TradeStation Securities has completed API integration with TradingView. TradeStation is the US based broker branch of MoneyX Group, a Japanese financial services giant. TradingView is home to a large number of trading communities, including equity and forex market players.
Through this API integration, traders can now use their TradeStation account to directly trade using TradingView’s platform. The new connection between the two firms will create ease in trading for TradeStation clients, and expand the number of ways through which TradingView can be accessed. The number of traders making use of TradingView can be expected to grow as users of TradeStation gain easy access to the platform as a result of the API integration.
Merging two platforms
The partnership between TradeStation and TradingView creates a unique union between the two. Most of the integrations with TradingView are centered around the charting tools, but the integration with TradeStation goes beyond that. TradeStation has been completely integrated into TradingView and works as a supported broker in the platform’s trading panel. This allows TradeStation’s users to execute their trades through charts without having to leave the platform.
If a user is a client of both platforms, they get extra benefits from this integration. They will receive real time alerts on breaking news, options to scout the best trading options on the day, write down anything they would like to return to later, and connect with other traders on the platforms. These options create a sense of community and make TradeView the biggest trading social network.
TradingView creating a comprehensive platform for clients
The partnerships and developments being made by TradingView are evidence of the platform’s endeavor to offer its clients a one stop comprehensive trading platform. The firm has approached how they offer trading services to their clients differently from most of their competitors.
TradingView uses a chart based approach, which places importance on visuals and visual tools to assist investors as they engage with the various trading options. It also gives its clients a community based trading platform on which everyone involved can share their ideas and any relevant information about trading. The creation of this community environment gives users a sense of belonging.
To add to the many trading options available, TradeView has a marketplace for third party tools. Users can access the web store and purchase any of the tools available on the platform. The web store has achieved significant growth in popularity over the last few years.
TradeView is planning on launching a cryptocurrency service before the end of the year. The firm announced these plans earlier this year, and it is expected that the platform will be up and running within the next few months. Entry into the crypto space would make the platform one of the most diverse and all encompassing trading platforms.