Tool Comparison
Börsdata vs Magic Formula Investing
- Paid from
- On request
- Free plan
- Yes
- Platforms
- Web, API
Best if
- You want an API so you can script or automate things
- You want data visualizations, index rebalancing, and watchlist.
- You trade often and need tooling built for speed
- Paid from
- —
- Free plan
- Yes
- Platforms
- Web
Best if
Start here
Börsdata
Free • Contact for pricing · Web · API
- You want an API so you can script or automate things
- You want data visualizations, index rebalancing, and watchlist.
- You trade often and need tooling built for speed
Pick Magic Formula Investing instead if
Magic Formula Investing
Free · Web
- Go this way if it's completely free.
Skip both if: Neither one clicks with how you research; there are strong third options.
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Our take
The bottom line
Börsdata and Magic Formula Investing cover a lot of the same ground (2 shared categories, screeners and stock ideas), so for the basics you won't go far wrong with either. Börsdata simply does more: 18 categories to Magic Formula Investing's 2, including data visualizations, index rebalancing, and watchlist. Magic Formula Investing counters by being completely free.
What readers say
Börsdata
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Magic Formula Investing
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Key differences at a glance
- Global coverage
- Börsdata
- Broader coverage
- Börsdata18 vs 2 categories
- API access
- Börsdata
- Asset coverage
- BörsdataAdds commodities and currencies
- Free plan
- Both
What Börsdata does best
- Research coverage for Nordic and global companies with financial statements, ratios, valuation metrics, charts, and multi-year history.
- The advanced stock screener with thousands of KPIs, mini charts, saved filters, exports, and watchlists.
- Tools for running built-in strategy screens such as Magic Formula, Graham, Dividend, F-Score, and Net-nets for idea generation.
- Review Nordic ownership workflows such as top shareholders, insider transactions, short selling, buybacks, and owner-flow views where supported.
- Valuation and estimate tools to compare price, PE, EV/EBIT, sales, profit, market cap, and simple DCF-style scenarios.
What Magic Formula Investing does best
- The official Magic Formula screener with two inputs, minimum market cap and either 30 or 50 results.
- Screening for companies ranked on high earnings yield and high return on capital, with the accounting adjustments described by the official methodology.
- A narrow value and quality idea list for further research.
- Focus on U.S.-listed equities because the official universe excludes foreign companies and ADRs.
- Financial and utility companies are excluded from the official screen.
Side by side
Pricing comparison
See for yourself
Side by side
Price, platforms, data, and market coverage.ShowHide
Side by side
| Attribute | ||
|---|---|---|
| Pricing & plans | ||
Starting price | Free • Contact for pricing | Free |
Free tier | Yes | Yes |
Free trial | — | — |
Plan limits | Premium: coverage: Nordic markets only (SE, NO, FI, DK). and Pro: coverage: Nordic plus selected global markets (US, CA, UK, Western Europe, JP,... | — |
| Platforms & access | ||
Web app | Yes | Yes |
Mobile app | No | No |
API access | Yes | No |
Broker sync | No | — |
Integrations | TradingView, Microsoft Excel +2 more | — |
| Audience & fit | ||
Experience level | Beginner, Intermediate, Advanced | Beginner, Intermediate, Advanced |
Best for | Retail Traders, Pro Retail +11 more | — |
Categories covered | 18 | 2 |
Regions | Europe, North America, APAC | North America |
| Data & capabilities | ||
Data quality | 3 signals: Latency: End of Day, Granularity: EOD +1 more | 3 signals: Latency: End of Day, Granularity: EOD +1 more |
Data partners | 5 partners: Nasdaq OMX, Refinitiv +3 more | — |
Security | Data residency: EU | — |
| Try it | Visit Börsdata | Visit Magic Formula Investing |
Standout features
The best features of Börsdata and Magic Formula Investing.ShowHide
Standout features
What Börsdata does best
- Research coverage for Nordic and global companies with financial statements, ratios, valuation metrics, charts, and multi-year history.
- The advanced stock screener with thousands of KPIs, mini charts, saved filters, exports, and watchlists.
- Tools for running built-in strategy screens such as Magic Formula, Graham, Dividend, F-Score, and Net-nets for idea generation.
- Review Nordic ownership workflows such as top shareholders, insider transactions, short selling, buybacks, and owner-flow views where supported.
- Valuation and estimate tools to compare price, PE, EV/EBIT, sales, profit, market cap, and simple DCF-style scenarios.
What Magic Formula Investing does best
- The official Magic Formula screener with two inputs, minimum market cap and either 30 or 50 results.
- Screening for companies ranked on high earnings yield and high return on capital, with the accounting adjustments described by the official methodology.
- A narrow value and quality idea list for further research.
- Focus on U.S.-listed equities because the official universe excludes foreign companies and ADRs.
- Financial and utility companies are excluded from the official screen.
All details
Every attribute we track for Börsdata and Magic Formula Investing.ShowHide
All details
| Attribute | ||
|---|---|---|
| Coverage & fit | ||
Asset types | StocksCommoditiesCurrenciesCryptosOther | Stocks |
Experience | BeginnerIntermediateAdvanced | BeginnerIntermediateAdvanced |
Target audience | Retail TradersPro RetailInstitutional InvestorsDay TradersSwing TradersLong-term InvestorsValue InvestorsDividend Investors+5 more | Not specified |
Regions | EuropeNorth AmericaAPAC | North America |
Coverage details | 16 countriesIdentifiers: Ticker and ISIN | Countries: USIdentifiers: Ticker |
| Data | ||
Data freshness | End of Day | End of Day |
Data granularity | EOD | EOD |
Data partners | Nasdaq OMXRefinitivMillistreamMorningstarMFN News | Not specified |
| Access & integrations | ||
API protocols | REST | Not specified |
API auth & delivery | Auth: APIKey600 req/minDocs | Not specified |
Import methods | Manual | Not specified |
Integrations | TradingViewMicrosoft ExcelGoogle SheetsMFN News | Not specified |
Export formats | CSVExcelPDF | Not specified |
| Plans & trust | ||
Security & compliance | Data residency: EU | Not specified |
Vendor & support | Börsdata Sverige ABCountry: SwedenFounded 2009Support: Email | Not specified |
Curation ratings | Not specified | Methodology 4/5Reliability 4/5UX 3/5 |
Green tags are exclusive to that tool in this comparison.
Pricing
Plans, billing, free trials, and monthly prices.ShowHide
Pricing
| Tier | ||
|---|---|---|
| Free plan | Free | Free |
| Entry paid plan | €10/mo“Premium”coverage: Nordic markets only (SE, NO, FI, DK). | — |
| Tier 2 | €25/mo“Pro”coverage: Nordic plus selected global markets (US, CA, UK, Western Europe, JP,... | — |
| Top plan | €59/mo“Pro+” | — |
| Custom / enterprise | Contact sales“Enterprise” | — |
Questions we keep getting
What's the difference between Börsdata and Magic Formula Investing?
Börsdata leans toward screeners, stock ideas, and data visualizations, while Magic Formula Investing puts more weight on screeners and stock ideas. They overlap in 2 categories, so for most people it comes down to workflow preference and price.
How much do Börsdata and Magic Formula Investing cost?
Good news: both Börsdata and Magic Formula Investing have free plans, so you can run them side by side and only pay if you hit a wall.
Does Börsdata or Magic Formula Investing have an API?
Börsdata has an API for programmatic access and custom integrations. Magic Formula Investing doesn't, so you're working through its interface.
Should I choose Börsdata or Magic Formula Investing?
It depends on what you're after. Pick Börsdata if data visualizations and index rebalancing matter to you; go with Magic Formula Investing if you prefer its overall approach. And if you only need the basics both share, let price decide.
What asset classes do Börsdata and Magic Formula Investing cover?
Both cover stocks. Börsdata also handles commodities, currencies, and cryptos.
Which covers international markets: Börsdata or Magic Formula Investing?
Börsdata has documented international coverage (Europe, North America, and APAC), so it's the safer bet if you hold non-US stocks. Magic Formula Investing is more region-specific, mainly North America.
Can I export data from Börsdata and Magic Formula Investing?
Börsdata exports to CSV and Excel. Magic Formula Investing is stingier about getting data out.
Is Börsdata or Magic Formula Investing better for day trading?
Börsdata is the one positioned more for active traders. Magic Formula Investing is the better fit if you care less about fast trading workflows and more about a calmer research process.
Which has a better stock screener: Börsdata or Magic Formula Investing?
Both Börsdata and Magic Formula Investing include stock screeners, and they differ more in interface than raw power; try both and see which one clicks for you.
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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.