Should You Invest in this Market Research Tool?
As you sit at your desk, staring at the charts and graphs on your computer screen, you can’t help but feel overwhelmed. There’s so much information, and you’re unsure how to understand it all.
Have you heard about Barchart? If you have, do you know everything you need to know about them?
Barchart is a market research tool that promises to help you navigate the complex trading world. With its user-friendly interface and robust features, Barchart can help you make a more tailored market decision.
But is it worth your investment? Or is there something better out there? Well, that’s why I’ve taken the time to write this Barchart review.
In this review, I’ll dive into the features of Barchart, pricing, and overall value to help you make a more informed decision. So, let’s jump right in, shall we?
What is Barchart?
Barchart is an online platform providing various market research tools for novice and professional investors. The platform offers free and paid services and can be accessed without creating an account, although creating an account is recommended for a more personalized experience.
Barchart has extensive technical charts, pre-built and customizable screeners, and historical data. The platform also provides market news and educational resources, such as webinars, articles, and newsletters, to help users stay informed.
Barchart’s user-friendly interface makes it easy for investors to navigate the site and understand the data presented. The platform offers customization options and real-time market data for active traders who require up-to-the-minute information to make informed decisions.
Barchart’s paid subscription service provides more advanced features like real-time data, charting tools, and alerts. This service is ideal for active traders who require more data and customization options to make informed investment decisions.
Features of Barchart
Barchart is a market research platform that offers a variety of features to help traders make informed decisions. Here are key features:
1. Technical charts
Barchart provides customizable technical charts with various technical indicators and overlays to help traders analyze trends and patterns.
Users can create custom screeners to find stocks, futures, forex, and more based on specific criteria like price, volume, and market capitalization.
3. News and Analysis
Barchart offers a wide range of market news and analysis, including alerts for significant events, reports, and historical data.
4. Barchart Opinion
This unique feature uses historical data and technical indicators to provide traders with a buy, hold, or sell recommendation for various assets.
How Much Does Barchart Chart
Barchart offers a flexible pricing plan catering to free and paid members. Here’s what you need to know:
The free membership grants users access to essential features such as market data, news, Barchart Opinion, alerts, screeners, watchlists, and portfolios.
However, the free membership has some limitations, such as limited access to custom screeners, watchlists, and sometimes intrusive ads.
Barchart offers premium members three billing options: monthly, yearly, and 2-year. The monthly plan costs $29.99 per month, the annual plan costs $199.99 ($16.67 per month), and the 2-year plan costs $367.99 ($15.33 per month).
The premium membership provides access to all of Barchart’s features, including historical data, auto-emailed screener results, Top Picks, advanced real-time price alerts, and advanced options screeners.
Is Barchart Legit?
Based on the information gathered about Barchart, there are several reasons to believe it is a trustworthy platform for traders.
For starters, Barchart has been around for over two decades, and during this time, it has developed a reputation for providing reliable market data and insights. In addition, Barchart offers a wide range of features designed to help traders make informed decisions.
These features include customizable technical charts, custom screeners, market news and analysis, and Barchart Opinion, which provides buy, hold, or sell recommendations based on historical data and technical indicators.
Furthermore, Barchart offers free and paid memberships, demonstrating its commitment to providing value to traders regardless of their budget.
Pros of Barchart
- Customizable technical charts
- Barchart Opinion
- Market news and analysis
Cons of Barchart
- Limited free version
- Expensive membership
Alternative to Barchart
FinViz is a popular alternative to Barchart because it provides tools to make informed investment decisions.
While Barchart offers customizable charts and trading ideas, FinViz provides similar features alongside a heat map, earnings calendar, insider trading information, and a stock scanner.
One significant advantage of FinViz is its user-friendly platform, making it easy for traders to navigate and quickly access the information they need.
Is Barchart Worth it?
If you’re looking for a market research tool offering more than just basic charts, Barchart might be the perfect fit.
This platform provides advanced features from which long-term investors and day traders can benefit, such as historical data, custom watchlists, screeners, news, and more.
If you need intraday stock charts, daily recommendations, or fundamental data, you can easily access everything on Barchart.com. Plus, the service is relatively affordable, making it an attractive option for those seeking a comprehensive trading platform.
If you want to try out Barchart’s premium membership, you can take advantage of a 30-day free trial by clicking here. This is a great opportunity to explore everything Barchart offers and decide if it fits your needs.