TradingView is a trading platform, designed especially for people who trade in different financial markets, and for investors with knowledge of technical analysis. It is a financial tool that is widely used around the world and has numerous users. Moreover, it could be considered a complete trading tool with many functions integrated into its interface.
In this article, we are going to focus on the best TradingView alternatives, which can satisfactorily supply the main features of this software. But, to carry out this analysis, we will divide it into different aspects in order to better segment each of the platforms that we will present later.
In other words, we will present TradingView’s competitors according to their use and focus. That is, the best software for chart analysis or the best stock screener, the best tools to get investment ideas, and trading signals, or have a community section where you can share information. We will also show the best options as trading platforms and, finally, the best TradingView alternative for backtesting strategies. So, read on to find out all this relevant and quality information.
- Product Name: TradingView.
- Product Type: Trading platform.
- TradingView Main Features: Screener (Stocks, ETFs, Forex, Crypto, Bonds,…), Economic Calendar, Trading Ideas and Community, Market News,…
- Industry: Financial services.
- Company Name: TradingView Inc.
- Founded Date: 2011.
- Founders: Denis Globa, Konstantin Ivanov and Stan Bokov.
- Headquarters: New York, United States.
- Area Served: Worldwide.
- Current CEO: Oleg Mukhanov.
- URL: https://www.tradingview.com/
Table of Contents
The Top TradingView Alternatives
1- Chart Analysis and Stock Screener
The first point of comparison to find the best TradingView competitor are those programs that focus mainly on the analysis of charts in different markets or that are considered especially screener of shares, that is, that show all the relevant information to users to find new investment opportunities, as it could be the market capitalization of an asset, the price-earnings ratio and so on.
Finviz
Finviz is a tool that has gained a lot of popularity in recent years, mainly because of its intuitive and user-friendly design, as well as being a complete tool for different uses. Like TradingView, Finviz is a financial analysis software that provides its users with resources to perform technical or fundamental analysis within its platform.
Finviz offers users who are interested in acquiring this analysis platform 2 different types of accounts.
A free account, with which you have access to the basic functions of Finviz, which include the heat map of stocks and the heat map of the stock exchanges of different countries to have detailed information segmented by sector or by a specific period. It has a section with the most important news of the moment, to be informed at all times. The values of the most important assets in the market and different indicators.
In addition, it offers an elite account, which is paid, with which you have access to a section with all the values quoted at the moment in real-time. You will be able to access backtesting, and you will have more advanced statistics on each of the available assets. It is certainly a good alternative to TradingView if your goal is to analyze different charts.
Main Features of Finviz:
When you purchase one of the Finviz plans, you will have access to the following tools:
- The most relevant news of the moment: A section with the most important news that is happening at the moment. This way you will be informed at all times to make a trade.
- Stock Screener: Information on the main stocks in the market, such as their price, volume, and market capitalization.
- S&P 500 heat map: With this option, you can access the heat map that shows you in a simple way which are the best-performing stocks in the United States.
- Global heat map: This shows you which stocks are performing best, segmented by country and continent.
- CEO Movement: You can observe the decisions made by the different CEOs with the shares of their companies, which is a good indicator of making operations.
SeekingAlpha
SeekingAlpha is a TradingView alternative and special platform as it works as an investment analysis tool powered by the power of Crowdsourcing. This means that it relies on collective knowledge to provide reliable and truthful information that can then be used by other people or investors.
This is software with many users who constantly feed the page with their own opinions and analyses. It consists of a free version, with which you can access a large part of the information offered, but with a limit on the number of articles you can read. And a paid version, with which you have unlimited access to all the information offered on the platform.
Main Features of SeekingAlpha:
- Stock analysis: offers numerous analyses of different stocks of companies around the world, from trends to projections into the future.
- News: Provides a section where the latest news is communicated in relation to the different markets, which may have an impact, either negative or positive, on asset values.
- Forums: It has an exclusive area where you can discuss and comment with other users their opinions on different topics, such as prices, trends, predictions, and so on.
- Investment tool: It has the possibility of creating investment portfolios within the platform to have control of your investments at hand.
Investing.com
Investing.com is a platform that was born in 2007 and is presented as a good alternative to TradingView. This platform has a good amount of simultaneous daily users due to the usefulness of its functions, and this software provides its users with real-time news, which allows them to be aware of any event that may affect the price of their assets. In addition, it has real-time quotes of different instruments, which makes it an important tool if you want to find good investment opportunities at the right time.
This platform has 2 different types of accounts, which are the free account and the paid account. The free accounts allow users to make use of the main options in a basic way and with some advertising in between. The InvestingPro+ accounts, which are paid accounts, offer different types of payments (monthly, yearly, or every 2 years), and in addition to offering ad-free features, allow for a little more in-depth analysis thanks to features unique to these accounts.
Main Features of Investing.com
Investing.com has several comprehensive features that make it a great choice over any competitor in the market:
- This software offers detailed data and information to its users on any asset of interest, be it cryptocurrencies, indices, futures, commodities, stocks, currencies, ETFs, funds, bonds, options, or interest rates.
- It has a news section where users can find out about events happening at the moment, which can be reflected in the value of assets, which is a great investment opportunity.
- It provides an analysis section where you can find different opinions and comments from different experts in each area, which can be considered valuable information when entering a market.
- It has powerful charts that allow users to perform technical analysis on different assets to find the best opportunities in the market. In addition, it has an important number of indicators and analysis tools.
- Even so, it has within its platform multiple tools that can help and facilitate the activity that is carried out within the same, such as calendars or calculators.
- It also has an education section where users can access and learn from other traders to improve their strategies and ways of trading.
Benzinga Pro
This is software that has a whole system of information to perform accurate and fast analysis to make timely decisions. Benzinga Pro is a TradrigView competitor that has many users who benefit from the new system it offers, the audio tools it provides to inform the user at all times, and it offers a complete alert system so that no opportunity is missed.
Benzinga Pro has 3 plans available: the Basic, Essential, and Streamlined plans. With the basic plan, you would have access to the basic functions of the platform, where you would be able to see the news of the moment, alerts, and relevant articles. With the essential plan, you will unlock some newsletters that will give you access to exclusive information and trading opportunities. The Streamlined plan has advanced access to every feature, including audio alerts and advanced news feeds.
Main Features of Benzinga Pro:
- Access to real-time news feeds that can be filtered according to category, queue, and so on.
- Real-time alerts of the news of your interest, directly to your email, or to your desktop.
- Instant trading signals so you don’t miss any investment opportunities.
- Sentiment indicator to understand the variation in the value of an asset and predict its behavior.
- Audios with signals by knowledgeable traders so you don’t waste time reading the information you need.
2- For investment ideas, trading signals, and access to the user community
Other alternatives to TradingView are those software programs that specialize in offering trading signals or providing new investment options. We can even include those platforms that have community sections where you can share opinions and comments on investment-related topics. In this section, we will focus on 2 options, Trade Ideas and TrendSpider.
Trade Ideas
Trade Ideas is an ideal platform for traders who are mainly involved in day trading. This software has collected a significant number of users and is positioned as a good TradingView competitor. With this tool it is possible to find good investment opportunities by providing valuable information in real-time, allowing you to make trades at the right time in order to make significant profits.
There are 3 plans available from Trade Ideas to make use of its features. The first is Free Flow, which is the free account offered by this software, where you can find alerts, different indicators, charts, and stock racing. Then there is the Paddle-in plan, which offers real-time data, up to 10 simultaneous on-screen charts, a trading app, and customizable layouts. There is the Momentum Master plan, which features AI-analyses signals and data and a backtesting platform only for those who purchase this plan.
Main Features of Trade Ideas:
- Discovering opportunities: TradeIdeas offers a wide range of tools to identify potential investment opportunities. Its artificial intelligence-powered signal system provides customized alerts based on a variety of criteria.
- Visualization and charting: Provides highly customizable visualization and charting tools. Users can adjust time frames, chart styles, and chart types and add a variety of technical indicators.
- Workflow and user interface: TradeIdeas offers an interface where users can create multiple strategy windows, customize complete quotes, set sound and color alerts, and organize their watch lists.
- Trade execution and integration: Integrates a variety of brokers to facilitate trade execution. In addition, the platform offers one-click trading and order management functions.
- Learning and Exploration: The platform includes more than 20 pre-configured trading templates, a library of scans, and backtesting tools to evaluate strategy performance. It even provides a variety of educational resources to help traders improve their skills.
TrendSpider
TrendSpider is a trading tool that is mainly characterized by the inclusion of artificial intelligence to greatly enhance the users’ trading strategy. This software has gained a good reputation for having the reputation of being created by traders and for traders. It is a good option to find investment opportunities and share your knowledge with others.
It has 3 payment plans to start using its functions. The cheapest is the Standard plan; with this account, you can receive real-time alerts, access to the app and strategy development, and an email and chat support system. Then there is the Enhanced plan, with which you can receive real-time future data, a training session, and an AI strategy lab section. Finally, there is the Advanced plan, with which you receive the ability to buy pro data, variance testing, and export data.
Main Features of TrendSpider:
TrendSpider has 5 main features that we will briefly describe below:
- Analyses charts and data: It provides a tool to delve into the technical and fundamental analysis of different markets. It has a wide range of indicators, patterns, and historical data to make more informed decisions.
- Trading ideas: TrendSpider uses advanced algorithms to identify potential trades that match your trading strategy.
- Strategy backtesting: This allows you to evaluate a trading strategy and make adjustments, if necessary, by showing how that strategy would perform using historical data.
- AI modeling: Create customized artificial intelligence models that can analyze large amounts of data and predict future market behavior, without the need for programming skills.
- Automated order execution: TrendSpider allows you to execute your orders automatically, which helps you to take advantage of market opportunities in real-time, even when you are not in front of the screen.
3- As a trading platform
Another approach we will take to determine the best TradingView alternative is software that works well as a trading platform. That is, their interface and functions for opening, modifying, or closing orders work well and are pleasant for the average user. In this case, we will focus on 5 platforms that are the most popular in the market.
MetaTrader 4 / 5
MetaTrader 4 and 5 are 2 of the most popular trading software used by users to trade futures, forex, or CFDs. They are renowned for maintaining a simple interface to be understood by users of all levels of knowledge. And for having useful tools and resources for the average trader.
These MetaTrader software packages do not have paid versions per se, beyond commission and other trading fees. But, in order to be able to use it, it is necessary to register with a broker that offers MetaTrader as a trading tool. This is certainly a good tradingview alternative free. However, it is also possible to find brokers that offer premium versions of MetaTrader with some advanced features, but it depends entirely on external causes.
Main Features of MetaTrader 4/5:
There are specific features by which MetaTrader 4 and 5 stand out from other trading tools:
- User-friendly interface: Like TradingView, MT4 or MT5 offers simple and convenient interface that allows it to be used by users of varying levels of knowledge has allowed it to become as widely used as it has.
- Powerful charts: These tools have trading charts with technical analysis tools, with which you can develop analysis with comfort and accuracy.
- Demo accounts: MetaTrader offers its users demo accounts so that they can try out the functions and options within the platform before depositing money into it.
- Education and community: One of the most prominent resources is access to education within the platform and a community of users willing to offer help and give their opinions on possible investments.
- Backtesting: It could not be missing in such a complete tool, an option to test the efficiency of a strategy using historical data. MetaTrader backtesting allows you to have clear ideas before applying a trading strategy.
cTrader
This TradingView alternative is a powerful trading software that is characterized by being friendly to less experienced users or new to the industry. cTrader was created in 2011 and since then has been growing in number of users as well as popularity. It has a comprehensive set of tools to perform market analysis and improve trading strategies.
Like the previous option, cTrader can be obtained for free through different brokers that offer within their services the use of this tool as a resource for trading on different markets. It can be used by brokers such as Pepperstone, IC Markets, FxPro, and others.
Main Features of cTrader:
- Web-based platform: Unlike other trading software, this platform is hosted on the web, which means that it does not need to be downloaded as an application to be used on different devices but can be operated from any browser.
- Fast execution of orders: One of the most important features of this platform is the fast execution of orders, being one of the fastest in the market, which has made it gain popularity by understanding the needs of users.
- Charts: It has many charts with powerful options and resources to be able to make technical analyses with clarity.
- Transparent quotes: A significant advantage that cTrader offers over other options is the transparency that their product offers by providing quotes that come directly from the liquidity providers in the market. This allows them to offer the best prices available when trading.
NinjaTrader
NinjaTrader is another trading software that is widely known in the market and can be considered an excellent alternative to TradingView. Unlike the previous 2 options, NinjaTrader offers brokerage services as well, which gives it a broader spectrum of usefulness for users.
It has 3 accounts available for use. There is a free account with which you have access to the various features offered, having to pay only for the trading commissions when using the platform. Then there is the Monthly plan, which reduces the commissions per trade but has a monthly fee to be considered. And finally, there is the Lifetime plan, which is based on a one-off subscription fee and has the lowest commissions per trade on the platform.
NinjaTrader is also the most common platform used by some of the best prop trading firms in the market specialised in futures.
Main Features of NinjaTrader:
- Low commissions when making trades
- Access to a mobile application for trading on the go
- Automation of algorithmic trading strategies
- Backtesting tool to optimize strategies
- Customizable and advanced charting
Visual Chart
Visual Chart is a trading platform whose beginnings were marked in Spain. It is a tool with a wide range of functions that allow users to perform advanced analysis and execute trades simply and efficiently.
This TradingView competitor is characterized by the fact that it does not offer its services for free, but it is necessary to pay a subscription for some of the options available. The first is a monthly subscription, where every month you have to make a payment to be able to use the functions of the platform. There is also an annual subscription, which offers discounts to save money compared to the monthly plan. It also has a lifetime license, where with a one-time payment you have access to all the features forever.
However, it is important to know that there are special features that are charged separately from the purchased plan. So, depending on the functions you need to use, it could be a bit more expensive. However, it also has a free trial, so you can try the tool before making any of the payments you have decided.
Main Features of Visual Chart:
- Advanced charts: Visual Chart offers its users different types of charts, which, in addition, are perfectly customizable, which provides a complete experience to the users who are inclined to this tool.
- Variety of financial instruments: This software allows users to trade in a great number of financial markets, giving variety and diversity to their investment portfolios.
- Real-time information: An attractive feature of Visual Chart is the incorporation of financial data in real-time inside the platform, which allows the users to make decisions in time to make any movement.
- Visual Chart offers an important quantity of different indicators and patterns that can be used in charts inside the tool to improve the technical analysis and to make better readings of the market.
ProRealTime
ProRealTime is the fifth tool we bring as an alternative to TradingView in the trading platform approach. This is a tool with an interesting trajectory in the sector, which offers functions for technical analysis, market analysis, and analysis of financial assets to achieve good returns.
This software has a particularity for its use and is that it can be found completely free or with different payment plans. The way to use the tool without having to pay is through the web platform, where you can use all the functions freely, with the disadvantage of receiving the information with a delay of 15 minutes. Undoubtedly, one of the most interesting options to consider within this platform.
Then there is ProRealTime Complete, which is a version with slightly more robust functions for traders who are more demanding in terms of the functions they need and use for trading. And then there is the premium version, which is an even more extensive version where you can find a premium support section, expanded charts, and an advanced market scanner.
Main Features of ProRealTime:
- Full customization: ProRealTime offers a high degree of customization to adapt the platform to your trading style. You can set your strategies directly from the charts and set alerts so you don’t miss any opportunities.
- Advanced analysis tools: The platform provides more than 100 indicators available for detailed market analysis.
- Strategy backtesting: This allows you to test your trading strategies before implementing them in the real market. This will help you to identify possible mistakes and optimize your trading systems.
- Market trackers: The ProScreener function allows you to scan the market for investment opportunities. This allows you to set up customized searches to find assets that meet your specific requirements.
- Trend analysis and stock selection: Facilitates the identification of trends and the selection of stocks for your portfolio by locating stocks that are close to support or resistance levels.
4- Best TradingView alternative for backtesting
The last approach we will look at to determine the best TradingView alternative is the use of strategy backtesting tools. This is a really useful function to test the effectiveness of different strategies against historical data.
In this section we will focus on Forex Tester; however, we previously analyzed MetaTrader which can also be an excellent candidate as a backtesting platform due to the robust functions it offers in this area, but which we will not discuss in depth, as it has already been analyzed previously. However, it is a good option to consider at this point.
Forex Tester
Forex Tester is a trading tool specialized in the backtesting of trading strategies, which is positioned as one of the best options to confront different strategies with historical data to validate the performance of the same.
It has 2 plan options available for the use of its functions. It has a Lite version where you have the main features to use the software but with some limitations compared to the Pro version. As for the Pro version, it has 100% of the options of this platform with total freedom, designed to be used by more demanding traders and in need of more complex and complete functions.
Main Features of Forex Tester:
- Historical News Service: Get detailed information about past events that impacted the financial markets.
- Visual Strategy Builder: Drag and drop indicators, price levels, and other elements to build your custom trading system.
- Risk Calculator: Assess the potential risk of each trade by entering the maximum amount you are willing to lose.
- Multiple Testing: Compare the performance of several strategies simultaneously on different currency pairs.
- Automated Strategies: Create and execute trading strategies automatically.
- Indicators and Oscillators: Use a wide variety of technical indicators and oscillators, or create your indicators to enhance your technical analysis.
Conclusion
When it comes to finding the best TradingView alternative, there are many different software programs and different options that you can analyze to find the best platform for your needs. However, the most important thing is to know what you will be using the tool for and to understand what approach you are looking for in the software you wish to purchase.
You can, for example, set your search in the direction of tools that provide excellent trading signal services or that have a community section that helps find investment opportunities. Or you can look for tools that specialize in chart analysis and provide advanced and comprehensive analysis functions for that purpose.
Also, you may want to focus your search on those perfect software products as trading platforms simply, or you may want to find a backtesting tool to test your investment strategies with historical data that can verify the performance of your financial plan.
Either way, multiple TradingView competitors can be an excellent opportunity to find the perfect software that suits your needs and meets all the requirements to significantly improve your profits.
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