Tradingview Review: Is the platform worth the Hype?

Are you considering TradingView? After years of using the platform and investing hundreds of hours testing every feature, this review is here to help you decide if it’s the right fit for you.

TradingView combines powerful charting, news, and a strong community, making it invaluable for staying on top of the markets. 

In this TradingView review, I’ll break down:

  • The platform’s pros and cons
  • My subscription plan and why I use it
  • How TradingView stacks up against competitors

Let’s dive in and see if it’s worth your time (and money).

Disclaimer

Trading carries significant risks, including the potential loss of your initial capital or more. Most traders lose money, and trading is not a guaranteed path to wealth. Products like FOREX and CFDs are complex and involve leverage, which can magnify gains and losses. CFD trading is banned in many countries, including the United States.

Our take on TradingView

TradingView: Combining Community Insights with Powerful Trading Tools

TradingView is accessible on the web, desktop, and mobile and offers a range of free and paid plans. Pricing starts at $150 per year and can reach up to $6,000 annually, depending on your needs. Even the free plan includes basic broker integrations, but upgrading unlocks premium perks like more alerts, advanced charting options, and faster real-time data.

About TradingView:

Founded in 2011 by Stan Bokov, Denis Globa, and Constantin Ivanov, Tradingview began with the goal of creating a powerful, accessible charting platform for traders and investors worldwide. With over a decade of operation, it has grown into one of the most popular financial platforms, serving more than 60 million users globally.

Pros
Decent free tier for casual users or those just starting out
Strong community with idea-sharing and social features.
Customizable alerts across devices.
User-friendly and intuitive interface.
Cons
Paper Trading comes with ads and limited features
Many essential features are locked behind paid subscriptions.
Steep learning curve for advanced features.
Constant trading ideas may play on your fear of missing out.
Charting and Analysis Tools
95 %
Market Data and Research
85 %
User Experience and Accessibility
80 %
Pricing and Value
70 %

More than a charting tool; Tradingview as become a social platform where traders can share strategies, connect, and collaborate.

TradingView Discount

If you join TradingView through any of the links in this article, you’ll get an instant $15 credit discount—automatically applied to whichever plan you pick.

Keep in mind that TradingView often runs special discounts during Black Friday, making it a great time to upgrade your current yearly plan or start a new one.

Fast facts
Five subscription tiers ranging from $155.40 to $599.40 annually
Over 60 million users worldwide; multi-asset coverage
Advanced, highly customizable charting tools with over 100 indicators
Custom indicator and strategy creation via Pine Script
Realistic market simulation for strategy testing
Real-time data is available but delayed in lower-tier plans
Highly collaborative community; no copy trading available
NewTrading’s rating: 82.50

Who is TradingView for?

TradingView works for everyone—from beginners testing the waters to experienced traders who need in-depth analysis. It provides a powerful set of charting features, a huge library of indicators, and the ability to code custom strategies using Pine Script, its own coding language. 

Plus, its cross-platform support means you can switch between web, desktop, and mobile seamlessly. However, key features like strategy backtesting are only fully available on the web version, which may limit traders who rely more on other devices.

One of the platform’s standout features is its social community, where traders share strategies, comment on trade ideas, and connect with each other. 

While this can be great for collaboration, it’s also a potential pitfall for beginners—constant exposure to other people’s trades can lead to FOMO (Fear of Missing Out), making it harder to stick to a plan.

TradingView Idea stream
Source:Tradingview.com

For advanced traders, TradingView shines through its powerful backtesting, deep market screening capabilities, and ability to run sophisticated analysis across multiple assets. The extensive Pine Script library offers over 100,000 community-built indicators, making it ideal for experienced users seeking advanced technical analysis and automated strategies.

TradingView Deep Backtesting
Source:Tradingview.com

For multi-asset traders, TradingView supports everything from stocks and ETFs to cryptocurrencies and forex, making it easy to track various markets in one place. 

While advanced backtesting and other premium features are locked behind higher-tier subscriptions, real-time data is available on any paid plan through separate add-ons.

This means you don’t have to upgrade your plan just to access real-time quotes—simply purchase the data you need based on the specific exchanges you trade. Pricing varies, so check their data coverage for details.

TradingView data coverage

Overall, the platform is best suited for traders with some experience who want to take their analysis to the next level. Casual traders or those with a limited budget might find better value in more streamlined platforms.

Noteworthy

Creating code in Pine Script ties you to TradingView, as it’s a proprietary language. This means any scripts you build can’t be transferred to platforms like MetaTrader or ProRealTime—making it harder to switch later if you want to explore other platforms.

TradingView: a Quick Overview

Fees and Pricing
Essential – $155.40/year
Plus – $299.40/year
Premium – $599.40/year
Expert – $2,399.40/year
Ultimate – $5,999.40/year
Platform TypesDesktop, Web & mobile are available
Ease of UseComprehensive, advanced platform; challenging for beginners.
Trading Tools & ResourcesAdvanced charting, technical indicators, strategy automation, and a large global community.
Paper TradingPaper trading and demo accounts are available on free accounts with ads.
Customer SupportRelatively responsive customer support however support is tiered, with faster responses for premium users.
Community & Social FeaturesIdea sharing, integrated chat, community insights, no copy trading functionality.
User Ratings & Feedback1.9 on Trustpilot from 803 reviews

Breaking Down TradingView Plans and Subscriptions Costs

TradingView offers two main categories: Non-Professional and Professional plans, each tailored to different trading needs.

Basic Plan (Free):

The Basic plan is a starting point, offering features, including:

  • 2 indicators per chart
  • 5 price alerts
  • 1 technical alert

This plan works for beginners exploring the platform or for those who just want to monitor the markets and read news. 

However, if you intend to use it for day trading, expect frequent pop-ups urging you to upgrade, even for basic features. Plus, let’s be honest, dealing with ads while analyzing charts can be frustrating.

Non-Professional Paid Plans (30-day free trial available):

The Essential, Plus, and Premium tiers offer progressively enhanced access to more tools and features.

PlanCharts per LayoutIndicators per ChartAlertsStandout Features vs LOWER PLANAnnual Cost
Essential2520No Ads$155.40
Plus410100Multi-monitor support, advanced chart types$299.40
Premium
(the one I use)
825400Second-based charting, backtesting, priority support, more tools$599.40

I use the Premium Plan because it’s ideal for retail traders who need more precise data and advanced tools. The standout feature here is the second-based intervals, which track price movements down to the second. 

Why does this matter? With this kind of precision, you can catch micro-shifts in the market that typical minute-based charts miss—perfect if you’re day trading or scalping during high volatility.

Another big win for the Premium Plan is backtesting. This tool lets you test your trading strategies on historical data before risking real money. That’s something the lower-tier plans don’t offer, making the Premium Plan essential if you’re serious about refining your strategy.

You also get alerts that never expire, so you won’t miss key levels, even if you’re not glued to your screen. Combine that with automated chart pattern recognition that flags important setups, and you have a complete package to take your trading to the next level.

Professional Plans:

On the professional front, there are the Expert and the Ultimate plans that offer advanced charting tools, including custom layouts, tick-based intervals, and 21 chart types for various technical analysis approaches. 

Users gain access to over 400 indicators, strategy backtesting, and candlestick pattern recognition. The plans also provide real-time alerts, watchlists, market screeners, and Depth of Market (DOM) trading. Additional benefits include social sharing features, paper trading, and multi-monitor support, making them ideal for traders requiring high flexibility and precision.

Here’s a quick recap:


Non-Professional Plans

Professional Plans
BasicEssentialPlusPremiumExpertUltimate
Paper TradingFree with Ads
Annual Subscription$155.40$299.40$599.40$2,399.40$5,999.40
Indicators2510253050
Price Alerts5201004006001000
Technical Alerts 1201004006001000
Data is accurate as of September 2024. Please check TradingView’s website for the latest updates on plans and features, as pricing and offerings may change.

Higher-tier plans like Plus, Premium, Expert, and Ultimate provide progressively more features, such as up to 50 indicators, 1000 price and technical alerts, and advanced tools like paper trading without Ads. 

The paid plans from the Plus tier also offer more powerful charting options tailored to professional traders. These include the ability to export chart data, intraday non-traditional charts such as the Renko, as well as Point & Figure, and even charts based on custom formulas.

Comparing TradingView with Competitors

Here’s a quick look at how TradingView stacks up against other trading platforms. 

TradingViewProRealTimeTrendSpiderMTA4
Paper TradingFree with Ads100% FreeDemo if you contact themFree
Pricing $29.95/month
(Plus version)
$29/month
(Complete)
53.50
(Standard)
Free
Technical Indicators10 indicators per chartUnlimitedUnlimitedUnlimited
Price alerts100Unlimited30Unlimited
Free Plan AvailableYes with adsYes, 100% freeNoYes
Trustpilot Score1.9/5 of
794 reviews
4.8/5 of
736 reviews
4.3/5 of
122 reviews 
1.5/5
of 113 reviews
Real-time DataPrice detailsPrice detailsPrice detailsBroker dependent
Automated TradingYesYesYesYes

This comparison covers pricing, features, and key tools like automated trading and real-time data. For an in-depth breakdown, check out our full TradingView Alternatives guide.

Tradingview Charting and Analysis Tools

TradingView gives you access to 21 customizable chart types. You’ll find unique options like Renko, Kagi, and Point & Figure, perfect for analyzing market trends with different techniques.

These charts get even better with 400+ pre-built indicators and a solid lineup of drawing tools, including trend lines, Fibonacci retracements, and more.

Source:Tradingview.com

Features like Pine Script enable traders to create custom indicators and automate strategies, offering a deeper level of technical analysis and backtesting. 

Source:Tradingview.com

Compared to other platforms, TradingView’s charting tools are top-tier, offering flexibility and customization that meets or exceeds industry standards. 

This makes it a solid choice for beginners and pros who want to build tailored analysis setups by visualizing market conditions more clearly and responding to price movements with greater accuracy.

Tradingview Market Data and Research

Tradingview provides an expansive range of market data, covering a variety of assets such as stocks, bonds, options, ETFs, forex, and cryptocurrencies, sourced from over 150+ exchanges worldwide from 50+ countries. 

Its data is real-time or near real-time, ensuring traders have timely and accurate information for making decisions. 

Source:Tradingview.com

Key research tools include advanced stock screeners, economic and earnings calendars, and comprehensive market news, all of which help traders track both macro and micro trends. 

Source:Tradingview.com

Integration with leading news sources and analysis providers further enhances the platform’s research capabilities.

By combining technical analysis tools with immediate access to financial news and macroeconomic trends, traders can make data-driven decisions with a holistic understanding of market conditions.

Source:Tradingview.com

TradingView User Experience and Accessibility

TradingView’s interface is built with simplicity in mind, featuring a modern design that’s easy to navigate. 

Source:Tradingview.com

From the moment you log in, you’re greeted by a clean, clutter-free layout. Newbies will appreciate the intuitive menu and straightforward tools, while advanced users can dive deep into customization options for a tailored experience.

Source:Tradingview.com

Basic features like adding indicators, adjusting timeframes, and creating watchlists are straightforward. But for traders who like to tinker, TradingView’s flexibility really shines. You can save multiple chart layouts, tweak color schemes, and even create custom alerts to fit your trading strategy.

TradingView doesn’t lock you into one device. You get the same experience on a browser, desktop app, or mobile device. 

The mobile app is no afterthought either—it’s packed with features to analyze markets on the go. Everything syncs seamlessly, letting you pick up where you left off, no matter the device.

TradingView’s layout customization is a major win. 

Want to stack multiple charts, add news feeds, or create a side panel for watchlists? You can do all that and more—but keep in mind, it’s limited to one chart if you’re on the free plan.

The ability to build and save custom layouts lets traders streamline their workflow. The community features are another big plus—check out trading ideas, scripts, and analysis shared by other traders, adding a social aspect that most other platforms lack.

Just be careful not to fall into the FOMO (fear of missing out) trap, which can push you into impulsive trades.

Tradingview Paper Trading Platform

TradingView’s paper trading feature gives you a realistic feel of live trading without risking a single dollar. It mirrors real-world pricing for a wide range of assets, like stocks, forex, and crypto, so you can test strategies in real-time conditions.

You can place market, limit, and stop orders, track your performance, and fine-tune strategies based on real market data. Plus, TradingView’s powerful charting tools and Pine Script integration let you automate strategies and test custom indicators—taking your practice to the next level.

However, keep in mind that Pine Script, while accessible on the free plan, has limitations. You can still build and view basic scripts, but some advanced features, like applying multiple custom indicators simultaneously, require a paid plan.

Also, the free plan restricts users to a maximum of two indicators per chart and only one saved layout, which can feel limiting for traders who need more complex setups. Frequent upgrade prompts can add to the frustration.

It’s still a solid option for beginners testing the waters and pros refining their techniques before going live. If you want a full breakdown of its features, check out our TradingView Paper Trading Guide, or see how it compares to other platforms in our Best Paper Trading Platforms in 2024 guide.

Is Tradingview Legit? 

Yes, TradingView is a legitimate platform that has gained the trust of over 60 million users worldwide. Founded in the US with offices in London and other financial hubs, it’s well-regarded for its advanced charting tools and market analysis capabilities, making it a popular choice among both professional and retail traders.

The trading platform does not directly provide brokerage services or financial advice, which limits its need for direct financial regulatory oversight in many jurisdictions. However, it maintains high compliance standards by partnering with regulated brokers who facilitate trades through the platform. 

Tradingview implements strong cybersecurity measures, including encryption protocols and two-factor authentication (2FA), to safeguard user accounts and data.

The company adheres to international data privacy laws such as GDPR for European users and ensures that its partners comply with relevant financial regulations, such as the Financial Conduct Authority (FCA) in the UK and other local regulators depending on the region. 

Despite its security framework, complaints from users tend to focus more on customer support responsiveness and occasional issues with features like auto-renewals or platform behavior discrepancies across devices rather than security concerns​. 

Tradingview “Customer Reviews” 

TradingView currently has a Trustpilot rating of 1.9 out of 5, based on 794 reviews, which is categorized as “Poor.” Approximately 50% of users gave it a 1-star rating, while 28% rated it 5 stars. The reviews suggest a wide disparity in user experiences, with many expressing dissatisfaction. 

One caveat is that most of the reviews are unverified. There are only 3 verified reviews.

Of the three:

I have a Premium subscription to see stock charts and indicators. It helps me to know when to buy and sell stocks” – Jim Hamby

Tried their 30 day free trial. Now after 5 days it got cancelled by then, I didn’t. No support or help to contact. Very bad customer service for people thinking of going pro. I’ll find another platform” – Marco

In my view, Tradingview is an incredibly versatile platform, offering a wide range of charting tools, data, and customization options, making it ideal for both retail and professional traders. However, as the platform has evolved, its pricing has become more tailored toward professional traders, making it increasingly expensive for casual users.

Final Words

Tradingview is an incredibly versatile and powerful platform that offers advanced charting, real-time market data, and a wide range of analytical tools for traders of all levels. 

Its paper trading feature, vast asset coverage, and customizable technical analysis tools make it ideal for refining strategies. However, the learning curve and higher subscription costs may be challenging for beginners or casual traders. 

Ultimately, TradingView provides a comprehensive and professional-grade environment, especially for those looking to leverage its full capabilities for informed and precise trading decisions.If you’re exploring other options, check out our TradingView Alternatives article to see how it stacks up against other top platforms.

author
Othmane Bennis

Othmane holds a Master's in Financial Analysis and has passed the Level 1 of the CFA Program. He brings several years of experience in reviewing and editing finance-related content.

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