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Tradingview Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-04-22 15:57

Abstract:Tradingview is allegedly an unregulated brokerage company based in China. Unluckily, we can’t find other more detailed information about this broker on the Internet.

Aspect Information
Company Name Tradingview
Registered Country/Area China
Founded Year 2-5 years ago
Regulation Not regulated
Market Instruments Forex, cryptocurrencies, stocks, indices, commodities, bonds, and more
Account Types N/A
Minimum Deposit N/A
Maximum Leverage N/A
Spreads N/A
Trading Platforms N/A
Customer Support Email (info@tradingview.co.za), online community
Deposit & Withdrawal N/A

Overview of Tradingview

  Tradingview, founded in China around 2-5 years ago, offers a wide range of trading assets spanning Forex, cryptocurrencies, stocks, and more.

  Despite its various market offerings, the platform lacks regulatory oversight, leaving users vulnerable to potential risks such as fraud and manipulation.

  While it provides advanced charting tools and an active user community, Tradingview's unreliable customer support and occasional inaccessibility of its website disrupt trading activities, frustrating users seeking timely assistance and reliable access to critical information.

Overview of Tradingview

Regulatory Status

  Tradingview operates without regulatory oversight. This absence of regulation means users should exercise caution. Without oversight, there's a risk of misinformation, unreliable data, and potential manipulation. Investors may lack protection against fraud or malpractice.

Pros and Cons

Pros Cons
Wide range of trading instruments including Forex, cryptocurrencies, stocks, indices, commodities, and bonds Official website inaccessible
Irresponsible customer support
Lack of regulatory oversight
Potential for misinformation
Limited educational resources

  Pros:

  •   Wide Range of Trading Instruments: Offers over 100,000 assets including Forex, cryptocurrencies, stocks, indices, commodities, and bonds.

  Cons:

  •   Official Website Inaccessibility: Intermittent unavailability hampers access to critical tools and information, disrupting trading activities and user experience.

  •   Irresponsible Customer Support: Inconsistent and inadequate support leads to delayed responses, unhelpful interactions, and unresolved issues, causing frustration among users.

  •   Lack of Regulatory Oversight: Absence of oversight from financial authorities exposes users to risks like fraud and manipulation, highlighting the importance of due diligence.

  •   Potential for Misinformation: Open platform fosters collaboration but also risks misinformation, necessitating users to critically evaluate information before making decisions.

Market Instruments

  Tradingview presents an extensive selection of trading instruments across financial markets, spanning Forex, cryptocurrencies, stocks, and indices. This broad spectrum appeals to traders seeking various opportunities. From traditional currency pairs to innovative cryptocurrencies, users can explore a wide array of assets. This accessibility facilitates market exploration and portfolio diversification.

Customer Support

  Tradingview's customer support is disappointingly lacking. Users report difficulties in accessing assistance, with prolonged response times and unhelpful interactions.

  Contact channels, such as info@tradingview.co.za, often yield no resolution, frustrating customers seeking guidance. The absence of a dedicated helpline exacerbates the issue, leaving users stranded with unresolved queries.

  This deficiency in customer service undermines the platform's credibility and leaves users questioning their commitment to providing adequate assistance.

Customer Support

Exposure

  Tradingview's exposure highlights various issues plaguing its users, ranging from complaints about pyramid schemes and scams to difficulties in withdrawing funds.

  One user lamented losing a substantial amount of money through a platform called Bitcointrademax, citing the absence of received withdrawals despite completing the process.

  Another instance recounts a drastic price movement in trading, causing frustration due to the inability to deposit and protect accounts. These exposures underscore the platform's vulnerability to fraudulent activities and technical glitches, eroding trust and confidence among traders.

Exposure

Conclusion

  In conclusion, while Tradingview offers a wide range of trading assets and advanced charting tools, its disadvantages overshadow its advantages.

  The platform's lack of regulatory oversight exposes users to potential risks of fraud and manipulation, undermining trust and confidence. Additionally, unreliable customer support and occasional website inaccessibility frustrate users, hindering their trading experience and raising risks about platform reliability.

FAQs

  Question: What trading assets are available on Tradingview?

  Answer: Tradingview offers a wide range of assets, including Forex, cryptocurrencies, stocks, indices, commodities, and bonds.

  Question: Is Tradingview regulated?

  Answer: No, Tradingview operates without regulatory oversight.

  Question: How can I contact Tradingview's customer support?

  Answer: You can reach Tradingview's customer support through email or by engaging with the online community.

  

Related broker

No Regulation
Tradingview
Company name:Tradingview.
Score
1.51
Website:https://tradingview.co.za
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.51

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