Best Brokers for TradingView

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Contributor, Benzinga
September 12, 2024

Foreign exchange trading or forex, is a unique asset that can add diversity to your investment portfolio. TradingView is one of the most popular online platforms for trading in forex, futures and other dynamic assets. 

However, you can’t use TradingView as a stand-alone trading tool. You’ll need to pair it with an online brokerage solution that offers integrations with the popular platform. Our list of the best brokers for TradingView can help you find the right platform to support your investment goals. 

Quick Look: Best Brokers for TradingView

Disclosure: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% to 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. The products and services available to you at FOREX.com will depend on your location and on which of its regulated entities holds your account

Best TradingView Forex Brokers

The best brokers to use with TradingView include the following examples: 

Best for Comprehensive Forex Trading: FOREX.com

FOREX.com is a powerhouse in the world of forex trading. It offers an extensive range of currency pairs, including over 80 options. FOREX.com also provides plenty of tools to guide your investment journey and help you make informed decisions. 

Why We Love It: FOREX.com is one of the top all-around forex trading solutions as well. Users appreciate its exceptional features and market research tools. The broker also offers competitive spreads and fast execution speeds. You’ll have access to stellar customer support if you encounter any platform issues. 

Best for Advanced Trading Tools: Interactive Brokers

Interactive Brokers is among the best options for U.S. traders. It features sophisticated trading tools and a wide range of assets. With access to a broad spectrum of financial instruments, including stocks, options, futures and Forex, Interactive Brokers can be a great choice if you are looking for a one-stop shop. 

Why We Love It: Interactive Brokers stands out for its advanced trading platform and very competitive fees. Overall, it’s a well-rounded solution that can appeal to any U.S. trader looking to trade in forex and other in-demand commodities. 

Best for User-Friendly Interface: OANDA

Forex trading can be complicated. Brokers like OANDA make the experience more accessible via its user-friendly interface. The platform does not skimp on trading features, either. 

OANDA packages advanced tools into a user-centric interface that’s easy to navigate and learn. No matter your experience level, you can find your way around OANDA and start executing trades. 

Why We Love It: Our team chose OANDA as one of the best brokers for TradingView because of its simplicity. Many investors value a no-nonsense interface but don’t want to give up their high-end tools. OANDA delivers a great mix of user-friendliness and features, making it a good fit for beginner and intermediate-level traders. 

Best for Forex Futures: Plus500

Plus500 is one of the best forex futures brokers and it is compatible with TradingView. Dealing in futures can be a good way to diversify your investment strategy and capitalize on market shifts. Plus500 is loaded with features to help you analyze and execute trades effectively. 

Why We Love It: Traders appreciate Plus500’s competitive spreads and innovative features. Many of the tools are geared toward optimizing the futures trading experience. Integration with TradingView gives you even more control over your trading activities. 

Best for Diverse Asset Range: Saxo

Saxo caters to experienced traders and high-net-worth individuals. The broker offers access to various markets from a single platform. Saxo’s advanced trading tools and comprehensive research resources make it a top choice for those seeking diversity in their trading portfolios. 

Why We Love It: Saxo excels with its broad asset range and sophisticated trading tools. While you don’t necessarily have to conduct high-volume trades to use Saxo, this broker is best suited. Integration with TradingView adds even more functionality to the broker’s impressive capabilities. 

How to Choose a TradingView Broker

Here are some factors to consider when comparing the best brokers for TradingView:

TradingView Integration

Before signing up for an online brokerage platform or conducting deals, verify that the broker you are considering supports TradingView integration. If you are set on using TradingView, you must choose a compatible brokerage. 

However, it never hurts to explore other trading platforms. By comparing your options, you can find the solution that best aligns with your long-term investing goals. 

Fees and Payment Methods

Consider each broker’s fee structure and what payment methods they support. Look for platforms with competitive fees and flexible payment options to make your trading experience as cost-effective and convenient as possible.

Do your homework to learn how fees and withdrawals work. Some brokers charge a flat or percentage-based fee on every transaction. Others may allow you to make several monthly withdrawals at a discounted rate. 

User Experience

It doesn’t matter how many features a broker offers if you don’t enjoy using the platform. That’s why choosing a broker with a clean and intuitive interface is important. Many brokers allow you to demo the platform before signing up. Take advantage of these opportunities to see which interface fits you and your skill level best. 

Integrations with TradingView are important. However, integrations can make complex platforms even more difficult to use. For this reason, you should wait to add integrations until you’ve decided on a broker solution you’re comfortable with. 

Trading Options

Ensure the broker offers a wide range of trading options to suit your needs. Find out what assets you want to invest and deal in. Next, list brokers that support those commodities. The best brokers for TradingView have several types of assets, but each partner has unique strengths and weaknesses.

For example, FOREX.com offers over 80 currency pairs. While they support other asset types, their biggest value proposition is their huge selection of forex currency pairs. On the other hand, Plus500 has geared its platform toward futures trading

Keep in mind that your investment interests may change over time. You don’t want to jump to a completely new broker to access additional assets. Selecting a platform with access to numerous trading options can help you meet your current and long-term investment needs. 

Choose the Best Broker for Trading and Start Making Deals

After comparing Forex brokers for TradingView, choose the platform most closely aligns with your trading goals and experience level. Each broker on our list brings unique strengths to the table, so take the time to evaluate which one works best for your situation so that you can start trading with confidence. 

Frequently Asked Questions

Q

Do you need a broker for TradingView?

A

Yes, you must partner with a broker to execute trades through TradingView. TradingView is a charting and analysis tool, not a stand-alone trading platform.

 

Q

What’s better than TradingView?

A

Alternatives like MetaTrader or proprietary broker platforms might offer different features that support your investment strategy. However, TradingView remains a top choice for its community features and comprehensive charting capabilities.

 

Q

Do professionals use TradingView?

A

Absolutely. Many professionals use TradingView for its advanced charting tools and real-time data. The platform’s strong community support also benefits new and experienced traders.

Get a Forex Pro on Your Side

FOREX.com, registered with the Commodity Futures Trading Commission (CFTC), lets you trade a wide range of forex markets with low pricing and fast, quality execution on every trade. 

You can also tap into:

  • EUR/USD as low as 0.2 with fixed $5 commissions per 100,000
  • Powerful, purpose-built currency trading platforms
  • Monthly cash rebates of up to $9 per million dollars traded with FOREX.com’s Active Trader Program

Learn more about FOREX.com’s low pricing and how you can get started trading with FOREX.com.