If you’re an active stock trader, then you know that time is money, and quick access to the best data is critical. While the data you’ll need will depend on your trading style and the indicators you use most often, most agree that stock charts are the best tools for making informed stock trading decisions.
Although free charts will give you access to some of the most common indicators, paid options offer additional tools and analysis options for a complete analysis. Whether you’re an experienced trader or just getting your feet wet, it’s essential to know where you can get the best information and which options are ideal for different types of traders.
Below we’ll discuss the top stock charting apps (plus the best charting apps for more than just equities), including free and paid options, so you can find the tools that work best for you.
Best Stock Charting Software and Apps—Top Picks
4.8
|
4.5
|
4.5
|
Free 30-day trial. Essential ($12.95/mo. or $155.40/yr.), Plus ($24.95/mo. or $299.40/yr.), Premium ($49.95/mo. or $599.49/yr.)
|
IBKR Lite: Commission-free equity trading. IBKR Pro: Minimal commissions*.
|
EdgeProX: Free 14-day trial, then $34.99/mo. EdgeQX: MES $490/yr., ES $4,900/yr. EdgeQX-R: MES $990/yr., ES $9,900/yr. EdgeWatch: Free*.
|
Best Charting Software at a Glance
The best charting app for you isn’t necessarily the perfect app for someone else. Your best choice is likely one of the following:
- Best for drawing on stock charts (+ best free stock charting software): TradingView
- Best for placing trades with hot keys in charts: InteractiveBrokers
- Best for futures charts, customer service, and cost: EdgeClear
- Best for technical analysis tools and free paper trading for beginners: NinjaTrader
- Best stock charting app you can install on desktop: TC2000
- Best for automating technical analysis: TrendSpider
- Best fun, easy broker with charts: Robinhood
- Best for technical indicators: MetaStock
- Best for advanced traders: Trade Ideas
- Free mobile charting app: Webull
- Best for technical analysis: FinViz
- Free stock charting app: Moomoo
Let’s look deeper into the top picks and the details of each.
Best Charting Apps and Software
1. Best for Drawing on Stock Charts: TradingView
- Available: Sign up here
TradingView is one of a handful of valuable charting platforms for technical analysis-driven stock traders on this list. Users can view stock charts, select specific indicators (RSI, Moving Averages, Bollinger Bands, etc.), add trend lines, chat with one another and do it all on repeat.
They have a robust web-based charting system with stock price data (real-time data), historical charts (1D, 5D, 1M, 3M, 6M, YTD, yearly price charts, 5Y and All-Time), strike prices, streaming charts and more. The result? Hopefully, delivering you Alpha.
TradingView works well for traders looking to gain an edge on the markets, whether the stock market, forex markets, crypto, futures or more.
TradingView is in the business of delivering competition-crushing charting and trading tools, strategies and insights for you to trade with confidence. They have some of the best stock charts and technical analysis tools. TradingView utilizes 50+ real-time data feeds, historical data, pre-built popular indicators, smart drawing tools, figure charts and valuation analysis.
You can use the platform to conduct customized technical analysis with metrics like volume indicators, MACD, backtesting, etc. Pairing this service with an InteractiveBrokers, EdgeClear, or Cobra Trading account may capture alpha through TradingView’s stock charts.
- TradingView provides an easy and intuitive stock charting experience w/tools to share and view trade ideas.
- Use this stock analysis app to leverage real-time data and browser-based charts to do your research anywhere.
- Collaborate with 50 million TradingView investors.
- Non-Professional Plans: Essential ($12.95/mo. or $155.40/yr.), Plus ($24.95/mo. or $299.40/yr.), Premium ($49.95/mo. or $599.49/yr.)
- Professional Plans: Expert ($199.95/mo. or $2,399.40/yr.), Elite ($349.95/mo. or $4,199.40/yr.), Ultimate ($499.95/mo. or $5,999.40/yr.)
- Test out the service with a free 30-day trial.
Related: Best Brokerage Account Sign-Up Bonuses, Promotions and Deals
2. Best for Placing Trades With Hot Keys In Charts: Interactive Brokers
- Available: Sign up here
Interactive Brokers, founded in 1978, is one of the largest U.S. electronic trading platforms, offering traders access to stocks, bonds, funds, options, cryptocurrencies, foreign exchange, and more.
IB’s Trader Workstation (TWS) is Interactive Brokers’ flagship desktop program—a trading platform with roots back to 1995. But since then, the company has launched a number of other access points for brokerage accounts.
But Workstation remains the workhorse. The platform supports investments across 150 global markets, and offers a wide variety of features, including real-time monitoring, risk management tools, paper trading—all packaged under a heavily customizable layout.
While TWS users can still select the original view, they can build their own bespoke view through Mosaic. Functions such as stock monitoring, order entry, charts, and more appear as “tiles,” sized and arranged however you want them, and you can save custom layouts designed for one or more monitors.
The platform’s charting features offer an extensive list of customizations, including for charts, layouts, and buttons. As a result, every trader can build their charting and workstation setup to reflect their exact specifications, providing ample power and flexibility to your trading. One thing to note about this however, is that the incredible customization potential can be overwhelming and thus present a steep learning curve to master. Therefore, it’s probably best to find the basic configuration you need (you can save your layout, saving a considerable amount of time and stress rebuilding the same layout from scratch each session) to accomplish your goals.
In addition to charting, Trader Workstation also lets investors:
- Create example watchlists
- Use preset scans or build your own
- Create real-time trading alerts using price, time, margin, and volume
- Access more than 100 order types and algorithms to execute better trades
- Read breaking news from Reuters, Dow Jones, and other financial news outlets
- Access research from Morningstar, Zacks, and other firms
IBKR Pro, the premium IBKR product, is meant for advanced investors and active traders. While it does charge commissions on even U.S.-listed stocks and ETFs, it provides better execution for trades via its IB SmartRouting, which seeks out the best available prices for stocks and options across exchanges and dark pools—possibly resulting in lower spreads that offset the commissions you pay. It also offers better margin rates than Lite (one of the company’s commission-free products), though both platforms’ rates are among the best on offer.
Pro also offers some features not available on IBKR Lite, including higher interest paid on idle cash balances, lower interest charged on margin loans, backtesting, and access to IBKR APIs, which allow you to build your own custom trading applications and even develop commercial trading software—features often used by hedge funds, Registered Investment Advisors (RIAs), and proprietary trading firms.
We should note that IBKR’s rating does get dinged (by both us and app-store users) for its sometimes buggy mobile-app experience. But the desktop app is a mainstay among advanced and professional traders.
You can visit Interactive Brokers to sign up or learn more.
- Trade stocks, bonds, ETFs, mutual funds, options, cryptocurrencies, foreign exchange, futures, micro futures, and futures options using the powerful legacy Trader Workstation desktop software or IBKR's web and mobile platforms.
- No account minimums, no maintenance fees with both IBKR Lite and IBKR Pro.
- Commission-free stock and ETF trading with IBKR Lite.
- Optimized trade execution and higher interest on cash balances with IBKR Pro.
- Access features including watchlists, preset or customized stock scans, real-time trading alerts, advanced order types, and news and research from numerous leading providers.
- Excellent selection of available investments
- Extremely feature-rich desktop (Trader Workstation) and app (IBKR Mobile) platforms to satisfy even the most advanced traders
- Below-average options contract fees
- Trader Workstation Mosaic view is versatile and highly customizable
- Robo-advisory services are available through Interactive Advisors
- Mobile app can be buggy, difficult to navigate, and sometimes has long load times
3. Best for Futures Charts, Customer Service, and Cost: EdgeClear
- Available: Sign up here
EdgeClear is a futures-focused online broker that offers a suite of specialized tools and technologies, competitive pricing, and a high-touch experience to traders of every experience level.
EdgeClear empowers futures traders via a series of platforms, including:
- EdgeProX: EdgeClear’s core futures trading platform includes features such as advanced charting and order flow tools, 300-plus built-in studies and indicators, trade simulation, bar-by-bar market data replay, harmonic tools, and more. Combined, these offer a detailed view of market structure and liquidity. It’s also highly customizable, allowing you to set custom alerts, personalize your trading environment, customize your depth-of-market views, and change your interval settings as necessary. This adaptability makes EdgeProX more appealing across the experience spectrum, allowing novice traders to gain familiarity while using simple preset views, and empowering more advanced traders to craft a setup perfectly attuned to their preferences.
- EdgeQX: This quantitative trading program combines EdgeClear’s automated trading strategies and human oversight to help you maximize your trading capabilities in E-Mini (ES) and Micro E-Mini (MES) futures contracts. (Note: EdgeQX requires a $10,000 account minimum for MES and $100,000 minimum for ES, with a max order quantity of six contracts. EdgeQX-R requires a $15,000 account minimum for MES and $150,000 for ES, with a max order quantity of eight contracts.)
- EdgeWatch: This “dedicated analytics companion” helps you identify and understand the drivers of your trading successes (and shortcomings), spot trading patterns and outcomes, download real-time or past trade sets, and more. The dashboard includes information and charts such as daily P&L, equity curve, and win-loss graph.
Advanced users can also inquire about Platinum-level services, which include bespoke trading solutions and one-on-one broker support, and high-volume traders can receive a consultation with a personal broker about CME membership structures. The company’s customer service routinely gets rave reviews from current users, often saying the responsive team members talk to you like a friend without making upsells.
As for the company’s visual heatmap, it’s remarkably powerful for the very affordable price ($34.99 for EdgeProX). It allows you to identify liquidity pools, visualize order flow, and detect market patterns at a glance.
Lastly, EdgeClear also offers extremely competitive rates on several products—most noteworthy are its 22¢-per-side commissions on popular micro and smaller products including Micro E-Mini S&P 500, Micro E-Mini Nasdaq, Micro E-Mini Dow, and Micro E-Mini Russell 2000 contracts.
Learn more about EdgeClear’s offerings by signing up today.
- EdgeClear empowers futures traders with a suite of powerful technological tools and outstanding customer service.
- Research, test, and make trades from the highly customizable EdgeProX platform.
- Maximize your performance with the EdgeQX automated trading platform for E-Mini and Micro E-Mini futures contracts.
- Analyze your trade patterns and home your strategies with the EdgeWatch analytics companion tool.
- 22¢-per-side commissions on popular micro and smaller products.
- Highly customizable platform (EdgeProX)
- Excellent customer service
- Competitive commissions
- Personal representative assigned to each customer
- Futures trading only
- Relatively short track record (founded 2019)
4. Best for Technical Analysis Tools and Free Paper Trading for Beginners: NinjaTrader
- Available: Sign up here
NinjaTrader is one of the oldest and best known trading platforms on the market. Specializing in technical analysis tools, real-time analysis, and a clean, fully customizable charting experience, NinjaTrader allows you to employ a fully automated trading strategy through its own brokerage service for futures, options on futures, and forex trading. And while that might seem like a limited set of assets (especially for being mentioned as a stock charting app and platform), NinjaTrader’s other core strengths are its ability to integrate with other brokers like IBKR, Schwab (TDAmeritrade), and others for an add-on fee and its NinjaTrader Ecosystem.
This community of vendors and plugins enrich the NinjaTrader experience through offering education-rich content for free and, among other things, allows you to attach NinjaTrader to several supporting brokerages to give traders access to other markets, including options on futures, contracts-for-differences (CFDs), and equities.
If you’d like to try using NinjaTrader for free, their basic platform features are free but come with higher commissions than you’d encounter under a paid account. This comes with charting, market analysis and live trading (and if you’d like to use their SIM trading environment, you don’t need a funded account). To use the software, visit the NinjaTrader website to install the software, launch the platform and start familiarizing yourself with everything you can do. You can open charts, customize colors, add indicators and strategies and insert symbols to a chart to take it for a test drive.
To access the full feature set (including more robust data like full market depth on CME or its CME bundle), you’ll need to pay added monthly fees: starting at $99 per month to lease the software or a $1,499 one-time payment to buy). Premium features include items like advanced order types, automated trading, and backtesting. And if you’d like more data, that’ll carry monthly costs as well: For CME Level I top of book data (CME, CBOT, NYMEX, and COMEX), it’s $12 per month and Level II costs $41 per month for non-professional users. Professional users pay $135 per month per exchange. ICE Market data also costs $140 per month per exchange for all users.
NinjaTrader’s robust community and suite of tools have established it as a leading charting software—be it for stocks, futures, forex, or other assets. The burgeoning educational guides, video library and free ongoing webinars provide ample access to the understanding traders need to hone their craft. Plus, the platform offers an easy (and free) way to learn what the platform can offer through its SIM trading environment. Consider signing up for a NinjaTrader account and taking the service for a test-drive.
- NinjaTrader is a brokerage account offering access to futures and forex directly, and several other asset classes through integration with third-party brokers.
- The robust charting tools, technical analysis capabilities, and real-time full depth of market data empower active traders to make informed decisions.
- The NinjaTrader Ecosystem offers access to thousands of vendors and plugins and includes a comprehensive educational offering for traders to improve their understanding and execution of trades.
- NinjaTrader offers a free SIM trading environment designed to employ what you've learned from their ecosystem's educational content without risking your own money.
- If you open and fund a NinjaTrader account, you'll receive up to $250 in commission rates for trades placed within 30 days of your funding date.**
- Excellent charting and technical analysis tools
- Partial and full strategy automation
- NinjaTrader Ecosystem offers apps and add-ons
- Free SIM trading environment suitable for beginners
- Robust educational guides, videos and webinars
- Trading equities requires using a supporting broker
5. Best Stock Charting App You Can Install on Desktop: Worden TC2000
- Available: Sign up here
Worden’s TC2000 is an easy to install investment research and analysis software which allows you to build watch lists, follow stock news, receive stock alerts, conduct stock scans, and sort and make personal notes on stock opportunities.
The heart and soul of TC2000 is the service’s Condition Wizard. The tool allows you to build for any condition you might think of on any indicator step-by-step. The investment software provides over 70 technical indicators with ten drawing tools.
While this doesn’t require formula writing, you can develop your own and watch “flex” conditions unfold over time.
The service also has an EasyScan service, allowing you to scan millions of data points for your conditions on the fly.
- TC2000 is a market research platform providing tools and analysis software for identifying opportunities to capture alpha.
- Receive a $25 discount for signing up today!
6. Best for Automating Technical Analysis: TrendSpider
- Available: Sign up here
TrendSpider offers a comprehensive platform for traders to create, backtest, and refine trading strategies, scan and analyze the market, and time trades with precision. With its advanced tools and features, TrendSpider is designed to make trading more efficient for both novice and experienced traders.
One of TrendSpider’s top features is Smart Charts—a charting system that helps automate many of the most time-consuming aspects of technical analysis. For instance, Smart Charts can conduct full TA for any stock, ETF, or other security in less than a minute. The system also comes with more than 700 watch lists to help you seek out trading opportunities. And you can even create your own green-red Smart Checklists, which allow you to plainly see if a potential trade covers all, most, some, or none of the conditions you need to pull the trigger.
Among the platform’s other powerful tools:
- Raindrop Charts®, which provide a new way to visualize market data, focusing on trading volume at each price level
- Alternative data offerings including information on options flow, analyst actions, market breadth, insider trades, and more
- Data Flow, which enables real-time tracking of market data for all symbols, including analyst estimates, earnings, news, and unusual options flow
- Strategy Tester, which allows users to quickly develop and test trading strategies without any coding required; users can configure entry and exit rules and explore the performance of their strategies directly on the price chart
- Backtesting capabilities for technical, non-technical, and event-based strategies; once a winning strategy is identified, users can deploy it as a trading bot with just one click
- A stock scanner that allows you to instantly test any strategy on any market and search for ideal trading opportunities. Users can mix and match conditions and timeframes, allowing them to express any view in a single scan. The platform also provides a range of pre-made scans to help users get started.
TrendSpider’s mobile app ensures traders are always connected to their charts and scanners, while the Chrome extension allows users to access real-time charts while browsing the web. The platform also offers extensive educational resources through TrendSpider University and detailed documentation for its features.
The platform also supports integration with external systems using webhooks, enabling traders to build custom alerts and bots that interact with social media channels, private chat servers, email, or order routers connected to brokerage accounts. TrendSpider’s SignalStack service can turn any signal or alert on TrendSpider into a live order in a trader’s account.
Learn more about the platform’s capabilities or sign up for TrendSpider today.
- Hone your trading skills and strategies with the TrendSpider platform, where you can use advanced tools to test trade ideas, scan for opportunities, and perfect your timing.
- Enjoy robust tools including technical charting and pattern recognition features, alternative data, backtesting, and Raindrop Charts.
- TrendSpider's stock scanner supports searching through watchlists, indexes, and more than 700 smart lists.
- Special offer: Enter code YATI25 at checkout to receive 25% off the lifetime cost of your subscription.
- Automated order execution
- Intuitive interface
- Chrome extension
- Reasonable pricing
- Mobile app is a companion app, not standalone
- Charts sometimes load sluggishly
Related: Best Free Investing Apps
7. Best for Technical Indicators: MetaStock
- Available: Sign up here
MetaStock is a longtime player in the technical analysis tools industry. Several versions of the software are available, depending on your trading needs. MetaStock offers options for day, swing, and EOD traders to trade stocks, options, commodities, futures, and more.
For frequent traders, MetaStock R/T uses real-time data so you can make informed decisions about what to buy and sell and when to make the most money possible. You also can customize solutions to fit your trading style and build and backtest trading strategies.
For traders who prefer to do their analysis after the markets close, there’s MetaStock D/C, which comes with a one-time price of $499. However, both products offer free trials, so you can test them before committing to a subscription or fee.
The software comes with over 150 indicators and interpretations that help you understand how to trade based on each indicator. Advanced users also can write their customized indicators. Plus, along with the ability to backtest trading strategies, you can also use the software to make predictions about future trading.
One drawback to MetaStock is that the software is currently only compatible with the Windows operating system.
8. Best for Advanced Traders: Trade Ideas
- Available: Sign up here
Trade Ideas employs an artificial intelligence-powered assistant named Holly. This AI becomes your virtual research analyst who never sleeps and instead sifts through technicals, fundamentals, social media, earnings, and more to pick stocks as real-time trade recommendations.
Holly stays busy, too. She runs more than 1 million simulated trades each night and morning before the markets open with more than 60 proprietary algorithms to find you the highest-probability, most risk-appropriate opportunities to invest in stocks.
This stock scanning and analysis tool doesn’t stop there, though. You can also build your own scanners and screeners with over 500 data points and indicators to choose from. You can backtest your trading strategies, and also forward-test them in the real-time trade simulator. This allows you to learn, test, and optimize, without risking your own money.
The powerful service allows you to access real-time streaming trading ideas on simultaneous charts to learn how to trade into risk-reward balanced trades. In other words: You can invest and learn at the same time.
Where Trade Ideas excels
Where Trade Ideas excels is not only giving you the data and ideas you haven’t seen elsewhere, but also how to manage your money. The AI-powered smart risk levels on every chart are suitable for both long-term investors and active traders.
As the stock market evolves, TI’s software adjusts levels and the trading plan to match. The best part? You can learn how to do all of this without risking your principal through a real-time simulated trading environment.
After you’ve grown comfortable with the service and trading, you can choose to go live with the trade ideas and start investing real money by connecting directly through a brokerage like Interactive Brokers or E*Trade. (The full list of available brokers you can use through the service is available on Trade Ideas’ site.)
I’m a newsletter and alert aficionado, so I should point out a couple of Trade Ideas products. For one, it has a standalone alert service in the form of a weekly Swing Picks newsletter. This gives you five new trade ideas in your inbox from the company’s model portfolio every Monday. Trade Ideas’ Standard and Premium subscriptions include these stock picks. Trade Ideas also has a free Trade of the Week newsletter highlighting one stock pick TI has identified for members.
How does Trade Ideas find stock picks?
Trade Ideas finds its Strength Alerts by focusing on a unique approach that emphasizes relative strength. They start by identifying the most effective indicators and chart setups, based on their top-performing algorithms. They proceed by applying statistical analysis to assign weighted values to each indicator and chart setup, allowing for a quantitative evaluation of their significance. Advanced server technology allows TI to evaluate every stock in the market using these weights and then sort them based on which achieved the highest score. Their team of experts curates these findings to ensure subscribers receive only the most promising trade recommendations.
While Trade Ideas offers exceptional value, it’s important to note that there’s a considerable investment required. Note that you must sign up for Premium to receive full access to the Holly experience. However, you can enjoy a big discount by using the code mentioned below.
Consider starting your Trade Ideas subscription with no contract involved. Cancel anytime.
- Trade Ideas is a stock market app that teaches you how to trade and invest.
- Using a simulated trading platform, you can learn how to trade and invest without risking actual money.
- The service offers a free newsletter and also AI-powered automated trading for premium subscribers.
- Special Discount: Take 20% off any first month or year of a Trade Ideas subscription using promo code "WEALTHUP".
- Free live trading room that delivers actionable guidance
- In-browser and desktop interface functionality
- Automated trading capabilities
- AI-powered trade suggestions
- No mobile app
- Pricey subscriptions for some traders
Related: 9 Best Portfolio Analysis Tools [Portfolio Analyzer Options]
9. Best for Easy-to-Use Technical Analysis: FinViz
- Available: Sign up here
Finviz is a stock analysis software that provides a free version and one with paid premium features.
With the stock analysis tool’s premium features, you can join thousands of traders who make more informed decisions. These features include access to real-time data and quotes, advanced visualizations, trend lines, backtesting, and much more.
Finviz has an intuitive interface that makes it easy to find what you’re looking for in seconds. For premium users of the FinViz*Elite service, the platform also includes a variety of charting and tools possibilities, such as:
- intraday charts and overlays so you can perform deep technical analysis on stocks like never before
- stock indicators
- drawing tools
- fullscreen layouts
- performance comparison charts
- correlations
- technical studies backtesting
It also includes access to pre-market and after-market data in all stock features. Further, you can use the service’s enhanced Stock Screener to filter stocks, export the data, create advanced charts, customize the filters, and have a statistics view.
Consider signing up and starting a subscription. If you’re not satisfied, you can request a full refund within the first 30-days of subscribing. Also, by becoming a FinViz*Elite member, you can remove all ads from your platform.
- Finviz*Elite offers real-time data and access to extended hour sessions
- Advanced charting and overlays with indicators, technical studies and interactivity
- Backtesting with technical indicators to test trading strategies over the last 24 years
- Proprietary correlation algorithms optimized for financial markets
Related: Best Online Stock Brokers for Beginners
10. Best Free App for Mobile Device [Intermediate]: Webull
- Available: Sign up here
Webull is a commission-free stock trading app that focuses on traders who utilize technical analysis.
Webull offers commission-free trading the same as many online brokers and offers fundamental indicators for frequent traders or individuals looking to invest in stocks, bonds, and cryptocurrencies or participate in options trading.
The app is available on all mobile devices and provides valuable resources to inform your trading decision on whether to buy or sell a security.
One such example is a free 3-month trial of NASDAQ TotalView Level 2 Advance quotes, which provides real-time views into the depth-of-market in a security.
The TotalView Level 2 Advance quotes give a sense of how deep the market for a security is, the pending trade offers at various bids and asks, and whether the stock market momentum might shift in favor of higher or lower prices in the security.
After three months, users can subscribe to the service for a low monthly fee of $1.99/mo.
The service offers a desktop and smartphone app for placing your trades, whether that entails shorting stocks, trading options, buying and selling stocks and ETFs or tracking your stocks in the app.
Inside the mobile app, you can access news events with breaking news alerts, save free charts you create, practice trading with paper trading, and more with the powerful free charting tools.
This stock trading app for beginners and experts alike also offers free stocks for signing up if you make a nominal deposit.
- Webull is a low-cost trading and investing app that allows you to invest in stocks, ETFs, options, and crypto, and participate in initial public offerings (IPOs). Webull has also expanded its U.S. offerings to include futures and commodities trading.
- Commission-free trades on stocks, ETFs, and options.
- Trading features include charting tools, technical indicators, customizable screeners, real-time stock alerts, and group orders.
- Let Webull manage your money for you with Webull Smart Advisor, which combines Webull's in-house investment expertise and artificial intelligence to build, manage, and rebalance an ETF portfolio for you.
- New users also get one free month of Nasdaq TotalView's Level 2 Quotes service. (That subscription costs $2.99/mo. thereafter.)
- Sign up for Webull Cash Management to earn a 5.0% APY without fees or minimums.
- Special offer: Open an account and deposit at least $500 to receive 20 free fractional shares, collectively worth between $60-$90,000.*
- Good selection of available investments
- Fractional shares
- Powerful technical analysis tools
- Offers robo-advisory services
- Accessible to beginning and intermediate users
- Voice commands
- Offers highly competitive APY through Webull Cash Management
- Does not support mutual funds
Related: Best Investment Apps and Platforms
11. Best Free App for Mobile and Desktop Charting Tools: Moomoo
- Available: Sign up here
Moomoo is a commission-free trading platform for stocks, ETFs, and options. Moomoo takes a different approach from platforms favoring simplicity and ease of use. The stock trading platform caters to new and advanced traders by offering an integrated platform rich with powerful tools to enhance your trading insights and abilities.
Moomoo enables easy research and tracking functions with its AI tools. Further, it provides free resources to train your market sensitivity and understanding, including comprehensive dimensions of market data like Depth-of-Market and real-time Level 2 Market Data, and 24/7 financial news handpicked by Moomoo’s editorial team. The trading platform provides these features to empower investors to make better investing decisions.
One Moomoo feature worth noting is mobile charting, which allows traders to take advantage of more than 60 investing indicators and 38 drawing tools. And any drawings or annotations you make are saved and synced with your profile so you can view them from either the app or your desktop.
If this feature set sounds intimidating to start with, the app also offers paper trading functionality with real-time data. This simulates the investment experience before committing any of your real money.
And for making a qualifying deposit, the app pays you to give it a spin by offering free stocks for signing up.
To conclude, if you want a professional-grade, technical analysis-enabling platform for research and trading, Moomoo would be a solid choice to consider.
Moomoo’s parent company is Nasdaq-listed Futu Holdings Ltd (FUTU). Their subsidiaries are licensed and regulated in the United States, Singapore, Australia, and Hong Kong.
- Moomoo is an all-in-one investment app geared toward stock, ETF, and options traders who want to work with real-time market data at the ready.
- The service offers free Level 2 market data, offering more insight into the trading activity below the NBBO surface shown on many financial data sites.
- Use the service's powerful stock charting software capabilities to find trading opportunities.
- Get a great return on uninvested cash: Moomoo currently offers a 5.1% APY from its cash sweep program, though current promo offers 8.1% for a limited time.
- Special offer: Get up to 15 free stocks worth $30-$30,000 when you sign up through WealthUp, for opening a new account and funding it with certain minimums.*
- Free Level 2 market data
- Free powerful stock charting software
- Free paper trading
- Low margin rates
- Fewer features than peers
- No robo-advisor functionality
Related: Best Investment Apps for Beginners
Best Stock Charting Apps
A charting app allows you to learn about technical analysis (TA) through employing various indicators and tools while performing screening, backtesting and forecasting for stocks, futures, and more.
While there are free charting apps, usually the best options involve spending a bit of money.
Some of them even function as useful:
- stock trading apps and platforms
- stock news apps
- investment research websites and
- stock analysis apps and software.
The features of charting apps vary, so it’s important to choose one that has the tools, technical indicators and charting features you need.
Related Questions on Stock Charting Tools
What is a Stock Chart?
Stock charts are an integral tool for technical analysis and trading. Charts provide a visual representation of the price action of stocks by plotting historical price data, which allows for easier identification of price patterns and trends.
Through technical analysis of stock charts, traders can help identify a stock’s trajectory and make informed trades.
What are Stock Chart Indicators?
Stock chart indicators are mathematical calculations plotted as lines on a price chart.
These indicators help traders identify trends within the market that will help inform their trading decisions.
Popular Stock Chart Technical Indicators
Moving Averages
Moving averages are average calculations done on different subsets of the complete data set. Moving averages help mitigate the impact of short-term fluctuations in stock prices so traders can better identify the trend of a stock or support and resistance levels.
Moving Average Convergence Divergence (MACD)
Moving average convergence divergence is one of the most popular technical indicators and can be used as a trend or momentum indicator. Essentially, MACD calculates the difference between the 26-day and 12-day exponential moving averages.
On the chart, MACD appears as two lines that oscillate without boundaries, and the crossover of the lines gives trading signals. The MACD is considered bullish when crossing above zero and bearish when crossing below zero.
Relative Strength Index (RSI)
The relative strength index is a momentum indicator that measures the magnitude of a price change. This measurement helps evaluate whether the price change reflected oversold or overbought conditions. RSI is shown as an oscillator with a reading from 0 to 100.
Values of 70 or above indicate overbought conditions, and 30 or below indicate oversold conditions.
Bollinger Bands
Bollinger bands display the upper and lower ranges of stock prices. They are envelopes plotted one standard deviation above and below the moving average of the price and help determine whether prices are high or low.
You can use these technical indicators to understand how a stock might trade going forward by comparing the stock price to performance on a relative basis. Using the pair of bands isn’t meant to serve as the only tool used. In fact, the pair of bands are used to confirm signals (buy signals, sell signals) given by other advanced and basic indicators.
Trading Volume
Trading volume is the number of shares traded during a specific period used by traders to confirm a particular security trend.
Candlestick Charts
Candlestick charts are used to describe price movements. They are similar to box and whisker plots in that four data points for the day are represented. The open and close prices are the candle body, while the lowest and highest prices are represented by the “wicks” that extend from either side of the body. A candlestick chart provides information about trading patterns over short periods.