Tradeview Forex Broker Review 2024

TradeView Forex is a multi-asset brokerage with 2 main account types [Innovative Liquidity Connector Type 7, Innovative Liquidity Connector Type 5]. It has an investment option titled "TradeGATEHub", a social trading platform.

The minimum deposit for the ILC5 account is $1,000. There's no initial deposit for the ILC7 account.

Company Introduction & Regulation Status

Tradeview Forex, established in 2015, founded and led by Timothy Furey, has been operating as an online broker in global level. The broker maintains multiple regulatory licenses, ensuring a high level of security and trustworthiness:

• Regulated by CIMA (Cayman Islands Monetary Authority);
• Licensed by MFSA (Malta Financial Services Authority);
• Supervised by Labuan FSA (Financial Services Authority).

This multi-jurisdictional presence demonstrates their commitment to maintaining high regulatory standards and providing services to a global client base.

The company's headquarters are located in Malta, with additional offices worldwide. Addresses:

• Malta: Floor 5, The Ferries Business Centre, Sliema SLM1632;
• New York, US: The Townsend Building, 1123 Broadway;
• Grand Cayman, Cayman Islands: KY1-1002, 5th Floor Anderson Square | 64 Shedden Rd, PO Box 1105;
• Labuan, Malaysia: Block F Lazenda Warehouse 3 Jalan Ranca, 'Ranca 87000 F. T.;
• Bogota, Colombia: Av. El Dorado #68C – 61;
• Lima, Peru: Los Mirtos 239 Urb, San Eugenio, Lince.

Key Features and Specifics

Here's a comprehensive overview of Tradeview's key specifics and notable features:

Trading Account Types and Comparison

Tradeview offers two account types which are Innovative Liquidity Connector Type 7 (ILC 7) and Innovative Liquidity Connector Type 5 (ILC 5), but there's not much difference between them. The only benefit of the latter over the former is its lower commission, which will be investigated later in this review.

Both accounts utilize Tradeview's Innovative Liquidity Connector technology, which offers "one of the tightest spreads and fastest execution", as claimed by the broker.

In addition to these accounts, a demo account is provided for improving trading skills without any risks.

Steps to Getting Started: Account Opening and Verification

Registering an account with Tradeview is straightforward and user-friendly. Here's your step-by-step guide:

• Go to the broker's official website;

• Click "Start trading now";
• Type your email address in the corresponding field and create a secure password. Alternatively, use your Google or Facebook account;
• Open your inbox and verify your email address by submitting the code;
• Choose your account type and type your full name.

You have created your account on the Tradeview website. Now, for verification, you will be required to submit documents regarding your identity and residence location.

Available Platforms for Trading With TradeView

There are many trading terminals available in the industry for brokers, but some of the most common and most used ones are MetaTrader 4 and MetaTrader 5. Tradeview offers these popular options to its clients, which include technical indicators and tools, charting capabilities, Expert Advisors, etc.

In the list below, we will provide the links to these platforms for different operating systems:

• MT4 Android
• MT4 iOS
• MT5 Android
• MT5 iOS

Spreads and Commissions Structure

Based on our investigations, the main fees in brokerages are divided in these categories:

• Spreads;
• Trading commissions;
• Inactivity fees;
• Deposits commissions;
• Withdrawal costs.

Tradeview applies fees in 4 of the 5 mentioned parts. Spreads and Commissions Overview:

The broker charges a $10 monthly fee for inactive accounts. Also, a withdrawal commission is charged from 0-1.5%.

What Methods Are Offered for Deposits & Withdrawals?

Tradeview Forex offers several secure and well-known payment options to accommodate global traders:

• Credit/Debit Cards: Visa and Mastercard accepted;
• E-Wallets: Skrill and Neteller available;
• Bank Wire Transfer: Accessible in most regions.

Copy Trading & Investment Methods

Based on our investigations, Tradeview does not directly offer any copy trading or other ways to earn passive income. Actually, it sponsors a social trading website called TradeGATEHub.

However, while we clicked on the link to the mentioned website, a message appeared disclaiming any responsibilities for the content shown on TradeGATEHub.

Does Tradeview Forex Broker Provide Any Bonuses?

Based on our investigations of the broker, it currently does not offer any bonus promotions. This might be because of the regulations. Nevertheless, always check the official sources for any changes and updates regarding the matter.

How and When to Contact Support

Tradeview provides its customer services through common channels used by many other brokers. Let's take a quick look:

• Email: support@tradeview.eu;
• Phone Call: +356 20311017;
• Live Chat: On the website.

As stated on the broker's official website, it offers support on a 24/5 (GMT) schedule. Therefore, no support is offered on weekends. This is a downside for this multi-asset brokerage company.

Trust Reviews & User Scores

Traders have the option to submit trust scores for brokers on reputable websites, including Trustpilot and ForexPeaceArmy. Tradeview has received reviews on both mentioned platforms:

• Trustpilot: 4.4 out of 5, based on more than 370 scores;
• ForexPeaceArmy: 4.09/5 with over 130 ratings.

As you saw, this broker has achieved high scores from users for its services.

Conclusion and Final Words

Tradeview Forex provides trading symbols with spreads starting from 0 pips. The trading commission per round lot for Forex and metals is $7 in ILC 7 account and $5 in ILC 5 account.

Trading fees per round lot for indices across both accounts is $1. In trading cryptocurrencies, the cost is 0.15% of the order size.