Benzinga Pro Review: Is It Worth It, Is It Legit, and Reviews (2024)

Alright, buckle up because we're about to dive into the nitty-gritty of Benzinga Pro. It's like the superhero sidekick for traders and investors, offering real-time data, cool features, and alerts you can tweak to your heart's content.

We're talking about the tool that could be your secret weapon in the financial jungle. So, let's break down what Benzinga Pro brings to the table, what it's great at, and maybe a few things to keep in mind.

Ready? Let's roll!

What is Benzinga Pro

Benzinga Pro is a comprehensive investing tool that provides fast stock market news, alerts, and customizable research tools. It offers market news through text and audio squawk, stock screeners, chart analysis features, trade alerts, and a trading room. It is suitable for active traders and investors of all experience levels and trading styles. This tool is highly configurable, responsive, and easy to use. It surpasses its competitors in terms of price and offers trustworthy, dependable, real-time news, alerts, insider block trade, and options activity signals for US stock traders.

Benzinga Pro features include fast stock market news and alerts, market-moving news, customizable research tools, day trading and investing news, company details, earnings, dividends, and guidance calendar, a watchlist, and market movers.

Suitability for Different User Types:

Benzinga Pro is suitable for a variety of user types, including both experienced traders and beginners. It offers customizable interfaces and advanced tools for experienced traders, allowing them to tailor the platform to their specific trading strategies.

On the other hand, for beginners, Benzinga Pro provides a user-friendly interface and resources designed to facilitate a smooth and efficient trading experience.

Additionally, Benzinga Pro is suitable for investors who value real-time alerts. The platform offers real-time investment news and actionable trading ideas, ensuring that users stay updated with the latest market information.

Benzinga Pro also stands out for its customer support, providing 24/7 assistance to its users. This level of support can be valuable for traders and investors who may have questions or need assistance at any time.

Overall, Benzinga Pro is a suitable platform for traders and investors of different experience levels, offering customizable features, real-time alerts, a user-friendly interface, and reliable customer support.

Why Benzinga Pro and Who is it for?

Benzinga Pro offers a range of tools and features that cater to the specific needs and goals of different user types.

1. Day Traders:

Day traders require real-time data and news updates to make quick and informed trading decisions. Benzinga Pro's real-time newsfeed and scanner allow day traders to filter for stocks based on various criteria such as price, volume, short interest, relative volume, float, market cap, and outstanding shares. This enables day traders to identify potential trading opportunities and stay updated with market developments.

2. Investors:

Investors need comprehensive market insights and analysis to make long-term investment decisions. Benzinga Pro's news feed and extensive coverage of financial news provide investors with the information they need to track market trends, analyze companies, and make well-informed investment choices.

3. Traders at Every Stage:

Benzinga Pro caters to traders at every stage of their journey. The platform offers educational resources, including courses on day trading, swing trading, options, futures, and price action. These resources help traders enhance their trading skills and knowledge, empowering them to trade profitably.

Benzinga Pro effectively addresses the specific needs and goals of each user type by providing real-time news and data updates, a customizable interface, educational resources, and tools like the scanner to filter for stocks. Whether it's day traders looking for quick insights or investors seeking comprehensive market analysis, Benzinga Pro offers a range of features to cater to their requirements.

Customization

One key aspect of Benzinga Pro is its highly customizable interface. Users can tailor the platform to fit their specific trading strategies and preferences. They can customize their news feeds, set up alerts for specific criteria, and personalize their dashboards to ensure they receive the most relevant information for their trading style.

Customer support

To contact Benzinga Pro customer support, you have multiple options available. You can reach out to them by phone, email, or chat. If you prefer to chat, you can find a blue bubble in the bottom right corner of your screen and click on it to start a conversation. For phone inquiries, you can contact Benzinga Pro at 877-440-9464. If you prefer to send an email, you can reach them at [email protected]. They welcome any inquiries or questions regarding their content.

Trustpilot Reviews

It has received positive reviews on Trustpilot, with a rating of 4.5 stars. Users appreciate the wealth of information available on the platform, although some find it overwhelming at times. In terms of price and usability, Benzinga Pro is highly competitive compared to its counterparts such as MetaStock, Bloomberg, and Refinitiv.

Benzinga Pro Review: What are Customers saying?

the overall reviews and customer satisfaction for Benzinga Pro seem to be positive. Customers have complimented the platform for its informative meetings, stock analysis, and technical analysis. The platform is praised for being trustworthy, and dependable, and providing real-time news, alerts, insider block trade, and options activity signals for US stock traders.

Additionally, users have expressed satisfaction with Benzinga Pro's configurability, responsiveness, ease of use, and competitive pricing. Trustpilot reviews also indicate that many subscribers are satisfied with their Benzinga Pro subscriptions, finding value in the service and stating that it makes their trading life easier.

Pricing

The pricing for Benzinga Pro offers different plans at an annual, quarterly, or monthly rate. There are two levels to choose from, basic and essential.

The basic plan is available at a monthly rate of $37 and includes access to every free feature, Nasdaq Basic real-time quotes, full newsfeed without advanced filtering, chat movers, and watchlist alerts.

Benzinga Pro aims to provide fast stock market news and alerts to its users. It offers market-moving news and customizable research tools to help traders make informed decisions.

Additionally, there is a limited time offer from eToro, where if you buy $100 worth of crypto, you will receive a $10 bonus. Please note that eToro supports various cryptocurrencies such as BTC, ADA, DASH, DOGE, EOS, ETH, LTC, NEO, XLM, XTZ, and TRX.

Benzinga Pro Review: Is It Worth It, Is It Legit, and Reviews (1)

Is Benzinga Pro easy to use?

Benzinga Pro is highly configurable and responsive. Additionally, the platform has an app that is fully functional on mobile devices, making it convenient for users. The combination of features such as stock screeners, real-time market news feeds, charts, stock and options alerts, and a trader chat room in one tool suggests that it is an all-inclusive platform that simplifies the trading process.

Pros and Cons

Pros:

  • Offers real-time news about the market, industry sectors, and individual stocks we
  • Fully customizable investment tools to fit your investment needs and techniques
  • Chat rooms to interact with other traders, learn and share trading ideas
  • Audio alerts and a squawk box to keep you updated off-screen
  • Full news-feed access
  • Options alerts, price/volume movers, rumors, analyst ratings, and floor trader commentary
  • Powerful research tools
  • Customizable real-time news feed
  • Clean and user-friendly interface

Cons:

  • It may not have everything that other platforms offer, suggesting there might be limitations compared to competitors.

Conclusion: Is Benzinga Pro worth my investment?

Benzinga Pro is a financial media outlet that offers real-time investment news and actionable trading ideas to active investors. It has been in operation since 2009/2010 and has grown to attract about 25 million readers.

According to a review published on April 28, 2023, Benzinga Pro is worth the investment for active traders who want to find the best trading opportunities as soon as they happen. The review suggests that it provides real-time news, alerts, insider block trade, and options activity signals for US stock traders. Additionally, the review mentions that Benzinga Pro is highly configurable, responsive, and easy to use compared to its competitors, making it a trustworthy and dependable tool.

Another review published on March 27, 2023, supports this claim by stating that Benzinga Pro offers reliable real-time news, alerts, and options activity signals for US stock traders. It further highlights its ease of use and competitive pricing.

Finally, a review from June 15, 2023, states that Benzinga Pro is a great investing tool for active traders and investors. It combines market news, stock screeners, chart analysis features, trade alerts, and a trading room.

Overall, based on these reviews provided, it can be concluded that Benzinga Pro is worth the investment for potential users, especially active traders and investors, due to its real-time news, actionable trading ideas, ease of use, and competitive pricing in comparison to other similar services.

Benzinga Pro Review: Is It Worth It, Is It Legit, and Reviews (2)
Benzinga Pro Review: Is It Worth It, Is It Legit, and Reviews (2024)

FAQs

Is benzinga pro worth the money? ›

The Bottom Line: Yes, Benzinga Pro is worth it if you're an active trader who wants to find the best trading opportunities as soon as they happen. Here's why. Active traders need to be in tune with the market at all times or they risk missing an opportunity.

What are the benefits of Benzinga pro? ›

Benzinga Pro's features include: full news feed access, real time speed, comprehensive searching, previews/commentary, trading ideas, customization/watch lists, audio news, exclusive comments from corporate CEOs, the ability to chat with the news desk, and an all-new interface designed specifically for a seamless user ...

How legit is Benzinga? ›

Benzinga is owned by Beringer Capital, who purchased them on Oct 25, 2021. Is Benzinga Research Legit? Benzinga Research is a legitimate service used by thousands of traders. It provides real-time alerts, news, insider block trades, and options signals.

Is benzinga options any good? ›

Benzinga Options is one of the most affordable ways to access signals, education, and analysis from a professional trader — if you look around, you'll see that other Benzinga Options reviews agree. The one downside? Signals and analysis twice per month might not be enough if you want to be an active trader.

What is better than Benzinga pro? ›

TrendSpider offers an advanced, ad-free experience that stands out from Benzinga Pro and other competing products.

How to get Benzinga pro free? ›

14-Day Trial. Join Benzinga Pro FREE for 14 days. You'll get lightning-fast alerts, expert tools, and live trainings without risking a penny. I agree to receive alerts, educational, and promotional messages sent via an autodialer, and this agreement isn't a condition of any purchase.

Does Benzinga Pro have a money back guarantee? ›

Benzinga does not offer cash refunds but if you are not happy for any reason, you can contact a member of the Benzinga support team within 30 days and get a FULL credit refund which can be applied to any current or future Benzinga product.

How do I cancel my Benzinga Pro subscription? ›

To cancel Benzinga Pro, click on the account icon in the upper right corner of Pro, then select "Account" then go to "Billing" inside your account settings Pop-UP, then click on "Cancel Subscription".

What is the difference between Benzinga Pro and TradingView? ›

While Benzinga Pro emphasizes on user experiences, TradingView focuses on functionalities. Which is better Benzinga Pro or TradingView? It all depends on the functionalities that you prefer. While Benzinga Pro offers add-ons along with essential features, TradingView emphasizes on customization.

Who is Benzinga owned by? ›

Benzinga was bought out by Beringer Capital on Oct 25, 2021 .

Can you get scammed trading stocks? ›

Investment scams and the forms they take:

Boiler room scams: High-pressure salespeople work over investors, urging them to buy overvalued or non-existent securities. Pump and Dump Schemes: Scammers enthusiastically promote (“pump”) a stock or other asset to inflate its price, then sell off (“dump”) their own shares.

Is day trading a gimmick? ›

Day trading is not a scam — it's a legitimate form of trading that many people (including me and my students) engage in to make money from the markets.

Who is the most successful options trader? ›

The Most Successful Options Traders in the World
  • Edward Thorp. While it's hard to make a ranking, it is possible that our top choice for the most successful options traders would be Edward Thorp. ...
  • Warren Buffett. ...
  • Tom Sosnoff. ...
  • John Arnold. ...
  • Guy Saidenberg.
May 27, 2024

How does benzinga work? ›

Instead of giving financial advice, Benzinga gives you the news to make informed decisions to take control of your own financial future. This new investor is nimble, intelligent and creative. Dissatisfied with the dinosaurs of financial media, they craved a different, more engaging source of information.

What is the most profitable option trading? ›

Furthermore, this is considered the best option selling strategy.
  • 2) Bull Put Spread. ...
  • 4) Synthetic Call. ...
  • 5) Bear Call Spread. ...
  • 6) Bear Put Spread. ...
  • 7) Strip. ...
  • 8) Synthetic Put. ...
  • 10) Long Strangles & Short Straddles. ...
  • 12) Breakout Strategy.
Jul 12, 2024

What is the best trading app to make money? ›

Best Stock Trading Apps of 2024 Summary
  • Best overall: Charles Schwab.
  • Best for active trading: TD Ameritrade.
  • Best for beginners: SoFi Invest®
  • Best for low fees: Vanguard.
  • Best for long-term investing: Fidelity Investments.
  • Best for expert traders: Interactive Brokers.
  • Best for banking and stock trading:Ally Invest.
Aug 30, 2024

What is the best trader platform? ›

Best online brokerage trading platforms in September 2024:
  • Charles Schwab.
  • Fidelity Investments.
  • Interactive Brokers.
  • Ally Invest.
  • E-Trade.
  • Merrill Edge.
  • TradeStation.
  • Tastytrade.

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