Trading is all about identifying the future movement of the asset. That’s why having a
Monitoring or charting the asset price action is critical for your market safety and profitability. After all, trading is all about identifying the future movement of the asset.
However, before all that, you should have a highly capable trading platform—one that allows for intensive charting, provides a live and simulated market environment, and supports complex analyses with various charting indicators.
Enter Sierra Chart—a trading platform dubbed the TradingView Killer. Its advanced charting tools and indicators, competitive fees, and C++-based ASCIL interface make this charting platform ideal for both beginners and expert traders.
Our TRU experts used, tested, and traded with hundreds of trading platforms to help you find the best one for your trading needs. Read on to discover whether Sierra Chart is a snug fit for your trading system.
Quick Overview of Sierra Chart
Developed in Cheyenne, United States, in 1996, Sierra Chart is one of the first charting platforms specifically designed for retail or individual traders. As reviewed by our experts, “behind its Jurassic-like website UX is its comprehensive and advanced charting capabilities.”
Through this charting platform, traders and market watchers can monitor and chart multiple trading instruments, including indices, US stocks, cryptocurrencies, futures, and forex pairs.
To cater to new traders, Sierra Chart offers demo trading access. This way, they can be familiarized with the platform and the market without risking their capital. However, this also adds value to those experienced traders who want to backtest their strategies in a simulated environment.
Read More: TradersUnited – Why New Traders Should Demo Trade First?
However, we are all aware that many charting or trading platforms offer similar features and benefits. So, how does Sierra Chart remain competitive in this saturated market?
It’s by ensuring a high level of charting experience with relatively low costs and a friendly fee structure for its users.
Sierra Chart Review: Everything to Know About Sierra Chart Software
Now, let’s dive deeper into the findings of our TRU experts. They have tested, used, and traded with Sierra Chart to verify if it lives up to its claim of being a highly capable charting software with competitive pricing.
Read on and explore Sierra Chart’s regulations, pricing structure, available charting tools, and supported brokers.
Sierra Chart Regulation
Sierra Chart is a charting software that provides traders and brokers with charting capabilities to monitor the market.
As it doesn’t facilitate actual trading activities nor provide investment advice to users, Sierra Chart is not subject to regulatory requirements or compliance with regulatory authorities.
However, our experts reported that the platform mandates all its users to comply with the regulatory requirements of its third-party partners. This includes its broker and other service providers in conjunction with Sierra Charts.
Sierra Chart Advanced Charting Tools
Similar to other charting platforms available on the market, Sierra Charts offers a comprehensive suite of advanced charting tools. This commitment reflects the platform’s promise to provide users with resources for highly capable charting experiences.
Here are some of the charting tools and alerts that you can use for free in Sierra Charts:
- Bar Charts
- Candlestick Charts
- Line Charts
- Renko Charts
- Point and Figure Charts
- Market Profile Charts
- Volume Profile Charts
- Subgraph Alerts
- Volume-by-Price Studies
- One-Cancels-Other (OCO) and Order-Sends-Order (OSO)
Read More: TradersUnited – Uncommon Forex Trade Orders You Should Know
Aside from these, our experts noted that the integration of ACSIL (Advanced Custom Study Interface and Language) enables users to develop or customize their indicators or studies for a more personalized trading experience.
Sierra Chart Pricing
Sierra Chart’s pricing structure stands out compared to TradingView, its primary competitor.
Here’s the price structure comparison between Sierra Chart and TradingView.
| Factors | Sierra Chart | TradingView |
|---|---|---|
| Available Plans | 5 plans | 6 plans |
| Average Price | USD 50 | USD 79.79 |
| Cheapest Price | USD 26 | USD 0 (free trial) |
| Most Expensive Price | USD 56 | USD 239.95 |
Despite not having a free trial account, Sierra Count allows you to access top-notch charting capabilities for as little as USD 26. Additionally, you can enjoy a full Sierra Chart experience for only USD 56.
To put it in perspective, this full-suite access would cost you USD 239.95 per month for TradingView.
Sierra Chart-Supported Brokers
In terms of accessibility and compatibility with other brokers, Sierra Chart is integrated with 22 international brokers. Specifically, this includes the following online brokers.
| Amp Future Trading | High Ridge Futures | TradePro | Discount Trading |
| Ironbeam | Zaner | Sweet Futures | PhillipCapital |
| GFF Brokers | Deep Discount Trading | Trade Futures 4 Less | Insignia Futures & Options |
| Edge Clear | Optimus Trading Group | Advantage Futures | Stage Five |
| Doorman Trading | ClickFutures | Emini Futures Broker | AGN Futures |
| Canon Trading | ApexFutures |
Aside from brokers, Sierra Chart is also integrated into various educational materials, tools, and signal providers. This includes Trading Order Flow, Trading Research, Impossible Bot, and PriceSquak, among others.
Sierra Chart User Reviews
Beyond our expert reviews, it’s also critical to consider the first-hand experiences of Sierra Chart users. Hundreds of TRU members in CommuniTrade reviewed Sierra Charts. Here’s the overview of what they’re saying about the Sierra Chart platform:
| What They Liked | What Needs to Be Improved |
|---|---|
| Low fee structure | Outdated platform |
| Comprehensive and advanced charting tools | No lifetime or annual payment |
| Easy to Use ACSIL (Advanced Custom Study Interface and Language) | Unfriendly customer service |
Want to get real Sierra Chart reviews from verified traders? CommuniTrade connects you to thousands of online traders worldwide. With our verification process, rest assured that all reviews on our platforms are reliable and credible.
Trading Platform Vs. Charting Platform
It’s a pretty common occurrence to interchange a trading platform for a charting platform, or vice versa. However, knowing the difference between the two is integral to ensuring you’re using the right platform for your trading needs.
The primary difference between trading platforms and charting platforms is the scale of your trading activity.
A trading platform allows you to do everything you need to execute a trade efficiently. From charting and monitoring to setting up orders and managing trades, a trading platform acts as your command center.
Meanwhile, a charting platform is designed specifically for chart monitoring. It’s the platform you use if you only want to watch the market using various indicators and tools, or if you want to demo trade.
Here’s how trading platforms and charting platforms overlap:
- A trading platform integrates charting solutions or software into its backend system.
- A chart platform can only be considered a trading platform if it’s integrated with a broker’s system.
Frequently Asked Questions
How to Connect APEX to Sierra Chart?
First things first, you need to have an integrated package to connect APEX (Rithmic) to Sierra Chart. Integrated packages start at USD 36 per month.
If you’re already using a Sierra Chart integrated account, follow these steps:
- Log In to RTrader Pro and Select Apex (not Rithmic Paper Trading)
- Open Sierra Chart and Go to Data/Trade Service Settings
- Select Rithmic from the selection
- Enter your login credentials (trading name and password)
Once done, your Sierra Chart will be connected to your account.
What Other Indicators Does Sierra Chart Have?
Aside from the industry standard and your ACSIL custom-made indicators, you can access 15+ Sierra Chart proprietary charting indicators. These prop indicators focus on asset momentum, price volatility, market internals, and structure.
Is Sierra Chart Still Worth It in 2025
Sierra Chart is considered one of the oldest charting platforms out there. However, despite its interface being comparable to a Jurassic platform, its low cost, advanced charting tools, and ACSIL development make Sierra Chart retain its value for retail traders.
However, TRU members on CommuniTrade reported frustration with its unfriendly customer service representatives. They also noted that Sierra Chart should update its platform and offer lifetime subscriptions to enhance the user experience.
Want to get more trading platform reviews from our CommuniTrade members? Join CommuniTrade today—you can register for FREE!
