In the year 2023, the FinViz platform continues to be a noteworthy online resource for stock screening, research, and visualization. This comprehensive review explores the platform’s features, pricing plans, and suitability for various types of investors.
FinViz, short for Financial Visualizations, was founded in 2007 by Juraj Duris, with a vision to simplify financial data for individual investors and traders. Over the years, it has evolved into a powerful tool used by thousands worldwide, offering a range of services from stock screening to news aggregation.
FinViz.com Key Features:
- Stock Screener:
With over 8,500 stocks and ETFs, FinViz’s stock screener provides 67 fundamental, descriptive, and technical filters for users to identify potential investment opportunities.
- Heatmaps:
Visualizing the market by industry and sector, heatmaps display color-coded assets according to their performance, aiding investors in making informed decisions.
- Charting:
FinViz offers various types of charts, including candlestick, line, advanced, and interactive charts. Premium members have access to advanced charting features.
- Portfolio Management:
Users can create up to 50 unique portfolios with a registered account, and FinViz Elite subscribers can increase this limit to 100. Premium members can also set portfolio alerts.
- Backtesting:
Exclusive to FinViz Elite subscribers, the backtesting feature offers 24 years of data, 100+ indicators, and stock chart pattern detection, assisting investors in testing strategies over extended periods.
- Additional Tools:
FinViz goes beyond stock screening, providing real-time quotes, insider trading insights, coverage of futures and forex markets, and an easy-to-use interface for investors at all levels.
FinViz Pricing Plans:
Unregistered:
Free access to comprehensive stock lists, delayed charts, news feeds, and stock information.
Registered:
Free users who register gain additional features, including tracking up to 50 portfolios, using 50 tickers per portfolio, and accessing layout customization.
FinViz Elite:
Priced at $39.50 per month or $299.50 per year, FinViz Elite unlocks real-time data, advanced charts, technical studies, backtesting, alerts, and more. Premium members enjoy an ad-free experience and increased limits for portfolios, tickers, and screener presets.
Is FinViz Elite Worth It?
For investors seeking real-time data, advanced charting, and additional features, FinViz Elite can be a valuable investment. The platform’s unique offerings, including extended fundamental data, enhanced screener capabilities, and an ad-free experience, cater to active and serious investors.
Who is FinViz Best For?
FinViz proves beneficial for various investor types:
- Long-term Investors: Utilize comprehensive data for informed decisions and portfolio tracking.
- Swing Traders: Leverage screening tools and charts for identifying trading opportunities.
- Beginner Investors: Accessible interface and educational resources make it suitable for newcomers.
- Value Investors: Powerful screener helps in identifying undervalued stocks.
- Investors Seeking Diversification: Coverage of futures and forex markets expands investment options.
Final Thoughts:
FinViz remains a versatile and user-friendly platform, offering valuable features to a broad spectrum of investors. Despite some limitations, the platform’s strengths, including its stock screener, financial visualization tools, and extensive data, make it a powerful resource for anyone interested in investing. Whether a novice or an experienced trader, FinViz deserves consideration as part of your trading toolkit.
Frequently Asked Questions:
FinViz currently supports 14 cryptocurrency conversions, providing quotes, performance data, and charts.
FinViz sources news from well-known websites, including Bloomberg, Fox Business, The Wall Street Journal, MarketWatch, and Seeking Alpha.
Accessible via a browser on most mobile devices, although optimization is limited.
Monthly billing offers flexibility, while annual billing provides cost savings for committed users.
FinViz stands for “financial visualizations.”
Disclaimer: Investing can be quite a wild ride – especially when you don’t know the terrain! To keep things from getting too rocky, take some time beforehand to get familiar with all of the risks involved. Our site is here to up your investor game by providing all available intel about platforms and trends, but we don’t take responsibility nor can we be held accountable as advisors. That being said, it’s still important for you to make educated decisions that match what works best for YOU – just remember: no amount of savvy will guarantee success or protect against loss so invest money you can spare.
