It’s important to carefully consider some factors when choosing the best Screeners for your needs in trading. Compare the available screening options, Features, functionality, data accuracy, and ease of use. With the guidance provided by our Comparison review of the Top screeners on the website trading critique, you can choose the best Screeners by adhering to these steps and taking into account your unique trading requirements.
Introduction to Stock Screeners: An Overview
The term “Screeners” in trading refers to instruments or software programs that help traders and investors sort through and filter vast amounts of financial data to pinpoint particular stocks or securities that satisfy their predetermined criteria.
Top Stock Screener Ranking
To find the screener that best meets your needs, it is always advised to investigate and assess various Screeners.
Zacks Investment Research
A top-notch tool for finding the ideal stocks for your investment strategy is the Zacks Stock Screener. This company offers professional investors financial data and analysis to aid in making smarter investment choices. The wide range of consensus earnings-per-share (EPS) forecasts offered by Zacks is probably what makes it most well-known.
The details of the following membership plan are taken directly from the Zacks website:
Table 1: Membership plan of Zacks Stock Screener
| Membership Plan | Zacks Premium | Zacks Investor Collection | Zacks Ultimate |
|---|---|---|---|
| Pricing | $249 | $495 / year or $59 / month | $2995 / year or $299/ month |
The Merits and De-Merits of Zacks Investment Research’s screener are summarised in the following table:
Table 2: Merits & Demerits of Zacks Stock Screener
 Merits |  De-Merits |
|---|---|
| Extensive research coverage Focus on earnings estimates Powerful stock screening tools Offers various investment strategies | Subscription cost Subjectivity in ratings Limited coverage Emphasis on shorter-term market timing |
Seeking Alpha
Seeking Alpha is a well-known online platform that offers investment research, analysis, and news. Although Seeking Alpha is best known for its vast collection of articles written by authors with a variety of perspectives, it also provides a stock screener tool to help users locate potential investment opportunities.
The details of the following membership plan are taken directly from the Seeking Alpha website:
Table 3: Membership plan of Seeking Alpha Screener
| Membership Plan | Free | Premium | Pro |
|---|---|---|---|
| Pricing | Free | $239 / year | $2400 / year |
The Merits and De-Merits of Seeking Alpha’s screener are summarised in the following table:
Table 4: Merits & Demerits of Seeking Alpha Screener
| Merits | De-Merits |
|---|---|
| Extensive library of articles and analysis Diverse range of contributors Community-driven insights and perspectives Timely market news and updates Coverage of various markets and sectors | Overwhelming amount of content to navigate User-generated content may lack credibility Free content may have limited access Limited control over contributor accuracy Quality of content can vary |
Stock Rover
Stock Rover is a potent stock research and analysis platform that equips traders and investors with the information they need to make wise choices. Stock Rover provides a complete solution for those looking for in-depth stock analysis and research with its comprehensive data, customizable screening capabilities, cutting-edge Charting tools, and portfolio management Features. Users have the option to save their screening criteria for later use, which makes it simple to track and assess stocks continuously.
The details of the following membership plan are taken directly from the Stock Rover website:
Table 5: Membership plan of Stock Rover Screener
| Membership Plan | Essentials | Premium | Pro |
|---|---|---|---|
| Pricing | $7.99/month | $17.99/month | $27.99/month |
| $79.99/year | $179.99/year | $279.99/year | |
| $139.99/2 year | $319.99/2 year | $479.99/2 year |
The Merits and De-Merits of Stock Rover’s screener are summarised in the following table:
Table 6: Merits & Demerits of Stock Rover Screener
| Merits | De-Merits |
|---|---|
| Extensive data coverage Advanced portfolio management tools Customizable dashboards and watchlists Powerful screening and filtering capabilities Comprehensive stock research and analysis | Lack of real-time market data in lower tier plans Limited integration with certain brokerage firms’ Higher subscription costs for advanced Features Limited options for technical analysis Learning curve for new users |
Trade Ideas
Trade Ideas is a top supplier of cutting-edge market intelligence and stock Scanning tools for active traders and investors. The platform scans and analyses thousands of stocks in real-time using sophisticated algorithms and artificial intelligence, Users of Trade Ideas can create and customize their scans in addition to using pre-built scans and trading strategies created by experienced traders.
The details of the following membership plan are taken directly from the Trade Ideas website:
Table 7: Membership Plan of Trade Ideas Screener
| Membership Plan | Standard | Premium |
|---|---|---|
| Pricing | $999 / year | $1999 / year |
| $84/Month | $167/Month |
The Merits and De-Merits of Trade Ideas’ screener are summarised in the following table:
Table 8: Merits & Demerits of Trade Ideas Screener
| Merits | De-Merits |
|---|---|
| Community-driven idea sharing Integrated Charting and Technical analysis Customizable scans and filters Advanced algorithms and AI-driven suggestions Real-time stock Scanning and screening | Premium Features may require additional costs Limited Fundamental analysis capabilities Overwhelming amount of data and options Steeper learning curve for new users’ Higher subscription costs for premium Features |
Benzinga Pro
Users can browse analyst ratings, get stock alerts, and more with Benzinga Pro, a cloud-based trading platform. It is a top-notch News and research platform for the financial industry created to meet the demands of traders, investors, and financial experts. The platform compiles news from various sources and presents it in a compressed clear format. Users can focus their news feed on certain industries, businesses, or interesting market events.
The details of the following membership plan are taken directly from the Benzinga Pro website:
Table 9: Membership plan of Benzinga Pro Screener
| Membership Plan | Basic | Essential | Options Mentorship |
|---|---|---|---|
| Pricing | $27 /month | $197 /month | $457/month |
The Merits and De-Merits of Benzinga Pro’s screener are summarised in the following table:
Table 10: Merits & Demerits of Benzinga Pro Screener
| Merits | De-Merits |
|---|---|
| Audio news and live market commentary Integration with popular brokerage accounts Customizable news feed and alerts Real-time market news and updates Extensive financial news and analysis | Overwhelming amount of information to navigate Premium Features may require additional costs Subjectivity and quality of some news articles Limited coverage for certain markets or sectors Higher subscription costs for premium Features |
TradingView
TradingView is a well-known web-based investing and trading platform that provides a wealth of tools and Features for Technical analysis, charting, and social collaboration. Users can analyze indicators, price changes, and other technical Features of cryptocurrencies, stocks, forex, and other financial assets using a wide variety of chart types and drawing tools offered by the platform. Users can also customize and save chart layouts. TradingView provides a sizable library of integrated technical overlays and indicators.
The details of the following membership plan are taken directly from the TradingView website:
Table 11: Membership plan of TradingView Screener
| Membership Plan | Basic | Pro | Pro+ | Premium | Ultimate |
|---|---|---|---|---|---|
| Pricing | Free | ₹ 1,295/ month | ₹ 2,495/ month | ₹ 4,995/ month | ₹ 39,995/ month |
The Merits and De-Merits of TradingView ‘s screener are summarised in the following table:
Table 12: Merits & Demerits of TradingView Screener
| Merits | De-Merits |
|---|---|
| Integration with various brokerages Community-driven idea sharing Access to a wide range of markets Comprehensive Charting capabilities User-friendly interface | Some Features may require additional costs Steeper learning curve for new users Limited data coverage for certain markets Limited Fundamental analysis capabilities Some advanced Features are limited to paid plans |
TC2000
The Charting and Technical analysis platform TC2000 was created with traders and investors in mind. Users can track options, stocks, and other financial instruments using the real-time and archived market data offered by TC2000. Users can design unique scans and filters based on particular parameters like volume, price, fundamental variables, and technical indicators. This makes it possible for users to find stocks that suit their preferences for trading or investing.
The details of the following membership plan are taken directly from the TC2000 website:
Table 13: Membership plan of TC2000Screener
| Membership Plan | Silver | Gold | Platinum |
|---|---|---|---|
| Pricing | $7.49/month | $22.49/month | $44.99/month |
| $8.32/month (annually) | $24.99/ month (annually) | $49.99/ month (annually) | |
| $7.49/ month (Bi-annually) | $22.49/ month (Bi-annually) | $44.99/ month (Bi-annually) |
The Merits and De-Merits of TC2000 ‘s screener are summarized in the following table:
Table 14: Merits & Demerits of TC2000Screener
| Merits | De-Merits |
|---|---|
| Integration with popular brokerage accounts Portfolio management and tracking capabilities Real-time and historical market data Customizable scans and filtering capabilities Tools for Technical analysis and advanced charting | Mobile app may have limited Features and usability Limited integration with certain brokerages Higher subscription costs for advanced Features Limited options for Fundamental analysis Learning curve for Beginners |
TD Ameritrade
TD Ameritrade’s Stock Hacker real-time stock scanner, accessible through the thinkorswim trading platform, is a great option. Because it offers free real-time streaming stock quotes. Thinkorswim has a full feature set that is integrated right into it, allowing you to act quickly on your screens and to quickly access dozens of other Trading tools.
The details of the following membership plan are taken directly from the TD Ameritrade website:
Table 15: Membership plan of TD Ameritrade Screener
| Membership Plan | TD Ameritrade Basic |
|---|---|
| Pricing | Free |
Table 16: Merits & Demerits of TD Ameritrade Screener
| Merits | De-Merits |
|---|---|
| Availability of Educational resources and supportIntegration with other TD Ameritrade toolsUser-friendly interfaceAccess to real-time market dataIntegration with TD Ameritrade brokerage account | Basic screening Features compared to specialized toolsLimited coverage for certain international marketsLimited customization options for screening criteriaLimited advanced Technical analysis capabilitiesPotential dependency on TD Ameritrade’s services |
Features of Popular Stock Screeners
Here is a table comparing the Features of some popular Stock screeners:
Table 17: Comparison of Features of top Stock screeners
| Stock Screener | Zacks Investment Research | Seeking Alpha | Stock Rover | Trade Ideas | Benzinga Pro | TradingView | TC2000 | TD Ameritrade |
|---|---|---|---|---|---|---|---|---|
| Data Coverage | US Stocks | Global | Global | US & Global | US & Global | Global | US & Canada | US Stocks |
| Fundamental analysis | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Technical analysis | Yes | Limited | Yes | Yes | Yes | Yes | Yes | Yes |
| Screening Criteria | Extensive | Limited | Extensive | Extensive | Extensive | Extensive | Extensive | Extensive |
| Customizable filters | Yes | Limited | Yes | Yes | Yes | Yes | Yes | Yes |
| Real-time data | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Alerts/Notifications | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Charting tools | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| News and research | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Pricing | Subscription | Free/Premium | Subscription | Subscription | Subscription | Free/Premium | Subscription | Free |
In a Nutshell
Frequently Asked Questions – Stock Screeners
1. What are stock screeners?
1. What are stock screeners?Stock screeners are devices or computer programs that help traders and investors filter and reduce a large universe of stocks based on predetermined criteria.
2. Do Seeking Alpha’s Mobile apps exist?
Yes, Seeking Alpha offers apps for iOS and Android phones and tablets.
3. Are there various Stock Rover subscription plans available?
Yes, Stock Rover provides a variety of subscription packages to suit various needs and preferences.
4. Do you allow direct trading from the TD Ameritrade Screener?
The TD Ameritrade trading platform and TD Ameritrade Screener are integrated.
5. Is TC2000 capable of providing Real-time data?
Yes, the TC2000 platform provides Real-time data for stocks, indices, options, and other financial instruments.
6. Is it possible to use Seeking Alpha for free?
Seeking Alpha provides both free and paid subscriptions.
7. Can I communicate with other TradingView users?
A social community feature in TradingView allows users to communicate with other traders.
8. Trade Ideas: Is it suitable for swing trading or day trading?
Trade Ideas can be used for swing trading as well as day trading.
