TradingView, a community for chart-obsessed investors, moves into fresh markets – TechCrunch
Data-driven investor community TradingView has klapper one million monthly active users and is expanding globally to under-served markets. TechCrunch last covered TradingView te 2012 when the webpagina wasgoed watching Two,000 visitors vanaf day.
The webpagina differs from other investor communities like Seeking Alpha because of its emphasis on visuals. TradingView takes a chart based treatment to supporting investing. The community shares, critiques, and builds upon investing ideas introduced spil charts.
TradingView has aligned itself well with fintech democratization market trends. Its free market-data is accessible from any device te countries that include Russia, Spain, and Brazil. Fellow democratizer Robinhood launched its zero-fee stock trading app te 2013 to much fanfare. The app opens up stock trading to customers that were previously cut-out by trading-fees that ate into profits. Robinhood has gone on to raise $66 million ter venture financing.
Stan Bokov, co-founder and COO of TradingView, believes education is one of the webpagina’s strongest assets.
Like Twitter, TradingView lets users message and go after others with good ideas. It also keeps a voortdurend record of every voorwaarde made on the toneelpodium. This way you’ll never leave behind who wasgoed responsible that time you totally didn’t buy into the Facebook IPO (or bought into Twitter).
Continuing the Twitter comparison, a majority of people are exposed to the webpagina through widgets on other sites powered by TradingView. You’ve likely seen TradingView content on sites like Investopedia.
Thesis 15 million non-users are funneled to the webpagina where they have the option of upgrading to a premium subscription. Bokov notes that the average user doesn’t need to upgrade, but those looking for more advanced features have access to monthly subscription plans that come te at $Ten for Voor, $20 for Pro-plus, and $40 for Premium.
All subscription plans eliminate ads and let users subscribe to real-time gegevens feeds. The pro-plus project provides extended trading hours, unlimited server-side alerts, and extra chart types. Premium subscribers get access to dedicated email and phone support.
Market gegevens feeds like NASDAQ, NYSE, and NYMEX range ter price inbetween $Two vanaf month and $90 vanaf month. The free tier provides access to 16 basic gegevens packages including BATS and CBOE options gegevens. Ter addition to tiered subscriptions, TradingView also has a web-store where users can purchase access to third-party devices like sentiment analysis.
The dedicated community is growing at Ten procent vanaf month, organically, without any rechtstreeks advertising. Also notable for TradingView is how it has bot able to scale to 100 employees with only $Three.75 million ter funding and a $Three million revenue run rate. The response lies ter creative outsourcing. While TradingView has representatives all around the globe, the company’s 70 person engineering team is located ter Eastern-Europe. This has kept costs down while enabling the company to efficiently scale globally.
Continuing to shove into under-served markets is the primary purpose for Bokov spil the company grows and nurtures its investing community