★ BEST INVESTING TOOLS COMPARISON ★
VOL. XCIV, NO. 247
Source check: TipRanks checked August 4, 2026
Tool Comparison
Magic Formula Investing vs TipRanks
Pick Magic Formula Investing instead if
Magic Formula Investing
Free · Web
- Go this way if it's completely free.
Start here
TipRanks
Free • From $29.95/mo · Web · Mobile · API
- You do a lot of your research from your phone
- You want an API so you can script or automate things
- You care about top analysts, ETF screeners, and US government trades, things Magic Formula Investing doesn't offer
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 TipRanks 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. TipRanks simply does more: 37 categories to Magic Formula Investing's 2, including top analysts, ETF screeners, and US government trades, plus a mobile app. Magic Formula Investing counters by being completely free.
What readers say
Magic Formula Investing
Vote once to reveal the community verdict.
TipRanks
Vote once to reveal the community verdict.
Key differences at a glance
- Mobile app
- TipRanks
- Broader coverage
- TipRanks37 vs 2 categories
- API access
- TipRanks
- Asset coverage
- TipRanksAdds ETFs and options
- 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 $29.95/mo |
Free tier | Yes | Yes |
Free trial | — | — |
Plan limits | — | 11 limits: Free: mcp oauth tool calls per month: 10, Free: mcp api requests per minute: 5 +9 more |
| Platforms & access | ||
Web app | Yes | Yes |
Mobile app | No | Yes |
API access | No | Yes |
Broker sync | — | No |
Integrations | — | MCP, Claude +5 more |
| Audience & fit | ||
Experience level | Beginner, Intermediate, Advanced | Beginner, Intermediate, Advanced |
Best for | — | Retail Traders, Pro Retail +3 more |
Categories covered | 2 | 37 |
Regions | North America | — |
| Data & capabilities | ||
Data quality | 3 signals: Latency: End of Day, Granularity: EOD +1 more | — |
Capabilities | — | 4 signals: Universe builder, Performance attribution +2 more |
Security | — | Encryption in transit |
| Try it | Visit Magic Formula Investing | Visit TipRanks |
Where each one shines
What Magic Formula Investing and TipRanks each do best.ShowHide
Where each one shines
What Magic Formula Investing and TipRanks 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 TipRanks does best
- Research coverage for stocks and ETFs with analyst consensus, price targets, ratings history, dividends, earnings, ownership, financials, statistics, technical analysis, historical prices, charts, and news.
- TipRanks Smart Score to compare stocks through a 1-10 quantitative score built from analyst ratings, insider transactions, blogger opinions, investor sentiment, hedge-fund activity, news sentiment, technicals, and fundamentals.
- Analyst ratings, analyst rankings, expert performance, blogger opinions, hedge-fund signals, corporate insider activity, politician trades, and individual-investor sentiment.
- AI Stock Analysis reports for automated business-model, financial-statement, technical-indicator, sentiment, rating, and price-target context.
- Discovery tools for ideas with stock, ETF, penny-stock, technical-analysis, trending-stock, market-mover, AI Analyst Top Stocks, and best-performing analyst consensus workflows.
Every detail we compared
Every tracked attribute for Magic Formula Investing and TipRanks, side by side.ShowHide
Every detail we compared
Every tracked attribute for Magic Formula Investing and TipRanks, side by side.| Attribute | ||
|---|---|---|
| Coverage & fit | ||
Asset types | Stocks | StocksETFsOptionsCryptosCommoditiesCurrencies |
Experience | BeginnerIntermediateAdvanced | BeginnerIntermediateAdvanced |
Target audience | Not specified | Retail TradersPro RetailInstitutional InvestorsAnalystsQuants/Developers |
Regions | North America | Not specified |
Coverage details | Countries: USIdentifiers: Ticker | Identifiers: Ticker |
| Data | ||
Data freshness | End of Day | Not specified |
Data granularity | EOD | Not specified |
| Access & integrations | ||
API protocols | Not specified | REST |
API auth & delivery | Not specified | Auth: APIKey and OAuth2Docs |
Integrations | Not specified | MCPClaudeChatGPTCursorCodexGemini CLIMetaTrader |
Export formats | Not specified | CSV |
| Plans & trust | ||
Security & compliance | Not specified | Encryption in transit |
Capability signals | Not specified | Universe builderPerformance attributionPortfolio attributionAI summaries: News and Transcripts |
Vendor & support | Not specified | TipRanksCountry: IsraelSupport: 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 | Freemcp oauth tool calls per month: 10 · mcp api requests per minute: 5 · +1 more |
| Entry paid plan | — | $29.95/mo“Premium”mcp oauth tool calls per month: 100 |
| Tier 2 | — | Subscription“Plus” |
| Tier 3 | — | Subscription“Ultimate”mcp oauth tool calls per month: 200 |
| Top plan | — | Subscription“MCP Developer API Keys”smart requests per minute: 30 · smart requests per month: 1,000 · +4 more |
| Custom / enterprise | — | Contact sales“Enterprise / API Suite” |
Questions we keep getting
What's the difference between Magic Formula Investing and TipRanks?
Magic Formula Investing leans toward screeners and stock ideas, while TipRanks puts more weight on stock ideas, top analysts, and screeners. They overlap in 2 categories, so for most people it comes down to workflow preference and price.
How much do Magic Formula Investing and TipRanks cost?
Good news: both Magic Formula Investing and TipRanks have free plans, so you can run them side by side and only pay if you hit a wall.
Can I use Magic Formula Investing or TipRanks on my phone?
TipRanks lists a dedicated mobile app, so it travels better. Magic Formula Investing doesn't list a dedicated mobile app; its documented access is web.
Does Magic Formula Investing or TipRanks have an API?
TipRanks has an API for programmatic access and custom integrations. Magic Formula Investing doesn't, so you're working through its interface.
Should I choose Magic Formula Investing or TipRanks?
It depends on what you're after. Pick Magic Formula Investing if you prefer its overall approach; go with TipRanks if you'd rather have top analysts and ETF screeners. And if you only need the basics both share, let price decide.
What asset classes do Magic Formula Investing and TipRanks cover?
Both cover stocks. TipRanks adds ETFs, options, and cryptos on top.
Can I export data from Magic Formula Investing and TipRanks?
TipRanks exports to CSV. Magic Formula Investing is stingier about getting data out.
Which has a better stock screener: Magic Formula Investing or TipRanks?
Both Magic Formula Investing and TipRanks include stock screeners, and they differ more in interface than raw power; try both and see which one clicks for you.
Can I track my portfolio with Magic Formula Investing or TipRanks?
TipRanks handles portfolio tracking. Magic Formula Investing is really a research tool; you'd track your portfolio elsewhere.
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.