The trading industry is one of the most competitive in the world. Given the fierce competition, only those with the most appropriate skill, discipline, and consistency in active trading gain the most profit.
To be successful when trading the forex market, you need the right tools, and this includes a reliable charting platform.
Our experts are familiar with the great disadvantage you’ll face without these tools. To save you time, frustration, and money, our experts found a reliable charting platform that can help you achieve success in trading.
Introducing TradingView—a charting software that combines industry-grade indicators with exclusive trade ideas.
This TRU Insight provides a comprehensive review of TradingView’s pricing, features, and benefits.
With over a decade of experience examining trading platforms and reviewing brokers, our experts are here to help you make the most well-informed decision in using TradingView.
TradingView in a Nutshell
Based on our experts’ experience, TradingView is undoubtedly one of the best charting platforms on the market.
Given its fast, powerful, and easy-to-use platform, the software is a reliable tool used by over 100 million traders worldwide.
If you’re an active and serious day or swing trader, our experts recommend trying TradingView Essential or Plus.
What is TradingView?
Founded in 2011, TradingView is a technical analysis charting platform designed for active traders.
Its founders—Denis Globa (CEO), Constantin Ivanov (CTO), and Stan Bokov (COO)— initially created MultiCharts, a desktop software designed for professional traders.
After achieving success with the platform, they wanted to create a web-based version that retail traders could easily use, provided they had an internet connection.
They also wanted to integrate social features that would allow users to interact with and learn from one another while trading. Hence, the inception of TradingView.
The charting software allows traders to predict and profit from short-term price movements. It offers several trading strategies, each with its own unique set of technical indicators.
TradingView covers more than 3,500,000 instruments globally, including:
- Stocks
- ETFs
- Futures
- Forex
- Cryptocurrency
What makes the charting software popular is its ideal combination of flexibility and customization with functionality and ease of use.
After looking at user reviews, our experts found that the platform received a 4.9-star overall rating from more than one million users worldwide.
TradingView Accounts and Plans
TradingView offers four main plans, namely Free, Essential (formerly Pro), Plus (formerly Pro+), and Premium. Higher plans unlock more features compared to more basic plans.
To help you understand their differences, our experts provided the following chart for easy comparison:
| Feature | Free | Essential | Plus | Premium |
| Monthly Cost | $0 | $16.95 | $33.95 | $67.95 |
| TradingView Chart | 1 | 2 | 4 | 8 |
| Indicators per Chart | 2 | 5 | 10 | 25 |
| Price Alerts | 5 | 20 | 100 | 400 |
Unlike the Free TradingView account, the Essential, Plus, and Premium accounts have bar replays, no ads, and unlimited watchlists.
Besides these plans, our experts discovered two more “professional” plans that are of higher tiers above the Premium plan: Expert and Ultimate.
Below is a comparison of these two accounts:
| Feature | Expert | Ultimate |
| Monthly Cost | $199.95 | $239.95 |
| TradingView Chart | 10 | 16 |
| Indicators per Chart | 30 | 50 |
| Price Alerts | 600 | 1,000 |
Based on our experts’ testing, both accounts offer bar replays, no ads, and unlimited watchlists.
If you want to save, each subscription level is available for 16% off, which is equivalent to 60 days free.
TradingView Features
After carefully reviewing the charting software, our experts listed the following notable features of TradingView:
Charting and Technical Analysis
According to our experts, the primary advantage for which TradingView is recognized is its unmatched charting capabilities.
Despite its sleek design, TradingView charts offer functionality, simplicity, and versatility. These features are the reason why the software garnered 100 million users.
When it comes to the software’s analysis tools, our experts note the following advantages:
- Over 400 built-in indicators
- Over 100,000 community-built indicators
- Over 100 drawing tools
- Over 20 TradingView chart types
- Over 20 timeframes
Based on our experts’ testing, you can draw anything on more than 350,000 securities listed on over 150 exchanges from more than 50 countries globally.
Bar Replay
Besides TradingView charts, bar replay is another feature that our review experts found particularly useful after accessing the TradingView login. With bar replay, you can practice trading on actual charts in any timeframe.
This helps you become more familiar with the platform and scan thousands of practice trades in a fraction of the time it takes during live trading.
According to our experts, it allows you to fast-forward until you find a trade setup that interests you.
Screeners and Heatmaps
TradingView is also popular because of this feature. Day traders use screeners and heatmaps to filter a multitude of securities when looking for trade ideas.
For this feature, TradingView offers six main screeners to cover major asset classes:
- Stock
- Stock 2.0
- Forex
- Crypto Pairs
- Crypto Coins
- ETFs
Besides these, TradingView also offers Technical Rating, ranging from Strong Sell to Strong Buy. You can identify this by calculating the average of 13 individual indicators.
Social Networking
TradingView is not only a charting platform, but it is also a community of traders. Using the Community tab, our experts found the following benefits and activities that traders can do:
- Follow and message other traders
- Like, comment, save, and share posts
- Search trade ideas
- Community learning (i.e., educational content, live streams, and scripts)
The community feature of TradingView also provides a platform for several trending ideas to emerge as potential trades.
In addition, the charting software is now expanding its community of partners with the addition of GO Markets, a new multi-regulated online brokerage.
Other Features
Once you download TradingView, you can also benefit from a lot more features. Our experts note the following other features that make paying for the software worthwhile:
- Alerts set at preferred key price levels
- Fundamental stock data
- Custom scripting
- Broker connections
- Chart exports
- Paper trading
- Backtesting
- Global news
Each of these features is designed to enhance your trading experience and achieve what the founders initially intended TradingView to be: a social-filled trading experience.
Is TradingView Worth the Price?
After testing the software, our traders highlighted that TradingView is popular for several reasons that they verified. The software strikes a balance between functionality and simplicity.
In general, our experts note that TradingView offers a powerful and user-friendly platform that enhances trading success through advanced tracking.
Another way to look at it is that many people trust the service, and it garners an outstanding 4.9 rating from over a million users. TradingView presents a necessity for advanced charting tools to enhance trading success.
Technical analysis is a significant aspect of trading, so our experts are confident that TradingView can provide traders with what they need in terms of this form of analysis.
If you’re still unsure whether TradingView is for you, talk to our professional traders at CommuniTrade. Gain insights into the benefits of downloading the TradingView app and learn how to use it properly to earn the most benefit from your trading analysis.
Frequently Asked Questions (FAQs)
Is TradingView Better than Sierra Chart?
Considering its social trading feature, impressive customer support, and robust trading community, TradingView undoubtedly stands out better than Sierra Chart—it’s major competitors.
However, this doesn’t mean that Sierra Chart falls short in functionality. Its proprietary programming language (Advanced Custom Study Interface and Language) enables users to develop their own indicators for more personalized trading systems and strategies.
Read More: Sierra Chart Review in 2025: Is SC Still Worth It? – TradersUnited
Can You Make Money on TradingView?
Yes, you can earn money with the software’s Partner Program. Becoming an affiliate partner of TradingView can help you earn cash by promoting a product that your followers will love.
Is TradingView Legit?
Yes! TradingView is a legitimate platform trusted by over 60 million users worldwide. It is well known for its advanced charting tools and market analysis capabilities.
What are Some Disadvantages of TradingView?
Based on our experts’ research, some cons related to using the charting software include:
- Lacks customer service
- Unavailable features unless subscribed to higher plans
- Few compatible brokerage companies, especially for trading equities
- Lacks focus on ETFs
- Serious traders need to upgrade
- Overwhelms new traders with the number of features
Learn Real TradingView Experiences at CommuniTrade
Overall, TradingView is an excellent platform for your charting and social networking needs in forex trading. Because of its features, it is considered one of the most popular investment tools.
Regardless of which plan you choose, TradingView offers unique benefits to help investors of all types.
If you are seeking more proof before investing in the charting software or want an alternative that is lower cost or free, talk to our experts at CommuniTrade.
CommuniTrade is TRU’s verified online trading platform. It offers you exclusive access to trading tools and resources to help you make the most out of your swing or day trading experience.
Join millions of subscribers now and unlock your trading potential. Make well-informed decisions guided by professionals in the field at CommuniTrade.
