Free stock investment tools

Mobile-first refers to the fact that Robinhood started only as an app on the phone and not a fully-fledged trading platform. This means you have to do everything via the phone, including opening, funding, and trading.

As Robinhood is a mobile-first company, this means if you trade from your smartphone on the Major U. Finviz used to be an excellent free service, but now it is all behind a paywall. To get access to anything good here in terms of an interactive free charting experience, you will need to pay a handsome sum. Finviz has many fans and some good heatmaps and visualizations, but practically none of it for free.

The integrated stock screener is also limited in functionality and usability; you cannot scan across exchanges for example. Missing a rolling EPS indicator combined with its lack of trendlines takes it out of the reckoning for overall leadership. I really like the ability to plot breaking news for a stock on the chart itself; this is really what sets it apart from the other charting tools.

For quickly referencing the global markets and perusing the news, it is an OK service. For chart analysis, it is useless. Lack of trend lines, moving averages, OBV, and index overlay mark it down heavily.

However, with membership, you can get real-time stock quotes. Google finance suffered criminally in the weakness of its charting, scoring 13 out of 28 points.

It is not all bad news. The news reports can be overlaid on top of the stock price, which is unique and valuable to the investor interested in how news plays out in the stock price.

There are many free stock charting services available, but only three are worth looking at. If you want a service that will grow with you on your journey, TradingView is the clear winner. The market for Free Chart Services is competitive, but some clear winners offer great free services and additional add-ons for a fee. Ultimately, what you select is down to your needs.

But as you mature and your investment pot grows, you will need to seriously think about selecting a Professional Grade Stock Charting Software Package. Go Pro Now. Each service was rated against 29 different factors. Those tools that offer the most flexibility, usability, functionality, and, most of all, being cost-free made the top The Market Moves Fast. Join Over 25, Liberated Stock Traders.

Leave a message. I will be sure to reply. They want to be paid. Hi, you are correct. I also mentioned it in the article. Hello Barry, there is a new stock charting launched by ChartNexus. Its now all web-based. Not only they have delayed market data, but they also have fundamental data and user custom alerts available on the platform as well.

In addition to that, the chart layout is very much customizable based on users preference. You left out Morningstar charts. Easily the best I have ever used in terms of simplicity and comparisons. Unfortunately, I believe the classic chart which gave an option for rolling returns, price and growth seems to no longer be supported. Hi Pejman, the clear leader for fundamental analysis is Stock Rover.

I manage my portfolio with it and use it for screening. For international, it is Metastock with Refinitiv or TradingView. The Stock Rover review is here, it is the best by far for fundamental analysis, and quite inexpensive.

Save my name, email, and website in this browser for the next time I comment. Liberated Stock Trader. I mean, judging you intensely every time you are going over my title, and yet again, you do your job. Lewis: Well, the f -alliteration there is because today is free.

Today we're talking about what free tools are out there for the average investor, Brian, but before we get too deep into this discussion, it's a great topic, and it's one that we are so excited to talk about because at core with the Fool, we're all about access for everyone. We are all about democratizing access to information, access to the financial markets, all of these things.

We know what an incredible wealth generator the stock market and investing can be. It's easy to forget if you've only been an investor for the last 20 years like me. I'm only It has not always been this way. We have not always had so many free tools available to us between the advent of the internet, and I feel like I'm like 80 years old saying that, and some very specific regulations that require companies to make all of the information available to everyone.

We are kind of in the golden age for individual investors. Feroldi: We really are. I mean, if you took the internet away from me, and said invest, I'd be like, I don't know what to do. I really would have no way of getting the information that I need to make investing decisions. Yes, investors today are so extremely spoiled that we have instant access to high-quality data for free. Because to your point, if you rewind the clock to just even the mid-'90s, getting into any information was not only really hard and time-consuming to do; you probably had to pay for it.

Lewis: Yeah. And I think if you were looking for a major turning point in the relationships that individual investors had with publicly traded companies, it probably was , in part because technology was catching up, and we had widespread internet, and people were able to access information. But also because that is where Reg FD was passed. This is a technical thing that I think does not get enough love. I'm going to borrow directly from a Fool. Professional financial institutions enjoyed substantial information advantages, and were often the same entities delivering financial news to the rest of the marketplace.

The investing arms of these institutions profited by using not yet public information to make stock purchases on sale decisions. In October , the SEC ruled that selected disclosures violate the spirit of public markets, and implemented Regulation Fair Disclosure.

Many influential players in the financial services industry strenuously objected and claimed that Reg FD increased volatility, stifled corporate disclosure, and eroded the relationship between public markets, and their financiers.

But Reg FD passed and was hailed as a huge victory for individual investors. One factor that led to the rules passage was overwhelming support. And awesomely enough, the Fool was a major player in that, rallying folks to send in responses to the SEC in support of Reg FD and the approximation was that two-thirds of letters that were sent there actually came by way of the Fool, either directly from employees or from people that the Fool had urged to send those letters along.

This is the foundation, Brian, in a lot of ways that we are even having this conversation today on. Feroldi: Isn't that crazy? In , which wasn't that long ago in the grand scheme of things, it was legal for companies to give insider information to some of their investors, but not to release it to the general public.

Like, that blows my mind that that was even a thing, but that's how Wall Street operated for more than a century. And if there's any persistent truth about financial markets, and incentives, people are going to hoard advantages wherever they can. It's just because there's profit-making opportunities there. Always looking to level the playing field, and this is really what has given us the widespread information that we now have access to.

Feroldi: This is probably the No. And I'm sure that there are a lot of people that are investing that are not using it, especially individual investors. The reason there is, if you click over to this, it looks, and feels like a government website. It's like you're filing a tax form.

When you dig into the details of this, some of the filing names that you have to dig through, they are confusing. So we're going to break down the most important ones in as easy a way that we can. So the No. That is the annual report for the company. And it is filled with all the information that you could possibly want about a company.

Its business, its market opportunity, its competition, management discussions are in there, financial results, its balance sheet. And accompanying that is another document that is also the second document that I go to, which is the DEF 14A. DEF 14A. Another name for that is the proxy statement, but that is going to show you all the details about management compensation, and how much stock each insider owns.

So those two documents right there, the K and the DEF 14A, also called the proxy statement, are a great starting point. Lewis: They are, and while it does have the appearances of a government website, and it is, I think spartan, and maybe not as flashy as people might expect from private industry, one thing that I do think the SEC and the government does very well here is if you go to, like, sec.

When you click into that, the selected filings that they highlight, two of them are right there that you just talked about, or maybe more. The K is right there, the Q, the quarterly reports right there, the proxies there.

We also have an 8-K, and we have ownership disclosures. At least those are front and center for people. While it may not be the most user-friendly site, boy, are we lucky to have it. Feroldi: We certainly are. And again, it's amazing the amount of information that you can get just by digging through the SEC documents. Some other ones that our listeners might be more familiar with is, when a company files to come public, one of the documents that they need to file is called an S That is essentially like the annual report, but prior to a company coming public.

It's all the information that we use to fill out our show notes on a company before they come public. When an S-1 comes public, sometimes a lot of information is missing, such as, what does the offering price?

How much are they going to raise? So because of that, some information is not filled in, such as ownership, and what post-IPO balance sheet looks like. Sometimes after a company comes public, they have to file an S-1A, and that "A" at the end means here is the missing information that we didn't have prior to the prospectus. So that is another form that you need to be on the lookout for. Lewis: Yeah, and I think one thing that is nice is if you do not feel like using the SEC interface, you can kind of be lazy and search for any company that is newly public or that you're trying to get your hands on the S-1, for example.

In the case of a business that we've talked about somewhat recently on the show a couple of months ago, Olo , say you're looking for the S Olo's S-1, drop that into Google because it's a government website, and Google tends to prioritize government resources. It is the first result. It's unavoidable, and so that's going to take you right into the document and be able to have you scroll through there, and see everything you need, and trust me, everything you need and more is going to be in that document because there's almost no one that reads the entirety of these things, Brian.

It's just too big. Feroldi: They are huge. There are a few hundred pages along in some cases, and they are filled with legalese. Thankfully, once you've read through a couple of them, you know what parts you can skim over, and what parts you need to focus on. Lewis: Yeah, that's right. This is what we're getting straight from the company. And I think it's helpful to start there in part because you're making your own decision about anything you're seeing.

I know for me personally, Brian, I really like to have a fresh look at almost any company that I am going to be discussing. We're going to get into a lot of other places that we turn for information -- YouTube channels, Twitter handles, different sites that add great commentary in context. But I think it's important for people to form their own opinion, especially as they're learning to invest in a company.

Website can be difficult to navigate. Interactive Brokers' IBKR Lite is a strong option for frequent traders: The broker offers international trade capabilities, no stock-trading commission and a quality trading platform. Over 7, no-transaction-fee mutual funds.

Webull will appeal to the mobile-first generation of casual investors with its slick interface for desktop and mobile apps, but the brokerage also delivers an impressive array of tools for active traders. However, its relatively weak educational content may leave true beginners in the lurch, and it lacks access to a few common asset classes. Mutual funds and bonds aren't offered, and only taxable investment accounts are available.

Still, if you're looking to limit costs or trade crypto, Robinhood is a solid choice. Axos Self-Directed — with its affordable trading fees and easy integration with Axos Bank — make the provider a logical pick for existing Axos customers or investors who are looking for a one-stop shop when it comes to banking and investing.

Advanced, active traders may be better off relying on mainstays. Expansive selection of low-minimum mutual funds. Some features require a premium subscription. Morgan Self-Directed Investing is a clear-cut investment platform that is great for beginners looking to learn how to buy and sell investments. More advanced investors, however, may find it lacking in terms of available assets, tools and research.

Disclosure: The author held no positions in the aforementioned securities at the time of publication. Our aim is to provide an independent assessment of providers to help arm you with information to make sound, informed judgements on which ones will best meet your needs. We adhere to strict guidelines for editorial integrity. We collect data directly from providers through detailed questionnaires, and conduct first-hand testing and observation through provider demonstrations.

The final output produces star ratings from poor one star to excellent five stars. Ratings are rounded to the nearest half-star. For more details about the categories considered when rating brokers and our process, read our full methodology. Learn more. Merrill Edge. View details. Why we like it Merrill Edge offers high-quality customer service, robust research and low fees. Pros Robust third-party research. Integrated with Bank of America. Cons Advanced traders may find fewer securities on offer.

Investing Software Here are two sites with dozens of free investing programs that you can download. Look through here for any that might spark your interest: Free Software Investment Tools.

Investment Calculators Here is a site with dozens of free investment calculators: Investment Calcuators. Major Trend Indicator. Related Posts.