Trading stocks, currencies and cryptocurrencies can be a complex task for any investor. With so many options available, it can be difficult to decide which platform is best for your needs. Two of the most popular platforms are Finviz and TradingView, both of which offer easy-to-use filters and a variety of scan filters. But which one is right for you? In this article, we'll take a look at the features and costs of both Finviz and TradingView to help you make an informed decision.
We'll also discuss the differences between the two platforms and how they can help you find trading opportunities. So let's get started!Finviz is a comprehensive market information platform that provides users with a complete view of the market through a variety of functions, including stock analysis, heat maps, news and more. The free stock analysis software, TradingView Basic, is quite robust and offers graphics and screens with real-time data. Finviz also has a fairly large indicator library, but the charts are much less interactive compared to those of TradingView, one of the main consequences of the fact that Finviz has only received minor updates since its launch. The paid version of Finviz Elite allows twice as many pre-set scans and the possibility of further customizing filters, exporting screen data and customizing the Finviz design. That said, Finviz offers more tracking than TradingView at both a free and comparable paid level.
TradingView
TradingView is another popular platform for trading stocks, currencies and cryptocurrencies.Like Finviz, it offers operators a choice of multiple scan filters, organized by category: descriptive, financial and technical. It also allows you to track bond interest rates. The TradingView stock analyzer has several more filter options than the Finviz analyzer, but, like Finviz, the filters offered are quite basic. However, TradingView has different strengths when it comes to finding trading opportunities. Finviz and TradingView are broadly comparable in terms of price, although TradingView offers several subscription levels. Another important difference between the two platforms is that TradingView allows you to connect a brokerage account to trade directly from its charts, while Finviz does not support broker integrations.
Which Platform Is Right For You?
If you're looking for a comprehensive platform that can manage charting, evaluation and the generation of trading ideas, you've probably come across both Finviz and TradingView.Both offer powerful tools for trading stocks, currencies and cryptocurrencies. But which one is right for you?When it comes to features and costs, both platforms are broadly comparable. However, there are some key differences between them that may make one more suitable than the other for your needs. For example, TradingView allows you to connect a brokerage account to trade directly from its charts while Finviz does not support broker integrations. TradingView also offers several subscription levels while Finviz only starts to approach the amount provided by TradingView when it uses its most expensive plan. Ultimately, it's up to you to decide which platform is best for your needs.
Consider your budget and what features are most important to you before making your decision.