If you are on the hunt for a high-quality, low-priced stock analytics subscription, Atom Finance may be the answer. The company fills an essential need in the marketplace by providing individual investors with the information to make the right decisions when managing their portfolios.
Several no-fee trading apps make buying and selling stocks a breeze, even if you are new to the investing (or day trading) scene. Getting the information you need to make wise decisions isn’t so easy. Atom Finance aims to democratize the investing advice space by offering high-quality investment advice and data in an accessible format.
With the right tools, it’s not that tough to outperform many funds by choosing your investments. Unless you have a lot of time to dedicate to research and analysis, building your stock portfolio from scratch can be a daunting task.
Atom Finance aims to make the information you need about stocks accessible, even if you are on a budget or can’t stomach spending thousands on stock research from the experts. This subscription allows members access to investment recommendations from experts with an excellent track record of choosing stocks that perform well.
What is Atom Finance?
Atom Finance, based in Brooklyn, is a fintech firm formed in 2018. The company recently raised $12.6 million. CEO Eric Shoykhet intends to build a high-quality investment research platform that beats the competition. Atom Finance wants to offer modern investment research tools via an easily accessible platform. The company is well-known for providing deep research, data, and thorough analysis to retail and institutional investors.
Atom wants to be Bloomberg’s free alternative. Bloomberg’s terminal service subscription is more than $20,000 per year and available only to institutional investors. Atom Finance offers individual investors information that may cost thousands on other platforms. They have a basic free account and a premium option that costs just $9.99 each month. Some of the features discussed here are available only to premium tier members.
Just as Charles Schwab leveled the playing field by offering zero commissions on stock trades in 2018, Atom Finance wants to make institutional-grade stock advice easily accessible for the average person interested in the stock market.
What Information Can I Find on the Atom Finance Website?
You can set up a free membership on the Atom Finance website and track all your investments on their convenient platform. You can even link brokerage accounts to see trades, returns, and holdings. Your portfolio statistics will display real-time profit and losses while you keep an eye on your favorite companies. Atom Finance offers users exclusive price alerts and market briefings, as well.
Even if you aren’t looking for advice about which stocks to buy, you can access events, SEC filings, curated news, transcripts, valuation metrics, general finance information, and consensus estimates for a company.
Premium subscribers get access to price change insights and commentary about stock price movements. If you prefer to test your theories about how a stock may perform before investing, you can create financial models without using spreadsheets.
The X-Ray tool allows curious investors to dig into a company’s data and history. The Sandbox lets investors model future company performance and challenging financial scenarios. This tool is ideal for investors who would rather spend their time deciding how to invest than creating spreadsheets.
Atom Finance App
Atom Finanance’s app lets you easily track currencies, commodities, stocks, and bonds. You can easily set alerts for stocks you want to watch closely. Simply set up your watch list to receive live quotes and a myriad of data. Atom Finance offers users immediate access to crucial market-related breaking information.
How to Buy Investment Advice Wisely
There’s no shortage of stock picking and market data advice newsletters at nearly every price point. As an investor, you have access to more raw data via a simple internet search than ever. Even the most intelligent investors may find it challenging to analyze and evaluate all of that data to make timely decisions about which investments are keepers, which to sell, and which up-and-coming companies deserve attention.
Advice reserved for institutional investors is locked behind paywalls that everyday investors find prohibitively expensive. Atom Finance provides the types of advanced data and tools used by the most successful accredited and institutional investors.
You can get a lot of good information from free services like Google Finance and Yahoo Finance, but that information may not be as in-depth as you need it to be. A subscription to CapIQ or Bloomberg can be prohibitively expensive for new or budget-conscious investors.
Atom Finance is an investment research platform that’s both useful and accessible. You can trade stocks on fee-free platforms. Atom Finance offers a fee-free way to track your portfolio, discuss your progress with other investors, track your portfolio, and break down the latest news updates for you.
Details About Atom Finance’s Subscription Services
There are just two options for those interested in seeing what Atom Finance has to offer first hand. You can choose between the basic plan and the premium plan. The basic plan is fee-free. You’ll have 30 days to try out the premium service and if you like it, the fee is $9.99 per month.
Atom Finance Basic Subscription
You can join Atom Finance for free. With the basic subscription, you won’t pay a monthly fee to access some of the news and research you need to make intelligent decisions about your investment strategy.
With the basic subscription, you’ll get institutional-grade breaking news and alerts. You’ll also get market briefings three times each day, including major macro updates, market events, and corporate news.
Real-time stock quotes for all public U.S. companies and historical company financials are also available to subscribers choosing the basic package.
With Atom Finance’s account aggregation feature, you can manually input or link your investment accounts to see all of your positions in one place, even across multiple accounts.
A rich set of research tools include the stock screener, which allows investors to screen for companies using multiple metrics such as growth rates, margins, and valuation metrics in real-time.
You can create hubs that allow investors to compare companies by assembling custom watchlists that include the most up-to-date company data, documents, and news.
The chat function allows Atom Finance’s basic subscribers to receive feedback on their investments and talk over the latest news in real-time.
The basic subscription gives you a dashboard with a home screen showing recent activity in the S&P 500, Nasdaq, Russell 2K, and Dow. You’ll see any accounts you add into the “My Portfolio” tab on the homepage, as well. There’s a news feed that can be customized to your interests. You’ll see the most recent three news briefs in another section.
View organized stock activity reports by trending, winners, losers, and My Stocks. The My Documents section shows investor presentations, event transcripts, and SEC filings for companies on your watch list or investments list. If you prefer to see how a sector is performing overall, you can find that information at the bottom of the home page.
How to Sign Up for Atom Finance Basic Subscription
You can join Atom Finance and access everything included with a basic subscription by visiting the Atom Finance website. The signup form requires your name and email. You’ll set up a username and password to allow continued access to the site.
As soon as you complete the quick signup process, you can follow stocks by searching the Atom Financial database. After building your watch list, the site will take you to a pop-up menu encouraging you to upgrade the premium service and offering a free 30-day trial. During your first 30 days, you’ll have full access to every feature that premium members get with a paid subscription. If you don’t want to upgrade, you can simply click the “X” in the upper right-hand corner of the box.
Atom Finance Premium Subscription
Here’s what you get with a $9.99 per month subscription to Atom Finance’s premium tier of services:
Premium Research and News
- Breaking news and alerts: Institutional-grade alerts.
- Daily market briefings: 3x daily briefings including corporate news, major macro updates, and market events.
- Price change explanations
- Analyst commentary
- Equity research summaries
- Price target updates
Premium Company and Stock Data
- Real time stock quotes
- Historical company financials
- Unlimited analyst forecasts and estimates
- Unlimited investor documents
- Unlimited institutional investor holdings: Data from 13F/D/G.
- Unlimited ETF and mutual fund holdings
- Premium KPIs: no-GAAP operating KPIs and company metrics from filings and presentations.
- Account aggregation: Manually input or link your investment accounts so you can track your investments on a single platform.
- Mock accounts: Simulated positions to create mock accounts with up-to-date cash deposits, trades, and withdrawals.
- Fund look through: See all underlying holdings of mutual funds and ETFs in your personal portfolio
Core Research Features
- Stock screener: Use dozens of metrics like growth rates, margins, and valuation metrics to screen for companies.
- Hubs: Compare and track companies on your custom watchlist.
- Chat: Group chats where you can discuss the latest news with other investors.
- X-ray document search and alerts: Search across multiple documents and receive email alerts for your saved searches.
- Sandbox: Create automatically refreshing financial models with up-to-date analyst estimates or self-designed inputs.
- Excel export: Download data into Excel for simple financial modeling
How to Sign Up for Atom Finance Premium Subscription
You can sign up for the Atom Finance premium subscription by creating an account to get access to Atom Finance’s free services. After completing the signup process, you’ll have a month to evaluate the platform’s premium subscription. You’ll see the pop-up box inviting you to try the premium tier at no charge for 30 days. If you enjoy the service, do nothing, and your card will be charged $9.99 on the 30 day anniversary and every 30 days after until you decide to cancel.
Atom Finance Pros and Cons
As with all stock picking subscriptions, Atom Finance’s premium subscription has some distinct pros and cons:
Atom Finance Pros
- Stock market tools and data usually reserved for institutional investors
- Free basic account
- Chat with other investors on the platform
- Well-designed and useful mobile app
- Excellent security
- Brokerage integration to help with portfolio modeling and analysis
- Company financial modeling
- Real time profits and loss
- Desktop access
- iOS and Android mobile apps availability
Atom Finance Cons
- No trading on platform; not a broker
- No live chat
- Newsfeed excludes some of the larger platforms, such as Bloomberg
- No tax modeling
- Zero access to human advisors
- No wealth management services
- No customer service
Is the Atom Finance Premium Subscription Truly A Great Value?
Yes. Atom Finance offers some of the best data and analytics available. While you won’t receive “buy this now” advice, you will get institutional-grade access to the best analytic tools and news alerts to help you make informed decisions about which stocks to buy, hold, or sell.
If you aren’t sure whether the $9.99 per month premium tier is a good use of your money, you can sign up for a free account to access the majority of Atom Finance’s tools for free. Once you become familiar with the app and how it may help you become a better investor, you can try the premium tier for free for 30 days before you decide whether to commit to the $10 per month level.
Is Atom Finance Worth it For New Investors?
Yes. Even new investors benefit from Atom Finance’s suite of free tools. Suppose you are interested in putting money into the stock market as a means by which to make money, but haven’t yet purchased stocks. In that case, you’ll find Atom Finance’s financial modeling especially useful.
Newbies can find the information they need to start making smart investments by checking out any of the investment classes recommended on Investopedia’s 2021 list of best investing courses.
Atom Finance Customer Reviews
Before you make any purchase, it’s wise to look through a company’s customer reviews apart from its customer testimonial page. Check out the Better Business Bureau (BBB), Trustpilot, and Reddit before taking the plunge with any stock-picking or stock advice service.
Atom Finance doesn’t have a presence on Trustpilot, and a search of the BBB site returned zero results.
Atom Finance Stock Advisor Chatter on Reddit
Reddit users can be a spirited bunch, and you may get more than you bargained for when you ask for a review of something they really love or really hate. A thread from two years ago shows that even very early in Atom Finance’s life as a stock research company, users on r/personalfinance were excited about the platform’s potential.
“I just made an account to try it out. It seems pretty useful if you trade stocks and ETFs. It aggregates economic news, has an earnings calendar, and collects SEC filings, so that you don’t have to go searching for it. As for not finding much about them, they are a pretty new company so I wouldn’t expect to find much on them at the moment.”
Users on r/investing also found the Atom Finance’s various tools useful.
I have been using it and really like it! Most of the stuff I can find elsewhere already but the interface is a top class.
I started to get to know about another analysis app Genuine Impact. I find it also interesting and useful. They don’t do any data stuff like Atom but they do some pretty handy analysis on stock factors.
I would recommend using both at the same time. I have also used SWS but now with Atom, I began to use it less often.
Is Atom Finance Safe?
Atom Finance never has direct access to funds in your accounts. They simply provide an all-in-one solution that helps you easily track performance across all of your accounts.
Brokerage Integration Security
Hackers could leak your personal information via the link between your financial institution and any app. So, it’s not just important to understand how an app keeps your data safe; it’s crucial to evaluate the app’s relationships with other platforms.
Atom Finance connects user accounts to their platform using Plaid. The Plaid Portal allows users to control which financial accounts remain connected to apps. You can even delete data stored in the Plaid system.
Plaid’s information security systems meet and exceed industry standards with encryption protocols like the Transport Layer Security (TLS) and Advanced Encryption Standard (AES). Plaid has access to your data through your relationship with Atom Finance, but they won’t sell or rent your personal information to third parties.
Plaid also has a Bug Bounty system to encourage hackers to use their powers for good. So far, Plaid has resolved 54 reports of possible weakness in the security system and paid an average of $150 bounty for each report.
How Atom Finance Uses Personal Information
While Atom Finance may use your information to improve users’ experience on their site, they don’t sell or rent your information to third parties.
When you sign up for Atom Finance, you share certain details about your identity and financial information to facilitate engaging in the platform’s services. For example, Atom Finance collects information such as:
- Contact Information
- Device Information
- Financial Information
- Account Information
- User Content
- Geolocation Information
When you engage with the Atom Finance website or app, cookies record your actions and preferences about how you use the Atom Finance website. You can delete or opt-out of Atom Finance’s cookies, but it may limit your ability to use the site’s features.
Be aware that when you engage with any company on social media, including Atom Finance, the platform (Twitter, Facebook, Instagram, etc.) may use your personal information for various reasons, including targeted advertising.
Is Atom Finance Worth it?
Atom Finance offers some of the best investment research and data at what could be the lowest price among competitors. Whether you are a new or seasoned investor or want to try day trading, this platform offers the information you need to make educated decisions without having to research companies and stocks on your own.
If you decide to try Atom Finance’s free version, you’ll find the information you need to help you make intelligent decisions. Of course, there’s always some amount of risk when you invest. You could lose some (or all) of your money if a stock price goes down and you decide to sell at a loss. A stock-picking subscription is a great time saver when you want help deciding how to invest your money. Atom Finance is among the best, so start with a free account and learn your way around. If you want the features that come with a premium subscription, you should have no problem making back the $10 monthly subscription price by taking Atom Finance’s stock and investment advice.