3 best Tradingview Brokers in India: Comparison & test

See the list of the 3 best TradingView brokers in India:

Broker:
Regulation:
Yield & Assets:
Advantages:
The offer:
4.9/5
12345
FCA, ASIC, DSFA, SCB
1 pip markup on raw spreads for the Standard account
1200+ Markets
  • Regulated by the FCA, ASIC, DSFA & SCB
  • Great education section available
  • MT4, MT5, cTrader, TradingView, Capitalise.ai
  • Raw spreads
  • Trade Crypto, CFD, Stocks & more
  • Low commissions
Live-account from $0
  Sign up for free

(Risk warning: 72.2% of retail trading accounts lose money)

5.0/5
12345
CIMA, ASIC
$0
400+ Markets
  • Regulated by the CIMA & ASIC
  • Fast account opening
  • Excellent execution speed
  • MT4 & MT5 available
  • Raw spreads from 0.0 pips
  • Leverage up to 1:1000
Live-account from $200
  Sign up for free

(Risk warning: Your capital can be at risk)

4.8/5
12345
FCA (UK), CySEC (CY), ASIC (AU), NBRB (BLR), FSA
From $0
6000+ Markets
  • Regulated broker
  • 6000+ Markets
  • Free demo account
  • Low fees & Raw spreads
  • Professional platforms
Live-account from $20 with card
  Sign up for free

(Risk warning: 81.40% of retail trading accounts lose money)

Broker:
Regulation:
FCA, ASIC, DSFA, SCB
Yield & Assets:
1 pip markup on raw spreads for the Standard account
1200+ Markets
Advantages:
  • Regulated by the FCA, ASIC, DSFA & SCB
  • Great education section available
  • MT4, MT5, cTrader, TradingView, Capitalise.ai
  • Raw spreads
  • Trade Crypto, CFD, Stocks & more
  • Low commissions
The offer:
Broker:
Regulation:
CIMA, ASIC
Yield & Assets:
$0
400+ Markets
Advantages:
  • Regulated by the CIMA & ASIC
  • Fast account opening
  • Excellent execution speed
  • MT4 & MT5 available
  • Raw spreads from 0.0 pips
  • Leverage up to 1:1000
The offer:
Broker:
Regulation:
FCA (UK), CySEC (CY), ASIC (AU), NBRB (BLR), FSA
Yield & Assets:
From $0
6000+ Markets
Advantages:
  • Regulated broker
  • 6000+ Markets
  • Free demo account
  • Low fees & Raw spreads
  • Professional platforms
The offer:

TradingView is the talk of the town among new to expert traders. With its additional features, charting, and backtesting strategies, one can escalate their trading experience to new heights.

So, what is TradingView all about in India? Let’s find out!

In this article, we compare three TradingView brokers in India. If you want to know more about using the platform at its best, stay tuned till the end.

#1 Pepperstone

Pepperstone with TradingView connection
Pepperstone TradingView Broker in India

High-speed trade execution and affordable ECN trading conditions are features of Pepperstone, an internationally renowned FCA and ASIC registered broker.

 The best technology and trading conditions are available to Pepperstone’s clients, which has given the company its renown. These include all three main third-party trading platforms, the cTrader integration of TradingView, and extremely low spreads compared to most other brokers.

For Indian Forex traders seeking a cheap and trustworthy NDD broker with quality training, market analysis sections, and a respectable array of trading instruments, Pepperstone ought to be their first pick.

→ Sign up for free with Pepperstone and use TradingView now!

(Risk warning: Your capital can be at risk)

Pepperstone types of account:

There is no minimum deposit amount needed for this commission-free trading account. The spreads on the EUR/USD average 0.77 pip include costs. One of the most affordable trading accounts available, this one is especially beneficial for new traders who don’t want to waste time figuring out commissions.

For customers unable to pay interest, Pepperstone provides a swap-free account for inhabitants of countries with most Muslims, including Malaysia.

Pepperstone: Differences between the standard account and the razor account

 The Swap-free Account has variable spreads that average between 1-1.2 pip on the EUR/USD and is commission-free. 

In addition, on trades that have been open for longer than 10 days, Pepperstone charges a flat administration fee rather than a nightly swap fee. 

This cost varies based on the product available for trade. However, it is 50 USD for Forex and precious metals and 1 USD for soft commodities like cocoa, coffee, and cryptocurrencies (apart from Bitcoin).

The Razor Account from Pepperstone offers raw spreads and has no minimum deposit requirements. On the EUR/USD, spreads are typically 0.17 pip, the lowest average spread we have seen at ANY broker, and a commission is assessed per lot traded. The currency value of your account, the trading volume, and the platform you use to trade all affect the commissions you pay.

Deposit and withdrawals

Despite lacking clarity regarding funding sources and costs, Pepperstone often does not impose deposit or withdrawal fees. As a result, we had no issues making a deposit using a local bank transfer, and withdrawal speeds are good.

Because Pepperstone is a well-regulated broker, it ensures that all Anti-Money Laundering laws and guidelines hold good. As a result, all non-profit transactions are sent back to the source.

 Most Indian traders will want their trading accounts to be in US dollars. Still, others may choose to have multiple accounts with different base currencies to avoid paying conversion fees when they trade. Trades can be made possible by the large selection of base currencies offered by Pepperstone.

Funding options and charges: Pepperstone has several fee-free deposit and withdrawal alternatives; however, it charges a fee of 20 USD for international bank transfers and 1 USD for withdrawals made through Skrill or Neteller.

When we put credit card deposits to the test, we discovered they were immediately processed. We had to wait 2 days, which is usual for the sector, to get our money out.

Currently, Pepperstone has a rating of 4.6/5 on TradingView

→ Sign up for free with Pepperstone and use TradingView now!

(Risk warning: Your capital can be at risk)

#2 Vantage Markets

Vantage Markets ProTrader by TradingView
Vantage Markets ProTrader by TradingView in India

Vantage Markets is a reliable STP/ECN broker. However, compared to other brokers of a similar kind, it offers a smaller selection of financial instruments. Nevertheless, most popular trading platforms are supported, and all their accounts have good trading conditions.

 The company’s two ECN accounts, which provide raw spread pricing in exchange for a fair commission, are the most notable. It has fewer educational resources and market analysis parts, but it provides exceptional customer service and a free lifetime MT4 demo account.

Vantage Markets types of account:

The Standard account is ideal for new traders who desire commission-free direct market access. This STP account has a minimum deposit of $200. Traders have access to leverage of up to 500:1, and the spreads, which begin at 0.00 pips on the EUR/USD, include fees. These trading expenses fall within the range of the sector. 0.01 lots are the bare minimum for transactions.

This account is an ECN, as the name would suggest, and there is no trading desk. Raw ECN accounts are specialized trading accounts with variable spreads on the EUR/USD starting at 0 pip. 

Leverage is 500:1, the minimum deposit is 500 USD, and a commission of 3 USD per lot per side (6 USD round turn). Compared to other brokers, these trading fees are less.

Vantage Markets account types
Vantage Markets account types

Pro ECN accounts are designed for high volume, successful traders and money managers. Spreads are narrow, starting at 0.0 pips, with a commission of 2 USD per lot per side. The minimum payment is 20,000 USD (4 USD round turn). These trading expenses are among the lowest in the sector.

For Forex traders who are hesitant to accept or pay swaps owing to religious convictions, Vantage Markets swap-free accounts are available. No swaps or interest fees are charged on overnight holdings in Vantage Markets Swap-Free Accounts. Instead, an administration fee subtracted from the account’s balance is imposed on overnight positions and invoiced to the account holder.

The administration charge comprises the costs assessed by its liquidity providers and an internal processing fee (about 10%). Because the cost charged by its liquidity providers is unpredictable, admin fees also frequently change. Swap-free accounts are identical to conventional Vantage Markets accounts in every way except this one.

Deposit and withdrawal

Although deposits at Vantage Markets can be free, some withdrawal options have a cost. Furthermore, processing times are typical for the sector.

Indian traders can mostly use the credit or debit card transaction method and wire transfers. The other transaction methods aren’t permitted to Indian traders. Deposits are free.

However, the platform isn’t responsible for the transaction fee levied by the respective banks. Within one business day, all withdrawal requests are handled from Monday through Friday, 9 am to 7 pm (AEST). 

Customers only need to enter the secure Vantage Markets client portal and choose the withdraw tab from the menu to withdraw money online.

Currently, the ratings aren’t available on the TradingView Website.

#3 Capital.com

TradingView broker Capital.com in India
TradingView broker Capital.com in India

Capital.com is an international CFD broker established in 2016. The firm is owned and run by Capital Com SV Investments Limited. 

The broker’s headquarters are in Cyprus, and it presently welcomes clients from more than 183 nations. It keeps offices in the UK, Cyprus, Gibraltar, Australia, and Seychelles. The FCA, FSA, ASIC, and CySec oversee Capital.com’s compliance with their rules.

Additionally, traders seeking a superior user experience must use it. The broker’s mobile app enhances the trading experience by utilizing an EQ-patented AI trade bias detection algorithm. As one of the few online brokers, it uses this technology to assist its traders.

→ Sign up for free with Capital.com and use TradingView now!

(Risk warning: Your capital can be at risk)

Capital.com types of account

The one account type offered by Capital.com is suitable for novice and experienced traders, unlike most CFD brokers, who offer at least two or three.

On MT4 and Capital.com’s proprietary online trader platform, trading is available, and clients can open both real and demo accounts with a single registration.

Both novice and seasoned traders can use the Capital.com account. Beginner traders are untrained individuals who have never traded before or have done so for less than a year. Beginners frequently do not want to risk trading significant sums of money and are typically unable to trade full-time throughout the workweek. The account at Capital.com offers a fair minimum balance requirement of 20 USD, making it accessible to new traders.

Deposit and withdrawal

Capital.com supported payment methods
Capital.com supported payment methods

The users of Capital.com are not subject to any commission fees. The maximum leverage offered to retail clients is 30:1. Leveraged trading has the potential to increase gains and losses.

 However, the broker assesses an overnight fee based on the leverage offered. Fees are not solely determined by leverage. Capital.com assesses an overnight fee based solely on leverage instead of the full value of your stake for cryptocurrencies, stocks, and thematic investments. 

The overnight cost for trading indices, commodities, and foreign exchange is calculated based on the total value of your position. Capital.com requires a minimum $20 credit card deposit to start an account. This threshold is one of the lowest ones available.

Multiple transaction methods like WorldPay, Apple Pay, Wire Transfer, Union Pay, and Credit/Debit Cards are available to deposit and withdraw. The withdrawal time is up to 2 days.

Currently, Capital.com has a rating of 4.6/5 on the TradingView website.

→ Sign up for free with Capital.com and use TradingView now!

(Risk warning: Your capital can be at risk)

How to connect the broker in India with Tradingview?

If you have a brokerage account with either of the ones we mentioned above, then all you have to do is connect your brokerage account with Tradingview to enjoy the perks of the platform.

Step #1: Create a TradingView account and broker account

Sign up for a TradingVIew broker in India
Sign up for TradingView
→ Sign up for free with Pepperstone and use TradingView now!

(Risk warning: Your capital can be at risk)

If you have an account in Vantage Markets, Pepperstone, or Capital.com, you must link your brokerage account to a pre-existing or a new TradingView account.

To create a TradingView Account, you can sign up using your pre-existing Google or Yahoo account or via Facebook.

The platform also offers its new users an option to create an account with other email credentials.

Once you opt for the suitable sign-up method, you must create a new password with any pre-existing IDs.

Once you complete the sign-up process, the system will send an activation link to your mail ID for further verification. For that, you need to login into your pre-existing mail ID and click on the activation link to access the benefits of the new TradingView account.

Currently, there are 3 account options for Indian and global traders – Pro, Pro+, and Premium.

Step #2: You need to open the TradingView chart window to access the new charts and trading panel.

Choose the broker on the TradingView platform
→ Sign up for free with Pepperstone and use TradingView now!

(Risk warning: Your capital can be at risk)

Step #3: Select the “Trading Panel” tab from the bottom menu in the chart window.

Step #4: Enlarge the “Trading Panel” window to see all offered TradingView brokers.

Step #5: Mouse over the brokerage company where you have financed an account. Click ‘Connect’.

Connect the broker to TradingView

To be clear, I’ll utilize my Pepperstone account for the following example. Each other broker goes through a similar procedure.

Step #6: Type in the login information for your brokerage account (Username and Password).

IMPORTANT: A connection issue can appear when signing up with some TradingView brokers. Your live brokerage account should be visible in the top tab of this window.

A green light with the name of your broker trading panel will appear when the connection is successful.

Step #7: Reduce the order window’s size in step eight. With your brokerage account, you can now access the TradingView account successfully.

→ Sign up for free with Pepperstone and use TradingView now!

(Risk warning: Your capital can be at risk)

How to trade on Tradingview with a broker in India?

How to trade on TradingView in India

Step #1: Update the account balance

We advise you to start with a low balance. For example, you can start with a small capital and then proceed with more as you get more comfortable with the platform and its trading style.

For instance, if you want to invest $10,000, you can start paper trading with $5000 or $10,000 at once or less.

Choose “Reset Paper Trading Account” from the Paper Trading menu by clicking on it.

To save adjustments, type in the appropriate balance and then click Reset.

Step #2: Activate the buy and sell buttons

So that you may place orders more quickly, you can add the Buy and Sell buttons to the screen.

Launch the Paper Trading panel, perform right-click on the screen, and choose “Show Buy/Sell Buttons.”

By and sell button on TradingView

Step #3: Modify commission settings

You can visit your preferred online brokers for additional information about their commissions.

For instance, you can alter the commission amount to $10 if your brokers charge $10 for each deal.

By enabling this option, you can better understand what it’s like to make a trade.

→ Sign up for free with Pepperstone and use TradingView now!

(Risk warning: Your capital can be at risk)

Trading regulations of brokers in India

The capital markets watchdog SEBI oversees forex trading in India and ensures that businesses abide by the Foreign Exchange Management Act, 1999. Forex transactions are governed by the RBI, the nation’s central bank.

Securities and exchange Board of India

Along with the INR, trade in the US Dollar, Japanese Yen, British Pound, and Euro is legal in India. In addition, cross-currency pairs between EUR/USD, USD/JPY, and GBP/USD are permitted.

The investor either makes money or loses money depending on the difference between the asset’s price at opening and closing. Similar to binary trading, which includes placing bets on how a pair’s price will change over a certain length of time, it is prohibited.

The broker must be registered with SEBI for legal forex trading in India. Additionally, anyone interested in forex trading online in India must confirm that the broker is registered with SEBI. 

You can trade foreign exchange on reputable stock markets like the Metropolitan Stock Exchange, the National Stock Exchange, or the Bombay Stock Exchange (BSE).

Available assets to trade in India on TradingView

Unlike Capital.com, Vantage Markets, or Pepperstone, TradingView isn’t a trading platform. Thus, the available assets you can trade depend on which broker you are trading with.

One of the few available assets you trade using either of the three brokers on TradingView include:

TradingView advantages for Indian traders:

TradingView is a social platform created for trading experts from all corners of India to put together their best ideas on the platform. In addition, the platform is a good charting system for beginners and experts who want to try new trading strategies to yield extra profit.

Currently, Tradingview is one of the trending platforms with advanced trading indicators and charting tools. So now traders from India too can explore and earn a good passive income just like their US and UK trading counterparts.

Here are some key features of TradingView:

  • Wide range of charts and advanced indicators to choose from.
  • Accommodates a variety of marketplaces and exchanges.
  • Allows a variety of asset classifications.
  • Plenty of strategies to choose from, including the backtesting strategies.
  • You can opt from several screeners, including stock, forex, and crypto screeners.
  • There are more than 90 drawing tools available with all the plans.
  • With a paid account, you can opt for various time frames ranging from a few seconds or minutes to even hours.
  • The Snap feature will keep you updated about the latest market news and daily crypto and stock values.
→ Sign up for free with Pepperstone and use TradingView now!

(Risk warning: Your capital can be at risk)

Fees and costs

The cost is simple to comprehend. TradingView Basic is free. However, the Paid Plans range in price from $14.95 for Pro to $59.95 for TradingView Premium for a month.

Get TradingView Pro for free with Vantage Markets

The paid plans also come with annual subscription options. For example, the annual fee of TradingView Pro is $155.40, TradingView Pro+ is $299.40, and TradingView Premium is $599.40. The yearly subscription offers a -16% reduction, or roughly two months free, compared to monthly subscriptions.

→ Get TradingView Pro for free on Vantage Markets

(Risk warning: Your capital can be at risk)

Conclusion: Pepperstone is the best broker for TradingView in India

So, these all were 3 TradingView brokers India ranked based on their ratings.

As per many traders, TradingView has been an essential charting tool for trade references. Even though the platform doesn’t support all major brokers, it is still useful for analysis. Moreover, one can benefit from its free feature at most, even if they aren’t sure about upgrading to the Pro version.

Moreover, the pricing of TradingView is quite nominal if we compare it to another charting system available. Hence, making it one of the reliable, comprehensive, and essential systems for online trading. 

Most asked questions about TradingView brokers in India:

Is Tradingview a trustworthy option for Indian traders?

TradingView is a strong statistical research application that can be used by both beginner and professional traders and investors in India. It is dependable, thorough, and contains the majority of the information you require for the day trades. Regardless of the minor faults mentioned above, its inexpensive price helps make it a no-brainer.

How TradingView generates a profit?

Marketing. TradingView can monetize customers who do not subscribe to its paid version in addition to registrations. It is capable of doing so by placing flash advertisements across its trading website. Ads appear inside charts in addition to suggestions and comment areas.

Is MT4/MT5 superior to TradingView?

MT4/MT5 was designed only for FX trades and has not progressed past that point. If you desire to engage in share trading, cryptocurrency trading, or derivatives, MT4/MT5 is not for you. TradingView, on the contrary side, enables you to examine virtually any asset, like currency pairings, commodity markets, equities, indexes, futures, cryptocurrencies, and so on.

→ Sign up for free with Pepperstone and use TradingView now!

(Risk warning: Your capital can be at risk)

About the author

Percival Knight
I am an experienced Binary Options trader for more than 10 years. Mainly, I trade 60 second-trades at a very high hit rate.

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