Every investor needs tools to assist them in making the right decisions, and one of the most vital ones is the right stock screener. FinViz is one of the most popular online stock screening, visualization, and research platforms, offering a wide range of tools, from a heatmap to charting, in one place. In this FinViz review, we take a closer look at the stock screening platform, from the free offerings to the premium features. We hope we’ll be helpful in guiding you to figure out whether it’s the right tool for you.

FinViz Overview

FinViz stands for Financial Visualizations, and it is a stock screener that provides investors with a wide range of features like a stock screener, backtester, real-time information, market visualization, financial statements, email alerts, and more, all in a single platform. 

The company was founded by Juraj Duris in 2007, and he is currently the president. The headquarters of FinViz is in Slovakia. At first, it was a passion project organized by Duris to break down financial data for individual traders and investors. Now, it has become a major platform being used by thousands of users, including professional traders, individual investors, academic institutions, and portfolio managers. 

The FinViz website is suitable for short-term and long-term investors who want to find profitable stocks. The stock screener offers a specific search criterion using custom filters, including technical, descriptive, and fundamental filters. The platform has three versions: the first one does not require you to register, the second is free, and the third is a premium subscription. 

The FinViz stock charts make it easy to understand stocks in different sectors. It analyzes information generated by the stock market by filtering noise, creating snapshots, and analyzing data. The stock screener can also perform up to 24 years of backtesting with 102 technical indicators. 

Who is FinViz Best For? 

If you’re an investor who wants to visualize the entire stock market using a single portal, then you should consider the FinViz stock screener. It is suitable for beginners and experienced traders. A novice investor can benefit from the news streaming and charting tools. There are also thousands of stocks featured on the screener, making it easy to filter hundreds of stocks at the same time.

Although FinViz.com is not suitable for active day traders, it’s the best stock screener for long-term investors and swing traders who don’t need quick data before making decisions. Its free plan is also generous, offering detailed information for each stock.

If you’re a professional investor, you can consider the FinViz pricing plan, which comes with features like backtesting, real-time stock quotes, alerts, and advanced charting. All of these provide an all-in-one stock screening and research platform for any investor. 

Key Features of FinViz 

In this FinViz stock screener review, we take a closer look at the key features of the platform that you can expect when you sign up. Although you get access to some tools for free, some of these features are available when you register for the paid plan.

There is a variety of FinViz stock charts, including daily charts, candlestick charts, bar charts, and advanced charts, all of which come with 17 chart indicators. There are more interactive charts available to premium members. There are also heatmaps, insider trading information, backtesting, email alerts, and a news feed. Let’s go into detail on the features available on FinViz.

FinViz Stock Screener 

The FinViz stock screener app allows you to filter over 8,500 stocks and ETFs to find what is suitable for you easily. The screener will not cover the entire stock market, but it features the major assets that most investors, whether beginners or experienced investors, will need.

One of the highlights of the FinViz dividend screener is that it features over 60 technical and fundamental filters you can use to find stocks, and it is easy to use. You can also find potential stock investments with 30 different charting signals. 

However, the FinViz website does not come with extra search filters or pre-built screeners like other stock screeners. Some of their specific chart-based signals include new highs, lows, analyst upgrades, double tops, oversold, insider buying, and head & shoulders. The mix of screening tools makes it suitable for short-term and medium-term investors. 

Charting Features 

Many investors need charting tools for analyzing and reviewing their stocks. Fortunately, the FinViz stock charts are available for all the premium subscribers. The different types of charts available on FinViz include candle, advanced, performance-based, line, and interactive charts. You only get interactive and performance-based charts on the paid plans.

When setting up charts with your FinViz subscription, you get access to all the time frames, including monthly, weekly, daily, and intraday. If you’re a free user, you get all the time frames except intraday. Under each chart, you get additional data like outstanding shares, market capitalization, and stock earnings. Other available information includes news, balance sheets, income statements, and cash flow. So, the charting features give full details on your preferred stocks. 

Heatmaps 

The FinViz review will not be complete without exploring the heatmaps feature. Heatmaps allow users to visualize the market by sector and industry. It will display the stocks according to their performance with color coding and also display their current performance percentage. To know more about an asset, click on it. 

You can visualize all the FinViz stocks performance with the heatmaps, making it easy to find trading opportunities. When using the tool on a desktop, you can hover your mouse over the stocks to see the current performance, direct competitors, and mini-line chart. 

With the heatmaps, you can visualize stock markets based on stock price performance, P/E, dividend yield, EPS, analyst recommendations, volume, PEG, float, and EPS. The FinViz day trading screener also allows you to click on a stock and navigate directly to the data and chart of a company. It’s easy to use and efficient. 

Groups Tab 

FinViz comes with a Groups Tab, which allows you to visualize the performance of stocks in the US sectors and industries. It offers analysis based on daily, weekly, quarterly, or yearly data. So, you can always check which sectors are doing well and find the best stock investment opportunities. The FinViz Groups Tab comes with industry and sector analysis that beginners and experienced traders can benefit from. 

Backtesting 

If you pay for a FinViz subscription, you can use the backtesting feature. The backtesting tool provides 24 years of data with over 100 indicators. It also features stock chart pattern detection, so it’s easy for investors to test strategies before they start using them. You can backtest your investment strategies over an extended period.

You don’t need any coding skills when backtesting with FinViz. It is solid and incredibly flexible to use. However, there are still some downsides to keep in mind when using the backtesting feature. It does not report trades, ratios, or drawdowns like other FinViz alternatives, which might be a downside. It will give you the big picture of your strategy. 

FinViz Portfolio 

You can also consider the FinViz portfolio feature, which is available on the free or paid account. As long as you are registered, you can use this feature. The portfolio management feature is basic and works like a watchlist. It’s easy to export the results of the screener into your portfolio.

The FinViz portfolio management feature allows you to create about 50 unique portfolios, all of which contain 50 different tickers on the free plan. Then, with the paid plan, the limit will increase to 100. Also, premium members can set portfolio alerts. 

Insider Trading Insights 

When using FinViz.com, you get access to insider trading insights. This is a helpful feature that will track insider trading. It provides a list of transactions that were provided by company executives. The trading insights are a good indicator that allows investors to make predictions based on a company’s stock. It’s easy to find out how a stock will move in the future. 

Market Data and News 

There’s no screening and charting tool that is complete without a section for news, data, and resources. The FinViz dividend screener is an aggregator of financial data and news, all sourced from top platforms like Bloomberg, Wall Street Journal, MarketWatch, WSJ, Fox, New York Times, and CNN Money. 

The news and market data feature will keep all free and paid subscribers updated with the latest financial news, which can help them make good financial decisions. Registered users will get real-time quotes that make it easy to decide before investing in the stock market. 

Although FinViz.com combines news from different outlets, some sources, like the New York Times and Bloomberg, require extra fees if you want to read the full article. You can also set up the platform to receive an alert whenever something is happening to a stock in your portfolio. Also, the software does not have a community of traders or social trading features. 

Forex and Futures 

The FinViz stock screening platform also includes forex and futures, so you are not limited to only stocks. The futures and forex market section will provide you with charts, heat maps, and quotes for these assets. This is suitable for those who want to diversify their investment and go beyond stocks. 

Forex and Crypto Heatmaps 

Aside from using the heatmaps to check the performance of stocks, you can also use the FinViz heatmaps to analyze cryptocurrency and forex pairs. There are about 15 crypto coins and 12 foreign exchange pairs available on the platform. 

You can track these cryptocurrencies and forex pairs, but there is no background analysis on them. If you click on any chart of the cryptocurrency or forex pairs, you can view an interactive chart. But you can save the settings and annotations on the heatmaps. 

Educational Resources 

Whether you’re registered or unregistered on the FinViz website, you get access to different educational resources. These resources will be useful to both novice and experienced traders who need to understand the intricacies of the stock market. These include helpful articles on stocks, a glossary of financial terms, and tutorials that teach you how to use FinViz.

All the materials available will help new traders understand complex information related to stocks, futures, and the forex market. There is also a free tutorial and a beginner’s guide. Users on FinViz can access real-time data, analysis, and news related to different markets. The Learn FinViz Screener platform is an educational source that allows you to learn more about trading tools and resources. 

How to Use FinViz 

The FinViz website is easy to navigate and use, both for beginners and experienced users. Here’s the process to get started with the platform. 

1. Open FinViz.com on your desktop device. 
2. Click on Register.
3. Then, you can enter your email and create a password.
4. From there, you can click on Register.

It’s pretty easy to sign up, and you also get access to information when you use FinViz as an unregistered user. Once you open the platform, you can navigate to the stock screener and other features using the different tabs like the Technical and Groups tab.

Is FinViz Easy to Use? 

Before you use the FinViz website or app, you might be wondering if it’s suitable for beginners. Fortunately, FinViz is very easy to use, especially when you become used to how the software works. The stock screener can work on PCs, Macs, tablets, and smartphones through a browser, and it does not require any downloads.

First, you register and complete the FinViz login process. This takes you to the home screen dashboard, with a full view of market performance for the trading day. In a single glance, you can view news, insider traders, and the top moving stocks. 

But, there are some limitations to using FinViz that you have to keep in mind. For one, the real-time data will only update once a minute, so it’s not exactly giving you live information. This might not be suitable for day traders. Also, FinViz.com might have an interactive charting feature on the paid plan, but you cannot save notes or add indicators. The backtesting reports are not very detailed, too, giving only a brief glance at the stock’s performance or strategy.

FinViz App and Mobile Compatibility 

There is no downloadable FinViz mobile app for Android and iOS devices. Instead, you can only access the platform through web browsers, and it’s recommended to use it on computers and tablets. Since it’s a browser-based stock screener, you can open the website on any device, although you can view charts and visualizations better on a bigger screen.

However, FinViz features a desktop app that can be downloaded on Mac, Linux, and Windows devices. The apps are available on WebCatalog Desktop and come with features like distraction-free windows. You can also switch between different accounts without changing your browser.

FinViz Pricing Review 

If you’re worried about FinViz pricing, you should know that the platform only has one paid plan. Aside from that, it has features for unregistered users and a separate set of tools for users who have registered but did not pay. 

Unregistered 

Unregistered users on FinViz can get access to a lot of information, even without starting the FinViz login process. By using the website alone, you can check the list of stocks available on FinViz, all of which are available on the stock market. You can analyze the stocks individually or look at the entire market at once. 

If you are an unregistered user on the FinViz website, you can click on a stock ticker to get delayed chart information, stock information like ROI, average volume, price change, and news feeds for that stock. The charts, screening, and quotes will give you delayed information. 

Also, the maps and groups are loaded in 3 to 5 minutes. Unregistered users also get statements as far as three years. On the unregistered plan, users get 20 tables, 36 charts, and ten snapshots for screening.

Free 

By following the FinViz login process, you can register for free and enjoy a few more features than an unregistered user. By signing up, you can track up to 50 portfolios at the same time. It also gives you access to 50 tickers per portfolio, and you can use a maximum of 50 screener presets. The free account will also give you access to layout customization. 

If you’re wondering is FinViz free, then the answer is yes. The free account comes with a layout and signals for layout customization. It also has the same number of tables, charts, and snapshots as unregistered users. The screening, quotes, and charts are delayed, while the maps and groups take up to 3 to 5 minutes. 

Elite 

It’s a good idea to take a look at FinViz Elite reviews, as this is the paid plan offered by this stock screening and research tool. Once you pay for the subscription, you will get full access to all the FinViz features.

The FinViz Elite cost is $24.96 per month, which is quite affordable when compared to other stock screeners. When you pay for the Elite plan, you will get real-time stock quotes and market data, both pre-and after-market. It also provides you with advanced charting, advanced screening, performance tracking of correlated stocks, backtesting, and custom alerts and notifications.

All the quotes, screening, charts, maps, and groups are provided in real-time, making it convenient for use. It also provides intraday charts, technical studies, advanced charts, and technical studies backtesting. You can set alerts for prices, ratings, insider trading, and news. The fundamental charts that are available include EPS, sales, and shares.

The Elite plan also provides correlations and officers. From our FinViz Elite review, we found that it offers statements dating back to 8 years. It also provides a maximum of 100 portfolios per user, 500 tickets per portfolio, and 200 screener presets. You can also export screeners and set custom ranges for your screener. 

Keep in mind that there is no FinViz free trial, so you can either choose a free plan or pay for the monthly subscription plan. If you are not satisfied with the platform after you sign up, you can ask for a refund. 

FinViz Reviews from Real Users

It’s important to check FinViz reviews from real users online and learn more about the platform’s reputation before you sign up. On Trustpilot, FinViz.com has a 3.3 rating from 15 reviews. It also has a 4.4 rating on Sitejabber. 

FinViz has also been named one of the best stock screeners of 2024 by Investopedia, especially for swing traders. But on WallStreetZen, a review blog, it only has a 2-star rating out of 5 stars. You can also find a lot of reviews of FinViz on Reddit, which will shed more light on the platform. 

Is FinViz Elite Worth It? 

From our FinViz Elite review, you can see that the paid plan is worth it. The FinViz Elite is worth its cost of $24.96 per month, especially for beginners and budget-conscious traders. This is especially true when there are other stock scanners that cost over $150 per month. 

The FinViz Elite plan is especially suitable for active traders or investors who require detailed data and sophisticated charting tools. With the paid plan, you can refresh the real-time stock data at any time and get speedy quotes in a few seconds. But with the free plan, the data is delayed. 

Is FinViz Worth It? 

Whether you get a FinViz subscription or not, you need to determine whether his stock screening tool is worth it. The stock screener has over 8,500 stocks and ETFs, with 67 fundamental and technical criteria that are suitable for swing traders, budget-conscious traders, beginners, and experienced investors. 

One of the highlights of FinViz is that the free plan offers quick stock screening, stock chart pattern recognition, and heatmaps. So, FinViz is definitely worth it for anyone who wants to visualize a large amount of data on stocks very quickly. 

Final Verdict of the FinViz Review 

FinViz is a user-friendly and versatile stock screening platform that meets the needs of different investors, including those who want to diversify their portfolios. It’s a comprehensive stock screening platform that offers financial virtualization tools and detailed information on stocks, making it a reliable resource for beginners and experienced investors.

Although FinViz comes with limited charting capabilities and its data updates are not always real-time, there are a lot of valuable features offered at an affordable price. You also get significant value in the free version.

The easy-to-navigate interface and visual representation of data on the FinViz website will be beneficial to beginners, and there are more advanced features for experienced investors, like stock screener, backtesting, and a heatmap. Plus, users can learn more about the platform with its news aggregation feature.

In conclusion, FinViz is a robust platform that can help investors make informed decisions. It will definitely be a valuable part of your trading toolkit.

If you’re looking for more stock screener alternatives to compare before you decide, here’s our list comparing the top 10 screeners on the market. 

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