Motivewave vs TradingView 2024: Which trading software is better?
Disclosure
This page may contain affiliate links. This means we earn a small commission (at no additional cost to you) if you purchase a product through our links. In the fast-paced world of trading, having the right tools at your disposal is crucial for success. Among the myriad of charting platforms available to traders today, MotiveWave and TradingView stand out as two of the most powerful and popular options.
Both platforms have amassed a dedicated following, and for good reason – they each offer a unique blend of features and functionalities that cater to different trading styles and preferences. But when it comes to choosing between these two titans, how do you know which one is right for you?
| MotiveWave is Better for: | TradingView is Better for: |
| Advanced Technical Analysis | User-Friendly Interface |
| Customizable Charting | Social Trading and Idea Sharing |
| In-Depth Cryptocurrency Analysis | Multiple Broker Integrations |
In this article, we will provide an in-depth comparison of MotiveWave and TradingView, examining their key features, pricing structures, and user experience. From technical analysis capabilities to social networking integrations, we will dissect the strengths and weaknesses of both platforms to help you make an informed decision about which trading tool best suits your needs.
 |  | |
| Service Type | Trading platform with advanced charting, technical analysis, and order execution | Trading platform with advanced charting, technical analysis, and social trading |
| Fees | Varies based on subscription level, starting at $99.95/month or $1,199.50/year | Free and Premium ($14.95 - $59.95/month or $155.40 - $599.40/year) |
| Customer Support | Email and phone support for all members | Email support for all members, phone support for Premium members |
| Best Use | Traders who need a comprehensive trading platform with advanced tools for all markets | Traders who want to share trading ideas and learn from a community of traders |
| Modest Money Review | Motivewave Review | TradingView Review |
| Current Promotion | Start your 14-day Free Trial! | Receive $15 welcome bonus |
| Modest Money Overall Rating |
| |
| Service Type | Trading platform with advanced charting, technical analysis, and order execution |
| Fees | Varies based on subscription level, starting at $99.95/month or $1,199.50/year |
| Customer Support | Email and phone support for all members |
| Best Use | Traders who need a comprehensive trading platform with advanced tools for all markets |
| Modest Money Review | Motivewave Review |
| Current Promotion | Start your 14-day Free Trial! |
| Modest Money Overall Rating |
| |
| Service Type | Trading platform with advanced charting, technical analysis, and social trading |
| Fees | Free and Premium ($14.95 - $59.95/month or $155.40 - $599.40/year) |
| Customer Support | Email support for all members, phone support for Premium members |
| Best Use | Traders who want to share trading ideas and learn from a community of traders |
| Modest Money Review | TradingView Review |
| Current Promotion | Receive $15 welcome bonus |
| Modest Money Overall Rating |
Factor 1: Ease of Use
- TradingView: Web-based, intuitive, accessible from any device.
- Motivewave: Comprehensive desktop app with a steeper learning curve.
Motivewave
Motivewave is a powerful technical analysis platform available as a desktop application for Windows and macOS. It offers customizable workspaces and chart layouts, allowing users to tailor their trading environment to their specific needs. While Motivewave provides a comprehensive experience, it may have a steeper learning curve for beginners. However, once users familiarize themselves with the platform, they can take full advantage of its features and functionalities.
TradingView
TradingView is a web-based platform, making it accessible from any device with an internet connection. Its intuitive interface and easy-to-use tools make it an ideal choice for both beginners and advanced traders. Users can quickly create charts, apply technical indicators, and draw trend lines. TradingView also offers a social community where users can share ideas, strategies, and learn from others, making it a highly interactive and engaging platform.
Factor 2: Available Features
- Motivewave: Advanced indicators, backtesting, strategy development.
- TradingView: Strong charting, social networking, Pine Script.
Motivewave
Motivewave offers an extensive list of technical indicators, drawing tools, and advanced analysis features such as Elliott Wave and Gartley Pattern analysis. Additionally, Motivewave provides backtesting and strategy development capabilities, allowing users to test their trading strategies using historical data. These advanced features make Motivewave a powerful platform for experienced traders who require sophisticated analysis tools.
TradingView
TradingView combines charting tools with a social networking aspect, creating an engaging platform for traders and investors. It offers thousands of technical indicators, drawing tools, and a scripting language called Pine Script, which allows users to create custom indicators and strategies. The platform also supports multiple chart types, including candlestick, bar, and line charts. TradingView’s social community allows users to share and discuss ideas, learn from other traders, and collaborate on strategies.
Factor 3: Pricing
- TradingView: Free plan and subscriptions from $14.95 to $59.95/month.
- Motivewave: One-time purchases from $245 to $1,595, optional maintenance plans.
Motivewave
Motivewave offers four different editions with varying features: Basic, Advanced, Professional, and Ultimate. Prices range from $245 for the Basic edition to $1,595 for the Ultimate edition, which includes all available features. These are one-time purchases, and users can also opt for optional annual maintenance plans. Motivewave provides a free 14-day trial for users to test the platform before committing to a purchase.
TradingView
TradingView provides a flexible pricing structure to accommodate different users’ needs. The platform offers a free plan with limited features, which is suitable for casual users or those just starting in trading. For more advanced features and tools, TradingView offers three paid subscription plans: Pro, Pro+, and Premium. Prices range from $14.95 per month for the Pro plan to $59.95 per month for the Premium plan. Discounts are available for users who opt for annual subscriptions, making the platform more cost-effective.
Motivewave vs TradingView: Our Summary
Both Motivewave and TradingView are powerful technical analysis platforms, each catering to different user needs and preferences. Motivewave is a comprehensive desktop application with advanced analysis tools, making it suitable for experienced traders who require sophisticated features. On the other hand, TradingView is a user-friendly, web-based platform that combines charting tools with a social community, making it ideal for beginners and advanced traders who value collaboration and idea sharing.
Click here to check out TradingView.
In terms of pricing, Motivewave offers a one-time purchase with multiple pricing tiers, while TradingView provides a more flexible subscription model with monthly and annual options. Ultimately, the choice between Motivewave and TradingView will depend on individual preferences, trading experience, and specific requirements. It is advisable to take advantage of the free trials offered by both platforms to determine which one best suits your needs.
Click here to check out Motivewave.
Start your 14-day Free Trial!
MotiveWave Comparison Posts
https://www.motivewave.com/
https://www.motivewave.com/products/products.htm
https://www.motivewave.com/connections.htm
https://www.motivewave.com/about_us.htm
https://www.motivewave.com/products/products.htm#elliottwavesoftware
https://www.modestmoney.com/is-motivewave-legit/
https://www.tradingview.com/
https://www.tradingview.com/chart/
https://www.tradingview.com/features/
https://www.tradingview.com/ideas/
https://www.tradingview.com/markets/
https://www.tradingview.com/brokers/
https://www.tradingview.com/about/
https://www.tradingview.com/markets/stocks-usa/market-movers-large-cap/