TRADEVIEWMARKETS

About company:

Tradeview Markets (formerly Tradeview Forex), founded back in 2004, is a broker offering over 40 financial instruments for trading on three trading platforms. Behind this brand is Tradeview Ltd., based in the Cayman Islands and licensed by the Cayman Islands Moneyetary Authority (CIMA).

 

Company. Fund security

Offshore countries are known for their loyal relationships with brokerage organizations. They are attractive locations for startups as it is relatively easy and economical to start an online trading business.

 

Some of the advantages of Forex companies in the Cayman Islands are exemption from all local taxes and stamp duties, non-disclosure and a minimum capital requirement for the company.

 

CIMA regulation cannot be compared to the oversight of US or UK financial regulatory agencies. However, Forex brokers licensed in the Cayman Islands must have at least $ 100,000 in net tangible assets, adhere to a specific reporting schedule, and regularly submit financial statements to an independent auditor.

 

If you intend to invest a large amount of money, we would advise you to choose a broker from another jurisdiction. You can get acquainted with other Forex brokers in our rating.

 

Trading conditions

Tradeview Markets clients are offered a choice of two account types: an X Leverage free account with higher leverage, and an ECN Innovated Liquidity Connector account, which provides lower spreads with commission.

 

Both account types offer micro lot trading.

 

Minimum initial deposit

To open an account with Tradeview Markets, you need to deposit at least $ 100. This is the industry average. But we cannot fail to mention brokers, work with which is available starting from $ 1.

 

Spreads and commissions

As an ECN broker, Tradeview Markets provides competitive spreads. Those offered on an interest-free account averaged 0.9 pips on EUR / USD. The average spreads on an ECN account are 0.2 pips on EUR / USD, however there is a $ 2.50 fee, so the trading costs on this account are around 0.7 pips.

 

In comparison, some brokers offer variable spreads of 1.2 pips on average on EUR / USD on a commission-free account and spreads from 0.5 pips on a commission-free account ($ 3.86 per lot).

 

Leverage

This broker offers up to 1: 400 leverage, which is the average. Most offshore brokers provide similar maximum leverage levels.

 

Trading platforms

Tradeview Markets offers its clients a choice of three trading platforms: MetaTrader 4 (MT4), cTrader and Currenex.

 

Designed for advanced traders, Currenex focuses on buying and selling over ECN and offers different order types and execution algorithms, as well as advanced reporting tools. This platform is Java based, so no installation is required.

 

Earlier in 2016, Tradeview Markets added cTrader to its line of platforms. Developed by Spotware, cTrader is a true ECN platform. It provides traders with access to a deep pool of liquidity providers, as well as a wide range of modern tools such as a range of timeframe charts, 30 technical indicators, trend lines, Fibonacci levels, support and resistance lines, channels, market depth, etc.

 

Like most brokers, Tradeview Markets also supports MT4, the expert trader's choice, as the platform offers a range of technical indicators, an extensive testing environment, an expanded set of charts and a wide range of Expert Advisors (EA) allowing clients to fully automate their trades.

 

In addition, this broker provides MAM account options. A simple, fast, efficient and reliable addition to the MetaTrader 4 system. Multi Account Manager allows users to manage multiple accounts from one account.

 

Promotions

This broker is currently offering its traders a 100% deposit bonus up to $ 500. What's more, customers can open an Innovated Liquidity Connector account for as little as $ 1,000 instead of $ 25,000.

 

Support service

The company has its offices in the Cayman Islands, USA, Colombia, Peru, Spain, Great Britain. You can contact the specialists via live chat, by phone or email.

 

Ways of payment

TradeView Markets offers its clients the following payment methods: bank transfer, credit card, various e-wallets such as Neteller, Skrill and Uphold. In fact, TradeView is the first broker to integrate the services of the financial services company Uphold.

 

Pros:

 

low spreads; variety of trading platforms; promotions.

 

Minuses:

 

registered in an offshore zone.