InsiderFinance caught my attention when I was researching for an options screener with additional features for a low price. The tool is not that widely known and is still one of the newer players in the market. But it’s even better, that they offer a great combination of tools that are not only good for options traders, but also stock traders and even investors.
In my InsiderFinance review, I’ll guide you through the most important features that I like the most. Is that tool also right for you? Let’s find out!
About InsiderFinance
InsiderFinance is the ultimate trading platform for traders looking for advanced market information. You’ll find a ton of tools to take your trading to the next level. The platform is strongest in options order flow analysis, dark pool data, and automated technical analysis.
With InsiderFinance you get real-time market data, advanced analytics, proprietary algorithms, and machine learning-powered insights, which will help you analyze market trends, find high-probability options trades, and optimize your trading strategies.
Features
Options Flow Analysis
InsiderFinance has an options order flow scanner with unusual activity detection. You can identify aggressive buying from institutional investors who are paying above the ask to get into the market fast. The platform shows stock symbols, timestamps, strike prices, and options contract prices. A proprietary heat score shows you what Wall Street is trading.
All the options flow is visualized in a great dashboard, where you can see the stock tickers, relevant options strike prices, options contract data, the real-time options flow, sector sentiment, trade alerts, and more.
At the top, you have the choice to choose actionable presents like equities, unusual options, sweeps, momentum trades, ETFs, moonshots, or your custom dashboard.
Dark Pool Trade Tracking
Track large block trades executed off the public exchanges through InsiderFinance dark pool print tracking. You’ll see stock tickers, prices, trade sizes, and total amounts for these institutional trades. A level view shows all prints, with high-volume trades highlighted. Delayed reporting is also flagged so you get the complete picture of smart money flow.
Cryptocurrency and Forex Analysis
Here, you can scan crypto and forex with InsiderFinance dedicated tools. The crypto tab shows price, volume, market cap, and social sentiment for major cryptocurrencies. For forex, you can view currency pairs as a screener, heatmap, or cross rates. Both sections show news sentiment analysis and technical indicators to help you make trading decisions.
Technical Analysis System
InsiderFinance integrates with TradingView so you can access advanced charting tools that you might already know from using TradingView. The cool thing is, that a free TradingView version is enough to connect InsiderFinance. You can create complex strategies by combining InsiderFinance proprietary indicators with TradingView technical analysis features. This integration means you can do deep market analysis without leaving the platform.
News and Sentiment
Stay up to date with InsiderFinance real-time news aggregation and sentiment analysis. The platform ranks stocks by media coverage and classifies sentiment as positive or negative. A daily sentiment graph shows you what the overall market is saying from reputable financial news sources. Filter news by categories like earnings, technical analysis, or sentiment extremes.
Historical Data
With historical data, you can review past market activity, see previous options flow, and dark pool prints from the last 30 days. That’s an interesting thing if you need data for developing and backtesting trading strategies or researching the potential outcome based on historical success before making a decision.
Personalized Watchlists
If you like, you can create custom watchlists to make it more convenient to review specific symbols frequently without the need to request the data over and over again.
Trading Community
You can also join the InsiderFinance Discord community to chat with other traders, or share trading ideas and discuss market trends.
Free Options Profit Calculator
A new feature, which is free to use on the InsiderFinance website, lets you analyze potential profits of options strategies for your favorite stock symbol. Let’s say you want to trade options based on the SPY, you type in the ticker symbol SPY, select your favorite options strategy (long call, Collar, Short Put, Short Straddle, Put Ratio Spread, or one of the other 30+ supported strategies), and then InsiderFinance does the magic and illustrates the potential profit/loss, contract value, options Geeks, and more for free.
Pricing
InsiderFinance has only all-in-one subscription plans. The only differentiation is the payment term, where you decide between monthly, quarterly, and annual payments. The longer you pre-pay, the higher the discount. Each plan gets you full access to the platform with all features.
- Monthly: $75 (month to month)
- Quarterly: $195 (equals $65 per month)
- Annual: $660 (equals $55 per month)
Discounts
New users get an additional 20% off their first subscription during sign-up. Just enter the promo code in the “Add Promotional Code” field during the signup. Let’s say you subscribe to the annual plan, which is normally $660 per year, with the 20% discount you get the annual plan for $528, which equals $44 per month.
My Conclusion
InsiderFinance is a great options scanner with immense capabilities in terms of real-time options order flow, dark pool prints, and unusual options activity scans. On top of that, InsiderFinance can be combined with a free TradingView version to enable the integrated technical analysis features without any additional fees. Together with real-time news, sentiment insights, sweep activity tracking, and Discord chat room access, it’s one of the best options you have when it comes to affordable trading tools with high value.
InsiderFinance Ratings:
- Rating Overall: ★★★★★
- Options Screener: ★★★★☆
- Charts: ★★★★★
- Ease of Use: ★★★★★
- Customer Service: ★★★★☆