Benzinga Pro is a real-time news and market analysis platform that provides traders with the latest market-moving news and data. It is a popular tool among active traders and investors who rely on up-to-date information to make informed decisions. One of the key considerations when using Benzinga Pro is pricing. In this article, we will take a closer look at Benzinga Pro pricing and what traders can expect.
Section 1: Basic Pricing Structure
Benzinga Pro offers three pricing tiers: Basic, Essential, and Premium. The Basic plan costs $99 per month and includes real-time news alerts, a customizable news feed, and access to the Benzinga Squawk audio news service. The Essential plan costs $177 per month and includes all the features of the Basic plan, as well as real-time data from major exchanges, advanced charting tools, and Level 2 market depth data. The Premium plan costs $347 per month and includes all the features of the Essential plan, as well as access to Benzinga’s proprietary signals and indicators, analyst ratings, and options trading alerts.
Section 2: Discounts and Promotions
Benzinga Pro occasionally offers discounts and promotions to new subscribers. For example, at the time of writing, new subscribers can get 25% off their first month of any plan by using the code “SAVE25” at checkout. Additionally, Benzinga Pro sometimes offers free trials of its service to new users. These trials typically last for a week and provide full access to all features of the platform.
Section 3: Value for Money
The cost of Benzinga Pro may seem high compared to other news and analysis services, but it is important to consider the value that it provides. For active traders who rely on up-to-date information to make informed decisions, the cost of Benzinga Pro is likely to be a small fraction of their overall trading costs. Additionally, the advanced features included in the Essential and Premium plans can help traders to identify profitable opportunities and make better-informed trades, potentially offsetting the cost of the service.
Section 4: Alternatives
While Benzinga Pro is a popular choice among active traders, it is not the only option available. There are several alternatives that traders may wish to consider. One popular alternative is Bloomberg Terminal, which provides real-time market data, news, and analysis. However, Bloomberg Terminal is significantly more expensive than Benzinga Pro, with prices starting at $20,000 per year. Another alternative is Trade Ideas, which provides real-time market data and analysis tools starting at $118 per month. However, Trade Ideas does not offer the same level of news coverage as Benzinga Pro.
Conclusion:
Benzinga Pro is a powerful tool for active traders and investors who rely on up-to-date information to make informed decisions. While the cost of the service may seem high compared to other news and analysis services, it is important to consider the value that it provides. With three pricing tiers to choose from, traders can select a plan that meets their needs and budget. Additionally, Benzinga Pro occasionally offers discounts and promotions to new subscribers, making it more accessible to those on a tight budget. Overall, Benzinga Pro is a valuable tool for traders who are serious about staying ahead of the market.