Scanz vs Benzinga Pro 2024: Which one should you choose?

Jeremy Biberdorf
By: Jeremy Biberdorf
 

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In today’s fast-paced financial markets, having access to the right tools and information is crucial for both experienced traders and novices alike. With a plethora of platforms offering various services, it can be challenging to determine which one best suits your trading needs.

For more detailed analysis of each product check out our full reviews:

Scanz is Better for:Benzinga Pro is Better for:
Real-time Level 2 dataReal-time news and analysis
Advanced charting toolsMarket research and insights
Customizable scanning optionsComprehensive stock screener
Direct-access tradingFinancial news and education

In this article, we will be comparing two popular market analysis and financial news platforms, Scanz and Benzinga Pro. Both platforms have built a solid reputation for providing timely and accurate data, as well as innovative tools to help traders make informed decisions. We will delve into the key features, pricing, and user experience of each platform, to help you determine which one could be your ideal choice for staying ahead in the competitive world of stock trading.

Scanz Benzinga Pro
Service Type Market Scanning News & Analysis
Fees $169/month $27/month - $457/Month
Customer Support Email & Chat Email, Chat, & Phone
Best Use Stock Scanning & Research Real-Time News & Analysis
Modest Money Review Scanz Review Benzinga Pro Review
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Modest Money Overall Rating
4.5 rating based on 5 ratings
4.5 rating based on 5 ratings

Factor 1: Features

Scanz: A Comprehensive Market Analysis Platform

  • Scanz focuses on advanced scanning and filtering tools
  • Benzinga Pro provides real-time news and analysis
  • Both platforms offer comprehensive research capabilities

Scanz

Scanz is a comprehensive market analysis platform that offers powerful tools for traders looking to gain an edge in the stock market. The platform’s key features include advanced scanning and filtering tools, allowing users to quickly identify potential trading opportunities based on their specific criteria. Scanz also offers real-time market data, charting tools, and advanced technical analysis features to help traders make informed decisions. Additionally, the platform includes a news stream and SEC filings to keep users up-to-date with the latest market developments.

Benzinga Pro

Benzinga Pro is a versatile financial news and analysis platform that provides users with real-time news, market data, and research tools to help them make informed trading decisions. The platform’s standout feature is its real-time news feed, which is designed to deliver breaking news and actionable insights to traders. Benzinga Pro also offers a wide range of research tools, including stock screeners, analyst ratings, and earnings calendars. The platform is also equipped with a customizable workspace and a dedicated chatroom feature, allowing users to engage with other traders and share ideas.

Both Scanz and Benzinga Pro offer comprehensive research capabilities to help traders make informed decisions. While Scanz focuses on advanced scanning and filtering tools to identify trading opportunities, Benzinga Pro emphasizes real-time news and analysis to keep traders ahead of the curve.

Factor 2: Ease of Use

Scanz: A Highly Customizable Interface

  • Benzinga Pro: A User-Friendly Experience with Intuitive Navigation
  • Both platforms cater to traders of varying experience levels

Scanz

Scanz boasts a highly customizable interface, allowing users to tailor the platform to their specific needs and preferences. The platform’s modular design enables users to arrange tools and features as per their trading style. While Scanz’s advanced tools and features may have a steeper learning curve for beginners, the platform offers extensive support resources, including video tutorials and a comprehensive knowledge base, to help users familiarize themselves with the platform.

Benzinga Pro

Benzinga Pro is known for its user-friendly experience and intuitive navigation, making it an excellent choice for traders of all experience levels. The platform’s clean and organized layout ensures that users can quickly access the tools and information they need. In addition to its easy-to-use interface, Benzinga Pro offers a wealth of educational resources and webinars to help users make the most of the platform’s features.

Both Scanz and Benzinga Pro cater to traders with varying experience levels, offering user interfaces and resources designed to facilitate a smooth and efficient trading experience. While Scanz provides a highly customizable interface with advanced tools for experienced traders, Benzinga Pro focuses on delivering a user-friendly experience with intuitive navigation for traders of all levels.

Factor 3: Pricing and Subscription Plans

Scanz: Simple all-in-one pricing

  • Benzinga Pro: Flexible Subscription Options

Scanz

Scanz offers a simplified, all-in-one pricing plan aimed at making trading easy and accessible for users. Trusted by over 90,000 traders globally, Scanz provides a comprehensive platform to help users become more productive and profitable traders. Priced at $169/month, the platform includes Level 1 and Level 2 quotes, and offers a 7-day free trial with no credit card required.

Users enjoy full coverage of Nasdaq, NYSE, and AMEX markets, 100% real-time market data, scanning and filtering tools, news and SEC filings tools, alerting tools, market monitoring tools, and Level 2 quotes. The platform also features broker integrations for seamless trading (currently in beta), as well as coverage for ETFs, SPACs, warrants, and preferred shares. Users can access pre-market and after-hours scanners (both in beta), and receive fast email support and remote desktop support upon request. Additionally, an OTC Markets add-on is available for $15/month, providing full OTC penny and sub-penny stocks data, Level 1 and Level 2 quotes, and news and SEC filings.

Benzinga Pro

Benzinga Pro offers a variety of pricing plans to suit different users’ needs, ranging from the Free plan to the comprehensive Options Mentorship plan. The Free plan provides basic features such as Nasdaq Basic with 15-minute delayed quotes, BZ Wire Newsfeed (search only), watchlist, current session movers, and a details tool with key stock stats and charts. For $27/month, the Basic plan offers additional features like full newsfeed access, chat, watchlist alerts, and Benzinga Premium Articles on Benzinga.com.

The most popular Essential plan, priced at $197/month, includes real-time Nasdaq quotes, advanced newsfeed filtering, a real-time scanner, audio squawk, calendar, signals, and unlockable bonuses such as free options trading newsletter subscriptions. The top-tier Options Mentorship plan, priced at $457/month, offers personalized trading mentorship and education from Nic Chahine, access to the Options Inner Circle Chat Room, and regular market overviews in addition to all the features of the Essential plan.

Scanz vs Benzinga Pro: Our Summary

Both Scanz and Benzinga Pro offer valuable tools and resources for traders, with each platform catering to different needs and preferences.

Scanz, with its comprehensive market analysis tools and highly customizable interface, is an excellent choice for traders who require advanced scanning and filtering capabilities. The platform is best suited for experienced traders who are comfortable with a steeper learning curve and require a high level of customization.

Click here to get started with Scanz today.

On the other hand, Benzinga Pro excels in providing real-time news and analysis, making it a reliable source of timely information for traders. Its user-friendly interface and intuitive navigation cater to traders of all experience levels. With flexible subscription options, Benzinga Pro allows users to choose the plan that best meets their requirements and budget.

Click here to get started with Benzinga Pro

Ultimately, the choice between Scanz and Benzinga Pro comes down to individual trading styles and priorities. Traders seeking advanced scanning tools and a customizable experience may find Scanz more suitable, while those looking for real-time news and a user-friendly platform may prefer Benzinga Pro.

Learn More About Scanz

Learn More About Benzinga Pro


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.