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About the company:
Tradeview is a forex broker belonging to the Tradeview Ltd. group of companies. The company launched its brokerage services in 2004. Its major goal is to provide a wide community of traders and investors with top-notch solutions for online trading. The broker is supervised by the Cayman Islands Monetary Authority (CIMA). This regulator imposes strict requirements on brokerage firms. Tradeview submits regular financial records to the CIMA. On the official website, the broker points out that its clients can be sure of safety and protection of their funds which are stored in a separate bank account.
Trading conditions
Tradeview offers the following trading instruments: CFDs, cryptocurrencies, stock indexes, commodities, and metals. Anyone can afford the minimal deposit required by the broker which is $100. The leverage is 1:400.
Clients can open three types of trading accounts: individual, corporate, and joint. Oddly enough, specifics and advantages of each type are not defined. There is only an application form to open an account. Novice traders are invited to make a start on Forex on a demo account. However, the broker does not provide any educational materials and forex analysis on the website.
Trading platforms
Trading with the broker is carried out through popular trading platforms such as MetaTrader 4, MetaTrader 5, cTrader, and Currinex.
Customer support
In the customer support section, there is a form requesting a callback. All a client can do is fill it in and wait for a callback from a manager. Besides, the broker placed links to social media and a direct phone number of the head office. At the same time, there is no information on the customer support service and other contact details.
Deposit and withdrawal
A client can choose the following methods of depositing an account and withdrawing funds:
- Bank wire without a commission takes 1-2 days
- A transaction by a credit card is carried out on the same day
- Electronic payment systems
Feedback from traders
The broker arouses mixed feedback in the trading community. Traders post both positive and negative reviews. Traders mainly complain about the broker’s website and customer support. The website is translated into Russian, English, Spanish, and Chinese. The information is scarce and presented in a scattered way. The website does not contain any newsfeed, forex analysis, and educational materials.
Pro and cons of Tradeview
Advantages:
- low minimal deposit
- demo account
- popular trading platforms
- good choice of deposit/withdrawal methods
Disadvantages:
- negative reviews
- sparse forex information on the website
- few ways of contacting customer support service
- judging by reviews, the company could be a scam
Conclusion
Please be aware that you assume responsibility for the safety of your money and the choice of a forex broker. Do not rush to open an account unless you are certain of the broker’s reliability. Make sure you check information on the company’s operation. Make a sensible decision after you have got to know its website and trading conditions.
