Software Alternatives, Accelerators & Startups

ProRealTime VS OpenInsider

Compare ProRealTime VS OpenInsider and see what are their differences

ProRealTime logo ProRealTime

Online trading, charting and technical analysis of stocks, futures, forex and commodities.

OpenInsider logo OpenInsider

OpenInsider is an SEC Form 4 insider screener that allows you to monitor the insider trading filings for insider buying and selling.
  • ProRealTime Landing page
    Landing page //
    2023-10-07
  • OpenInsider Landing page
    Landing page //
    2021-08-07

ProRealTime features and specs

  • Advanced Charting Tools
    ProRealTime offers a robust set of charting tools that include technical indicators, drawing tools, and customizable time frames, making it suitable for both novice and experienced traders.
  • Automated Trading
    The platform supports algorithmic trading and backtesting through its ProRealCode programming language, allowing users to create, test, and deploy automated trading strategies.
  • Comprehensive Market Data
    ProRealTime provides extensive market data, including real-time quotes and historical data across various asset classes such as stocks, forex, and commodities.
  • User-friendly Interface
    The platform is known for its intuitive and easy-to-navigate interface, which allows users to quickly find and use the tools and data they need.
  • High Level of Customization
    Users can extensively customize their trading environment, including the layout of charts, indicators, and alerts to suit their trading style and needs.

Possible disadvantages of ProRealTime

  • Cost
    ProRealTime can be expensive, especially for real-time data feeds and advanced functionalities, which may not be affordable for all traders.
  • Steep Learning Curve
    The platform's advanced features and customization options may be overwhelming for beginners, requiring a significant investment of time to learn how to use them effectively.
  • Limited Broker Integration
    ProRealTime does not integrate with all brokers, which can limit its usability for some traders who prefer or are obligated to use specific brokerage firms.
  • Customer Support
    Some users have reported that customer support can be slow and not always helpful, which can be a drawback for those who require timely assistance.
  • Performance Issues
    Occasional performance lags and system outages have been reported, which could be disruptive, especially during high volatility trading sessions.

OpenInsider features and specs

  • Transparency
    OpenInsider provides detailed information about insider trading activities, offering visibility into actions taken by company executives, directors, and significant shareholders.
  • Free Access
    The platform is available for free, making it accessible to a wide audience without the need for a subscription.
  • Historical Data
    Users can access historical insider trading data, which can be useful for identifying trends and making informed investment decisions.
  • User-Friendly Interface
    The website is designed to be user-friendly, with a straightforward interface that allows for easy navigation and quick access to information.
  • Filtering Options
    OpenInsider offers various filtering options, enabling users to sort data by transaction type, date, company, insider role, and more.

Possible disadvantages of OpenInsider

  • Dependence on Public Filings
    The data provided is dependent on public filings, which may not always be submitted promptly or could contain errors.
  • Limited Analysis Tools
    While the site provides raw data, there are limited tools available for deeper analysis or integration with other investment research tools.
  • Ad-Supported
    The website is supported by advertisements, which can be intrusive and detract from the user experience.
  • No Mobile App
    OpenInsider does not have a dedicated mobile app, making it less convenient for users who prefer accessing financial data on the go.
  • Potential Data Overload
    The extensive amount of data available can be overwhelming for novice investors who may find it challenging to interpret and utilize effectively.

Analysis of ProRealTime

Overall verdict

  • ProRealTime is generally considered to be a good platform, particularly for traders who value detailed charting and technical analysis tools. Its robust features and customizability make it a strong choice for both intermediate and advanced traders.

Why this product is good

  • ProRealTime is a well-regarded trading platform known for its advanced charting capabilities, reliability, and user-friendly interface. It offers a comprehensive set of tools for technical analysis and is highly customizable, allowing traders to create their own indicators and strategies. The platform also benefits from real-time market data, ensuring timely and accurate information. Additionally, ProRealTime's customer support and educational resources are often praised by users.

Recommended for

    ProRealTime is recommended for traders who are focused on technical analysis, appreciate advanced charting features, and seek a reliable and customizable trading environment. It's particularly suitable for traders who wish to develop and test their own trading strategies.

Analysis of OpenInsider

Overall verdict

  • OpenInsider is considered a valuable resource for individuals interested in tracking insider trading activities.

Why this product is good

  • OpenInsider provides detailed and timely information about insider transactions within publicly traded companies. It aggregates data from various sources, offering insights into how executives and key figures are buying or selling their company stocks, which can be indicative of their confidence in the company's future performance. This data can be crucial for investors looking to make informed decisions.

Recommended for

  • Individual investors wanting to track insider trading activities
  • Financial analysts seeking comprehensive insider trade data
  • Portfolio managers looking for insights into executive confidence in companies
  • Anyone interested in the impact of insider transactions on stock performance

ProRealTime videos

🌟ProRealTime Version 11 (New Features Update)

More videos:

  • Review - ProRealTime Automated Trading Explained

OpenInsider videos

I USED OPENINSIDER TO SEE WHAT RICH PEOPLE BUY !

Category Popularity

0-100% (relative to ProRealTime and OpenInsider)
Finance
45 45%
55% 55
Trading
100 100%
0% 0
Stock Market
0 0%
100% 100
Investing
68 68%
32% 32

User comments

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Social recommendations and mentions

Based on our record, OpenInsider seems to be more popular. It has been mentiond 55 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

ProRealTime mentions (0)

We have not tracked any mentions of ProRealTime yet. Tracking of ProRealTime recommendations started around Mar 2021.

OpenInsider mentions (55)

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What are some alternatives?

When comparing ProRealTime and OpenInsider, you can also consider the following products

TradingView - The best charting tool for crypto and stocks

Sec Form 4 - Sec Form 4 is a real-time insider data providing platform that shows insider trades, transactions, buying, and selling data.

MetaTrader5 - World-leading multi-asset platform that allows trading Forex, Stocks, Futures and CFDs.

MarketChameleon Insider Trades Screener - MarketChameleon Insider Trades Screener provides real-time data for traders and investors.

eToro - The social investment network that connects traders from around the globe and enables them to share...

Finviz Insider Trading - Finviz Insider Trading platform allows you to perform trades, investments, and transactions in the company’s stock shares.