Explore an affordable platform offering real-time market data and advanced trading tools, ideal for traders and investors alike.
Money.net is a low-cost alternative to traditional financial terminals, offering real-time market data and advanced trading tools for as little as $9.95 per month. With features like live streaming data, customizable dashboards, and AI-driven insights, it caters to traders and institutions seeking fast, accurate market information. Here's what you need to know:
- Key Features: Real-time quotes, technical analysis tools, trade idea generation, and Excel integration.
- Market Coverage: U.S. equities, forex, cryptocurrencies, options, and more.
- Pricing Plans: Starts at $9.95/month, with optional add-ons for tailored data needs.
- Platform Comparison: Affordable and flexible compared to Bloomberg Terminal or TradingView.
Whether you're a day trader or an institutional investor, Money.net combines essential tools and data at a fraction of the cost of traditional platforms.
Market Data Coverage
Markets and Assets
Money.net provides real-time market data for a variety of asset classes and exchanges worldwide. The platform is particularly strong in U.S. equity markets, offering live data on stocks, ETFs, warrants, mutual funds, and preferred shares. Options traders can also access OPRA (Options Pricing Reporting Authority) data for $40.
Here's a quick look at its international market data:
| Region | Data Type | Markets Covered |
|---|---|---|
| United States | Live | Equities, Warrants, Mutual Funds, Preferred, ETFs |
| Canada | Delayed | TSX, TSX Venture Exchange |
| Europe | End of Day | BATS Chi-X, Athens Stock Exchange, Bolsa de Barcelona |
| Latin America | End of Day | B3 S.A. (Brazil) |
Beyond equities, Money.net supports other key markets:
- Currencies/FX: Real-time forex data
- Cryptocurrencies: Live updates on crypto markets
- Fixed Income: Data on government yields and bonds
- Economic Indicators: Global metrics and fundamental data
This broad market coverage is backed by a system that prioritizes speed and reliability.
Data Speed and Delivery
Money.net is built for fast and efficient data delivery across multiple platforms. You can access the platform through a browser, desktop application, mobile app, or an Excel add-on. For U.S. markets, it streams live data with minimal delays, while international markets provide end-of-day data or delayed quotes for certain regions.
To enhance its offerings, Money.net also integrates live news updates from thousands of carefully selected sources. If you need specific datasets, you can email contact@money.net with "New Data Request" in the subject line.
Money.Net Offering Market Data at Affordable Cost
Main Platform Features
Money.net combines real-time market data with powerful tools to help traders make precise decisions.
Live Quotes and Dashboard Setup
The platform's dashboard offers a real-time market view through a ticker banner, customizable layouts, and watchlists. These features make it easy to monitor specific instruments and stay updated on market movements. Paired with advanced analytics, the dashboard delivers a detailed snapshot of market activity.
News and Alert System
Money.net keeps traders informed with its Streaming News, Speed Desk, and Top News features, ensuring access to breaking market updates. Users can set up alerts tailored to specific companies (like MSFT), filter news by sectors, or track market events using custom search terms. This flexibility ensures traders get the information they need, when they need it.
Charts and Analysis Tools
The platform provides a variety of charting options, from basic OHLC to more complex Renko charts. Traders can leverage features like pattern recognition, technical indicators, overlays, and time and sales charts with VWAP monitoring. Bid/ask price visualization adds another layer of depth. The "Strategy Builder" allows backtesting of trading strategies using historical data, while AI-driven insights highlight potential investment opportunities. These tools are designed to help traders act quickly and confidently, ensuring they stay ahead in fast-moving markets.
Trading with Money.net
Setting Up Your Trading System
Money.net offers a real-time trading setup tailored to your needs. You can configure your dashboard and create watchlists for various assets like stocks, futures, forex, and cryptocurrencies. These watchlists can be organized to align with your trading strategy, whether you're focusing on specific sectors or analyzing cross-market trends.
The platform provides several alert options to keep you informed:
| Alert Type | Purpose | Delivery Method |
|---|---|---|
| Price Level | Alerts when assets hit target prices | Email, SMS, Push |
| Percentage Change | Tracks notable price shifts | Email, SMS, Push |
| EMA Crossovers | Indicates potential trend changes | Email, SMS, Push |
| 52-Week High/Low | Highlights breakout opportunities | Email, SMS, Push |
The Strategy Builder lets you backtest and refine your trading strategies using historical data. Once your system is in place, these tools can help guide your trading decisions effectively.
Trading Examples
After setting up your system, Money.net's real-time data becomes the backbone of practical trading. AI-powered insights help you identify and act on opportunities, while automated monitoring minimizes emotional decision-making during trades.
Here are some core strategies to implement:
- Real-Time Data Integration: Use live data streams to analyze market movements instantly, ideal for fast-paced day trading.
- Quality Control Protocol: Ensure your data is accurate and up-to-date with built-in validation tools.
- Scalable Infrastructure: Leverage cloud-based systems to handle heavy market activity without disruptions.
For advanced analysis, the platform's Excel integration (available for $30 monthly) allows for custom modeling and deeper insights, making it a great tool for quantitative trading strategies.
Costs and Platform Comparison
Pricing Plans
Money.net has four subscription levels to choose from:
| Plan | Monthly Cost | Annual Cost | Key Features |
|---|---|---|---|
| Scout Core | FREE | FREE | Basic market data access |
| Scout Prime | $9.95 | $99.50 | Real-time IEX Exchange market data, Real-time FX & Crypto data, Market Heat Map |
| Scout Elite | $29.95 | $299.50 | Includes Prime features + Historical Prices, Analyst Recommendations, IPO Calendar |
| Scout Pro | $99.95 | $995.00 | Includes Elite features + Real-time CBOE Data, US Indices, Portfolio Monitor |
There are optional add-ons for more tailored data needs:
- Real-time CBOE Exchange Data: $15
- Real-time US Indices: $15
- Options Market Data: $40
- Unusual Options Activity: $10
Every plan includes a 10-day trial, giving users a chance to explore the features before committing. This tiered approach allows users to pay only for what they need, making it a cost-effective choice compared to all-in-one platforms.
Platform Comparison
Money.net stands out with its unbundled pricing model, letting users customize their subscriptions. Here's how it stacks up against other popular platforms:
| Platform | Monthly Cost | Annual Cost | Key Features |
|---|---|---|---|
| Bloomberg Terminal | $2,000 | $20,000–$25,000 | Comprehensive bundled solution |
| TradingView Premium | $49.95 | $599.40 | Advanced charting, broker integration |
| LuxAlgo Ultimate | $59.99 | $719.88 | AI-powered backtesting |
| TrendSpider | Starting at $39 | N/A | Automated pattern recognition |
TradingView has gained a strong following with over 90 million active traders and a 4.9-star rating from more than 1.5 million mobile reviews. Its community-driven platform has inspired the creation of over 10 million custom scripts and trading ideas.
Here’s a quick breakdown of what sets these platforms apart:
- Money.net: Offers essential market data at a lower cost.
- TradingView: Known for its advanced charting and broker integration.
- TrendSpider: Focuses on automated pattern recognition for traders.
- LuxAlgo: Provides hundreds of free indicators, exclusive toolkits, and an AI backtesting platform for creating trading strategies. Serving traders of all experience levels, LuxAlgo supports everything from price action analysis to advanced backtesting tools on TradingView and its AI Backtesting Assistant for strategy automation.
Money.net’s pricing and feature flexibility make it a strong choice for users who want professional-grade tools without the hefty price tag of traditional terminals.
Summary and Benefits
Main Benefits
Money.net provides market data and analytics tools that cater to professionals at a budget-friendly price, making financial information more accessible. Here's a breakdown of what Money.net brings to the table:
| Category | Highlights |
|---|---|
| Data Access | Real-time data for stocks, futures, forex, options, and cryptocurrencies |
| Analytics Tools | Advanced charting features and seamless Excel integration |
| Affordable Plans | Pricing starts at just $9.95/month with an unbundled approach |
| Ease of Use | User-friendly interface designed for a smooth learning experience |
| Tool Integration | Combines internal and external trading tools for added flexibility |
Money.net stands out by offering professional-grade tools at a fraction of the cost of traditional financial terminals. The platform’s February 2022 updates for institutional users further enhance its appeal, while the advanced charting options allow traders to apply hundreds of technical indicators and export data for detailed analysis.
For those who want extensive market insights without the high cost of platforms like Bloomberg Terminal, Money.net is a strong alternative. Its AI and natural language processing features streamline the process of spotting investment opportunities, while the customizable interface ensures traders can set up their workspace to suit their needs.
