Best Stock Scanners and Screeners

A stock screener is a tool used by traders to identify stocks that match a certain set of criteria. For example, you can use stock scanners like Magnifi and Interactive Brokers to filter stocks by industry, price, the average number of shares that change hands during a day and more.

Stock screeners are an essential tool for the beginner trader — especially if you’re getting ready to try day trading or swing trading and you aren’t sure which assets to buy and sell. That's why it's important to find the best stock scanners, and we've rounded up some of the best ones we've tried and tested below.

Quick Look at the Best Stock Scanners and Screener Software:

• Best for Revenue Announcements: Benzinga Pro
• Best for Professional Investors: Stock Rover
• Best for Risk Managers: Seasonax
• Best for Long Term Investors: Magnifi
• Best for Active Traders: Trade Ideas
• Best for Identifying Investing Opportunities: Stock Market Guides
• Best for Visual Stock Insights: Simply Wall Street
• Best for Active and Global Traders: Interactive Brokers
• Best for Desktop: TradeZero
• Best for User Experience: Ziggma
• Best for Swing Traders: The Impeccable Stock Software
• Best for Charts: Trading View

Best Stock Scanners for all Market Conditions

If you’re planning on taking advantage of the current market volatility, stock scanner apps can be an essential tool. Let’s take a look at some of our favorite stock screeners for traders of all skill levels. 

1. Best for Revenue Announcements: Benzinga Pro

If you’re looking for a one-stop shop for all the information needed to buy and sell stocks, look no further than Benzinga Pro. The comprehensive, all-in-one platform provides you with real-time charting and a massive range of indicators, screening criteria and alert options. Active traders, in particular, will love Benzinga Pro’s full calendar suite, which includes information on upcoming earnings reports, revenue announcements and other events. 

Benzinga News supplies headlines as they happen. It’s impossible to read up on current events, review your portfolio and track stocks at the same time. In Benzinga Pro, the news feed updates with a yellow flash on your screen, revealing news that just broke within the last few moments.

Benzinga Wire headlines tell you everything you need to know, the updates occur sometimes seconds apart and you never miss market movement that could affect your bottom line.

With the news in mind, one of Benzinga Pro’s most unique features is Audio Squawk, which allows you to save time and screen space as the site reads you the day’s key headlines. With a wide range of unique features and a ton of useful tools, Benzinga Pro is the top analysis platform for serious traders. Think of this as the best stock screener app when you want to read between the lines.

2. Best for Professional Investors: Stock Rover

Stock Rover, a powerful investment research and analysis tool, offers screening capabilities to find and rank stocks, compare investment options, dive into research reports and view performance metrics accurate to the minute. 

Stock Rover’s charts go beyond the industry standard and you can even chart fundamental metrics. If a screener app can give you this much functionality, it’s worth a look.

You can choose over 650 different selectable metrics, and many involve years of historical data in its Stock Entry Level Plan. Bump up to the premium package and you’ll find even more value, including 300+ additional metrics. Scanning through a company's quarterly financial reports is a thing of the past with Stock Rover.

3. Best for Risk Managers: Seasonax

Seasonal investing is an oft-overlooked technique that can bring diversity, vitality and value to your portfolio. However, it can be difficult to leverage all that data to determine when and if stocks or assets will rise or fall in value. 

With Seasonax, you get:

• Access to seasonal trading signals for around 20,000 assets
• An easy-to-use dashboard
• Seasonal charts going back 125 years
• Customizable tools
• Newsletters, video tutorials
• Advanced filtering
• Detailed statistics
• Seasonality screener and more

After a 3-day trial, the subscription sits at just under $50 per month, allowing you access to all the data you need to become a seasonal trader and add layers of insight to your investment portfolio and overall net worth.

4. Best for Long Term Investors: Magnifi

Magnifi is a marketplace that allows you, as the investor, to use common brokerage tools and AI to make the best decisions for your portfolio. Because you can pull up all the information you need on a given asset, you can easily invest in the assets that will give you the results you deserve and better match your strategy.

Search for the investment options that meet your needs, invest in specific categories or scan for assets in a price range that’s affordable for you.

Best for long-term investors and those who require a bit of client support, you can also learn more about investing from this platform, utilize the AI-powered investing assistant, enjoy commission-free investing, try the mobile app and take advantage of over 15,000 possible investment options. This makes Magnifi a good place to trade for both seasoned and novice traders.

5. Best for Active Traders: Trade Ideas

Trade Ideas’ mission for over 20 years is to enable our subscribers to make better decisions in the US equity markets. Thanks to innovative visualizations in the tool and on custom charts, active traders save time understanding the risk management plan of getting into each idea - and how to get out, if needed. 

Ideas are sourced from optimized algorithms that combine technical and fundamental market data in ever-evolving combinations that spot opportunities in the constantly changing markets. Active traders using Trade Ideas consistently spot opportunities in places no one else is looking, ahead of others. 

Best for active investors and combined with the best support team in the industry, subscribers can simulate trading to understand the impact the technology will have on their decisions at no-risk. Additionally, subscribers can backtest their own strategies, or utilize the AI-powered trading assistant, Holly, to connect to a growing list of brokers to execute trades directly from the platform or connect Trade Ideas to any platform to pass stock symbols from one tool to another. This makes Trade Ideas an ideal place to make decisions for all kinds of traders intent on continually learning and committed to getting better.

6. Best for Identifying Investing Opportunities: Stock Market Guides

Stock Market Guides has a scanner that is unique. It doesn’t just scan for popular trading setups based on indicators or chart patterns. It also shows you how each trade setup has performed historically for the stock.

They do more than scan for the best trading opportunities. You can focus on the specific parts of the market that work for you, from options and stocks to swing trading. Each service below is $49 per month, and they can inform your investing at the times that work best for you:

• Pre-Market Stock Picks (avg. 10 per day)
• Market Hours Stock Picks (avg. 4 per day)
• Pre-Market Option Picks (avg. 10 per day)
• Market Hours Option Picks (avg. 2 per day)

Alerts are backtested to ensure that you get the best information. Plus, you can take advantage of other tools on the site that include:

• Position size or profit/loss calculators
• Terms to learn
• Information to just for swing traders
• Strategies that you may want to try

7. Best for Visual Stock Insights: Simply Wall Street

Simply Wall St takes the hard work away in screening and researching stocks. You gain access to convenient tools and compelling analysis that have empowered over 6 million retail investors to succeed:

• Visual stock insights enable you to acquire fundamental knowledge about any company in the world within minutes. You'll be surprised by how much you can learn about a stock in such a short amount of time.
• An easy-to-use screener helps you find stocks that match your strategy. With their unique and revolutionary snowflake filter, you can identify good stocks without delving deep into specific metrics. Leverage their collection of pre-made screeners for inspiration.
• Screener alerts notify you about new stocks as they meet your criteria.
• Valuation analysis is integrated across the platform, assisting you in making well-informed decisions.
• A powerful portfolio tracking and strategy tool aids in identifying weak holdings and acting accordingly.
• Intelligent stock alerts provide summaries of changes in the simplest form, so you can stay up to date with only the most relevant events.

The platform focuses solely on facts and offers independent analysis, helping you view your investments objectively and increase your chances of success.

Simply Wall St offers a generous free-forever plan, with other paid plans available, including Premium for $10 per month and Unlimited for $20 per month.

8. Best for Active and Global Traders: IBKR GlobalAnalyst

Interactive Brokers bills the IBKR GlobalAnalyst as a “powerful yet simple tool” you can use to do your due diligence on corporate valuations. In short, you can use GlobalAnalyst to find undervalued stocks around the world

With IBKR GlobalAnalyst, you can review 135 global markets free of charge.

Search by region, country or industry, using filters for asset class, market cap, industry and 1 of 27 currencies. As you find undervalued stocks, you can invest for value—a method used by captains of industry like Warren Buffett—while also diversifying your investments.

9. Best for Desktop: TradeZero

Many traders are mobile, but they also have time to sit down at a desktop every day. As a result, they require functionality on both devices. TradeZero has a free app, but it also offers a powerful desktop app that you can use to check your portfolio, buy, sell and/or trade.

Download the mobile app for free or go to your desktop, register for an account and start trading for free. Any trades that require a commission are very affordable, and there’s 24/7 customer support if you have questions. Plus, there are free limit orders, 6:1 leverage and powerful technical analysis tools.

10. Best for User Experience: Ziggma

Take a look at Ziggma’s stock screener for a best-in-class user experience by signing up for a free account. The screening process is extremely effective. Search parameters are set on sliding scales without the need for manual entry, while search results are updated continuously. 

Once you have a list of companies that fit your selection criteria, use the quick views to get an initial idea of a company thanks to a short profile, key performance indicators and mini charts illustrating the price trend. Ziggma is the sole platform that lets you screen for stocks by climate impact.

Then add the company to your portfolio or dig deeper with Ziggma’s Company Profiles comprising professional-grade financial data. 

Developed by seasoned Wall Street analysts, Ziggma’s proprietary stock research is available for yet more effective screening under a premium subscription. 

While the free version already gives you a great screening experience, at only $9.90/month ($89.88/year) you get access to Ziggma’s proprietary stock scoring with sub-scores for valuation, growth, profitability and financial position for more effective screening. With a premium subscription, you also benefit from a suite of pre-configured screens by Ziggma’s experienced analyst team.

11. Best for Swing Traders: The Impeccable Stock Software

The Impeccable Stock Software is a stock picking service with a focus on swing trading. The service separates itself from the pack by offering a variety of features for a very affordable price. Many stock picking services charge hundreds or even thousands of dollars per month for their alerts, but the Impeccable Stock Software offers its full suite of services for less than $100. The site is geared toward novice traders and there’s a trove of tutorials and trials for potential clients to get their feet wet. However, beginners aren’t the only ones who can find utility from the tools offered here.

The Impeccable Stock Software offers 3 service tiers, each with an affordable price point considering the features included. Here’s a breakdown of the pricing:

• Basic ($10 per month)
• Premium (37 per month)
• Pro ($97 per month)

12. Best for Charts: TradingView

If you’re looking for an expanded range of features with a simple design and layout, consider TradingView. TradingView offers a few different plan options, and there’s a free option if you’re only interested in testing out the features. TradingView allows you to view real-time streaming quotes on its paid accounts, and you can screen stocks using a wide range of fundamental and technical criteria. 

Creating watchlists with TradingView is a breeze — you can create as many custom watchlists as you need. Stock screener apps should be easy to manipulate so that they adapt to your current needs. You won’t trade the same way every day for years to come. However, your screener app can move with you so that you never get lost in the weeds and forget what sorts of stocks you’re watching.

If you trade forex or cryptocurrencies with stocks, for example, TradingView offers custom screeners for these assets. Combining a smooth design with powerful tools, TradingView is our top choice for the intermediate trader.

What Is a Stock Scanner?

A stock scanner is a tool used by traders and investors to filter and identify stocks based on specific criteria or technical indicators.

This software or online platform allows users to input various parameters such as price, volume, market capitalization, technical indicators (e.g., moving averages, Relative Strength Index) and other fundamental metrics (e.g., earnings per share, revenue growth) to screen for potential trading opportunities.

By narrowing down a large pool of stocks to only those that meet their investment or trading strategies, traders can save time and focus on the most promising opportunities, enhancing their decision-making process.

Pros and Cons of Using a Stock Screener

When choosing a stock scanner and screener, it's important to weigh its potential benefits for simplifying investment decisions against the limitations that may arise from relying solely on its automated features.

Pros:

• Efficiency in research: Stock scanners allow you to quickly filter and identify stocks based on specific criteria such as price, volume, market capitalization and other metrics. This efficiency saves time and helps you focus on opportunities that meet your trading strategies.
• Customization and flexibility: Many stock scanners offer customizable parameters, enabling you to tailor your searches according to your investment goals. You can set up alerts or screens for specific technical indicators, such as moving averages or price trends.
• Access to real-time information: Stock scanners provide real-time data, allowing you to stay updated with market trends and price movements.

Cons:

• Dependence on data quality: The effectiveness of a stock scanner is highly reliant on the quality and accuracy of the data it processes. Poor data quality or outdated information can lead to misleading results and poor trading decisions.
• Over-reliance on technical metrics: Using stock scanners may result to overly focus on technical metrics, potentially ignoring fundamental analysis. This can lead to a lack of comprehensive understanding of a stock’s underlying value and risks, resulting in suboptimal investment choices.
• Market noise and false signals: Stock scanners can produce a large volume of data and signals, which may overwhelm investors. Filtering through market noise can be challenging, and you might act on false signals or miss significant market changes due to the sheer volume of information.

Biggest Stock Gainers and Losers Right Now

Getting ready to dive into a new trading day? Before you open up your trading software and make your 1st trade of the day, check out our list of the top-moving stocks making waves on the market today. Stock screener apps give you your first taste of what’s moving the market, and they look something like this.

Use Your Stock Screener Effectively

The right stock scanners can greatly enhance your trading and help you identify more profitable trading opportunities. Decide which stocks you want to screen, how the news should impact your decision-making and when to ultimately buy or sell.

However, your screener is just one of the research tools you’ll need to stay on top of the market’s movements. Nothing can compare to your own research, using the stock screener as a jumping off point. Digging into a stock, finding what makes it tick and investing at the appropriate level requires time and patience. Think of the stock screener, then, as your muse — your well-informed muse with tons of features.

Be sure that you’ve got a grasp on your trading fundamentals, a brokerage account that works with your needs and skill level and a great source for daily market news before you trade. 

Frequently Asked Questions