Money.net Review - All-In-One Trading Platform (2024)

Money.net is an all-in-one platform for stock research, charting, market news, and more. It offers a wide range of features through a modular dashboard, enabling traders to keep an eye on multiple tickers or asset classes at the same time. Money.net supports not just stocks and ETFs, but also options, bonds, currencies, commodities, and cryptocurrencies.

This platform packs a ton of tools, but is it right for you? Keep reading our Money.net review to find out.

Money.net Pricing Options

Money.net offers three pricing tiers: Plus, Elite, and Pro.

The Plus plan costs $9.95 per month and includes real-time market data for stocks, commodities, forex, and cryptocurrencies. You get access to charting tools, earnings data, and alerts, but you miss out on financial data, strategy development tools, and Level II data. Money.net’s chat feature costs an additional $5 per month.

The Elite plan costs $29.95 per month and adds futures and short interest data. It also includes yield curves, a stock screener, financial data, streaming market news, and chat.

The Pro plan costs $59.95 per month. For that price, you get real-time indices data, Level II market data, options chains, and an unusual options activity feed. You can also purchase OTC market data for an additional $35 per month.

You can try out any Money.net plan free for two weeks.

Money.net Features

Market Data

Money.net offers real-time market data for US stocks, ETFs, options, bonds, forex, cryptocurrencies, commodities, futures, indices, mutual funds, and more. Elite and Pro subscribers also receive short interest data, while Pro subscribers receive Level II time and sales data.

Charting

Money.net supports chart timeframes as short as one minute and includes candlestick, Heikin-Ashi, mountain, Renko, and numerous other types of charts. There are more than 100 technical indicators available, although there’s no easy way to search for indicators and no support for custom indicators.

You can add flags for events like earnings reports and dividends, plus use drawing tools to annotate charts. The drawing tools support Fibonacci retracements and Elliott Wave analysis.

The default color patterns for the charts are nice, but you don’t have any customization options. You also can’t plot performance for multiple tickers and there’s no support for charting fundamental data.

Overall, the charting capabilities in Money.net are good, but not outstanding. Platforms like TradingView and Thinkorswim offer far more customization options, including the ability to create custom indicators.

Unusual Options Activity

The Unusual Options Activity module displays a list of unusually large options trades. It’s similar to the feeds that options order flow tools like OptionStrat or Cheddar Flow provide, and the goal is to help you keep track of what institutional investors are doing in the market.

For each options trade, you can see the ticker, strike price, expiration date, volume, and open interest. You can filter the feed by contract expiration date and sort it according to any of the other parameters Money.net tracks.

Short Interest Extremes

Money.net’s Short Interest Extremes module tracks the stocks that have high short interest. This module works like a stock screener—you can filter results based on industry, market cap, short interest as a percentage of float, days to cover ratio, and estimated cost to borrow. It’s a really useful tool for finding potential short squeezes.

Watchlists

Money.net offers pre-made watchlists for major industries and popular sub-industries like biotech. You can also create an unlimited number of custom watchlists within the Quote Grid module. You’re free to customize the data columns in the Quote Grid, making it easy to monitor prices, moving averages, and financial data with your watchlists.

The platform also includes a module showing the most active stocks in the market based on trading volume. This is a helpful feature for finding highly traded stocks that could offer trading opportunities.

Stock Research

Money.net Elite and Pro subscribers get financial data for stocks including their balance sheet, income statement, and cash flow statement in table formats. There’s no way to chart this data or compare financial data across peers within Money.net, but you can export data to Excel.

You can also monitor a stock’s earning histories, including any surprises from consensus estimates. Earnings are charted over time, but Money.net doesn’t show the stock price reaction to earnings surprises.

Stock Screener

Money.net’s stock screener is a nice tool for generating trade ideas. It doesn’t have the same wide range of filter parameters as tools like FinViz, but most traders will find it plenty capable. You can screen stocks based on performance, volume, EPS growth, P/E ratio, dividend yield, and a handful of fundamental ratios.

Screen results are displayed in a table along with the values for the parameters included in your screen. You can’t sort stocks based on other parameters that weren’t used in your screen criteria, but you can export the results to Excel for further analysis.

Money.net also includes 18 pre-made screens, including screens for earnings leaders, undervalued dividend stocks, stocks with bullish momentum, and more. You can also check out more than 50 public screens created by other Money.net users.

Market News

Money.net includes a streaming news feed that you can filter by ticker symbol or keyword. It includes headlines from sources like Reuters, The Fly, Bloomberg, CNBC, Seeking Alpha, and major newswires. You can toggle sources on and off if you only want to see headlines from certain outlets.

While the news feed is helpful, it mainly provides a streaming list of headlines. It’s not on par with Benzinga Pro, which gives more detail about whether headlines are bullish or bearish. Breaking news is also much slower to appear on Money.net than on dedicated trading news services Benzinga Pro or Trade the News.

Money.net also has calendar modules for upcoming earnings reports, upcoming IPOs, and upcoming corporate events.

Trader Chat

Money.net’s Scout Chat is a trader chat room where you can discuss ideas with other traders. The chat room has some activity every day, but it appears that only a handful of traders use it regularly. Don’t expect too much from this chat feature unless it gets more popular.

Customization and Layout

Money.net enables you to build custom workspaces using drag-and-drop modules. You can rearrange and resize the modules however you like, plus maximize them or pop them out with a click. You can also assign multiple modules to the same space and swap between them using tabs.

The platform works best with multiple screens. You can only have one workspace open at a time, but it’s easy to resize the modules to fit your available space. Many of the modules require a fair amount of screen real estate to be useful.

Money.net Platform Differentiators

Money.net has a lot in common with other all-in-one trading platforms like TC2000 and Thinkorswim. All three platforms offer charting tools, stock screeners, options order flow feeds, news headlines, and basic financial research tools.

However, there are some important differences between them.

Money.net has a much gentler learning curve compared to Thinkorswim, but it doesn’t offer as many customization options. Whereas you can build custom indicators using Thinkorswim’s thinkscript language, there’s no way to create custom studies in Money.net. Money.net’s short interest extremes module is unique and can be very helpful for spotting short squeezes, and Money.net also offers more in-depth financial data.

While Money.net covers virtually every major type of financial asset, TC2000 only covers stocks, ETFs, and options. TC2000 offers far more features for multi-leg options analysis, making it a better choice than Money.net for options traders.

What Type of Trader is Money.net Best For?

Money.net is a good platform for traders who want all of their analysis and research tools in one place. The fact that Money.net offers charts, streaming news, or screening features can provide a huge efficiency boost for active traders. Even though these features aren’t best-in-class, they’re pretty good.

Swing traders will get more out of Money.com than intraday traders. The shortest charting timeframe is one minute and tools like the unusual options order flow feed, stock screener, and short interest extremes list are all geared towards swing traders.