What is Trading Central?
Trading Central aims to help investors make better trading decisions. It achieves this by fusing analyst research with automated analytics, such as pattern recognition, across a wide range of markets and in multiple languages.
The company provides professional-level research and analysis to help independent traders compete with institutional traders. Its patented pattern-recognition applications continually scan 89 markets globally to provide coverage of over 75,000 instruments.
Trading Central is aimed at experienced traders and is only available in packages bought from brokers.
Why use Trading Central?
- Trading Central aims to close the gap between independent and institutional traders by offering automated analytical tools such as pattern-recognition scanners and actionable technical analysis of different financial instruments.
- It is aimed at experienced investors who want to benefit from advanced research and automated analytical tools that are normally available only to institutional investors.
- Trading Central offers many features of benefit to intermediate and advanced traders. For example, the Trading Central Featured Ideas indicator helps traders to monitor market movements across a wide variety of currency pairs. Users can customise the indicator according to their individual preferences in terms of holding timeframes, bar sizes, technical chart patterns or preferred currencies.
- It is important to be aware that Trading Central’s indicators merely provide an idea and not a guarantee of future results. Your profits will depend on how well you combine the information provided by Trading Central with your own analysis and experience.
Which trading platforms support Trading Central?
Trading Central has six offices covering major cities in financial hubs around the globe. It has partnered with over 180 brokers in more than 50 countries.
Does Trading Central have a desktop app?
Trading Central is only available through brokers, so it depends on which broker you use.
Trading Central vs TradingView
Traders can access TradingView independently of a broker by taking out a subscription, whereas Trading Central can only be accessed via a broker’s platform. Having joined a broker, however, you can access the services provided by Trading Central for free.
One of the main advantages of TradingView over Trading Central is its ability to execute trades. While Trading Central can highlight a potential trade and give you information about possible changes, it is the trader who has the final say about opening and closing positions. With TradingView, by contrast, you can see the buy/sell button directly on your chart. You can also place limit or stop orders directly from your charts.
The other advantage of TradingView is that you can interact with other traders, follow their ideas or even post your own ideas – an option that is not available on Trading Central. Trading Central on the other hand offers some advanced tools and automated functions that aren´t available through Trading View. So, if you are an advanced trader and do not need to follow other traders´ ideas TradingView might be the best option. For beginners to intermediate traders TradingCentral is probably best.
How much does Trading Central cost?
It is not possible to access Trading Central data as an individual investor. The service only works with professional trading desks and brokers, which include Trading Central in the subscription packages for their services.
How can I get Trading Central for free?
You can get Trading Central for free if you sign up with a broker or a site that has partnered with the company. On this page, we feature reviews of brokers who offer this service to clients free of charge.
Forex Risk Disclaimer
Trading Forex and CFDs is not suitable for all investors as it carries a high degree of risk to your capital: 75-90% of retail investors lose money trading these products.
Forex and CFD transactions involve high risk due to the following factors: Over-leveraging, unpredictable market volatility, slippage arising from a lack of liquidity, inadequate trading knowledge or experience, and a lack of regulatory protection for clients.
Traders should not deposit any money that is not disposable. Regardless of how much research you have done, or how confident you are in your trade, there is always a substantial risk of loss. (Learn more from the FCA or from ASIC)
Our Methodology
Our State of the Market Report and Broker Directory are the results of extensive research on over 180 Forex brokers. The explicit goal of these resources is to help traders find the best Forex brokers – and steer them away from the worst ones – with the benefit of accurate and up-to-date information.
With over 200 data points on each broker and over 3000 hours of research and review writing, we believe we have succeeded in our goal.
In a world where trading conditions and customer support can vary based on where you live, our broker reviews focus on the local trader and give you information about these brokers from your perspective.
All research has been conducted by our in-house team of researchers and writers, gathering information from various company representatives, websites and sifting through the fine print. Learn more about how we rank brokers.
