Is Thinkorswim or TradingView better? (2024)

Is Thinkorswim or TradingView better?

TradingView is better for crypto trading. It has specific tools for crypto like Renko charts, crypto screener, and charting for thousands of crypto pairs. Thinkorswim mainly focuses on stocks, options and futures.

Is there a better platform than TradingView?

TrendSpider offers an advanced, ad-free experience that stands out from TradingView and other competing products.

Do professional traders use TradingView?

Professional traders visit forums like TradingView. They use these online spaces to talk about trading strategies, share ideas, and learn from others. On these platforms, traders of all levels, including experts, come together to chat and learn.

Is TradingView the best for trading?

TradingView is the best charting platform on the market. It's fast, powerful, reliable, and extremely easy to use. That's why it's used by more than 50 million traders worldwide. If you're an active trader and are serious about your trading, you should try TradingView Essential or Plus.

Is thinkorswim a good trading platform?

With so many trading platforms available today, it can be tough to decide which one is right for your needs. thinkorswim consistently ranks as a top choice for active traders thanks to its powerful tools, charting capabilities, and order execution.

Who is TradingView's biggest competitor?

Top 10 TradingView competitors
  • Aurox.
  • Atom Finance.
  • TipRanks.
  • Nelogica.
  • altFINS.
  • Darqube.
  • Equeum.
  • Investing.com.

Which broker works best with TradingView?

Best Forex Brokers for TradingView
  • Saxo - Best web-based trading platform.
  • Interactive Brokers - Great overall, best for professionals.
  • FOREX.com - Excellent all-round offering.
  • City Index - Excellent all-round offering.
  • FXCM - Excellent trading platforms and tools.
  • Capital.com - Great for beginners, easy to use.
Mar 19, 2024

What are the disadvantages of TradingView?

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.

Which platform do professional traders use?

IC Markets' clients have access to a good range of professional platforms – MT4, MT5, and the cTrader platforms. All of these provide excellent charting tools and indicators and can run algorithmic trading strategies 24/7 using the IC Markets VPS service.

What is the best trading chart website?

The best free stock charts are on TradingView. Other free charting websites include StockCharts.com, FINVIZ, Stock Rover and Yahoo Finance. Traders can also open an account at many U.S. brokers for free and chart stocks, even with a zero balance.

How much should I pay for TradingView?

Free - Limited features but provides core charting and analysis tools. Pro - $14.95/month or $155.40/year. Upgrade for more indicators, alerts and customization. Pro+ - $29.95/month or $299.40/year.

Can you really make money from TradingView?

Earn with TradingView

Become an affiliate partner and make cash by promoting a product your followers will love. The biggest website in the world when it comes to all things investing. We are global and support 20 languages worldwide. We've paid out over $10 million to our partners and that's growing.

Can I day trade with TradingView?

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.

Is thinkorswim good for beginners?

Is ThinkorSwim Good for Beginner Traders? T.D. Ameritrade's thinkorswim (TOS) platform is not just a good platform; we think it's great. It's one of the most popular trading platforms on the market and allows you to trade stocks, options, penny stocks, and futures. It's good for beginners and advanced traders.

What is the downside to TD Ameritrade?

Drawbacks include a lack of fractional shares and international trading; TD Ameritrade customers can only trade U.S. and Canadian-listed securities. Cryptocurrency: Cryptocurrencies such as Bitcoin, Ethereum, and Dogecoin are not available to trade at TD Ameritrade.

How many traders use thinkorswim?

Who uses thinkorswim? TD Ameritrade has 11 million client accounts with over $1 trillion in assets.

How to get TradingView Pro for free?

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. If you are in Forex, you can sign up on FXCM and ask them for the premium features. There you will get 1-year premium for free.

Is TradingView free?

The good news is you can use TradingView for free. In our opinion, this is a user-friendly option for beginners, but if you plan to be an active trader (or just hate ads), it is worth upgrading to a paid plan. I am an active trader with a lot of firsthand experience about TradingView.

Are there any free and reliable alternatives for TradingView?

Finviz is the best free charting software alternative to TradingView.

Which broker gives TradingView free?

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.

Why is TradingView so popular?

As you've learnt, traders choose TradingView for its powerful charting capabilities, vast array of analysis tools, and the ability to connect with a vibrant trading community. It provides them with the necessary resources and insights to make informed trading decisions.

Why do traders use TradingView?

TradingView provides up-to-the-minute market data, ensuring traders can access the most current information, including price quotes, volume, and indicators. This real-time data empowers traders to respond promptly to market movements, maximizing their profit potential.

What is the minimum deposit for TradingView?

What is the minimum deposit? There is no minimum deposit required to create a TradingView account. Is TradingView suitable for beginner traders?

Which broker do most traders use?

Best brokers for day trading
  • Interactive Brokers.
  • E*TRADE.
  • Fidelity.
  • Webull.
  • Robinhood.
  • TradeStation.

What is the most profitable trading platform?

Best Online Brokerage Accounts and Trading Platforms of 2024
  • Best Overall: Fidelity.
  • Best for Low Costs: Fidelity.
  • Best for Beginners: Charles Schwab.
  • Best for Advanced Traders: Interactive Brokers.
  • Best for ETFs: Fidelity.
  • Best for Options Trading: tastytrade.
  • Best for International Trading: Interactive Brokers.

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