TradingView Brokers in South Africa
TradingView is perhaps the most advanced charting platform in the world. It has an array of advanced technical charting tools and indicators to make your analysis process a breeze. In addition, it has a social trading feature that makes it easy for traders to connect and share ideas.
Today, you don't have to switch between your broker account and TradingView. TradingView has integrated various brokerage firms enabling you to analyze and open trades on the same platform. You can trade on verified, user reviewed, and supported brokers directly on TradingView. Today, we will review the best brokers in South Africa that offer seamless integration of TradingView.
About TradingView
TradingView has over 30 million monthly visitors, including traders and investors sharing eight million plus scripts and ideas. You can choose the popular ideas or go with the editor's pick. TradingView offers traders a platform to research and keep track of the forex, commodities, stocks, indices, cryptocurrencies and futures markets.
This article explores brokers who are integrated with TradingView and provide trading services to South African traders.
Best TradingView Brokers in South Africa
Pepperstone
Pepperstone is a Forex and CFD broker that supports trading 1,200+ instruments covering the forex, indices, stocks, ETFs and commodities markets. Apart from featuring TradingView as one of the trading platforms, users can also trade on MT4, MT5 or cTrader.
Pepperstone traders who wish to trade on TradingView can open the Razor account, which offers spreads as low as 0.0 pips and comes with a low commission fee of $3.50 per side per lot. Clients using the cTrader or MetaTrader 4&5 platforms can also open a standard account, which offers spreads starting from 1.0 pips on major currency pairs with no commissions.
The broker is regulated across multiple jurisdictions and holds licenses from the CMA in Kenya, ASIC in Australia, FCA in the UK, DFSA in Dubai, CySEC in Cyprus, BaFin in Germany, and SCB in the Bahamas. In addition to that, the broker boasts of having ultra-fast execution times that are only 60 milliseconds or less.
To connect TradingView and Pepperstone you first need to open Pepperstone Razor account. Once you complete your registration and fund your account you can access the TradingView platform through Trading Preferences from your Pepperstone account. Once you do that, log into TradingView and select the Trading Panel. Locate Pepperstone and connect your account. Authorize the connection between your Pepperstone and TradingView accounts by approving access. Once the connection is successfully established, you can start trading on TradingView with your Pepperstone account.
Pepperstone was awarded “Broker of the Year 2022” prize by TradingView.com.
In the latest TradingView awards (2023), Pepperstone won the social champion award.
Forex.com
Forex.com has been connecting traders with trading markets since 2001. It aims to win traders' trust by offering low costs and superior execution at an average of 0.06-second execution speed.
Forex.com provides traders from South Africa with access to over 5,500 trading assets, including those from the forex, indices, stocks, commodities, and cryptocurrency markets. Apart from using TradingView as the trading platform of choice, traders can also select MT4 or MT5 to trade their favourite assets.
The broker offers two main trading accounts which differ in trading fees and conditions. The standard account has competitive spreads that start from 0.8 pips on EUR/USD and has no commissions on 300+ markets. The raw account, on the other hand, comes with spreads as low as 0.0 for major currencies with a $5 USD commission per side per $100k USD traded.
To integrate your Forex.com account with TradingView, first, register with Forex.com. Afterward, visit TradingView.com and create an account, selecting the appropriate service level for your needs, with a free option available. Once logged in to TradingView, go to the Products section, choose Supercharts, open the Trading Panel, and click "Connect" under FOREX.com. Enter your FOREX.com login credentials to finalize the connection.
Screenshot taken from the Forex.com site > Platforms and tools > TradingView
Tickmill
Tickmill is another broker that you can connect to TradingView. The broker provides access to different asset classes covering the Forex, indices, stocks, bonds, commodities, and cryptocurrency markets. There are 3 account types to choose from, the classic account, the raw account and the tickmill trader raw. These accounts differ in trading conditions.
The classic account has spreads from 1.6 pips on major currency pairs with no paid commission, the raw account has spreads from 0.0 pips and a low commission fee of $3 per lot per side, the Tickmill trader raw has also spreads from 0.0 pips bit slightly higher commission fee sitting at $3.5 per lot per side. This last account is primarily for investors using the proprietary mobile application Tickmill Trader. The broker offers to South African traders having an account denominated in USD as well as in ZAR.
Tickmill has a great regulatory standing in South Africa with the local FSCA license accompanied by global regulations such as the Australian ASIC or the Cyprus' CySEC.
If you go to Tickmill and visit their platforms page you are not going to find TradingView. Nevertheless,t hey do support this platform, you can check yourself at TradingView. So to connect Tickmill to TradingView you first have to open your Tickmill account, then go to your TradingView account to the Products section, select Supercharts, and then open the Trading Panel. Click on "Connect" under Tickmill. Enter your Tickmill login credentials to complete the connection.
FP Markets
FP Markets is an ECN broker with a raw account where spreads start from as little as 0.0 pips (*$3 commision fee per side per lot applies). On the standard account, they start from 1 pips with no commission fee. The broker provides access to popular retail platforms MT4 and MT5 and TradingView. In total, the broker features over 10 000 trading assets. The company is licensed in South Africa by the FSCA and supports trading on 70+ forex pairs including EUR/ZAR and USD/ZAR.
City Index
City Index has the luxury of calling itself one of the fastest brokers in the market today. Unsurprisingly, it provides some of the best trading platforms to its clients including TradingView. On this platform, traders can invest in over 6,000 global market instruments from the forex, indices, shares, commodities, and bonds markets. This great diversity is coupled with some of the lowest spreads starting from 0.8 pips for major currency pairs when using the standard account.
The broker claims to have an average execution speed of 0.02 seconds and that 99.83% of trades are executed in less than 1 second. The broker is licensed and authorised by the ASIC in Australia, CySEC in Cyprus, CIRO in Canada, and FCA in the UK.
To integrate TradingView with your City Index account, start by creating and logging into your City Index account. Next, access your TradingView account, navigate to the ‘Charts’ tab, and open the trading panel at the bottom of the screen. From the list of available platforms, select City Index and click ‘Continue’. If you are already logged into City Index, an authorization screen will appear. Once authorization is granted, you can commence trading from your City Index account through TradingView.
Why Use TradingView
What are some of the benefits of using TradingView?
Regulation: FCA, ASIC, CySEC, NBRB, FSA, Spreads: as low as 0.6 pips
Max. leverage: 1:30, Forex pairs: 90+,Min. deposit: 20$
Capital.com has lived its commitment of providing top trading services, including a seamless 24/7 trading experience, competitive fees, and customer support. In fact, it is TradingView’s most innovative tech 2021 award winner.
Capital allows you to trade CFDs in over 7400 markets spread in shares, currency pairs, commodities, and indices. And your money is secure in segregated bank accounts and accounts secured with top security protocols. You don't have to worry about privacy because it complies with PCI data security standards. Besides TradingView, you can also trade via mobile app, web platform, or Metatrader.
CFD Service. Your capital is at risk.
TradingView Brokers - Conclusion
TradingView is one of the most advanced trading platforms in the world. It has customizable and advanced tools that make your trading a breeze. The good news is that TradingView has integrated some brokers, giving you direct access to your account. You can do proper analysis without switching between the TradingView interface and your broker, which can cause inconveniences. If you are a South African trader, this guide can help you choose a TradingView connected broker. Check attributes like spreads and minimum deposit requirements, and choose a broker that best suits you.