How to Change Broker on Tradingview

TradingView has revolutionised how traders analyse markets, offering powerful charting tools, social features, and direct broker integration. Its intuitive interface, powerful charting tools, and vast social network make it indispensable. However, the true utility of TradingView is unlocked when you connect it directly to a brokerage account, allowing for one-click trade execution right from the charts.

But what happens when your trading needs evolve, or you find a broker that offers better execution, lower commissions, or access to different markets? Changing brokers is a common event in a trader’s journey, and fortunately, TradingView makes this transition relatively straightforward.

This comprehensive step-by-step guide will walk you through how to change a broker on TradingView. We'll cover the entire process, from disconnecting your old broker to connecting your new one. Let’s jump in.

Why You Might Want to Change Your Broker on TradingView

Before diving into the process, it’s important to understand why traders might want to switch brokers on TradingView. The platform supports multiple broker integrations, and not all brokers provide the same level of service or access to instruments. Here are some of the most common reasons to switch:

• Better Spreads and Lower Fees - Some brokers offer tighter spreads or lower commission structures for the same assets. As trader strategies and budgets evolve, they may want to switch brokers to one that best suits their needs. For example, brokers like Pepperstone and IC Markets are known for ultra-low spreads on forex pairs, making them ideal for scalpers and day traders.

• Execution Speed and Reliability - Latency and order execution speed can vary between brokers. A faster broker reduces slippage and ensures trades are executed closer to the desired price.

• Access to Different Assets - Your current broker might not offer the asset classes you may be interested in exploring. Switching brokers gives you access to more instruments directly from TradingView.

• Regulation and Safety - Traders sometimes move to a broker regulated in a more reputable jurisdiction (like ASIC, FCA, or CySEC) for better fund protection and legal assurance. Moreover, a broker’s regulatory status may change, prompting a trader to consider switching to another broker.

• Promotions or Better Trading Conditions - Some brokers offer bonus programs, improved leverage options, or cashback incentives that can make trading more cost-effective.

Now that we understand the reasons why a trader might want to switch their broker on Tradingview, let’s take a look at the step-by-step process.

How to Change Your Broker on TradingView

Changing brokers on TradingView is a straightforward process, but it requires following the right sequence to avoid account connection issues. Below is a step-by-step walkthrough.

Step 1: Confirm New Broker Integration

The first important step is ensuring your new preferred broker is one of the supported brokers that directly integrates with TradingView. TradingView provides a page with a full list of supported brokers, where you can conveniently check.

Additionally, if you are logged into your TradingView, you can look at the bottom of the TradingView interface and click the Trading Panel tab. A list of all integrated brokers will appear. If your new broker is not on this list, you cannot execute trades directly from TradingView charts.

You will only be able to use their charts for analysis. Some of the top supported brokers that allow investors to execute trades straight from the charts include Pepperstone, Tickmill, FP Markets, Eightcap, and FXCM.

Step 2: Disconnecting the Old Broker

Before you can connect your new broker, you need to first disconnect the old broker. This is a simple process with a few steps. First, log in to your TradingView account and open a chart window. Click the Trading Panel tab at the bottom of your screen. Here, locate your current broker connection. It will display your broker’s name, such as TradeStation. Click the drop-down arrow (v) next to the broker name and click on Log Out at the bottom of the menu that pops up.

Once disconnected, the platform will no longer execute trades or access your broker’s account. Please note that disconnecting your broker does not close your account with the broker itself. It simply severs the link between TradingView and the broker’s trading system.

If you have any open positions on your current broker, they will still remain open unless you close them from the broker’s end. It would be wise to close them before disconnecting if you plan to exclusively trade on your new broker

Step 3: Connecting Your New Broker

Now that your previous broker is disconnected, you can proceed to connect to a new one. This is also a simple process. Since you are already logged into your TradingView account, stay in the Trading Panel section. You will be able to see a list of supported brokers at the bottom. Browse the list of brokers displayed and locate your broker. Click on your broker’s logo, and click on Connect in the pop-up window that appears.

A new window will open asking you to log in with your broker account credentials. Each broker has slightly different login requirements. Provide the necessary details you’re asked for and log in to your broker.

Once you enter your login details, you will be prompted to authorise TradingView to access your account. Review the permissions TradingView will receive and confirm the authorisation. If successful, you’ll be redirected back to TradingView with your new broker now linked to TradingView.

Final Comments

TradingView is a vital tool for traders, but its true power is only unlocked when paired with the right broker. As your strategy, budget, or market interest evolves, changing your brokerage can be a necessary step to optimise your trading performance.

Fortunately, the process of switching brokers on TradingView is straightforward and designed for minimal disruption. As we've outlined, the steps are clear. By following this guide, you can seamlessly transition to a broker that better aligns with your evolving needs. However, beyond just the technical steps, it’s essential to approach this change thoughtfully.

Make sure your new broker is regulated by a reputable authority, offers competitive trading costs, and provides the instruments and features you desire. If possible, take advantage of brokers that provide value-added benefits, such as free TradingView subscriptions.