Professional charting and trading platform, TradingView has integrated Canada-based brokerage firm Velocity Trade as the latest online trading partner.
Velocity Trade provides its clients with access to a wide array of over-the-counter (OTC) and exchange listed products. The broker also offers prime brokerage service, investment banking, as well as wealth management products through its WealthTech portfolio.
Earlier in October, multi-asset financial service provider Wedbush has purchased a significant stake in Velocity Trade. The move enables Wedbush to leverage Velocity Trade’s global presence and its regulatory framework to offer various solutions. It currently has offices in Canada, the UK, Australia, New Zealand, the Netherlands, Germany, South Africa and Barbados.
Velocity Trade traders will now have direct access to TradingView from their own accounts, which yields many benefits for users in the form of an integrated trading terminal and other suites of tools.
To access their new partner, users need just to head over to TradingView platform’s trading panel to find Velocity Trade’ icon, type in their broker credentials, and start experiencing new opportunities, the company explains.
The deal is yet another marquee expansion for TradingView, as it continues to increase the number of supported brokers on its platform.
While some integrations with TradingView influence only the charting tools, today’s development marks a more substantiated partnership with Velocity Trade. It includes the integration of Velocity Trade into the TradingView platform as a supported broker in the trading panel, enabling all users to trade through charts without leaving the site.
TradingView users, who are also Velocity Trade brokerage customers, can receive customized alerts on breaking news, connect with other users, write down thoughts and scout the most active stocks of the day.
TradingView is a data-driven investor community, which is ranked among the top 300 websites in the world, powering over 40,000 other websites and providing social networks. The company’s approach differs from other social trading networks because it is chart-based with an emphasis on visuals to support investing and provide communal space to view and share trading ideas.
Furthermore, TradingView has a web-store where users can purchase access to third-party tools. The company’s solution had already been rising in popularity in recent years as it has successfully marketed itself as a provider of smooth HTML5 charts that encompass a diverse set of asset classes.