Is TradingView available in Canada?
- Asked By
- Updated On:21-Jun-2023
- Replies:1
Short Answer
TradingView is a financial market analysis tool. It has charts, lots of technical indicators and social networking features as well. Yes, TradingView is available in many countries like India, Russia, UK and The US including Canada.
Detailed Answer
The stock market of Canada is vast with 3 big stock exchange markets in it. It becomes very crucial to have some market analysing tools like TradingView to make the process easier for buyers and investors. TradingView is important for the Canadian market due to numerous reasons.
TradingView being a stock screener offers certain advanced market analysis tools that can be used by the investors and the traders to figure out their future moves.
The stock market in Canada is quite vast. The Toronto Stock Exchange is the ninth number in the world in terms of market cap.
Why TradingView is important for the Canadian Market?
TradingView offers a detailed aid in market analysis. It is very much needed in countries like Canada. Some of the reasons for it includes:
- The Canadian Market is growing at a very fast pace. It has most emerging companies and also supports micro-cap.
- Some of the famous companies like WestJet Airline, Royal Bank of Canada, Loblaw Companies, Cenovus Energy and Yamana Gold are actively trading in this market.
- With applications like TradingView, an investor can easily become a part of the whole stock market activities and decide when to buy and sell.
- TradingView is simple to operate and investors can easily use their brokerage accounts and do trade straight away from the charts.
- Initially users in Canada can use the free tier with basic services and later on switch to paid one, after they gain some experience.
- In Canada there are 3 different stock exchanges: the Toronto Stock Exchange(TSX), the TSX Venture Exchange and Canadian Securities Exchange(CSE).
TradingView in Canada
Stock market tools like TradingView will be of great help to the investors investing in Canadian companies. It is one of the best market screeners in Canada. If you also want to express how TradingView helped you, do comment below.
Ask Your Query for FREE, Get quick answers from our FINTRAKK community!
Discussion (0)
Like FinViz, TradingView is another popular stock screening platform. It is loaded with all the necessary stock screening filters. Apart from the number of screening features, it offers a easy-to-use platform and also alternatives like paper trading, etc.
Yes, Canadian stocks prove to be a shelter to investments with its wide variety of natural resources and stable banking system.
There are currently 3 active Canada stock exchanges operating in the country, all of which are found in the south of Canada. These include the Toronto Stock Exchange, TSX Venture Exchange, and Canadian National Stock Exchange.
The Toronto Stock Exchange (TSX) opens Monday to Friday at 09:30 and closes at 4:00 PM Eastern Daylight Time. The trading hours of the Canada Securities Exchange (CSE) are also 09:30 AM to 4:00 PM EST.
Based on the historical data, the Canadian stock performances haven’t even gone close to the US stocks. However, nobody knows what the future holds for us.
There are various steps for Canadian NRI to invest in share market in India. Let's figure out how to invest in Indian stock market from Canada.
If a person wants to expand his investment opportunities and become a part of some of the great US companies. Then yes, buying US stocks in Canada is totally worth it.
This is a tricky question and does not have an exact answer. However, an average Canadian is likely to invest less than $2,000 in stocks. This number is not fixed and may go up or down based on an individual's earning, saving, expenses and financial gaols.
Canadian citizens can easily purchase U.S stocks. Many online stock brokers provide the facility to invest in US stocks. Questrade and Interactive brokers are some of the brokers who allow foreign investing. Apart from this, there are some other ways to directly as well as indirectly invest in US stocks. One of the non-traditional methods includes the TFSA (Tax-Free Savings Account) with which you can buy up to $6,000 worth of stocks per year.
Questrade is a Canadian brokerage company. Questrade offers Extended Hours trading to its users where users can trade before and after market hours.