Tradingview Free Demo Account
TradingView has revolutionised the way traders analyse and interact with financial markets. It is widely considered the most powerful charting and social network platform for traders. It offers a wide array of tools and features that appeal to both beginner and seasoned traders. One of the standout features of TradingView is its integration with various brokers, allowing users to execute trades directly from the platform. TradingView allows traders to practice on a demo account in two main ways. These include a paper trading account on TradingView and a demo account on a TradingView-supported broker. In this article, we will explore some of the TradingView free demo accounts and list some of the best brokers with TradingView integration and offer free demo accounts.
How To Obtain a Free TradingView Demo Account
The first way to obtain a free TradingView demo account is through TradingView’s paper trading feature. This feature was developed to allow traders to execute simulated trades without risking real money. To do this, you can simply open a chart and open the Trading Panel where you will find a list of different options provided. From there, simply select Papper Trading by TradingView among the options provided. By default, your account balance will start at $100,000, but you can reset it at any time.
The second way to obtain a free TradingView demo account is by using a TradingView-supported broker. Most of the brokers with TradingView support provide demo accounts that can be used for trading. To obtain a free TradingView demo account with a broker, you must first create a demo account on the broker’s website. Then, simply open a chart and open the Trading Panel where you will find a list of brokers provided. Finally, log in using the credentials of your broker's demo account and you are good to go. Now, this begs the question, what are some of the best brokers with TradingView free demo accounts? Let’s take a look at some of the options available to traders.
Pepperstone
Pepperstone offers its traders a lineup of five different world-class trading platforms. These include MetaTrader 4, MetaTrader 5, cTrader, Pepperstone Trading Platform, and notably, TradingView. This broker offers its traders a demo account that allows them to try out these different platforms without risking their funds. These demo accounts come with a $50,000 balance in virtual currency and positively, TradingView demo accounts do not expire. cTrader demo accounts also do not expire while MT4 and MT5 demo accounts expire after 60 days.
Traders can support their demo trading with a wealth of free educational material offered by Pepperstone. They can deploy and test out their strategies on over 150 different market instruments including forex, commodities, and indices. However, the live account gives traders access to over 1,200 different assets. These include CFDs on a wide range of markets, including forex, stocks, commodities, cryptocurrencies, ETFs, and indices.
Further, Pepperstone offers traders some of the lowest spreads in the market. Its standard account has spreads as low as 1.0 pips for major currency pairs with no commissions. In contrast, the razor account offers spreads from 0.0 pips plus a commission depending on the platform that a trader chooses to use. TradingView, the MetaTrader platforms (MT4 & MT5), and the Pepperstone Trading Platform all charge a commission of $3.5 per side per lot. In comparison, cTrader charges a lower $3 per side per lot.
Finally, Pepperstone is a regulated broker in multiple jurisdictions. Its activities are supervised by the FCA in the UK, the ASIC in Australia, the CySEC in Cyprus, the CMA in Kenya, and the DFSA in the DIFC, among others.
75.8% of retail CFD accounts lose money
FP Markets
FP Markets also offers its traders TradingView as a trading platform and allows its clients to test it out on a demo account. However, when using a TradingView demo account, the only option available is a Raw account. The raw account on this broker site offers spreads from 0.0 pips but also charges a commission of $3 per side per lot. On the other hand, the standard account offers spreads from as low as 1.0 pips with no commission charged. There are other trading platforms available which include MetaTrader 4, MetaTrader 5, cTrader, and Iress.
On another note, this broker gives its traders access to a deep collection of market products totalling over 10,000 different instruments. These include forex currency pairs alongside CFDs on indices, commodities, metals, stocks, ETFs, bonds, and cryptocurrencies.
Finally, FP Markets operates under the strict supervision of multiple financial regulators. It holds licenses from the ASIC in Australia, the CySEC in Cyprus, and the FSCA in South Africa. The ASIC and the CySEC are especially renowned for their stringent regulatory standards.
70.25% of retail CFD accounts lose money
Forex.com
Forex.com is one of the most popular forex and CFD brokers in the world today. With this broker, traders gain access to over 5,500 different market products to invest in. Specifically, traders outside the US have access to CFDs on forex, commodities, indices, stocks, and cryptocurrencies. In the US, the broker only avails forex, futures and futures options.
Notably, traders can simply connect their TradingView paper trading account to Forex.com and practice their strategies there. Once traders transition to live trading accounts, TradingView gives them access to all the market products available on the broker site. Moreover, TradingView also brings a ton of features from DxTrade, thanks to backend integration with DxTrade.
In terms of trading fees, this broker falls within market standards. Forex.com offers competitive spreads, starting at 0.8 pips on the Standard account and 1.0 pip on the MetaTrader account, both commission-free. In contrast, the Raw account provides spreads from 0.0 pips with a fixed commission of $5 per $100,000 traded.
Finally, Forex.com is one of the most heavily regulated brokers with a TradingView free demo account. For starters, the broker is registered with the CFTC and is a member of the NFA in the USA. It also has regulations by the CIRO in Canada, the FCA in the UK, the ASIC in Australia, and the CySEC in Cyprus, among others.
77.0% of retail investor accounts lose money when trading CFDs with this provider.
EightCap
Eightcap operates under the supervision of two renowned financial institutions. These include the FCA and the ASIC, two of the most stringent organizations. Notably, Eightcap integrates with TradingView, allowing investors to place trades straight from the platform’s charts. Better yet, traders can use a TradingView paper trading account to practice their trading on the various market products that this broker provides.
With Eightcap, traders can access a wide range of over 800 instruments spanning various asset classes. These include CFDs on forex, commodities, indices, cryptocurrencies, and shares. There are other trading platforms avaiable to traders including MetaTrader 4 and MetaTrader 5. There are also a variety of trading tools available to use. These include Capitalise.ai and FlashTrader, among others.
Finally, similarly to the other broker on this list, Eightcap offers its traders sme of the lowest spreads in the market. The spreads on the Standard account and the TradingView account start from as low as 1.0 pips for major currency pairs with no commission required except when trading shares. However, its Raw account has a spread from 0.0 pips with a commission of $3.5 per side per lot.
Blackbull Markets
BlackBull Markets operates under the strict regulatory oversight of the FMA and FSPR in New Zealand, and the FSA in Seychelles. These licenses guarantee adherence to robust financial conduct and client protection standards.
Traders have access to a variety of platforms through this broker, including TradingView, MT4, MT5, cTrader, BlackBull CopyTrader, and BlackBull Invest. With TradingView, they can leverage the advanced charting features of TradingView alongside superior execution capabilities. With a paper trading account, traders can trade a variety of market products without risking their real cash.
Traders can access a diverse range of assets, including forex, commodities, indices, shares, and cryptocurrencies, enabling portfolio diversification. Traders can select from three ECN account types: Standard, Prime, and Institutional. The Standard account offers competitive spreads starting at 0.8 pips without commission. For tighter spreads, the Prime account provides spreads from 0.1 pips with a $6 commission per lot. The Institutional account boasts the lowest spreads at 0.0 pips, but includes a $4 commission per lot.
Saxo Bank
Saxo Bank is yet another TradingView broker that allows investors that allows traders to log in with their TradingView paper trading account. This gives investors a free demo account to practice trading and explore the features of the broker. Notably, this broker has regulations from a variety of organisations. These include the FCA in the UK, the FINMA in Switzerland, and the ASIC in Australia.
Traders have access to a vast investment universe with over 72,000 instruments, making it a comprehensive platform for diversified portfolios. The platform offers forex, stocks, ETFs, bonds, mutual funds, and crypto ETPs, as well as CFDs on a wide range of asset classes. Competitive pricing, including spreads starting at 0.6 pips for major currency pairs and zero commission, enhances the overall trading experience.
Final Comments
Demo accounts are a gold mine for traders. They allow traders to practice and refine their trading strategies without risking real money. They are beneficial to both beginner and experienced traders. Beginner traders can learn the various dynamics of the market while experienced traders can test out new trading strategies. With a TradingView paper trading account, traders gain exactly that.
However, to maximize the potential of TradingView, partnering with the right broker is crucial. The brokers mentioned in this article provide an excellent environment for traders to enhance their trading skills. However, please note that success on the demo account does not guarantee success on a real live trading account. The real market carries considerable risk and should be approached with caution.
Regulated Brokers
The table below contains links to 3rd party websites of our top partners from whom we receive compensation at no additional cost to you.