VOL. XCIV, NO. 247
BEST INVESTING TOOLS COMPARISON
Tool details checked August 23, 2026
Tool Comparison
okama vs Reflexivity
Pick okama if
okama
Free · Web · API
- You want data visualizations, correlation, and risk metrics.
- You're newer to investing and want something approachable
Pick Reflexivity if
Reflexivity
Free • From $99.99/mo · Web · API
- Delayed quotes won't cut it; you need real-time data
- You want screeners, performance attribution, and scenario & stress tests.
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
okama and Reflexivity cover a lot of the same ground (4 shared categories, including quant, portfolio, and backtesting), so for the basics you won't go far wrong with either. Reflexivity simply does more: 13 categories to okama's 10, including screeners, performance attribution, and scenario & stress tests. okama counters by being completely free.
What readers say
okama
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Reflexivity
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Key differences at a glance
- Real-time data
- Reflexivity
- Broader coverage
- Reflexivity13 vs 10 categories
- Beginner friendly
- okama
- 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 $99.99/mo |
Free tier | Yes | Yes |
Free trial | — | — |
| Platforms & access | ||
Web app | Yes | Yes |
Mobile app | No | No |
API access | Yes | Yes |
Broker sync | No | No |
| Audience & fit | ||
Experience level | Beginner, Intermediate, Advanced | Intermediate, Advanced |
Best for | — | — |
Categories covered | 10 | 13 |
Regions | North America, Europe, APAC, Middle East | North America, Europe, APAC, LatAm, Middle East, Africa |
| Data & capabilities | ||
Data quality | 3 signals: Latency: End of Day and 15-min Delayed, Granularity: EOD +1 more | Latency: Real-time and End of Day and Granularity: EOD |
Capabilities | 4 signals: VaR/ES, Monte Carlo +2 more | 5 signals: Universe builder, Stress tests: Rates, FX, and EquityCrash +3 more |
Security | — | SOC2 |
| Try it | Visit okama | Visit Reflexivity |
Where each one shines
What okama and Reflexivity each do best.ShowHide
Where each one shines
What okama and Reflexivity each do best.What okama does best
- Web widgets for efficient frontier visualization, asset comparison, and adjusted monthly portfolio risk/return analysis.
- Python tools for constrained mean-variance optimization, multi-period efficient frontiers, rebalancing constraints, and portfolio simulations.
- Risk analysis with VaR, CVaR, semideviation, drawdowns, volatility, correlations, and related statistics.
- Monte Carlo simulations and wealth-index forecasts with percentile bands.
- Contribution and withdrawal modeling for portfolio paths and retirement scenarios.
What Reflexivity does best
- AI research workflows over institutional datasets from providers such as S&P Global, LSEG Datastream, Nasdaq, Cboe, and other sources included in the platform.
- Tools for running Deep Research workflows that can analyze data, write and execute code, create research reports, and export data or visualizations.
- Search across filings, transcripts, presentations, central bank documents, and proprietary uploads through Document Intelligence.
- OCR on charts and tables so documents can become searchable and analyzable research inputs.
- Monitor portfolios with real-time alerts, risk and exposure analytics, performance attribution, and daily insight generation.
Every detail we compared
Every tracked attribute for okama and Reflexivity, side by side.ShowHide
Every detail we compared
Every tracked attribute for okama and Reflexivity, side by side.| Attribute | ||
|---|---|---|
| Coverage & fit | ||
Asset types | StocksETFsCommoditiesCurrenciesMutual Funds | StocksETFsBondsCommoditiesCurrencies |
Experience | BeginnerIntermediateAdvanced | IntermediateAdvanced |
Regions | North AmericaEuropeAPACMiddle East | North AmericaEuropeAPACLatAmMiddle EastAfrica |
Coverage details | Identifiers: Ticker | Identifiers: Ticker |
| Data | ||
Data freshness | End of Day15-min Delayed | Real-timeEnd of Day |
Data granularity | EOD | EOD |
| Access & integrations | ||
API protocols | REST | Not specified |
API auth & delivery | Auth: NoneSDKs: Python | Not specified |
Import methods | Not specified | CSVManual |
Export formats | Not specified | Excel |
| Plans & trust | ||
Security & compliance | Not specified | SOC2 |
Capability signals | VaR/ESMonte CarloRebalancingCorrelation | Universe builderStress tests: Rates, FX, and EquityCrashPortfolio attributionCitation pinningAI summaries: Filings, Transcripts, and News |
Vendor & support | MBK Development LLCSupport: Forum | Knabble, Inc. (dba Reflexivity)Country: United StatesSupport: 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 | Free“Basic via IBKR” |
| Entry paid plan | — | $99.99/mo“Plus via IBKR” |
| Custom / enterprise | — | Contact sales“Institutional” |
Questions we keep getting
What's the difference between okama and Reflexivity?
okama leans toward quant, data visualizations, and portfolio, while Reflexivity puts more weight on screeners, quant, and performance attribution. They overlap in 4 categories, so for most people it comes down to workflow preference and price.
How much do okama and Reflexivity cost?
Good news: both okama and Reflexivity have free plans, so you can run them side by side and only pay if you hit a wall.
Which is better for beginners: okama or Reflexivity?
okama is the friendlier place to start; its interface takes less getting used to. Both work fine once you're past the basics.
Do okama and Reflexivity have APIs?
Yes, both offer API access, so developers and quants can pull data programmatically or wire up their own integrations.
Should I choose okama or Reflexivity?
It depends on what you're after. Pick okama if data visualizations and correlation matter to you; go with Reflexivity if you'd rather have screeners and performance attribution. And if you only need the basics both share, let price decide.
What asset classes do okama and Reflexivity cover?
Both cover stocks, ETFs, commodities, and currencies. okama also handles mutual funds. Reflexivity adds bonds on top.
Does okama or Reflexivity have real-time data?
Reflexivity offers real-time data, which matters if you trade actively. okama 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 okama and Reflexivity?
Reflexivity exports to Excel. okama is stingier about getting data out.
Which has a better stock screener: okama or Reflexivity?
Reflexivity has a stock screener for surfacing ideas; okama doesn't, and focuses its energy elsewhere.
Can I track my portfolio with okama or Reflexivity?
Yes, both do portfolio tracking: holdings, performance, and allocation in one place.
Keep researching
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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.