Skip to content

Finviz vs. Tradestation – A Detailed Comparison

Discover our detailed comparison of Finviz and Tradestation to help determine which is best for you. Whether you’re a seasoned trader or just starting out, choosing the right platform can significantly impact your trading experience. 

To make your research easier, we manually found key data for Finviz and Tradestation across the internet and compiled it all in this article. 

Overview of Finviz

Finviz is a great charting and fundamental analysis software primarily designed for stocks, but it does offer some features for crypto, futures, and forex. You can view charts, analyst price targets, and useful fundamental data quickly for most tickers.

Overview of Tradestation

TradeStation is a brokerage firm that caters to active traders and very serious investors who demand a comprehensive platform with advanced trading features and analytical tools. While TradeStation is a solid brokerage, options traders must be aware of the abnormally high exercise fees.

Key Characteristics of Finviz and Tradestation

FeatureFinvizTradestation
Platform TypeCharting and Screening SoftwareBrokerage Platform
Tradeable AssetsNot a broker, but you can chart stocks, ETFs, futures, crypto, and forexStocks, ETFs, Mutual Funds, Options, Futures, Futures Options, Crypto, Forex
Charting FeaturesProvides web-based charting tools for stocks, futures, crypto, and forex, including technical indicators and interactive chartsDownloadable and web trading platforms
DataDaily, weekly, and monthly time frames are free, but you must purchase Finviz Elite for intra-day dataReal-time data with funded account
Premium Pricing$24-$40 per monthNo premium features

Who is Finviz Best For?

Finviz is best for swing traders who want a free charting platform and an easy way to view key fundamental data and analyst price targets. The platform has cool features like auto-trendlines and indicators to help you quickly analyze good trading and investing opportunities. Finviz Elite is great for day traders who want intraday data, but keep in mind TradingView includes nearly real-time intra-day data for free on most tickers.

Who is Tradestation Best For?

TradeStation is best suited for traders who need a sophisticated trading environment. Its platform might be overwhelming for beginners but is highly appreciated by experienced traders for its depth, flexibility, and range of professional-grade tools.

Trading Features and Tools

FeatureFinvizTradestation
DRIPNot a brokerNo
Margin TradingNot a brokerYes
InsuranceNot a brokerSIPC Insured
Mobile AppNoNo

Trading Costs and Commissions Compared

Fee TypeFinvizTradestation
Equity CommissionNot a brokerFree
Option CommissionNot a broker$0.60 per contract
Futures CommissionNot a broker$1.50 per contract, $0.50 micro
Futures Options CommissionNot a broker$1.50 per contract
Option Exercise FeeNot a broker$14.95 fee at expiration, early exercise is $1.50 per contract with $5,95 minimum

Finviz vs Tradestation – Bottom Line

Choosing between Finviz and Tradestation depends on your specific trading needs, preferred trading tools, and the type of assets you’re interested in. 

Both platforms offer distinct advantages, but by considering the detailed comparison above, you can select the one that aligns best with your trading strategy and goals.

For more detailed reviews and comparisons, continue exploring our other articles on brokerage platform comparisons.

What is the Overall Best Charting Software?

I have reviewed and used nearly every trading platform available, and I believe that TradingView is the best overall charting software available. Here are some reasons why:

  • All of TradingView’s key features are free to use
  • TradingView provides real-time data for free whenever possible
  • You are not tied to a single broker and can use whichever you want while charting on TradingView
  • You can track all markets on a single platform, including stocks, ETFs, crypto, forex, and futures.
  • TradingView has an excellent economic calendar and various screeners

If you sign up for a TradingView account using my affiliate link, you can get a 30-day free trial of its premium features plus a $15 credit toward your subscription. However, signing up for a free trial is not required, and you can use nearly all of its features with a basic free account. You can read my full review of TradingView to learn more. 

Related Trading Platform Comparisons


MT4 vs Tradovate

Finviz vs MT4

Finviz vs Tradestation

Ninjatrader vs thinkorswim

Fidelity vs thinkorswim

Recent Posts

tradingview logo

Join over 50 million traders who trust TradingView!

Technical Analysis
tradingview logo

Join over 50 million traders who trust TradingView!

×

Get Our Stocks & Options 101 eBook for FREE!

Learn How To:
– Craft a stock portfolio
– Leverage options trading
– Build financial freedom