Benzinga Pro is one of the biggest and most renowned investment research platforms in the US. It was launched in 2010 by Jason Raznick to make trading accessible to the average investor and combine real-time news with actionable trading ideas. Benzinga averages 25 million worldwide visitors every month.
Benzinga Pro offers four free plans plus three premium plans: Basic, Essential, and Options Mentorship Plan. The best is that the Free plan will give you an excellent idea of what the premium plans offer – you will have access to Nasdaq Basic Quotes (15-minute delay), Key Stock Stats, and the Benzinga Wire Newsfeed.
Some features exclusive to the premium plans include Daily Movers (great for capitalizing on daily fluctuations, especially for day traders), Sentiment Indicators (with short-term predictions based on news and historical data), Signals (filter and receive notifications by trading volume and price), and Audio Squawk.
One great feature for options traders is the unique, Unusual Options Activity. This alert triggers when there is an unusually large volume of stocks or options being traded. Thus, this can become a very profitable endeavor if you are familiar with this type of trade.
In this quick Benzinga Pro summary, I will go over all the best features. However, if you want to read a more in-depth analysis, check out our full Benzinga Pro Review.
The Benzinga Pro newsfeed is a highly customizable data feed that gathers real-time data from six sources, including Benzinga Signals & Wire, Jiji Press, Nasdaq Basic quotes, and SEC fillings. Additionally, you can filter by categories like crypto, commodities, analyst ratings, and sector. Some sectors include real estate, energy, technology, and healthcare. After you’ve set your filters, you can keep track of all your stocks – and receive notifications – by setting up a Watchlist.
Benzinga Pro is designed as a one-stop solution; through the Details tool, you can access more specific information about the ticker, including earnings announcements, financials, Key Data, and even TradingView charts updated in real-time.
For experienced traders, the Benzinga Pro Movers tool can be a game changer. With this tool, you can track all the top market movers – gainers and losers – over different periods. You can filter by:
And those are just some of the options available – the Movers list refreshes every minute. If you want to learn more, you can freeze it and pull up the details page to find all the information available, including news and charts, so you can figure out why it's moving and make an informed decision and capitalize on short-lived opportunities.
It can be very difficult to keep track of every single investment at all times – that’s when the Benzinga Pro Signals tool comes in. With this tool, you can get alerted to price and volume-related events in real-time. Here are some of the signals you can set up:
This can be particularly useful to options and day traders who need to make snap decisions to realize a profit. Another great tool that you can opt-in for – and that comes for free with the Options Mentorship plan – is the Unusual Options Activity add-on. It offers exclusive access to the Benzinga Pro Options Activity Signal for just $27.97/month.
Benzinga offers a 14-day trial on all of their products, money back guarantees. But, keep in mind there is a limit of one free trial per person.
Anyone can register and sign up with Benzinga Pro, but the company mainly focuses on US citizens. However, there are no special requirements to create an account; you only need your name, phone number, and email address.
Make sure to use our link to sign up – you won’t be able to enter the coupon code after you start the trial or sign up for any of their plans. Our coupon comes with a 34% discount on your first subscription.
