Should I use TradingView or Webull? (2024)

Should I use TradingView or Webull?

When comparing the two platforms, several key differences stand out: TradingView's primary focus is charting and technical analysis, making it ideal for traders seeking advanced analysis tools. Webull emphasizes trading functionalities and access to market news, making it suitable for placing trades.

Which platform is better than TradingView?

Koyfin is the TradingView alternative. Koyfin's powerful financial analysis tools, customizable charts, and flexible pricing options make it a top choice for investors seeking an alternative to TradingView.

Do professional traders use TradingView?

Professional traders visit forums like TradingView. They use these online spaces to talk about trading strategies, share ideas, and learn from others.

Can I connect my Webull account with TradingView?

The partnership aims to combine TradingView's growing social trading community and suite of analysis features with Webull's commission-free stock and options trading. The integration with TradingView is now available for Webull users in the United States, with plans to expand globally.

What is the downside to Webull?

A major downside of Webull is that they only offer a few individual accounts. You'll need to go with a more comprehensive brokerage offering from a traditional firm such as Schwab or Fidelity to open joint, custodial or self-employed retirement accounts.

Who is the competitor of TradingView?

TradingView's top competitors include TakeProfit, StockViva, and Aurox. TakeProfit is a company focused on providing a community-driven research platform in the financial trading industry.

Is TradingView worth the money?

For active traders, TradingView premium can certainly be worth it. The key premium features like advanced alerts, more indicators, backtesting, enhanced analytics, and screeners give you an information edge in analyzing the markets and executing trades.

Which is most profitable indicator in TradingView?

SuperTrend (Self-Adjusting Parameters for Highest Profitability) The SuperTrend is a trend-following indicator. It works best when it is used along with other indicators.

Can I trade on TradingView without a broker?

Do I need a broker for TradingView? Yes, you'll need a broker that supports TradingView integration if you want the ability to execute trades, track your orders, and/or manage your positions from within the TradingView platform.

Which platform do professional traders use?

IC Markets' clients have access to a good range of professional platforms – MT4, MT5, and the cTrader platforms. All of these provide excellent charting tools and indicators and can run algorithmic trading strategies 24/7 using the IC Markets VPS service.

Which brokers use TradingView?

Popular US stock brokers like Etrade, Interactive Brokers and TD Ameritrade are supported. For forex, brokers such as Oanda, FXCM and IG Markets allow you to trade currency pairs directly on Tradingview. There is also integration for leading crypto exchanges like Coinbase, Binance and FTX.

Should I use Robinhood or Webull?

Webull and Robinhood have many similarities, but there's one major difference: Webull offers more sophisticated trading features geared toward intermediate and advanced traders, while Robinhood provides a bare-bones trading platform for new investors looking for a streamlined experience.

What stock brokers work with TradingView?

Do I actually own my shares on Webull?

After you buy stock, you own actual shares. If you short stock, you are borrowing shares.

Is Webull a Chinese company?

Webull is owned by Hunan Fumi Information Technology, a Chinese holding company that has received backing from Xiaomi, Shunwei Capital, and other private equity investors in China.

Should I use Webull as a beginner?

Webull has some of the lowest fees among brokerages, without skimping on advanced trading tools. Despite the low costs, it may not be the best brokerage for beginners.

Why is TradingView so popular?

All in all, TradingView is a powerful platform that can give investors and traders the tools they need to succeed. With easy-to-use charting tools, real-time data and powerful market insights, it's no surprise that it has become one of the best platforms for many traders out there.

Why is TradingView better?

TradingView has a modern and intuitive user interface that is easy to navigate. The platform has a clean and minimalist design that makes it easy for traders to focus on their charts and analysis. The platform is also highly customizable, allowing traders to create their own layouts and add their own indicators.

Why TradingView is the best?

TradingView is a powerful technical analysis tool for both novice and experienced investors and traders. It is reliable, comprehensive, and has most of what you need day-to-day when trading. Despite the few issues highlighted below, its relatively low price makes it a no-brainer.

Is TradingView best for beginners?

Although TradingView can be used by both beginners and more experienced traders, its intuitive interface and numerous tools make it especially useful for those who are just starting in the trading world.

How much should I pay for TradingView?

TradingView has a range of plans, which vary in price from $0 (with ads) to $49.95 per month. The vast majority of serious traders are using either the Essential ($12.95/month) or Plus ($24.95/month) plans. TradingView also offers professional plans, which range from $199.95 to $499.95 per month.

Is TradingView beginner friendly?

While TradingView is simple enough for beginner investors, it is a powerful tool with many features and indicators that can enhance the trading experience for investors of any skill level.

What chart do most traders use?

Bar Data charts are commonly used in trading and technical analysis. They aggregate data over specific periods, which may not necessarily be based on time.

Who is the most popular broker with TradingView?

Should I trade with TradingView?

TradingView is known for its charting tools, technical analysis capabilities, and flexibility across devices. But is it suitable for day trading? The short answer is yes. Its chart types, drawing tools, and watchlist functionalities have made it a favorite among day traders.