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TradingView vs StockCharts 2023: Brokerage Trading

TradingView vs StockCharts Review 2023: Brokerage Trading

When it comes to online charting platforms, TradingView and StockCharts are two of the most popular options available. Both offer various features and tools to help traders and investors analyze the markets and make informed decisions.

However, some key differences may make one service more suitable. To determine which platform best suits your needs, it’s essential to take a closer look at the features and tools each offers and the costs and pricing structures.

In this TradingView vs StockCharts review, we’ll dive into the similarities and differences between TradingView and StockCharts, to help you decide which is right for you.

TradingView is Better For: StockCharts is Better For:
Traders who want to a share ideas with a large community of traders For long-term investors
Investors who wants custom technical indicators Traders who wants comprehensive historical data
ideal for those who are just getting started with technical analysis ideal for experienced traders

When comparing TradingView and StockCharts, assessing each platform’s specific features and tools is essential.

Although both offer comprehensive charting capabilities, some key features can make one more beneficial to your investment goals in the long haul.

TradingView StockCharts
Free Features Stock chart, limited access to indicators, custom scripts, broker integration, simulated trading, trading  Charting tools, three technical overlays per chart, and three technical indicators per chart
Paid Features Indicators, multiple charts, watchlists, alerts, custom layouts, data exporting, community access Ad-free experience, advanced charting features, real-time data, auto-refresh, scans, chart lists, price alerts, historical data
Service Type Charting analysis Charting and analysis platform
Fees $0 – $59.95/month $0 – $39.95/month
Securities Analyzed Stocks, futures, Forex, indices, mutual funds, crypto, CFDs Stocks, crypto, indexes, currencies, commodities
Best Use Trading on supported brokerages Trading with Tradier Brokerage
Current promotion Learn more Learn more
Overall rating 4.5 4.5

Factor 1: Free Features

Many top features are typically reserved for premium subscribers regarding market research platforms. However, some valuable tools and resources are still available, even on the free version.

With features ranging from educational resources to helpful trading tools, these free options can be incredibly beneficial in taking advantage of new trading opportunities.

StockCharts allows charts to be viewed freely

  • StockCharts offers SnapCharts and Seasonality
  • TradingView offers scanning and screening for free
  • StockCharts allows you to use the free version without creating an account

TradingView

When using TradingView, it’s important to note that most of its advanced features are reserved for paid plans. However, you can still access several valuable features as a free user. You can create watchlists, set up real-time stock alerts, and perform basic screening and scanning.

Another benefit of TradingView’s free version is using the mobile app, paper trade, and trade through one of the 43 supported brokerages. Additionally, the platform’s native programming language, “Pine,” is available to free users who want to create their custom indicators.

StockCharts

As a free user, you can access a wealth of information on StockCharts, but it comes with limitations. You’ll have access to various charts, including “SharpCharts” and “Seasonality,” as well as StockCharts TV, some articles, and ChartSchool. Using this version without creating an account is possible, although the site will urge you to sign up.

While the free version of StockCharts provides an excellent starting point, most of the platform’s most advanced features are only available to paid subscribers. Therefore, you may consider signing up for one of the site’s premium plans to access additional tools and services to help you make more informed trading decisions.

Factor 2: Paid Features

StockCharts allows charts to be viewed freely

  • StockCharts offers SnapCharts and Seasonality
  • TradingView offers scanning and screening for free
  • StockCharts allows you to use the free version without creating an account

TradingView

When you subscribe to TradingView, you’ll immediately notice the lack of ads, one of the main differences from the free version. You will also access more advanced charts & charting features, including volume profile indicators, auto-refresh screeners, and customer support.

In addition, TradingView’s online active community of traders is a valuable resource for trade ideas and custom indicators that you can use in your analysis. A paid subscription to TradingView is an excellent option if you’re an active trader who needs stock scans, fundamental analysis tools, and in-app trading, all on a single platform.

StockCharts

When you upgrade to a paid StockCharts account, you’ll enjoy more flexibility and control over various features on the website, including RRG charts and CandleGlance styles. In addition, a paid subscription will give you access to features like in-app trading, auto-refresh, custom chart lists, and price alerts.

Plus, you can use up to 25 indicators per technical chart, providing more comprehensive technical analysis tools for your trades.

Factor 3: Subscription Costs

TradingView offers more features on its plans

  • TradingView highest paid plan costs $59.95 monthly
  • StockCharts is more affordable
  • TradingView offers real-time data packs

TradingView

TradingView offers you three different options: “Pro” ($14.95/month), “Pro+” ($29.95/month), and “Premium” ($59.95/month). However, if you opt for an annual subscription, you can save significant money. While the platform doesn’t offer refunds, every paid plan includes a free 30-day trial. Real-time data packs are available for an additional fee, as with StockCharts.

StockCharts

When it comes to StockCharts, there are three paid plans available: “Basic” ($14.95/month), “Extra” ($24.95/month), and “Pro” ($39.95/month), in addition to the free plan. All plans include free BATS real-time data for the US market (delayed in other markets), with additional real-time data feeds available for an extra fee.

Members can choose to pay for these plans monthly or annually. Opting for a yearly plan means paying for 12 months upfront and receiving an additional month’s membership for free.

TradingView vs StockCharts: Our Summary

TradingView and StockCharts offer a range of features to help traders identify patterns and make informed trades.

However, TradingView has the edge over StockCharts, offering much more than just a simple stock analysis tool. With TradingView, you can create custom scripts, perform backtests, and join an online community of traders to exchange ideas.

While StockCharts is a good option for traders who want an essential charting experience, TradingView is an excellent choice for those who want the best possible charting experience.

If you’re looking for the best charting experience, we recommend TradingView.

Click here to try out TradingView today and take your trading to the next level!

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