VectorVest Review 2019
Have you ever wondered if VectoVest is the right trading software for you? I took a closer look at this stock analysis and portfolio management system and wrote this VectorVest review to summarize the most important facts.
As other comprehensive trading software solutions, like eSignal, Trade Ideas and NinjaTrader, also VectorVest can be overwhelming at first. VectorVest is by far more than just a regular stock scanner. It's more kind of a software suite.
It takes some time to get used to, but you are in a good starting position since VectorVest provides helpful training videos and tutorials.
VectorVest was created and founded by Dr. Bart Diliddo, a veteran in finances and in the various investment fields. He started by creating market interpretation models and by analyzing market trends more than 30 years ago.
By using these models, he was able to create different software programs that effectively sort, analyze and rank stocks based on their performance.
VectorVest 7 is the current main product and VectorVest is a trading software development company based in the United States. Their aim is to give you a clear direction before you invest by providing tools for stock analysis and portfolio management.
Their software tools, like e.g. VectorVest 7 and ProTrader 7, collect, sort and analyze data on thousands of stocks on every day. Their aim is to provide their users with a clear direction, with unbiased advice, and with essential answers.
Predicting market trends and tendencies is a bit easier with VectorVest software and trading tools. But in the end, you have to make the decisions about the purchases and sales yourself. Because also VectorVest is not the holy grail in trading.
Continue reading the VectorVest Review.
So far VectorVest released various products. VectorVest 7, VectorVest Mobile, RoboTrader, RealTime Derby, Watchdog and ProTrader 7 are some of them.
The idea is to help you to be more profitable by minimizing the risks in your stock market investments.
One notable feature of VectorVest software is the fact that it displays trading ideas for selling, holding or buying stocks based on an individual analysis of their market value and the current market timing.
And these trading ideas are available for every single stock. This can put you in a comfortable position. You need good tools to make your decisions and VecorVest is one of the better tools being available at the moment.
News, Color Guard and Midas Touch
VectorVest is a comprehensive software solution for investors and traders. As soon as the software has been downloaded, it is ready to start. The dashboard in version 7 of the trading software provides a quick overview of the most critical market data.
The so-called Color Guard allows you to display tables in different colors, while the Market Timing Gauge, for example, shows the current market situation in an area highlighted in red, yellow and green.
TradeNow Broker Integration
Ally Invest, Interactive Brokers, QuesTrade and TradeStation can now be connected to VectorVest 7 and mobile.
Market Timing Indicators
Weekly advisories and updates are visualized with graphs and are being provided with clear entry and exit points, depending on your investment approach and your risk tolerance.
Over 20,000 different stocks are ranked and analyzed by VectorVest. This included hundreds of different business sectors and industry groups. Rank, analyze with a few simple mouse clicks.
The VectorVest Charting is powerful. The graphing feature is easy to handle and can be accessed from anywhere within this software suite. There are different time frames available, and therefore all most important functionalities are being provided. However, the charting is standard and similar to other programs.
VectorVests data is not limited to the United States only. While there are more than 7,900 US-stocks available, there are also 3,400 stocks from Canada, 1,700 shares from Australie, more than 2,000 shares from the UK and more than 4,000 stocks from Singapore, Hongkong, and Europe available within VectorVest. This is a lot and makes this trading software stand out from the crowd.
Plans | Costs | Pricing
The costs of using VectorVest trading software
VectorVest offers different packages. Three different packages are available for VectorVest.
End of Day
The package with the lowest price is called “End of Day” and costs $69 per month. It comes with a trial period.
During this trial period you only pay $9.95. The option to pay yearly will cost you currently $695 which is way cheaper compared with the monthly pay.
This package gives you access to VectorVest End of Day analysis & market timing and access to VectorVest Mobile.
IntraDay is the next package being available.
This subscription gives you access to the same services as the previous package, but with the added advantage that you also get live data being updated every 15 minutes. It also allows you access to the market data before and after the trade.
The free trial for this also costs $9.95. Afterwards you will pay $89 per month. At the moment, paying yearly for this will cost $895.
Their third and last package is called RealTime being promoted as the best deal for day trading for beginners. Just as its name says, with this you get a live stream of market data without the delay of 15 minutes like with the IntraDay version.
This is the perfect package for active users, like e.g. day traders who trade a lot all through the day. It also comes with a trial period for the price of $9.95.
Afterwards you will pay $129 per month while the yearly subscription costs $1,295 at the moment.
The biggest advantage of this package is the real-time data that helps you to make fast decisions during the trading day.
The other advantage of the RealTime deal is the fact that you get access to AutoTimer, ProTrader and Watchdog add-ons - and all this without any additional costs.
If you are an active user in need of a constant stream of stock market data and analysis, VectorVest may be a good choice for you.
It is really useful for active stock traders who want to buy or sell stocks at the perfect time.
On the other hand, traders who want to use Artificial Intelligence functions that give them an insight into the market, e.g. via NASDAQ and New York Stock Exchange, may prefer first having a try with Trade Ideas Pro to compare the services before they will make their final decision.
Stock Advisory Mobile App
Access your VectorVest tools like Watchlists, Market Timing and Stock Graphs from everywhere using the Stock Advisory mobile app.
VectorVest Plugins And Add-Ons
The RoboTrader Add-On lets you send your buy- and sell orders directly from your VectorVest tool to your broker using the TradeNow functionality. The add-on costs another $99 per month or $1,095 on a yearly basis.
The VectorVest RealTime Derby leverages the computer power calculating a mini portfolio based on over 100 long strategies and over 30 short strategies. For pricing, you have to contact VectorVest under 1-888-658-7638
WatchDog and SuperWatchDog
WatchDog ist VectorVest's solution for custom alerts like moving average crossovers and trendline-breaks. While this feature is included in Trade Ideas A.I. Pro, users of VectorVest have to pay a one-time fee of $495 to make use of this feature. The only exception is that VectorVest RealTime subscribers can access the add-on for free.
SuperWatchDog goes a step further and screens the whole stock universe for setups you are looking for. This add-on costs another $99 per month, for any VectorVest 7 subscriber.
Yep, we did not reach the end of the VectorVest-App list. ProfitLocker Pro is something like a trailing stop that secures already existing profits trailing the stop based on defined criteria. Another $99 for this feature is hefty.
ProTrader 7 is another feature that is included for VectorVest RealTime subscribers paying $129 per month. However, also EndOfDay and IntraDay subscribers can use this plugin but have to pay a one time fee of $495. For this money you gain access to pre-buildt searches like fundamental screens and technical conditions like Crossovers, Moving Averages and Channels.
Even more plugins
There are even more plugins available. Options Analyzer and OptionsPro are designed for options traders. While brokerage tools like TraderWorkStation from Interactive Brokers have this included in the plattform, VectorVests charges $495 one time fee for the Options Analyzer and $249 per month for Options Pro. Per month!
The Autotimer and the Personal Portfolio analysis completes the whole plugin and add-on series. For my taste, by far too many plugins. But on the other hand side, investors can directly chose the add-on that they need saving some money for tools they do not need.
Free Trial | Promo Code
A trial period is available for all of their products. You can use this trial period to gain confidence in the product and to find out if you like this kind of service.
By the way, all subscription packages include a trial period for the same price.
Afterward, you can subscribe fully if you are satisfied with the product. Having the opportunity of this 5-week risk-free trial is a big advantage, even if the trial is not really free as it costs $9.95.
Who Is VectorVest Best For?
For traders who want to stay ahead of the rest in today's competitive market, VectorVest is a tool that they should give a try. The trial period is perfect to find out if VectorVest meets your needs or not. VectorVest belongs to the most popular investment software solutions for stock traders and private investors.
VectorVest Review Summary
Free Resources | Free Trial
Ease of Use
VectorVest's prices are also competitive but compared with the functions that other tools include, it is a little more expensive (due to the module pricing).
The services you get are worth your money if the product is exactly what you are looking for. You are provided with subscription options that you can choose according to your needs.
VectorVest´s help desk is great and the support staff is always ready to help. You can contact them by e-mail and on the phone.
They help you to set your account and they explain well how you can use it best. This is a big advantage, especially for beginners.
If you are interested in their products, you can visit their website at www.VectorVest.com to get more information.
If you are searching for automated trading, other trading tools, like e.g. NinjaTrader 8 and Trade Ideas, may be the better alternative for you as at the moment the RoboTrader feature that VectorVest provides costs additional $99 per month or $1.095 per year.
If you combine this with the VectorVest 7 subscription, it will end up being a little expensive regarding the cost-effectiveness.
Best in class AI stock screener: Trade Ideas Pro
The traders being focused on strategy development being based on Artificial Intelligence and a fully automated trade execution of those strategies may better take a closer look at Trade Ideas Trading Software packages.
Free educational material and hundreds of trading strategies and trade ideas are waiting for you there. Continue reading our comprehensive Trade Ideas Review.
- Standard VectorVest 7 package with competitive pricing
- Robo-Trader feature available
- Brand new stock advisory for iOS
- 5 weeks of risk-free trial
- Different add-on modules with separate pricing
- No Artificial Intelligence features available like within Trade Ideas Pro
Frequently Asked Questions
What is the best starting point for the VectorVest download?
In my opinion, every trader should use the free trial first. The Link to the Free Trial sign-up is: https://customerservice.vectorvest.com/EcommHome After the sign-up, use the provided details for the VectorVest 7 login.
Can VectorVest be used on MAC?
Not directly. VectorVest is a Windows based trading software. However, when you use a Windows partition on MAC, VectorVest can also be used on MAC-devices.
What are alternatives to VectorVest?
VectorVest is one of the most popular charting software packages being available. However, alternatives are eSignal, NinjaTrader, TC2000 and MetaTrader. In terms of robotic trading, Trade Ideas is probably the biggest competitor.
What are the VectorVest system requirements?
VectorVest runs on Windows systems with at least 512MB RAM Memory, 500MB hard disc space and 800MHz CPU, monitors with at least 1024x768 resolution and a 56k dial up connection. However, traders should have a PC with a 2GHz or faster CPU, 1GB RAM Memory, 1280x1024 monitor resolution, 1 GB hard disc space and a DSL-speed internet connection for maximum comfort.