> > Seeking Alpha vs. Benzinga Pro 2024: Which Service Is Better?

Seeking Alpha vs. Benzinga Pro 2024: Which Service Is Better?

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If you’re looking for a powerful stock screener, Seeking Alpha and Benzinga Pro ought to be on your list. These two companies offer fantastic market research tools, but each was crafted with a specific type of investor in mind.

In this Seeking Alpha vs. Benzinga Pro comparison, we’ll pit these two market research titans head-to-head. We’ll compare the pros, cons, and features of each company to help you decide which option is best for your needs.

Seeking AlphaBenzinga Pro
Our Rating

4.0

4.1

In A NutshellSeeking Alpha is one of the largest crowd-sourced content platforms for financial markets in the world. Seeking Alpha is free to use, but they also offer premium services for a monthly subscription.Benzinga Pro is a subscription-based financial news and research platform. They provide access to newsfeeds, real-time alerts, sentiment indicators, watchlist, a community chat and more.
Our ReviewFull Seeking Alpha ReviewFull Benzinga Pro Review

Seeking Alpha vs. Benzinga Pro: Overview

When it comes to market research tools, Seeking Alpha and Benzinga Pro are among the most popular services in the industry. Let’s take a closer look at each company to start our comparison.

About Seeking Alpha

Seeking Alpha is a market research company that was established in 2004 by David Jackson, a former financial analyst. The firm is now one of the world’s largest financial research companies and it boasts more than 10 million registered users.

To help investors make the most of their portfolios, Seeking Alpha offers several subscription services. Each subscription provides different features, but most include access to stock screeners, thousands of independent opinion articles, and other helpful research tools. Read our full Seeking Alpha review to learn more.

Seeking Alpha Homepage
Source: Seeking Alpha

About Benzinga Pro

Benzinga is a stock market research and news platform that was founded in 2010 by Jason Raznick. The company’s premium subscription service, Benzinga Pro, is a popular way for investors to research the latest market trends.

With Benzinga Pro, investors can access a variety of research tools, such as stock screeners and independent analyst ratings. Benzinga Pro also comes with a social community so you can share ideas with other like-minded traders. Read our full Benzinga Pro review to learn more.


Seeking Alpha vs. Benzinga Pro: How Do They Work?

Benzinga Pro and Seeking Alpha are both subscription-based platforms. This is what you need to know about how each company works before you sign up.

Seeking Alpha

Traders interested in using Seeking Alpha first need to sign up for an account. You can make an account on the company’s website by creating your log-in credentials and paying for your subscription plan.

After your subscription is up and running, you can navigate to your Seeking Alpha dashboard. Here, you can sign up for the company’s financial newsletters, research your next investment opportunities, and use the company’s portfolio management tools.

Benzinga Pro

Benzinga Pro is also a subscription-based platform. If you want to use Benzinga Pro, you need to head to the company’s website, sign up for an account, and pay for a subscription plan.

Once you set up your account, you can start to use all of the features that come with your subscription. For example, you can set up customizable stock news alerts, connect with other investors in dedicated chat rooms, and research potential investments using the company’s stock screeners and scanners.

Benzinga Pro Homepage
Source: Benzinga Pro

Seeking Alpha vs. Benzinga Pro: Main Features

When you subscribe to either Seeking Alpha or Benzinga Pro, you unlock a host of market research features. Here’s an overview of the main features you can expect from each company.

Seeking AlphaBenzinga Pro
Our ServiceInvesting Community, Newsletters, Stock Research, Ratings, Scanners, and MoreStock Screener, Trade Signals, Newsfeed Access, Real-Time Alerts, Watchlists, Chatroom and more
Pricing$0/month (Basic), $19.99/month (Premium) and $69.99/month (PRO)$0 (Free), $27/month (Basic), $177/month (Essential) and $347/year (Options Mentorship)
PlansBasic, Premium and PROFree, Basic, Essential and Options Mentorship
Mobile AppsiOS and AndroidNone
PromotionsSeeking Alpha Basic (Free to join) and Seeking Alpha Premium (7 day free trial & 50% off)Save 35% Off Monthly (**Use code WALLET35)
Best ForIntermediate-to-advanced data driven investorsIntermediate and experienced investors that wants access to all the latest market news and data

Seeking Alpha

Seeking Alpha currently offers three subscription plans for investors to choose from, including:

  • Basic – Seeking Alpha Basic is a free subscription plan that comes with limited access to the company’s tools. Subscribers to this plan can read blog articles, sign up for newsletters, link brokerage accounts, get personalized stock news updates, and access five years of corporate financial statements.
  • Premium – When you sign up for Seeking Alpha Premium, you get everything in the Basic plan plus access to full company financials, stock screeners, and enhanced stock metrics. 
  • Pro – With Seeking Alpha Pro, you can access all Premium features plus exclusive newsletters, an advertisement-free dashboard, a VIP concierge service, and the PRO investing ideas screener.

The Seeking Alpha subscription plan that you sign up for will dictate which features you have access to in your account. Popular Seeking Alpha features include:

  • Portfolio Management – All subscribers can link their brokerage accounts to their Seeking Alpha dashboard for easy portfolio management and personalized news alerts.
  • Investing Ideas – Seeking Alpha has a slew of tools that help you find new investing ideas. This includes newsletters and thousands of analyst blogs, plus stock screeners and stock ideas lists. Note that most of these features require a Pro or Premium subscription.
  • Market Research – With Seeking Alpha, you get various market research tools like a stock comparison feature, unique stock ranking metrics, company financials, and earnings forecasts. Keep in mind that most of these features require a Premium or Pro subscription plan.
  • Marketplace – Every Seeking Alpha account holder can access the firm’s marketplace where independent financial experts offer additional investing services, such as exclusive chat rooms, special webinars, and premium newsletters. However, most of these services require an extra fee on top of your subscription plan.
  • Educational Resources – All Seeking Alpha account holders can access the company’s extensive library of educational resources. This includes hundreds of videos and podcasts as well as informational articles to help you learn more about investing.
Seeking Alpha Portfolio
Source: Seeking Alpha

Benzinga Pro

When you sign up for a Benzinga Pro account, you have three subscription packages to choose from:

  • Basic – Benzinga Pro’s entry-level subscription package, the Basic plan, includes features such as Movers, Scanners, Watchlists, Calendars, Newsfeeds, and Stock Alerts. That said, a Basic plan only provides you with Nasdaq Basic delayed price quotes.
  • Essential – The Essential plan from Benzinga Pro includes everything that you get with the Basic plan plus Audio Squawk, Newsdesk chat, Signals, and Nasdaq Basic real-time quotes.
  • Options Mentorship – For investors interested in options trading, Benzinga Pro offers an Options Mentorship package. This includes all the features of an Essential plan as well as the Options Activity Add-On, It also comes with trading mentorship, a dedicated chat room, and regular market overview sessions with experienced investor Nic Chahine.

Benzinga Pro offers a smorgasbord of features for investors to enjoy. Some of the company’s most powerful features include:

  • Stock News Alerts & Newsfeed – All subscribers can create customizable real-time market news alerts. You can also create a real-time newsfeed that gives you a stream of market updates from top news outlets.
  • Stock Calendars – Benzinga Pro’s Stock Calendars give you a quick overview of upcoming important events, such as IPOs, mergers, and stock splits, which could affect assets in your portfolio or watchlists.
  • Chat Room – With Benzinga Pro’s Chat Room, all subscribers get convenient access to an investing-themed social network. Options mentorship subscribers also have access to an exclusive channel with investing guru Nic Chahine.
  • Stock Screener & Scanner – The Benzinga Pro Stock Screener is a powerful way for Essential and Options Mentorship subscribers to quickly find potential investment opportunities using fundamental stats or technical metrics. Basic plan subscribers can also use the company’s user-friendly Scanner feature to find new investments.
  • Watchlists – All subscribers to Benzinga Pro can create customizable watchlists. Although you can’t link your brokerage account to the platform, you can manually add your assets to a watchlist and get breaking news alerts for your stocks.
  • Signals – Signals is a premium feature for Essential and Options Mentorship subscribers that offers real-time notifications about major market events, such as block trades and price spikes. Options Mentorship subscribers also get access to options trading-related notifications with Signals.
  • Movers – Every Benzinga Pro subscriber gets access to Movers, which helps you quickly identify the biggest gainers and losers on the market in real-time.
  • Audio Squawk – Audio Squawk is one of Benzinga Pro’s more unique features. It’s available for Essential and Options Mentorship subscribers and it provides real-time audio news broadcasts about market trends during each business day.

Seeking Alpha vs. Benzinga Pro: Customer Support

Should you have an issue with your Benzinga Pro or Seeking Alpha subscription, it’s important that you can get the help you need. Here’s what you can expect customer service-wise from each company.

Seeking Alpha

Seeking Alpha’s customer support is provided through the company’s online help pages. If you have an issue with the Seeking Alpha website, you can report it on the firm’s feedback forum. Account-holders can access email and phone-based support with Seeking Alpha, but only for subscription-related concerns.

Benzinga Pro

With Benzinga Pro, subscribers can get answers to most common questions in the firm’s online FAQs pages. Benzinga Pro also offers email-based and live chat support to all account holders.

Benzinga Pro Alerts
Source: Benzinga Pro

Seeking Alpha vs. Benzinga Pro: Pricing

Investors that want to use Seeking Alpha or Benzinga Pro need to sign up for a subscription plan. Let’s take a closer look at each company’s pricing tiers for their subscription packages.

Seeking Alpha

Seeking Alpha currently offers three plan options for investors to choose from:

  • Basic – Free
  • Premium – $29.99 monthly or $239 annually
  • Pro – $69.99 monthly or $499 annually

Keep in mind that you can get a sizable discount on your Seeking Alpha Pro or Premium subscription by paying annually rather than monthly.

Benzinga Pro

All of Benzinga Pro’s services require a paid subscription package. Benzinga Pro offers three plan options for investors:

  • Basic – $99 monthly or $948 annually
  • Essential – $177 monthly or $1,404 annually
  • Options Mentorship – $347 monthly or $3372 annually

As is the case with Seeking Alpha, you can get a large discount with Benzinga Pro if you pay for your plan on an annual rather than monthly basis.


Seeking Alpha vs. Benzinga Pro: Promotions

Both Benzinga Pro and Seeking Alpha offer promotional deals to new subscribers. Here’s what you need to know about these promotions.

Seeking Alpha

To help you decide if Seeking Alpha is the right option for you, the company offers a 7day free trial & 50% off of its Premium subscription. You must enter your payment information to begin your free trial, but you won’t be charged until the trial period ends.

Seeking Alpha Screener
Source: Seeking Alpha

Benzinga Pro

Benzinga Pro also offers a 14-day free trial to all new subscribers. You need to enter your credit card details when activating your trial, though your payment won’t be processed until your 14 days are over.


Seeking Alpha vs. Benzinga Pro: Platform and App

User-friendliness is key with any market research tool. In this section, we’ll take a closer look at the functionality of Benzinga Pro and Seeking Alpha’s platforms.

Seeking Alpha

Seeking Alpha subscribers can access their account features either online or in a desktop or mobile app.

The company’s mobile apps are highly rated on both iOS and Android. Most users find that these apps are very easy to navigate. Meanwhile, Seeking Alpha’s website and desktop app are both user-friendly, though you can expect a slight learning curve with the firm’s stock screener tool.

Benzinga Pro

Benzinga Pro is exclusively a web-based platform. All of the company’s features are available on the Benzinga Pro website, which is fairly easy to navigate. But some of the company’s more advanced screener tools can be a bit overwhelming for first-time users.

Note that Benzinga does have a mobile app for both iOS and Android. But these apps don’t let you use all of the features that come with Benzinga Pro as they primarily provide access to the company’s news articles.

Benzinga Pro Signals
Source: Benzinga Pro

Seeking Alpha vs. Benzinga Pro: Reviews

Before you sign up for a stock screener subscription, it’s worth checking out what other users have to say about their experiences. This is what other investors think about Benzinga Pro and Seeking Alpha.

Seeking Alpha

Seeking Alpha generally gets positive feedback from its users. The company’s Trustpilot page has a rating of more than 4 stars, though this is based on a small number of reviews.

Most positive reviews about Seeking Alpha mention that the firm’s customer service team is relatively quick to respond to subscription concerns. Others state that they appreciate the wide variety of authors and opinions available on the platform.

The only major concern that reviews had was that the number of emails you get from the company’s newsletters can be overwhelming. But you can easily unsubscribe to newsletters if they’re not right for you.

Benzinga Pro

Benzinga Pro also had mostly positive reviews from investors. It currently has a rating of more than four stars out of hundreds of reviews on Trustpilot.

Satisfied reviewers of Benzinga Pro frequently comment on the sheer number of tools and features that come with your subscription. Many other investors mention that they appreciate the company’s built-in social network.

However, the biggest issue that many investors have with Benzinga Pro is the price of its subscription plans. Many users say that the cost of these subscriptions is a bit high unless you’re a full-time day trader or serious investor.


Seeking Alpha vs. Benzinga Pro: What We Like (Pros)

Whether you sign up for Benzinga Pro or Seeking Alpha, both firms offer plenty of features for investors. Here are some of the things we appreciate about each company.

Seeking Alpha

  • Offers a free Basic subscription package
  • Subscription fees are more affordable
  • One of the world’s largest online investing communities
  • Provides access to thousands of analyst opinion articles
  • Convenient portfolio management tools
  • Top-notch stock screener tools
  • Easy access to financial and technical information for stocks
  • Offers stock analysis metrics to help guide your research
Seeking Alpha Ratings
Source: Seeking Alpha

Benzinga Pro

  • Provides real-time news alerts about market events
  • Offers a built-in social network for investors
  • Platform is fully customizable to meet your investing needs
  • Dedicated subscription plan available for options traders
  • Includes powerful stock screener and scanner tools
  • Supports customizable watchlists and news alerts
  • Email and live-chat-based customer support available

Seeking Alpha vs. Benzinga Pro: What We Don’t Like (Cons)

Even though Benzinga Pro and Seeking Alpha are two popular market research tools, there are aspects of both companies that leave us wanting. These are some of the drawbacks of each subscription service.

Seeking Alpha

  • Free Basic plan offers very limited services
  • Stock screener interface is fairly complicated
  • Marketplace services require an additional fee
  • Customer support team is only available for subscription concerns

Benzinga Pro

  • Subscription plans are very expensive
  • Real-time market quotes aren’t available on the Basic plan
  • Doesn’t let you integrate your brokerage account
  • Platform can be a bit confusing for first-time users
Benzinga Pro Watchlist
Source: Benzinga Pro

Who Is Seeking Alpha For?

Seeking Alpha is a market research tool that’s best for intermediate and experienced traders that want a stock screener without a hefty price tag. The company’s huge selection of opinion articles and its built-in portfolio management tool also make it a good option for investors that want a one-stop-shop for all their trading needs.

That said, Seeking Alpha doesn’t provide nearly as many market analysis features as Benzinga Pro and its stock screeners are less customizable. But if you’re limited by your budget and the amount of time you have to spend on stock research, it’s hard to go wrong with Seeking Alpha.

In A Nutshell

  • Service: Investing community, newsletters, stock research, ratings, scanners, and more
  • Pricing: $0/month (Basic), $19.99/month (Premium), and $69.99/month (PRO)
  • Promotion: Free to join (Basic) and 7-day free trial & 50% off (Premium)
Seeking Alpha

on Seeking Alpha’s website


Who Is Benzinga Pro For?

Benzinga Pro is designed for more advanced investors that are serious about doing market research. The platform provides real-time market news and data all in one place and it offers one of the most powerful and customizable stock screeners available.

But the downsides of Benzinga Pro are its price and the complexity of its more advanced trading tools. Therefore, Benzinga Pro is best for investors that have the experience and time necessary to make the most of what the company has to offer.

In A Nutshell

  • Service: Stock Screener, Trade Signals, Newsfeed Access, Real-Time Alerts, Watchlists, Chatroom, and more
  • Pricing: $27/month (Basic), $177/month (Essential), $347/year (Options Mentorship)
  • Promotion: 14-day trial (*Get 35% off monthly use code: WALLET35)
Benzinga Pro

on Benzinga’s website


FAQs About Seeking Alpha vs. Benzinga Pro

Here are our answers to some of your most commonly asked questions about Seeking Alpha and Benzinga Pro.

Which Premium Subscription Offers the Best Value?

Benzinga Pro and Seeking Alpha both offer quality services to their subscribers and neither is inherently a better value. Seeking Alpha is the more affordable option, but Benzinga Pro comes with more features. If keeping costs low is critical, Seeking Alpha is likely the better choice. But for a more comprehensive research platform, consider Benzinga Pro.

Do These Services Offer a Free Trial?

Both Benzinga Pro and Seeking Alpha offer 14-day free trials to help you decide if their services are right for your investing needs.

Are These Services Good for Beginners?

Seeking Alpha and Benzinga Pro are both designed for experienced traders, so they’re not ideal for beginners. But if you’re new to investing and want to use one of these stock screener tools, Seeking Alpha is arguably more beginner-friendly.


Final Thoughts

At the end of the day, it’s clear that Seeking Alpha and Benzinga Pro are some of the best stock screener tools in the industry.

If you’re a trader that’s looking for the most powerful market research tools available and you’re okay with spending a bit more, Benzinga Pro might be your best option. Alternatively, if you don’t have that much time to spend on research and you want to keep costs low, consider Seeking Alpha instead.

But regardless of whether you choose Seeking Alpha or Benzinga Pro, what’s important is that you get the right stock screening service for your trading style.

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