TradingView launches stock trading via DriveWealth

TradingView launches stock trading via DriveWealth

TradingView, a retail charting tool and a trading platform in one, said on Monday it is launching trading in stocks. The new offering was made available after the company partnered with DriveWealth, an equities broker that specialized in US stocks.

“Our partnership with TradingView will provide investors worldwide with a seamless social-trading experience,” said Robert Cortright, Founder and CEO of DriveWealth. “This latest integration empowers traders by giving them the ability to access insight, analyze trends, and execute trades, all on one platform.”

Clients of TradingView need to obtain a CQG-enabled login from DriveWealth if they want to benefit from the new offering.

DriveWealth is part of holding company DriveWealth Holdings. It offers trading in US and international stocks and exchange-traded funds (ETFs). The company is a member of the Financial Industry Regulatory Authority (FINRA) and US brokerage accounts have a coverage of up to $500,000 by the Securities Investor Protection Corporation (SIPC).

Last week, TradingView launched live trading through US forex giant Forex Capital Markets (FXCM) and later started beta testing trading through Canada-based forex broker Oanda. In May this year, TradingView started offering live trading in forex and contracts for difference (CFDs), with FXCM being the first broker to be added.

In late July, the platform added Stock Screener, a new tool that allows users to filter stocks by their own preferences.

TradingView features customizable charts, basic and advanced ones alike, as well as more than 50 drawing tools that can be used for understanding and analyzing the financial markets. It is web-based and uses HTML5 charts. Its charts work on all browser and operating systems. The platform provides free access to data about a wide range of trading instruments, among which forex, Bitcoin, stocks, futures, all major indices, and CFDs.

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