VOL. XCIV, NO. 247
★ BEST INVESTING TOOLS COMPARISON ★
NO ADVICE
Tuesday, March 3, 2026
Tool Comparison
Magic Formula Investing vs Portfolio123 comparison
Compare pricing, supported platforms, categories, and standout capabilities to decide which tool fits your workflow.
Portfolio123
portfolio123.com
At a glance
Tool
Magic Formula Investing
—
Starting price
Plans & pricing
Tool
Portfolio123
$25/mo
Starting price
Plans & pricing
Vote sentiment comparison
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Platform details
| Attribute | Magic Formula Investing | Portfolio123 |
|---|---|---|
Asset types | Stocks | StocksETFsClosed-End Funds |
Experience | BeginnerIntermediateAdvanced | BeginnerIntermediateAdvanced |
Regions | North America | North AmericaEurope |
Data freshness | End of Day | Real-timeEnd of Day |
API access | Not specified | REST |
Export formats | Not specified | JSON |
Coverage overlap
Categories covered by Magic Formula Investing only.
No unique categories.
Categories covered by Portfolio123 only.
Frequently Asked Questions
What's the difference between Magic Formula Investing and Portfolio123?
Magic Formula Investing focuses on Screeners, and Stock Ideas while Portfolio123 specializes in Screeners, Data Visualizations, and Quant. They overlap in 2 categories, so choose based on your preferred workflow and pricing.
How much do Magic Formula Investing and Portfolio123 cost?
Good news—both Magic Formula Investing and Portfolio123 offer free plans. You can try each platform without commitment and only pay when you need premium features.
Does Magic Formula Investing or Portfolio123 have an API?
Portfolio123 provides API access for programmatic data retrieval and custom integrations. Magic Formula Investing doesn't currently offer an API, so you'll need to use their web interface.
Should I choose Magic Formula Investing or Portfolio123?
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 Portfolio123 if Web‑based quant research terminal for building multifactor ranking systems, stock/ETF screens, and complete rules‑based strategies with no programming, powered by point‑in‑time FactSet data and marketed as free of survivorship and look‑ahead bias., and Supports realistic simulations and backtests over roughly 20 years of history for US, Canadian, and European equities, with custom universes, separate buy/sell rules, position sizing, hedging, and “Book of Strategies” to combine and analyze correlated systems. better fits how you invest.
What asset classes do Magic Formula Investing and Portfolio123 cover?
Both cover Stocks. Portfolio123 adds coverage for ETFs, and Closed-End Funds.
Does Magic Formula Investing or Portfolio123 have real-time data?
Portfolio123 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 Magic Formula Investing or Portfolio123 connect to my broker?
Portfolio123 connects with brokers for portfolio syncing. Magic Formula Investing requires manual portfolio entry or data import.
Which has a better stock screener—Magic Formula Investing or Portfolio123?
Both Magic Formula Investing and Portfolio123 include stock screeners. Try each to see which filtering options and interface you prefer.
Can I track my portfolio with Magic Formula Investing or Portfolio123?
Portfolio123 offers portfolio tracking features. Magic Formula Investing is more focused on research and analysis.
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These profiles share overlapping coverage with both sides of this matchup.
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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.