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.

Founded2011
Users100M+ worldwide
Markets CoveredForex, Stocks, Crypto, Indices, Commodities
Exchanges150+ from 50+ countries
Total Instruments3,500,000+
Free PlanYes — genuinely useful
PlatformsWeb, iOS, Android
Trustpilot Rating4.5 / 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.

Our favourite feature: The multi-timeframe layout on paid plans. Seeing EUR/USD on the daily, 4H, and 1H simultaneously in one view completely changed how we analyse confluences. Essential for any structured trading approach.

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.

$15 discount: When you sign up via our link, you automatically receive a $15 credit applied to whichever plan you choose — making the Essential plan effectively free for your first month.

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.

Important: Pine Script is available on the free plan but with limitations. Running multiple custom indicators simultaneously or using advanced scripting features requires at least the Essential plan.

TradingView vs MT5

We use both platforms daily. They serve completely different purposes and are not really competitors.

Chart QualityTradingView wins — clearly superior
Ease of UseTradingView wins — far more intuitive
Broker ExecutionMT5 wins — direct order placement
EA / Bot SupportMT5 wins — designed for automation
Prop Firm SupportMT5 wins — most funded programs require it
Multi-Asset CoverageTradingView wins — vastly broader
CommunityTradingView 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

Charting Quality
10
Ease of Use
9.3
Market Coverage
9.7
Value for Money
9.4
Pine Script / Tools
9.2
Customer Support
7.2

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.

Our pick: Start with the free plan to get familiar with the interface. Once you feel limited by the single chart view or the 2-indicator cap, upgrade to Essential. Use our link below for the automatic $15 credit.
Get TradingView + $15 Credit →

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.