Binance vs TradingView | TrustRadius (2024)

Likelihood to Recommend

Binance vs TradingView | TrustRadius (1)

Binance

If you are into crypto, it is definitely a platform that needs to be used for your business if you want to adapt to a modern-day solution. Especially with a lot of exchanges platform or crypto platforms around, I do think it's a good idea to find one that is highly regulated and well known in the industry. That's why Binance is a go too platform.

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Binance vs TradingView | TrustRadius (3)

TradingView

This platform is suited for retail traders that use discretionary trading strategies and automated strategies alike. As far as HFT goes I cannot say as I haven't developed any strategies of that kind. So, i can't determine its appropriateness. For forex and stock trading I would say it has everything you need. I also can't vouch for how well it performs for options traders, I would imagine it may not be the go to app as I don't see any og the Greeks that options traders would need to monitor to make trading decisions.

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Pros
  • Has the best data, tables and choices of all platforms out there.
  • Best charges / prices with quick transfers of currency from fiat banks to Binance
  • Best selection of currencies
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Binance vs TradingView | TrustRadius (6)

TradingView

  • Indicators.
  • History patterns.
  • Comparison between different stocks or crypto coins.
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Cons

Binance vs TradingView | TrustRadius (8)

Binance

  • You have to login every time you use it due to security concerns.
  • The fees and charges are not clear sometimes
  • Make sure you go through the terms carefully before using any platform.
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Binance vs TradingView | TrustRadius (9)

TradingView

  • nothing I can think of so far
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Alternatives Considered

Binance vs TradingView | TrustRadius (11)

Binance

We found that Binance has a better fee structure. We also found Binance to be much easier to use. I have a little bit of experience in the trading space, but it was essential to have an easy-to-use platform for inexperienced employees to use while keeping up with new technology.

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Binance vs TradingView | TrustRadius (12)

TradingView

TradingView is used by more people, and most of the investing shows I watch use TradingView

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Return on Investment

Binance vs TradingView | TrustRadius (14)

Binance

  • It gave good opportunity for investment which resulted in good ROI
  • It's better than Indian Exchanges as the manipulation is high there
  • It's the best platform to check the actual prices of coins as other applications nowadays are fluctuating in prices
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Binance vs TradingView | TrustRadius (15)

TradingView

  • Trading is a peculier activity so this metric is purely subjective and depends on each trader's experience.
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ScreenShots
Binance vs TradingView | TrustRadius (2024)

FAQs

Binance vs TradingView | TrustRadius? ›

We found that Binance has a better fee structure. We also found Binance to be much easier to use.

Which is better TradingView or Binance? ›

Binance Broker and TradingView both meet the requirements of our reviewers at a comparable rate. When comparing quality of ongoing product support, reviewers felt that TradingView is the preferred option. For feature updates and roadmaps, our reviewers preferred the direction of Binance Broker over TradingView.

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.

Is Binance connected to TradingView? ›

After connecting to TradingView, all your account transactions – including deposits and withdrawals – will still be operated by Binance.

Is TradingView the best for trading? ›

TradingView is best for active traders who are serious about their trading and are willing to make a small investment for premium charting. If you're looking for free charting software, TradingView will work for a short period but you will likely bump into a paywall before too long.

Do professional traders use TradingView? ›

We've introduced three most comprehensive packages (Expert, Elite and Ultimate) designed specifically for Professional (Commercial) traders.

Who is better than Binance? ›

These exchanges have been selected based on their user base, trading volume, security measures, and customer support. Quick One: OKX is the best and overall Binance Alternatives in Nigeria, it has lower fees, excellent customer support, and top-notch security.

Why is TradingView so popular? ›

As you've learnt, traders choose TradingView for its powerful charting capabilities, vast array of analysis tools, and the ability to connect with a vibrant trading community. It provides them with the necessary resources and insights to make informed trading decisions.

Is TradingView best for beginners? ›

Yes, TradingView is a versatile platform that allows users to perform technical analysis and execute trading strategies. Traders can analyze charts, use various technical indicators, and develop custom strategies using TradingView's scripting language called Pine Script.

Do I need a broker for TradingView? ›

The basic Tradingview plan does not support live trading. However, with a broker integration you can trade directly from your Tradingview charts. This allows you to analyze the markets using Tradingview's tools and then place your trades without having to switch between platforms.

Can you really make money from TradingView? ›

Earn with TradingView

Become an affiliate partner and make cash by promoting a product your followers will love. The biggest website in the world when it comes to all things investing. We are global and support 20 languages worldwide. We've paid out over $10 million to our partners and that's growing.

How much should I pay for TradingView? ›

Free - Limited features but provides core charting and analysis tools. Pro - $14.95/month or $155.40/year. Upgrade for more indicators, alerts and customization. Pro+ - $29.95/month or $299.40/year.

Why do traders use TradingView? ›

TradingView provides up-to-the-minute market data, ensuring traders can access the most current information, including price quotes, volume, and indicators. This real-time data empowers traders to respond promptly to market movements, maximizing their profit potential.

Is Binance the best platform? ›

While Coinbase covers major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), Binance's extensive range also includes many smaller cap coins and tokens. This makes Binance a preferred choice for users looking to explore a wider array of options.

Is Binance the best broker? ›

Binance is the best. Low fees and easy to navigate and to trade. Recommendations to others considering Binance Broker: This is the best in class crypto trading platform Review collected by and hosted on G2.com.

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