What is TradingView?
TradingView is a cloud-based charting and analysis platform used by over 100 million traders worldwide. Founded in 2011, it has grown from a simple charting tool into the most comprehensive trading analysis platform available to retail traders today.
Unlike traditional platforms, TradingView runs entirely in your browser — no installation required. You get real-time data across forex, stocks, crypto, commodities, and indices from over 150 exchanges worldwide, all in one clean interface.
We use TradingView daily for EUR/USD and XAU/USD analysis. It is the first thing we open every single trading session — before anything else.
| Founded | 2011 |
| Users | 100M+ worldwide |
| Markets Covered | Forex, Stocks, Crypto, Indices, Commodities |
| Exchanges | 150+ from 50+ countries |
| Total Instruments | 3,500,000+ |
| Free Plan | Yes — genuinely useful |
| Platforms | Web, iOS, Android |
| Trustpilot Rating | 4.5 / 5 |
Key Features
Charting Tools
TradingView's charts are in a league of their own. Over 100 built-in indicators, every drawing tool imaginable, and multiple timeframe views simultaneously on paid plans. The interface is clean, fast, and fully customisable — rendering identically on any device or browser.
Multi-Asset Coverage
One of TradingView's biggest strengths is that everything is in one place. Switch from EUR/USD to XAU/USD to Bitcoin without opening a different platform. Real-time data for most forex and crypto pairs is included on all plans — including the free tier.
Alerts System
TradingView's alert system is powerful and reliable. Set alerts on price levels, indicator conditions, or Pine Script strategies — firing via email, push notification, or webhook. The free plan gives 1 active alert; paid plans scale up to 1,000+. For active traders this alone justifies upgrading.
Community & Ideas
Over 100 million published trade ideas let you see how other traders analyse the same charts. Follow experienced analysts, filter by instrument and timeframe, and learn from real market perspectives. Useful for inspiration — but always do your own analysis before placing any trade.
Plans & Pricing
TradingView has four main plans. Here is an honest breakdown of what each gives you and who it is really for.
Free
- Charts/tab 1
- Indicators 2 max
- Alerts 1
- Ads Yes
- Bar Replay No
- Price €0
Essential ⭐
- Charts/tab 2
- Indicators 5 max
- Alerts 20
- Ads No
- Bar Replay Yes
- Price ~€12/mo
Plus
- Charts/tab 4
- Indicators 10 max
- Alerts 100
- Vol. Profile Yes
- Sec. intervals Yes
- Price ~€24/mo
Premium
- Charts/tab 8
- Indicators 25 max
- Alerts 1,000
- Auto patterns Yes
- Priority support Yes
- Price ~€47/mo
Our recommendation: Essential for most traders. The jump from Free to Essential removes the biggest frustrations — ads, single chart view, and the 2-indicator cap. At around €12/month billed annually it is exceptional value. Only upgrade to Plus or Premium if you genuinely need more simultaneous charts or a large number of indicators.
Pine Script & Automation
Pine Script is TradingView's built-in programming language for creating custom indicators, strategies, and screeners. Compared to most coding languages it is beginner-friendly, and there is a massive library of community scripts you can copy and use immediately for free.
For traders who want to backtest strategies, Pine Script is invaluable. Code your exact entry rules, run them against years of historical data, and see the results directly on the chart. No external software, no downloads, no setup required.
TradingView vs MT5
We use both platforms daily. They serve completely different purposes and are not really competitors.
| Chart Quality | TradingView wins — clearly superior |
| Ease of Use | TradingView wins — far more intuitive |
| Broker Execution | MT5 wins — direct order placement |
| EA / Bot Support | MT5 wins — designed for automation |
| Prop Firm Support | MT5 wins — most funded programs require it |
| Multi-Asset Coverage | TradingView wins — vastly broader |
| Community | TradingView wins — 100M+ users |
Our workflow: analyse on TradingView, execute on MT5. The two complement each other perfectly and most serious traders use both.
Ratings Breakdown
Final Verdict
TradingView is not just the best charting platform — it is in a category of its own. No other tool comes close for retail traders who need professional-grade analysis without institutional pricing.
The free plan alone is better than most paid platforms on the market. If you are serious about trading, the Essential plan at around €12/month is a straightforward upgrade that removes every meaningful limitation for most traders.
The one real downside is customer support, which is notoriously slow even on premium tiers. But with a platform this stable and reliable, you rarely need it anyway.
Affiliate Disclosure: TheTradersVerdict may earn a commission if you sign up via our links, at no extra cost to you. You receive a $15 credit bonus automatically. This never influences our ratings or recommendations. All reviews are based on real trading experience. Trading involves significant risk of loss — never trade with money you cannot afford to lose.