StocksToTrade 2021 review – bringing broker power to private traders

If you want to make money by actively trading stocks then you are going to need a tech platform to help and a capable stock scanner is an absolute must.

StocksToTrade have a developed stock scanner that brings professional level power to the masses but just how good is it and is it worth buying?

Let’s find out in our StocksToTrade 2021 review.

Background

Launched way back in 2009, StocksToTrade’s all in one platform is designed to take away the need for multiple pieces of software and separate information portals for the active investor.

The system was designed from the ground up to collate all the information you need to make an informed choice and then link in with your broker.

Since that time the company has had a rolling improvement process that has turned an already capable system into a world beater.

Whilst that all sounds like a good offer, what is really remarkable is the depth of the training and support that is included within the package. Called the ‘STT university’, this combines hundreds of hours of training resources into a world-class education package for traders at all levels.

Note though that this is not a SaaS service. It’s a professional level service and so it needs downloading onto a PC or MAC and can’t be accessed using a smartphone or mobile device. You’ll also need a fast broadband connection if you want to make the most of the system.

StocksToTrade features

The StocksToTrade platform is a fully featured system that allows traders to get access to information that will help them to improve their profitability, whatever type of strategy they are following.

Stock screener and scanner

Given that the NYSE claims almost 3000 companies listed then you can see how difficult it would be to manually assess each stock for its viability. Add in the fact that the NASDAQ has a similar amount then you see the size of the task at hand and that’s before you even start thinking about Over The Counter (OTC) stocks.

The centrepiece of the StocksToTrade system is an exceptionally capable stock screener and scanner that allows the user to choose from thousands of variables to search out stocks that meet their exacting criteria and discard the rest.

The StocksToTrade UI is intuitive and easy to program with no specialist coding knowledge required which is a particular issue with many competing systems.

For a more general market appraisal there are built in templates to show a variety of analyses including top gainers, top losers, stocks breaking out, stops pulling back and stocks rebounding.These can then be used as the basis of a deep dive to drive more understanding of specific stocks included within one of the general lists.

Charting options

One of the more popular methods of analysis is charting and StocksToTrade is built to provide traders with access to a wide variety of different types.

Again there are standard analyses that are available at the click of a button and these can form the backbone of a basic strategy, especially for beginners.

However for more advanced traders there are a series of highly customisable charting options that gives enterprise-level capabilities to any user.

Market depth data

Many traders assess the viability of a target based on the depth of the market for its stocks.

Unlike other systems, the StocksToTrade offering gives access to level 2 information that is ordinarily not available for all but the most connected professional.

This allows an active trader to deepen their understanding of potential trades by supplying information such as bid/offer spreads, volumes and demand and supply dynamics.

The customisation options means that any of this information can be embedded in a chart to show all the information on a particular stock at a single glance.

Broker integration

We mentioned earlier that you need to have a fast broadband connection and there’s a good reason for this.

The stock market is all about speed and agility and traders can make serious money by getting in and out of a position in short order.

To achieve this you need three things; a fast connection, a fast scanner and to be plugged in to an exceptionally fast broker. You need to be able to quickly spot, assess and order trades as soon as the stars align.

StocksToTrade integrates with a number of brokers that allow this and in some cases also gives traders a very cheap method of doing so with commission free trades.

Real-time integration is the goal of any system and to this end the StocksToTrade platform already integrates securely with Interactive Brokers, Just2Trade, E*TRADE, Ally Invest, Capital One and Robinhood with others set to follow shortly.

Research

Every trader, whatever their strategy, needs to do research and the aim of the StocksToTrade system is to bring all of that under one roof.

Superfast level 1 data is combined with real-time company press releases, twitter feeds, SEC filings and more combine to build up a complete picture of your watch list and importantly it does this quicker than your competitors.

Need to know the company CEO? Want to see their latest insider trades? Information is available and rapidly updated to give the everyday trader the same advantages as those enjoyed by the institutional buyer.

StocksToTrade Pricing

StocksToTrade is aimed squarely at day and penny stocks traders where speed of movement and volume of trades are important so this is not a system for investors as such.

This means that for the occasional investor it can be a bit pricey but for the active trader it can make a month’s worth of subscription back in a single trade!

There’s a 14 day trial available for people who are considering taking the plunge at only $7.

For people who want to pay monthly the cost is $179.95 and this covers unlimited trading and access to the STT University.

For those who like a deal there is a $250 discount for paying annually in advance making it more cost effective.

Wrapping up

Let’s be clear that StocksToTrade is a serious bit of kit and isn’t likely to be attractive to the average hobby trader or medium term investor.

Instead the power of the system is best utilised when you need rapid access to information and want to act on it quickly.For day traders and those who look to get in and out of penny stocks ultra-rapidly then StocksToTrade is the ideal vehicle. With its multiple information sources, advanced and customisable charting and heavy-duty stock scanner this is a very capable piece of software.

There’s no doubt that a fast and accurate screener and scanner is a must-have in any active trader’s armoury and StocksToTrade fits the bill perfectly.