42 Best Stock Market Software in 2021

What is the Stock Market Software?

Stock market software is critical for not just trading or undertaking an analysis of the stock market but also investing in financial products such as futures, currencies or stocks that help reap better profits. Brokerage firms can benefit significantly with the buy sell signal software for the stock market.  

Stock market software can surely improve one’s performance in the market in the following ways:

• Stock market simulation in real-time can help learn how one can adapt to different market fluctuations.
• Test trading strategies by backtesting while using the historical data of the stock market.
• Designing an investing plan or stock trading.

Most Common Features of Stock Market Software

1. Platform Compatibility: This online trading platform as a popular stock charting software is compatible with all operating systems. A number of online trading software providers also offer web-based services that enable day traders to stay connected regardless of the time and place.

2. Trial Version: Different intra-day trading software solutions provide tools suitable for specific strategies. Therefore, most stock market Software solutions provide a trial version so that traders can pick the one that suits meet their requirements.

3. Prediction Indicators: One of the elemental features of stock market software is its predictive analysis system, which helps traders estimate the trajectory of price levels. This helps brokerage firms come up with new trading ideas and strategies to improve profitability.

4. Arbitrage Capturing: Most stock analysis software solutions provide tools that help in monitoring the price differences in selling and buying of shares, for arbitrage capturing. This is important to ensure risk-free profit for your clients.

5. Calculative Model-Based Application: For applying calculated trading strategies, stock market software solutions support model-based mathematical models that help with the quick and easy calculation. It also helps with intelligent capturing of price differences for increased profit.

6. Real-Time Quotes for Prices: Access in real-time for getting prices and quotes for different assets like derivatives, currency and equity. Having in-depth information from leading financial markets on fingertips is always a plus.

7. Charts: Use these charts for performing a technical analysis of commodities, indices, ETFs, shares, futures and bonds. Important charting techniques include line and bar charts, MACD, indicator studies like moving averages/RSI and candlesticks.

8. Research Tools: Traders can quickly look up information about a company including their latest news, financial metrics, and earnings. One can also access analyst ratings as well as reports. This helps traders make smart buying and selling decisions.

9. Automated Trading: Automated trading allows traders to establish set and specific rules for both the entry and exits of trade. After they are programmed, they are automatically executed with the help of a computer.

10. Paper Trading: Paper trading is a trading process in which beginner investors can invest without committing any real money. This is done by manipulating investment positions and imaginary money that behave in a similar manner as the real market does.

11. Technical Analysis: Statistical trends can be identified with the software’s technical analysis tools. Past performance can also be used for predicting a stock market’s future as the software helps with analysing of trading signals and pricing movements.

12. Fundamental Analysis: Fundamental analysis is a method of estimating a stock's real market value. Fundamental analysts look for stocks that are trading at higher or lower prices as compared to the actual value.

Modules of Stock Market Software

1. Predictive Analysis: With shares, a predictive analytics software module, helps trading companies can predict the price rise or dip of stocks of specific corporations. With predictive analysis, traders can figure out when to sell their favourite stock for the best profit.

2. Trading Risk Management: Calculate all risks associated with selling or buying stocks with this trading risk management software. The better the risk management is, the better would be the ability of a business/individual to take advantage of available trading opportunities.

3. Audit Management: The stock market audit management software module helps in the automation of audit-based functions. It helps organize the workflow and collaborate on audit compilation. This is important to organize the workflow.

4. Investment Management: This trading investment management software module provides management assistance in financial processes related to stock transactions and recordkeeping. You can devise short-term and long-term strategies to upgrade your stock portfolio.

5. Strategy Testing: Different strategies can be tested across various domains and fields to see which one is the best suited at that point in time. The testing approach is quite effective in making profitable stock market decisions.

6. Report Management: Reports in the form of charts and bars are readily available to understand and scan the current scenario of the market. Brokers get the data they need to make the right decisions and ensure outstanding client service.

7. Query Analysis: Analyze whatever queries one has with the help of stock market software. With the help of its advanced analysis, traders get deep insights into their queries.

8. Index Analysis: Index of a stock is a measurement of a particular section of the stock market. It is calculated from the prices of stocks. This is used by investors to describe the market as well as compare the return on investments.

9. Tracking Stock Buying & Selling: Enter trades into the software for tracking stocks. Sale and purchase of stocks is also easy with stock market software.

10. Market Summary: The analytics in the stock software contains the market summary as well. This helps in accumulating knowledge about the market before acting on the existing stocks.

5 Advantages / Benefits of Stock Market Software

1. Flexibility: Stock market software is customizable as well as flexible. Stock market software allows its users to change their charts, sector lines, resistance lines, and indicators. You can also schedule a variety of tasks and perform buying, selling and analysis uninterruptedly.

2. Cross-Platform: Stock market software makes watching and managing trades a hassle-free process. This is necessary to keep a competitive edge. The best part is cross-platform support that makes it easier for traders to get good deals.

3. Streamlined Procedures: Processes in the stock market are streamlined with the help of stock market management software. The process which is usually done manually can now be automated with stock market software.

4. Better Financial Analysis: The financial analysis helps examine the key financial information of a company. This includes data from their annual as well as quarterly reports. Traders and investors base their purchase of stock on a company’s growth potential. Since manually doing this process would take too much time, stock market software was developed to automate everything.

5. Better Technical Analysis: Technical analysis can automatically identify trading opportunities with the help of statistical trends. It uses past performances to predict the behaviour of the stock market for the future. One can analyse patterns of trading signals and price movements.

Best Stock Market Software For Beginners

Stock market software’s simple interface comes handy for managing workflows and are useful for day traders and stockbrokers. Here are some of the best stock trading software for beginners:

• Forex Trading Software
• TD Ameritrade
• E-trade
• Fidelity
• Lightspeed is the best web & mobile platform for stock trading software
• Investar pro
• NinjaTrader
• Edelweiss

Trading Software for MAC

• Protrader
• Avatrade
• Day-Trading Software
• MacHow2
• MT4