Our FreeStockCharts review breaks down their free charting platform service. With some sites, you don’t need any explanation as to what the site does. Freestockcharts.com is a free service that charts stocks and other assets for traders to use in technical analysis.
FreeStockCharts has moved its platform to TC2000. As a result, two charting platforms merged. Internet browsers like Microsoft Explorer discontinued their support of the platform. As a result, they’re now found on TC2000. That’s one way to get around the internet issues with Edge.
Table of Contents
FreeStockCharts Review Introduction
This patented software allows users to access charting, stock options screening, and trading strategies on their computer or phone! The easy-to-use and intuitive platform provides traders with an inside look at what is moving the markets.
While the site is called Freestockcharts.com, it offers more freemium service than many websites. The free version gives you access to the TC2000 platform on Windows, Android, and iOS. Feel free to download this software onto your computer or open the platform in a web browser instead.
In reality, there are quite a few premium services that Freestockcharts.com runs. And the prices can get a little inflated the higher up you go.
FreeStockCharts Pricing Review
As you can see, there are three different tiers of subscribers: Silver, Gold, and Platinum. Here is a breakdown of what you get in each tier.
1. Silver
- Customizable layouts of charts, watchlists, notes, and trading.
2. Gold
- Everything included in the Silver tier, plus
- EasyScan stock and option screener
- Simple step-by-step wizard to create conditions
- Chart drawing tools
- Sortable watchlists
- Workspace layouts across multiple monitors
- Up to 100 alerts that can be simultaneously tracked
- Graphs of sectors, earnings, % insider shares, sales, etc.
- Pre/Post market mode with morning pre-buzz (requires real-time add-ons)
- Formula writing
3. Platinum
- Everything is included in the Gold and Silver tier, plus
- Historical condition testing
- Historical scan results
- Automatic refresh intervals on scans and sorts
- Up to 1,000 alerts can be simultaneously tracked
- Build market timing indicators from scan plots
4. Optional Data Feeds
- U.S. Stock Data ($14.99 monthly) Realtime
- U.S. Options ($9.99 monthly) Realtime
- Index Data ($9.99 monthly) Realtime
- Dow Jones Indexes and Watchlists ($2.50 monthly) Realtime
- Delayed Dow Jones Indexes and Watchlists ($1.50 monthly)
- LiveBriefs by MT Newswires – Investor Feed ($8.00 monthly)
- LiveBriefs by MT Newswires – Pro Feed ($50.00 monthly)
- 100 additional alerts ($10.00 monthly)
- 500 additional alerts ($25.00 monthly)
- Three additional concurrent streaming scans ($10.00 monthly)
- Ten additional concurrent streaming scans ($25.00 monthly)
As you can see in this FreeStockCharts review, once you sign up for a subscription tier and then add on some customizable Data Feeds, the price of Freestockcharts.com can add up quickly!
The TC2000 software can be downloaded from https://www.tc2000.com/download and linked directly from the Freestockcharts review page. As you can see, the platform has everything you need to perform technical analysis on stock charts, including a built-in stock screener, options premium pricing in the Options Chain for that given stock, and a fully interactive chart that you can add your notations, trend lines, and alerts for. TC2000 even has a web app platform that you can use if you happen to be trading from a different computer than the one you usually trade from.
Overall, the software is great for a free download, and although its interface and visual layout can seem a little more dated than some of the newer platforms, you can’t ask for cutting-edge technology when the app is free!
COURSE | |||
---|---|---|---|
DESCRIPTION | Learn how to read penny stock charts, premarket preparation, target buy and sell zones, scan for stocks to trade, and get ready for live day trading action | Learn how to buy and sell options, assignment options, implement vertical spreads, and the most popular strategies, and prepare for live options trading | How to read futures charts, margin requirements, learn the COT report, indicators, and the most popular trading strategies, and prepare for live futures trading |
INCLUDED | Daily watch lists • Trade rooms • Trading scanners • Discord • Live streaming Day Trading > | Daily watch lists • Trade rooms • Options scanners • Discord • Live streaming Options > | Futures target levels • Trade rooms • Real time teaching • Discord • Live streaming Futures > |
FreeStockCharts Services Review
If you do use the free version, you will notice that a lot of the features require you to sign up for a premium subscription, so while you will find that the free TC2000 software is great for charts, you might end up adding on a subscription to make it a more fulsome experience.
Through TC2000, you can even open your brokerage account to trade directly through the software platform. You can also use a paper account to track and practice your trades before risking your real money. Either way, TC2000 does a great job of offering everything you need within the software’s ecosystem.
In reality, there are quite a few premium services that Freestockcharts.com runs. And the prices can get a little inflated the higher up you go.
- Fibonacci retracement/projection/fan/timezones/arcs
- Anchored VWAP (Volume Weighted Average Price)
- Bollinger Bands
- Kaufman Efficiency Ratio
- Elliott Wave Oscillator
- MACD
- Moving Averages
- Options Greeks
- Relative Strength Index
- And dozens more!
Here’s a FreeStockCharts review of all the tools you need for basic charting that are available in the free version, so feel free to get used to the environment before feeling you need to add to your subscription!
Other Features
How does a FreeStockChart review connect to TC2000? The TC2000 software includes other impressive features, such as a real-time news feed to keep you in the loop within the app rather than toggling between different windows. Believe it or not, a free and premium newsfeed comes directly from M.T. Newswires.
Other features include the built-in stock scanner, which you can use to find stocks using a long list of characteristics and indicators to help you pinpoint the type of charts you want to see. What are some good indicators to use in a stock screener? You may want to find stocks with a higher market cap where options premiums have presumably less volatility or ratios like price to earnings.
Alerts! Any trader knows that alerts are your best friend, especially when you have dozens of stocks on your watchlist. You can be alerted when certain stocks hit certain price levels or crossover moving averages. If you want to watch anything, you can set an alert!
Are you into chart art? Do you think you made a great chart that may help the trading community? Feel free to take a snapshot or share your chart directly on social media for your followers to see!
Pros and Cons
- Great user interface that is easy to learn
- Free service offers everything you need to get started in technical analysis.
- Web Browser mode allows you to log in from any computer
- Many features include news feeds, stock scanners, and options chains.
- Fully customizable features like charts and alerts
- You can add individual paid features as you need them
- The monthly fees can get expensive if you add more features
- Downloading software isn’t as easy as a web-based platform
- Some parts of the platform just aren’t as smooth as newer web-based charting services
Final Thoughts: FreeStockCharts Review
We hope you enjoyed this FreeStockCharts review. Whether you are an experienced day trader or just getting started in investing, technical analysis and reading stock charts can go a long way in helping you stay profitable. If you can figure out how to read simple indicators like support and resistance levels, you can learn much about how stocks generally behave during certain trends.
Freestockcharts.com is an easy-to-use and, best of all, free charting platform that provides everything you need to get into technical analysis. While downloading the TC2000 software can be a bit of a pain, Freestockcharts.com does offer a convenient web-based app that you can use instead.
Premium services can be expensive, but the experience is comparable to other popular sites like TradingView or TrendSpider. If you want to get into technical analysis or chart reading, try Freestockcharts.com to learn the ropes before upgrading to a premium subscription!
Frequently Asked Questions
Investors cannot purchase shares of FreeStockCharts because the company is privately held.
The best free stock charting site is TradingView. Other good platforms are StockCharts.com, and FinViz. ThinkorSwim is the best charting platform if you have TD Ameritrade as a broker.
FreeStockCharts is a real-time charting platform that's owned by TC2000.
- Basic platform: $19.95/mo
- Extra member: $29.95/mo
- PRO member: $49.95/mo
- Trade Ideas
- Benzinga
- TradingView
- Stock Rover
- TC2000