Is the free trading journal version with 50 performance visualizations from TradesViz worth it, or does it need their paid plan to get good analysis results? Some users find the learning curve to use TradesViz challenging to start, but the responsive customer support and frequent updates help to mitigate those issues. What features does it have, how much does it cost and which brokers are supported? That’s what you’ll find out in this TradesViz review.

tradesviz review

TradesViz Overview

TradesViz is a trading journal and analytics platform designed to help traders improve their trading performance. It has many features and tools to analyze trading data, find patterns and develop trading strategies.

With TradesViz you can import trades from multiple brokers, analyze your trading performance and visualize your data to get valuable insights. The platform is a must have for traders who want to refine their trading approach and get better results in the market.

Trade Journal Features

TradesViz is an online trading journal and analytics platform that categorizes its main features into four sections:

  • Charting
  • Statistics
  • Tabs
  • Advanced Features

Trade Analysis Charting

The charting in TradesViz is based on TradingView. This feature was added in September 2022. So TradesViz uses the official TradingView API to provide its users with state-of-the-art charting capabilities for technical analysis.

You can choose between different time frames and chart types, apply trading indicators and use the drawing tools. The cool thing about the charting is that you can see trade executions right within the chart. Having the trade entries and exits visualized is a big plus when analyzing trading results. These charting capabilities are part of the platform’s trading analytics which provides detailed insights into trading performance.

Trading Data Statistics

Your trade data is visualized within the TradesViz dashboard, so you have a complete overview of your trade data. Here you can arrange widgets like best performing sectors by profit and loss, Volume vs. Day, Number of trades vs. Month, Total winning days in percent, win/loss ratios and many more.

You can also tag your trades, explore results in a calendar view, look at performance metric charts or analyze assets like options in more detail.TradesViz is designed in tab views to allow for detailed trade journaling and analysis. So instead of having only one central dashboard you can go into more detail for your analysis by scrolling through multiple tabs. Each tab has its own information.

You can visualize trade results in tables where you can group the data by symbol, day or groups and apply custom filters to the data sets shown in a table.

You can also show the notes made for your trades within the tab logic. Notes can also be tagged so for example you can make notes in categories like trading plans, mistakes, monthly summaries, trade specific notes etc.

Bonus

TradesViz has also added an artificial intelligence questions and answers feature. With this feature you can ask the AI questions about the data within TradesViz. For example you could ask, “What would be the total profit if I traded only short on Mondays”?… For that purpose TradesViz uses OpenAI’s GPT large language models. Answers are objective and based on existing data. However the AI can’t answer what to improve to become a better trader.

Advanced Trading Performance Features

The advanced features go beyond the regular features and are available for all Platinum plan users. For example options flow analysis is now integrated within TradesViz which makes it possible to analyze historical options flow data (not real time). This way you can money in and outflow across different sectors or stocks and visualize the data in charts and tables. These advanced features are particularly useful for active traders who need in-depth analysis and strategic tools.

Also a stock, futures and forex trading simulator was added in late 2022 which makes it possible to replay and simulate trades in a paper-trading environment. Since March 2023 you can also trade multiple symbols with the new multi-simulator dashboard for trading different symbols on various timeframes.

Seasonality charts are also available for Platinum plan users. They plot the typical seasonality-related price volatility based on up to 20 years of historical data. You can use this data to analyze how a stock typically behaves during the end of the year,.

Options traders will enjoy the new options spread execution simulator and back tester which was added in early 2023. This is actually a pretty cool feature since you can even test options legs and simulate how your regular call and put, but also butterfly or covered call’s P&L would have worked relative to the price of the underlying stock. You can also use the back tester to backtest stocks.

TradesViz Auto Import Trades

TradesViz auto imports and syncs trades for a wide range of brokerage accounts. Large retail brokers like Interactive Brokers, TD Ameritrade, TradeStation, Robinhood, Tradier, NinjaTrader, Webull, Coinbase, Tradovate and TastyWorks are supported. One of the brokers that’s not supported right now is E-Trade. The Pro and Platinum plans offer unlimited imports so you can import an unlimited number of trades from multiple trading accounts.

User Experience and Interface

The user experience on TradesViz is intuitive and user-friendly so you can easily navigate and use the platform. The interface is clean and organized with clear menus and tabs to access all the features and tools.

The platform also offers a customizable dashboard so you can personalize your experience and focus on the data and analysis that matters most to you. This thoughtful design allows you to manage your trading journals efficiently and make informed decisions based on the data analysis.

Customization Options

TradesViz offers a lot of customization options to fit different traders. You can create custom dashboards with over 400 widgets so you can focus on specific parts of your trading performance. The platform also supports multiple trading accounts so you can analyze and compare your performance across different accounts.

TradesViz also offers advanced trade analysis tools including AI powered analysis and backtesting to help you refine your trading strategies and get an edge in the market. These customization options allow you to tailor the platform to your trading style and goals so it’s a tool for serious traders.

TradesViz Pricing

TradesViz offers a free plan and paid monthly and annual plans, Pro and Platinum.

  • The Free Plan has a trade execution limit of 3,000 per month and only supports stocks in one account. Chart views, watchlists, tracking, analysis etc. are not supported. It’s a good plan to get a feel for TradesViz.
  • The Pro Plan costs $19.99 per month, or $179.88 per year (equals $14.99 per month). All asset classes are supported in the Pro plan and all features except the advanced ones.
  • The Platinum Plan is the top plan with TradesViz and unlocks all features and tools for $29.99 per month, or $269.88 pre-paid for a year (equals $22.49 per month).

Payments are via Stripe and PayPal.

TradesViz Free Trial

All paid plans on TradesViz come with a 7 day free trial and then roll over to a paid period. While the free trial on the paid plans (Pro and Platinum) is time limited, you can always use the Free Plan without time limit (but feature limit).

TradesViz Promo Code

When signing up you’ll see an “Add promotion code” field during the checkout. Here you can enter your promo code or coupon to reduce the price of your TradesViz subscription. Some coupons only work with Stripe checkout. Others also work with PayPal checkout and apply the discount automatically.

TradesViz Alternatives

TradesViz alternatives are TraderSync, Edgewonk, Tradervue, TradeZella, and Trademetria.

When comparing TradesViz with its alternatives, consider the trading analysis capabilities each platform offers.

Brokers

TradesViz supports many brokers (e.g., Fidelity) and platforms (e.g., NinjaTrader). The most interesting ones are those that can be connected for auto imports and auto sync. Here, big retail brokers like Interactive Brokers, Robinhood, TastyWorks and TD Ameritrade are available for automation.

MetaTrader 5 is supported for forex traders (not MT4), and Binance and Coinbase are supported for crypto traders. In total, over 60 brokers are supported, of which about 20% can be used via automated data integration. Understanding stock market trends is key to optimizing trading performance, and TradesViz supports many brokers to help with that.

How do I cancel my TradesViz subscription?

To cancel your TradesViz subscription, use either your Stripe self-service portal (which can be found on the subscriptions page of TradesViz) or cancel within the PayPal platform if you paid via PayPal. Look for “SMIRMATEC PRIVATE LIMITED” or “TradesViz” when choosing the subscription to be ended.

But the note by TradesViz, “If you were subscribed to a Pro/Platinum plan and cancel mid-way of your billing cycle, you will no longer be charged, and your account will remain as Pro/Platinum till the end of your current billing cycle.” sounds like you need to cancel before half of the subscription period is over to make the cancelation effective. That would not be good for the user. If you’re unsure, you might want to contact them to clarify.

Who owns TradesViz?

TradesViz is operated by Smirmatec Private Limited, a software company in Tamil Nadu, India. For some reason, Google indicated during review times that the company is temporarily closed.

Is TradesViz Free?

TradesViz is a freemium product. You can use some features for free as long as you want to get a feel for the platform or use the free trial to test all features. But to use TradesViz seriously, a subscription to the Pro or Platinum Plan is needed.

Where Can I find TradesViz on YouTube?

You can find TradesViz on YouTube at https://www.youtube.com/@TradesViz. Their channel has about 600 subscribers and 36 videos uploaded.

Rating: ★★★★