Tradingview is a popular charting and analysis tool due to its sophisticated features and intuitive interface. When combined with proprietary businesses, traders can access the company’s extensive resources as well as tradingview’s in-depth analysis capabilities. Today’s article will introduce tradingview prop firms and show you how to leverage this combination to improve your trading strategy and increase your trading performance.
What is tradingview?
Tradingview is a global financial charting platform and social network for investors and traders. It is a comprehensive market analysis tool, providing up-to-date information on indices, stocks, futures, forex, and cryptocurrencies. The platform is accessible directly through your browser or on a variety of devices, allowing you to track market trends, make trades on the go, and interact with other traders to exchange in-depth analysis and effective strategies.
Tradingview has a vibrant community of over 100 million users where traders exchange strategies, ideas, and market information. By combining social media features with expert charts, the platform allows users to post analysis, track markets, and communicate with traders around the world.
In order to improve efficiency and minimize risks in the financial markets, tradingview always emphasizes the value of in-depth research before trading and encourages users to prepare carefully to make informed decisions.
Why should traders use tradingview prop firms?
Using tradingview prop firms brings investors the following benefits:
- Powerful Analysis Tools: A wide range of charting tools in tradingview allow traders to better understand market trends and make more informed investment choices.
- Community Connection: Tradingview allows you to use social networking tools to share ideas, learn from other traders, and compare your analysis with that of other traders around the world.
- Comprehensive Analysis: TradingView offers a wide range of technical indicators, helping traders deploy complex analytical methods to improve decision-making efficiency in the market.
- Flexible Device Access: Tradingview allows you to view charts from your computer, smartphone, or web browser without compromising user experience. Since all analytics are synced to the cloud, it is easy to track and continue working on any device at any time.
- Save Multiple Layouts: Tradingview allows you to save different chart layouts so you can use different strategies or trade in different sessions. You can quickly switch between analysis techniques, adjust them to your needs, and make sure they work well with the brokerage you are using.
- Live Data: Tradingview keeps traders updated with the latest developments and trends by providing real-time market news and information.
- Flexible Interface: By customizing the layout and chart design, the platform allows users to customize the experience to suit their own trading preferences.
Important factors to consider in tradingview prop firm
A reputable tradingview prop firm needs to meet the following factors:
Legal compliance and transparency
Compliance with industry standards and financial regulations is essential for a tradingview prop firm. This includes implementing risk management procedures, protecting customer data, and maintaining transparency in trading operations. In addition to protecting the interests of traders, this also promotes market stability and fairness.
Instant order matching capability
In trading, speed is an important factor. In order to execute orders instantly and benefit from price movements, the company’s platform must ensure a stable connection with extremely low latency. Evaluating the responsiveness of the trading website or application is another useful way to evaluate the efficiency and speed of tradingview prop firm’s order processing.
Comprehensive security solutions
The primary concern of traders when choosing a tradingview prop firm is information security. Brokers must encrypt data, use modern verification methods to protect against online attacks. By taking these precautions, users’ trading accounts and personal data are protected, and all operations are carried out in a completely safe and reliable environment.
Smooth API connectivity and efficient command processing
Stability is essential in tradingview prop firm so that traders can place, modify or cancel orders directly on the platform without any glitches or errors. A seamlessly connected API is key to supporting real-time trading and ensuring fast and accurate data transfer and synchronization between the brokerage firm and tradingview.
Customizable and flexible to use
Prioritize companies that allow traders to personalize their tradingview experience. This includes setting up custom alerts, saving custom chart layouts, or configuring trading parameters via APIs. This flexibility makes it easy for traders to tailor the platform to their own trading strategies, styles, and needs.
Diverse deposit and withdrawal methods with clear costs
Fast deposits and withdrawals, flexible payment methods, and capital management support are hallmarks of a reputable brokerage firm. Additionally, fee structures such as commissions, spreads, and platform fees should be transparent and kept competitive to help traders manage costs effectively and avoid unwanted hidden fees.
Training and research resources
Market news, research reports, webinars, courses, and mentorship programs are just a few of the rich learning and analysis resources that reputable prop firms regularly provide. By using these resources, traders can improve their knowledge, hone their skills, and stay up to date with market trends, all of which help them make better investment choices and increase their chances of success.
Dedicated customer support
Availability and timely support is crucial, especially when the market is volatile. Tradingview prop firms should offer multiple contact methods, including live chat, email, and phone, to ensure traders receive timely responses to technical issues or account queries, allowing for safe and easy trading.
5 trading firms exclusively use tradingview
Elite Trader Funding (ETF)
Before making real profits, traders can demonstrate their skills on a simulated account with Elite Trader Funding (ETF), a tradingview prop firm. With this model, traders can trade a variety of futures contracts, including forex, cryptocurrencies, stocks, precious metals, agricultural products and energies, and they can keep all their profits within a certain limit. For traders, this is the perfect environment to develop their skills and maximize profits.
Elite Trader Funding allocates real capital after a rigorous evaluation process, focusing on risk management, trading stability, and achieving profit goals. By supporting popular trading platforms such as TradingView, NinjaTrader, Rithmic, and Tradovate, the company also provides traders with access to advanced trading technology and charting tools.
Outstanding features of tradingview prop firm ETF:
- Funding opportunities immediately upon completion of simulation assessment
- Traders can use an 80/20 profit split after maintaining a 100% profit up to $12,000.
- There are 76 popular futures contracts to trade.
- There are a variety of account sizes, ranging from $10,000 to $300,000.
- Supports multiple platforms, such as Tradovate, NinjaTrader, Rithmic and TradingView.
OneUp Trader
With a simple one-step evaluation process, OneUp Trader, a futures proprietary trading firm, determines which traders are eligible for account funding. Traders need to achieve certain profit targets and complete at least 10 trading days before they can access real capital. From $25,000 to $250,000, OneUp Trader offers a variety of account types to accommodate different sizes and trading styles. With over 50 futures products, including stocks, forex, commodities and micro e-minis, OneUp Trader enables traders to use sophisticated charting tools and trading strategies by supporting over 20 trading platforms, including TradingView.
OneUp Trader’s Outstanding Features:
- One step review with clear profit target
- Over 50 CME futures products available
- Connect tradingview with more than 20 other software
- With the first $10,000, keep all profits, then split 90%.
- 24/7 support and private trading community for communication and education
My Funded Futures (MFF)
After completing the simulation test, traders can access real capital through My Funded Futures (MFF), a tradingview prop firm specializing in futures contracts. By collaborating with technology partners, such as integrating with dxFeed, the company provides live market data and supports a wide range of futures contracts, helping traders analyze and make more effective decisions.
MFF supports live trading on several popular platforms, including NinjaTrader, tradingview, and Tradovate. With its sophisticated charting system and live order placement capabilities, tradingview is uniquely positioned to speed up and improve the efficiency of trading and analysis.
Outstanding features of MFF:
- Funding immediately after simulation challenge ends
- Supports multiple types of futures contracts
- Provide real-time market data by integrating dxFeed.
- Use TradingView, Tradovate and NinjaTrader platforms to trade.
- Use tradingview to place orders directly on the chart.
FTMO
Founded in 2015 in the Czech Republic, FTMO is a modern tradingview prop firm that nurtures potential traders through a unique assessment process. A simulated account with a capital size of 200,000 USD will be used for two stages of challenge and verification before traders can access real capital from FTMO.
After passing the test, traders are granted access to a live capital account, allowing them to trade a variety of assets. By combining the security of demo trading with real cash rewards, FTMO offers attractive profit sharing rates of up to 90%. The company also supports a number of trading platforms such as tradingview, which allows access to sophisticated charting tools and direct order placement on charts.
Outstanding features of FTMO:
- Demo account with $200,000 balance
- Attractive profit sharing, up to 90% based on simulated trading results
- Integrate tradingview with many other popular trading platforms
- Provide performance coaching and in-depth training materials.
- Special program with fixed salary contract for excellent traders
Earn2Trade
Through a rigorous review process, Earn2Trade provides traders with a simple path to funding their accounts. The organization prioritizes education and trading discipline, providing traders with comprehensive educational materials and advanced analytical tools to help them improve their skills and develop sustainable careers.
With seamless integration for chart analysis and live order placement, traders can choose from a variety of trading platforms such as tradingview, NinjaTrader and R|Trader Pro. Earn2Trade offers traders flexibility and security by offering multiple account levels, risk management guidance and an attractive 80/20 profit sharing ratio.
Earn2Trade’s outstanding features:
- Focus on futures for CME, COMEX, NYMEX and CBOT
- Offering Gauntlet MiniTM and Trader Career Path® assessment programs
- Supports multiple trading platforms, including R|Trader Pro, NinjaTrader and tradingview
- Lots of learning resources, such as webinars and video tutorials
- 80/20 profit sharing with weekly withdrawal option
Your trading performance can be significantly improved by choosing the best tradingview prop firm thanks to its powerful analytical tools, real-time market data and support from a community of professional traders. Combining the power of tradingview with the resources of a proprietary trading firm will increase your chances of achieving your financial goals, regardless of your experience level.