Barchart Review 2023
|By: Jeremy Biberdorf||Feb 21, 2023|
In a nutshell: Barchart is an online market research platform that offers both free and paid services. The website can be used with or without an account, though your experience will vastly improve simply by creating an account.
Barchart is the ideal platform for self-directed investors. It contains a wide variety of technical charts (complete with a plethora of technical indicators), pre-built and custom screeners, market news, historical data, and more.
With so much data amassed on one service, it seems that nearly anyone—be they long-term investors or day traders—can find the information on this platform. However, simply having data doesn’t necessarily mean the platform itself is worth signing up for.
So, exactly how good is Barchart? Find out for yourself by reading this short Barchart review!
|Market Research Platform||$0 - $29.95 per month||30-day free trial|
Barchart is best for…
Anyone active in the trading industry. Although the platform is especially useful to active traders (such as day or swing traders) and those performing technical analysis, Barchart’s comprehensive database makes it a viable option for long-term investors as well.
Unlike many competitors, Barchart offers the vast majority of its various functions for free. With a premium membership (which is offered at a relatively affordable price), one can remove any and all restrictions. As a dedicated research platform, Barchart can be used for nearly any type of market research desired.
- Interactive charts
- Comprehensive charts & screeners
- Most features offered for free
- Plethora of info may overwhelm
- Site layout leaves a bit to be desired
- Most free features are limited
What is Barchart?
Barchart is a comprehensive online market research platform. The company has been providing market data and analytics since 1995. With a general reputation for accuracy, reliability, and consistency, it’s not surprising that Barchart.com has a lot to offer investors.
The website grants access to a wide variety of trading tools and features, such as stock and advanced options screeners. It’s perfect for technical studies, offering hundreds of fields of data for analysis, and allows traders to track their portfolios easily using watchlists.
Barchart also serves as a source of market news, although its news services aren’t quite up to par with dedicated services like Benzinga. Premium members can also benefit from historic data, which dates back to 01/01/1980.
You’ll have access to a wide range of features that can help you make informed trading decisions when using Barcharts.
Customizable grid charts, custom chart templates, and custom screeners are just a few of the customizable options offered on the platform. Other offerings include a daily price chart & a chart of sector performance, so you’ll surely have found your new favorite charts in no time!
The service also features screeners, news feeds, alerts, reports, historical data, and Barchart Opinion. This last feature is a unique function that uses 5 years of historical data and processes them through thirteen different technical indicators to determine whether traders should buy, hold, or sell an asset.
Pricing & Plans
Barchart.com can be accessed in a variety of ways, both with and without an account. Creating an account does not require paying for a premium membership, but having a paid subscription does offer some useful benefits over the alternative.
The free version of Barchart grants access to a selection of features including market data, news, Barchart Opinion, alerts, screeners, watchlists, portfolios, and more. That said, the free membership does impose a lot of limitations.
Most tools (such as saved custom screeners or watchlists) will be limited to five, whereas a premium member would have unlimited access to these tools. Free members will also have to deal with ads, although these are relatively non-intrusive.
The Barchart Premium membership is offered in three different billing options: monthly, yearly, and the 2-year plan. The monthly plan costs $29.99 per month, but you can enjoy significant savings with a yearly ($16.67/month) or 2-year ($15.33/month) plan. However, these plans will need to be paid in full.
Premium membership unlocks all of the features of Barchart, including historical data, auto-emailed screener results, Top Picks, advanced real-time price alerts, and advanced options screeners.
While Barcharts is certainly a powerful collection of tools, it does have a few areas that could need improvement. As noted above, its news feed isn’t up to par with dedicated news feed services. While historical data is offered, intraday data is only offered up to 10 years prior. Data back to 2000 is offered daily, while information dating back to 1980 is only offered in weekly, monthly, and quarterly reports.
Is Barchart Right for You?
For long-term investors and day traders alike, Barchart has a lot to offer beyond basic charts. With historical data, custom watchlists, custom charts, screeners, news, and more available on a single platform, the overall appeal of this relatively affordable service is clear as day.
Whether you’re looking for intraday stock charts, daily recommendations, or fundamental data, Barchart.com has everything you’ll need to succeed.
Try out a premium membership to the platform—free for 30 days—by clicking here!