VOL. XCIV, NO. 247

Free Alternatives to Optuma

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Free replacement verdicts

Free Alternatives to Optuma

Zero-cost replacements grouped by fit, tradeoffs, pricing friction, and platform access. Use this list to test Optuma before paying for another subscription.

Switching from Optuma doesn't have to cost a thing. We've curated 8 free-tier alternatives that cover similar workflows, from Screeners to Watchlist and beyond. Each pick below is framed by fit, caveats, and access friction so you can trial replacements without opening your wallet.

Visit Optuma All alternatives Tool details

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Which Alternative Should You Use?

TradingView

Closest replacement

Best for: Traders and investors looking for charting, alerts, screeners, and market coverage across many asset classes.

TradingView best matches the base workflow on charting, technical analysis, and strategy backtesting.
TradingView adds a free starting point that the base tool does not show. Free-plan limits: Signup required. Basic tier limits charts per tab, indicators, alerts, watchlists, and historical bars.

Watch for: Real-time market data can require add-ons: Optional real-time quote subscriptions and exchange-specific data fees.

Open TradingView

Details Compare

Sharpely

Best workflow fit

Best for: Indian investors comparing an official RRG chart with stock, fund, factor, and strategy research in the same product.

Sharpely best matches the base workflow on charting, technical analysis, and strategy backtesting.
Sharpely adds a free starting point that the base tool does not show. Free-plan limits: Signup required. The pricing page describes the Free plan as valid forever.

Watch for: India-focused coverage: The product is built around Indian stocks, sectors, indices, mutual funds, and ETFs rather than broad global coverage.

Start free on Sharpely

Details Compare

ChartMill

Strong runner-up

Best for: Self-directed traders and investors looking for technical and fundamental screening, watchlists, alerts, charts, and idea templates in one browser product.

ChartMill best matches the base workflow on charting, technical screening, and strategy backtesting.
ChartMill adds a free starting point that the base tool does not show. Free-plan limits: Free access includes screener and charts with data limits.

Watch for: Delayed market data: Paid access unlocks tools, but market data remains delayed or end-of-day, so active traders needing real-time feeds need another platform.

Screen stocks on ChartMill

Details Compare

StockCharts

Strong runner-up

Best for: Technical traders who need browser-based charts, scans, alerts, RRGs, PerfCharts, or saved layouts.

StockCharts best matches the base workflow on charting, technical analysis, and technical screening.
StockCharts adds a free starting point that the base tool does not show. Free-plan limits: Free users can view one fixed weekly RRG chart of major North American market averages with one year of data.

Watch for: Real-time data can cost extra: Free BATS real-time data is included, but official real-time U.S., Canada, and UK data plans are separate add-ons.

Compare StockCharts plans

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Detailed Alternatives

I want to

Pay lessFill a gapUpgrade overall

Free tiers first, then the lowest starting price.

Partial replacement

State Street Sector ETF Momentum Map

Bottom line: Professional investors who want a public RRG sector view without creating an account.

Keep

Data Visualizations
ETF Comparison

Gain

Market Sentiment

Lose

Stock Comparison
Screeners
Quant
Backtesting

Watch out

Avoid as a full replacement if you rely on charting, technical screening, and strategy backtesting.
Free-plan limits: The map is publicly accessible without an account. Coverage is limited to supported sector ETFs and U.S., European, or world benchmarks. State Street recommends Chrome for the best experience.
Fixed sector universes: The map supports State Street's sector sets and three benchmarks, not arbitrary stocks, ETFs, or custom lists.

Cost

Free, no signup

Free onlyno paid tier

$67.50/mo less than Optuma

Fit: Partial replacement

Open the free momentum map Compare

Full review and details

Partial replacement

StockCharts

Bottom line: Technical traders who need browser-based charts, scans, alerts, RRGs, PerfCharts, or saved layouts.

Keep

Data Visualizations
Screeners
Watchlist
Portfolio

Gain

Alerts
Calendar
Options
Scores

Lose

Stock Comparison
ETF Comparison
Quant
Backtesting

Watch out

Avoid as a full replacement if you rely on strategy backtesting, quant research, and portfolio analytics.
Free-plan limits: Free users can view one fixed weekly RRG chart of major North American market averages with one year of data. Changing the RRG symbols, benchmark, range, or period requires a paid membership. Pricing page lists Basic at $19.95/month, Extra at $29.95/month, and PRO at $49.95/month.
Real-time data can cost extra: Free BATS real-time data is included, but official real-time U.S., Canada, and UK data plans are separate add-ons.

Cost

Free, no signup

$19.95/moto go paid

$47.55/mo less than Optuma

Fit: Partial replacement

Compare StockCharts plans Compare

Full review and details

Better as a complement

TC2000

Bottom line: Active U.S. stock and options traders who need streaming charts, formula scans, alerts, paper trading, or connected brokerage trading.

Keep

Screeners
Watchlist
Portfolio

Gain

Options
News
Alerts
Paper Trading

Lose

Data Visualizations
Stock Comparison
ETF Comparison
Quant

Watch out

Avoid as a full replacement if you rely on technical analysis, strategy backtesting, and quant research.
Free-plan limits: The anonymous free version uses delayed streaming data and a limited layout. Pricing page lists Basic at $24.99/month, Premium at $49.99/month, and Premium+ at $99.99/month. Annual and biennial billing selectors are available, but current public text does not expose their effective rates.
Limited free access: The anonymous version includes limited charts, delayed streaming data, option chains, a watchlist, and paper-trading windows. Real-time scans and other core workflows require a paid plan.

Cost

Free, no signup

$24.99/moto go paid

$42.51/mo less than Optuma

Fit: Better as a complement

Compare TC2000 plans Compare

Full review and details

ChartMillPartial replacementFree • Paid plans availableFree, no signup

Partial replacement

ChartMill

Tested by us

Bottom line: Self-directed traders and investors looking for technical and fundamental screening, watchlists, alerts, charts, and idea templates in one browser product.

Keep

Data Visualizations
Stock Comparison
Screeners
Backtesting
Watchlist

Gain

Stock Ideas
Scores
Valuation Models
Alerts

Lose

ETF Comparison
Quant
Portfolio
Factor Exposure

Watch out

Avoid as a full replacement if you rely on technical analysis, quant research, and portfolio analytics.
Free-plan limits: Free access includes screener and charts with data limits. Monthly subscription is $34.97/month after first-month promotion; annual plan is $299.97/year and includes a swing-trading course.
Delayed market data: Paid access unlocks tools, but market data remains delayed or end-of-day, so active traders needing real-time feeds need another platform.

Cost: Free, no signup; Free • Paid plans available

Fit: Partial replacement

Screen stocks on ChartMill Compare

Full review and details

TradingViewClosest replacementFree • From $12.95/moFree with signup

Closest replacement

TradingView

Analyst pickTested by us

Bottom line: Traders and investors looking for charting, alerts, screeners, and market coverage across many asset classes.

Keep

Data Visualizations
Stock Comparison
ETF Comparison
Screeners
Quant
Backtesting

Gain

ETF Screeners
Stock Ideas
News
Alerts

Lose

Factor Exposure
Mutual Funds coverage
Other coverage

Watch out

Avoid as a full replacement if you rely on technical screening, quant research, and portfolio analytics.
Free-plan limits: Signup required. Basic tier limits charts per tab, indicators, alerts, watchlists, and historical bars. Some real-time exchange data is sold separately from platform plans.
Real-time market data can require add-ons: Optional real-time quote subscriptions and exchange-specific data fees.

Cost

Free with signup

$12.95/moto go paid

$54.55/mo less than Optuma

Fit: Partial replacement

Open TradingView Compare

Full review and details

MarketInOutPartial replacementFree • From $359Free with signup

Partial replacement

MarketInOut

Bottom line: Traders who need formula-driven screening, backtesting, historical screens, alerts, and multi-market filters.

Keep

Screeners
Backtesting
Watchlist
Portfolio
Correlation

Gain

Alerts
APIs & Data Feeds

Lose

Data Visualizations
Stock Comparison
ETF Comparison
Quant

Watch out

Avoid as a full replacement if you rely on technical analysis, quant research, and portfolio analytics.
Free-plan limits: Signup required. Signup page lists 6-month membership at $159, 1-year at $259, and 2-year at $359; prices exclude VAT. Professional-investor signup lists 6-month, 1-year, and 2-year licenses at $745, $1,145, and $1,695; feature differences are not disclosed.
Free access is limited: The free tier shows partial screener results and limits the Backtester to the current year. A 7-day trial is available only by request.

Cost: Free with signup; Free • From $359

Fit: Partial replacement

Compare MarketInOut membership Compare

Full review and details

QuantConnectBetter as a complementFree • Contact for pricingFree with signup

Better as a complement

QuantConnect

Bottom line: Quants and systematic traders looking for an end-to-end research, backtesting, cloud deployment, and live-trading workflow on LEAN.

Keep

Quant
Backtesting

Gain

Paper Trading
Auto-Trading & Bots
Options
APIs & Data Feeds

Lose

Data Visualizations
Stock Comparison
ETF Comparison
Screeners

Watch out

Avoid as a full replacement if you rely on charting, technical analysis, and technical screening.
Free-plan limits: Signup required. Free tier includes one free backtest node and one free research node according to QuantConnect tier documentation. Paid pricing depends on the selected organization tier, seats, compute nodes, data, and support.
Plan and add-on complexity: Backtest/live nodes, data resolution, users, notifications, and hosted data features vary by organization tier and add-ons.

Cost: Free with signup; Free • Contact for pricing

Fit: Better as a complement

Compare QuantConnect plans Compare

Full review and details

SharpelyBest workflow fitFree • Contact for pricingFree with signup

Best workflow fit

Sharpely

Bottom line: Indian investors comparing an official RRG chart with stock, fund, factor, and strategy research in the same product.

Keep

Data Visualizations
Stock Comparison
ETF Comparison
Screeners
Quant
Backtesting

Gain

No additional capabilities listed.

Lose

Correlation
Currencies coverage
Commodities coverage
Futures coverage

Watch out

Avoid as a full replacement if you rely on technical screening, quant research, and market maps.
Free-plan limits: Signup required. The pricing page describes the Free plan as valid forever. RRG Chart appears under Core Benefits in Every Plan, but the Free plan's public feature response omits it.
India-focused coverage: The product is built around Indian stocks, sectors, indices, mutual funds, and ETFs rather than broad global coverage.

Cost: Free with signup; Free • Contact for pricing

Fit: Partial replacement

Start free on Sharpely Compare

Full review and details

What This Shortlist Tells You

TradingView is the closest drop-in replacement with overlapping coverage in Data Visualizations, Stock Comparison, and ETF Comparison while adding ETF Screeners and Stock Ideas coverage, Coverage includes stocks, ETFs, cryptocurrencies, bonds, currencies, futures, options, commodities, and indexes. The pricing page lists direct access to 3,539,722 instruments. and Supercharts support multiple charts per tab, custom intervals, range bars, and up to 16 charts per tab on Ultimate. features, and a free tier (workflow overlap ~90%).

Every pick keeps a free tier; start with TradingView, ChartMill, and StockCharts to road-test Optuma workflows without paying up front.

Need mobile access? TradingView, StockCharts, and TC2000 bring phone-ready workflows that Optuma lacks.

Round out your stack with new coverage areas like ETF Screeners, Stock Ideas, News, and Alerts.

Coverage Snapshot

Where alternatives already align

Most shared categories across the top matches.

Screeners×6 Watchlist×6 Backtesting×5 Data Visualizations×5 Portfolio×5 ETF Comparison×3 Quant×3 Stock Comparison×3

New angles introduced

Categories the alternatives add beyond Optuma.

Alerts+5 Options+4 Calendar+3 News+3 Paper Trading+3 APIs & Data Feeds+2 Blogs+2 Broker Connectors+2

Free Access & Pricing

Free to start

All 8

All 8 have a standing free tier, not a trial.

Paid plans from

$12.95/mo

TradingView is the cheapest paid upgrade. Optuma starts at $67.50/mo.

Mobile app

4 of 8

4 add a mobile app that Optuma lacks.

API access

1 of 8

1 expose an API or data feed, usually on a paid plan.

Hands-on tested

2 of 8

2 tested hands-on. 1 are analyst picks.

Coverage overlap

61%

Average share of Optuma categories each alternative covers.

Free Alternatives FAQ

What are the best free alternatives to Optuma?

TradingView, ChartMill, and StockCharts cover the most Optuma workflows without a paid plan, in that order.

Do these picks stay permanently free?

Yes. Every tool listed has a standing free tier, not a trial. Expect caps on exports, seats, or history once you use it heavily.

Which Optuma workflows stay covered on the free plan?

The free plans cover Data Visualizations, Stock Comparison, ETF Comparison, Screeners, Quant, Backtesting, Watchlist, Portfolio, Correlation, and Factor Exposure. Core Optuma workflows in those areas do not need a paid upgrade.

What extra coverage do the free alternatives add?

The free alternatives add ETF Screeners, Stock Ideas, News, Alerts, Calendar, Dividends, Splits, Yield Curves, Macro Data, Paper Trading, Broker Connectors, Webhooks, Order Book / Level II, Options, Options P&L, Education, Blogs, Videos, Scores, Valuation Models, Market Sentiment, Financials, Analyst Forecasts, Analyst Ratings & Price Targets, Insider Data, Institutional Ownership, Short Interest, Position Sizing, Advanced Order Types, Brokerage, APIs & Data Feeds, and Auto-Trading & Bots, which Optuma does not cover.

Where might I still rely on Optuma?

Factor Exposure, ETF Comparison, Quant, Portfolio, Correlation, Stock Comparison, Backtesting, Data Visualizations, Screeners, and Watchlist stay with Optuma. Keep it for those tasks, or budget for a paid plan elsewhere if they matter.

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Feedback

Missing an alternative, or is a listing out of date? Tell me and I will look.

Curation & Accuracy

This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).

Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.