TC2000 vs TradingView 2024
If you have an active trading style, chances are, you’ve probably looked around for the best trading software to help you maximize your profits. Offering real-time market data, instant analysis, and a plethora of charting tools, these software solutions can really make a difference.
While your current trading platform might have some of these features, its overall capabilities likely pale in comparison. Some of these software solutions even allow you to make trades directly from their platform, making them an excellent choice for day traders who need to react quickly to sudden market changes.
What is TC2000?
TC2000 is an advanced stock trading scanner that specializes in providing day traders with real-time data and analysis tools. Established as a trusted tool for stocks, options, and ETFs analysis, its premium version boasts features such as EasyScan, historical condition testing, and timely data refresh intervals.
Available across browsers, desktops, and mobile apps, it offers multiple subscription plans catering to various trading needs, with additional fees for real-time data.
What is TradingView?
TradingView is a versatile charting and analysis platform catering to active traders, with coverage spanning stocks, futures, forex, cryptocurrencies, and more. Notably affordable, it offers customizable charts, extended trade hours, and over 100 technical indicators, alongside its proprietary scripting language, Pine script.
Beyond charting tools, a standout feature is its vibrant community, enabling traders to share insights, watch peers, and develop new trading strategies collaboratively.
|TC2000 is Better for:
|TradingView is Better for:
|Trading with the TC2000 brokerage
|Custom indicators & charts
|Forex & crypto
When trying to find the best product for day traders, there are many different factors one needs to consider. Does the product just cover the stock market, or does it cover other asset types as well? How many chart patterns does it support?
You must also consider the analysis tools offered—or excluded—on a per-plan level, and having the option to use simulated trading is generally appreciated. Keep these thoughts in mind as we go deeper into our comparison.
|$0 - $59.95/month
|Stock trading scanner
|Charting & analysis
|Stocks, options, ETFs
|Stocks, futures, Forex, indices, mutual funds, crypto, CFDs
|Modest Money Overall Rating
Factor 1: Free Features
First, we’ll be looking at the features each platform offers day traders for free. While you won’t have access to the same advanced features that you could access with a premium membership, there are still a few benefits to using each platform without paying.
TradingView Offers Better Free Features
- TradingView supports 43 different brokers
- TC2000 offers basic charts for free
- TradingView allows free users to make custom indicators
The free version of TC2000 is located at FreeStockCharts.com. This version of the scanning, charting, and technical analysis platform is very limited, but it does give traders a limited glimpse at the stock market. The charts & data provided could be useful for making longer-term trading decisions—such as for swing trading—but aren’t up to par with the needs of day traders.
The free version of TradingView (dubbed “Basic”) is a lot more capable than the free version of TC2000. Whether or not its capabilities will be sufficient for you really depends on what type of trader you are.
It offers a bunch of tools that could be useful for formulating new trading strategies such as 12 customizable chart types, extended trade hours, over 100 pre-built technical indicators, and the ability to create custom indicators using Pine script, TradingView’s proprietary scripting language.
Factor 2: Paid Features
Next, let’s take a look at the features you can gain access to with a premium membership.
TradingView Supports More Asset Classes
- TradingView offers up to 25 indicators per chart
- TC2000 supports options
- TradingView doesn’t support options
The premium version of TC2000 is quite a capable tool. It can be accessed via a browser, using the desktop platform, or via the mobile app.
In addition to supporting a wide variety of advanced charts, interactive charts, and charting features, it also offers EasyScan (TC2000’s proprietary screener), historical condition testing, the ability to track up to 100 alerts, and more.
Users are even able to take advantage of automatic refresh intervals, giving them the most up-to-date data to work with.
Paying for a premium TradingView membership allows you to take full advantage of this analytical software while trading stocks. In addition to paper trading, chart screeners, historical data, and custom indicators (along with other features), paying members will also be able to access the TradingView community.
This social side of Trading View allows one to connect with fellow traders, share ideas, observe the actions of others, and formulate new strategies that they wouldn’t have come up with otherwise.
Factor 3: Subscription Costs
Lastly, let’s take a look at the costs of each platform.
TradingView offer more value for the money
- TradingView has cheaper plans
- TC2000 offers discounts for extended plans
- TradingView offers some data for free
This platform offers three plans—Silver, Gold, and Platinum—with monthly, annual, or bi-annual billing. Purchasing an extended plan requires payment for the entire period upfront, but qualifies you for a reduced monthly rate. Here are the price ranges for each plan:
- Silver: $7.49 – $9.99/month
- Gold: $22.49 – $29.99/month
- Platinum: $67.49 – $89.98/month
In addition to the plan fees, you will also have to pay additional fees for real-time data if desired.
Learn More About TC2000
TradingView also has three plans available: Pro, Pro+, and Premium. These plans are offered on a monthly and annual basis. Like TC2000, TradingView offers reduced rates for longer plan terms.
- Pro: $12.95/month – $14.95/month
- Pro+: $24.95/month – $29.95/month
- Premium: $49.95/month – $59.95/month
TC2000 vs TradingView: A Simple Summary
As you can see, each platform has its pros and cons, so which one should you choose? Well, we actually recommend both services, but which one is a better fit for you will ultimately depend on your individual trading goals and needs.
If you’re simply looking for a platform that can offer you actionable trade ideas/data for stocks and options, TC2000 is a great option. Although the platform is a bit more pricey than the competition, it has been tried and loved by many people over the past few decades. You can sign up for TC2000 by clicking here!
On the other hand, if you’re a stock trader who uses multiple brokerage firms, trades forex, and wants to create custom indicators then we highly recommend TradingView. You can try out the platform for yourself by clicking here!