TradeviewForex Review
Overview
Company Information TradeView Markets isn’t one of the biggest names from the industry, but it’s still a decent choice for retail traders. The company was initially started in 2004 by… more
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| Broker | TradeviewForex |
|---|---|
| Website URL | https://www.tradeviewforex.com/ |
| Founded | 2004 |
| Headquarters | Camana Bay, Cayman Islands |
| Support Number | +1 514 613 0479 |
| Support Email | operations@tradeviewforex.com |
| Support Types | Phone, Live Chat, E-mail |
| Languages | English, Spanish, Chinese, Russian, Japanese, Italian, Arabic |
| Minimum Trade Amount | 0.01 lots |
| Maximum Trade Amount | 100 lots |
| Free Demo Account |  |
| Regulated | |
| Regulation | Cayman Islands Monetary Authority (CIMA) |
| Account Types | Innovative, X Leverage, Islamic |
| Deposit Methods | Bank Wire, Credit Card, Neteller, Skrill, Uphold |
| Withdrawal Methods | Bank Wire, Credit Card, Neteller, Skrill, Uphold |
| Types of Assets | Forex, Futures, Stocks, Options |
| Account Currency | USD, EUR. GBP, JPY |
| US Traders Allowed |  |
| Mobile Trading | |
| Tablet Trading | |
Full Review
Company Information
TradeView Markets isn’t one of the biggest names from the industry, but it’s still a decent choice for retail traders. The company was initially started in 2004 by professionals in the branch. TradeView Markets is registered as a fully operational Broker/Dealer under the supervision of the Cayman Island Monetary Authority. The company behind the brand is just called Traderview LTD., and it’s exclusively regulated by CIMA (Cayman Islands Monetary Authority). The license number of the registration is #585163. But let’s learn more about this online broker. Over the years, the firm managed to enhance its trading system and provide top technological support for its clients. Nowadays, TradeView Markets has vital statistics to show: over 20 000 trading accounts, 100 white labels and 1500 IB’s on a global scale. Apart from the headquarters located in Grand Cayman, KY1-1108, 94 Solaris Avenue. Suite 1348 Camana Bay, Cayman Islands, the online provider of financial instruments has eight offices in different locations worldwide, such as the UK, USA, China, Peru, and Colombia. Unfortunately for the beginners, there is no educational section on the website, as well as any news or analysis materials.
Trading Information
TradeView Markets offers good trading conditions for its customers, but the financial instruments available are limited to 14 major FX pairs and 11 exotic ones. Clients can also trade with Gold, Silver and Crude Oil. Spreads are relatively tight and variable on most of the products. For example, EUR/USD employs a general spread of 0.9 pips. The minimum lot size is 0.01. Both margin call and stop-out levels are set to 100%. The highest possible leverage on all the financial instruments is 1:400. There are no trading restrictions, which means that customers can freely use scalping techniques, hedging and EAs (Expert Advisors). The online broker provides two different account types: Innovative Liquidity Connector and X Leverage Account. X Leverage profile is the main ones associated with the trading options mentioned above. On the other hand, the Innovative Liquidity Connector employs a different scheme with near zero spreads and fixed commissions of $2.50 on every trade. The maximum leverage on this account is 1:100. Accounts can be also classified as Corporate, Trust or Individual / Joint depending on the situation.
Trading Platforms
The trading platforms of TradeView Markets are quite diverse. Of course, there is a MetaTrader 4 available for the hardcore traders who prefer a professional solution for their day-to-day trading activities. A version of MT4 can be downloaded for mobile devices with Android or iOS. The online broker also offers extensive guidance on how to activate an automated trading system on the MetaTrader platform. As alternative software, clients can choose from cTrader and Currenex. Both trading platforms are very similar to the MetaQuotes’ trading solution with various charting tools, indicators, and additional gadgets. TradeView Markets also provides MAM software based on MetaTrader 4. The broker’s platform has a detailed manual for account managers and quick setup guide. Social trading is also available, and it’s represented by two different applications – My FXBook and Trade Copier. They employ a similar scheme of copy trading, where the client only replicates the orders of successful traders in the platform. One of the great extensions provided by TradeView Markets is the Risk Management plugin, which can be easily connected with MT4 to create “rules” on a particular account. The rules are mostly associated with max trade size, hours, products and daily draw-down.
Security and Customer Service
The Cayman broker is fully transparent when it comes to client’s funds and security. All the cash deposited and earned by customers is held in segregated accounts with a top performing bank – Wells Fargo UK. As an extra precaution, all accounts are independently administered by FundAdministration Inc., which is a third party company that handles the accounting of the broker professionally. The website is also perfectly protected by top rated SSL encryption by COMODO CA Ltd. on every single page. TradeView Markets is also subject to regular external and internal audits.
As we’ve seen above the security is well organized, but what about the customer service? A global Forex provider, TradeView Markets is doing a great job with the support of languages. Their website has seven different versions for clients from various countries. Apart from the local offices, customers can quickly get in touch via one of the local phone lines or faxes, as well as emails of the different departments, live chat, and even social media channels (Twitter, Facebook, LinkedIn, and GooglePlus).
Deposits and Withdraws
TradeView Markets offer some of the fastest and most reliable deposit options. Almost all the methods are instantly processed and luckily, without any commission charged by the broker. Traders will be able to use credit/debit cards, e-wallet services or bank transfers. Accounts are usually employed USD or EUR as the primary currency. One of the significant drawbacks here is that the broker allows its clients to extend their losses beyond the initial investment. It’s not a good practice to do so, and it’s surely against the risk management rules.
When it comes to withdrawals, there is too little information provided by the online broker. However, they are probably handled by the same methods as the deposits. Just like many other financial institutions, TradeView Markets has a detailed verification procedure before the first withdrawal. Traders will be glad to learn that the online broker does not charge extra money for withdrawals.
Deposit Bonus and Loyalty Programs
Unfortunately, there are no promotions currently available for the customers of TradeView Markets. The company offers partnership programs with different benefits. Institutional clients can also get excellent conditions and many surprises from this broker.
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