★ BEST INVESTING TOOLS COMPARISON ★
VOL. XCIV, NO. 247
Tool comparison edition
Tool Comparison
Magic Formula Investing vs Monexa
Pick Magic Formula Investing instead if
Magic Formula Investing
Free · Web
- Go this way if it's completely free.
Start here
Monexa
Free • From $9.90/mo · Web
- Delayed quotes won't cut it; you need real-time data
- You care about news, calendar, and financials, things Magic Formula Investing doesn't offer
- You're a long-term investor who cares more about fundamentals than headlines
Skip both if: Neither one clicks with how you research; there are strong third options.
See alternativesOutbound links may include affiliate or sponsor codes.
Our take
The bottom line
Magic Formula Investing and Monexa 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. Monexa simply does more: 17 categories to Magic Formula Investing's 2, including news, calendar, and financials. Magic Formula Investing counters by being completely free.
What readers say
Magic Formula Investing
Vote once to reveal the community verdict.
Monexa
Vote once to reveal the community verdict.
Key differences at a glance
- Real-time data
- Monexa
- Free trial
- Monexa7 days
- Broader coverage
- Monexa17 vs 2 categories
- Asset coverage
- MonexaAdds ETFs and bonds
- Free plan
- Both
See for yourself
How they stack up
The side-by-side table: pricing, platforms, data, and coverage at a glance.ShowHide
How they stack up
The side-by-side table: pricing, platforms, data, and coverage at a glance.| Attribute | ||
|---|---|---|
| Pricing & plans | ||
Starting price | Free | Free • From $9.90/mo |
Free tier | Yes | Yes |
Free trial | — | 7 days |
Plan limits | — | 13 limits: Free: financial history: 5Y, Free: charting: 10Y +11 more |
| Platforms & access | ||
Web app | Yes | Yes |
Mobile app | No | No |
API access | No | No |
| Audience & fit | ||
Experience level | Beginner, Intermediate, Advanced | Beginner, Intermediate, Advanced |
Best for | — | Retail Traders, Pro Retail +4 more |
Categories covered | 2 | 17 |
Regions | North America | — |
| Data & capabilities | ||
Data quality | 3 signals: Latency: End of Day, Granularity: EOD +1 more | Latency: Real-time and Granularity: EOD |
Data partners | — | Financial exchanges / third-party providers |
Security | — | 3 signals: Data residency: Other, Encryption at rest +1 more |
| Try it | Visit Magic Formula Investing | Visit Monexa |
Where each one shines
What Magic Formula Investing and Monexa each do best.ShowHide
Where each one shines
What Magic Formula Investing and Monexa each do best.What Magic Formula Investing does best
- Tools for running the official Magic Formula screener with only two inputs: minimum market cap and either 30 or 50 ranked results.
- Screening for companies ranked on high earnings yield and high return on capital, with the accounting adjustments described by the official methodology.
- Magic Formula Investing serves as a simple value-quality idea list before checking financial statements, business quality, debt, cyclicality, and current valuation context.
- Focus on U.S.-listed equities because the official universe excludes foreign companies and ADRs.
- Sector exclusions: financial and utility companies are removed from the official screen.
What Monexa does best
- Dashboard, News, AI Chat, Calendar, Screener, Watchlist, Whale Tracker, and Congressional Trading modules from one web workspace.
- Screening for stocks with saved screeners, templates, custom filters, and plan-based saved-screen limits.
- Research coverage for global company pages with financial statements, valuation metrics, stock charts, comparison tools, and plan-based history depth.
- Views for reviewing SEC filings by filing type, filing date, CIK, and source-document view actions.
- Work through earnings calls with transcript history, search, AI summaries, and AI analysis where plan access permits.
Every detail we compared
Every tracked attribute for Magic Formula Investing and Monexa, side by side.ShowHide
Every detail we compared
Every tracked attribute for Magic Formula Investing and Monexa, side by side.| Attribute | ||
|---|---|---|
| Coverage & fit | ||
Asset types | Stocks | StocksETFsBondsCommoditiesFunds |
Experience | BeginnerIntermediateAdvanced | BeginnerIntermediateAdvanced |
Target audience | Not specified | Retail TradersPro RetailAnalystsLong-term InvestorsValue InvestorsGrowth Investors |
Regions | North America | Not specified |
Coverage details | Countries: USIdentifiers: Ticker | Identifiers: Ticker |
| Data | ||
Data freshness | End of Day | Real-time |
Data granularity | EOD | EOD |
Data partners | Not specified | Financial exchanges / third-party providers |
| Access & integrations | ||
Export formats | Not specified | Excel |
| Plans & trust | ||
Security & compliance | Not specified | Data residency: OtherEncryption at restEncryption in transit |
Vendor & support | Not specified | Alpine Labs Ltda.Country: BrazilSupport: Email |
Curation ratings | Methodology 4/5Reliability 4/5UX 3/5 | Not specified |
Green tags are exclusive to that tool in this comparison.
What you'll actually pay
Plans, billing, trials, and per-month pricing for both tools.ShowHide
What you'll actually pay
Plans, billing, trials, and per-month pricing for both tools.| Tier | ||
|---|---|---|
| Free plan | Free | Freefinancial history: 5Y · charting: 10Y · +4 more |
| Entry paid plan | — | $9.90/mo“Pro”financial history: 30Y · charting: 30Y · +5 more |
| Free trial | — | 7 days |
Questions we keep getting
What's the difference between Magic Formula Investing and Monexa?
Magic Formula Investing leans toward screeners and stock ideas, while Monexa puts more weight on screeners, stock ideas, and news. They overlap in 2 categories, so for most people it comes down to workflow preference and price.
How much do Magic Formula Investing and Monexa cost?
Good news: both Magic Formula Investing and Monexa have free plans, so you can run them side by side and only pay if you hit a wall.
Should I choose Magic Formula Investing or Monexa?
It depends on what you're after. Pick Magic Formula Investing if you prefer its overall approach; go with Monexa if you'd rather have news and calendar. And if you only need the basics both share, let price decide.
What asset classes do Magic Formula Investing and Monexa cover?
Both cover stocks. Monexa adds ETFs, bonds, and commodities on top.
Does Magic Formula Investing or Monexa have real-time data?
Monexa offers real-time data, which matters if you trade actively. Magic Formula Investing runs on delayed or end-of-day data, which is perfectly fine for longer-term investors who don't live and die by the tick.
Can I export data from Magic Formula Investing and Monexa?
Monexa exports to Excel. Magic Formula Investing is stingier about getting data out.
Which has a better stock screener: Magic Formula Investing or Monexa?
Both Magic Formula Investing and Monexa include stock screeners, and they differ more in interface than raw power; try both and see which one clicks for you.
Keep researching
Other tools you might like
Keep Exploring
Feedback
Spot stale pricing, missing features, or a comparison that feels off? Send feedback on the verdict, table, alternatives, or recommendation.
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.