Looking for stock screeners to uncover new trade opportunities? If so, you’re probably trying to see what options are available and how they compare, right? Well we put this page together to help you determine if MOMO Pro is the right fit for you. And... seeing how you may be a current Benzinga Pro customer or perhaps researching as an option, we have done the heavy lifting for you and build a side by side comparison.
Scroll down and you’ll find as many details as we can squeeze onto a single page to help you compare MOMO Pro vs Benzinga Pro. We not only give you a straight-up feature comparison, but also customer experiences, pricing and performance.
Update Sept 12, 2022: While all businesses have their ups and downs, we have heard from and seen that Benzinga has some questionable business practices worth mentioning. Here are a few recent examples found on Trust Pilot review-1, review-2, review-3, review-4. This not only hurts Benzinga, but all fintech businesses trying to deliver quality services with integrity. While not our practice to report other business practices, in this case we are making an exception. We will revisit again soon and hopefully be able to justify removing this update.
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Benzinga Pro | |
|---|---|---|
| Pricing | MOMO: $17/mo. to MOMO Pro+: $37/mo with options for up to 25% Annual Savings | Benzinga Pro Standard: $177.00/mo. Other options: $347.00/mo. |
| Competitive Discounts? | ✅ Yes, contact us for code | ❌ No |
| Works on any Device without exception | ✅ Yes | ✅ Yes, We haven't tried it screenshots look reasonable. |
| Social Engagement | ✅ Yes, iconic social media indicators and MOMO "Popular Stocks" section | ❌ No |
| Market Meters | ✅ Yes | ❌ No |
| Integrated Realtime News | ✅ Yes, Fully integrated with contextual search and News indicators for Stream and Discovery. | ✅ Yes, Started out delivering news before scanning. Now include news, but no integration with action |
| No updates required | ✅ Yes, built as SaaS platform - updates added transparently every week. | ✅ Yes |
| Fast | ✅ Yes, Matches exchange tick performance on Stream and Alerts are shown in 400ms. | ✅ Yes, we think design doesn't allow for instantly identifying breakouts. |
| Modern design & technology | ✅ Yes, Built using todays UI guidelines. Single common appearance. | ✅ Yes, Traditional appearance, but not outdated like Trade Ideas. |
| Custom filter builder | ✅ Yes | ✅ Yes |
| Voice Notifications | ✅ Yes, 5 AI-based lifelike neural voices assignable to multiple zones. | ❌ No |
| Charts | ❌ No, Coming Soon and 90% complete | ✅ Yes, Decent. |
| Breakout Streams | ✅ Yes We provide both a realtime filtered Stream as well as option to stream dedicated list of up to 500 symbols | ❌ No, does not provide streaming data. |
| Easy to use sorting and filtering | ✅ Yes | ✅ Yes |
| Realtime stock alerts | ✅ Yes, 6 different types (VWAP % change, HOD/LOD, %change, Halt, Unusual Volume, and Conditional) of alerts delivered to destkop and mobile devices | ❌ No, News-based alerts which are sent via email |
| Full extended hours | ✅ Yes, Full extended support (4am EST to 7pm EST) | ✅ Yes, Believe it is full extended hours, but unclear |
| Webhook API | ✅ Yes, Easy to use integration for alerts. Connect with trading, messaging platforms (eg. SMS/email), or integration tools (Zapier/IFTTT). | ❌ No |
| Multi-timeframe Money Flow | ✅ Yes, Proprietary VWAP-derived Money Flow shows relative flows compared to other stocks and against prior timeframes. | ❌ No Money Flow or equivalent. |
| Squeeze Scan | ✅ Yes, Built proprietary, 3 phase multi-timeframe Squeeze scan which also works w/ our Uvol, float and other filters. | ❌ No dedicated squeeze calculation. Only have linear data pre-defined screener scans which are percentage based and related to daily movment. |
If you’re looking for a platform that increasingly attempts to do everything and don’t mind cutting through the noise and complex experience to make it work for your trading needs, then Benzinga Pro might be suitable for you.
But if performance, usability, and focus are important to you, keep reading. If you’re tired of wading through menus and navigating complex windows that you never use, we’ve got news for you: we are too!
We admit Benzinga Pro is a solid tool, used and promoted by many. But if you’re a trader and care about performance, usability, and profits as much as we do, you can probably do better - for less!
Let’s start by talking about what Benzinga Pro does the same. One of the most loved features is that has real-time screens. We them too -- with one big difference - we actually stream the breakouts. On paper, this doesn't seem like much but in-use the difference is dramatic.
The difference is that MOMO is focused on doing one thing really well: highlighting stocks with MOMENTUM - hence our name. We also have to fight back the urge to add every last feature for fear it will distract us from identifying stocks that are really moving. Benzinga gives a respectable experience, but lacks purpose.
With MOMO, everything revolves around showing stocks in play to help identify and make actionable decisions. We've been trading for over 20yrs and MOMO Pro boils this experience down to be simpler and leaner. We certainly expect you to try both platforms to see what works best for you, but this comparison should give you a decent start of what to expect.
"Benzinga Pro is comprehensive and does its job pretty well, but I'm a lean trader and Benzinga has more than what I would use it for. I found you guys on Twitter and gave it a shot and glad I found you. You give me the heads up insight into market movers that I've been missing. I manily use MOMO Pro in pre-market to scan unusual activity and then make my trade plan and track breakouts on the Stream. I think position/swing traders may use it the opposite way to see momentum, but this works for my scalps where I'm in and out of a trade in minutes or less.
Lanny V., Full-time trader (Style - Scalper)
Switched from Benzinga Pro to MOMO Pro+
We’ve built the best stock scanning service in the business, called MOMO Pro. It’s built the same way as Netflix - using latest software development practices in the cloud to deliver consistently fast streaming performance.
Regardless of our price savings - under $37/mo for MOMO Pro vs. $177/mo for Benzinga Pro you also get incredible infrastructure and fantastic support, regardless of whether you chose our $17/mo plan or $37/mo plan.
With MOMO Pro, the subcription structure is simplified into a single monthly payment. While we think we certainly can justify charging a $100 a month, we don't have to since we are using latest infrastructure to keep costs low. Again think of Netflix pricing vs. a cable providers. Plus we are the new kid and just working on getting the word out.
"We're using MOMO Pro service to monitor the market for us. Works really well. It provides a clean and predictable experience and helps us act on breakouts that would otherwise require many screens. It is a powerful platform and because it supports the needs of so many situations it is an incredible value."
Lee Munroe, Murray Street CapitalPortfolio Advisor
Cut to the chase? MOMO Pro is better for lean identification of breakouts on any device. Benzinga Pro is better if you want to filter stocks very finely and are news biased traders.
