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Scanz Review: A Must-Have Stock Trading Tool

Scanz Review: A Must-Have Stock Trading Tool

If you’re looking to trade stocks, then you can’t do without Scanz.

This tool scans the market–hence the name–and gives you a ton of filters and an intuitive workspace to help you find the trading opportunities you’re looking for.

Who is Scanz For?

Make no mistake, Scanz is not for the casual investor.

If all you want to do is buy a couple mutual funds and check on them so infrequently that you have to click “forgot password” every time you want to login, then Scanz is not for you.

On the other hand, if you want to find deals that no one else can find and make a profit trading stocks, then Scanz is what you’re looking for.

In short, Scanz is for serious day traders.

How Do You Use Scanz?

Scanz is downloaded onto your computer, and then it tracks, in real-time, all the stocks available on the market. But it doesn’t overload your computer because of its compression algorithms.

The program does take some getting used to, as there are many features available, but the website has helpful guides and videos that walk you through how to use each feature to achieve the results you’re looking for.

Once in, you’ll find an easy-to-use dashboard. The montage window, for example, allows you to view all the data you need in one place.

Review of Scanz Features

Scanz is loaded with great features to help you make money in equity markets.

Its features are comparable to other stock market scanning products and trading platforms, like Trade Ideas and SpeedTrader, and it has similar technical analysis tools compared to products like Trend Spider and TradingView. Scanz combines all of this into one platform.

Here are some of the most essential features:

Notifications

One of the most important aspects of trading is staying on top of the news. When new information comes out, prices can move quickly. If you’re not able to respond in time you will miss out on the market move.

Scanz has the ability to set notifications based on the parameters that are important to you, alerting you the instant an opportunity arises.

These alerts occur in real-time so you can stay ahead of the competition.

Charts

You can generate charts based on the technical indicators you prefer. All the classics are available, like oscillator variables or MACD, plus many others as well. And with the built-in drawing tools, you can write on top of charts and make notes to find patterns that you wouldn’t be able to find otherwise.

Fundamental filters

Scanz has robust fundamental analysis tools, and one of the best is the ability to search the market based on fundamental variables. You can quickly sort through a sea of data to compare stocks and find the mispricings you’re looking for.

News Scanner

Not only can you search equity markets based on the criteria you want, you can also search news sources to find valuable information. With data sources available such as the SEC, major news publications, and many financial blogs, you can always stay aware of the latest reports.

Pro Scanner and Easy scanner

Among the many features of Scanz is both an easy scanner and a pro scanner.

Don’t let its name fool you, the easy scanner is still powerful but its simpler design lets you view the data you need and find what you’re looking for quickly. On the other hand, for those times when you want to dig deep into data, the pro scanner’s fully customizable platform lets you do it all.

So whether you’re looking to quickly view the most essential data or create complex multi-variable scans, Scanz has the capability to meet your needs.

Broker Integrations

Every second counts when you need to act on the valuable information you find. One way Scanz helps you act fast is by connecting to most major brokers. This allows you to trade right within the platform, executing trades quicker and saving precious time.

Review of Scanz Cost

Scanz costs $169 per month for all the core features. You can also add the “OTC add-on” for trading penny stocks for an additional $15 per month.

The pricing model is month-to-month, which is great because it doesn’t force you to make an annual commitment. There’s also the option for a 7-day free trial to get accustomed to the system before buying.

Also, if you do choose to pay annually, you get a discount of two free months.

Scanz Review Conclusion

Stock trading is an information game, and Scanz is a powerful information tool.

It allows you to do high-level technical analysis and in-depth fundamental analysis, all in one dynamic platform. Its real-time data stream gives you the information you need, when you need it, and the interface puts these tools in one convenient window.

Check out Scanz for yourself, and start reviewing the program by clicking here.

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