Tradeview is a forex broker located in Peru but with offices and regulations from all over the world.
In this article, you’ll get a review of this broker, including analysis and instructions to open an account with TradeView.
Here’s what you’re going to learn:
Tradeview is a Forex (CFDs) broker located in Peru and was founded in 2004. They have been in business for a good amount of time already, which should give you some confidence when compared to brokers that just appeared in the market.
Tradeview is a Forex broker that gives you a wide range of instruments to trade besides Forex.
Here’s a list of all of the instruments that you can trade with Tradeview at the moment I’m writing and updating this review:
To open a real account with Tradeview you need to deposit a minimum of $100.
You don’t need to deposit anything if you’re just trying the broker and testing a demo account.
The Tradeview leverage varies according to the product you are trading. The leverage is as high as 1:500.
Here’s the maximum leverage provided by Tradeview for each instrument and account type:
If you fall under the European regulator, the maximum leverage you get is 1:30.
According to Trustpilot, Tradeview is classified as excellent. It’s scoring a 4.6/5.0 after 369 reviews. That’s a good score!
When you open an account with Tradeview, you can be sure that you will be trading with a regulated broker.
The regulations and licenses come from all over the world:
Tradeview gives you access to the most popular trading platforms used by Forex brokers.
You can use:
They also have web and mobile versions, meaning that you can easily trade wherever you are.
There’s a main account type when you trade with Tradeview.
Other types of accounts like micro accounts, cent accounts are not available when using Tradeview.
Professional accounts exist in brokers regulated in the EU, to give you access to a bigger leverage.
If you live in the EU you can bypass the ESMA’s most restrictive leverage rules by applying to an account regulated outside of the EU.
If you’re looking for bonuses, you’re at the right place. Tradeview Broker has a 15% deposit bonus. You can win up to $7,500 in bonuses on your deposit.
There’s no no-deposit bonus right now.
If you need to contact Tradeview here is their address:
Address: Urb. San Eugenio, Lince, Lima, Perú.
From their website, you can also contact them directly.
Tradeview accepts a limited range of methods either to deposit or to withdraw but they are enough for the majority of people.
Here’s a list of them:
Yes, Tradeview offers a negative balance protection.
If for any reason your account goes into negative balance, Tradeview will take that loss and reset your balance back to 0. Unlike many brokers, with Tradeview you don’t risk getting losses bigger than your deposits.
Tradeview’s margin call is 110% for retail clients.
This means that you always need to maintain an equity that is bigger than the margin required to keep your positions open.
If your equity (Balance + Open Profit or Loss) falls below the required margin you will receive a margin call and all your positions will be closed.
When you trade with Tradeview, the margin stop-out level is 50%.
What this means is that your free margin must always be above 50%. If it falls under this value, the platform will start to automatically close your positions to keep the free margin above the threshold.
Typically, the positions are closed from the largest losing position to the smallest one.
Tradeview doesn’t offer Micro Accounts to its customers.
There are no VPS services with Tradeview but you can always find a cheap VPS to host your EA and run it on Tradeview.
Tradeview has no inactivity fee for all regulations except Europe. If the account has no funds or no trades for 6 consecutive months it will be set as inactive though.
If you fall under the European regulator, your account will have a $10/month inactivity fee.
There are no restrictions against hedging with your Tradeview account. Heding accounts are the default with Tradeview.
This means that you can open long and short positions on the same symbol at the same time.
If you don’t like hedging accounts, there’s also an alternative. They are called the NET accounts. With these types of accounts, on each specific symbol, you can only have one single position in one direction.
Net accounts are especially useful when you want to be able to add and reduce your position size.
You are allowed to do copy trading on your Tradeview account.
The signals you copy can come from any source. Just install your favorite copy-trading software and watch your account mirror the copy-trading source that you chose.
With Tradeview you can connect your MT4/MT5 account to one of the best social trading sources: MQL5.
When trading Tradeview forex currency pairs, your lot sizes start at 0.01 and can go up to 100. All other CFDs, like indices or metals, can be traded with a lot size up to 50.
Tradeview has Forex spreads starting as low as 0.0 pips. This is for the commission’s account that charges you $2.50/lot.
If you choose a no-commission account, you’ll have bigger spreads to somehow compensate for the lack of commission.
There’s no minimum amount to be able to request a withdrawal from Tradeview. Whatever value you have on your account is yours.
There are also no deposit/withdrawal fees involved.
Tradeview accepts residents from all over the world except some specific countries. Tradeview doesn’t provide services for residents from the United States, and OFAC sanctioned countries.
Here is a list of the best Tradeview alternatives:
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