TradeXchange Review: TradeXchange offers news the moment it goes public, and you receive it in a few formats. At the TX NewsDesk, news obtained from various sources is streamlined for action-ability by TradeXchange. Then it’s delivered to you all in one place.
With TradeXchange Newsdesk you’ll receive real-time streaming news, including insider and company filings, unusual options activity, and smart filtered social media news. You also receive real-time economic data, macroeconomic news, geopolitical info, and technical analysis.
Table of Contents
TradeXchange Review Introduction
We’ve seen it played out over and over again. Traders stand by breathlessly, waiting for the latest earnings report or a speech from the Fed Chairman.
Then, more often than not, significant market moves promptly follow these announcements. Staying on top of the news is a vital aspect of stock trading.
And the sooner you get the news, the better. You can’t trade in the dark. For this reason, every trading platform worth its salt includes a news feed.
Of course, information overload is the opposite end of the spectrum. You’ve got your bells-and-whistles platform with the monster news feed. But you’ve got tasks like backtesting and analytics to do.
You can’t spend all day sifting through the news. A streamlined solution is to sign up for a news service. One that keeps you updated on the latest developments without bogging you down with too much.
News affects trading a lot. Hence, there is a need for stock scanners and watch lists like a penny stocks list or bitcoin stocks. You want the stocks that run.
Hence, the importance of finding news. Good news can make stocks fun.
TradeXchange Squawk Audio
Squawk Audio is real-time streaming audio alerts of the news across your TX NewsDesk. It’s handy since it frees you up to do something else while listening to the news. So you can multitask while receiving information about the markets, like, for example, highlighted volatility alerts. Utilizing some audio feed while trading is a good idea, or you could miss some pretty important news events.
TradeXchange Calendar
The TX Calendar lists newsworthy upcoming events and announcements, like company earnings reports. You don’t need a subscription to view the calendar. You can see the calendar and bookmark it for easy reference.
The weekly calendar. It has pretty sweet and simple color-coded sections, making it easy to follow week after week.
I like the calendar. It’s well-organized and color-coded without being messy. Therefore, it’s easy to zero in on what you want. If you need more details on any event, click on the item.
A window will pop up with more information. The calendar also offers another option. For example, maybe you aren’t interested in every category on the calendar.
Maybe you only want to view events associated with stocks. If so, then at the top, you’ll find color-coded tabs. One says, “Stocks.” Click on it, and everything except stock-related events filters out of the calendar. Look at the top stock trading companies to add to your basket of knowledge.
COMPANY | |||
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DESCRIPTION | Trade Ideas provides powerful tools like real-time market scanning, AI-driven trade signals, customizable alerts, advanced charting capabilities, and time-saving data visualization | Barchart.com is the leading provider of real-time or delayed intraday stock and commodities charts and quotes. Track and analyze your investments and keep tabs on your portfolio | FinViz is an online stock screening, research, and visualization platform that offers various trading tools on a single platform. Solid scanner for traders or investors |
HIGHLIGHTS | Trade smarter • Trade faster • Ease of use • Artificial intelligence • Real-time scanning • Customizable Trade Ideas > | Real-time quotes • Equities scanner • Ease of use • Track your investments • Analyze portfolio Barchart > | Stock screener • Powerful research tool • Heat map • Ease of use • Financial visualizations Finviz > |
Daily Analytics
Markets may close, but they never really sleep. A lot happens after hours. Therefore, TradeXchange provides news that occurred pre- and post-market in an easily digestible format.
Check out our live trading room, where we talk about the news in real-time and provide live commentary and mentoring on the markets. Take our online trading courses so you know how to trade the news.
Morning Mash-Up
Every day at 8:30 am EST, subscribers receive the Morning Mash-Up. A summary of events and what’s happening prepares you for the trading day. At the top, you’ll find the Economic Calendar, followed by the Fed speaker schedule. Knowing when those fed speakers are speaking is KEY.
Just watch how the market reacts to their comments to understand why.
A column features the Pre-Market Data on the Dow Jones, S&P500, and NASDAQ, as well as Commodities, Currencies, and major market sectors.
The report includes company-specific meetings, SEC filings, syndicate information, analyst activity, overnight press releases, and headlines.
To view a Morning Mash Up report sample, check the image below. These reports are very handy and get right down to business with the most important data you need to know before you start your day.
TradeXchange Fees and Pricing Review
- Here are TradeXchange’s fees and pricing:
- Monthly: $44.95.
- Semi-Annual: $249.95/6-months.
- Annual: $449.95/year.
Market Wrap-Up
Every day at 5:00 pm EST, subscribers receive the Market Wrap-Up. It includes a post-market version of the type of information included in the Morning Mash-Up.
Additionally, it provides a daily recap, top gainers and losers, social media and desk chatter, and options activity.
Mobile Access
TradeXchange offers a mobile app for both Apple and Android devices. Therefore, you can access your NewsDesk and Squawk Audio alerts from anywhere.
TradeXchange offers three subscription options for access to the TX NewsDesk and Squawk Audio alerts:
- Monthly – Currently, the subscription costs $44.95 and includes everything you get in the larger subscriptions.
- Semi-Annual – This subscription costs $249.95 every six months and saves you $19.75 off the monthly renewal cost.
- Annual – The annual subscription costs $449.95 annually and saves you $89.45 off the monthly renewal price.
TradeXchange membership includes Daily Market Analytics. However, you can get Daily Market Analytics for $5.99 monthly.
Additionally, at this time, TradeXchange offers a referral program. If you refer a friend, then your friend gets 20% off the first-month subscription, and you get $20.
Final Thoughts: TradeXchange Review
Many of the stock market’s technical analysts ignore the news. And I have met a few that succeed without attention to any news. Price action is all that matters to them.
However, study successful day traders and so-called scalpers working for proprietary firms. You’ll find that most use news and services like TradeXchange to substantiate their daily trading plans.
Frequently Asked Questions
Investors cannot purchase shares of TradeXchange because the company is privately held.