What Is Finviz?
Launched in 2007 by Juraj Duris, Finviz is a browser-based stock screener and research platform. Finviz has only one subscription: Finviz Elite. Finviz Elite users have access to advanced charting tools, technical analysis, and a unique Correlation Chart, which finds correlations among your holdings so you can build a properly diversified portfolio.
For experienced investors, there’s a simulated environment where you can test new strategies using backtested data from the last 24 years and hone strategies before trying them out in the real world.
Finviz tracks hundreds of futures, forex, and crypto assets and offers real-time quotes and data. With Finviz, you can set up and customize triggers to get notified of any investing opportunities. Alerts and notifications are sent directly to your email.
In this quick Finviz summary, I will go over all the best features of this platform. If you want to read a more in-depth analysis, check out our full Finviz review.
Pros & Cons of Finviz
Pros
- Track futures, forex, and crypto assets
- Set up alerts & notifications with customizable triggers
- Advanced charting & technical analysis tools
- Access proprietary Correlation Charts
- Very generous referral program
- Complete access to a Backtesting environment
Cons
- There’s only one subscription
- Requires some investing experience
- No free trial
Real-Time Quotes and Advanced Charts
Finviz offers real-time data & quotes and access to extended hour sessions, including premarket & aftermarket stock data. From the Finviz dashboard, you can visualize your favorite stocks using advanced screeners and charting tools. Some of the charts available include:
- Intraday Charts
- Advanced Charts
- Technical Analysis
- Correlation Charts
- Enhanced Stock Screener
The Correlation Charts is a Finviz proprietary software that finds direct and inverse correlations between stocks. Used correctly, you can use this tool to find investing opportunities and build a diversified portfolio by keeping a low correlation among your assets.
The Enhanced Stock Screener comes with dozens of customizable filters and advanced charts, plus a statistics view that can help you decide if it’s worth investing in a particular stock.
Set Up Triggers and Get Notified Directly to Your Email
With Finviz, you can set up notifications and get notified directly to your email. Some of the triggers available include:
- News
- Ratings
- Price
- Screener criteria
- Insider Trading data
You can fully customize and mix these triggers, or you can set up notifications using the same Screener Criteria you use with the Enhanced Stock Screener to find stocks. The dashboard is straightforward and doesn’t need any programming experience.
Supported Assets
With Finviz, you can keep track of all the major markets and indexes like the S&P 500, NASDAQ, and the DOW. You can also track individual asset classes like:
- Futures
- Forex
- Crypto
Additionally, there’s an Insider Trading selection where you can check what some of the most prominent investors are doing. You can filter by buy/sell transactions and see detailed information like date, cost, number of shares, and total value.
If you don’t have much experience investing and would instead copy what professionals are doing, check our full Gurufocus review.
Backtesting Environment
With Finviz, you can develop and try out new strategies in a completely safe environment. Finviz backtesting environment uses real data from the last 24 years. As an Elite user, you’ll have access to technical backtesting studies plus 100 technical indicators and benchmarks. Additionally, you’ll have the option to compare your strategies side-by-side with indexes and markets to compare the performance in that same period.
Finviz Fees
- Finviz Free Plan: Free
- Finviz Elite Plan: $39.50/month (or $475/year)
If you sign up using our link below, you will only pay $24.96/month (or $299.50/year) for the elite subscription.
If you’re not looking to spend money, we recommend a platform like Simply Wall St, which offers advanced features, even on their free plan.
Sign-Up Process
Anyone can register and create a Finviz account, but the company mainly focuses on US citizens. There are no special requirements to register; you only need a valid email address. Here are the steps:
- Visit finviz’s website
- Click Register at the top right
- Enter a valid email address and create a password
- Choose a plan
If you use our link to sign up, you will get a discount of 37% on the annual subscription – you’ll only pay $299.50/year. You can also join their referral program and earn 30% commissions when one of your friends signs up.
Finviz Trustpilot Reviews
Finviz has decent reviews from its users, and it holds an average rating of 2.9 on Trustpilot. Here’s what some of those users have to say about Finviz:
- “What I like most about this website is that it offers free “Screener” service to scan the stocks based on technical and fundamentals. The website is very responsive, and from my experience, there are no lag or issue at all.” – Shawn H.
- “I liked the platform and was about to buy a yearly subscription after canceling my monthly trial before 30 days period, which they did and refunded, but then they sent me a survey which says that if you fill it, you’ll get a 30days extended trial which I did fill and guess what it was a false promise, no extended trial.” – Yasir M.
- “In my opinion, it is one of the best web sites for selection American stocks at exchanges NYSE, NASDAQ, and AMEX. You can tune stock filters by your own parameters.” – Totallch O.
- “The best platform together with SeekingAlpha to keep updated about the stock market. Nice screener and the data seems of good quality. The only cons, is it should also manage international stocks.” – Matthew L.
If you are not fully convinced that this particular service is for you after reading these reviews, we recommend checking out Seeking Alpha. Seeking Alpha is one of the most established stock research platforms, with more than 20 million monthly visitors.
Final Thoughts
Finviz is an advanced stock screener and research platform for futures, forex, and crypto. Finviz offers some very unique features, starting with their proprietary Correlation Chart, which can help you build a properly diversified portfolio. Finviz also offers a very thorough backtesting environment where you can use data from the last 24 years, develop new strategies, and test them out in a safe environment. For those reasons, we recommend Finviz for experienced traders looking to optimize their investments.
