Options Trading Software Reviews

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    1st Place! Best Binary Broker 2020!
    Best Choice for Beginners — Free Education + Free Demo Acc!
    Sign-up and Get Big Bonus:

  • Binomo
    Binomo

    2nd place! Good choice!

Contents

option trading software

Using this option analysis tool you can analyse stock option,Index option of type plain vanilla.This tool will calculate the implied.

Realistic opportunity of steady and profitable trading at Forex with the use of the application.

Analyze, Price Option Like Pro.

OneWayChoice.com serves of a wide range of information and tools for stock analysis.

Provides advanced Unusual Options Activities Monitor and Scanner, Live Scanning of Big Money Options, Options Price Alert, fast Live Portfolio.

Created to meet the needs of the most demanding traders, IQ Option mobile application offers you the ultimate immersion into the intelligent.

Automated Option Trading Software Review

Over the last couple of years, there have been some innovations in the binary options industry, these innovations aim to make trading easier and less tedious. One such innovation is auto trading software or binary option robot as they are commonly known. These binary option robots are programmed to do technical analysis, create option signals, and execute trades faster and with more accuracy than any human system, without the trader having to leave his seat or bat an eye. Unfortunately, most of the super-hyped and promising ones are outright scams only interested in making your wallet lighter. However, there are a few good and legit ones, the many scams have given auto trading software such a bad name the traders don’t know what to believe and what to stay away from, many have even sworn off trading robots completely. It is our duty to inform you, so that you will be able to make informed decisions (see what I did there?) and keep your money for longer. This review delves deeper into Option Robot and presents you all you need to know. No sugar coating. No bias.

How Binary Option Robot Can Change Your Life? Check This Out!

TABLE OF CONTENT

How to Make Money with Binary Option Robot

Top Binary Option Robots in United States

Claim your free binary option robot, get started with three easy steps:

  • Name of Robot
  • Min. Investment
  • Min. Deposit
  • Rating
  • 1. Your Binary Option Robot will analyse the market and decide, which asset (currencies, indices, commodities and stocks), is right to trade at that point in time.

    Best Binary Options Brokers 2020:
    • Binarium
      Binarium

      1st Place! Best Binary Broker 2020!
      Best Choice for Beginners — Free Education + Free Demo Acc!
      Sign-up and Get Big Bonus:

    • Binomo
      Binomo

      2nd place! Good choice!

    2. The Binary Option Robot Will Predict the Price Movement

    Your robot will assess a wide-range of factors, and then make a prediction on how the assets price will move, saying: Call (up) if it believes the price will rise and Put (down), if it believes the price will fall.

    3. Decide on how much you want to Invest

    Then you need to decide how much you want to invest in the commodity and when that investment will expire.

    4. Collect your Earnings

    Finally, you collect your earnings (the good part!)

    Get the automated option robot trading software for free by clicking on the button below and learn how you can make money while you sleep!

    Automated Option Trading Software: Option Robot

    Option Robot Auto Trading Software.

    Option Robot is recently introduced automated trading software designed and developed by expert traders with vast experience in Forex, binary options and derivatives trading. It is developed with a view to helping traders get the most out of their trading with little effort or experience necessary. Option Robot offers trading signals with winning rates as high as 83% and the best binary option brokers (such as IQ Option) in the world to choose from. It is free web based software meaning no download is necessary and it offers fully customizable features that give the trader ultimate control over what the software does. All these factors combined have increased the popularity of Option Robot making it one of the most preferred auto trading software systems in the world even above older and more established software. It is very unfortunate that US traders are not currently being accepted but the developers have given an assurance that plans are underway to include a US based broker in the near future.

    Licensing and Authorization

    As of yet, there is no regulatory or licensing body for automatic trading software which is the main reason why scams and crooks have infiltrated the market and are able to cheat traders with impunity. Option Robot is not regulated under any jurisdiction but that does not mean it is a scam, almost all of the brokers on the site are regulated, some even by two regulatory bodies such as the renown CySEC from Cyprus and the FCA from the UK. So the secret here is not to check Option Robot’s license(s) but to choose your broker carefully because after all, it is the broker who you’re going to deposit your money with.

    Like many brokers and software, Option Robot is not legally allowed to accept clients from the United States. This is because they are not registered and licensed by the Commodities Futures Trading Commission (CFTC), as this is no walk in the park it is pretty understandable.

    Features of the Option Robot System

    Option Robot, being software doesn’t have any trading platform of its own, instead using the ones used by its compatible brokers, which range from the popular SpotOption to the new and catchy TradeSmarter. Moving on, there is much more to Option Robot which attracted our attention, including:

    Assets

    While the brokers in the Option Robot system may have diverse asset indices, the robot only executes trades on currency pairs (such as EUR/GBP, EUR/USD, USD/CAD and GBP/USD). In this case the software predicts for you which of the given currencies will outperform the other at the close of the trading period. Currency pairs are a great asset type on their own but we feel the site would appeal to a wider audience if the asset index was diversified to include commodities, stocks and major world indices.

    Indicators

    There are six different indicators that are used to generate signals for trade execution. A trader can choose one, two or even all of the indicators depending on the desired signal quality. The indicators are:

    • Trend – As the name implies, this indicator analyzes the general price movement in the market. If the general trend is a downtrend which calls for a “put” option, the indicator generates a “put” signal and the same applies for a “call” signal. 1
    • RSI – Also known as the relative strength index, the RSI is basically an oscillator undulating between 0 and 100 with extreme levels at above 70 and below 30. For levels above 70, the market conditions are overbought and the price will likely go down therefore a “put” signal is generated. Levels of 30 and below indicate oversold conditions with a high likelihood of an upward movement in price thus a “call” signal is produced. The RSI indicator is very popular and widely used in forex and stock markets, it was introduced to binary options just a couple of years ago. 2
    • Williams – This indicator, invented by Larry Williams is very similar in overall design and concept to the RSI and it is easy to confuse the two. The Williams indicator is also an oscillator ranging from 0 to 100 with overbought levels at 80 and oversold levels at 20 and below. Normally, levels above 80 shows the maximum price and buyers will not continue buying at the same price and therefore the price will fall. The best option here is the “put” option. At the oversold levels, the sellers are exhausted, with the price most likely to rise, thus a “call” option. 3
    • MACD – Standing for moving averages convergence divergence, this indicator compares the similarities and differences between two or more moving averages and their past behavior to come up with a signal. High accuracy is often achieved when this indicator is used alongside the trend indicator. 4
    • Stoch – This is short for the stochastic oscillator which was invented by Dr George Lane especially for forex trading, but who said we can’t use it in binary options too? Being an oscillator, this indicator moves between 0 to 100 to determine the price momentum and velocity in relation to the same asset over a given period of time. 5
    • CCI – The commodity channel index is an oscillator varying between 100+ and -100 in determining price movements. Generally, strong trends (those above 100) will indicate a continued rise in price which will call for a “call” signal, while weak trends (those below -100) show fluctuations thus a “put” signal is produced. This is however not to say that the price can only move above 100 and below -100, what happens mostly is that price levels tend to average between 100 and -100 with the market quickly adjusting to such. 6

    The indicators produce signals from their own analysis which is then transmitted to the trading software at light speed to execute the trade. Note that this only happens in auto trading software and is the main distinguishing factor between manual and automated trading. In manual trading, the signals are sent directly to the trader through text, email or another specified medium and the trader then decides what and when to trade, sometimes the signals may be invalid by the time the trade is entered leading to a loss. So, as a trader you need to be sure of the validity and expiry time of the signal you want to use to avoid entering a trade the wrong way and thus losing your investment.

    Some of the recent signals

    Another important thing to note is that Option Robot has an excellent way of making sure the signals produced are as accurate as they can possibly be. If two (or more) indicators have been selected, they both have to give the same signal result for a signal to be generated and sent to the trading software itself. This means, if you, for instance, selected the RSI and trend indicators, for a “put” signal to be generated they will both have to indicate the same that is, “put”. The same goes for a “call” option. Otherwise for contrasting signals, no signal is generated and consequently no trade is entered into. This is a great way of ensuring the signals are of high accuracy with little margin for error, and maintain the winning rate at 83% or higher.

    Compatible Brokers

    One great thing about Option Robot is that they have a lot to offer in terms of brokers, and it is not all about quantity, all the brokers here are tried, tested and proven to be market leaders in their own way. The list of compatible brokers from which you will be able to choose includes:

    • OptionXo
    • Banc de Binary
    • StockPair
    • CherryTrade
    • Tradorax
    • Big option
    • Binary Tilt
    • Binary Book

    The list goes on and on, for the full list, visit the website. Simply put, these are some of the best and most popular brokers across the world, with brokers like Banc de Binary and OptionsXO having been in the game for close to eight years now. Sites like Tradorax and StockPair are rising as well and have gained a lot of popularity in the short time they have been around. Whatever the case, true character is reflected by the company you keep, or so they say, and here we can confidently say that Options Robot is in good company.

    Trading systems

    The genius minds behind Option Robot designed and gifted us with three bankroll management systems to give you control over your investments and the degree of risks you are exposed to. These systems, which we are going to call trading systems as per the site, are not that new and they are not presented as such. Traders with some background in Forex or stock trading may have come across these, or systems very similar.

    Classic System

    The classic system is the simplest and safest system of all, and it’s no surprise that most binary options robots use this system. Generally with this system, the amount invested in every trade is constant, whether the trade is a winning trade or a losing trade. You can’t lose or gain more than you have invested. For older, more settled traders, this is the system to choose.

    Martingale System

    This system holds the most profit potential but also has the highest risks and is mostly recommended for people with deep pockets. With this system, if your first trade was a win, the same amount is invested in the next trade and so on. If on the other hand it expired out of the money, the investment for the next trade is doubled. If that trade is also a loss, the investment is doubled again for the next trade. This goes on until profits are realized which is all a matter of luck.

    The Fibonacci System

    This is the most technical but also the most accurate system. It follows the Fibonacci number sequence where every consecutive number is derived by adding the previous two numbers. The investment amount for a trade is determined by the preceding one, if it was a win, the amount is reduced back to the original figure again. In case of a loss, the amount keeps increasing per the sequence until a hit is achieved.

    Other features

    Demo account

    Option Robot offers their traders a demo account, and they ought to. Basically, a demo account is an account identical in design and features to the other real account types and is involved in trading just like a real account. However, with a demo account, you are not required to deposit any real money and thus you are exposed to zero risks. Because of this demo accounts are well liked especially by new traders and, also to a large extent, traders who want to try a new trading platform or software like Option Robot. The presence of a demo account here and all the learning opportunities it presents, undoubtedly appeals to traders from all divides.

    It is however not as free as it may appear. The fact is, and Option Robot don’t want you knowing this as it will be bad for business, you can only get access to the demo account if you have opened an account with Option Robot and one of their several affiliated brokers. A dark lining to a seemingly bright idea. Nevertheless, signing up is free and you don’t have to make any deposit to get access so that should not stop you if you want to try out the software.

    Customer Care

    Disappointingly, there are limited ways to contact and get assistance from customer care. Email inquiries can be sent to [email protected] and a customer care agent will look into your inquiry or complaint and get back to you ‘shortly’. You know very well what that usually means. The other way is to fill the contact form to be found on the site and include your contact details to enable support to get in touch. And that’s all. Well, except that you are advised to first check the FAQ section for the answers before sending the email or completing the form, this is due to the “large number” of emails they receive per day which may force you to wait some time to get a reply. Hearing this, you can’t help but think if only there were other means to get in touch like a phone number or live chat the number of email would drop.

    Educational materials, or lack thereof

    Being for the most part a signal provider and trading system, it would be unfair to burden Option Robot with the responsibility of promoting education to their clients. This is the duty of the brokers, no doubt. However, Option Robot is a new robot and not much is known about its trading process and how to get the best out of it. We expected to find several videos, eBooks and tutorials with more information on auto trading in general and the operations of Option Robot in particular, but we got very little of that. Apart from a semi active blog and the mandatory FAQ section, Option Robot have close to nothing to offer you in terms of education, you are far better Googling information on your own.

    Pros and cons of using the Option Robot software

    The following are the reasons or features that make Option Robot great software you should try:

    1. Well designed website

    One of the ways to know a real and professional broker, especially in the murky waters of binary options, is by having a look at their website. Looking through Option Robot’s site, everything appears nice and well placed. For one there are no (stolen) photos showing moneyed individuals or anything to that effect, which is probably for the best. We all know that most of these pictures are stock images of random people or photoshopped celebrity images picked from some gossip e-mag. Everything on Option Robot’s site is put forward in a clear manner and all the tabs are such that you won’t spend extra effort getting to what you want. There it not a lot of information but at least Option Robot made the effort and took the time to make their site client friendly and decent, and in all honesty effort is always rewarded.

    1. No false promises

    If you look through most of the binary options brokerage sites available, you will note one common feature on a large number of them – promises of making lots of cash per day, going as high as $1500 per day. Clearly, that’s ridiculous. As a matter of fact, if that was true we would see an influx of people to binary options and even have one or several legit millionaires who made their millions through trading. The fact that none of that has happened yet shows that all those promises don’t hold any water, and judging by their simple promotional approach Option Robot knows this. The site is admirably short on promises, which we know are false anyway, and instead focuses on how the trader can utilize the system for the best results.

    1. Details about the software

    Option Robot, different from most of the current trading robot sites, has quite significant information on how to customize the system and the various customizing options available like the trading system and indicators. Add that to the blog and FAQ section and you are sure not to miss out on any information you will need. This shows that the developers actually want you to benefit from the software and have made efforts to ensure that.

    1. Free software

    Option Robot trading software is free and completely web based, you only need a working internet connection to access, register or keep track of your trades. There are no known monthly or annual fees for using the software which needs no download and can be accessed through any phone or PC with internet. This is great news for us who would not pay a penny for software we know next to nothing about. The big let down here is that the system cannot be accessed offline as is the case with the latest software like Binary Option Robot.

    1. The best brokers

    Be assured that the brokers you will find on Option Robot, as mentioned elsewhere in this review, are top notch and the most used across all auto trading software. When trying to determine if a trading robot is reputable, we look at the caliber of the brokers they offer and we can truly say that Option Robot has passed this test.

    The following facts about Option Robot will make you a little more cautious or may even put you off altogether, it’s your call really.

    1. Track Record not yet proven

    As much as we are intrigued by the amazing features and awesome signals, the bottom line is that Option Robot is relatively new to the market. The claims remain largely unsubstantiated which makes Option Robot rank a bit lower in our preference list, giving way to older and more proven trading software. However, looking at it from another angle, this is as much a blessing as it is a curse. For one, the lack of a proven, or unproven record raises curiosity and makes more people want to try it out, which is free anyway. Either way, a track record is important as not everyone will gamble with their money.

    1. Only one type of asset

    Perhaps the single most disappointing thing about Option Robot, with all its pros, is the fact that it trades only in currency pairs. This is surely going to turn away the majority of traders who prefer other types of assets like commodities, indices and stocks. We agree and commend the team behind Option Robot for specializing in a niche but this is not the area to try it for a new and growing firm. It has been proven time and time again that, all other factors observed, traders will most likely use the asset index of a broker or auto trading site as a basis for differentiation. Furthermore, international traders would be more interested if their local indices or stocks are available.

    1. Only new accounts are allowed

    In what is a very bad business move, to sign up with Option Broker you will need to open a new account. That is, after signing up on the software, you will be required to select your preferred broker and open a completely new account to start trading. This means in simple language that if you have an account with one of the listed brokers, it will not work with the software as it will only accept broker accounts opened through its portal. On the flip side, new or experimenting traders will be fine with this. We can’t judge them, as it’s all a matter of personal preference but we speak for the majority.

    1. No information on developers

    Whether due to ignorance or omission, we just can’t quite understand why there is no information whatsoever given on the parent company or developers of Option Robot at the bottom of the page as is usually the case. This is sure to raise some eyebrows especially with the hawk-eyed and curious traders who have predilections for the nitty gritty. For starters, there are some questions that arise here. What do the developers have to hide? Most importantly who are the developers and what are their intentions? For now, those questions and many others remain unanswered, for how long only time will tell.

    Opening an Account and Getting Started

    If after reading all that and weighing the pros and cons you decide to sign up with Option Robot, the process is as simple as just giving a few personal details – name, address (both physical and email) and that’s it. As a requirement, you must select the broker you want your trades to be linked to. You will be redirected to the broker’s sign up page where you will complete the registration and make the initial deposit, the minimum of which depends on the particular broker. However, as a guide, all the brokers will require a minimum of at least $250. These deposits can be made through bank wire transfer, credit or debit cards, or using various other available online payment systems like Skrill and MoneyBookers. For bank wire transfer, you are advised to check with your bank on the charges beforehand to avoid any misunderstandings.

    After setup, to start the auto trading process, click on the ‘Auto Trade’ tab and the software will know what to do next. For a better experience, customize your trading options by going to ‘Settings’ and follow the prompts to select, change or remove indicators, set your investment amount per trade or select the trading system you want the system to follow when executing trades for you. With this, you are all set to go. Correction: the robot is all set to go for you! You can rest comfortably and check in after some time to collect your earnings.

    It is rare to see software with this kind of freedom in customization and you have to give props to the (presently) anonymous brains behind Option Robot for the idea. For the traders, they will surely love the fact they have control over the software and not the other way around, as is the case with most of the backstreet and substandard robots in the market.

    Possible setting for each option robot broker.

    Reviewing Automated Trading Software

    Everyone loves little extra and the love multiplies when it comes to making extra money. The financial instrument trading provides a great opportunity to make that extra money and with the advent of Automated Trading Software, you can make that little extra even with little efforts. Currently, there are several automated trading software available which caters to a variety of assets trading including stocks, currencies, and the binaries.

    In laymen’s terms, the automated software is nothing but a software algorithm that is able to trade on behalf of you with given set of settings. The automated software needs to be connected with the trading exchange or a trading platform to execute the trades. The right platform with an automated software executes trades on behalf of you which include identifying the underlying with a high probability of winning, placing an order, and closing the trade.

    This automated trading software allows you to set specific rules and from thereon, they execute the trades according to the set parameters. The trading happens in a real-time and is often quicker than the manual trading, allowing you to have higher winning percentages. The designated software can be used for a variety of assets including stocks, indices, currency pairs, and commodities.

    What To Look From an Automated Trading Software?

    While signing up for an Automated Trading Software, you should look out for certain things and conduct a thorough research before you commit yourself with real money. Almost all the Automated Trading Software are available through the web browser and it does not require you to download the software.The Automated Trading Software should be compatible with your preferred broking partner otherwise; it will not make sense.

    The professionally developed software are designed to give you ease of access and ease of trading to cater to beginners as well as the seasoned professionals. The software should be able to provide complete transaction control and it should operate on the specified parameters. The most important aspect of the research on the Automated Trading Software, is to go through online reviews and blogs related to binary trading which provides unbiased opinions on various software and brokers.

    As the trading is carried out for making a revenue stream, you should look out for any hidden cost associated with the Automated Trading Software, its winning ratio, and its association with the well-regulated brokerage house. In order to support you in your research on various Automated Software, our website can be a very useful resource as we conduct reviews of brokers and software on regular basis as well as update them frequently with the latest update to provide you up to date information.

    Spend sufficient time to research the most suitable Automated Software which best fits your requirements. Following table provides you a bird’s eye view on five Automated Trading Software which are topping the charts.

    Automated Trading Software Review Table

    Option Robot Automated Software

    CLICK TO ENLARGE IMAGE

    The Automated Binary

    CLICK TO ENLARGE IMAGE

    The Real Robot

    CLICK TO ENLARGE IMAGE

    Benefits of Using The Automated Binary Software

    Investment in the Automated Trading Software offers several distinct advantages over a manual trading. It not only shortens your learning curve; it also helps you to use the expertise of the professional traders to your benefits. The Automated Trading Software provides you to spend less time on trading and more time with your loved ones. The following text enlists some of the key benefits of the Automated Trading Software in the binary trading.

    • Allows you to automate your trading: The most prominent advantage of the automated trading software is that it literally allows you to earn profits while you vacationing with family. It is a well-known fact that trading can be a profitable business, but our busy lifestyle doesn’t give enough time to learn, evaluate and executes the trades. Trading requires an up to date information regarding the market, the underlying, and other factors to make it a profitable business. Even though the trading is considered as a profitable business venture, the shortage of time makes it even difficult to try.

    With 5-minute settings on the automated software, helps you make trading as a revenue generating stream even without spending too much time on it. This is one of the prime advantages of using the automated trading software.

    • Make profit from the beginning: Newcomers are required to spend considerable time and energy into learning the technical and fundamental analysis in order to be a successful trader. The process of learning these aspects can take several years to master and this makes it even more difficult for the beginners to taste the profits. By investing in the Automated Trading Software, you can avoid this long and painful process. The automated trading software allows you to utilize the expertise of the seasoned professionals to your own advantage and make winning a habit right from the beginning.
    • Emotion free trading: The trading requires lots of perseverance and practice to excel, however, the traders get carried away by hunches and own feelings. Traders tend to develop a strong feeling about a particular underlying if they have made profits on few trades in that specific underlying. This makes them trade that particular underlying again and again until they finally get trapped and make huge losses. So, a successful trader can only become successful if he is able to remove emotions from his trading.

    The automated trading software once set, completely removes the emotion part out of the trading and consistently executes trades on several underlying. This way it helps to keep a safe distance with the emotions while trading.

    • Can trade without tiring: Trading is very exhaustive and also can be very tiring after a certain period. The binary options trading also takes a considerable amount of time of the trader, creating a work-life imbalance. The trading software also helps in this scenario, as it is inhuman to all-day trading and can provide you with a spare time to spend on your favorite activity. The robot doesn’t get fatigued from long working hours, and hence able to trade for long hours.
    • Able to track several assets at once: The trader trading for one hour a day will lose several opportunities presented in the remaining 23 hours. An automated trading software working on behalf of you will be able to track several opportunities at once and will be able to make rational decision to place trades on the probable winning opportunities all day long.

    Overall, the automated trading software takes the rules from the human brains and translate them in the algorithm which can consistently perform on a set of parameters without tiring and without carried away by the emotions. The automated trading software makes the life of a trader easier and more enjoyable.

    Trading Experience

    After completing the registration and set up process, it will be time to enter your first trade, with the help of the robot, of course. Being fully automated trading software, Option Robot receives the signals from the indicators and immediately uses them to enter a trade without any signal being sent to you. That is the reason they are called auto trading systems or robots.The minimum investment per single trade is set at $5 to make it easy

    Conclusion

    In all honesty, despite a few hiccups here and there, you can’t argue with the fact that Option Robot is one of the best binary options robots in the market today, and it has the potential to do even better.

    Get the automated option robot trading software for free by clicking on the button below and learn how you can make money while you sleep!

    Top 10 Best Online Stock Trading Software Platforms Review 2020

    800 Comparisons & 4 Winners. The Webs Most In-Depth Stock Trading Software Platform Review. MetaStock vs TradingView vs TC2000 vs TrendSpider & More

    Table of Contents

    Welcome to the most detailed Stock Trading Software Review on the planet.

    I have been trading and investing for 21 years as a professionally certified market analyst. I have also been using and testing stock market software for over 10 years.

    In this review, I compare over 800 different features & functions across 30 products.

    Top 10 Best Stock Market Trading Software Platforms

    Why? So you can choose the very best package available to suit your investing style and budget. You can also compare head to head all of the benefits, features, and prices.

    If you are short on time, simply scroll down to see the Top 5 Review Winners

    The Best Online Stock Trading Software Platforms Summary

    • Best Stock Trading Software Platform: TradingView
    • Best for Price: TradingView — TC2000 — TrendSpider
    • Best for Live Trading off Charts: TC2000 — EquityFeed
    • Best for Social Trading & Ideas: TradingView
    • Best for Stock Screening: Stock Rover — TC2000 — TradingView
    • Best for Technical Analysis Charting: MetaStock — TrendSpider — TradingView
    • Best for Real-Time News: MetaStock + Refinativ
    • Best for Backtesting & Forecasting: MetaStock — TrendSpider
    • Best for Institutions: Optuma
    • Best for Automated Algo Trading: TradingView
    • Best for International Traders: TradingView — MetaStock
    • Best for U.S. Long-Term Investors: Stock Rover — TC2000

    Top 5 Best Stock Analysis Software Programs Winners

    1. TradingView — Overall Winner & Best Social Trading Community

    Recommended for short-term & long-term investors who value a great price, insanely good Fundamental & Technical Analysis with stunning social integration and the best ease of use.

    Price — Free Pro’s Cons
    Trade Commissions — See Broker ★ Social First, Chat, Publish, Follow ✘ No Real-time News
    Rating ★★★★★ ★ Easy System Development
    ★ Ease of use, perfect for beginners
    Launch TradingView Now ★ Global Real-time Exchange Data
    ★ Trade Cryptocurrency, Forex, Stocks — USA & Globally
    ★ Great Stock Screening

    TradingView — Winner Best Overall Trading Platform

    There is no doubt about it, TradingView has stormed into the review winners section and is holding its place as number 1 overall. I love TradingView and use it every single day. I post charts, ideas, and analysis regularly and chat with other traders.

    Pricing & Software — 10/10 — You can have TradingView for free, it is a review winner for our Best Free Charting Software Review. However, there are limitations. I would recommend going for the PRO+ at $19 per month or the Premium at $39 per month, the benefits are extensive including priority customer support and unlimited everything.

    Also, a huge benefit is that the data speed and coverage are mind-blowing, covering literally every stock market on the planet and not just stocks but ETF’s, mutual funds, futures, forex, bonds & cryptocurrencies AT NO EXTRA COST.

    TradingView Software Download for PC — TradingView is an HTML 5 application that runs in the cloud. This means you do not need to download any software for the PC or Mac. When you launch TradingView the HTML 5 code downloads to your PC browser automatically and it simply works. You can easily launch TradingView in a browser by clicking this link — Launch TradingView Charts.

    Trade Management Score — 8/10 — with TradingView you get full broker integration, you can place trades on charts and it will take care of profit & loss reporting and analysis for you. The only thing it does not cover is Stock Options trading.

    Fundamental Scanning & Screening — 10/10 — Another perfect 10 for TradingView as they hit the mark on real-time scanning and filtering, and fundamental watchlists also. The list of fundamentals you can scan & filter on is truly huge. Any idea you have based on fundamentals will be covered. They even have insane amounts of economic data like Federal Funds Rates and World Economic Growth, thanks to a connection to the QUANDL database.

    Moving Averages Ribbon — Beautifully Implemented In TradingView

    News & Social Community Score — 9/10 — as soon as you connect to TradingView you realize this is also developed for the community. You can look at community ideas, post your charts and ideas and join limitless numbers of groups covering everything from Bonds to Cryptocurrencies.

    The news feeds are fully integrated, including Kiplinger, DailyFX, Futures Magazine, FXStreet, and StockTwits. Add that to the social network and you have a great solution. The news service is only second to MetaStock with their Reuters Feeds.

    Technical Analysis Score — 10/10 — with over 160 different indicators, and unique specialty charts such as LineBreak, Kagi, Heikin Ashi, Point & Figure and Renko, you have everything you will need as an advanced trader. With the Premium membership, you also get Level II insight, fully integrated.

    TradingView — Insanely Beautiful Charts, with a massive selection of indicators. This Chart Feature Moon phase and Darvas Boxes

    Did I mention the charts are fast and beautiful?

    Systems, BackTesting & Automated Trading Score — 7/10 — Good but not perfect. TradingView has an active community of people developing and selling stock analysis systems and you can create and sell your own with the Premium-level service. Also, there are a huge number of indicators and systems from the community for free.

    The only thing you cannot do is forecast and implement Robotic Trading Automation. For forecasting, you are better off with MetaStock,

    Usability Points — 20/20 — within 5 minutes I was using TradingView, no credit card, no installation, no configuring data feeds, it was literally just there. TradingView works with a single click

    Watch this video overview of the benefits of TradingView

    *If you register for TradingView, let me know by connecting to liberatedstocktrader on TradingView & I will send you the Liberated Stock Trader Crash Detector Training Course & Book worth $49 for free.

    2. MetaStock — Winner Technical Analysis, Forecasting & Backtesting

    Recommended for day traders and those who need excellent real-time news, access to a huge stock systems market and powerful technical analysis with global data coverage all backed up with excellent customer services.

    Price — Software $99 per month Pro’s Cons
    Trade Commissions — N/A ★ The Best Charts & Indicators Selection ✘ PC Only
    Rating ★★★★★ ★ The Best System Back-testing ✘ No Mobile App
    Special Deal — 3 Months for the price of 1 ★ Real-time News from Reuters (with Refinitiv Xenith) ✘ No Broker Integration
    Visit MetaStock ★ Global Real-time Exchange Data

    MetaStock — Winner Best Backtesting, System Trading & Analysis Platform

    The latest release of Metastock XVII (17) is a big hit with improvements across the board. Huge improvements in scanning, backtesting, and forecasting make this one of the best offerings on the market.

    Pricing and Software 10/10 – MetaStock is one of the biggest fish in the sea of stock market analysis software. Backed up by the mighty Thomson Reuters you can expect excellent fast global data coverage and broad market coverage including equities, futures, forex, ETF’s and options.

    Trade Management 4/10 – MetaStock does provide broker integration but the execution of trades from charts and live integrated P&L analysis is limited.

    Fundamental Scanning and Screening 10/10 – Using Refinitiv Xenith you can see a really in-depth analysis of company fundamentals from debt structure to top 10 investors, including level II. Excellent watch lists featuring fundamentals and powerful scanning of the markets gets a perfect 10

    News 10/10 – MetaStock 12 has full Eikon integration with institutional level news, analysis, and outlook. This is the fastest global news service available on the market including translations into all major languages.

    Technical Analysis 10/10 – Forex forecasting based on sentiment is a feature that is absolutely exceptional. Never mind the broadest selection of technical analysis indicators on the market today. MetaStock is the king of technical analysis warranting a perfect 10.

    Stock Systems and Back Testing 9/10 – Another area where MetaStock excels is what they call the expert advisors. MetaStock harnesses a huge amount of inbuilt systems that will help you as a beginner or intermediate trader understand and profit from technical analysis patterns and well-researched systems. This is really a key area of advantage. The biggest addition to the MetaStock arsenal is the forecasting functionality which sets is apart from the crowd.

    Ease of Use 12/20– MetaStock still has the feel of a collection of separately developed applications that require user’s education to make them work together. However, with the huge selection of automated “expert advisors” you can deploy on the selection of stocks in your purview make MetaStock well worth the investment.

    3. Stock Rover — Winner Stock Screening & Fundamental Analysis

    Best for U.S.A. & Canadian Value Investors Seeking An Insanely Good Fundamental & Financial Analysis Stock Research Software. Easy to Use Yet Extremely Powerful. This is Our Outright Winner

    Price — Software $27 per month (Premium Plus) Likes Dislikes
    Trade Commissions — N/A ★ Huge Selection of Fundamental & Financial Scanning Criteria ✘ No Social Community
    Rating ★★★★★ ★ Incredible Stock Scoring Systems Allow You To Find Perfect Matches For Your Portfolio
    ★ Unique 10 Year Historical Fundamentals Data
    ★ Warren Buffet & Ben Graham Screeners & Portfolios Fully Integrated
    Visit Stock Rover ★ The Best Usability & Setup

    Stock Rover — Best Stock Screener Review Winner 2020

    It is really impressive that Stock Rover has stormed into the review winners section in its first try. It is also the outright winner in our Best Stock Screener Review.

    I now actively use Stock Rover every day to find the undiscovered gems that form the foundations of my long-term investments. Using Stock Rover I have created multiple screening strategies for dividends and value investing that I cannot live without now.

    Stock Rover Pricing — 10/10. You can have Stock Rover for free, however, the real power of Stock Rover is unleashed with the Premium Plus service. Moreover, their top tier of service is not even expensive when compared to the competition. I strongly recommend going for the Stock Rover Premium Plus at $27.99 per month. Why? Because having used the service extensively, I cannot live without the unlimited stock ratings, analyst ratings scoring and the unlimited fair value and margin of safety scoring.

    Stock Rover Platform — 10/10. Stock Rover runs on PC, Mac, Tablets, and Smartphones and requires zero installation, it simply works. The market data, scoring, ranking, and analysis are for the USA & Canadian markets only.

    • Zero client installation — very quick setup
    • Zero data downloads and data management required on the local client device
    • Cross-device compatibility (PC, Mac, Tablet, Smartphone)

    Stock Rover has the best implementation of stock screening on a cloud-based architecture on the market.

    Trade Management Score — 9/10. With Stock Rover, you get broker integration with practically every major broker, including our review winning brokers Firstrade and Interactive Brokers.

    You cannot place trades from charts but it will take care of profit & loss reporting on your portfolio and provide recommendations for portfolio rebalancing. Including income (dividend) reporting and scoring it is a unique package.

    Stock Rover is not for day traders, it is for longer-term investors that want to maximize their portfolio income and take advantage of compounding and margin of safety to manage a safe and secure portfolio.

    Fundamental Scanning & Screening — 10/10. Another perfect 10 for Stock Rover as they hit the mark on company stock scanning and filtering, and fundamental watchlists also.

    The list of fundamentals you can scan & filter on is truly huge. Any idea you have based on fundamentals will be covered with over 600 data points and scoring systems.

    Watchlists have fundamentals broken into Analyst Estimates, Valuation, Dividends, Margin, Profitability, Overall Score and Stock Rover Ratings. You can even set the watchlist and filters to refresh every single minute if you wish.

    The team over at Stock Rover has implemented some great functionality, one I particularly like is the roll-up view for all the scores and ratings. Here I have imported the Warren Buffett portfolio which includes his top 25 holdings. I have also selected the “Stock Rover Ratings” tab. This “Stock Rover Ratings” tab rolls up all analysis into a simple to view ranking system, saving a huge amount of time and effort whilst providing a wealth of insight.

    Stock Rover — Simply The Best Stock Screener — The Warren Buffet Scan

    Powerful Pre-Built Screeners — Integrated into Stock Rover

    Stock Rover already has over 150 pre-built screeners that you can import and use. You do need to have the Premium Plus service to take advantage of this, I have reviewed many of them and they are very thoughtfully built. One of my favorites is the Buffettology screener.

    The Stock Rover Buffettology Screener — Screenshot

    Stock Rover Warren Buffet Screener — This screener is based on criteria described in the bestselling Buffettology book. The company should have a 10-year track record of generally increasing EPS with no negative earnings years; long-term debt, not more than 5 times annual earnings; average ROE over the past ten years at least 15%, average ROIC over the last 10 years at least 12%, and earnings yield should be higher than the long term Treasury yield.

    Stock Rover Screeners — Buffett’s Holy Grail

    Here is another screener that I really like. If you select any screener, in this case, I selected the “Strong Buys Screener” the Fair Value Screener and simply select the “Fair Value” tab, you are rewarded with arguably the killer features of Stock Rover. The Fair Value and Margin of Safety analysis and rankings. These analysis factors are a nightmare to manually calculate yourself and it could be said, warrant the investment in Stock Rover all by themselves. Read more about setting up your Warren Buffett stock screener with StockRover

    Fair Value and Margin of Safety Rankings

    Stock Rover — Fair Value & Margin of Safety Indicators

    News & Social Media Integration Score — 8/10. Stock Rover pulls in information from Yahoo Finance and Benzinga News. The news feeds are not real-time but they are useful. As a long-term investor real-time news is not really a priority. If it is a priority for you, you can subscribe to Benzinga News separately. When it comes the social chat and community there is no perceivable service within Stock Rover.

    Stock Charting & Technical Analysis Score — 6/10. Looking at stock charts with Stock Rover is different from all the other software vendors on the market. Whereas MetaStock & TradingView focus on hundreds of technical analysis (price/volume) indicators, Stock Rover focuses on charting the fundamental financial strength indicators.

    With over 154 different financial indicators, and only 9 technical analysis indicators, Stock Rover is not the best service for technical analysis or frequent trading, but it is by far the most complete package for fundamental income and value investors. So, although this section is for technical analysis, they are so good with charting fundamentals I have rated them a score of 70%. Caveat — there are no possibilities to draw trend-lines or annotate charts in Stock Rover.

    Systems, Backtesting & Automated Trading Score — 8/10. Again, we have to think of Stock Rover differently to other stock charting analysis packages. Stock Rover provides 10 years of backdated financial information and scanning possibilities, better than nearly every other stock screening package. However, automated trading and technical system backtesting is not part of the design remit. For that, you should look at MetaStock or TradingView.

    Usability Points — 20/20. Within 15 minutes I was using Stock Rover no installation required and no configuring data feeds, it was literally just there. Even better is the fact it there are so many curated screeners and portfolios to import and use you are instantly being productive. It is quite a feat that it is so easy to use considering Stock Rover has so many powerful scoring and analysis systems.

    Stock Rover Review Summary

    Stock Rover wins our Stock Market Software review by providing the best software for value and income investors. A 10-year financials & fundamentals historical library plus incredible scanners including all of Warren Buffet & Ben Graham’s favorite criteria. Fair Value, Margin of Safety and so much more. If you are a long-term investor, this is the software for you.

    Try Stock Rover + Get A Bonus* Read The Detailed Stock Rover Review

    *If you register for Stock Rover, contact me and let me know your username & I will send you the Liberated Stock Trader Crash Detector Training Course & Book worth $49 for free.

    4. TC2000 — Winner Market Scanning & Broker Trading

    Recommended for long-term investors in the U.S.A. & Canada with a fundamental bias who need powerful screening and excellent charts on all platforms.

    Price — Software $89 per month (real-time) Pro’s Cons
    Trade Commissions — $4.99 per trade ★ Fantastic Charts & Indicators Selection ✘ No Back-testing
    Rating ★★★★★ ★ The Best Technical & Fundamental Stock Scanning ✘ No Social
    Special Deal — $125 worth of Bonuses ★ Trade Directly From Charts
    Open An Account ★ Real-time Exchange Data
    ★ Very Good Margin Rates

    Telechart has long been one of my favorite tools, I have been a subscriber for over 17 years and find the latest release v18.x to be another step forward. Endlessly customizable and scalable the platform offers nearly everything an investor will need.

    Pricing and Software 10/10 — Telechart is a big hitter when it comes to software and pricing. Telechart runs on everything — your iPhone your Tablet, your Mac, and your PC. It is also priced very reasonably with a simple pricing structure.

    If you trade U.S. Stocks, ETF’s or Mutual Funds, then this is a great solution. Worden Brothers also provide regular live training seminars across the U.S.A. which are of very high quality.

    Trade Management 9/10 — Worden recently released TC2000Brokerage offering discount brokerage services $4.95 per trade. This integration means a tight integration for trading stocks from the chart screen but also one of the best implementations of Stock Options trading visualization available.

    Fundamental Scanning and Screening 10/10 — Make no mistake about it, if you want fundamentals screened in real-time layered with technical screens all integrated into live watch lists connected to your charts TC2000 is a power player.

    News 8/10 — While Telechart does not have a perceivable real-time news element, it does have integrated news with connections to Google Finance, CNN, Yahoo Finance, MSN Money, Marketwatch, and StockTwits. If you want social community and integrated news, you will need to roll back to TC2000 v12.5.

    Technical Analysis 9/10 — Telechart has an excellent array of technical indicators and drawing tools, all the big ones are there, from OBV, RSI and Bollinger Bands to Fibonacci Fans and Andrews Pitchfork. With over 70 different indicators you will have plenty to play with. They have also introduced live alerts that you can configure to email or pop up if an indicator or trend line is breached, very useful indeed.

    Stock Systems and Back Testing 4/10 — if you want to perform powerful backtesting, then TC2000 is not for you. You may be able to utilize the add-on product called StockFinder if you are a Platinum Member and you specifically call support to ask for it. However, StockFinder is no longer in active development, which is a shame because I think it was a very good backtesting suite.

    Ease Of Use 20/20 — One of the easiest to use and most powerful packages available places the icing on the cake for the Worden Brothers.

    TC2000 30 Day Trial for Free Now + Bonus* Read the Full TC2000 Review

    *If you register for TC2000, contact me and let me know your username & I will send you the Liberated Stock Trader Crash Detector Training Course & Book worth $49 for free.

    5. TrendSpider — Winner Best AI Trading Software & Analysis Automation

    Recommended for all traders wanting cutting edge AI software, auto trend line pattern recognition, system backtesting all at a great price.

    Price — Software $27 per month (real-time) Pro’s Cons
    Trade Commissions — N/A ★ Automated Trend Line Detection ✘ No Auto Trading
    Rating ★★★★★ ★ Automatic Multi-TimeFrame Analysis ✘ No Social
    ★ Simple & Powerful Backtesting
    Free 7 Day Trial ★ Real-time Exchange Data Included in Price
    ★ Automatic Fibonacci Trend Detection
    ★ Stocks, ETFs, Forex, Crypto, Indices & Futures

    TrendSpider — Winner for Innovation, Automation & Use of AI

    The TrendSpider team are innovating at breakneck speed, and the features they are innovating are unique to the industry with trendline automation, pattern recognition and multi-timeframe analysis.

    Pricing and Software 10/10 — TrendSpider has an excellent price point starting at $27 per month, which includes real-time data. They have also expanded to cover Forex, Crypto, ETFs, and Futures, which means you can apply the stunning Auto Trend-lines and Multi Time-Frame Analysis on many different markets. The platform is built on HTML 5 and needs Zero installation and Zero data feed configuration. The system runs on all platforms from smartphones to PCs. Finally, I have tested the customer support and confirm it is excellent and you have a human to chat with whenever you like.

    Technical Analysis 10/10 — Packed full of innovative technical analysis tools means that TrendSpider is catapulted to the top of this list. If you are a serious market analyst, then TrendSpider will help you do the job quicker, with better quality and help you to not miss an opportunity. Automated trendline detection and plotting, this does a better job than a human can, using algorithms the system can detect thousands of trends-lines and flag the most important ones with the highest backtested probability of success.

    TrendSpider — Automating Stock Chart Analysis

    The multi time-frame analysis, which means being able to view multiple time-frame charts on a single chart with the trend-lines plotted automatically. Another great feature is the advanced plotting of support and resistance lines into a subtlely integrated chart heatmap.

    Finally, Raindrop Charts, a completely unique and intuitive way to visualize volume profile or volume at price action.

    Stock Systems and Back Testing 8/10 —Integrated back-testing of automated trend-lines, showing win-rate, profitability and drawdown are new additions and warmly welcome, the team is finally propelling TrendSpider into one of the leading technical analysis packages in the industry.

    Ease Of Use 18/20 — TrendSpider’s innovations mean you will need a little time to understand what they are telling you. For example, seeing hourly, daily, weekly trend lines plotted on the same chart might be confusing at first, but after applying a little effort you might find you cannot live without them. Still an excellent score on usability.

    TrendSpider Market Scanner — New in 2020

    TrendSpider is developing new features at breakneck speed, but this one is big. The latest innovation from the TrendSpider team is the “Market Scanner”. This enables you to not only scan a specific stock but the entire market for stocks matching your technical criteria. This is a major step forward, combining AI trend detection and analysis with to ability to scan the entire stock market.

    *If you register for TrendSpider, contact me and let me know your username & I will send you the Liberated Stock Trader Crash Detector Training Course & Book worth $49 for free.

    Stock Trading & Analysis Software Platforms Comparisons

    1. Best Stock Trading Software Platform for Price, Quality & Customer Service
    2. Best Stock Trading Software for Broker Integration & Live Trading from Charts
    3. Best Fundamental Analysis Software with Financial Stock Screening
    4. Best Software Programs for Real-time Stock News Analysis & Social Trading
    5. Best Stock Technical Analysis Software, Stock Market Charting & Indicators
    6. Best Software for Market Prediction, Forecasting & Backtesting + AI Trading
    7. Best Online Stock Trading Software for Beginners
    8. Top 5 Winners: The Best Stock Charting Trading Software Summary Reviews.

    Best Stock Software Platforms for Price, Quality & Customer Service

    1. TradingView: Free — Best for Stocks, ETF’s, Forex, Crypto & Social — Recommended Pro Service $12.95 /mo
    2. MetaStock: $22 — Great Technical Analysis Package, Recommend MetaStock R/T, Real-time News & Data $99 /mo
    3. Stock Rover: Free — The Best Stock Screening & Fundamental Analysis Package, Recommend PRO+ $28 /mo
    4. TrendSpider: $11 — The Best Automated Technical Analysis Software — Recommend Elite for $47 /mo
    5. TC2000: $10 — Best for Fundamental & Technical Charts, Scans & Trading, Recommend Gold for $30 /mo

    This round was extremely competitive with 5 vendors leading the pack, but not by a wide margin.

    1. TradingView — Score 10/10

    TradingView offers 4 packages, starting at Free for a limited version of the toolset and moving to extremely competitively priced packages like Pro for $9.95, Pro+ for $19.95 and Premium for $39.95 per month.

    I would recommend the Pro subscription as it enables nearly everything you would need. If you want the intraday spread charts & custom chats opt for Pro+. In any case, try it out completely Free and play around with it to see if you like it.

    TradingView runs on PC, Mac, Tablets, and Smartphones and requires Zero Installation, it simply works. On mobile TradingView also came top in our Best Stock Trading Apps for Smartphones Review.

    The Market data is huge, covering nearly all Stock Markets and it includes Stock, ETF’s Futures, Foreign Exchange & Bonds, all at no extra price, which means outstanding value for money combined with excellent support options.

    2. MetaStock — Score 10/10

    MetaStock starts at a very reasonable $22 per month which unlocks the entire package, and as you will see that is a great package, including Reuters real-time news feeds and award-winning technical analysis and expert advisors for system backtesting and analysis.

    It is designed only for the PC but can be run on Mac with PC emulation software. You will need to download and install MetaStock and configure your specific data feeds for the markets you want to trade. So the software installation is not as slick and quick as competitors but the package is extremely powerful.

    MetaStock has a clean sweep in terms of Stock Exchanges covered (e.g. All of them) and it covers ALL of the vehicles, stock, ETF’s Mutual Funds, Options, Futures Forex, and Bonds.

    3. Stock Rover — Score 10/10

    You can have Stock Rover for free, however, the real power of Stock Rover is unleashed with the Premium Plus service. Moreover, their top tier of service is not even expensive when compared to the competition.

    How Much Does Stock Rover Cost?

    • Free $0 Scanning for 10,000 stocks, 43,000 mutual funds & ETF’s, broker integration, portfolio analysis & market news
    • Essentials $7.99 US /mo , 5 years of historical data, 10 fair value and margin of safety ratings per month + earnings calendar
    • Premium $17.99 US /mo, 350 fundamental metrics, 10 years of historical data, stock & ETF ranked screening. 10 stock ratings per month, 20 fair value & margin of safety ratings per month.
    • Premium Plus(Recommended), $27.99 US/mo, 10 years of historical screening, unlimited margin of safety and fair value scoring, unlimited stock warnings and stock ratings + analyst ratings scoring.

    I strongly recommend going for the Stock Rover Premium Plus at $27.99 per month. Why? Because having used the service extensively, I cannot live without the unlimited stock ratings, analyst ratings scoring and the unlimited fair value and margin of safety scoring.

    Stock Rover runs on PC, Mac, Tablets, and Smartphones and requires zero installation, it simply works. The market data, scoring, ranking, and analysis are for the USA & Canadian markets only.

    4. TrendSpider — Score 10/10

    Pricing starts at Free to try, but the real power comes in with PRO Trader Plan which starts at $24.75 per month. This includes Real-Time Data, NASDAQ, NYSE & Amex Stocks, ETF’s and surprisingly Cryptocurrencies. In this package, you also get unlimited lookups, trend detection, and 10 Dynamic Price Alerts + a free 30 minute personal one on one training session.

    The Elite Trade Plan is $37.25 per month, has everything the PRO plan has and in addition includes after-hours and pre-market data, OTC, Forex and Futures data. On top of that, you get 20 Dynamic Alerts.

    Considering you get real-time data the pricing is very competitive, in fact considerably lower than other charting software vendors.

    5. TC2000 — Score 10/10

    Worden Brothers continue their winning ways, which very competitive pricing starting at only $10 for the silver package. I would recommend gold to start with as you get a more powerful alerts engine and unlock the huge power of the Technical & Fundamental Scanning and Filtering that TC2000 is famous for.

    TC2000 is aimed squarely at those trading Stocks, ETF’s, Mutual Funds and Options, specifically on the U.S.A and Canadian Markets.

    The software is first class, runs on PC, Mac and Tablets SmartPhones, and requires zero complex configuration. The TC2000 mobile experience is also very nice and their App for iPhone and Android was highly recommended in our Best Stock Market Apps Review. Support is excellent both on the forums or via the phone where you get to speak immediately with skilled personnel in the U.S.

    If you have not selected a Discount Stock Broker, you should look at TC2000 as an option, they have their own brokerage with extremely competitive rates which also means you get full integration so you can trade Stocks & Options directly from your charts, a huge bonus.

    Comparison Table — Price, Quality & Service

    Vendor TradingView MetaStock StockRover TrendSpider Telechart Optuma EquityFeed QuantShare TradeStation eSignal NinjaTrader ChartSmart VectorVest ProfitSource
    Pricing & Software
    Monthly End of Day $ Free
    Pro $13
    Pro+ $25
    $22 Free
    Essentials $8
    Premium $18
    Premium Plus $28
    Silver $10
    Gold $30
    $82 N/A $245 Lifetime License $249 or Free For Clients $37.95 $50 or Free for Clients $43 $59
    Monthly Real Time $ Premium
    $50
    $99 $27 -$69 Platinum $90 $207 $135 –
    $250
    $595 Lifetime License $349 or Free for Clients $120 $110 $129 $1295
    Software Only Fee $ $449 $245 $999
    Customizable Data Feeds IQFeed. GFT, MT4, Bloomberg
    Customer Service & Education Excellent Excellent Excellent Excellent Excellent Excellent Email Only Email Only Excellent Excellent OK Email Only OK AUS Time Zone
    PC
    For MAC
    Tablets Smartpones
    Market Data Coverage Global Global U.S.A. / Canada U.S.A. U.S.A. / Canada Global U.S.A inc. OTC Global Global Global Global U.S.A. / Canada US Global
    Data Speed Excellent Excellent Good Excellent Excellent Excellent Excellent Good Excellent Excellent Excellent OK OK OK
    Stocks
    ETF
    Mutual Funds
    Options
    Futures
    Forex
    Bonds
    Crypto (new)
    Pricing & Software Score 10 10 10 10 10 9 9 9 8 8 8 5 4 2

    Stock Market Software Review – Pricing & Software Comparison – Table 1

    Best Stock Trading Software for Broker Integration & Live Trading From Charts

    1. TradingView — Best for Live Trading from Charts for Stocks, Crypto, Forex. Includes USA Broker Tradestation
    2. TC2000 — Best for Live Stock & Options Trading Using the Integrated TC2000 Brokerage
    3. EquityFeed — Good integration for customers of Interactive Brokers, TD Ameritrade or LightSpeed
    4. Stock Rover — Best for Stock Portfolio Management with Integration to Every Major Broker
    5. Optuma — Good Integration for Interactive Brokers Customers, But No Live Trading From Charts

    There are 4 clear winners in this section, those that offer direct integration from charts to trade execution, the 4 winners have been selected because of the unique features they offer.

    1. TradingView — Score 10/10

    As soon as you log in to TradingView and use an interactive chart you can see the Buy and Sell buttons hovering over the chart. You will need to login to your broker and set up the integrations.

    So what is unique here?

    They offer 13 integrations to Futures Brokers via CQG. They also integrate with Merril, Modalmais, and Alor for stock trading. Also included is forex integration with OANDA, Forex.com and Direct FX. The even uniquely has integration to Poloniex for Cryptocurrency trading. An excellent and growing set of integrations now includes TradeStation for USA clients.

    2. TC2000 — Score 10/10

    Worden Brothers make a clean sweep when it comes to trade management, with full Broker Integration, as long as you choose TC2000 Brokerage as your broker. The TC2000 brokerage offers great executions and low trading costs at $4.95 per trade.

    TC2000 also offers fantastic Options trading and integration, you can scan and filter on hundreds of Options Strategies and then execute and follow them directly from the charts.

    Good Profit & Loss tracking & Analysis round off the package.

    3. EquityFeed — Score 10/10

    EquityFeed has introduced the “Chart Montage” functionality, which enables an ultrapowerful way of trading off the charts.

    This single window contains a wealth of critical trading information, including real-time streaming news, level 2 data, including time and sales. Also, Equity Feed is the only software to offer the Dollar Volume data.

    The EquityFeed Team has a fantastic set of integrations to your broker to enable this, which includes RealTick, Sterling Trader, LightSpeed and most importantly TD Ameritrade and Interactive Brokers two of the powerhouses of the brokerage world. So, the chances are you are already covered by your broker of choice.

    4. Stock Rover — Score 9/10

    With Stock Rover, you get broker integration with practically every major broker, including our review winning brokers Firstrade and Interactive Brokers.

    You cannot place trades from charts but it will take care of profit & loss reporting on your portfolio and provide recommendations for portfolio rebalancing. Including income (dividend) reporting and scoring it is a unique package.

    Stock Rover is not for day traders, it is for longer-term investors that want to maximize their portfolio income and take advantage of compounding and margin of safety to manage a safe and secure portfolio.

    5. Optuma — Score 9/10

    With Optuma connected to your Interactive Brokers account you will get all the functionality you need to trade directly from charts and the advanced portfolio tracking and measurement. You will need to open an Interactive Brokers account, but why not as interactive brokers are widely considered to be one of the best and lowest cost stock brokers out there.

    Comparison Table — Broker Integration & Chart Trading

    Trade Management
    Broker Integration Stocks
    Place Trades from Charts
    Live Position P&L
    P&L Analysis
    Trade Management Score 10 10 10 9 9 9 9 8 8 6 5 4 0 0

    Stock Market Software Review – Trade Management Comparison – Table 2

    Best Fundamental Analysis Software with Financial Stock Screening

    1. Stock Rover: By Far the Best Stock Screener & Fundamental Analysis Software On The Market Today
    2. TradingView: Best for Screening & Analysis of ETF’s, Fx & Cryptocurrency. A Good Stock Screener Also.
    3. MetaStock: Best for Institutional Grade Financial Analysis & Screening, but You Need MetaStock +Refinative
    4. TC2000: Best for Real-time Scanning of Financial & Technical Indicators Across the Entire U.S.A & Canadian Markets
    5. Optuma: Combined With Bloomberg, Optuma Represents a Good Solution Although Pricey

    This round produced 4 winners with the best stock screener integration all tied with 10 out of 10 points. In fact, 7 of the 10 have very good stock screener fundamentals integration.

    1. Stock Rover — Score 10/10

    The new king of stock screeners & scanner has arrived. Stock Rover is the outright winner in our Top 10 Best Stock Screeners Review and deservedly so.

    Another perfect 10 for Stock Rover as they hit the mark on company stock scanning and filtering, and fundamental watchlists also.

    The list of fundamentals you can scan & filter on is truly huge. Any idea you have based on fundamentals will be covered with over 600 data points and scoring systems.

    Watchlists have fundamentals broken into Analyst Estimates, Valuation, Dividends, Margin, Profitability, Overall Score and Stock Rover Ratings. You can even set the watchlist and filters to refresh every single minute if you wish.

    The Excellent Stock Rover Ratings Engine

    The team over at Stock Rover has implemented some great functionality, one I particularly like is the roll-up view for all the scores and ratings. Here I have imported the Warren Buffett portfolio which includes his top 25 holdings. I have also selected the “Stock Rover Ratings” tab. This “Stock Rover Ratings” tab rolls up all analysis into a simple to view ranking system, saving a huge amount of time and effort whilst providing a wealth of insight.

    Stock Rover — Simply The Best Stock Screener — The Warren Buffet Scan

    Stock Rover already has over 150 pre-built screeners that you can import and use. You do need to have the Premium Plus service to take advantage of this, I have reviewed many of them and they are very thoughtfully built. One of my favorites is the Buffettology screener.

    2. TradingView — Score 10/10

    TradingView has a very slick system and they have put a huge amount of thought into how fundamentals integrate into the analytics system.

    Watchlists have fundamentals broken into Performance, Valuation, Dividends, Margin, Income Statement and Balance Sheet. You can set the watchlist and filters to refresh every minute if you wish.

    What makes TradingView stand out is the huge selection of economic indicators you can map and compare on a chart. For example, you can compare the Civilian Unemployment Rate versus the growth in company profits for the U.S.A. This is incredibly powerful.

    3. MetaStock — Score 10/10

    MetaStock is owned by Thomson Reuters, who are without a doubt the biggest and best provider of real-time news and market analysis.

    They also have an incredible database of global fundamental data, not just on companies but economies and industries. The filtering & scanning possibilities are endless. I would like to see better integration within the MetaStock suite, bringing together the fundamentals and the technical analysis to enable better charting on fundamentals. However, the wealth of data is first class, but you will need to pay extra for the Refinitiv Xenith upgrade

    4. TC2000 — Score 10/10

    I selected TC2000 as my tool of choice back in the year 2000 because it offered back then, simply the best implementation of fundamental scanning, filtering and sorting available on the market. 17 years later, they are still a leader in this section.

    They offer a huge selection of fundamentals to choose from, but what makes it unique is the fact you can, with a few clicks, create your own indicators based on the fundamentals. You can then overlay the indicators directly on the charts, which opens up a whole new world and technical and fundamental analysis. 10 out of 10 for TC2000 again.

    5. Optuma — Score 9/10

    Optuma is squarely aimed, as you can see from the price, at professional traders and wealth managers. Their clients are tier one Wall Street investment houses. But you can still take advantage of their first-class solution. If you have a Bloomberg feed already established this also offers a new world of data and fundamental analytics. This slick integration of fundamentals into the charting and analysis means this is a significant improvement over a Bloomberg terminal.

    Comparison Table: Fundamental Analysis Software & Stock Screening

    Fundamental Scanning & Screening
    Real Time Scanning & Filtering
    Fundamentals Scanning
    Watch Lists with Fundamentals
    10 Year Historical Financial & Fundamentals
    Advanced Value & Income Investing Rankings Fair Value
    Margin of Safety
    Extended Economics Fundamentals (New)
    Fundamental Screening Score 10 10 10 9 9 9 9 9 9 8 7 6 3 0

    Stock Market Software Review – Fundamental Analysis Comparison – Table 3

    Best Software Programs for Real-time Stock News Analysis & Social Trading

    1. TradingView: The Undisputed King of Social Trading & Ideas Sharing, with a Good News Service
    2. MetaStock: The Best Real-time News Service powered by Reuters Global Financial News
    3. EquityFeed: A Solid, Well Organized Real-time News Service

    In the news and social section, there are only 2 winners, both for different reasons. Read on to learn more.

    1. TradingView — Score 10/10

    TradingView is built with social at the forefront and it is simply the best social sharing and ideas network for traders. Fully integrated chat systems, chat forums and an excellent way to share your chart ideas and analysis with a single click to any group or forum.

    This makes for an excellent way to generate ideas or learn from other traders. You have to try it and see it in action to understand the power of the implementation.

    Follow me on TradingView for regular market and stock analysis ideas and commentary.

    They have also thoughtfully integrated a Kiplinger newsfeed, Stocktwits, and various FX newsfeeds. With a social-first development methodology, combined with powerful economy statistics and a solid newsfeed it is a great package.

    2. MetaStock — Score 10/10

    Thomson Reuters, the king of the real-time newsfeed and global market data coverage, is the owner of MetaStock, so you get the entire wealth of knowledge included in the package. This should not be underestimated.

    MetaStock however, does not have any social elements, which under normal circumstances, would detract from the score, however, because the news feeds are so strong it still warranted a 10 out of 10.

    3. EquityFeed — Score 9/10

    In second place and definitely worth mentioning this year is the deal news section in EquityFeed.

    I really like the simple implementation, you can get the low down on contracts and deals struck between companies. This can give you an edge if you can quantify the impact of the deal on the companies bottom line.

    EquityFeed also has a strong focus on news, but it is let down by having no social integration.

    Comparison Table: Real-time News & Social Trading

    News &
    Social
    News Feed
    Real-Time News Feed MT NewsWire
    $8 pm
    Economics & Deal News Kiplinger
    Futures
    Reuters Deal News Bloomberg
    Required
    Market Commentary Bloomberg
    Required
    Community Chat V12.5
    News Score 10 10 9 8 8 7 6 5 5 4 2 1 0 0

    Stock Market Software Review – News Services & Social Comparison – Table 4

    Best Technical Analysis Software, Stock Charting & Indicators

    1. MetaStock — Best for The Most Powerful Technical Analysis, Charting & Indicators. Plus a Huge Trading Systems Marketplace
    2. TradingView — Great for Beautiful Stock Charts & a Large Selection of Indicators and Drawing Tools
    3. TrendSpider — Best for Saving Time by Automating Technical Analysis using AI & Machine Learning
    4. TC2000 — A Great Package with Excellent Charting & Indicators + Ability to Create Personal Indicators
    5. Optuma — Great for Exotic Charts Like Gann, Elliott Wave & Darvas Box

    The technical analysis (charting) section is always extremely hard-fought and this year the competition was fierce. We have 4 winners with 10 out of 10, but another 3 with 9 out of 10. This means whichever package you choose you will be well covered with any of the first 7 on the list.

    Let’s take a look at the winners for the best charting software.

    1. MetaStock — Score 10/10

    MetaStock takes a clean sweep when it comes to Charting covering all the core chart types, but also includes, Point & Figure, Equivolume, and Market Profile charts.

    When it comes to indicators, MetaStock has 300+ different types, including Darvas Box and Ichimoku Cloud. MetaStock will also help you develop your own indicators based on their coding system.

    Finally, MetaStock racks up a perfect score on the drawing tools section, which includes Gann and Fibonacci tools.

    2. TradingView — Score 10/10

    TradingView has over 160 different indicators, covering everything you could possibly need and a lot more.

    TradingView also has an exceptional selection of drawing tools including tools unavailable on other platforms such as extensive Gann & Fibonacci tools. 65 drawing tools and hundreds of icons for your charts, notes, and ideas.

    So why does it score so highly and rank as a winner in this section?

    I was incredibly impressed with the offering of Kagi, Heikin Ashi and Renko Charts including Point & Figure and Line Break. Also, the user community has developed indicators as exotic as Moon Phase (see the final bell review below for more details).

    With this selection of charts, you have everything you will need as an advanced trader. Plus, with the Premium membership, you also get Level II insight, fully integrated. Well done TradingView.

    3. TrendSpider — Score 10/10

    The TrendSpider team continue to innovate, TrendSpider has moved into 3rd position in this hotly contested space. It does not have the most chart drawing tools or the most indicators or even stock chart types. But what it does have, has forced us to create a new category of advanced features for technical analysis, TrendSpider is doing something completely different.

    6 Innovations Unique To TrendSpider:

    1. Automated trendline detection and plotting, this does a better job than a human can, using algorithms the system can detect thousands of trends-lines and flag the most important ones with the highest backtested probability of success.
    2. Automated multi time-frame analysis, which means being able to view multiple time-frame charts on a single chart with the trend-lines plotted automatically.
    3. Advanced plotting of support and resistance lines into a subtlely integrated chart heatmap.
    4. Automated Fibonacci Detection & Mapping — again unique to TrendSpider
    5. Integrated back-testing of automated trend-lines, showing win-rate, profitability and drawdown
    6. Raindrop Charts, a completely unique and intuitive way to visualize volume profile or volume at price action.

    This has three huge benefits:

    1. It saves traders and professional analysts a lot of time and can provide an edge in the market.
    2. It uses mathematics & AI to help traders spot trends they would have missed.
    3. It helps beginners to learn how to draw trend lines.

    4. TC2000 — Score 10/10

    Telechart has an excellent array of technical indicators and excellent drawing tools, all the big ones are there, from OBV, RSI and Bollinger Bands to Fibonacci Fans and Andrews Pitchfork, they have also added Heiken Ashi Charts.

    With over 70 different indicators you will have plenty to play with. They have also introduced live alerts which you can configure to email or pop up if an indicator or trend line is breached. Very useful indeed.

    5. Optuma — Score 10/10

    Another perfect 10 for Optuma. A fantastic array of 400+ technical indicators and drawing tools, specializing in Gann tools with a full suite including Gann Grid Lines, Gann Fans, and Gann Swing.

    Also included are Elliott Wave and Darvas Box in fact, the full set of exotic indicators are present.

    To top it off they have also implemented an excellent astrological analysis suite as an upgrade for those of you who believe in that sort of thing, yes commodity traders I am talking about you :).

    Comparison Table: Technical Analysis Charting & Indicators

    Technical Analysis
    Charts
    Multiple Charts Per Desktop
    Bar Line HLC Candlestick
    Point & Figure
    Equivolume Premium
    Others Market Profile Kagi, Heikin Ashi, Renko, Line Break Heiken Ashi Heiken Ashi Market Profile Market Profile
    Indicators
    Bollinger Bands
    Directional Movement
    Ichimoku Cloud
    MACD
    Momentum
    Money Flow
    Moving Averages
    Parabolic SAR
    Rate of Change
    Relative Strength / RSI
    Stochastics
    Volume at Price ✔ Raindrops
    Custom Indicator Development Coming Soon
    Volume
    Darvas Box Probability Box X
    Elliot Wave Gann Swing X
    Total Number of Indicators 300+ 160+ 57+ 240+ 400+ 520+ 145 104 11 22 154 32 18 19
    Drawing Tools
    Trend Lines
    Fibonacci Retracement ✔ + AutoFib
    Fibonacci Time
    Fibonacci Fan
    Text Overlay
    Pitchfork Coming Soon
    Error Channel
    Gann Grid/Line
    Gann Fan
    Quadrant Lines
    Speed Lines
    Automated Alerts
    Advanced Features (New)
    Dynamic Alerts on Indicators/Trendlines
    Automated Trend Lines
    Multi Time-Frame Analysis
    Automated Fibonacci
    Technical Analysis Score 10 10 10 10 10 9 9 9 8 7 6 6 4 4

    Stock Market Software Review – Technical Analysis Charts & Indicators – Table 5

    Best Stock Market Prediction Software, Backtesting, Forecasting + AI Trading

    • MetaStock: Simply the Best Market Prediction, Forecasting & Backtesting Suite on the Retail Market Today
    • TradingView: Powered by Pine Script you can Create Any Backtesting System You Can Imagine
    • TrendSpider: Best for using AI to Detect Patterns Which You Can Easily Backtest.

    There is a big contrast between the competition in this round, with 1 clear winner MetaStock with its excellent forecasting functionality. The difference in ratings is largely down to whether you need Robotic Trade Automation and Execution.

    However, TradeStation does have robotic automation possibilities and is worthy of consideration. Also notable, although not a clear winner is NinjaTrader who also specializes in automation.

    1. MetaStock Backtesting & Forecasting — Score 10/10

    Another area where MetaStock excels is what they call the expert advisors.

    MetaStock harnesses a huge number of inbuilt systems that will help you as a beginner or intermediate trader understand and profit from technical analysis patterns and well-researched systems. You can even use artificial intelligence like functionality to test a set of variables within your backtesting. You could for example test if price moves above the moving average 10,11,12,14,16,18 or 20, in a single test to see which of the moving averages best work with that stock. We have a great video on this in the MetaStock detailed Review.

    This is really a key area of advantage. Also, the newest and most innovative addition to the MetaStock arsenal is the forecasting functionality which sets it apart from the crowd. Being able to forecast forward is unique and you can also set and test the parameters of the forecasting.

    MetaStock Forecaster Capability

    The biggest addition to the MetaStock arsenal is the forecasting functionality which sets it apart from the crowd. By selecting Forecaster from the power console, you can simply select one or more stocks, ETF’s or Forex pairs and click forecast.

    The Wonderful MetaStock Forecasting Tool

    You are then presented with an interactive report which enables you to scan through the many predictive recognizers which help you understand the basis for the prediction and the methodology.

    2. TradingView Strategy Tester & Backtesting — Score 10/10

    TradingView has an active community of people developing and selling stock analysis systems and you can create and sell your own with the Premium level service. Also, there are a huge number of indicators and systems from the community for free.

    They have implemented backtesting in a very simple and intuitive way. In the image below I have implemented an in-built strategy called “Slow Stochastics” which initiates a trade when the stochastics indicators are oversold and sells when stochastics is overbought.

    What I like is the fact that in a few clicks (Strategy Tester -> Add Strategy] you have results. You can also tweak the parameters of the strategy, as you can see above, and observe the results. Reporting is good, the tabs show you the profit performance of the strategy.

    TradingView Backtesting Reporting:

    • Net Profit
    • Drawdown
    • Buy & Hold Return
    • % Profitable Trades
    • Number of Trades
    • Charts on trade performance, and much more.

    I have even implemented my Stock Market Crash Detector strategy into TradingView. I am not a developer, but the Pine Script language is so easy anyone can do it.

    Market Replay

    TradingView also has a market replay functionality which enables you to play through the timeline and shows you the chart scrolling and the trades executed, it is so simple and yet powerful to use. All buy and sell orders are drawn on the chart and highlighted. All in all, a great package and the backtesting is actually included in the free version.

    The only things you cannot do is forecast and implement Robotic Trading Automation, but that is typically what broker integrated backtesting tools perform.

    3. TrendSpider — Score 8/10

    TrendSpider takes a different approach to backtesting. Because the platform is built from the ground up to be able to automatically detect trend-lines and Fibonacci patterns, it already has an element of backtesting built into the code.

    The highest probability trend-lines are automatically flagged and you can adjust the sensitivity of the algorithm that controls the detection, so show more or fewer lines.

    TrendSpider BackTesting Entry & Exit Point Chart

    Adding to this, they have implemented a strategy tester that allows you to freely type what you want to test and it will do the coding for you. It is a slick and simple implementation which had me up and running in minutes. One of the elements I really like is the ability to adjust your backtest conditions on the fly and the “Price Behaviour Explorer” and “System Performance Chart” automatically update. You can jump into coding if you want to, but the key here is that you do not HAVE to.

    4. Optuma — Score 8/10

    Optuma is also featured in this section as a leader in the stock systems and backtesting arena.

    Optuma has a well-implemented backtesting and system analysis toolset. Best in class up there with MetaStock, QuantShare, and NijaTrader as the industry leaders, but unlike the others, you do not need a Ph.D. in mathematics to set up and test your system.

    The quality of the backtesting and advanced statistical analysis is due to the fact the CEO Mathew Verdouw and many of the development team are certified Chartered Market Technicians (CMT) and Certified Financial Technicians (CFTe) like myself. So the quality of the testing tools is first class.

    Comparison Table: Stock Prediction Software, Backtesting, Forecasting + AI Trading

    Systems & Backtesting
    System Marketplace
    Create Customizable Systems
    Back Testing Point & Click
    Back Testing Programmatic
    Forecasting (new)
    Automated Trendline Detection & Backtesting (New)
    Robotic Trading (new)
    Systems & BackTesting Score 10 9 8 8 8 8 8 7 4 4 5 5 5 5

    Stock Market Software Review – Systems & Backtesting – Table 6

    The Best Online Stock Trading Software for Beginners

    • TradingView — Easy to use for beginners, intuitive and a huge social community to help.
    • Stock Rover — For Beginners to Value Investing Simply the Easiest & Most Powerful Stock Screener & Portfolio Management Software
    • TC2000 — After Installation, TC2000’s in Build Template Gets Beginners Up & Running Quickly
    • TrendSpider — One Click & It Works, A Smooth Clean Interface & Good Support Ensures a Good Experience
    • EquityFeed — A Slick & Easy To Use Interface

    Beginners need software that is intuitive and easy to use. There are big differences in the user experience between the different analysis software packages. While we have two clear winners in this section, I need to mention that TradeStation, EquityFeed, and Optuma are all excellent in this area. Optuma only scores lower because you will need a very powerful machine to run it well, so you need to invest in extra hardware.

    1. TradingView — Score 20/20

    TradingView is up and running with a single click due to its cloud-based HTML5 architecture. Click on the TradingView logo on the left and it will be instantly running. It does not get easier than that.

    Even better is the fact it is already configured for use. All controls are intuitive and the charts look amazing. It is quite a feat that it is so easy to use considering TradingView has so many data feeds and backend power.

    2. Stock Rover — Score 20/20

    Within 15 minutes I was using Stock Rover no installation required and no configuring data feeds, it was literally just there. Stock Rover is up and running with a single click of the login button.

    Even better is the fact it there are so many curated screeners and portfolios to import and use you are instantly being productive. It is quite a feat that it is so easy to use considering Stock Rover has so many powerful scoring and analysis systems.

    3. TC2000 — Score 18/20

    TC2000 is easy to use and yet very powerful. The interface design strikes the right balance between looking great and being instantly useful.

    A heavy focus on watchlist management, flagging stocks, making notes and powerful scanning make is easy to use and master. The software setup is completed in a few minutes, but it also runs perfectly across devices.

    4. TrendSpider — Score 18/20

    Trendspider is also an HTML5 application, which means it works on any connected device, requires zero installation, zero data stream or data download configuration. This appeals to me a lot because with a single click you are up and running. Also, considering the complexity of the automatic calculations, the application runs swiftly taking just a few seconds to complete an entire analysis.

    5. EquityFeed — 18/20

    Finally, the last winner in this section is EquityFeed. After installation, this software is so intuitive to use you will waste no time getting stuck into research and wielding the excellent news service they offer. This has been a big improvement over the last few years.

    Comparison Table: Best Software for Beginners

    Setup & Usability
    Software Setup 10 10 9 10 9 9 8 7 5 5 5 5 5 5
    Ease of Use Score 10 10 10 8 9 6 8 8 7 6 6 5 5 5
    Total Points 20 20 19 18 18 16 16 15 12 11 11 10 10 10

    Stock Market Software Review – Usability – Table 7

    Summary: Top 5 Best Stock Analysis Software Platforms

    1. TradingView — best for a great price, insanely good Fundamental & Technical Analysis across the global markets with stunning social integration and the best ease of use. Visit Tradingview
    2. MetaStock — best for traders, excellent real-time news, a huge stock systems market and powerful technical analysis with global data coverage & backtesting & forecasting ability. Visit MetaStock
    3. TrendSpider — best for all traders wanting cutting edge AI, auto trend line pattern recognition, system backtesting all at a great price. Visit TrendSpider
    4. TC2000 — best for U.S.A. & Canada investors who need powerful real-time fundamental screening and excellent trading from charts. Visit TC2000
    5. Stock Rover — best for U.S.A. & Canada Income & Value investors wanting the very best stock screening & scanning. Fair Value, Margin of Safety and the most complete set of ratings, the perfect choice for long-term investors. Visit Stock Rover

    This list is the software with the most powerful technical chart analysis, indicators, charts, and studies.

    The Best Stock Trading Software Based on Your Style of Investing

    Click your investing style below to jump to the charting software that best meets your needs:

    • Income & Value Investors U.S. & Canada looking for the very best stock screener to uncover Fair Value & Margin of Safety metrics, a value investors perfect toolset.
    • Mid to Long-Term Investors U.S: & Canada looking for a great price, and great fundamental screening and technical charting
    • Short to Long-Term Investors: Best Software for Short-Term & Long-Term Traders who value price, insanely good Fundamental & Technical Analysis with stunning social integration and including cryptocurrency and futures trading.
    • Day Traders & Investors: Those who need the best real-time news, access to a huge stock systems marketplace and powerful technical analysis with global data coverage all backed up with excellent customer services.
    • Day Traders & Swing Traders: Wanting a super simple and slick workflow, real-time streaming charts & news and unique Level II data, Dollar Volume Information & excellent broker integration for trading from charts
    • Money Market Traders: FX, Bonds, and Cryptocurrency Traders — See also Top 6 Most Trusted CFD & FX Brokers Review
    • Quants & Scalpers using Automation: Best Analysis Software for Backtesting, Robotic Trading & Scalping
    • Professional Technical Analysts & Institutional Traders: Best Trading Software for PRO’s wanting exceptional statistical analysis & backtesting with First Class workflow and Customer Support including Bloomberg integration
    • Traders looking for Automation in Technical Chart Analysis: Trend Line Automation, Multi Time-Frame Analysis — Advanced A.I. Machine Learning

    Runners Up Review Summaries

    6. Optuma by Market Analyst

    Recommended for professional frequent trading investors, who value a slick touch-enabled interface that operates well with Bloomberg feeds and terminals adding premium features and the best Gann Analysis toolset on the market.

    Price — Software from $82 per month Pro’s Cons
    Trade Commissions — see Broker rates ★ Great Technical Analysis ✘ Pricing Targeting Professional Investors
    Rating ★★★★ ★ Good Broker Integration ✘ Social
    Special Deal — N/A ★ High-Quality Back-testing
    Visit Optuma ★ Great Customer Satisfaction

    Optuma has been in the market for almost 20 years and they cater to individual investors as well as to fund managers

    Pricing and Software 10/10 — Optuma is at the top end when it comes to price and you will need a powerful PC to run it, but with IQFeed, GFT and MT4 data integration’s, great customer services and the full range of instruments covered (Stocks, EFTs, Mutual Funds, Options, Futures, FOREX, Bonds) for the premium price you get the premium package.

    Breakthrough Astrological Charts with Optuma

    Trade Management 8/10 — While you have the ability to place trades from charts, Optuma does have a full suite of broker integrations.

    Fundamental Scanning and Screening 10/10 — A perfect 10 for fundamental screening for Optuma. A well thought out real-time scanning and filtering engine and the fundamental watchlists are well implemented

    News & Social — 8/10 —If you can afford or have a Bloomberg feed then you will get the top end real-time market data you need.

    Technical Analysis 10/10 — Another perfect 10 for Optuma. A fantastic array of technical indicators and drawing tools. Specializing in Gann tools with a full suite including Gann Grid Lines, Gann Fans, and Gann Swing.

    Also included are Elliott Wave and Darvas Box, the full set of exotic indicators are present. To top it off they have also implemented an excellent astrological analysis suite as an upgrade for those of you who believe in that sort of thing, yes commodity traders I am talking about you :).

    Stock Systems and Back Testing 8/10 — Optuma has back-testing well covered also, with a well-implemented backtesting and system analysis toolset. Best in class up there with MetaStock, QuantShare, and NijaTrader as the industry leaders, but unlike the others, you do not need a Ph.D. in mathematics to set up and test your system.

    Ease Of Use 10/20 — Optuma requires a high-end PC workstation to function at speed, but if you are a PRO trader this is not a problem. The interface, the shortcuts, the whole thought process implemented into Optuma does warrant this good score in an important section. They also have an extensive video training library which is very valuable to the new customer.

    7. EquityFeed

    Recommended for Day Traders, who want a super simple and slick workflow, real-time streaming charts & news and unique Level II data, Dollar Volume Information & excellent broker integration

    Price — Software $135 per month Pro’s Cons
    Trade Commissions — See Brokers ★ Great Off The Shelf Stock Screening ✘ Pricey
    Rating ★★★★ ★ Intelligent Real-Time News
    Special Deal — None ★ Great Ease Of Use
    Open An Account ★ Great Suite Of Broker Integrations

    With their slogan “Find It, Trade It, Profit” EquityFeed is considered a gold standard for Day Traders.

    Pricing & Software — 9/10 — EquityFeed specializes in providing real-time data and fast news directly to your screen. With a medium price point, it is neither cheap nor expensive, but you do get a lot for your money as you can explore in the detailed EquityFeed review. Data speeds are excellent and it has excellent U.S. data coverage including extensive Over The Counter markets (OTC:BB, OTCQX, OTCQB, OTCPINK, GREY)

    Trade Management — 10/10 — EquityFeed has introduced the “Chart Montage” functionality, which enables an ultrapowerful way of trading off the charts.

    This single window contains a wealth of critical trading information, including real-time streaming news, level 2 data, including time and sales. Also, Equity Feed is the only software to offer Dollar Volume data.

    The EquityFeed team has a fantastic set of integrations to your broker to enable trading from the charts, which includes TD Ameritrade and Interactive Brokers two of the powerhouses of the brokerage world.

    Fundamental Scanning & Screening — 9/10 — EquityFeed contains many fundamental screens. But what is the key for days traders? The ability to scan entire markets for liquidity and volume patterns to find volatility you can trade for a profit. This is the EquityFeed unique offering.

    News — 9/10 — A top placing and definitely worth mentioning this year is the deal news section in EquityFeed.

    I really like the simple implementation, you can get the low down on contracts and deals struck between companies. This can give you an edge if you can quantify the impact of the deal on the companies bottom line.

    EquityFeed also has a strong focus on news, but it is let down by having no social integration.

    Technical Analysis 8/10 — In third place in this round, EquityFeed does not offer as many chart patterns or chart indicators as it’s competitors, but it does not have to. Most people will only use 5% of the indicators available, and fortunately, EquityFeed covers all the important ones. The power here is in the technical analysis screening, which is very fast, seamless and powerful.

    Stock Systems & Back Testing — 4/10 — EquityFeed is not designed for extensive backtesting, but it is designed to help you streamline your day trading system. Plenty of off the shelf technical and liquidity scans greet you on opening the program. The great thing is they all operate in real-time so they continue to update.

    Ease of Use 18/20 — In the development process EquityFeed have opted to keep everything on the surface super simple and intuitive to use. However, don’t be fooled by the simple interface, there is real power underneath the main screen, which in a few clicks you will be viewing Level II liquidity data and buying directly from the charts.

    I have been extremely impressed with the progress EquityFeed is making in their product and carving out their Day Trader niche.

    8. QuantShare

    Recommended for Quantitative Analysts who develop powerful automated systems and value a huge selection of shared user-generated systems and powerful technical analysis tools.

    Price — Software $245 One Time Pro’s Cons
    Trade Commissions — See Broker ★ Perfect For Quants Wanting To Automate Trading ✘ Programming Knowledge Required
    Rating ★★★★ ★ Sharing Servers For System Sharing ✘ Interface
    ★ Active Community
    Open An Account ★ Very Good Back-Testing

    QuantShare was new to me and I was pleasantly surprised with the feature set.

    Pricing and Software 9/10 — An extremely cost-effective solution with one-off pricing available.

    Trade Management 8/10 — QuantShare scores well in this round, enabling a selection of broker integrations to automate trade management.

    Fundamental Scanning and Screening 9/10 — There is certainly a huge selection of fundamentals to be able to scan against, the usability could be improved. Watch-lists can be tricky to set up. Further development is required here.

    News & Social 7/10 — Including news and the StockTwits integration save the day here for QuantShare, the news is not real-time but certainly does add value.

    There is a heavy focus on the sharing aspect of systems with sharing servers which enable people to connect and share systems, perfect for the quantitative analyst.

    Technical Analysis 9/10 — With the largest selection of technical indicators to choose from (520+) this package leads the way in the chart analysis stakes.

    Stock Systems and Back Testing 10/10 — QuantShare specializes, as the name suggests, in allowing quantitative analysts the ability to share stock systems.

    This means they have a huge systems marketplace with a lot of accessible content that you can test and use.

    If you have a programmatic mind you can implement and test an endless list of possibilities. They do also offer Point & Click implementation of systems also. What is great is they also have Artificial Intelligence integrations via the AI Optimizer, which allows for the system to combine different rules to see which rules work best together.

    They also have powerful prediction models using Neural Networks.

    This is seriously advanced software for those with the inclination to test, forecast, predict and automate.

    Ease Of Use 12/20 — This software package is not the easiest to use and the interface requires serious development effort. The learning curve will take a time investment on your part.

    So now it’s over to you, did you find this review useful, do you agree or disagree, have you found better software to be included in the review?

    Let us know, leave a comment below or share it with friends.

    Notes on the Review: Liberated Stock Trader partners with the best companies in the investing business. See our Partners Page for more information.

    38 COMMENTS

    I like IB’s platform. Not really a fan of Tradestation, as its platform feels a bit old and clunky.

    Hi Barry-I just signed up for the 30 day trial for TradingView Pro+ and found that they don’t provide forward PEs. Probably one of the most important fundamental indicators used to evaluate a company. Any idea why they wouldn’t provide that – or do they and I just can’t find it? Also, what do you think about StockRover? No realtime data feed so not optimal

    you are correct I took a look and tradingview does not have a Forward P/E, I raised the topic for you on the forum, perhaps we get a reply. Regarding Stock Rover, I have never heard of it before, perhaps I will include it in a future review. Thanks for your comment.

    I want to stock scanner software

    Barry-thought Vector Vest would have scored higher in most areas, their ranking system is so simple & efficient. Will def. look at tradingview and tc2000, any input would be appreciated.-Eric

    Hi Eric, good question. I know Vectorvest has its fans, but based on the criteria of the testing, technical analysis, access to markets, backtesting, forecasting, social.. it did not score too well. What are your experiences of the signals from VectorVest, do you make money based on its recommendations? I would be interested to hear from you.

    Hi Barry appreciate the extensive detail you went into. What initially brought me here is I’m seeking quality equivolume charts. I see you’ve got tradingview listed as a possibility. They’re my main source for charting and would love to use equivolume on their platform. Unfortunately I haven’t been able to find anything about it on their main site. Do you know where to direct to me to or have other recommendations for equivolume charts? Metastock definitely looks interesting. Looking for crypto support though.

    May be too much of an ask for equivolume AND crypto. Still would greatly appreciate any input on the situation.
    Thanks, Dylan

    Hi Dylan, thanks. From the vendors I reviewed, Equivolume is available in tradingview premium, metastock and quantshare. I studied equivolume but never found a great use for it as it makes it impossible to draw trend-lines because the bars change width. I guess you have a nice system based on it. �� Best of luck with your trading. Let me know how you get on.
    Barry

    Great job Barry on these!! Well done, 5 Stars for you!! ��

    Thanks Joseph, I am glad you like it ��

    Barry, amazing analysis! Which provider or platform you would recommend for automated robot of mechanical trading system developed by me ? Thank you

    Have you heard of or reviewed “DSS Smart Equities Program” trading software?

    Hi Ed, no I have not. Let me take a look in the next round of reviews.

    thanks for the comment

    Hey, really cool article.
    I was just wondering though how Ninjatrader compares to Metastock in terms of automated trading.
    Also, what do you think is the most comfy automated trading platform?

    Oh yeah, and there’s no MetaTrader there, is it depreciated or something?

    Hi Anton, we have Metatrader covered in this review, as it is mostly provided free when you sign up with a broker.
    https://www.liberatedstocktrader.com/best-metatrader-brokers-mt4-mt5/
    Barry

    Hi Anton, thanks for the comment. Ninjatrader does have automated trading, Metastock does not.
    https://www.liberatedstocktrader.com/top-10-best-stock-market-analysis-software-review/#Comparison_Table_Stock_Prediction_Software_Backtesting_Forecasting_AI_Trading
    The 2 options you have for fully automated trading are Ninjatrader and Tradestation.
    Barry

    Which software is better for the country like India, Bangladesh, Pakistan, Nepal here the need of trading software is growing?

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