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WELTRADE , Tradeview Broker Comparison

Do you want to know which is the better broker between WELTRADE and Tradeview ?

In the table below, you can compare the features of WELTRADE , Tradeview side by side to determine the best fit for your needs.

  • Rating
  • Basic Information
  • Benchmark
  • Account Information
  • Relevant information
  • Relevant exposure
  • Rating
  • Basic Information
  • Benchmark
  • Account Information
  • Relevant information
  • Relevant exposure
 2 / 3   brokers in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Established
Regulatory license
MT4
MT5
Crypto
Deposit and withdrawal method
Benchmark
environment rating
Transaction Speed
Transaction speed rating
Average transaction speed
The highest transaction speed
The highest speed of opening positions
The highest speed of closing position
Slowest transaction speed
The lowest speed of opening positions
The lowest speed of closing position
Trading slippage
Transaction slippage rating
Average slippage
Maximum transaction slippage
Maximum positive slippage
Maximum negative slippage
Transaction Cost
Transaction cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Rollover Cost
Rollover cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Disconnection results
Software disconnection rating
Average disconnection frequency (times/day)
Reconnection time
Account Information
Accounts
Account name
Products
Deposit REQ
Maximum Leverage
Spread of majors
Forced Liquidation Ratio
Spread Types
Minimum Position
Crypto
Lock postition
Scalping
EA trading
WELTRADE
5.74
Regulated
Under guarantee
15-20 years
NBRB,FSC,FSCA
Skrill,VISA/MASTERCARD,Neteller,IDLB,FASAPAY,DIGITAL,PerfectMoney
D
D
862.6
62
62
609
1844
1689
1844
A

EURUSD: 0.3

XAUUSD: 0.4

29
-6
29
D
20.42 USD/Lot
70 USD/Lot
D

Long: -7.5

Short: -2.5

Long: -43

Short: -30

AA
0.3
69.6
Pro,Premium,Micro
--
100 USD
1:1000
from 0.5
10.00
Floating
0.01
--
Tradeview
5.9
Regulated
Under guarantee
--
5-10 years
LFSA,CIMA
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
Innovative Liquidity Connector,X Leverage Account
--
($25,000) Now $1000 until September 30
1:100
From 0 PIPS
0.00
--
0.1 lot
--

WELTRADE 、 Tradeview BrokersRelevant information

WELTRADE 、 Tradeview BrokersRelevant exposure

Which broker is more reliable?

You can determine the reliability and credibility of a broker by checking four factors:

1.Forex broker introduction。

2.Are the transaction costs and expenses of weltrade, tradeview lower?

3.Which broker is safer?

4.Which broker provides better trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

weltrade

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information

WELTRADE Review Summary in 10 Points
Founded 2006
Registered Country/Region Saint Vincent and the Grenadines
Regulation FSCA (exceeded)
Market Instruments forex, Index CFDs, commodities, stock CFDs, metals and digital currencies
Demo Account Available
Leverage 1:1000
EUR/USD Spread Floating from 0.5 pips
Trading Platforms MT4, MT5
Minimum deposit $1
Customer Support 24/7 live chat, phone, email

What is WELTRADE?

Established in 2006, WELTRADE, a trading name of Systemgates Capital Ltd, is allegedly an online CFDs broker incorporated in Saint Vincent and the Grenadines and regulated in Belarus that provides its clients with the worlds most widely-used MetaTrader4 and MetaTrader5 trading platforms, flexible leverage up to 1:1000, floating spreads on various tradable assets, a choice of four different live account types, as well as auto-trading service and 24/7 customer support service. As for regulation, WELTRADE holds an exceeded Financial Sector Conduct Authority (FSCA) license.

WELTRADE's home page

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

WELTRADE has several advantages, such as a variety of trading instruments, flexible leverage options, and a range of account types suitable for traders at different levels. The broker also provides a range of trading platforms and tools, as well as 24/7 customer support.

However, the negative reviews from some customers regarding withdrawal issues and scams are concerning. Additionally, the lack of valid regulatory license may be a cause for caution. Traders should always exercise caution when selecting a broker and conduct thorough research before investing.

Pros Cons
• Negative balance protection • Exceeded FSCA license
• Multiple account types to choose from • Negative reviews and reports of scams
• Flexible leverage options • Clients from the USA, Canada, EU, Belarus and Russia are not accepted
• Low spreads with no commissions
• MT4 and MT5 supported
• Low minimum deposit ($1)
• Multiple deposit and withdrawal methods
• 24/7 customer support

WELTRADE Alternative Brokers

    There are many alternative brokers to WELTRADE depending on the specific needs and preferences of the trader. Some popular options include:

    • CMC Markets - A reliable broker with a long history and competitive pricing.

    • FOREX TB - A broker with a wide range of trading instruments and a user-friendly platform.

    • GMO - A well-known Japanese broker with with a strong focus on technology and innovation.

Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.

Is WELTRADE Safe or Scam?

The fact that WELTRADE is regulated by Financial Sector Conduct Authority (FSCA) in South Africa is a positive point, but the negative reviews from clients are concerning. The negative reviews, including clients saying they are unable to withdraw and accusing WELTRADE of being a scam, cannot be ignored.

The fact that WELTRADE offers negative balance protection is a good thing, but it does not necessarily guarantee the safety of the investment. It is important to exercise caution when investing with any broker, and it is recommended to thoroughly research and gather information before making any investment decisions.

Market Instruments

WELTRADE offers a diverse range of market instruments to trade including Forex, metals, commodities, index CFDs, and CFDs for digital instruments such as Bitcoin, Litecoin, and Ethereum. The Forex instruments include a variety of major, minor, and exotic currency pairs, with competitive spreads and high leverage options available. The commodity markets available to trade include precious metals like gold and silver, as well as energy products such as oil and gas.

Furthermore, traders can also access a variety of CFDs on popular stock indices from around the world. WELTRADE's offering of digital instrument CFDs allows traders to participate in the growing cryptocurrency market with competitive conditions.

Accounts

WELTRADE's account types cater to traders of all levels, with the Micro account being suitable for beginners and the Premium account for advanced traders.

The Micro account has a minimum deposit requirement of $1, making it accessible for those who want to start with a small investment. The Pro account requires a minimum deposit of $100, and it is considered the best choice according to the broker's website. The Premium account requires a minimum deposit of $25,000 and offers additional features and benefits for advanced traders.

It is worth noting that traders should carefully consider their level of experience and investment goals when choosing an account type.

Account type Micro Pro Premium
Minimum deposit $1 $100 $25
Average speed of deal execution from 0.9 second from 0.5 second from 0.8 second
Account currency cents USD / cents EUR USD USD / EUR
Spread Floatingfrom 1.5 pips Floatingfrom 0.5 pips Floatingfrom 1.5 pips
Minimum volume of one order 0.01 lots
Maximum volume of one order 1000 lots 100 lots 100 lots
Leverage 1:33 - 1:1000 1:1-1:1000 1:33 - 1:1000
Margin Call Level 100%
Stop Out Level 10%, 20% for digital instruments
Interest rate / 5% 3.5%
Interest rate No
Trading platform MetaTrader 4 / MetaTrader 5
Automatic trading Yes
Swap

Leverage

Traders holding different account types can enjoy different maximum leverage ratios. Clients on the Micro or Premium account can enjoy flexible leverage ranging from 1:33 to 1:1000, while the Pro account with the leverage of 1:1-1:1000. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads & Commissions

Spreads are influenced by what type of accounts traders are holding. WELTRADE reveals that the spread on the Micro and Premium accounts is floating from 1.5 pips, while the clients on the Pro account can experience floating spreads from 0.5 pips. All charging no commissions. It is important for traders to understand the different spread and commission structures before opening an account with WELTRADE.

Below is a comparison table about spreads and commissions charged by different brokers:

Broker EUR/USD Spread Commissions
WELTRADE From 0.5 pips None
CMC Markets From 0.7 pips None
FOREX TB From 0.5 pips None
GMO From 0.8 pips None

Note: Spreads can vary depending on market conditions and volatility.

Trading Platforms

When it comes to trading platforms available, WELTRADE gives a variety of trading platforms to suit different traders' needs. The popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms are available for download on iOS and Android devices, as well as on desktop and Mac OS. These platforms are well-known in the industry for their user-friendly interface, advanced charting tools, and the ability to support automated trading through the use of Expert Advisors.

In addition, WELTRADE also offers the Web Terminal platform, which is accessible through a web browser, allowing traders to trade from any device with an internet connection.

MT4 and MT5

Overall, WELTRADE's trading platforms are well-designed, user-friendly, and offer a range of advanced features suitable for both beginner and experienced traders. See the trading platform comparison table below:

Broker Trading Platforms
WELTRADE MT4, MT5
CMC Markets CMC Next Generation, MT4, MT5, Stockbroking platform
FOREX TB MT4, MT5, WebTrader, MobileTrader
GMO Z.com Trader, MT4, FXBook Mobile, Z.com Trader Mobile, FXBook Web

Note: This table is subject to change as brokers may add or remove trading platforms over time.

Trading Tools

In addition to its trading platforms, WELTRADE provides traders with some trading tools to assist with their trading decisions. One of these tools is the Trading Calculator, which enables traders to estimate their potential profits or losses on a trade before executing it.

The Economic Calendar is also available to traders, which shows upcoming economic events and releases and their expected impact on the markets. These tools can be useful for traders who want to keep up with the latest market news and make informed trading decisions.

Trading Tools

Deposits & Withdrawals

WELTRADE accepts deposits and withdrawals with credit/debit cards, like Visa and MasterCard Skrill, Neteller, digital currencies, Perfect Money, Indonesia Local Bank, and Fasapay,making it convenient for traders from different countries. The minimum deposit amount depends on the terms of the payment system.

WELTRADE minimum deposit vs other brokers

WELTRADE Most other
Minimum Deposit $1 $100

Deposits via Indonesia Local Bank can be processed in 24 hours, while other deposits are instant. All withdrawal requests are said to be processed within 30 minutes and the broker supports 24/7 withdrawals. More details can be found in the below screenshots.

However, it is important for traders to carefully review the terms and conditions of each payment method, as well as any potential fees or limitations that may apply. More details can be found in the below screenshots.

Deposits
Withdrawals

Customer Service

It is a good sign that WELTRADE offers multiple ways to get in touch with their customer support team, including 24/7 Live chat, phone, email, online messaging, or request a callback. The broker also has a presence on popular social media platforms, including Twitter, Facebook, Instagram and Line, which may be convenient for some traders. It should be noted that the broker is registered in Saint Vincent and the Grenadines, which is not a heavily regulated jurisdiction, so traders should exercise caution and do their due diligence before investing.

Customer Service
Customer Service

Overall, WELTRADE's customer service is considered reliable and responsive, with various options available for traders to seek assistance.

Pros Cons
• 24/7 multi-channel support available • Registered address is shady
• Active presence on social media platforms for easy communication
• Support for multiple languages

Note: These pros and cons are subjective and may vary depending on the individual's experience with WELTRADE's customer service.

Education

WELTRADE offers a range of educational resources to help traders improve their knowledge and skills. The broker provides market news and analytics to keep clients updated on the latest market trends and developments. In addition, WELTRADE offers training and seminars to help traders learn the basics of trading, as well as more advanced strategies. The MetaTrader guide is also available for traders to learn how to use the trading platform effectively. These educational resources can help traders make better-informed trading decisions and improve their overall trading performance.

User Exposure on WikiFX

It is important to exercise caution when investing with any broker, and this includes WELTRADE. It is concerning to see reports of scams and issues with withdrawals from some users. Please be aware and exercise caution when investing. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.

User Exposure on WikiFX

Conclusion

Based on the information available, WELTRADE is a Forex and CFD broker offering a range of trading instruments, account types, and platforms. It has some attractive features such as competitive spreads, a wide range of payment methods, and negative balance protection.

However, there are also some concerns raised by clients regarding withdrawal issues and scams. Additionally, the broker is registered in Saint Vincent and the Grenadines, which is a less regulated jurisdiction compared to major financial centers. Traders should exercise caution and conduct their own research before investing with WELTRADE or any other broker.

Frequently Asked Questions (FAQs)

Q 1: Is WELTRADE regulated?
A 1: No. WELTRADE holds an exceeded Financial Sector Conduct Authority (FSCA) license.
Q 2: At WELTRADE, are there any regional restrictions for traders?
A 2: Yes. Not for residents of the USA, Canada, EU, Belarus and Russia and other not-supported (restricted) countries.
Q 3: Does WELTRADE offer demo accounts?
A 3: Yes.
Q 4: Does WELTRADE offer the industry-standard MT4 & MT5?
A 4: Yes. Both MT4 and MT5 are supportable.
Q 5: What is the minimum deposit for WELTRADE?
A 5: The minimum initial deposit to open an account is only $1.
Q 6: Is WELTRADE a good broker for beginners?
A 6: No. WELTRADE is not a good choice for beginners. Though it seems to offer competitive trading conditions, it lacks legitimate regulation.
tradeview

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

Feature Detail
Registered Country/Region Cayman Islands
Found 2004
Regulation LFSA
Market Instrument Forex, Indices CFDs, Commodities, and Cryptocurrencies
Account Type X leverage account and Innovative Liquidity Connector account
Demo Account yes
Maximum Leverage 1:400
Spread (EUR/USD) Floating around 0.3 pips
Commission X Leverage account: no; Innovative Liquidity Connector account: $5 per lot
Trading Platform MT4, MT5, cTrader and Currenex
Minimum Deposit $100
Deposit & Withdrawal Method bank wire transfers, credit cards, Skrill, Neteller, STICPAY, Fasapay, etc.

General Information

Tradeview is an online ECN broker based in the Cayman Islands, founded in 2004. Tradeview is a regulated brokerage firm operating in the Cayman Islands and regulated in Malaysia.The company offers Straight Through Processing (STP) and holds a full license for MT4/5, providing traders with access to various financial markets. Tradeview allows trading in cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and XRP, as well as major stock market indices and commodities like gold, silver, and crude oil. The brokerage offers two trading account options: the X leverage account and the Innovative Liquidity Connector account, catering to different types of traders.

Tradeview supports multiple trading platforms, including Metatrader 4, Metatrader 5, cTrader, and Currenex. These platforms offer advanced features, charting capabilities, and a wide range of technical indicators. The company also provides a comprehensive trading platform, an economic calendar, and educational resources such as a glossary and financial blogs.

Tradeview offers various payment methods, including bank wire transfers, credit cards, and alternative options. However, there have been concerns raised by customers, including difficulties with fund withdrawals, server errors, suspicious trading practices, and lackluster customer support. Some users have also reported discrepancies in payment methods and fees.

Here is the home page of this brokers official site:

home page

Pros and Cons

Tradeview, a regulated brokerage based in the Cayman Islands, offers a diverse range of market instruments, including cryptocurrencies, stock market indices, commodities, and currency pairs. However, there are some drawbacks to consider. The spread values for trading are not provided in the available information, and there is a lack of detailed information on leverage, margin requirements, trading hours, and specific contract specifications. Additionally, there is limited information on trading fees, commissions, and the features and advantages of certain account types and trading platforms. There have been concerns raised by customers regarding difficulties in withdrawing funds, server errors, abnormal trading practices, and poor customer support. These factors indicate a need for further research and caution before engaging with Tradeview as a trading platform.

Pros Cons
Diverse range of market instruments Spread values not provided in the table
Access to multiple trading platforms Lack of detailed information on the Innovative Liquidity Connector account
Demo account available for practice trading Limited information on account features
Opportunity for traders with limited funds Limited information on the specific features and capabilities of the trading platforms
Wide range of deposit options Bank wire withdrawal fee
No fees for most withdrawal methods Fees for Skrill and Neteller
Reviews highlighting concerns related to withdrawal issues,

Is Tradeview Legit?

Based on the information provided, Tradeview Ltd is regulated by the Cayman Islands Monetary Authority (CIMA) with license number 585163. However, the provided information indicates that Tradeview Ltd has exceeded its business scope regulated by CIMA and has received a risk alert from WikiFX. The alert suggests that Tradeview Ltd is operating with a license that does not cover its current business activities.

regulation
regulation

Market Instruments

Tradeview currently offers investors trading in Forex, Indices CFDs, Commodities, and Cryptocurrencies like Litecoin, Bitcoin, Ethereum, Ripple and more.

Cryptos:

Tradeview offers several cryptocurrencies for trading, including BTCUSD (Bitcoin to US Dollar), BTCJPY (Bitcoin to Japanese Yen), ETHUSD (Ethereum to US Dollar), LTCUSD (Litecoin to US Dollar), and XBNUSD (XRP to US Dollar). These instruments allow traders to speculate on the price movements of various cryptocurrencies.

market-instruments

Indices:

Tradeview provides trading opportunities in different indices such as GDAXI (German DAX 30), NDX (NASDAQ 100), AUS200 (Australian 200), FCHI (French CAC 40), SPXm (S&P 500 mini), and WS30 (Dow Jones Industrial Average). Traders can take positions based on the performance of these stock market indices.

market-instruments

Commodities:

The commodities available for trading on Tradeview include GOLD (Gold), SILVER (Silver), CRUDE (Crude Oil), NGAS (Natural Gas), GOLDEUR (Gold to Euro), and UKOIL (UK Brent Crude Oil). Traders can speculate on the price fluctuations of these commodities

market-instruments

Pros and Cons

Pros Cons
Diverse range of market instruments Spread values not provided in the table
Opportunity to trade popular cryptocurrencies Lack of information on leverage, margin requirements, and trading hours
Access to major stock market indices Limited information on specific commodity contracts
Ability to trade in commodities Limited information on cryptocurrency trading pairs
Wide selection of currency pairs No information on trading fees or commissions

Account Types

There are two trading account options available at Tradeview: the X leverage account and the Innovative Liquidity Connector account. The minimum deposit to open an X leverage account is $100, which sounds quite reasonable for most regular traders to have a try.

Tradeview also offers a free live demo account where users can trade across MT4, MT5, cTrader and CurreneX platforms. Users can learn to trade in real-time, and practice trading strategies with technical indicators while avoiding money risks.

How to Open an Account?

To open an account with Tradeview, follow these steps:

  1. Go to the Tradeview website.

  2. Look for the “Open Account” button on the homepage and click on it.

open-account

3. On the account types page, you will see different options. To start with a demo account, click on the “Demo Account” option. If you want to open a live trading account, proceed to the next step.

4. Select the type of account you want to open. Tradeview offers three options: “Individual Application,” “Joint Account Application,” and “Corporate Account Application.” Choose the one that suits your needs and click on it.

open-account

5. Fill out the basic information form. Provide accurate details such as your name, email address, phone number, country of residence, and desired account currency.

6. Next, you need to choose a trading platform. Tradeview offers several platforms, such as MT4, MT5, cTrader, and Currenex. Select the platform you prefer for trading.

7. Select the currency type for your account. You can choose between USD (United States Dollar) and EUR (Euro).

8. Proceed to fill in the primary account holder information. This includes personal details like your full name, date of birth, residential address, and occupation.

9. Read and review the Individual Agreement carefully. This document outlines the terms and conditions for opening and using an individual trading account with Tradeview. Make sure you understand and agree to the terms before proceeding.

10. Once you have completed all the required information, click on the “Submit” or “Open Account” button to submit your application.

open-account

After submitting your application, Tradeview may require additional documentation to verify your identity and address. This typically includes providing a copy of your identification documents (such as a passport or driver's license) and proof of address (such as a utility bill or bank statement). Make sure to follow any instructions provided by Tradeview to complete the verification process.

Leverage

Leverage differs for each account. For ILC (Innovative Liquidity Connector) accounts, the maximum trading leverage is 1:100 while on X Leverage accounts, it is up to 1:400. The minimum trade size is 0.1 lots on the ILC account and 0.01 lots on the X leverage account.

It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spreads & Commissions

All spreads with Tradeview are a floating type and scaled with the asset class. For example, the EUR/USD spread is floating around 0.3 pips. There is no commission on the X Leverage account, while the Innovative Liquidity Connector account has to pay a commission of $5 per lot.

Trading Platform

Traders are free to choose from four different trading platforms, Metatrader4, Metatrader5, cTrader, and Currenex, depending on their trading experience and trading needs.

Tradeview offers four trading platforms to choose from: Metatrader 4, Metatrader 5, cTrader, and Currenex. These platforms provide traders with advanced tools and features to enhance their forex trading experience.

Metatrader 4 (MT4) is a widely recognized platform in the forex industry. It offers a user-friendly interface, extensive charting capabilities, and a wide range of technical indicators. Traders can execute trades, set up automated trading strategies, and access a vast marketplace of third-party plugins and expert advisors.

Metatrader 5 (MT5) is the successor to MT4 and offers enhanced features and functionality. It provides an improved trading environment, additional order types, advanced analytical tools, and more options for customization. MT5 also allows traders to access various financial markets, including cryptocurrencies.

cTrader is a powerful and innovative trading platform known for its advanced order execution capabilities and comprehensive charting tools. It provides direct market access (DMA) and enables traders to execute trades quickly. cTrader also offers a range of features such as depth of market (DOM), detachable charts, and customizable layouts.

Currenex is a platform designed specifically for institutional and professional traders. It offers deep liquidity, fast order execution, and advanced trading tools. Currenex provides access to a wide range of currency pairs and allows for high-volume trading.

trading-platform
Pros Cons
User-friendly interface of MT4 and MT5 Limited information on the specific features and capabilities of the platforms
Extensive charting capabilities on MT4 and MT5 No information on the features and advantages of cTrader and Currenex
Access to a wide range of technical indicators on MT4 and MT5 Lack of details on the execution speed and order types offered by each platform
Availability of third-party plugins and expert advisors on MT4 Limited information on the customization options and tools provided by each platform
Direct market access and advanced order execution on cTrader Insufficient information on the platform's compatibility with different devices and operating systems
Currenex platform tailored for institutional and professional traders No information on the pricing structure or fees associated with using the platforms

Trading Tools

Tradeview offers two trading tools that provide valuable features and functionality for traders. These tools are designed to assist traders in making informed decisions and executing their trading strategies.

Trading Platform: Tradeview provides a comprehensive trading platform that allows traders to access various financial markets and instruments. The platform offers a user-friendly interface with advanced charting capabilities, real-time market data, and a range of order types for executing trades. Traders can analyze price movements, monitor positions, and implement trading strategies directly from the platform. The trading platform is accessible on desktop computers, as well as mobile devices, enabling traders to stay connected to the markets at all times.

trading-tools

Economic Calendar: Tradeview offers an economic calendar, which is a vital tool for traders to stay updated on important economic events and their potential impact on the financial markets. The economic calendar provides a schedule of upcoming economic indicators, such as GDP releases, interest rate decisions, employment reports, and more. Traders can use this information to anticipate market movements, identify trading opportunities, and manage their risk accordingly. The economic calendar offered by Tradeview is comprehensive and provides relevant data for various regions and countries.

trading-tools

Pros and Cons

Pros Cons
Comprehensive trading platform Limited information on contract specifications
User-friendly interface Lack of information on trading fees
Advanced charting capabilities Limited availability of trading tools and indicators
Real-time market data Limited customization options for the trading platform

Trading Hour

Tradeview opens on Sunday at 5 pm EST and closes on Friday at 4:55 EST. Each market is subject to specific trading hours. Forex, Indices and commodities markets are open 24/5 from Monday to Friday. Trading hours for each market can also be viewed on MT4 and MT5 platforms.

Deposit & Withdrawal

Tradeview supports bank wire transfers, credit cards, Skrill, Neteller, STICPAY, Fasapay, and many other deposit and withdrawal methods.

Note that losses can exceed the initial amount invested. Third-party payments will NOT be accepted. All deposits MUST be from the original account owner.

Withdrawals are only released via the same method in which the payment was originally submitted. Tradeview does not charge fees for withdrawals. However, a hefty $35 is charged with the bank wire option and a 1%-1.5% fee for Skrill and Neteller. To submit a request for withdrawals, users have to complete a form on the website with supporting documentation.

Deposit & Withdrawal
Deposit & Withdrawal

Educational Resources

Tradeview offers some educational materials in the form of a glossary list. They also have a website called Surf Up!, which is dedicated to educating about the FX market. The website is updated with daily news and regular financial blogs.

Trading Hours

Tradeview operates during specific trading hours, which are as follows: The trading week starts on Sunday at 5 pm EST and ends on Friday at 4:55 pm EST. The Forex, Indices, and commodities markets are open 24 hours a day, five days a week, from Monday to Friday. For more detailed trading hour information, users can refer to the MT4 and MT5 platforms provided by Tradeview.

Customer Support

Tradeview provides customer support services through various channels. Traders can reach out to their customer service desk 24/5 via instant web chat. Additionally, there is a 'contact us' form available for submitting inquiries, and the support team responds to these queries via email. For direct assistance, traders can contact Tradeview by telephone at the provided numbers. Tradeview is also active on popular social media platforms such as Facebook, Twitter, LinkedIn, and Instagram. Their physical address is located at 4th Floor Harbour Place, 103 South Church St, PO Box 1105.

customer-support

Reviews

The reviews on WikiFX about Tradeview suggest several concerns and issues raised by customers. One user reported difficulties in withdrawing funds, encountering server errors, and expressing suspicions about the legitimacy of the platform. Another user mentioned experiencing forced liquidation and losses due to abnormal quotations and insufficient margin. Additionally, a customer complained about the broker converting their EURO deposit to RUB without their knowledge and the lack of response from customer support. Another review accused Tradeview of charging BitPay fees but paying clients via Uphold, resulting in delayed transactions and potential losses. Finally, a customer claimed that Tradeview took several days to process their BTC transaction, charged BitPay fees despite using Uphold, and suggested the company intentionally delayed transactions when the Bitcoin price was rising. These reviews highlight concerns related to withdrawal issues, abnormal trading practices, poor customer support, and potential discrepancies in payment methods and fees.

deposit-withdrawal

Conclusion

In conclusion, Tradeview has both advantages and disadvantages to consider. On the positive side, Tradeview offers a diverse range of market instruments, including cryptocurrencies, stock market indices, and commodities, providing traders with various trading opportunities. They also offer multiple trading platforms, such as Metatrader 4, Metatrader 5, cTrader, and Currenex, each with its own set of features. Additionally, Tradeview provides educational resources to help users learn about the FX market. However, there are several concerns raised by customers, including difficulties with fund withdrawals, server errors, suspicions about the platform's legitimacy, forced liquidation, and potential discrepancies in payment methods and fees. It is important for potential traders to carefully evaluate these factors before deciding to engage with Tradeview.

Frequently Asked Questions (FAQs)

Q 1: Is Tradeview regulated?
A 1: Yes. It is regulated by LFSA.
Q 2: At Tradeview, are there any regional restrictions for traders?
A 2: Yes. The services and products offered by Tradeview are not being offered within the United States (US) and are not being offered to US Persons, as defined under US law. The information on this website is not directed to residents of any country where FX and/or CFD trading is restricted or prohibited by local laws or regulations.
Q 3: Does Tradeview offer demo accounts?
A 3: Yes.
Q 4: Does Tradeview offer the industry-standard MT4 & MT5?
A 4: Yes. Tradeview supports MT4, MT5, cTrader and Currenex.
Q 5: What is the minimum deposit for Tradeview
A 5: The minimum initial deposit to open an account is $100.
Q 6: Is Tradeview a good broker for beginners?
A 6: Yes. Tradeview is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions on the leading MT4 and MT5 platforms. Also, it offers demo accounts that allow traders to practice trading without risking any real money.

Are the transaction costs and expenses of weltrade, tradeview lower?

To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).

To get a comprehensive understanding of how cheap or expensive weltrade and tradeview are, we first considered common fees for standard accounts. On weltrade, the average spread for the EUR/USD currency pair is from 0.5 pips, while on tradeview the spread is From 0 PIPS.

Which broker between weltrade, tradeview is safer?

To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.

weltrade is regulated by NBRB,FSC,FSCA. tradeview is regulated by LFSA,CIMA.

Which broker between weltrade, tradeview provides better trading platform?

When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.

weltrade provides trading platform including Pro,Premium,Micro and trading variety including --. tradeview provides trading platform including Innovative Liquidity Connector,X Leverage Account and trading variety including --.

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