Seeking Alpha vs Benzinga 2024: Get Full Comparison
Disclosure
This page may contain affiliate links. This means we earn a small commission (at no additional cost to you) if you purchase a product through our links.There are many different types of premium services that traders can use to help them successfully execute their investment strategies in the stock market.
Services like Motley Fool Stock Advisor or Motley Fool’s Rule Breakers are relatively hands-off, providing specific choices for individual stocks.
On the other hand, services like Yahoo Finance provide subscribers with data, but don’t give them exact investment directions.
Seeking Alpha is Better for: | Benzinga is Better for: |
Technical analysis | Fundamental analysis |
Portfolio tracking | Tracking financial news |
Stock screening | Educational opportunities |
Using multiple types of tools can be extremely helpful, but what if you only have enough money to purchase one premium membership? Furthermore, does the premium plan actually offer substantial benefits over the basic plan?
Today, we’ll be taking a look at two separate services—Seeking Alpha & Benzinga—in an attempt to find out!
Free Features | Limited access (stock quotes, charts, news, analysis pieces, and information w/ Wall Street Ratings), email alerts/updates, investing newsletters | Basic charts, custom watchlists, Nasdaq Basic (15-minute delayed quotes), BZ Wire Newsfeed (without filters), Movers (current session only), Details |
Paid Features | Premium content, email alerts, news updates, stock pricing/charts, Wall Street stock ratings, Seeking Alpha Author Ratings, Seeking Alpha Author Performance, Stock Quant Ratings, Stock Dividend Grades, Seeking Alpha PRO content, Seeking Alpha PRO newsletters, Short ideas portal, Idea screener & filter, VIP Service | Nasdaq Basic, news feed, watchlist, alerts, chart, chat, movers, details tool, premium articles, real-time scanner audio squawk, calendar, signals, unusual options activity, mentorship, Inner circle chart room, regular market overview |
Annual Subscription Fees | $214-$2400 | $324-$3,372 |
Securities Analyzed | Stocks, ETFs, other equities | Stocks, ETFs, other equities |
Investing Approach | Advanced | Fundamental |
Best Use | Advanced investors | Active traders |
Modest Money Review | Seeking Alpha Review | Benzinga Pro Review |
Current Promotion | Get $30 OFF Seeking Alpha Premium Membership for a Limited Time! | |
Modest Money Overall Rating |
Free Features | Limited access (stock quotes, charts, news, analysis pieces, and information w/ Wall Street Ratings), email alerts/updates, investing newsletters |
Paid Features | Premium content, email alerts, news updates, stock pricing/charts, Wall Street stock ratings, Seeking Alpha Author Ratings, Seeking Alpha Author Performance, Stock Quant Ratings, Stock Dividend Grades, Seeking Alpha PRO content, Seeking Alpha PRO newsletters, Short ideas portal, Idea screener & filter, VIP Service |
Annual Subscription Fees | $214-$2400 |
Securities Analyzed | Stocks, ETFs, other equities |
Investing Approach | Advanced |
Best Use | Advanced investors |
Modest Money Review | Seeking Alpha Review |
Current Promotion | Get $30 OFF Seeking Alpha Premium Membership for a Limited Time! |
Modest Money Overall Rating |
Free Features | Basic charts, custom watchlists, Nasdaq Basic (15-minute delayed quotes), BZ Wire Newsfeed (without filters), Movers (current session only), Details |
Paid Features | Nasdaq Basic, news feed, watchlist, alerts, chart, chat, movers, details tool, premium articles, real-time scanner audio squawk, calendar, signals, unusual options activity, mentorship, Inner circle chart room, regular market overview |
Annual Subscription Fees | $324-$3,372 |
Securities Analyzed | Stocks, ETFs, other equities |
Investing Approach | Fundamental |
Best Use | Active traders |
Modest Money Review | Benzinga Pro Review |
Current Promotion | |
Modest Money Overall Rating |
Factor 1: Free Features
While most online platforms require independent investors to pay for a subscription plan before offering any genuinely useful stock research tools, that’s not always the case. Sometimes, a platform will offer a wide range of features that can be used with nearly any investing style for free.
Of course, the most essential features—such as fundamental analysis or exclusive stock market news—are hidden behind a paywall, but that doesn’t mean that long-term investors won’t be able to utilize the free features to some extent.
Let’s take a look at each platform to see what they can offer individual investors without a premium membership.
Benzinga Offers Slightly More for Free than Seeking Alpha
- Benzinga (free) supports charts, custom watchlists, and Nasdaq basic
- Seeking Alpha limits access on everything, and useful articles are paywalled
- Benzinga offers a newsfeed without filters
Seeking Alpha
Since they’re one of the most well-known stock research platforms, Seeking Alpha knows that most experienced traders will see the value of a Seeking Alpha Premium (or Pro) subscription plan. As such, they’ve hidden their wide range of features behind the paywall.
Active traders can access a few Seeking Alpha features for free on the basic plan, including:
- Limited access to stock quotes, charts, and information (including Wall Street Ratings)
- Limited access to news & analysis pieces
- Email alerts & updates
- Free investing newsletters
While these features don’t offer enough to help you make entirely informed investment decisions, they should at least be enough to point you in the right direction.
Benzinga
Benzinga currently offers three different levels of its subscription services, but you can gain access to the basic plan for free. The company is primarily a financial news platform, although it does provide active traders with plenty of data about the financial markets.
The free plan—which only requires you to create an account on the website—gives you instant access to:
- Basic charts
- Custom watchlists
- Nasdaq Basic (15-minute delayed quotes)
- BZ Wire Newsfeed (without filters)
- Movers (current session only), and the
- Details tool
Factor 2: Paid Features
Both services offer multiple subscription plans for experienced investors to take advantage of. While we are providing a brief overview of the features in this section, we strongly recommend taking the time to look over the specifics of each subscription offered.
While some experienced traders may need to subscribe to the “top-tier” plan to maximize their returns, others may find that a lower-tier plan will be sufficient.
Benzinga Offers More Features on its Top-tier Plan
- Benzinga offers training and mentorship, directly from industry experts
- Many users will be fine with the features included in Seeking Alpha Premium
- Benzinga Essential unlocks additional features with an ongoing subscription
Seeking Alpha
Seeking Alpha has two different premium plans: “Premium” and “Pro.” For most independent investors, the Premium plan will meet their investing needs.
The premium plan provides data—such as average return rates and long-term growth history—on a variety of assets including mutual funds, high-growth stocks, penny stocks, bonds, REITs, and ETFs.
It also gives you access to all the premium, analyst-written articles on Seeking Alpha, Author Ratings, Author Performance, the stock screener, stock Quant ratings, and stock Dividend ratings.
Seeking Alpha Pro includes all of the benefits from the premium plan, with the addition of these Seeking Alpha Pro exclusive features:
- Seeking Alpha Pro articles/content
- Seeking Alpha Pro exclusive newsletters
- Short ideas portal
- Ideas screener (with filter)
- VIP customer service
Benzinga
Benzinga currently offers three different paid subscription plans for professional investors: “Basic”, “Essential”, and “Options Mentorship”.
- The Basic plan gives access to Nasdaq Basic (with the same 15-min delay as the free plan) and the full newsfeed, although it doesn’t include advanced filtering. This plan also includes chat, complete access to Movers, the ability to read premium Benzinga articles, and enables real-time alerts for your watchlist.
- The Essential plan removes the 15-min delay from Nasdaq Basic. It also gives access to advanced newsfeed filters, a real-time scanner (which can be helpful for the day trader trying to track penny stocks or high-growth stocks), Audio Squawk, signals, and the calendar. A continued subscription to this plan will unlock the Options Trading Newsletter and the Enhanced Options Trading Newsletter (after 3 and 6 months respectively).
- The Options Mentorship plan includes all of the features mentioned in other plans. However, you’ll also be entitled to “Unusual Options Activity”, the Options Inner Circle Chat Room, “Regular Market Overview to Match Nic’s Winning Trading Strategy”, and a mentorship from Nic Chahine.
Factor 3: Subscription Costs
With the features of each stock screening service in mind, let’s take a look at the costs associated with their premium plan options.
Seeking Alpha is the More Affordable Option
- The most expensive Seeking Alpha plan costs $2400/year
- The Benzinga Options Mentorship costs nearly $350/month
- Most investors won’t get the full value from the Options Mentorship
Seeking Alpha
For $214/year, you can subscribe to the “Premium” plan and for $2,400/year, you can subscribe to the “Pro” plan.
Learn More About Seeking Alpha
Benzinga
For $27, you’ll receive a “Basic” membership. This is the cheapest premium plan but doesn’t offer as many features as the other plans.
For $177/month, you’ll receive an “Essential” membership. This premium plan is the most popular, which makes sense as it offers a wide variety of features that are essential to day trading.
For $347/month, you’ll have access to the “Options Mentorship.” This plan isn’t likely going to be worth it for most investors. However, if you feel that you’ve reached your personal limitations but would still like to improve your investing skills, then the knowledge you could gain may justify the high monthly expense.
Factor 5: External Customer Reviews & Ratings
External Seeking Alpha Reviews & Ratings
Site | Rating | |
Apple App Store | 4.8 from 110,2000 reviews | |
GetApp | 4.5 from 40 votes | |
WallStreetZen | 4.5 | |
Capterra | 4.5 from 40 reviews | |
Best Wallet Hacks | 4.2 | |
Trustpilot | 4 from 273 reviews |
External Benzinga Pro Reviews & Ratings
Site | Rating | |
Google play | 4.6 from 1,340 votes | |
Apple Store | 4.6 from 302 reviews | |
WallSreetZen | 4.5 | |
Liberated Stock Trader | 4.7 | |
Trustpilot |
Seeking Alpha vs Benzinga: Which Service Should You Select?
Which stock screening service is better for you ultimately comes down to your preferred investing style.
If you’re a day trader who relies on real-time data to make split-second trades, then Benzinga is the best option for you. While the “Basic” premium plan won’t offer much value to you, the “Essential” plan should more than meet your daily day trading needs.
On the other hand, if making long-term, calculated investments based on intensive research is more your style, then we’d recommend Seeking Alpha. The premium plan gives you access to a plethora of fundamental analysis tools, and the Pro plan offers more insight into profitable investment opportunities.
You can sign up for Benzinga by clicking here. If you’re interested in Seeking Alpha instead, click here for a 7-day free trial (and take advantage of a $30-off exclusive offer!).
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https://seekingalpha.com/
https://seekingalpha.com/article/4295333-seeking-alpha-premium-overview
https://seekingalpha.com/page/about_us
https://seekingalpha.com/account/portfolio/summary
https://seekingalpha.com/screeners
https://seekingalpha.com/market-outlook
https://seekingalpha.com/stock-ideas
https://seekingalpha.com/dividends
https://seekingalpha.com/etfs-and-funds
https://seekingalpha.com/education
https://seekingalpha.com/podcast
https://subscriptions.seekingalpha.com/lp_mp_eia_energy_stocks_2
https://www.modestmoney.com/seeking-alpha-pro-vs-premium/
https://www.modestmoney.com/seeking-alpha-app-review/
https://www.modestmoney.com/seeking-alpha-free-trial/
https://www.modestmoney.com/alpha-picks-review/
https://www.benzinga.com/
https://www.benzinga.com/services