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Tradeview Markets review

Tradeview Markets


On-line since: 2006
Country of origin: the Cayman Islands
Regulation: CIMA
Payment options: wire transfer, credit cards, e-payment systems
Minimum account size: $100
Minimum lot size: 0.01 lot
Leverage: up to 1:400
Spreads: floating, fixed

About the company:

Founded back in 2004, Tradeview Markets (formerly Tradeview Forex) is a brokerage offering more than 40 financial instruments for three trading platforms. The brand is owned by Tradeview Ltd., which is headquartered in the Cayman Islands and licensed by the Cayman Islands Monetary Authority (CIMA).

About company. Funds security

Offshore locations are known for their light-touch regulation. They are attractive to start-ups as it is relatively easy and cost-effective to launch a brokerage business there.

Exemption from all local taxes and stamp duties, non-disclosure and minimum capital requirements are among the advantages of forex companies in the Cayman Islands.

Regulation of the CIMA cannot be compared to the supervision by US or UK financial regulators. Still, forex brokers licensed in the Cayman Islands are required to hold at least $100,000 worth of net tangible assets as well as to adhere to a certain reporting schedule and regularly submit financial statements by an independent auditor.

If you want to invest a large amount of money, we recommend that you choose a broker belonging to another jurisdiction. Check out other forex brokers in our ranking.

Trading conditions

Clients of Tradeview Markets are offered a choice between two account types: commission-free X Leverage account with higher leverage and ECN Innovated Liquidity Connector account, providing tighter spreads and involving commission.

Both account types offer trading micro lots.

Minimum initial deposit

To open an account with Tradeview Markets, you need to deposit at least $100. This is a reasonable minimum initial deposit requirement. But we cannot but mention brokers that require at least $1 to start trading.

Spreads and commissions

Being an ECN broker, Tradeview Markets has competitive spreads for commission-free accounts, which average 0.9 pips on EUR/USD. Average spreads for an ECN account are 0.2 pips on EUR/USD, but it charges commission of $2.50, so trading costs for this account type total about 0.7 pips.

For comparison, some brokers offer variable spreads which average 1.2 pips on EUR/USD for commission-free accounts and spreads starting from 0.5 pips for accounts with commission ($3.86 per lot).

Leverage

The broker offers leverage up to 1:400, which is an average ratio in the market. Most offshore brokers provide similar maximum leverage levels.

Trading platforms

Clients of Tradeview Markets can choose between three trading platforms: MetaTrader 4 (MT4), cTrader and Currenex.

Currenex is a trading platform for experienced traders. It focuses on buying and selling via ECN and features a variety of order types and execution algorithms as well as advanced reporting tools. The platform is Java technology-based, requiring no installation.

In 2016, Tradeview Markets included cTrader in its line of platforms. Developed by Spotware, cTrader is a true ECN platform. It provides traders with a deep pool of liquidity providers, as well as an assortment of cutting-edge tools, such as timeframe charts, 30 technical indicators, trend lines, Fibonacci levels, support and resistance lines, channels, market depth, etc.

Like most brokers, it also supports MT4, which is popular among experienced traders for its various technical indicators, extensive testing environment, an extended set of charts and a wide range of experts advisors (EAs), allowing clients to fully automate their trades.

In addition, the broker provides the MAM account options. A simple, fast, effective and reliable MetaTrader4 plugin, Multi Account Manager is designed to simultaneously manage multiple trading accounts.

Campaigns

At the moment, the broker offers a 100% bonus for deposits of up to $500. What is more, clients can open Innovated Liquidity Connector account for just $1,000, instead of $25,000.

Support service

The company has its offices in the Cayman Islands, the US, Colombia, Peru, Spain, and the United Kingdom. You can contact the support team via live chat, by phone or email.

Payment options

Payment methods offered by TradeView Markets include wire transfer, credit cards, e-wallets, such as Neteller, Skrill and Uphold. In fact, TradeView is the first broker to integrate the services of Uphold financial company.

Advantages:

  • low spreads;
  • variety of trading platforms;
  • campaigns.

Disadvantages:

  • registered in offshore jurisdiction.

Tradeview Markets 1/10 (votes 2183)
Author of Tradeview Markets: Ganto | Date 2021-06-17
I have been trading with TradeView Markets for five months. Lately, I have always faced negative slippage in my trading. Customer support is getting ignorant, and sometimes hard to call them. Spreads can get higher, and they charge a big commission, which is it's not reasonable. They have slow executions and high spreads. I don't feel satisfied with their service, and trading with them is not profitable anymore. I'm looking for another broker who can provide excellent service for me and beneficial.
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Author of Tradeview Markets: MesatFX | Date 2021-01-14
I am completely satisfied with my cooperation with Tradeview Markets. I opened my live with them account since November. I am using their Currenex platform and never had any objection about their execution and the spreads are fine in view of the commissions I paid to other brokers who offer tighter spreads. I observe that in volatile market they do not make delay in trades execution. Customer support service is just great! I advise you to test Tradeview Markets broker and to convince yourself about the facts I have stated here.
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Author of Tradeview Markets: Chris | Date 2020-11-09
I used my credit card to fund my trading account at Tradeview Markets. The process was fast whenever I deposit money, but now that I am trying to withdraw my profits, the process is taking too long. I have been waiting for week now but the money is still not being transferred. The broker just keeps on telling me to wait for it, so I guess I have no choice but just to wait.
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