Simply Wall St vs Seeking Alpha 2024: Which platform is better? (2024)

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Making investment decisions isn’t an easy process. It not only requires creating a workable investing strategy, but also the constant monitoring of stock price and market changes. In the past, these processes were done manually, but nowadays, they’re often done with the help of software.

While portfolio management tools are great for updating your assets, you’ll need another tool to help you research potential investments. In this Simply Wall St vs Seeking Alpha comparison, we’ll be taking a look at two such tools!

Simply Wall St is Better for:Seeking Alpha is Better for:
Visual stock representationAnalyst ratings
Affordable pricingFlexible billing options
Retail investorsProfessional investors

Having a long track record can be a positive indicator for a platform. Seeking Alpha—which was founded in 2004—may be a decade older than Simply Wall St (2014), but age alone doesn’t mean that the service will be better.

Ultimately, which service is better will depend on the specific needs of the individual investors. While long-term investors will likely appreciate the more professional styling of Seeking Alpha, newer investors will likely love the simplicity that Simply Wall St offers.

Simply Wall St vs Seeking Alpha 2024: Which platform is better? (1) Simply Wall St vs Seeking Alpha 2024: Which platform is better? (2)
Free Features Global Markets Access, Company reports (5), portfolio stock analysis (5), watchlists (5) Limited access to articles, email alerts, news updates, stock pricing, limited charts, Wall Street Stock Ratings
Paid Features Company reports, portfolio stock analysis, Stock Screener, Excel & PDF exports Premium content, news updates, email alerts, Wall Street stock ratings, Author Ratings & performance, stock pricing, stock charts, Quant rating, dividend grades, PRO content & newsletters, short ideas portal, idea screener (with filters)
Annual Subscription Fees $0-$20/month (billed yearly) $239/year
Securities Analyzed Stocks and other equities Stocks, ETFs, crypto, other equities
Investing Approach Fundamental Fundamental & analytical
Best Use Stock research Stock research
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Modest Money Overall Rating

4.6 rating based on 5 ratings

4.6 rating based on 5 ratings

Factor 1: Free Features

Without subscribing to a premium plan, each stock research platform has a number of limitations that restrict free users. Still, even with limited access, long-term investors will be able to use various features to perfect their investing strategy using the tools available.

Simply Wall St Provides Extensive Reports

  • Simply Wall St allows free users to view five free reports per month
  • Seeking Alpha shows limited data on an unlimited number of assets
  • Simply Wall St gives unlimited access to Global Markets news

Simply Wall St

Although Simply Wall St primarily offers information on individual stocks (and shies away from other asset classes like mutual funds), it still offers a lot of information for free. Free users can view complete company reports—which contain information like historical stock charts, financial statements, and more—for five assets per month.

While five reports may not be enough to satiate more active traders, casual traders should be able to learn everything they need from five reports alone.

Seeking Alpha

Without a Seeking Alpha premium plan, the number of investment ideas you’ll be able to get from the platform is questionable. The platform’s articles—which cover everything from investment opportunities to financial statements—can only be viewed with limited access for free.

However, free users do have access to stock charts, Wall Street Stock ratings, news updates, and expert analysis email alerts. These resources can help them identify whether a stock is a strong sell, or estimate future cash flows, but they won’t show “the full picture.”

Factor 2: Paid Features

The only way to take advantage of a premium service is to pay for it. Fortunately, you do have a choice as to how much you’ll end up paying (as each premium service offers multiple subscription plans!).

If you want full access to stock charts, detailed reports about individual stocks, analyst opinions on popular portfolio holdings, and more, then opting for a premium subscription is the way to go.

Seeking Alpha Offers More With Its Top-Tier Membership

  • Seeking Alpha has two plans, Premium & Pro
  • Simply Wall St’s most expensive plan only costs $20/month
  • Seeking Alpha’s Premium service should be enough for most active traders

Simply Wall St

Both plans from Simply Wall St build upon the basic plan. “Premium” allows users to view 30 company reports and analyze 30 stocks per month. “Unlimited” removes these limitations, while also enabling advanced investors to expert data in Excel or PDF format.

While this is certainly enough to gather the average return, analyze the market’s general performance, and find new investment ideas, Simply Wall St doesn’t offer more advanced tools for expert investors.

Seeking Alpha

Seeking Alpha has two paid plans for advanced investors: “Premium” and “Pro.”

Premium offers unlimited access to Premium content, which is where you’ll be able to find many different profitable investing ideas. It also unlocks a variety of portfolio tools and allows you to view model portfolios. You can learn more about an article’s author using the “Author Ratings.”

Seeking Alpha Pro unlocks every feature available on the platform, including Top Ideas, the short ideas portal, and the idea screener (with filters). These expansive tools are especially useful for analyzing the performance of a hypothetical portfolio. However, most users will be fine with a “Premium” membership.

Factor 3: Subscription Costs

Using a subscription for free is one thing, but when it’s time to start spending real money, it’s important to consider the ongoing costs. Will you be bound to a contract? Are there discounts offered?

It’s always important to make sure that a subscription payment is manageable before making any commitments.

Simply Wall Street Costs Considerably Less than the Competition

  • Simply Wall St’s Unlimited plan only costs $20/month
  • Seeking Alpha offers both monthly and annual billing
  • Simply Wall St doesn’t offer monthly billing

Simply Wall St

You will need to pay for an entire year’s subscription upfront. That said, Simply Wall St doesn’t charge very much to use its service. The “Premium” plan will set you back $120 ($12/month), while the “Unlimited” plan will cost you $240 ($20/month) upfront.
Learn More About Simply Wall St

Seeking Alpha

Seeking Alpha’s annual plans cost $239 (Premium) and $2400 (Pro) respectively.

Seeking Alpha charges considerably more for their membership plans. That said, we recommend checking out this Seeking Alpha review to learn about all of the benefits the platform can offer you before dismissing it as an option!
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Summary

Both services can provide active traders with plenty of profitable trade ideas. Neither functions as a dedicated stock picking service, but both can be used as such. Additionally, they both provide news feeds, export analysis, stock ideas, and portfolio monitoring features.

If you’re a newer investor who’s just starting out, we recommend Simply Wall St for its straightforward design and visual stock presentation.

For more advanced traders who want in-depth analysis that can give them a competitive edge, we recommend giving Seeking Alpha a try instead.

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Simply Wall St vs Seeking Alpha 2024: Which platform is better? (2024)

FAQs

What is better than Simply Wall Street? ›

GuruFocus. GuruFocus offers the most comprehensive value investing website. It provides a wide range of data and tools that allow investors to pick stocks based on the performance of the underlying businesses.

Is Seeking Alpha a good platform? ›

Customer service is REALLY GREAT. Seeking Alpha is not only a top notch program, with lots of benefits and features, but also has wonderful customer service support, such as I just mentioned from [SENSITIVE CONTENT.

Who is the competitor of Seeking Alpha? ›

We have compiled a list of solutions that reviewers voted as the best overall alternatives and competitors to Seeking Alpha, including Morningstar Direct, Morningstar Advisor Workstation, Ziggma, and Simply Wall St.

Is Simply Wall St a good app? ›

The Simply Wall Street app provides a great service--when it works. The app loads slowly and is unresponsive to search inquires right after you open it. Lately, even if you can get the ticker search to work, it does not load the company's information 75% of the time.

What is similar to Simply Wall Street? ›

We have compiled a list of solutions that reviewers voted as the best overall alternatives and competitors to Simply Wall St, including Seeking Alpha, Morningstar Advisor Workstation, Ziggma, and eMoney.

Is Simply Wall Street accurate? ›

The Simply Wall St app performs a number of quantitative checks across a range of assessment criteria. The checks are based on widely accepted and tested investment criteria and used by demonstrably successful investors and investment firms.

Does Seeking Alpha outperform the market? ›

Seeking Alpha's Quant Strong Buy rated stocks have significantly outperformed the market twelve out of the last 13 years, according to the backtest.

Should I pay for Seeking Alpha? ›

The short answer - yes, Seeking Alpha Premium is absolutely worth it for most investors. With unlimited access to the site's database of actionable research and money-saving tools, the annual $239 price tag pays for itself many times over.

Is it hard to cancel Seeking Alpha subscription? ›

Step 1: Open the App and log in to your Seeking Alpha account with the registered email and the password. Step 2: Once logged in, click on the three horizontal lines and select "Account Settings". Step 3: Go to Subscriptions, select the desired service, and click "Cancel".

How to read Seeking Alpha for free? ›

The Basic plan is free to join and gives you limited access to Seeking Alpha's platform. You can view 1 free premium article per week, get stock price alerts, and create a watchlist. Premium unlocks unlimited access to all of Seeking Alpha's premium content and research tools.

What is the difference between Zacks and Seeking Alpha? ›

Some of the key differences: Content Style - Seeking Alpha has more diverse amateur analysis while Zacks produces consistent professional reports. Data Offerings - Zacks focuses in-depth on earnings revisions and ratings while Seeking Alpha covers broader datasets.

How popular is Seeking Alpha? ›

SeekingAlpha.com promotes themselves as “the world's largest investing community powered by the wisdom and diversity of crowdsourcing.” Since their launch in 2004 they have become one of the most popular stock research sites with over 20 million visits per month.

What is the best stock market app to use? ›

Summary: Best Investing Apps
CompanyForbes Advisor RatingBest For
Betterment4.8Best Robo-advisor Investment App
TD Ameritrade's thinkorswim4.4Best Investment App for Experienced Investors
Fidelity Mobile4.3Best Investment App for Average Investors
E-Trade3.6Best Investment App For Beginners
1 more row
Apr 15, 2024

How many users does Simply Wall St have? ›

Trusted by over 6 million individual investors worldwide.

What is the best stock analysis website? ›

A quick look at the best stock research websites
Our pickBest forPricing
Seeking AlphaOpinionated researchPaid
TradingViewCharts and technical analysisPrimarily paid
Motley FoolPaid stock recommendationsPaid
MorningstarMutual fundsPrimarily free
3 more rows
Mar 6, 2024

What is the best and easy trading platform? ›

Disclaimer: Capital at risk.
  • IG Share Trading: Best for global stocks and ETFs (4.5/5)
  • CMC Markets: Best all-round trading platform (4.5/5)
  • Superhero: Best trading platform for simplicity (4.3/5)

What are the best trading firms on Wall Street? ›

Top Brokerage Houses, Ranked
Top Brokerage Firms by AUM and Number of Accounts
1Fidelity Investments$12.9 Trillion
2Charles Schwab$8.56 Trillion
3Vanguard$8.2 Trillion
4E*Trade (Morgan Stanley)$360 billion
1 more row

Who competes with the Wall Street Journal? ›

Wall Street Journal's competitors and similar companies include Fox, Forbes, The New York Times, The Washington Post and CNN. The Wall Street Journal is a publisher of daily business and financial newspapers operated by Dow Jones & Company.

Who are Wall Street Prep competitors? ›

Wall Street Prep's top competitors include AMT Training, Macabacus, and Consolidata. AMT Training offers instructor-led training and education services to finance professionals. On January 11th, 2022, AMT Training was acquired by Training the Street. T…

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