Benzinga vs. The Competitors Examined

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This Benzinga Professional assessment and take a look at discovers a quick, reliable real-time information service tailor-made for merchants with information impression scores and an audio squawk field. In comparison with its opponents, MetaStock, Bloomberg, and Refinitiv, Benzinga Professional presents an analogous service at a severe pricing low cost.

I’ve been utilizing Benzinga Professional for over 5 years, so prepare for a particularly in-depth analysis of the service. Is Benzinga Professional altering monetary information? Let’s discover out as I deep dive to find the actual energy of Benzinga.

Benzinga Professional Overview Rankings

MetaStock Score 4.7/5.0
💸 Pricing & Software program ★★★★★
🚦 Information Alerts ★★★★★
📡 Screening ★★★★✩
📰 Information & Social ★★★★★
📈 Charts ★★★★✩
🔍 Evaluation ★★★★✩
🖱 Usability ★★★★★

Benzinga Professional Overview Abstract

This Benzinga Professional assessment reveals it’s best for merchants who need a high-speed actionable real-time information feed that prices 1/tenth of the value of a Bloomberg terminal. Benzinga Professional consists of charts, financials, screening, choices mentoring, and a strong calendar suite to get a buying and selling edge.

I really useful Benzinga Professional for energetic day merchants and buyers who wish to commerce information occasions with unique options like information sentiment indicators, newsdesk entry, and market-moving information alerts.

Benzinga Professional Overview Key Options

⚡ Options Actual-time Information, Calendar, Charts
🏆 Distinctive Options Squawk, Information Sentiment, Information Score
🎯 Greatest for Inventory, Fx & Crypto Merchants
♲ Subscription Month-to-month, Yearly
💰 Worth $79-$117/mo
💻 OS PC, Mac, Internet
🎮 Trial 14 Day Free
✂ Low cost Code -25% Code “SMARTER”
🌎 Area North America
Benzinga Pro Review
Benzinga Professional Overview
Liberated Stock Trader Review Winner
Benzinga PRO, Winner Greatest Actionable Information Service For Merchants

Professionals

  • The Quickest Actual-time Information Feed
  • Stay Audio Information Squawk Field
  • Commerce & Choices Alerts Configurable
  • Analyst Score Calendar
  • Worth Change Since Information
  • Sentiment Indicators
  • Information Rated for Affect
  • 1/10 Worth of Bloomberg

Cons

  • No Dealer Integration for Stay Buying and selling
  • Primarily North America Focus
  • Lacks Highly effective Technical Evaluation

Strive Benzinga Professional for Free

All of us see the information on TV and the online, however how a lot of it will probably you utilize that will help you make buying and selling earnings? Benzinga makes a speciality of its dedication to real-time actionable information for merchants and buyers. I’ve been actively utilizing Benzinga as an investor for a few years, so I hope my assessment is beneficial.

Benzinga Overview Video

What’s Benzinga Professional?

Benzinga Professional is a real-time information service designed for day merchants and is a fraction of the price of a Bloomberg Terminal. Benzinga delivers worth with quick real-time market-moving information to present you a buying and selling edge. Moreover, a squawk field, direct entry to the information desk, and authentic reporting offer you a major benefit.

Is Benzinga Credible?

Sure. Benzinga is a reputable information supply established in 2010 by Jason Raznik. Benzinga is a serious newswire using many reporters and working a reside newsdesk. Benzinga offers information to brokerages and different information shops similar to TradeStation, TD Ameritrade, MarketWatch, Bloomberg, Thomson Reuters, and lots of extra.

Is Benzinga Professional the Greatest Day Buying and selling Information Feed?

Benzinga produces a variety of authentic information reporting themselves, however in addition they companion with a number of the greatest buying and selling information feeds to supply full information protection to their prospects. Present tier one companions are FXStreet, Dxfeed, New York Instances, In search of Alpha, Morningstar, Enin, and StockSnips.

Is Benzinga Dependable?

Sure, Benzinga Professional is a dependable unbiased producer of real-time information. Having examined Benzinga Professional for a few years I’ve by no means questioned its reliability and availability throughout market buying and selling hours. Information alerts are delivered quick and my electronic mail pre-market briefs at all times arrive on time.

Benzinga Opponents & Options

Benzinga Professional’s key opponents are MetaStock, Reuters Eikon, and Bloomberg. Benzinga delivers newsfeeds as quick as its rivals, however beats them on worth. Benzinga Professional prices $117 per 30 days in comparison with MetaStock Refinitiv at $250 per 30 days or Bloomberg at $2,000 per 30 days.

Benzinga Professional vs. Refinitiv vs. Bloomberg vs. MetaStock

Whereas Benzinga Professional beats the competitors on worth, it focuses particularly on actionable US information for merchants. Whereas Refinitiv, Eikon, and Bloomberg present a world monetary newsfeed. Moreover, Bloomberg requires a devoted {hardware} terminal.

Information Service Benzinga MetaStock Refinitiv Eikon Bloomberg
Actual-time Information
Worth /month $117* $250**§ $1,833** $2,000**
Worth /12 months* $1,440 $3,000 $22,000 $24,000
Highly effective Chart Evaluation
Devoted {Hardware} No No No Sure

Desk 1: Benzinga vs. Bloomberg vs. MetaStock Worth Comparability *North America Knowledge **World Knowledge § MetaStock + Xenith Add-on.

As you possibly can see, when it comes to pricing for real-time information Benzinga Professional is half the value of its nearest competitor MetaStock Xenith. Nonetheless, MetaStock does include compelling inventory chart evaluation, backtesting, and forecasting.

Benzinga Professional Value

Benzinga PRO prices $79 per 30 days for the Fundamental plan, which provides you real-time newsfeeds and watchlist alerts. Benzinga Professional Important prices $117 per 30 days, including the Squawk Field, Calendars, Sentiment Indicators, and the Chat with Newsdesk performance.

Fundamental Important Choices Mentor
$79* $117* $281*
Actual-time Newsfeed Actual-time Quotes Buying and selling mentorship
SEC Filings Audio Squawk Choices internal Circles Chat
Watchlist & Information Alerts Newsdesk Chat Nic Chahine’s Studies
Calendar Suite Sentiment Indicators

Desk 2: Benzinga Professional Prices. *Value per 30 days on yearly subscription

Benzinga Professional Low cost Code

Our partnership with Benzina means you will get 25% off the Benzinga Professional subscription plan with code “SMARTER”. The low cost will apply so long as the subscription is energetic and likewise applies to the Benzinga Choices Mentorship addon.

25% Low cost Code

SMARTER

Benzinga Free Plan

Benzinga is among the main information suppliers you could have in all probability by no means heard of. They provide an enormous quantity of free information and thought-provoking authentic articles geared toward merchants and buyers totally free on their web site.

Benzinga Professional can be an essential software in case you are a severe dealer or investor using information to tell your decision-making. If you’re buying and selling short-term choices at quarterly earnings bulletins, or you could have a major stake in an organization and have to be the primary to know if the inventory would possibly tank as a result of a failed FDA approval, then it would be best to improve to the Benzinga PRO Service.

Benzinga Professional Fundamental Options

Benzinga Professional Fundamental prices $79,-/m paid yearly or $99,-/m on a month-to-month subscription. You get real-time information, commerce alerts, watchlist alerts, market-moving information, SEC filings, and the calendar suite of instruments for this funding.

I’ll run via all of the options obtainable within the fundamental bundle and present how they may also help your buying and selling.

Actual-Time Information BZWire Entry

Core to the Benzinga Professional service is entry to the real-time newsfeed, which updates rapidly and successfully. BZWire consists of all Securities & Trade Fee (SEC) information and real-time PR newsfeeds. These might be extremely essential as a result of SEC/FDA bulletins can significantly transfer shares.

Additionally, essential firm PR bulletins are exactly timed to coincide or counteract the information, so receiving these as rapidly as potential is a severe bonus.

The Core Benzinga Pro Newsfeed - Red for Bearish - Green Ticker For Bullish
The Core Benzinga Professional Newsfeed – Purple for Bearish – Inexperienced Ticker For Bullish

Don’t underestimate the newsfeed; it’s really monumental. Regardless of the depth of monetary content material being launched each minute, the Benzinga PRO web-based software is high-speed, responsive, and configurable. The configurable nature of the newsfeed is what makes the service so good.

I personally solely wish to see Market Shifting Exclusives, Exclusives, Scorching Information, Market Updates & Tech, and they’re readily selectable. There are 20 classes to select from, and every sort of reports might be color-coded to match your necessities.

Benzinga Pro Review: Configuring Your Benzinga Newsfeed
Benzinga Professional Overview: Configuring Your Benzinga Newsfeed

Benzinga Newswire Classes

Analyst Rankings IPO’s
Bonds Insider Trades
Commodities M&A – Mergers & Acquisitions
Dividends Market Shifting Exclusives
ETFs Market Updates
Earnings & Steering Choices
Exclusives Rumors
Foreign exchange Brief Sellers
Futures Commerce-Concepts
Scorching SEC
Inventory Splits Tech

Desk 3: Benzinga Newswire Classes – My Favorites in Purple.

It’s also possible to choose to get the information delivered from Benzinga companions; this consists of many various information firms and on-line shops such because the New York Instances and even searching for Alpha.

Set Alerts On Your Specific Watchlists
Set Alerts On Your Particular Watchlists Or Classes Of Information

Newsfeed Alerts

Benzinga Professional newsfeed alerts permit you to set particular alarms on inventory market sectors or classes. You possibly can choose to be alerted through electronic mail, desktop pop-up, or a sound if any scorching information or market-moving information is introduced.

Alerts are massively useful for the dealer, so you don’t want to observe the newsfeed regularly; you might be buying and selling and listen to the alarm as a name to motion.

WatchList Commerce Alerts

Benzinga Professional allows you to arrange as many watchlists as you want, and you’ll obtain alerts on particularly these shares within the watchlist, for instance, these shares that actually matter to you. You may get real-time alerts and abstract emails to your watchlist.

Benzinga Calendar Suite

Beneath we see the Benzinga Calendar. You can immediately see what macroeconomic information is upcoming, however what you additionally see within the “significance” column on the proper is the potential impression of the information as rated by the market analysts at Benzinga.

Economic Calendar With Announcement Important Ratings
Financial Calendar With Announcement Necessary Rankings

As you open the filter on the proper, you possibly can filter on something from nation, time, and particularly the significance of the information. The granular degree of filtering allows you to extract all the worth out of the information by solely seeing the potential market-moving information.

Benzinga Professional creates wonderful worth for the dealer.

Worth Change Since Printed

Benzinga prides itself on releasing information in time so that you can react to a market transfer and revenue. And to show this actual level, they’ve added a characteristic known as Change Since Publish, an easy improve to the present newsfeed that demonstrates their continuous innovation.

Should you hover your mouse over any inventory ticker within the superior newsfeed, you will notice a mini-chart seem, enabling you to see if the information positively or negatively impacted the inventory worth. A really good characteristic that I’m positive can be additional developed sooner or later.

2 Day 21% Increase In Stock Price Since News Announcement
2 Day 21% Enhance In Inventory Worth Since Information Announcement

Within the instance above, you possibly can see an announcement that Cronos Group will obtain a strategic funding from Altria; the inventory moved 21% over the following two buying and selling days.

Right here is one other instance of how real-time information can impression the market. Within the instance beneath, President Trump introduced that the Farm Invoice is in “good condition.” Benzinga has categorized all potential firms that might profit from a optimistic farm invoice and grouped them right into a “Change Since Printed” report. Contained in the chart, you will notice a vertical line or a Change Since Publish label; this vertical line is the precise time the information broke on the Benzinga newswire.

Immediate Impact Of A Presidential Announcement On Stock Price
Speedy Affect Of A Presidential Announcement On Inventory Worth

As you possibly can see from the six shares that Benzinga analysts focused, 4 shares are gaining because the information was launched; that’s what’s known as an edge out there.

Safety SnapShots

Distinctive to Benzinga is the Safety Snapshot View, primarily a abstract of all of the important Information, Fundamentals, and Charts. Snapshots are designed to present you a clear, fast view of the entire image for a given inventory, together with all of the core monetary paperwork like stability sheets and earnings assertion info.

The Beautiful, Easy To Read Snapshot Of COmpany Performance
The Lovely, Straightforward To Learn Snapshot Of Firm Efficiency

So we will see the fundamental bundle already unlocks a variety of worth, the real-time streaming newsfeed, and the sources of reports solely from Benzinga and tier 1 companions. The true energy is filtering the noise and specializing in the essential market-moving information, plus getting alerted when the information breaks. You get all this within the fundamental bundle.

In Abstract, the Benzinga Fundamental Package deal is exceptionally cost-effective. It offers you entry to real-time information at a fraction of the price of different information suppliers like Bloomberg and Reuters, providing you with knowledgeable edge with out the expense.

Benzinga Professional Important prices  $117,-/m paid yearly, or $147,-/month paid month-to-month and offers real-time quotes, audio squawk field bulletins, chat to the newsdesk, plus the wonderful and distinctive information sentiment indicators.

Benzinga Analyst Score Calendar

The steering part of the Benzinga Professional calendar suite is designed to supply real-time alerts on analyst upgrades and downgrades. Merchants pay severe cash for this type of information as a result of Wall Avenue analyst steering modifications transfer shares and impression markets.

Think about having these analyst scores streamed in real-time to your desktop. Within the picture beneath, you possibly can see I’ve a column highlighting the corporate image, the analysts protecting the inventory, the analyst title, and the motion. On this occasion, you see there’s a downgrade for VNDA.

Real-time Analyst Rating Calendar With Benzinga PRO Essential
Actual-time Analyst Score Calendar With Benzinga Professional Important

I dropped down the calendar choice field (on the proper) to indicate you the differing types you possibly can select from. The calendars cowl every part, together with upcoming convention calls, dividends, earnings, economics, earnings steering, IPO’s, retail gross sales, SEC filings, secondary choices, and cut up bulletins.

Benzinga Professional Squawk Field

Benzinga’s Squawk Field frees you from staring on the on-screen newsfeed by having the newsroom reporters learn the newest high-impact information reside because it hits the feed. Squawk is among the greatest advantages of the Benzinga Professional Necessities service.

Audio Squawk Box From Benzinga
Audio Squawk Field From Benzinga

That is spectacular; I’ve it open whereas watching the markets, so I don’t want to observe the display continually. Each 2 minutes, a real-time audio feed pronounces the newest scorching information through my PC audio system; this service alone is definitely worth the improve to Benzinga PRO Important.

As I used to be penning this, an announcement got here via that Novartis acquired FDA approval for a brand new drug. I simply checked on-line; this isn’t on the internet but, nor introduced on Bloomberg TV. Now that is a bonus value shopping for.

Sentiment Indicators

The Core Benzinga Pro Newsfeed - Red for Bearish - Green Ticker For Bullish
The Core Benzinga Professional Newsfeed – Purple for Bearish – Inexperienced Ticker For Bullish

Information sentiment indicators are an modern characteristic that permits you to see the sentiment of the analyst who submits the information merchandise; you see this within the coloration of the ticker image; purple is bearish, inexperienced is bullish; that is distinctive and a terrific asset.

Chat with Information-Desk

Think about chatting instantly with the analyst or reporter that submitted an article. This characteristic permits you to do exactly that by instantly questioning the Benzinga information desk to dive deep into your particular questions straight from the information hub. The information group additionally highlights what they consider to be essential information through the sentiment indicators (just for Benzinga Professional Important customers).

Benzinga Alerts

Signals By Benzinga, Highlighting Market Moving Block Trades
Alerts By Benzinga, Highlighting Market Shifting Block Trades

One other instance of how Benzinga is regularly innovating; the Alerts setup creates a feed with block commerce or worth spike information that instantly impacts a inventory’s provide and demand stability at a foundational degree.

Let’s check out a block commerce. A block commerce is an enormous quantity of inventory both purchased or offered. Block trades impression worth, and you’ve got the choice of participating in that worth transfer or not, relying on the route of the commerce.

Block trades are particular, highly effective buying and selling methods. Watch the block trades roll in, observe the route, and make your commerce. See a colossal block commerce promote, purchase Put Choices, see a block commerce purchase, purchase calls.

Unique CEO feedback

Benzinga Analysts have frequent unique interviews with CEOs, they usually publish solely important feedback that will present key insights right into a inventory you personal.

In-Particular person Occasion Protection

When Benzinga has a reporter at a reside earnings announcement occasion, you possibly can hear instantly from them. Should you commerce earnings, that is your ticket to sitting on the occasion itself, getting analyst suggestions because it occurs; you don’t want to attend for the earnings transcript.

Benzinga Choices Alerts & Calendar

Benzinga presents Inventory Choices Alerts that ship alarms when anomalies or alternatives come up in choices pricing; that is designed to present choices merchants an edge by highlighting probably exploitable conditions. Choices exercise is a particular improve for all Important service pricing.

Benzinga PRO Necessities Abstract

As you possibly can see, the Important service brings collectively a bunch of further companies that can be very worthwhile to these institutional buyers eager to reap the benefits of SEC filings or these watching so many shares they want squawk field performance.

Benzinga Professional Inventory Charts

Benzinga Professional has dramatically improved its technical evaluation charting over the previous few years by integrating a cut-down model of TradingView (our buying and selling software program assessment winner). The TradingView integration presents 120 indicators, real-time shares charts, and 7 chart sorts, together with bars, candles, Heiken Ashi, Line, Space, and Baseline charts. Now you can draw on charts and carry out strong technical evaluation.

How I Configure the Benzinga PRO Actual-Time Newsfeed

I’ve been utilizing Benzinga PRO for 5 years now; the information platform is exceptionally configurable and might run in a number of home windows on a number of displays. Within the screenshot beneath, you possibly can see how I’ve my Benzinga Professional interface configured.

  • My Present Trades within the watchlist (center white field)
  • Necessary information Solely – I’ve configured the highest proper columns in purple to indicate me the essential probably market-moving information, which is a good characteristic.
  • Immediate Firm Particulars Drill Down – Backside Proper for Monetary Information, Calendar & Charts
  • Fast Entry to Highly effective Options – Inventory Screener, Customized Alerts, Squawk Field, and Chat (Left-hand facet)
Benzinga Streaming News Feed Screen Shot - Benzinga Pro News Platform Highlights - Important News, Watchlist - Price Quotes
Benzinga Streaming Information Feed Display Shot – Benzinga Professional Information Platform Highlights – Necessary Information, Watchlist – Worth Quotes

Benzinga Professional is extraordinarily highly effective but straightforward to make use of, which is usually a fragile stability to strike, and to prime all of it off, they’ve additionally now added real-time worth quotes to the service, so you possibly can see when information breaks what the impression is on the inventory worth.

Is Benzinga Professional Price It?

Sure, Benzinga Professional is value it in case you are day buying and selling real-time information occasions as a result of quick entry to market-moving information offers you an edge in your buying and selling. Audio squawk field, information sentiment indicators, and real-time alerts are highly effective options enabling you to behave rapidly to enhance buying and selling earnings.

Benzinga Pro Review: Benzinga vs. The Competition Tested - 25My favourite options are the real-time information and watchlists, however the calendar is great and comes with the Benzinga PRO Fundamental version bundle.

The audio information squawk feed, sentiment, and chat with news-desk options are potent upgrades within the Necessities Package deal. The highly effective calendar go well with and Benzinga Alerts are large promoting factors to the service.

Ideas for Merchants With A Small Portfolio.

You probably have solely $5,000 or $10,000 to commerce or make investments, it doesn’t make sense to go for the Necessities Package deal for $117– per 30 days; this may eat up an excessive amount of of your funding, so select the Benzinga Professional Fundamental Package deal.

Ideas for Merchants With Bigger Positions

Suppose you could have a extra substantial portfolio with vital particular person short-term trades in particular shares. In that case, it would be best to know the information and sentiment earlier than anybody else and have ringside seats to the company earnings bulletins and rumors. On this case, it would be best to go for the Necessities Package deal.

If you’re severe about buying and selling within the inventory market and want real-time entry to the information that strikes markets, then Benzinga Professional is a realistically priced and very quick information service that’s designed by merchants for merchants.

On this fast-moving world, that is an efficient software.

So, Benzinga could also be an odd title for a enterprise, however they’re lethal severe about offering the most effective, quickest, and most cost-effective real-time information service to present you an edge out there.

Get 25% off Benzinga Professional

I might love to listen to your suggestions on utilizing Benzinga, so please put up your feedback beneath.

Are You Trying For Inventory Investing & Buying and selling Software program? Right here Are My Favorites.

My favourite software program for buying and selling is TradingView as a result of it does every part effectively. It has backtesting, nice charts, inventory screening, and an energetic neighborhood of over 3 million folks sharing concepts, plus a free plan obtainable globally.

My favourite software program for investing is Inventory Rover, because it makes a speciality of deep basic monetary screening, analysis, and portfolio administration. It’s the splendid platform for dividend, worth, and development investing.

My favourite software program for inventory market information is Benzinga Professional, with its super-fast real-time information engine, squawk field, and information impression scores.

My favourite AI buying and selling software program is TrendSpider which permits computerized sample recognition for Trendlines, Candlesticks, and Fibonacci ranges. Commerce Concepts makes use of AI to generate excessive chance each day buying and selling alerts for auto-trading.

My favourite stock-picking service is Motley Idiot Inventory Advisor, which has a confirmed monitor file of beating the market with wonderful inventory analysis studies.

Learn the Full High 10 Inventory Market Software program Testing & Overview

Benzinga Professional
Benzinga Pro Review: Benzinga vs. The Competition Tested - 27

This Benzinga Professional assessment reveals it’s best for merchants who need a high-speed actionable real-time information feed that prices 1/tenth of the value of a Bloomberg terminal. Benzinga Professional consists of charts, financials, screening, choices mentoring, and a strong calendar suite to get a buying and selling edge.

Product SKU:
NA

Product Model:
Benzinga

Product Foreign money:
USD

Product Worth:
79

Worth Legitimate Till:
2025-02-11

Product In-Inventory:
InStock

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