VOL. XCIV, NO. 247
★ BEST INVESTING TOOLS COMPARISON ★
NO ADVICE
Sunday, May 31, 2026
Tool Comparison · Sunday, May 31, 2026
Magic Formula Investing vs OpenInsider
Magic Formula Investing vs OpenInsider: which investing tool fits your workflow? Compare pricing, features, platforms, and verdict in seconds.
Magic Formula Investing
magicformulainvesting.com
Best for stock ideas
- Pricing
- Free
- Platforms
- Web
OpenInsider
Pickopeninsider.com
Best for insider data, and data visualizations
- Pricing
- Free
- Platforms
- Web
Outbound links may include affiliate or sponsor codes.
Comparison snapshot
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
OpenInsider if…
- You need real-time data, not delayed quotes
- You need real-time sec form 4 insider trading screener for insider buying and selling.
- You need pre-built report pages such as “latest insider purchases”.
- You need “insider buy-sell charts” page for visualizing insider activity.
Consider alternatives if…
- You want broader category coverage in one tool.
- Neither pricing tier fits your budget.
Side-by-side feature breakdown
| Attribute | Magic Formula Investing | OpenInsider |
|---|---|---|
Asset types | Stocks | StocksClosed-End Funds |
Experience | BeginnerIntermediateAdvanced | BeginnerIntermediateAdvanced |
Regions | North America | North America |
Data freshness | End of Day | Real-time |
API access | Not specified | Not specified |
Export formats | Not specified | CSV |
Seen enough? Open either tool and try it now.
Pricing breakdown
Tool
Magic Formula Investing
—
Starting price
Plans & pricing
Tool
OpenInsider
—
Starting price
Plans & pricing
Pricing not published
Coverage overlap
Community category leaders
Vote sentiment comparison
Loading sentiment chart...
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 OpenInsider?
Magic Formula Investing focuses on Screeners, and Stock Ideas while OpenInsider specializes in Insider Data, Screeners, and Data Visualizations. They overlap in 1 categories, so choose based on your preferred workflow and pricing.
How much do Magic Formula Investing and OpenInsider cost?
Good news—both Magic Formula Investing and OpenInsider offer free plans. You can try each platform without commitment and only pay when you need premium features.
Should I choose Magic Formula Investing or OpenInsider?
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 OpenInsider if Real-time SEC Form 4 insider trading screener for insider buying and selling., and Pre-built report pages such as “Latest Insider Purchases”. better fits how you invest.
What asset classes do Magic Formula Investing and OpenInsider cover?
Both cover Stocks. OpenInsider adds coverage for Closed-End Funds.
Does Magic Formula Investing or OpenInsider have real-time data?
OpenInsider offers real-time data feeds, which is essential for active traders. Magic Formula Investing uses delayed or end-of-day data, which works fine for longer-term investors who don't need up-to-the-second quotes.
Can I export data from Magic Formula Investing and OpenInsider?
OpenInsider supports data exports to CSV. Magic Formula Investing has more limited export options.
Which has a better stock screener—Magic Formula Investing or OpenInsider?
Both Magic Formula Investing and OpenInsider include stock screeners. Try each to see which filtering options and interface you prefer.
Other tools you might like
These profiles share overlapping coverage with both sides of this matchup.
Keep Exploring
Global rankings of the highest-rated tools across all categories.
Ranked list of companies with durable competitive advantages.
Proven models entering their growth phase with solid economics.
Track votes, sentiment, and engagement across the community.
Learn moat types, red flags, and real-company examples.
Browse other head-to-head tool comparisons and alternatives.
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.