Here, market participants gather to communicate, learn, build highly specialized financial communities and share experiences. The platform allows you to track the current market information and current investor sentiment. At the same time, the information on StockTwits is published by the users themselves, so you cannot be completely sure of its accuracy or reliability.
StockTwits (stocktwits.com) Review 2024
Updated: January 13, 2023
Status: |
Recommended Analytics Platform |
|---|---|
Year of foundation: |
2008 |
Regulation & jurisdiction: |
FINRA, SIPC |
Affiliate program: |
no |
Company Features: |
social network for investors and traders |
General information on the StockTwits company
StockTwits (stocktwits.com) is a social real-time messaging platform for traders and investors from around the world. It allows you to get instant access to professional analysis, news, trading ideas, and market sentiments for trending assets.
The resource belongs to the StockTwits, Inc., holding company, a member of FINRA and SIPC, which includes ST Invest, LLC. It offers investment services and solutions to private traders in the field of securities.
StockTwits is focused on traders and investors trading on the stock exchange. The platform is a professional community whose members share tips and ideas on specific securities or the latest financial market news.
👍 Advantages of StockTwits:
• free access to the information platform from almost any device such as tablets and smartphones;
• possibility for private traders and investors to communicate, share news, tips, and tricks in real-time.
• after authorization and installing the application, you can send messages to other active traders of this broker;
👎 Disadvantages of StockTwits:
• a limited number of useful services and a lack of tools useful to Forex traders;
• lack of modernization or spam and junk mail protection.
StockTwits services
StockTwits isn’t just a social network for communication between investors and traders, but also an information portal full of useful services. The functionality of the desktop and mobile applications is simple and clear and is organized in such a way that each visitor can make the most out of their stay here.
Messages
The primary mission of StockTwits is messaging between resource members. The social feed allows you to share comments and ideas using charts, links, photos, and GIFs, as well as reply to messages, and follow other investors. Effective navigation allows you to find the information you need quickly.
Also, you can:
-
filter messages by links or diagrams, excluding republishing and replies;
-
search for data on trading assets using the "cashtags" (#$cashtags) and own the interpretation of the well-known hashtag. For example, when you enter “$AAPL” in the search line, you will see the market data on Apple securities;
-
block certain undesired messages.
You can filter messages in the feed by the criteria as follows:
| Filter name | Description |
|---|---|
| People | This filter tracks ideas, tips, and advice from specific investors |
| Watchlist | Allows you to track bullish and bearish sentiments for the most popular stocks, indices, commodities, currencies, and cryptocurrencies on the market |
| Suggested | Investment ideas from users you follow and recommended content with information about companies you are interested in |
| Charts | Financial data graphical presentation |
| Trending | Forecasts for trending securities, which are most often discussed by users |
After you install the StockTwits mobile application, you can connect the push notifications of the selected topic.
News
Scanning the site menu will not help you find the news section. However, StockTwits broadcasts a news feed from the Financial Times, Wall Street Journal, and other global financial resources. To be kept up to date on market news:
-
1
click "News” in the search line at the top of any page;
-
2
select interesting news from the drop-down list and follow the news provider's page to find the latest news on the left side;
-
3
if you want to find more information, select "More News";
-
4
after clicking "Read Full Article" the system will redirect you to the resource that published the article and there you can read the entire article.
Also, registration allows you to subscribe to the free Daily Rip newsflash. After subscribing, you’ll receive a daily email with summaries of important events that occurred in the financial world over the past day.
Ratings
The ratings presented on stocktwits.com are based on an internal analysis of information that is published on the resource. They display data about popular and the most discussed assets among StockTwits users, not in the global financial community. Unlike other information channels, the platform does not provide broker ratings.
| Rating name | Information available | Update rate |
|---|---|---|
| Trending | List of the most discussed stocks on the platform with data on price changes in percent | Update rate Every 5 minutes |
| Messages | Top 10 talked around assets during the last 24 hours | Update rate Every hour |
| Watchers | Rating of instruments with the newest observers during the last 24 hours | Update rate Every hour |
| Heatmap | A graphical display that allows you to compare a large number of securities based on their activity and market sentiment | Update rate In real-time, based on these time intervals: 1, 6, 12, 24 hours |
Rooms
Chat rooms have been created for your convenience. Here you can create and moderate your chat room and join other rooms as well. The Room’s owner sets the rules. The StockTwits administration does not interfere with the discussions, does not delete posts or block members who have violated the charter. At the same time, the moderators monitor the threads and mostly disallow derogatory and offensive language, manipulation of opinion, and the spread of spam in the publications. Users cannot distribute investment services or products via rooms.
There are 2 types of chat rooms:
-
Cost-free rooms allow any registered user to become a member by clicking "Join Room" next to the icon;
-
Premium Rooms are paid services that give you access to exclusive content, concepts, and analysis from leading minds in business and finance.
Comparison with other companies
The experts at Traders Union compared the functionality of the StockTwits platform with popular information platforms. The table below shows the results of the analysis for the most useful services and instruments for traders.
| StockTwits | Investing.com | TradingView | Bloomberg | |
|---|---|---|---|---|
| Asset prices |
No |
Yes |
Yes |
Yes |
| Analytics |
No |
Yes |
Yes |
Yes |
| Forex news |
Yes |
Yes |
Yes |
Yes |
| Brokers rating |
No |
Yes |
Yes |
No |
| Extra tools |
No |
Yes |
Yes |
No |
| Promotions and bonuses |
No |
Yes |
No |
No |
| Education |
No |
Yes |
No |
No |
Conclusion.
The functionality and conditions of the StockTwits website are limited compared to its competitors. The platform is focused on stock market investors, so there are practically no services and tools for Forex traders. On the other hand, the resource is popular all over the world, as it allows you to learn from the experience of other investors and share your own best practices and trading strategies.
Detailed review of StockTwits
The StockTwits platform was created in 2008. Its main goal is to unite private investors and traders for communication, training, increasing trading performance, and sharing experience. It is the largest financial social network with over 3 million registered users.
StockTwits streams real-time market data from Xignite and BATS BZX, delivers news, and a heatmap. Over 5 million messages are published on the resource monthly, and the active audience exceeds 3 million people.
StockTwits is the largest social network for investors in the financial markets
StockTwits is a desktop and mobile app with functionality similar to Twitter.
Registered users share short informational messages on a specific asset using so-called #$cashtags. Other members search for important information using various filters and navigation tools. StockTwits prohibits offensive behavior towards others, spamming and posting non-financial information with the #$cashtags. The application menu has been ranked to provide extremely precise and up-to-date information that is directly related to trading.
StockTwits will pre-verify User Content for offensive, obscene or harsh language. At the same time, the site rules prohibit users from publishing materials violating the intellectual property rights of others. The company representatives do not advise on investment strategies or financial products.
Useful StockTwits services:
-
asset heatmap reflects price and trend changes for various financial instruments;
-
real-time market data for the most quoted assets from BATS BZX and Xignite;
-
economic and financial news from world news agencies;
-
Earnings calendar from financial data and news provider Benzinga.
👍 Advantages:
• a platform for communication and exchange of investment ideas between millions of investors and traders;
• all exchange information on the site is well structured which allows you to find the necessary information for further use in your trading strategy quickly;
• you don’t need to pay for a subscription because access to the resources is free and has no time limit.
Instructions on getting started with StockTwits
Register with StockTwits to read news and posts of other traders, as well as to write messages yourself. Enter your email address and create a password, and then confirm the email specified.
Install an application and register if you plan to use the platform via smartphone or other mobile devices. Fill out the registration form on the stocktwits.com website for authorization in the desktop version.
Popular premium paid rooms:
-
E Mini Trade Alerts
Trading signals from Dan Shapiro, an investor with 20 years of investing experience to determine the downside risk when entering a trade and find a certain target level. Every morning the subscriber gets charts for the S&P 500 and once a week can take part in an open forum with Shapiro, who answers questions and gives practical advice on investing;
-
Access A Trader Room
After joining the room, the user gets 7 hours of training with Dan Shapiro. You will get access to Dan's live summary feed and his recommendations based on technical analysis during each trading day. At the end of each trading day, you can watch a video review where the investor analyzes his latest transactions;
-
IBD
Stock market news and analytics, powerful investment products, and educational tools from the American financial edition of Investor's Business Daily. Room members get forecasts for rising stocks, comparative performance ratings, and unique commentary from stock market experts.
StockTwits is not just the world's largest social network for investors. The platform provides participants with useful services, news, and analytics to increase the efficiency of securities trading.
StockTwits affiliate programs
-
StockTwits is a social network and information resource without affiliate programs. Platform members can only get extra income as a result of increased interest in their services and products after placing paid advertising on stocktwits.com.
StockTwits bonuses
There are no bonus programs or financial promotions at StockTwits. However, all users get a bonus in the form of their own clothing store at the site. Here you can order women's and men's baseball caps, hats, T-shirts, sweatshirts, and sweaters with prints and inscriptions on investment topics.
StockTwits store features:
-
5 collections: Throwback, Bullish, $Cashtag, Bitcoin & Cryptos, Stocktwits.
-
You can change the size anytime within 30 days.
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Free returns.
-
Delivery terms: 3-7 days within the USA, 1-3 weeks by international transport companies.
The online store ships merchandise all over the world.
Basics of trading
-
There is no training section on the StockTwits website. The site is designed for traders with slight experience who do not need training. At the same time, visitors to the resource can learn from more experienced investors by following their strategies, recommendations, tips, and ideas.
StockTwits tools
StockTwits provides traders with several tools to increase the quality of trading. After registration, you will have access to the income calendar and heat map. Robinhood clients can link their brokerage account to the StockTwits platform.
Earnings calendar
StockTwits publishes an interactive earnings calendar. It allows you to see information about the companies that are reporting income. This section displays data on the income scheduled for the current week. Reporting companies are listed in descending order of popularity on StockTwits by default.
Calendar options:
-
1
you can sort revenues by date, company name, price, and report data;
-
2
when you click on the security icon, you are redirected to a page with detailed information on the asset;
-
3
when hovering the cursor over a symbol of a trading instrument, the current price and a graph of the price change for the last 5 hours are displayed;
-
4
you can view data for previous weeks.
Robinhood compliance
All Robinhood broker clients can link their accounts to StockTwits. Connecting to this option makes it possible to track your assets portfolio, as well as buy or sell shares. You can only link your Robinhood account to StockTwits in the mobile app. Click "Connect Robinhood” on your smartphone.
Heatmap
StockTwits users can compare a large number of stock and foreign exchange market assets in real-time. A heatmap is a graphical representation that shows the securities’ up-ward movement or costs reduction, which is important when analyzing market sentiment. The map can be customized for a specific time interval. Examples: 1, 6, 12, or 24 hours. The tool is located in the Rankings section.
Stocktwits.com personal account
You can create a StockTwits personal account both on the company's website and in the mobile application. If you decide to use the PC and laptops version:
-
1
Visit stocktwits.com and confirm that you are human. Click "Sign Up" to register.
-
2
Enter your name (in Latin characters) and your email address. Create a login and password. Here you can also subscribe to The Daily Rip newsletter.
-
3
Confirm email: Follow the link in your email. Sometimes the application flashes an error message when first visiting. Enable the VPN option to solve the problem.
Also, in the user's account you can:
Specify the notifications you wish to receive from StockTwits.
Choose a display color and fill out a profile. Enter your personal information, indicate a trading strategy, choose your desired trading assets, select your preferred type of analytics, and enter your level of experience.
Registration of a personal account in the mobile application will be carried out in the same way.
Contacts
Telephone number: |
not indicated |
|---|---|
Email: |
support@stocktwits.com |
Address: |
Stocktwits, Inc., 1001 6th Avenue, 7th Floor New York, NY 10018 |
StockTwits reviews
If you use Twitter you will understand the functionality of the platform in a few minutes. The menu is simple and clear, yet there are multiple filters to search for messages on the topics you desire. Money tags are also very helpful in sorting information to select the most interesting for you. I consider StockTwits to be the best today among financial social networks because it performs communicative tasks perfectly.
Daniel
Richmond
If we compare StockTwits with other news and analytical resources, then it clearly loses. And although everything is extremely simple here, the submission of professional data is still lacking. The disadvantage is that anyone can publish in the feed and there is no moderation here. Also, it can take a lot of time to find really useful data. I periodically review the feed, but I still consider StockTwits as my main information platform.
Mark, professional trader
Oakland
StockTwits is intended for the stock market, so the tools offered for a Forex trader will not be enough. There are no currency quotes, analytics, or broker ratings. The heatmap displays incorrect data. I compared it with maps on other resources, and the StockTwits tool shows some shady numbers. Sure, you can subscribe for free, and this is perhaps the main advantage of the resource. I’ve met some problems even at the moment of registration: I did not receive a letter with a confirmation link to my email address, although I use a popular postal service. I had to start another email. Moreover, you always need to keep the VPN turned on; otherwise, the site throws an error and does not display the feed.
Maxwell, intraday trader
Ohio
An expert’s opinion about StockTwits (stocktwits.com)
The StockTwits platform cannot be recognized as a full-fledged information asset and analytical center. Its main disadvantage is the reliability of the information provided by users. Anyone can write a message just by registering on the site. In their reviews, traders note that the displayed charts and heatmap data are sometimes incorrect.
Nonetheless, the popularity of StockTwits is growing. This is partly because the site still performs its main function well, which is to allow traders from all over the world to communicate and share ideas. Most of its users are investors who trade in the stock market. The tools offered by StockTwits will not be enough to support the demands of active Forex traders.
Michael Richards,
financial analyst
FAQs
Is StockTwits legal?
Many believe that the StockTwits platform violates intellectual property rights by allowing the publishing of data from third-party resources. This is not the case. According to the rules of the site, users who use the information of other people or public sources in their publications are required to refer to the source of information.
Is the StockTwits application free?
Yes. StockTwits mobile apps and desktop versions are free to use. The free subscription does not expire. You can subscribe to paid premium rooms to expand your information field to get extra benefits.
Is StockTwits on Twitter?
No. And although the functionality and visual design of the networks are similar, and both of them use hashtags (StockTwits have #$cashtags), they are still separate sites. Unlike Twitter, StockTwits is a professionally investor-oriented social network, not a place to chat about any topic.
Is the information published on StockTwits reliable?
The StockTwits administration only bans users' posts for insults, obscene language, spam, and advertising. The moderators of the resource do not check the veracity, reliability, and relevance of the information posted.
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Team that worked on the article
Chinmay Soni
Contributor
Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data. He is also an educator in the field of finance and technology.
As an author for Traders Union, he contributes his deep analytical insights on various topics, taking into account various aspects.
Bruce Powers
Contributor
Bruce Powers is an expert trader and technical analyst with over 20 years of experience in Forex, commodities, ETFs, cryptocurrencies and other assets. He is an active trader, technical and fundamental analyst, media commentator, educator and a writer. As an author for Traders Union, he contributes his deep analytical skills, expertise and understanding of the global economy and financial markets to provide market analysis and insights. Powers is also a frequent guest on business TV news shows.
Mirjan Hipolito
Cryptocurrency and stock expert
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO). Mirjan is a cryptocurrency and stock trader. This deep understanding of the finance sector allows her to create informative and engaging content that helps readers easily navigate the complexities of the crypto world.