TradingView Alternatives & Competitors Compared

TradingView boasts over 70 million users and is THE largest data and charting platform available for traders and those looking to invest in the financial markets. By those numbers alone, there’s no doubt that you’ll find plenty of positive stuff to say about TradingView.

However, like everything else in life, TradingView isn’t perfect. So, what other options are available for the trader/investor? Well, that’s what we are here to discuss- the TradingView Alternatives!

So, buckle up, and let’s dive straight in!

Best TradingView Alternatives

1- TrendSpider

Established back in 2016 and based in Chicago, TrendSpider is a trading platform that allows users to automate trading strategies for more accuracy and consistency.

TrendSpider vs TradingView

But how does TrendSpider compare to Trading View? Well, both have their space and perform quite well in their respective arenas. TradingView for instance, provides an excellent array of both technical and fundamental tools to help traders make the right decisions. On the other hand, TrendSpider allows the trader to develop and automate their trading strategies thus significantly improving their accuracy and consistency.

Pros of TrendSpider

• Automation features: Provides automated technical analysis features and strategy development.
• Multi-timeframe features: Set the charts to show multiple timeframes simultaneously.
• Use 16 charts per layout: Traders can use up to 16 charts per layout, 2x as much as TradingView.
• AI assistant: A built-in chatbot that can perform many actions on the platform

Cons of TrendSpider

• More expensive than TradingView: TrendSpider’s plans start higher than TradingView.
• No free version: While the platform offers free trials, there is no free version like TradingView.

Who is TrendSpider Best For?

TrendSpider is ideal for traders who would prefer to leverage the power of automation to achieve better and more accurate results. It allows you to create AI-powered strategies with no code, plus the AI assistant is an incredibly useful tool.

• Read our full TrendSpider review

2- TC2000

Having been around for over 2 decades, TC2000 is a brokerage firm and trading platform founded by Worden Brothers, Inc.

TC2000 vs TradingView

At first glance, there are plenty of similarities between TradingView and TC2000. For one they both offer back testing and technical screening tools. But while TradingView provides for fundamental screening, the same cannot be said about TC2000.

Pros of TC2000

• Simple stock scanning: Easily filter your stocks based on your preferred criteria
• Excellent charting: Offers a large number of charting tools and indicators
• Options trading: Options traders can access integrated analysis

Cons of TC2000

• Desktop application: Users lack access to a web-based platform
• Limited number of instruments: Users can only access options and U.S. stocks
• No automation: Users don’t get access to automation features

Who is TC2000 Best For?

If you are only focusing on U.S. stocks, then TC2000 can prove useful. This is not the case if you are focusing on global markets. That said, TC2000 is both efficient and very simple to use.

3- Trade Ideas

Trade Ideas is an AI-powered platform that enables traders and investors to scan the stock market by helping identify opportunities before others can react to them.

Trade Ideas vs TradingView

While one can perform both technical and fundamental analysis on TradingView, Trade Ideas allows traders to focus their attention on specific areas. The two thus offer completely different ways to approach market analysis.

Pros of Trade Ideas

• AI stock scanning: Accessing trade ideas from real-time data helps give traders an edge.
• Integrates with a broker: Works with interactive brokers seamlessly
• Highly customizable: Tailor the platform according to your specific needs

Cons of Trade Ideas

• Costly: Can prove expensive
• Fundamental analysis is limited: Focus on technical analysis
• Learning curve: Features can be too much for some traders

Who is Trade Ideas Best For?

Trade Ideas can be a great choice for traders who are ready to embrace new tech and advanced learning. The AI integration offers such traders an edge, for a price, of course.

• Read our full Trade Ideas review

4- thinkorswim

This electronic trading platform owned by Charles Schwab enables self-directed investors and traders access to stock, futures, forex, and options markets. If you are already a Charles Schwab customer, you’ll get free access to thinkorswim plus real-time data if you have a funded account. If not, you’ll need to create a Schwab account.

thinkorswim vs TradingView

TradingView offers multi-broker integration, modern design, and simple-to-use charting tools. thinkorswim on the other hand, offers advanced market analysis, and a highly effective stock screener that creates a more hands-on trading experience. thinkorswim is much more dated than TradingView, but it still offers highly customizable features and the ability to code custom strategies and indicators.

Pros of thinkorswim

• Customization: thinkorswim is highly customizable
• Advanced charting: Charting tools are professional-level and intuitive
• Paper trading: Allows traders to practice without any real risk

Cons of Thinkorswim

• Complex interface: This can be challenging for first-time users
• Outdated design: thinkorswim was created in the 90s, and hasn’t had many UX updates

Who is thinkorswim Best For?

thinkorswim is best for those who already have active and funded Schwab accounts. You can use the platform with real-time data for free, but it lacks some features TradingView offers, like footprint charts.

5- Finviz

Finviz is one of the more well-known platforms thanks to its market visualization tools and stock screener.

Finviz vs TradingView

Compared to Finviz, TradingView offers more trading tools and has a larger fanbase. Finviz stock screening tool however is simple and highly intuitive to use. Due to this, TradingView is often used as a trading tool while users prefer Finviz for stock screening.

Pros of Finviz

• Simple and intuitive: The stock screener is easy to use
• Free version: Users can opt for the free version
• Heat maps: Easy visualization of market performance

Cons of Finviz

• Basic Tools: The charting tools aren’t as advanced
• Data delay: You need a subscription to access real-time data
• Community integration: Lacks social features

Who is Finviz Best For?

If you want to do quick research while getting a generalized sense of the stock market, Finviz could work great for you. Since it lacks a comprehensive list of tools, it is best used as a supplementary tool.

6- Robinhood Legend

Founded back in 2013, Robinhood is a brokerage platform that is well known for its simple-to-use mobile platform and lack of trading fees.

Robinhood Legend vs TradingView

While Robinhood is popular with millennial traders partly for its mobile app, it offers basic charting even on its web app. TradingView has a more advanced web platform, mobile app, and desktop app.

Pros of Robinhood Legend

• Easy to use: Mobile app is simple and intuitive
• Good for beginners: First-time investors can easily get started
• Free: Robinhood is free to use with a funded account
• Trading integration: You can trade directly from the charts

Cons of Robinhood Legend

• Basic charting: Charting tools aren’t as advanced as TradingView
• Order placement: Order execution can be laggy compared to other brokers

Who is Robinhood Legend Best For?

For the beginner investor looking to get into stock, crypto, or options trading, Robinhood is a great platform. The simple user interface of the mobile app makes it easy for anyone to get started.

What is the Best Free TradingView Alternative?

If you are searching for a TradingView alternative that is free, Robinhood Legend and thinkorswim can both be great options. You can get professional-level trading tools with thinkorswim while Robinhood Legend offers a simple and intuitive interface that appeals to the beginner investor.

FAQ

Who is TradingView’s biggest competitor?

This will depend on the features as well as the type of investor. That said. Meta traders 4 and 5 are considered TradingView’s biggest competition owing to the larger fanbase and popularity with Forex and CFDs.

Can you connect a broker to TradingView?

Yes, you can connect TradingView to several of the brokers that integrate directly with TradingView.

Is TradingView free to use?

TradingView has a free plan that allows access to market data, charting, paper trading, and tools.