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.