Is Barchart Premier Worth It?

Jeremy BiberdorfBy: Jeremy Biberdorf

November 7, 2023November 7, 2023

 Barchart Logo

The world of online market research platforms has seen an upsurge of contenders. Among them, Barchart stands out as a formidable player. But is the Barchart Premier membership worth your hard-earned money? Let’s dive into a comprehensive exploration.
Learn More About Barchart

Overview of Barchart

At its core, Barchart is an online market research platform catering to self-directed investors. With services spanning from technical charts replete with a vast array of technical indicators to pre-built and custom screeners, Barchart has established itself as a one-stop shop for market insights.

It provides data on a plethora of assets, including stocks, ETFs, futures, forex, and even cryptocurrencies. Yet, an abundance of data doesn’t equate to utility. The real question is, how does Barchart hold up in practical application? For a more in-depth look, check out our detailed review here.

Features Offered

Market Overviews

Covering a broad spectrum, from stocks to cryptocurrencies, Barchart’s market overviews furnish insights into top performers, relevant news, and professional recommendations.

Fundamental and Technical Analysis

Barchart’s fundamental analysis emphasizes price history, insider trading, and earnings forecasts. Their interactive charts are tailored for personal research and offer a multitude of functionalities for traders.

Trading Signals and Recommendations

One standout feature is the ‘Barchart Opinion’. This offers buy or sell suggestions after evaluating multiple technical indicators across varying durations.

Screeners

From basic to advanced, Barchart has screeners for stocks, ETFs, and options. Custom screeners allow users to filter results based on their specific criteria.

Historical Data

For those keen on backtesting strategies, Barchart offers data dating back to 1980.

User Experience

Although the site layout might feel overwhelming initially, it offers easy navigation with distinct tabs for different markets.

To experience Barchart Premier’s features firsthand, click here to get started with them.

Barchart Premier Membership: A Closer Look

While Barchart provides free services, the Premier membership promises an enhanced experience at an affordable price. Premier users enjoy ad-free browsing, unlimited custom views, access to historical data, and advanced options screeners.

The membership also offers a unique ‘My Charts’ profile, real-time price alerts, and other specialized features. If unsure, Barchart has a 30-day free trial to test out their premium offerings.

Barchart Pros and Cons

Pros

  • Comprehensive interactive charts
  • Diverse screening tools
  • The majority of features are available for free

Barchart boasts a vast array of features tailored to cater to both novice traders and seasoned investors. Its interactive charts allow users to personalize their research and delve deep into market analytics.

The platform stands out for its comprehensive charts and screeners, which are pivotal tools for any trader aiming for an edge in the market. A significant advantage is that most of these features are available for free.

Also, Barchart provides insights into global sector performances, enabling users to benchmark and analyze various sectors in the global economy. The platform’s historic data accessibility dating back to 1980 gives users an unparalleled depth for backtesting and analyzing long-term trends.

Lastly, the ‘Barchart Opinion’ feature aids traders by offering buy or sell suggestions based on comprehensive technical analysis, acting as a guiding hand in decision-making.

Cons

  • Overwhelming information for beginners
  • Slight lag in news feed delivery
  • Basic stock screeners for technical enthusiasts

On the downside, the plethora of information Barchart offers can be a double-edged sword, potentially overwhelming especially to those new to trading. While the site layout is functional, it does leave a bit to be desired in terms of user experience.

Another limitation is in its news feed delivery and format, which doesn’t quite match the standards set by dedicated news services, meaning users might have to supplement their information intake from other sources.

Customizing Your Barchart Experience

One of the unsung strengths of Barchart is its emphasis on personalization. As every trader knows, the world of investing is not one-size-fits-all. Different traders have different strategies, priorities, and areas of focus. Recognizing this, Barchart offers numerous customization options, particularly for Premier members.

 Custom Views

With the option to craft unlimited custom views, users can tailor their dashboard to highlight the data most pertinent to them. This could be anything from specific technical indicators to certain assets’ historical data.

 Chart Templates

Beyond just interactive charts, Barchart allows users to save specific chart setups. If you frequently analyze stocks using a combination of specific indicators, for example, you can save this setup as a template for easy access in the future.

Custom Alerts

With the market’s constant ebbs and flows, staying updated on specific stocks or assets can be a challenge. Barchart’s custom alert feature allows users to set specific conditions for assets they’re monitoring. When these conditions are met, they’ll receive a notification, ensuring they never miss an important market development.

Is Barchart Premier for You?

For those seeking an amalgamation of historical data, custom charts, screeners, and timely news, Barchart appears as an attractive option. Its affordability makes it even more appealing. Yet, it’s crucial to consider individual requirements.

For traders focused primarily on technical analysis, Barchart might seem basic. However, for comprehensive market insights under one roof, it’s hard to overlook Barchart.

If you’re pondering an upgrade, try out the premium membership for 30 days here.
Get Started with Barchart

Barchart FAQs

What distinguishes Barchart Premier from the basic Barchart membership?

Barchart Premier offers a wide array of enhanced features, including ad-free browsing, access to extensive historical data, advanced screeners, unlimited custom views, and the ability to download charts. With the Premier membership, you can maximize the platform’s potential for more in-depth research and analysis.

How frequently is Barchart’s data updated?

Barchart provides real-time data updates for its users, ensuring that they stay abreast of the most current market developments and conditions. This is crucial for traders who need up-to-the-minute information to make informed decisions.

Can I cancel my Barchart Premier membership if it doesn’t meet my expectations?

Yes, Barchart Premier comes with a 30-day money-back guarantee. If you’re unsatisfied with the service during this period, you can request a full refund, ensuring a risk-free trial experience.

Does Barchart only cover stocks and options?

While Barchart is comprehensive in its coverage of stocks and options, it also provides data on ETFs, futures, forex, and cryptocurrencies. This wide range of assets caters to the diverse needs of traders and long-term investors.

Is there a mobile application available for Barchart?

Yes, Barchart offers a mobile application that’s available on both the Apple App Store and Google Play. The app is designed to provide seamless access to market data and tools on the go.

How much does Barchart Premier cost?

Barchart Premier’s monthly plan is priced at $29.99. However, opting for a yearly or 2-year plan offers better value.

Are there any limitations to the free version?

Yes, the free version has ads and restrictions on the number of tools like custom screeners or watchlists.

Does Barchart offer mobile applications?

Yes, Barchart offers mobile apps, and the feedback on platforms like Apple App Store and Google Play is generally positive.

Can I get a refund if I’m unsatisfied with the Premier membership?

Barchart Premier offers a 30-day money-back guarantee, ensuring peace of mind for potential upgraders.

Related Links

Jeremy Biberdorf
Jeremy Biberdorf

About the Author:

Jeremy Biberdorf is the founder of Modest Money. He's a father of 2 beautiful girls, a dog owner, a long-time online entrepreneur and an investing enthusiast.

Leave a Comment

Your email address will not be published. Required fields are marked *