What is Simply Wall Street? A Comprehensive Review

Jeremy BiberdorfBy: Jeremy Biberdorf

August 28, 2023August 28, 2023

Simply Wall Street

Simply Wall Street is an innovative platform designed to help investors make well-informed decisions by transforming complex financial data into easily understandable visuals. Founded in Sydney, Australia, the company has rapidly grown in popularity, offering a unique approach to stock analysis. Let’s jump into this Simply Wall Street review.
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What Is Simply Wall Street?

Simply Wall Street is a financial analysis platform dedicated to providing users with comprehensive insights into the stock market. The company is located in Sydney, Australia, is a testament to its global reach and ambition. Founded with the mission of simplifying the word of stock investing, the platform offers a curated list of top FinTech stocks, showcasing companies that deliver low-cost digital services such as payments, debit and credit cards, loan automation, and money transfers.

Additionally, it provides detailed analysis and value-added services for specific stocks. At its core, Simply Wall Street aims to simplify finances and empower users to make informed investment decisions by offering fundamental analysis and in-depth visual reports on over 100,000 stocks.

Features and Benefits

  • Visual Data Representation: One of Simply Wall Street’s standout features is its ability to turn intricate financial data into simple, easy-to-understand visuals. This aids investors in making informed decisions without getting overwhelmed by numbers.
  • User-Friendly Interface: The platform is designed with user experience in mind, making it easy for both beginners and seasoned investors to navigate and extract valuable information.
  • Stock Analysis: The platform offers in-depth analysis of stocks, helping investors understand the intrinsic value of a company, its future potential, and its current financial health.
  • Portfolio Analysis: Users can link their brokerage accounts and get a holistic view of their portfolio. The platform provides insights into diversification, potential risks, and areas of improvement.
  • Learning Resources: For novice investors, Simply Wall Street offers a range of educational resources. From articles on investment strategies to tutorials on using the platform, there’s a wealth of information available.
  • Accessibility: Simply Wall Street is accessible via its website and has mobile applications for both Android and iOS. This ensures that investors can access their data and insights on-the-go, making investment decisions whenever and wherever they choose.

Simply Wall Street’s Trustworthiness: Trustpilot Reviews

One of the most trusted third-party review platforms, Trustpilot, gives Simply Wall Street an “Excellent” rating with an impressive score of 4.5 out of 5. This rating is based on the feedback of over 4,032 customers. Here are some of the positive reviews from real users:

  • Matt Londa mentioned, “New to me, but WOW! Lots of valuable info. Just signed up for the free version and was amazed by the wealth of information provided. Considering switching from Zacks to Simply Wall Street.”
  • Marcel praised the platform as a “Very good tool for analyzing stocks and companies.” However, he suggested improvements in the color-intensive representations for printouts.
  • Donna described Simply Wall Street as a “fantastic business” with an easy-to-use app and outstanding customer support.

These reviews highlight the platform’s reliability, user-friendliness, and comprehensive analysis tools.

Simply Wall Street Pricing

While the platform offers a limited free version, its full range of features is available through a subscription model. The pricing is tiered, catering to both individual investors and professionals.

  • Free Plan: This plan is free forever and offers 5 company reports per month and analysis for 5 portfolio stocks.
  • Paid Plan: Priced at $10, this plan is designed for users who want to keep on top of their investments. It offers more features than the free plan. There is also an unlimited plan for $20 per year.

Minor Drawbacks

While the platform is highly praised, some users have pointed out minor flaws:

  • Color-Intensive Representations: Some users find the platform’s color-intensive visuals less suitable for printouts.
  • Fair Value Calculations: A few users have expressed skepticism about the platform’s fair value calculations, especially when they deviate significantly from current stock prices.

However, it is important to point out that most reviewers are satisfied with the service.

Final Verdict: What Is Simply Wall Street?

Simply Wall Street has carved a niche for itself in the realm of stock analysis by offering an innovative and efficient method that stands out from traditional techniques. One of the platform’s standout features is its ability to transform intricate and often overwhelming data into visually appealing and easily digestible representations. This not only aids seasoned investors in making quick assessments but also assists novices in understanding the nuances of the stock market without feeling overwhelmed.

Although no platform is without its flaws, and there are minor aspects of Simply Wall Street that could benefit from refinement, the overwhelmingly positive feedback it has garnered from its user base speaks volumes about its dependability and efficacy. If you’re interested in exploring Simply Wall Street further and making informed investment decisions, click here to get started.
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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.

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