Best Stock Screener Review 2018

A must-read for all investors now available! Have you ever wondered what is the best stock screener available right now? Or wanted to find the best free stock screener?

Here is the answer!

50 different stock screeners put through the endurance test.

Only a few of them are really good!

Find out which is the best online stock screener and the best stock scanner!

  • ​What are the advantages of a stock screener app as opposed to an online stock screener?
  • ​Which one is the best real time stock screener as opposed to those with delayed data?

Get a comprehensive overview of the best stock screening sites, recommended free stock screening tools and stock research tools.

Trade Ideas Artificial Intelligence Channel

A selection of the best stock screening tools  and the best stock scanners for you

Opening a broker account is done quickly. The first funds have been deposited – now all is ready for starting investing and/or day trading. But which stocks to buy and sell, and when? Stock screeners, stock scanners and charting tools facilitate making the best possible investment decision.

While the setup of these three different types of visualization tools varies slightly, they have one main purpose, namely simplifying trade decisions. Which one to use, and where, depends on the individual stock screening strategies.

But first let's take a closer look at the differences between stock screeners, stock scanners and charting tools.


Stock Screeners: Stock Screeners are very common tools, and often free. Stock Screeners provide investors with the opportunity to browse capital markets evaluated by fundamental criterias like Market Cap, EPS, Industries, Dividends or even technical criteria like Volumes, Moving Average Crosses, Candlestick Patterns.

Stock screeners are tools that use a database and display a list of results depending on the selected criteria.

The displayed results change only when the request is updated. So this is a more or less static query lacking a real-time component. Stock screeners are widely used for trading decisions based on end-of-day data.


2

Stock Scanners: The main difference from the stock screener is that a stock scanner works like a radar. Based on the previously defined criteria, the tool scans the capital markets in real time for matches.

A search algorithm might be set for „Show me all the stocks that are currently trading above $ 100, more than 100tsd today, up 5%, currently down 2% below the high and at the same time with a bullish candlestick within the 15 minute chart.

These sometimes highly complex queries are processed in real time, and the stocks displayed in real time in a list are only those that meets the previously defined criteria.

The backend of a stock scanner consist of not only a very extensive database of historical data, but also intelligent queries that compare the real-time data of thousands of assets with the selected criteria.

Stock scanners are frequently used by day traders who make their trade decisions based on movements within very small time frames.


3

Charting Tools: Charting tools are stock market tools with origins mainly in technical analysis. In the area of technical analysis, the focus is on making trade decisions based on visually identifiable parameters, like displaying four stocks on a monitor simultaneously and making decisions based on the visualized movements of the stock price.

Alternatively, a single share is often displayed in multiple time frames, as in a daily chart, again in the 60 minute chart, in the 15 minute chart and one for the final trading decision for market timing in the 1 minute chart.

The focus of a charting tool, as the name implies, is clearly in the visualization.

However, it‘s rare to find a pure example for any of the three categories, whether stock screener, stock scanner or charting tool. In most cases one finds a combination of several functions that are partly free and partly paid.

I spent more than a month researching every stock screener, stock scanner and every charting tool I could lay my hands on.

Despite more than 20 years of experience in financial markets so far I had not come across all of these tools. It's seems almost unbelievable – I came across more than 50 tools of this kind altogether!

And here is the result: I‘ll introduce you in detail to the 44 stock screeners, stock scanners and charting tools that reached a rating of at least 2/5 stars.


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Stock Screeners, Stock Scanners, Charting Tools - Rating 5/5​

Trade-Ideas.com

Trade Ideas Pro is not only the best stock screener and stock scanner but probably even the best stock screener for day trading and short term investors – altogether a top stock screener. Trade Ideas can be used as downloadable windows version or used browser based on any device.

My preferred stock screener and scanner offers many easy to handle features and functionalities that make it possible for traders to screen and scan the market, to identify the best trading setups and to develop the best trading strategies. And the very best of it: all this can be achieved without writing a single line of code. The tool is drag & drop based with input parameters for more than 500 filters and alerts.

Trade Ideas Stock Screener

Trade Ideas Stock Screener

Results can be streamed in lists or alerts. Automated Trading and Backtesting is supported and the Artificial Intelligence Channels scans the market in real time for best results.

In my opinion this is the most powerful real time trading analysis tools currently available in the market and the best stock screener app. It works perfectly for those who want to trade stocks, options and ETFs.

Various functionalities can be tested for free, their support is amazing, the pricing is fair and the refund policy commendable.

In 2017 I ​conducted an interview with Dan Mirkin, CEO and co-founder of Trader Ideas. Trade Ideas is very transparent about their company philosophy, the people running the company and about their products and services. Trade Ideas Pro is the perfect starting point for beginners, intermediates, pro traders and even institutions.

Functionalities at a glance:

  • ​Stock screener – free stock screening and basic functionalities
  • ​Stock scanner – real time scanner for more than 6,000 assets (stocks + options + ETFs)
  • ​Charting – various minute time frames as well as daily time frame
  • + lightning speed backtesting + unique Artificial Intelligence Channel + Automated Trading

Go on reading the full Trade Ideas Review to find out why Trade Ideas is the best stock screener (promo code included ► 15%-25% discount).

Rating: 5/5


Stock Screeners, Stock Scanners, Charting Tools ​- Rating 4/5

Quant-Investing.com

Have you come across Quant-Investing.com? They offer a stock screener you can use for more than 22,000 assets. You can scan thousands of stocks listed on all major stock exchanges. Investors can evaluate their own strategies for profitability, and Quant-Investing offers its users their best investment strategies that are well researched and intensively back tested.

Investors can scan for:

  • value and growth metrics,
  • ​smart beta and short term momentum
  • ​and much more.

It is possible to apply 4 filter layers to any of the 22,000 listed companies for best results. I recently conducted an interview with Tim du Toit, the founder of Quant Investing, where he explains his software in detail. After reading the interview you’ll know if Quant-Investing is the best choice for you.

Quant Investing

Quant Investing

Functionalities at a glance:

  • ​Stock screener – yes
  • ​Stock scanner – no real time update
  • ​Charting – no

The pricing ranges from €29.70 to €49.70 (they are located in Europe) and they have a refund policy for a full refund within the first 14 days.

Rating: 4/5


Investfly.com

Investfly is a company located in San Mateo, California. In 2017 I interviewed Subash Atreya, founder of Investfly. The interview offered many insights and details about Investflys stock screener and auto-trading tool.

Investfly allows investors to automate their strategies and trading using an advanced stock screener, to schedule alerts and to use the mobile app. They offer a wide range of features enabling customers to connect to their brokerage account for live trading.

One of the goals of Investfly, founded in 2014, is to make trading as simple as possible without the need to write code. Their key to success for their customers is running advanced stock screeners and providing price-alerts in real time.

Creating a new free scanner on their website is simple and completely intuitive.

investfly

investfly

Functionalities at a glance:

  • ​Stock screener – yes
  • ​Stock scanner – yes, but only with elite-version
  • ​Charting – no

Investfly offers a forever free standard version, a premium version at $19.99/month and an elite version at $49.99/month. Premium and elite subscriptions can be tested for free for one month via the free trial. 

Rating: 4/5


Finbox.io

Investors looking for a stock screener tool to research stocks by individually defined criteria might consider taking a look at finbox.io’s tool box. Finbox promises to provide unique data points and insights grounded in numbers. How they do that?

Finbox offers pre-built financial models, advanced fair value estimates, smart watchlists and last but not least a stock screener to enable users to find the next best investment. Results can be exported to Excel, Google Sheets etc. while professional users can program their requests using the finbox API that responds in JSON format. It is possible to use the tool with some sample companies like Apple, Facebook and Amazon.

There is a nice looking “about us” section on the website where you can read more about the co-founders Andy Pai, Brian Dentino and Matt Hogan. Finbox.io’s headquarters are in San Francisco, CA. I like the design and the content at finbox.io and will dedicate a separate review to their services. And I will try to coax the management into taking part in one of my interviews.

The stock screener offers lots of interesting filters – but most of them work only based on subscription which costs $1 for the first 30 days with unlimited access to the premium features and $39/month thereafter. One may also opt for the starter subscription which comes free but with limited features.

finbox.io

finbox.io

Functionalities at a glance:

  • ​Stock screener – yes
  • ​Stock scanner – yes
  • ​Charting – yes

This is definitely a tool long term oriented investors should take a closer look at. Day traders might consider taking a closer look at one of the best stock screeners for day trading.

Rating 4/5


TradingView.com

TradingView was initiated by traders and software developers who want to share their powerful and highly advanced trading tools with their users.

The platform gives traders of all levels the chance to benefit from the latest achievements of technology, from cloud computing and from interactive charts. All this is meant to improve users’ chances to trade successfully.

Another important features of this platform is the active community of traders who work and learn together, sharing trading ideas and experiences. 

The moderators are community members who earned enough confidence to act as volunteers answering users’ questions and offering useful advice. And then there are free, helpful services everyone may use, like free access to simulated trading sessions with virtual money to improve one’s skills without any risk.

Remember when I explained the difference between a stock screener, stock scanner and charing tool in the introduction?

In my opinion TradingViews focus is a bit to much on charting. Of course most people look just for this because they are still trading based on technical analysis and thus prefer a technical analysis stock screener. But then keep in mind that >90% of traders fail! That’s why TradingView is not one of my favorites.

In any case TradingView offers a 30-day free trial for you to find out if a rather technical screener like this one meets your needs before subscribing for real.

TradingView

TradingView

Functionalities at a glance:

  • ​Stock screener – Free EOD stock screening and basic functionalities with delayed data
  • ​Stock scanner – real time data feed available at extra costs, HTML5-platform
  • ​Charting – daily time frame charting for free, various minute time frames in payd version

TradingView is a good starting point for trading beginners with a limited budget and mediocre demands as far as the quality of real time data is concerned. You can set up alerts, watchlists, data windows, and save your ideas for later reference. For full information about this provider see my detailed TradingView Review​.

Rating: 4/5


Dividend.com

Investing in high dividend stocks is still one of the best long term investment strategies. And that’s exactly where dividend.com comes in. The dividend stock screener is just one of their tools.

The website is easy to navigate, adjusting filters and looking for the freely available scanners and tools. Anyway, the dividend screener is only one little tool dividend.com provides. And most of the content is locked unless you become a subscriber.

It is hard to tell the fair value of a subscription. But the good news here are, the subscription to dividend.com costs between $99 and $149 per year.

This sounds quite fair, as subscribers gain access to many cool tools like the best dividend stock list, DARS stock ratings (Dividend Advantage Rating System), watchlists, dividend portfolios and many more.

To name just one example: the best dividend stocks page shows you the stocks with the highest dividend yield along with additional metrics like price, yield, ex-dividend date and pay date.

Dividend Stock Screener - Dividend.com

Dividend Stock Screener - Dividend.com

Functionalities at a glance:

  • ​Stock screener – yes
  • ​Stock scanner – yes
  • ​Charting – yes

​This dividend stock screener and scanner tool is suitable for investors, not for speculators. The pricing is fair while lots of the information are available for free if you use the individual power of the stock screeners reviewed here.

Rating 4/5


Yahoo.com

Yahoo Finance is one of the best known stock screeners. Functionality is limited largely to stock screening and moderate charting. Yahoo Finance provides a nice API for investors with coding knowledge. The big plus of the service is that Yahoo Finance is completely free. This is an incredible choice for stock traders who are searching for a simple, free, fundamental stocks screener. Beside helping you to screen for stocks, it also screens funds and bonds using the same interface.

Yahoo Finance is a stock screener website that offers various pre-configured screens like strong forecast growth, largest market capitalization, daily gainers, top mutual funds and greatest sales revenue. Useful explanations are available for every screen providing the basic principles.

Yahoo Finance

Yahoo Finance

Functionalities at a glance:

  • ​Stock screener – free basic stock screening
  • ​Stock scanner – no real time scanner
  • ​Charting – yes, if you click on the respective asset

​Custom screens can be created when signing up to your free Yahoo account. The one notable disadvantage here is that you always have to click to refresh the scan or to show the chart of a specific asset. To sum it up, functionalities are good, the handling is a bit exhausting and the advertisements on the website are annoying. Nevertheless it’s a good starting point for beginners.

Rating: 4/5


TC2000.com

Scan, Chart, Trade stocks & options is one of the main headlines on their website. TC2000 is a good hybrid product offering cool trading technology software with lots of interesting features.

Subscriptions are available starting from $9.95/month up to $89.98/month. TC2000 does not promote a money back guarantee on their website.

The up to date website and new videos make a good first impression. This allows investors to take a closer look at the product before reaching a decision. Another plus is that TC2000 is being updated on a regular basis. Currently version 18 is available. The latest video is dated March, 23rd 2018, introducing TC2000 version 18 to customers and explaining the new features like multi-select-alerts, hotkey tickets, option contract scanning and so on.

TC2000 - Charting, Scanning, Trading

TC2000 - Charting, Scanning, Trading

Functionalities at a glance:

  • ​Stock screener – yes
  • ​Stock scanner – ​yes
  • ​Charting – yes

​TC2000 also offers the opportunity to open a brokerage account. I dedicated a separate, in-depth review to their products and services that may be found here: TC 2000 review.

Rating: 4/5


​eSignal.com

eSignal is a charting platform with a focus on providing day traders with a well-engineered trading software. The pricing of the platform subscription ranges between $50/month and $325/month. Yes, that’s right, you have to pay up to $325 Dollars per month to access the elite version.

One should know that the classic version ($50/month) comes only with delayed data and low functionalities. The average day trader usually does well with the signature subscription for $160/month but of course one should evaluate first if one really needs all those cool features eSignal provides.

The signature version does a good job for stock screening, stock scanning and real time charting. Please keep in mind that on top of the platform subscription you’ll have to subscribe to the exchange data, too. Without the exchange data you will not receive real time prices in eSignal.

I have used eSignal myself and had some success developing trading strategies and indicators. I wrote an extended eSignal review to give you more in-depth information about the products and services eSignal provides.

eSignal - Analyze, Strategize, Capitalize

eSignal - Analyze, Strategize, Capitalize

Functionalities at a glance:

  • ​Stock screener – yes
  • ​Stock scanner – ​yes
  • ​Charting – yes

​I like the fact, that eSignal keeps developing their product. They improve their software, implementing new features with each major release. The pricing is clearly within the premium segment and investors have to consider if they’ll win the invested money back. Besides, eSignal is mainly meant for day traders.

Rating: 4/5


VectorVest.com

VectorVest is a stock analysis and portfolio management software. The basic layer is VectorVest 7. For using VectorVest 7 you need a subscription ranging from $69/month for the end of day version up to $129/month for the real-time version. There are various plugin modules available, like the RoboTrader ($99/month), RealTime Derby ($99/month), Options Pro ($249/month) and some plugins available for a one time fee.

VectorVest is definitely meant for experienced users and is within the premium pricing segment. It’s an all-in-one solution with lots of functionalities.

VectorVest - Stock Analysis

VectorVest - Stock Analysis

Functionalities at a glance:

  • ​Stock screener – yes
  • ​Stock scanner – ​yes
  • ​Charting – yes

Due to the wealth of information available for VectorVest, I wrote a separate VectorVest Review about it.

Rating: 4/5


NinjaTrader.com

In my opinion NinjaTrader is one of the best tools for day trading beginners for a very simple reason. The free version of the NinjaTrader trading software comes with more features than anything else. And the data feed provided by kinetick.com as an end of day trader is included for free! Traders can code strategies, backtest strategies, use the charting, drawing tools  etc. - all for free.

There is only one major limitation. Investors who want to connect NinjaTrader to their brokerage account will have to buy or rent the software. But one may try NinjaTrader for months on end for free, no credit card required.

To give you a better understanding about the software, I wrote this ​NinjaTrader Review.

NinjaTrader | Chart - Build - Simulate - Trade

NinjaTrader | Chart - Build - Simulate - Trade

Functionalities at a glance:

  • ​Stock screener – yes
  • ​Stock scanner – ​yes
  • ​Charting – yes

​While NinjaTrader does not offer that much valuable data for fundamental traders, it definitely has many advantages for technical traders. It’s a stock screener, stock scanner and charting tool combined.

Rating: 4/5


EquityFeed.com

EquityFeed – A powerful stock trading software? It’s a platform made for active traders and day traders offering a free 14 days trial. Real time stock scanning including pre and post market hours with unlimited watchlists and customizable layouts are available. Besides, investors gain access to detailed fundamental data as well as Level 2 quotes.

EquityFeed is an interesting software and all in one solution. Stock screening, stock scanning and charting is available out of one single platform. But investors need to be aware that EquityFeed gets really expensive when subscribing to the markets.

The U.S. Bundle (Nasdaq, NYSE, AMEX, OTC) including Level 2 data costs $220 monthly! This is a lot of money for an otc stock screener, especially for beginners.

EquityFeed - Stock Discovery Platform

EquityFeed - Stock Discovery Platform

Functionalities at a glance:

  • ​Stock screener – yes
  • ​Stock scanner – ​yes
  • ​Charting – yes

The software is not meant for long term investors, its suitable for day traders and active traders with high budget. Please read the EquityFeed review for more information about this trading software.

Rating: 4/5


TheFly.com

TheFlyOnTheWall aka TheFly is not a typical intraday stock screener or stock scanner. Its more a realtime news feed for stocks. Most strong price fluctuations result from news. It is important to know the reason for the move. Is it a temporary hype? Is something really big going on? Should you buy even when prices have risen 20% already or should you sell the upmove short? Knowing the reason for a move enables investors to make the right decision at the right time without guesswork.

It doesn’t come as a surprise that TheFly costs money. The price range is between $35/month and $65/month. That’s not cheap, but not expensive either.

Investors will be surprised what they realize when they put in the ticker symbol of a stock with news on. Very often, the price movement is going on right when news come out. But it has to be noted that TheFly is not the Holy Grail. Often the movement is already over and prices stuck at a certain level, or studying the news takes a lot of time and then the move is over.

So this service is something of a workaround of a standard stock screener. Instead of scanning stocks for a price move, TheFly scans the stock market for news that might have an impact on the price.

TheFly

TheFly

Functionalities at a glance:

  • ​Stock screener - no
  • ​Stock scanner - ​​yes, more of a stock news scanner
  • ​Charting - ​no

To give you a better understanding about TheFly, I have written a detailed TheFlyOnTheWall review.

Rating: 4/5


Reuters

There is a little stock screening app available at reuters.com. Investors can apply filters to more than 234 thousand stocks (yes, that’s right). I like this little tool because of its vast data base. Its available for free and easy to understand. Investors can select price/earnings, EPS Growth rate, Region, Sector and PEG (price earnings growth). And one more mouse click will show the results. Cool.

Reuters Stock Screener

Reuters Stock Screener

 Functionalities at a glance:

  • ​Stock screener - yes
  • ​Stock scanner - ​​​no
  • ​Charting - ​no

​The Reuters stock screener is suitable for investors rather than for day traders – just a good little tool!

Rating: 4/5


Investing.com

Chances are, that you already know the stock screener at investing.com This little tools gives you the opportunity to filter thousands of stocks with lots of different criteria. First of all you chose the country, exchange, sectors, industry and equity type. After that you can chose filters from categories like ratios, price, volume & volatility, fundamental, dividends and technical indicators to lower down your stock universe.

After this second step you’ll be shown various tabs like fundamental, technical, performance and candlesticks. At one click on those tabs you will find your selected stock universe sorted within a table on each tab category. When I clicked on candlesticks, it took about 3 seconds to display the results.

And on top of that you can filter within the filter of the filter, something you should try to understand it better. It’s a free stock screener with great functionalities.

The one thing I dislike is that there are tooooooo many ads on the website, but that’s not unusual with a free tool like the Investing.com stock screener. In my opinion it’s one of the best free stock screeners currently available. 

Investing - Free Stock Screener

Investing - Free Stock Screener

Functionalities at a glance:

  • ​Stock screener - yes
  • ​Stock scanner - ​​​no
  • ​Charting - ​yes, with a click on the respective ticker symbol (e.g. AMZN, APPL etc.)

Rating: 4/5


ValueWalk.com

ValueWalk stock screener is made for Value Investors, not for speculators on a short time frame. The ValueWalk stock screener is provided by X-FIN. Actually the tool is called Graham – Dodd Stock Screener.

The general approach came from Benjamin Graham and David Dodd. To sum it up, the tool compares the actual price right with the intrinsic value of a stock. The delta is the so called margin of safety.

The formula behind the intrinsic value of a stock is: V* = TBV + ((NI – Div) / RRRre) + (Div / RRRd)

TBV = tangible book value

NI = net income

Div = dividends

RRRre = rate of returns for retained earnings

RRRd = rate of return for dividends

ValueWalk Website - Graham-Dodd Stock Screener

ValueWalk Website - Graham-Dodd Stock Screener

Functionalities at a glance:

  • ​Stock screener - ​yes, for Value Investors
  • ​Stock scanner - ​​​no
  • ​Charting - ​no

If you are a day trader, skip this scanner. If you are a long term oriented investor, then it might be worthwhile to take a closer look at this free tool

Rating: 4/5


X-FIN.com

Remember the ValueWalk Graham-Dodd stock screener? Not only is X-FIN the creator of the Graham-Dodd stock screener, they also have a website dedicated to value investors.

At X-Fin.com you will find a cool stock screener where you can chose your country, select the sector and stock lists, and adjust min/max value for various variables like price, price to earnings, sales to asset etc.

X-FIN | Intrinsic Value Stock Screener

X-FIN | Intrinsic Value Stock Screener

Functionalities at a glance:

  • ​Stock screener - ​yes, for Value Investors
  • ​Stock scanner - ​​​no
  • ​Charting - ​no

There are many other features on the website. If you are a long term oriented investor, check out the free service. Its hard to tell if the performance published on the website would have been archived when following this model. But anyway, this is a good tool that’s worth consideration.

Rating: 4/5


Oldschoolvalue.com

Have you come across the CROIC Stock Screen? Its one of the value stock screeners available at oldschoolvalue.com. I like the overview with the OSV value investing stock screens performances 1999-2017.

This gives a good insight about the performance of investment approaches like “Altman Z”, “Graham Formula”, “Piotroski”, “NCAV” etc. Like any other trading approach value investing is not the Holy Grail, no matter if you are a day trader, a swing trader or long term investor.

You always have to find the right investment approach that suits your needs and matches your personal situation.

A day trader would probably never use stock screeners from oldschoolvalue.com while long term investors might never use a high end charting tool. However, one thing is usually true - good tools cost money.

Like the subscription to oldschoolvalue.com. The full service, depending of the duration of the contract, costs between $29/month and $49/month.

Oldschoolvalue | CROIC Stock Screen

Oldschoolvalue | CROIC Stock Screen

Functionalities at a glance:

  • ​Stock screener - ​yes, for Value Investors
  • ​Stock scanner - ​​​no
  • ​Charting - ​no

A 30 days money back guarantee is available.

Rating: 4/5


StockRover.com

StockRover presents itself as a tool created by individual investors for individual investors.

They offer an investment research and portfolio management platform with targeted and flexible stock screening functions, with the goal of enabling investors of all different levels to make well-informed trading decisions, to be in complete control of their investments – from the very beginning until the end.

The service includes highly advanced and well organized tools for analyzing and detailed financial data that makes it easier to compare investment opportunities. All of StockRover's tools are permanently updated. Beside the mentioned software service, StockRover offers live webinars, videos and a blog for education, as well as the results of an unbiased stock research.

Instead of a big number of separate spreadsheets, websites, tabs and windows, StockRover created an integrated research platform for investors of all levels to turn them into better and more successful traders. Aside of the main goal the team of StockRover wants users to enjoy experiencing their system. By building up a steadily growing investment community to share this efficient research platform, it offers users access to the same tools and resources.

Regarding the training opportunities and the customer support, a personal touch is highly important to the StockRover team.

StockRover offers a free basic membership for beginners and casual investors to help them improve their skills and to provide them with important, useful information for better and more successful trading. The second option is the StockRover premium membership that costs $ 249.99 per year,  meant for professional traders and for motivated investors of all levels.

By providing them with significant tools and comprehensive information StockRover makes their research for well-informed trading decisions a lot easier.

StockRover | For Independent Thinkers

StockRover | For Independent Thinkers

Functionalities at a glance:

  • ​Stock screener - ​​yes, 250+ metrics are available including historical data
  • ​Stock scanner – as far as I can see, there is no no real time stock scanning available
  • ​Charting – yes, charting is supported and some other nice features are available as well

Side note: I do not understand why stockrover.com is talking about the two versions 1) Basic (free) and 2) Premium ($249.99/year) at the plan overview and the full features list compares 1) Essentials version (free) with 2) Premium. That’s nothing special but a bit confusing. But they have a detailed “about us” section on their website presenting the team to their customers. So anything seems to be fine from this side.

Rating: 4/5


MarketWatch.com

MarketWatch's ​market screener offers you an easy and comfortable way to search for stocks. You are completely free to choose how many parameters you want to use. It works with only a few as well as with many of them combined. 

You just have to define the volume, the price, the technical criteria, the fundamental criteria and exchange and industry or simply one part of it – and here you go.

This user-friendly stock screener is a free tool, and it is only part of what MarketWatch is offering.

MarketWatch | Market Screener

MarketWatch | Market Screener

Functionalities at a glance:

  • ​Stock screener - ​yes​
  • ​Stock scanner - ​​​no
  • ​Charting - ​no

​MarketWatch, published by Dow Jones & Co., has more than 16 million visitors monthly. The platform offers users all kinds of financial information and business news, with investment tools and data and with real-time-commentaries. You can also sign in for a subscription for all kinds of services for investors including ETF Trader and Retirement Weekly.

Rating: 4/5


Stock Screeners, Stock Scanners, Charting Tools ​- Rating 3/5

MSN.com

MSN Money’s stock screener has just the basic functionalities. Popular screens like high dividend yields, bargain stocks, blue chips and 52-week high are available at one click. No login is necessary. Various filters like price, sector, exchange can be applied. With MSN Money you can customize your filters and choose stocks that meet specific requirements.

MSN Money Stockscreener

MSN Money Stockscreener

Functionalities at a glance:

  • ​Stock screener - ​​Free basic stock screening
  • ​Stock scanner - ​​​no real time scanner
  • ​Charting - ​no charting

Real time stock scanner and charting functionalities are not available, and one cannot change the columns or do any advanced customization.

Rating: 3/5


finviz.com

With Finviz, you will find a nice looking stock screener with cool functionalities including a nice tab navigation menu to choose between filter categories like valuation, financial, ownership, performance etc. Within those tabs you can filter thousands of stocks for values like market cap, volume, dividend yield, EPS, pattern recognition types like wedges, flags, candlesticks etc.

Finviz was one of the first stock screeners I used when I started trading. That was a long time ago and in the past it was a really great scanner with lots of unique characteristics. No competitor could offer their functionalities. But nowadays finviz is really annoying. There are too many ads and distracting pop-ups.

One the one hand side Finviz is for free with the basic functionalities. You can access charts and quite a lot of filters. It might work for investors acting on daily basis who know exactly what they are looking for. For a beginner it will just be a frustrating experience.

finviz online stock screener

finviz online stock screener

Functionalities at a glance:

  • ​Stock screener – Free EOD stock screening and basic functionalities with delayed data with realy annoying advertisements and pop ups
  • ​Stock scanner – real time stock quotes and intraday-charts with Elite-Version available.
  • ​Charting – daily time frame charting for free, various minute time frames in paid version

A paid version is also available, including real-time and pre-market data, advances charting, backtesting and correlation between stocks to be visualized. Advanced stock screening functionalities, alerts and notifications make it an interesting package.

Rating: 3/5


Zacks.com

The Zacks stock screener offers a good alternative to other free stock screeners mentioned above.

It is a disadvantage that the web application runs within a javascript widget and that’s not the best solution for traders running their stock scanner on mobile devices. Besides, many of the scans provided are available with premium subscription only.

Nevertheless the Zacks stock screener offers great free functions that justify giving it a try. Most of the free functions are standard functions but a perfect starting point for fundamental traders or technical traders making their decisions based on a daily or weekly time frame. This stock screener is not really suitable for day traders, but rather a tool for investors.

ZACKS stock screener tool

ZACKS stock screener tool

Functionalities at a glance:

  • ​Stock screener – Free EOD stock screening and basic functionalities with delayed data (doesn’t work that great on mobile devices)
  • ​Stock scanner – no, but other cool features in Premium version
  • ​Charting – no

Zacks premium offers many more functions to scan the market, but the premium screener costs $29 per month along with a 30 day free trial.

Rating: 3/5


Nasdaq.com

Nasdaq.com offers the same stock screener that’s available at zacks.com The reason for that is simple – it is provided by zacks.com, with the same functionalities (blue color instead of green color). Premium content is available for zacks.com premium subscribers only.

NASDAQ stock screener - Powered by ZACKS

NASDAQ stock screener - Powered by ZACKS

Functionalities at a glance.

  • ​Stock screener – Free EOD stock screening and basic functionalities with delayed data (doesn’t work that great on mobile devices)
  • ​Stock scanner – no, but other cool features in Premium version
  • ​Charting – no

Rating: 3/5


StockMonitor.com

Stock Monitor promises to facilitate stock analysis and speed up scanning the market. This is a new way to give you access to helpful watch-lists and portfolios enabling you to monitor your trading strategies. By using technical analysis charts, the system combines backtests with filters to provide you with alerts that will make your trading more profitable.

The service includes:

  • ​Filter Stocks – to find stocks by using pre-installed or custom filters
  • ​Live Strategy Testing – to set up filters to watch them trade live with virtual money
  • ​Back-Test – being based on historical data of many years to predict possible profits
  • Watch-Lists and Alerts – to add stocks and to set up individual alerts
  • Chart Analysis – to create stock charts by using indicators, drawing tools and more
  • Portfolios and News – to follow related breaking news that match with your stock portfolio

Stock Monitor offers a 14-day free trial with full access to all kinds of tools and services.

If you decide to sign in for a subscription after the free trial, the full membership will cost $ 14.99 per month.

StockMonitor - Technical Stock Scanner

StockMonitor - Technical Stock Scanner

Functionalities at a glance:

  • ​Stock screener – yes
  • ​Stock scanner – yes, streaming real time prices are available
  • ​Charting – yes

StockMonitor’s website has a nice layout and an easily understood navigation. The quotes and free screeners tab show some cool free functionalities. They offer a 14 days free trial with access to real time charts, watch lists, email alerts, the filter builder, news and to the live-/backtesting environment. The company behind the tool is dropdigital, a company based in UK.

Rating: 3/5


fool.com

The Motley Fool stock screener offers you the opportunity to use CAPS intelligence as well as the traditional financial metrics to screen for stocks.

As a scanner, this is a rather basic tool. Users may choose between the following filters:

  • Sector
  • Industry
  • Market capitalization
  • CAPS ratings
  • Price data
  • Risk data
  • Dividends per share
  • EPS growth rate

Anyone not searching for something specific will surely like the Motley Fool stock screener. It is recommendable for long-term investments, but not really among the stock scanners for day trading.

In fact it is a bit like Zacks stock screener and useful for investors who know what metrics they are looking for. And it’s free.

The Motley Fool Stock Screener

The Motley Fool Stock Screener

Functionalities at a glance:

  • ​Stock screener – yes
  • ​Stock scanner – yes, streaming real time prices are available
  • ​Charting – yes

I like the free “download to spreadsheet” option but had some trouble testing it with Internet Explorer. Inside Firefox it worked like a charm.

Rating: 3/5


stocknews.com

StockNews.com is a bit different. Investors can filter by Recent News Volume and Recent News Slant along with some common scans like technical criteria and performance based key metrics.

But ultimately this stock screener does not offer that many advantages without a subscription. StockNews.com Premium is available for $99 per year and customers will get access to the POWR Ratings provided by StockNews.com Since I have never been a paying subscriber, I cannot tell you if it is true that POWR Ratings is the best stock rating system.

I would never buy or sell stocks based on just a black box rating. I like to understand the numbers and ratings. But these remain StockNews.com business secret.

StockNews.com - Online Screener

StockNews.com - Online Screener

Functionalities at a glance:

  • ​Stock screener – yes
  • ​Stock scanner – ​no
  • ​Charting – yes, with a click on the respective ticker symbol (e.g. AMZN, APPL etc.)

There is a 14-days free trial available on the website and some additional information about the POWR Ratings. The “about us” section offers some insights about the people behind the company.

Rating: 3/5


MetaTrader4.com

MetaTrader is quite popular in Europe, where it is one of the major trading platforms for Forex Traders. Nearly every Forex and CFD-Broker in Europe offers his clients free access to the MetaTrader software.

MetaTrader is available in Version 4 and 5. Please read the MetaTrader Review to get a better understanding about the difference between those versions. Please note that trading Forex and CFD usually is considered high risk and suitable for daytraders rather than for investors.

CFDs and Forex Traders use leverage effects to trade higher sums than they have on their account. A leverage of 10 means that traders can trade 10 times more money than what they have at their disposition in the trading account.

As a result, any move is leveraged by 10 as well – this, however, is applied to losses as well as profits!

MetaTrader Charting

MetaTrader Charting

Functionalities at a glance:

  • ​Stock screener – yes
  • ​Stock scanner – ​yes
  • ​Charting – yes

By the way, a lot of Exert Advisors are available for MetaTrader. But again, Forex and CFDs are very high risk markets! Anyone considering to engage in this type of speculation should first try a free demo account with MetaTrader.

Rating: 3/5


StockCharts.com

StockCharts is not really a pure stock screener, but more of a charting tool, but it should be mentioned here for completeness’ sake. At the website you will find a free stock screener that enables you to scan the market of the day and of the last four trading days.

The scan works with:

  • Technical indicators
  • Candlestick patterns
  • P&F patterns (point and figure patterns)

This essential stock screener was created for technical traders. With only one mouse click, you have access to all patterns and candlesticks and all significant indicators for everything on your watch-list and for everything you have set up using personal filters.

StockCharts makes it surprisingly easy to handle advanced technical scanning to find all kinds of stocks and funds according to your personal criteria.

And the very best: This stock screener is for free. You will only have to sign in for a paid subscription if you want to use the complete package with charting in addition to the stock screener.

StockCharts Charting Tool

StockCharts Charting Tool

Functionalities at a glance:

  • ​Stock screener – yes, at least some features
  • ​Stock scanner – ​no
  • ​Charting – yes, the main focus of the tool is charting

On the downside it has to be said that the website uses the same annoying popups as finviz.com

Rating: 3/5


MadScan.com

MadScan wants to enable you to set up all custom signals you may ever need. The use of the API for preferred gray box or black box trading is included in the service.

The provider wants to help traders picking the right stocks at the right time to unlock the madness of the stock market. MadScan offers cool features like add-ons for services like theflyonthewall, Benzinga, Street Insider and 10-k Wizzard as well as cools stock scans.

There are 3 different versions, among them the MadScan free version, MadScan standard, and MadScan Elite along with separate subscriptions to the above mentioned add ons. MadScan free version is a good starting point for beginners. Full access to all generated filters and alerts along with free exchange data (limited to BATS & EDGX) is available. The pricing ranges between $74.99/month and $174.99/month.

MadScan is one of the direct competitors of Trade Ideas Pro. In my opinion, Trade Ideas offers a better product with by far more features and benefits for traders. But since MadScan offers a free trial, it is easy to compare both products yourself.

MadScan Realtime Stock Scanner

MadScan Realtime Stock Scanner

Functionalities at a glance:

  • ​Stock screener – yes
  • ​Stock scanner – ​yes
  • ​Charting – no

​As you know from my other stock screener summaries, I look for details while doing my research. The links in the footer lead nowhere. When you click on them, like “press” or “legal” at the bottom, nothing happens. Credentials date the footer to 2011. It seems that the company behind is MadScan LLC but there is no further info about their location or other details. These should be added to increase trust.

Rating: 3/5


CNBC.com

CNBC offers a preset stock screener that allows you to screen for:

Solid Stocks and Solid Companies – If you are searching for stocks that are solid performers all through the changing conditions in the market, this screener will help you to find them.

  • S&P 500 Dogs – This takes you back to the good old classic methods. Sometimes high dividend yields on large cap companies may be a clear indicator of significant changes.
  • High Quality and High Dividends – If you want to benefit from the advantages of certain tax breaks on dividends, you will find the stocks you are looking for right here.
  • Small Cap Value – If you are focused on Small Cap Value, this will be your prefered tool.
  • Large Cap Growth – If you prefer using the Large Cap Growth to take advantage of it, this will help you to get what you want.

Besides, you may use custom screeners. There are many different categories, like  performance, earnings, market caps, growth trends and others. After choosing one of these categories, you may set filters to narrow your search even further. Select as many filters simultaneously as you like.

CNBC.com Stock Screener

CNBC.com Stock Screener

Functionalities at a glance:

  • ​Stock screener – yes
  • ​Stock scanner – ​no
  • ​Charting – no

One of the major advantages of the CNBC stock screener is the fact that it enables you to save your custom screen. If, for example, you start with a specified search to find certain kinds of stock in a special area, you can simply save your search to use it again later and whenever you want.

On the downside the navigation is not too comfortable and it may be something you have to get used to. But there is nothing to lose as this service is free. Thus you don't risk anything giving it a try.

Rating: 3/5


Top List​

The Best Real Time Stock Screener

The Best Free Stock Screener

The Best Dividend Stock Screener

The Best News Based Stock Screener

​The Best TA Stock Screener​

The Best A. I. Stock Screener


Conclusion on Best Stock Screeners 2018

Stock screeners are important tools that help you make the best possible investment decision. While some stock screeners are available for free, there are other trading software tools you have to pay for. 


In any case you should know that these tools are no magic pills that help you to choose the perfect stocks. You have to know exactly what kind of information you need to obtain it with the help of a stock screener and to choose the best stock picker tool.


The good thing is that you can always use a free real time stock screener to try the functions and familiarize yourself with the handling.


First of all you have to decide what you want to trade (stocks, options, etc.), what trading approach fits you best (day trading, swing trading, long term investing) and most importantly you have to evaluate how much money you can risk without getting in trouble.


The spending for the trading tool of your choice should always be appropriate to your existing budget and your profit objective. There are excellent free online stock screener tools for limited budgets, and also free demo versions to try before coming to a decisions.


Stock screeners like Trade Ideas can help you saving time by narrowing down the potential investments to a small, manageable number, thus enabling you to make precise, comprehensive decisions.

​Find out which is the best online #stock screener 2018 ► 50+ ​reviewed #daytrading #dividends #valueinvesting

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Q&A

What you should know when you are using stock screeners

Stock screeners and stock market scanners offer a lot of flexibility, but it is highly recommended for you to know the criteria you need, to search for what you really want.

There is a seemingly limitless number of variables available that make the possibilities for combinations endless. You need to know exactly what you want to measure. Otherwise, even a stock market screener rich in functionality may not help you.

A good starting point are usually pre-configured screens. Based on these its easy to add or reduce the number of filters to create your custom stock screener.

Besides, its important to know what sectors (utilities, banking, insurance etc.) and global markets (U.S., Europe, worldwide etc.) you want to invest in. This is important because some tools only offer access to databases including some major regions. 

Things to keep in mind when you are using stock screeners

Stock screeners are useful helpers when making decisions about your investments. However, like other trade analysis tools that are available at the moment, they all have several limitations.

Here are the crucial things to keep in mind when using them:

  • Most of the available stock screeners include quantitative factors. But there are many other qualitative factors that you should keep in mind, among them labor disputes, lawsuits and customer satisfaction levels.
  • Stock screeners make use of database which is updated according to different schedules. This makes it important for you to check the actuality of the data before using it. You will not benefit from relying on stale data when making decisions.
  • There are certain industry specific blind spots that you should watch carefully. For example, if you are searching for high price to earning information, you should not expect technology companies to show up. You will mostly find fast moving consumer goods companies showing up there.

Using different components of a stock screener

A stock screener consists of three components: The company databases, a screening engine and a set of variables for screeners like:

  • Small cap or large cap stocks
  • Price to Earnings ratio range
  • Chart Patterns
  • All time high and all time lows
  • Earning ratios
  • Candlestick patterns
  • Retracements
  • Pre-market and opst-market movements
  • etc.

A good stock screener will provide you with the stock search tool that meets your specific criteria. If you can focus on measurable factors affecting the price of stocks, you will be carrying out a quantitative analysis.

Among other things, these factors include the price to earnings ratio, profit margins, volatility and revenue and market capitalization. Those are important figures when learning how to trade. But when you are a short term oriented trader (day trader, scalper, HFT-trader) it might be useful to focus on other variables giving you the best results depending on your needs.


more stock screeners:

Stock Screeners, Stock Scanners, Charting Tools - Rating 2/5

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  • Udi Makov says:

    Excellent review well done!
    Can you advise me which of the screeners can screen custom database? I mean I have a list of stocks from various sources and the screener should be applied on these only.
    Thanks!!

    • DAYTRADINGz says:

      Thanks for your question. Most scanners will support you applying scans to a custom company- / watchlist. It really depends on your needs. If you want to scan on a daily basis, free scanners are completely sufficient for that. When it comes to professional stock screening, Trade Ideas with its artificial intelligence module is still the market leader. But it is not available for free. To learn more about Trade Ideas you can read my detailed review at https://daytradingz.com/trade-ideas/ Alternatively some tools provide an API to connect it with your database. Depending on the database you use that could be a good solution as well. Some years ago I did develop an MS Access database for EOD-Scans. It was fast and accurate and I did use in conjunction with Yahoo finance EOD data.

  • Carey Moerke says:

    You posted quite a few nice points there. I did a litte research on the subject and found nearly all people will have the same opinion with your blog.

  • Tifany Ballagh says:

    I really got into this article. I found it very interesting and loaded with unique points of interest. I like to digest material that makes me wonder. ThanksThank you for sharing this great content.

  • Yacon Root says:

    I delight in reading through your weblog. It was amazingly exciting. 🙂

  • J. Gerkman says:

    Very informative article thank you.

  • Rod Cartledge says:

    Will your software scan all U.S. stocks to find those that today may have crossed over a nominated moving average for the first time in say 65 days either crossed up or down?

    Rod

    • DAYTRADINGz says:

      Hi Rod,

      thank you for this excellent question. About 10 years ago I asked me similar questions. I was looking for a trading tool that provides a long term history for price and volume to test comparable strategies. But at the end, exactly those strategies never work. You find yourself inside a trap. You test and optimize a system to work e.g. with an 65days nominated moving average cross. But once you go live, you realize, it doesnt work. So I was happy having found Trade Ideas software.

      The capabilities to test strategies with an mouse click within seconds without need to write code yourself is pretty cool, but old school.

      However, Trade Ideas Artificial Intelligence engine HOLLY is amazing. But its hard to describe and better if you test it yourself. But do not make the mistake to buy something that you never tested. Like I always say. First of all, people should use every opportunity to attend to free webinars, use free trials, newsletters etc. Get a feeling about the company, the products and services. Click here to proceed to the Trade Ideas Review 2018. The weekly Demo and Q&A session is a good starting point as well as the new free eBook. Furthermore being interested in the A.I.-Strategy engine you should download the TradeIdeasAIStrategies.pdf for further free reference about the strategy settings.

      If Trade Ideas does not suit your needs, market leaders for charting programs with a high end backtest engine like NinjaTrader and eSignal do what you are looking for. I developed lots of strategies for eSignal and hundreds for NinjaTrader 7. But Trade Ideas gave me the edge.

      Best regards
      Alexander

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