Tradeview MENA Review

Key Takeaways

✔  Founded in 2004, Tradeview Markets is headquartered in the Cayman Islands​​.

✔ Tradeview is regulated by the Cayman Island Monetary Authority (CIMA) under license number #585163.

✔ Tradeview is also regulated in the European Union, with the MFSA in Malta under registration #  C93990.

✔ Tradeview is in the final stages of acquiring its full FCA license in the UK under Tradeview Market UK entity with registration # 531771.

✔ The broker offers a broad range of trading platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, and Currenex, to cater to various trading preferences​​.

✔ Tradeview provides access to a wide variety of financial instruments across FOREX, indices, stocks, cryptocurrencies, and commodities​​​​.

✔ The company uses an Innovative Liquidity Connector® for ECN trading, offering direct access to over 50 banks and prime liquidity providers​​.

✔ Tradeview supports diverse global clientele but does not accept traders from the United States.

✔ Tradeview has over 1,500 broker affiliates worldwide.

✔ The broker handles more than 20,000 real-money trading accounts​​.

✔  Tradeview offers competitive trading conditions, with leverage up to 500:1.

✔ The broker provides educational resources and a demo account, making it suitable for traders at all levels to practice and hone their trading skills​​.

✔  It features a fast account opening process, with a minimum deposit requirement of $10​​​​.

✔ Tradeview offers dedicated customer support, 24/5, offering assistance in multiple languages​​.

Overall Summary

Tradeview Forex, interchangeably known as Tradeview Markets, was established in 2004 and is headquartered in the Cayman Islands, setting itself up as a significant player in the online FOREX and CFD trading world. Regulated by the Cayman Island Monetary Authority (CIMA) and the Malta Financial Services Authority (MFSA), Tradeview Forex is a reliable platform in a competitive market​​​​. The broker’s commitment to offering a broad and accessible trading environment shines through with its low deposit requirement and how it provides various advanced trading platforms to clientele.

Tradeview Forex offers ECN trading conditions with direct access to over 50 banks and prime liquidity providers, ensuring tight spreads. This feature highlights the broker’s dedication to providing transparent and competitive trading conditions​​. The broker offers access to a wide range of financial instruments, including FOREX, indices, stocks, cryptocurrencies, and commodities. It also caters to diverse trading interests and strategies, making it a versatile choice for traders worldwide​​​​.

Despite its offshore regulatory status, which may present a higher risk than brokers regulated in more stringent jurisdictions, Tradeview Forex has earned a reputation for reliability and high-quality service. The broker does not accept traders from the United States, yet it maintains a significant global presence through its network of over 1,500 introducing brokers.

The broker also shows a consistent commitment to trader education and support through its offering of demo accounts and educational resources, allowing traders at all levels to enhance their trading skills and knowledge. In this review, we will expand on these points and give you more information related to thisTradeview Forex, which might be the broker for you.

Who Is Tradeview Good For?

Tradeview is well-suited for a diverse range of traders, from newbies to seasoned investors looking for deep liquidity and direct market access through ECN conditions. The broker's array of advanced trading platforms, including MT4, MT5, cTrader, and Currenex, cater to individual preferences for trading interface and functionality, making it ideal for traders who rely on technical analysis, automated trading strategies, or social trading interactions​​.

With a low minimum deposit requirement of $10 and a comprehensive offering of educational resources and a demo account, Tradeview is accessible to new traders looking for a supportive learning environment. At the same time, its Innovative Liquidity Connector® and access to over 50 banks and liquidity providers offer the tightest spreads and high-speed execution that appeals to high-volume traders and those employing scalping or algorithmic strategies​​​​.

Further, its global reach and support in multiple languages ensure that Tradeview is a good match for international traders in search of a broker that accommodates a wide range of trading styles and strategies, all within a regulated and competitive trading environment​​. To give you a bird’s eye view of its operations, here are some pros and cons of this broker:

Is Tradeview Safe?

One of the most effective ways to check the safety of any broker is to check by whom it is regulated.  As such, assessing whether Tradeview is safe involves considering its regulatory framework, trading infrastructure, and client protection measures:

Regulatory oversight:

Tradeview Forex is regulated by CIMA under license number #585163​​​​. CIMA is recognized for its commitment to safeguarding the financial services industry in the Cayman Islands, including the oversight of FOREX brokers.

At this point, we should mention that CIMA is not widely known and is not even rated as a tier-one or even a tier-two regulator. Top-tier regulators with a long history of stringent oversight include The Financial Conduct Authority in the UK, and the Securities and Exchange Commission in the US, to mention only two.

The broker does not currently offer its clients a safety net in terms of a compensation scheme should the broker go bust or otherwise be unable to retrieve trader funds. This is a significant drawback as the gold standard for traders in the most developed markets is to have access to compensation if something goes wrong – and in this business, things can go wrong! That said, the broker goes to lengths on its website to assure clients that their money is being looked after. Here are some of the claims it makes:

Financial transparency and protection:

Being regulated by CIMA requires Tradeview Forex to adhere to financial reporting standards and to undertake regular audits. These requirements ensure a degree of transparency in its operations.

Trading infrastructure and security measures:

Tradeview Forex offers access to such popular and reputable trading platforms as MT4, MT5, cTrader, and Currenex​​. These platforms are known for their robust security features, including data encryption and secure communication protocols. While the security of the trading platforms themselves is generally high, the overall safety also depends on Tradeview Forex's internal IT and data security measures.

A quick visit to the broker’s website will reveal that it uses industry-standard pro­ducts and practices throughout its facilities. It has strict policies and procedures with a minimal set of employees retaining access to customer data. Physical security at its datacenters is handled by trained security staff. Its recovery plans are tested on a regular basis to verify their effectiveness. Plans are periodically modified or updated based upon our business needs and infrastruc­ture changes.

In totality, Tradeview offers a regulated trading environment with access to reputable trading platforms. While its regulatory jurisdiction may not offer the same level of investor protection as some more stringent regulators, its long-standing operation and adherence to regulatory standards contribute to its overall safety profile. Before engaging with this broker, we would encourage you to take a long look at its offering against similar-sized peers. As with any investment, there are inherent risks, and you should conduct your due diligence.

Offering of Investments

Tradeview offers a comprehensive range of assets beyond its core FOREX offering, appealing to a diverse clientele with varied trading interests and strategies. Here's a detailed look at the different types of assets available:

FOREX: Tradeview provides access to 60 major, minor, and exotic currency pairs, allowing traders to participate in the world's largest financial market around the clock​.

Cryptocurrencies: Traders have the opportunity to trade in Bitcoin, Ethereum, and others, tapping into the volatile crypto markets for potential high returns​​.

Stocks: (Through Tradeview Markets, a sister company) Over 5,000 real U.S. stocks and options are available, including access to major indices like NASDAQ and AMEX. This offers traders the chance to invest in individual companies such as Apple, Netflix, Starbucks, and Tesla, as well as ETFs on the S&P 500 and NASDAQ 100, among others ​​.

Commodities: Tradeview offers trading in commodities, including metals like gold and silver, as well as energies, providing a good option for those looking to hedge or diversify their portfolio​​.

Indices, metals, and energies: The platform allows trading in various CFDs, which include indices, metals, and energies, adding depth to the available trading instruments.

Tradeview's broad range of trading assets makes it an attractive broker for traders seeking to diversify their trading strategies across different financial instruments. The platform's global coverage, combined with advanced tools and features, underscores its capability to meet the needs of both new and experienced traders looking for opportunities in FOREX, stocks, cryptocurrencies, and more.

Account Types

Tradeview offers a variety of account types designed to cater to the diverse needs and preferences of its clientele. Each account type is structured to provide specific features and benefits, tailored to different trading strategies and levels of experience. The different account types are split among individual accounts, joint accounts, and corporate accounts. Here's an in-depth look at the account types offered by Tradeview:

Innovative Liquidity Connector (ILC) account:

This account offers the perfect ECN trading environment by facilitating direct access to a pool of liquidity providers without going through a dealing desk, which minimizes price manipulation and delays. Also, you will appreciate the zero markups, ensuring that you receive the best bid/offer rates directly from numerous liquidity providers.

While offering lower spreads, starting from 0 pips, this account type operates on a commission-based model, charging a flat rate per trade​​. The ILC account requires a higher minimum deposit compared to other account types, which is why it’s more suitable for serious traders who prefer ECN trading conditions.

X Leverage account:

Designed for traders who prefer trading without commissions, this account type offers commission-free trading, with costs built into the spreads. With a minimum deposit requirement significantly lower than the ILC account, the X Leverage account is more accessible to a wider range of traders, especially those new to the FOREX market or with limited capital. The account is known for its flexible trading conditions, suitable for traders utilizing various strategies, including scalping and hedging.

Additional features across accounts:

Social trading is available via cTrader Copy on the cTrader platform and other supported platforms, allowing you to copy the strategies of other successful traders or become signal providers themselves​​. Tradeview also offers Multi Account Manager (MAM) accounts for money managers and clients looking for someone to manage their trading portfolios​​.

Before you get started, it's important to consider your own trading style, strategy, and experience level when choosing between Tradeview's account types. Each offers a set of features designed to optimize trading conditions and potential profitability but with varying cost structures and minimum deposit requirements. 

Account Opening

The account opening process at Tradeview is straightforward and efficient, enabling traders to quickly start trading. First, you will need to decide which type of trading account best suits your trading style, investment goals, and the level of risk with which you are comfortable.

The next step involves completing an online application form on the Tradeview website. This form typically requires you to provide personal information such as your name, address, email, phone number, and sometimes financial information and your trading experience.

To comply with regulatory requirements, Tradeview, like most regulated brokers, will require you to verify your identity and residence. This is part of the Know Your Customer (KYC) process. You will need to upload proof of identity (such as a passport or driver's license) and proof of residence (such as a utility bill or bank statement that is no older than three months).

Once your account is verified, you will need to fund it to start trading. Tradeview offers multiple deposit methods, including credit/debit cards, bank wire transfers, and various electronic payment systems. With your account set up and funded, and after familiarizing yourself with the trading platform and tools available, you can start trading!

Demo Account

Tradeview provides a free demo account for both its ILC and X Leverage platforms, allowing traders to simulate trading in real time without risking actual capital​​. The demo account is particularly useful for beginners to practice trading strategies and become accustomed to the platform's features before transitioning to live trading​​.

Bonuses and Promotions

Tradeview does offer bonuses and promotions, such as a 15% Deposit Bonus. This bonus is available to all traders but may not be available in certain countries. The bonus amount and required lots for trading vary depending on the deposit amount. Important conditions apply, such as a lock-up period for funds and specific requirements for retaining the bonus. For the most accurate and up-to-date information, it's best to check directly with Tradeview's official website.

Deposits and Withdrawals

The deposit and withdrawal process at Tradeview involves multiple methods, including credit/debit cards, bank wire transfers, and several electronic payment systems, ensuring global coverage. Deposits are processed quickly, often on the same day, while withdrawal times can vary.

Importantly, Tradeview doesn't charge fees for most deposit or withdrawal options, though some methods, like bank wires, may incur charges. For withdrawal, requests are confirmed within 12-24 hours, ensuring a relatively swift access to funds.

Customer Service

Tradeview Forex offers 24/5 customer support with a wide range of languages supported, ensuring traders around the globe can receive assistance via its offices in New York, Malta, the Cayman Islands, Malaysia, Colombia, and Peru. The broker's dedication to providing personal support is evident in its comprehensive customer-service options, including phone, email, and live chat. The broker also offers what it calls a Client Cabinet, where you will be able to:

●     Check account summary

●     Check account history

●     Fund your account

●     Transfer funds

●     Perform withdrawals

Commissions and Fees

The Tradeview Forex website lacks comprehensive pricing information. However, we can advise that the broker charges commissions and fees primarily through spreads and specific account types. For the ILC account, there's a flat trade fee of $2.50 per standard lot, offering tight spreads from 0 pips. The X Leverage Account operates mainly on spreads without additional commission charges. Non-trading fees include withdrawal charges for certain methods and an inactivity fee if necessary.

Depending on whether your account is an Individual account, joint account, or corporate account, you will encounter different fees related to each account. As always, we would advise you that it's essential to review the detailed fee structure on Tradeview's website for the most accurate and updated information.

Platforms and Tools

Tradeview's asset offerings are facilitated through a selection of advanced trading platforms that cater to different trading preferences:

MT4/MT5: These platforms are well-regarded in the industry for their robust features, including live streaming of asset quotes, support for automated trading via EAs, and extensive charting and analysis tools​​.

cTrader: Offers sophisticated trading capabilities, including advanced order types, level II pricing, and social trading via cTrader Copy, making it suitable for advanced traders​​.

Sterling Trader Pro: This platform provides specialized functionalities for options trading, offering powerful options trading tools​​​​.

These platforms are available on multiple devices, including Windows, Mac, iOS, and Android, ensuring that you can access your accounts and trade from anywhere​​.

One interesting and innovative feature offered by Tradeview Forex is its range of Pivot Points Calculators, which are one of the most popular trading tools in FOREX technical analysis. Besides the Standard Pivots Calculator, traders can also access the Fibonacci Pivots Calculator, Camarilla Pivots Calculator, Woodie's Pivots Calculator, DeMark's Pivots Calculator, and a detailed Forex Performance Chart.

Mobile Trading

As we have said, this broker does not have its own proprietary trading app, but offers mobile trading capabilities through MT4, MT5, and cTrader. These platforms are available for download on iOS and Android devices, ensuring that you can manage your accounts and trade from anywhere. The mobile versions of these platforms provide a range of functionalities similar to their desktop counterparts, including access to trading instruments, charting tools, and trading operations. These mobile offerings cater

 to the needs of traders who prefer the flexibility of trading on the go.

Research and Development

Tradeview Forex invests in the area of research tools, offering a comprehensive set of functionalities to support informed decision-making. Through its chosen trading platforms, and also via selected areas of its multiple websites, the broker provides access to advanced charting technologies, real-time financial news, and market analysis, all tailored to provide traders with deep insights into market trends and potential opportunities. As we have mentioned, in the area of FOREX, its Pivot Calculators are highly valued.

Education

For trader education, Tradeview Forex's commitment is evident in its wide array of educational materials. Through its “Surf’s Up” educational repository, the broker offers detailed webinars, insightful tutorials, and articles spanning various trading strategies and market analysis techniques. The platform's economic calendar is a notable feature, providing traders with critical insights into upcoming economic events that could impact the markets, helping them to plan their trading activities more effectively.

Final Thoughts

Throughout our exploration of Tradeview Forex, we've discussed a brokerage that not only caters to a broad spectrum of traders but does so with a commitment to transparency and competitive conditions. Tradeview's offerings, from its industry-staple trading platforms to its wide array of financial instruments, underscore its dedication to meeting your diverse needs. It's this versatility, coupled with strong educational resources, that positions Tradeview as a serious broker to consider for those embarking on their trading journey, as well as seasoned traders in pursuit of deep liquidity and direct market access.

The availability of demo accounts and a wealth of learning materials speaks to the broker’s commitment to trader success. This approach not only helps traders refine their strategies but also fosters a sense of community and learning, vital for navigating the complex world of FOREX trading.

However, the journey with Tradeview, while promising, calls for more consideration. You should consider your trading styles, risk tolerance, and the specific features of each account type offered by Tradeview. With a clear understanding of your needs and the comprehensive offerings of Tradeview, you are better positioned to leverage the opportunities within the FOREX market, making the most of the technological, educational, and support resources Tradeview provides.

Conclusion

Tradeview Forex not only prioritizes the needs of its traders through comprehensive services and tools but also creates an environment conducive to growth and learning. Its focus on integrating sophisticated trading technologies with an expansive educational framework enables both newbies and experienced traders to navigate the complexities of the market with greater confidence and efficiency.

As you continue to seek out platforms that offer a balanced combination of innovation, support, and educational resources, Tradeview is a good option for its ability to meet these diverse needs. While you mull over engaging with this broker, we would encourage you to conduct a more thorough investigation to see if this is the broker to help you capitalize on the opportunities within the global markets.

Tradeview in Brief

Tradeview Forex, established in 2004 and headquartered in the Cayman Islands, offers a broad range of trading platforms and financial instruments for a global clientele. Regulated by CIMA, it ensures a secure and transparent trading environment. With a focus on education and innovation, Tradeview provides traders with advanced tools and resources to navigate the FOREX market confidently. Its competitive conditions and dedication to client support make it an attractive option for traders at all levels.

Review Methodology

The team at Arincen collected over 120 pieces of data covering more than 100 licensed stock broker companies. Data collection was done in three ways:

1. Companies’ Websites.

2. Other Websites that have ranked stockbrokers.

3. A survey questionnaire (referred to here as Survey “1”) was sent to the companies invited to participate in the exercise.

We have identified 12 criteria for our assessment, each containing several aspects and carrying its own relative weight. These include licensing, deposits and withdrawals, number of assets, etc.

Afterward, we validated the data by:

1. Registering with stockbroker companies as a secret shopper and/or as Arincen.

2. Survey number “2,” in which we asked these companies’ customers for important feedback and experience.

The next step saw us evaluate and rank each company, relying on the hard work of 15 Arincen employees. We were very careful in ensuring the most accurate assessment possible, including considering different languages, as well as the various mobile-app operating systems, e.g., Apple, Samsung, etc.

To add credibility to our research project, we sent a final and third survey (referred to here as Survey “3”) to enable participating stockbroking companies to evaluate our research and whether it accurately reflects the realities on the ground. We were fortunate enough to receive a mark of 9.9 out of 10! We have kept to a minimum the margin of error, which stood at a measly 1%.