I have an MT4/MT5 Forexcom account. Can I trade with it on TradingView? — TradingView (2024)

FAQs

I have an MT4/MT5 Forexcom account. Can I trade with it on TradingView? — TradingView? ›

Important note: Trading through Forex.com on TradingView is supported for customers who have ForexTrader accounts. MT4 account holders can login, however, cannot place trades (just like on Forex.com, MT4 accounts can log into ForexTrader, but cannot trade through it).

While TradingView allows you to connect both MetaTrader 4 and MetaTrader 5, and access all the platform's features on the assets of your choice, you cannot place trades directly on TradingView.

PineConnector is a powerful tool designed to enhance the integration of TradingView and MT4/MT5. It acts as an intermediary, facilitating communication between the strategies developed in Pine Script on TradingView and the MetaTrader platforms where traders execute their trades.

Visit TradingView.com and create a TradingView login with the service level that best suits your needs. A free version is available. After you have logged into TradingView, go to Products, Supercharts, Trading Panel, and select Connect under FOREX.com.

02Can you connect any broker to TradingView? No, only one broker in India allows you to connect to TradingView, which is Dhan. For the first time in India, traders and investors can place orders directly from TradingView.com by connecting their Dhan account to the Trading Panel.

Using MetaTrader in conjunction with TradingView allows you to automate your trading. This article will explain how they work and how automation benefits them.

Tradingview supports integration with dozens of brokers globally across stocks, options, forex and crypto. 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.

Reviewers felt that TradingView meets the needs of their business better than MetaTrader 5. When comparing quality of ongoing product support, reviewers felt that TradingView is the preferred option.

TradingView vs MetaTrader chart comparison

Both platforms grant direct access to financial markets through a forex broker and provide advanced trading tools. TradingView is a powerful charting platform and social network for traders. MetaTrader 4 has a strong algorithmic trading focus with reliable execution.

Open the PineScript indicator in TradingView and export the code as a text file. Open the MetaEditor in MT5 and create a new script. Copy the exported PineScript code into the new script in the MetaEditor. Replace all PineScript functions and syntax with the equivalent MQL5 functions and syntax.

Can you chart forex on TradingView? ›

Who is the charting provider for FOREX.com platforms? Renowned industry favorite, TradingView, provides intuitive advanced charts for the FOREX.com suite of platforms including web and mobile.

If you don't have a brokerage account yet, you can just go ahead and try paper trading on TradingView, which is a popular charting platform that offers this as a feature (it's free!).

When you open your TradingView execution platform, you see the Buy/Sell buttons directly on your chart (1). In the middle of the field, you see the spread for the market. On the right, you can adjust the contracts. By clicking on either the Buy or Sell button, the order execution window opens up.

To connect TradingView with MetaTrader, you'll want a TradingView account that's connected to a broker that supports the integration. Check the set of supported brokers on the TradingView website, and open an account with an appropriate broker in the event that you haven't already.

If you are a forex or CFD trader who wants a powerful platform with a wide range of features and customization options, then MT4 is a good choice. If you are a trader who wants a platform that is easy to use and has a wide range of markets and instruments available, then TradingView is a good choice.

Conclusion: Embracing the Right Trading Platform

MT4 is a reliable and user-friendly platform for beginners and experienced traders, while TradingView is a powerful tool for technical analysis and social trading enthusiasts.

TradingView vs MetaTrader chart comparison

Both platforms grant direct access to financial markets through a forex broker and provide advanced trading tools. TradingView is a powerful charting platform and social network for traders. MetaTrader 4 has a strong algorithmic trading focus with reliable execution.