within the stock market. If you're new to investing, you might want to start with a full-service broker who can more directly manage your investments.
Yes, you can buy/sell stock from/to a friend, relative or acquaintance without going through a broker. Call the company, talk to their investor relations person, and ask who the Transfer Agent for the stock is.
For active traders, TradingView premium can certainly be worth it. The key premium features like advanced alerts, more indicators, backtesting, enhanced analytics, and screeners give you an information edge in analyzing the markets and executing trades.
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.
We've introduced three most comprehensive packages (Expert, Elite and Ultimate) designed specifically for professional (commercial) users.
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.
Which trading platform is better than TradingView?
The best overall TradingView alternative is eToro. Other similar apps like TradingView are MetaTrader 5, Binance Broker, E*Trade Web Platform, and Kite. TradingView alternatives can be found in Financial Analytics Software but may also be in Brokerage Trading Platforms or Investor Relationship Management Software.
TradingView is not a broker so they don't charge you any commission, but there might be a extra fee for the broker to connect to TV and this is probably just added to your commission.
- Have or create a PayPal account.
- Hold tight for a direct message (DM) from TradingView's official account.
- Reply with your PayPal account email and your first and last name.
- Wait for the payment to be processed.
- Enjoy the reward.
Company type | Private |
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Industry | Analytical platform and social network for traders |
Founded | 2011 |
Founder | Konstantin Ivanov, Denis Globa and Stan Bokov |
Headquarters | New York, United States |
Tradingview supports integration with dozens of brokers globally across stocks, options, forex and crypto. Popular US stock brokers like Etrade, Interactive Brokers and TD Ameritrade are supported. For forex, brokers such as Oanda, FXCM and IG Markets allow you to trade currency pairs directly on Tradingview.