Score

1.47 /10
Danger

Tradingview

United States

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 2

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.69

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

Tradingview.

Company Abbreviation

Tradingview

Platform registered country and region

United States

Company website

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Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
Tradingview · Company summary
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.

News

NewsTradingView & Mexico’s Uni. Partnership, to Enhance Financial Education

TradingView collaborated with Mexico’s third-most prominent university, Universidad Autónoma de Nuevo León (UANL). By providing best-in-class financial tools, this collaboration will improve students' learning experiences and strengthen UANL's curriculum.

WikiFX
2024-11-13 13:35
TradingView & Mexico’s Uni. Partnership, to Enhance Financial Education

NewsTradingView collaborates with IIM, India

TradingView has partnered with the Indian Institute of Management (IIM) in Tiruchirappalli, India, on an educational initiative to improve global financial research.

WikiFX
2024-10-30 20:09
TradingView collaborates with IIM, India

ExposureSC Malaysia Warns Against TradingView

The Securities Commission Malaysia issued a warning against TradingView to the public. The SC Malaysia highlighted concerns about the platform not being registered with the commission, raising potential risks for investors. The authority stated:

WikiFX
2024-06-25 16:16
SC Malaysia Warns Against TradingView

NewsTradingView Upgrades its partnership with FYERS

TradingView today announced an upgrade to its collaboration with FYERS, which includes options trading features within its broker integration.

WikiFX
2024-06-12 18:13
TradingView Upgrades its partnership with FYERS

User Reviews

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User comment

4

Comments

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Ikmnbv
more than one year
I've been trading for several days now, and my experience is improving every day. I'm absolutely keen on continuing to use Tradingview. The most important thing on this platform is skill development—it's so simple and enjoyable. I really love it! Compared to other platforms, I feel almost unrestricted in trading with Tradingview. I'd rate it 100 out of 100, and the service is fast and impressive... Keep up the great work, Tradingview!
I've been trading for several days now, and my experience is improving every day. I'm absolutely keen on continuing to use Tradingview. The most important thing on this platform is skill development—it's so simple and enjoyable. I really love it! Compared to other platforms, I feel almost unrestricted in trading with Tradingview. I'd rate it 100 out of 100, and the service is fast and impressive... Keep up the great work, Tradingview!
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2024-03-25 01:27
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Benjamin Liam
more than one year
Their platform has been profound letdown, with exorbitantly high spreads being a rather frustrating feature. The incidence of slippage is alarmingly regular, which can be quite unsettling for any trader. The most disappointing aspect was their withdrawal service — my request to withdraw funds went unattended for an uncomfortably long period. It reached a point where I was left unsure of where to file a complaint or seek resolution for my difficulty.
Their platform has been profound letdown, with exorbitantly high spreads being a rather frustrating feature. The incidence of slippage is alarmingly regular, which can be quite unsettling for any trader. The most disappointing aspect was their withdrawal service — my request to withdraw funds went unattended for an uncomfortably long period. It reached a point where I was left unsure of where to file a complaint or seek resolution for my difficulty.
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2024-02-01 10:47
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