VOL. XCIV, NO. 247

★ BEST INVESTING TOOLS COMPARISON ★

Wednesday, June 3, 2026

Tool Comparison · Wednesday, June 3, 2026

Magic Formula Investing vs MarketScreener

Magic Formula Investing vs MarketScreener: which investing tool fits your workflow? Compare pricing, features, platforms, and verdict in seconds.

Quick verdict
Magic Formula Investing logo

Magic Formula Investing

magicformulainvesting.com

Best for screeners, and stock ideas

Pricing
Free
Platforms
Web
VS
MarketScreener logo

MarketScreener

marketscreener.com

Best for news, and alerts

Pricing
Free • From $59/mo
Platforms
Web, Mobile

Outbound links may include affiliate or sponsor codes.

Comparison snapshot

Attribute
Magic Formula Investing
MarketScreener
Starting price
Free
Free • From $59/mo
Categories covered
2
17
Web app
Yes
Yes
Mobile app
No
Yes
API access
No
No
Regions
North America
North America, Europe, APAC, LatAm, Middle East, Africa

Who should choose which?

Choose

Magic Formula Investing if…

  • You need straightforward screener with only two inputs: minimum market cap (usd, millions) and number of results (30 or 50).
  • You need universe restricted to u.s.-listed equities, excluding financial and utility companies.
  • You need ranks companies on two factors: high earnings yield (low p/e) and high return on capital, with minor accounting adjustments.
  • You need update cadence: price data refreshed daily around 8:00 am et on trading days; financial data updated quarterly.

Choose

MarketScreener if…

  • You need a mobile app for on-the-go research
  • You’re a long-term or value-focused investor
  • You need market news + quotes with broad coverage across equities, etfs, commodities, currencies/forex and cryptocurrencies .
  • You need custom watchlists ("my lists") with real-time quotes, news, earnings releases, valuation trends, broker recommendations, and smart email alerts .

Consider alternatives if…

  • You want broader category coverage in one tool.
  • Neither pricing tier fits your budget.
See alternatives

Side-by-side feature breakdown

AttributeMagic Formula InvestingMarketScreener
Asset types
Stocks
StocksETFsCommoditiesCurrenciesCryptos
Experience
BeginnerIntermediateAdvanced
BeginnerIntermediateAdvanced
Regions
North America
North AmericaEuropeAPACLatAmMiddle EastAfrica
Data freshness
End of Day
Not specified
API access
Not specifiedNot specified
Export formats
Not specifiedNot specified

Seen enough? Open either tool and try it now.

Pricing breakdown

Pricing details

Tool

Magic Formula Investing

Starting price

Free tierYes
Free trial

Plans & pricing

FreeFree

Tool

MarketScreener

$59/mo

Starting price

Free tierYes
Free trial

Plans & pricing

Free (Member)Free
Premium$59/mo
Expert$279/mo

Coverage overlap

Shared categories2

Categories where both tools offer overlapping coverage.

Magic Formula Investing strengths0

Categories covered by Magic Formula Investing only.

No unique categories.

Community category leaders

PortfolioMarketScreener
WatchlistMarketScreener
NewsMarketScreener
AlertsMarketScreener
FinancialsMarketScreener
Data VisualizationsMarketScreener
Insider DataMarketScreener
TranscriptsMarketScreener
Browse the #1 tool in 90+ categories

Vote sentiment comparison

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Still deciding? Get hands-on with both — most plans offer a free tier or trial.

Frequently Asked Questions

What's the difference between Magic Formula Investing and MarketScreener?

Magic Formula Investing focuses on Screeners, and Stock Ideas while MarketScreener specializes in News, Alerts, and Calendar. They overlap in 2 categories, so choose based on your preferred workflow and pricing.

How much do Magic Formula Investing and MarketScreener cost?

Good news—both Magic Formula Investing and MarketScreener offer free plans. You can try each platform without commitment and only pay when you need premium features.

Can I use Magic Formula Investing or MarketScreener on my phone?

MarketScreener has a mobile app so you can check your research on the go. Magic Formula Investing is web-only, so you'll need a browser to access it from mobile devices.

Should I choose Magic Formula Investing or MarketScreener?

Choose Magic Formula Investing if you need Straightforward screener with only two inputs: minimum market cap (USD, millions) and number of results (30 or 50)., and Universe restricted to U.S.-listed equities, excluding financial and utility companies.. Go with MarketScreener if Market news + quotes with broad coverage across equities, ETFs, commodities, currencies/forex and cryptocurrencies ., and Custom watchlists ("My lists") with real-time quotes, news, earnings releases, valuation trends, broker recommendations, and smart email alerts . better fits how you invest.

What asset classes do Magic Formula Investing and MarketScreener cover?

Both cover Stocks. MarketScreener adds coverage for ETFs, Commodities, Currencies, and Cryptos.

Which has a better stock screener—Magic Formula Investing or MarketScreener?

Both Magic Formula Investing and MarketScreener include stock screeners. Try each to see which filtering options and interface you prefer.

Can I track my portfolio with Magic Formula Investing or MarketScreener?

MarketScreener offers portfolio tracking features. Magic Formula Investing is more focused on research and analysis.

Top 50 Investing ToolsGlobal ranking of the best investing tools, ranked by community votes.

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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.