Discover our detailed comparison of Barchart and Tradovate to help determine which is best for you. Whether you’re a seasoned trader or just starting out, choosing the right platform can significantly impact your trading experience.
To make your research easier, we manually found key data for Barchart and Tradovate across the internet and compiled it all in this article.
Key Characteristics of Barchart and Tradovate
| Provider | Platform Type | Tradeable Assets | Charting Features | Data | Premium Pricing |
|---|---|---|---|---|---|
| Barchart Visit Site | Charting Software | Not a broker, but you can chart stocks, ETFs, futures, & forex | Downloadable desktop platform and web app with access to indicators and drawing tools for free | Use any time frame for free, but real-time data requires a paid subscription | $89-$140 per month |
| Tradovate Get a Funded Account | Futures Brokerage Platform | Futures, Futures Options, Forex | Charting platform with subscription fee including volume and market profile | Real-time data with funded account | $99 per month or $1,499 lifetime for reduced commissions |
Overview of Barchart
Barchart is a charting platform that allows you to analyze stocks, ETFs, currencies, and futures. You get access to indicators, drawing tools, and all time frames for free, but you must pay for real-time data and other advanced features.
Overview of Tradovate
Tradovate is a futures trading brokerage platform with competitive pricing and trading tools. You can buy commission plans to reduce your commission rates and trade micro contracts for less than a few hundred dollars. It also has decent charting tools with advanced indicators like the volume profile, but I would still prefer TradingView’s charting.
Who is Barchart Best For?
Barchart is best for swing traders and investors who want free access to a decent charting platform. If you are an active trader, the pricing is quite expensive for real-time data, and the charting isn’t as good as competitors like TradingView and TrendSpider.
Who is Tradovate Best For?
Tradovate is best for those looking to trade futures with low commissions, especially if you trade enough to justify a monthly fee to lower your rates. However, Tradovate is primarily only for futures, so it is not for those looking to branch out into other assets like stocks and ETFs.
Trading Features and Tools
| Provider | DRIP | Margin Trading | Insurance | Mobile App |
|---|---|---|---|---|
| Barchart Visit Site | Not a broker | Not a broker | Not a broker | Yes |
| Tradovate Get a Funded Account | No equity | Yes | Not insured | Yes |
Trading Costs and Commissions Compared
| Fee Type | Barchart Visit Site | Tradovate Get a Funded Account |
|---|---|---|
| Equity Commission | Not a broker | No equity |
| Option Commission | Not a broker | No equity options |
| Futures Commission | Not a broker | $1.29 per contract, $0.35 micro |
| Futures Options Commission | Not a broker | Not specified, likely the same as regular futures |
| Option Exercise Fee | Not a broker | None |
Barchart vs Tradovate – Bottom Line
Choosing between Barchart and Tradovate depends on your specific trading needs, preferred trading tools, and the type of assets you’re interested in.
Both platforms offer distinct advantages, but by considering the detailed comparison above, you can select the one that aligns best with your trading strategy and goals.
For more detailed reviews and comparisons, continue exploring our other articles on brokerage platform comparisons.
What is the Overall Best Charting Software?
I have reviewed and used nearly every trading platform available, and I believe that TradingView is the best overall charting software available. Here are some reasons why:
- All of TradingView’s key features are free to use
- TradingView provides real-time data for free whenever possible
- You are not tied to a single broker and can use whichever you want while charting on TradingView
- You can track all markets on a single platform, including stocks, ETFs, crypto, forex, and futures.
- TradingView has an excellent economic calendar and various screeners
TradingView Limited Time Offer!
Exclusive Deal: 30-Day FREE Premium Access + Bonus Credit
Don’t Miss Out – Sign up for TradingView Now!
- Advanced Charts
- Real-Time Data
- Track all Markets
If you sign up for a TradingView account using my affiliate link, you can get a 30-day free trial of its premium features plus a $15 credit toward your subscription. However, signing up for a free trial is not required, and you can use nearly all of its features with a basic free account. You can read my full review of TradingView to learn more.
Related Trading Platform Comparisons
TC2000 vs Vanguard
MT4 vs TC2000
Schwab vs Vanguard
Finviz vs Schwab
MT4 vs Tradestation
