Software · head to head
TradingView vs Alchemy
TradingView
Software
Where the world charts, chats, and trades markets
- From
- Free
- Rated
- -
The short version
- Each has a real cost: TradingView only the Ultimate plan at $199.95 per month is available to users who qualify as professional; Alchemy the free tier is capped at 30M compute units a month and 25 requests per second
- They diverge on capability: TradingView covers Advanced Charting, Alchemy covers Node APIs.
Where they differ
Only the attributes on which TradingView and Alchemy actually diverge.
| Attribute | TradingView | Alchemy |
|---|---|---|
| Platforms | Web, Ios, Android, Desktop | Api, Web |
| Founded | 2011 | 2017 |
Identical on both: starting price (Free), pricing model (freemium), free tier (Yes), user rating (Not yet rated), category (Unknown).
What each one covers
Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.
Only in TradingView
- Advanced Charting
- Technical Indicators
- Drawing Tools
- Social Network
- Alerts
- Crypto exchanges
- Brokers
- Ios support
Only in Alchemy
- Node APIs
- Enhanced APIs
- NFT API
- Webhooks
- Mempool
- 35+ chains
- SDKs
- Api support
Both cover
- Web support
What people use each for
The jobs each tool is most often brought in to do.
TradingView
- Charting and technical analysis across equities, futures, forex and cryptonot Alchemy
- Writing and backtesting custom indicators and strategies in Pine Scriptnot Alchemy
- Setting price and technical condition alerts on instrumentsnot Alchemy
Alchemy
- Hosted blockchain node access across mainnets and testnetsnot TradingView
- Backing a production web3 application without running nodesnot TradingView
- Webhook-driven notifications for on-chain eventsnot TradingView
- Scaling read throughput beyond self-hosted node limitsnot TradingView
Where each one falls short
Documented limitations, not opinions. Every one is a constraint you would hit in normal use.
TradingView
- Only the Ultimate plan at $199.95 per month is available to users who qualify as professional
- The free Basic plan is limited to 1 chart per tab and 1 saved chart layout, and shows ads
- Removing ads requires a paid plan starting at $12.95 per month billed annually
- Indicators per chart are capped at 5 on Essential, 10 on Plus, 25 on Premium and 50 on Ultimate
- Price alerts are capped at 20 on Essential and 100 on Plus; watchlist alerts are zero on both
- Chart data export and second-based or tick-based intervals require Premium at $59.95 per month or above
- Every headline price is a special price quoted for annual billing rather than the monthly rate
- Historical bars are capped at 10,000 on Essential and Plus and 40,000 even on Ultimate
- Professional market data feeds are an additional purchase on top of the subscription
Alchemy
- The free tier is capped at 30M compute units a month and 25 requests per second
- Free accounts are limited to 5 apps and 5 webhooks
- Beyond the free allowance it is $0.45 per 1M compute units for the first 300M a month
- Request cost varies by call complexity, from around 10 compute units to over 100, so spend is hard to predict from request counts alone
- Signed SLAs and priority support require an Enterprise contract
Pricing, plan by plan
TradingView
Free- BasicFree
- Basic charts
- 3 indicators
- 1 alert
- Essential$14.95/month
- 5 indicators
- 20 alerts
- 10 chart layouts
- Premium$59.95/month
- 25 indicators
- 400 alerts
- Unlimited layouts
Alchemy
Free- FreeFree
- 300M compute units
- 5 apps
- Core APIs
- Growth$49/month
- 400M compute units
- 15 apps
- Enhanced APIs
- Scale$199/month
- 1B compute units
- Unlimited apps
- Premium support
Which should you pick?
Choose TradingView if
- You need advanced charting.
- You want to start without paying.
- You work on Web, Ios, Android, Desktop.
- You also want technical indicators.
Choose Alchemy if
- You need node apis.
- You want to start without paying.
- You work on Api, Web.
- You also want enhanced apis.
Questions people ask
- Is TradingView or Alchemy better?
- Neither clearly leads. TradingView starts at Free and Alchemy at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
- Which is cheaper, TradingView or Alchemy?
- TradingView starts at Free and Alchemy at Free.
- Does TradingView or Alchemy run on more platforms?
- TradingView runs on Web, Ios, Android, Desktop. Alchemy runs on Api, Web.
- Can I use TradingView for free?
- Both have a free tier, so you can try either at no cost before committing.
- What is TradingView best used for?
- TradingView is most often used for charting and technical analysis across equities, futures, forex and crypto, writing and backtesting custom indicators and strategies in pine script, setting price and technical condition alerts on instruments. Of those, charting and technical analysis across equities, futures, forex and crypto and writing and backtesting custom indicators and strategies in pine script are not what Alchemy is typically brought in for.
- What can TradingView do that Alchemy cannot?
- TradingView covers Advanced Charting, Technical Indicators, Drawing Tools, Social Network. Alchemy covers Node APIs, Enhanced APIs, NFT API, Webhooks. Both handle Web support.