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Best Stock Scanners For Day Trading


Best Stock Scanners For Day Trading

Day trading? It’s all about finding successful trades. To do that, you need a stock scanner. Here are some of the top ones:

  1. Trade Ideas: An AI-powered scanner with real-time data. It’s award-winning.
  2. StockFetcher: Filter stocks with custom criteria and technical indicators.
  3. Finviz: Get market data, technical analysis, and screeners. Plus it’s affordable.
  4. EquityFeed: Real-time news, filters, and fast trade execution.
  5. Scanz: Scanner with real-time data, custom filters, and mentors.

Use one of these scanners to get the edge! Whether you’re a beginner or pro, it’ll help you make profitable trades.

What is a Stock Scanner

Stock scanners can be a helpful tool for traders! They scan the markets, seeking stocks that meet your criteria, like volatility or a certain trading pattern. With a scanner, you can easily spot trading opportunities that you might have missed. So, what are stock scanners and how can they help you day trade? Let’s find out!

Importance of Stock Scanners for Day Trading

Stock scanners are essential for day traders searching for profitable stock market chances. A scanner is a software that scans exchanges for stocks, using user-defined criteria and regulations.

Benefits of using one:

  • Time-saving: Traders can filter stocks not meeting their criteria, focusing on the best opportunities.
  • Hidden gems: Scanning can help traders find stocks with increased trading volume, price trends, or other hints of improvement.
  • Customizable: Can be adjusted to fit trader’s needs.
  • Removes emotional bias: Objective criteria used to select stocks helps traders make more rational decisions.

Some of the best scanners for day trading include Trade Ideas, Finviz, and TD Ameritrade’s Thinkorswim. Pro Tip: Try out different scanners to find the best fit for your trading style and goals.

Benefits of using a Stock Scanner

Stock scanners are tools used to sort and filter stocks. They help day traders by:

  1. Saving time. Scanning thousands of stocks quickly, and narrowing down the search.
  2. Being accurate. Eliminating bias, and using pre-defined criteria.
  3. Being customizable. Making a personalized watchlist, based on a trader’s specific trading style.
  4. Being consistent. Allowing traders to identify profitable trades more effectively.

Some of the best stock scanners are Trade Ideas, Scan and TOS. Using a stock scanner can help traders improve performance and increase success in the stock market.

Factors to Consider in Choosing the Best Stock Scanner

A stock scanner is a tool that helps day traders spot potential trading chances. There are lots of stock scanners on the market, making it hard to pick the best one for you. Here’s what to look for:

  1. Customization: The perfect stock scanner should let you customize your technical and fundamental criteria to suit your trading style.
  2. Real-time data: Make sure the scanner can give you real-time updates so you can keep up with the market.
  3. User interface: A simple interface makes it effortless for day traders to use the scanner and make informed decisions.
  4. Pricing: Check the price of the tool and see if it fits your budget.

By considering these factors, you can find the best stock scanner for your needs.

Types of Stock Scanners

Stock scanning – options plenty! Each Scanner different features. For example, real-time news and technical analysis. Some better for day trading. Others good for swing trading. In this article, let’s explore the types of stock scanners and what they offer.

High of the Day Momentum Scanners

High of the Day Momentum Scanners is a type of scanner that helps day traders spot stocks with a big price hike in one trading session.

Here are 4 types of stock scanners for day trading:

  1. Volume Scanners: These show stocks with high trading volume, which means they can be easily traded.
  2. Price Action Scanners: These give a clear look at a stock’s price moves.
  3. News Scanners: These keep traders up-to-date on events, reports, and news that affect stock prices.
  4. Fundamental Scanners: These assess financial data to spot undervalued and overvalued stocks.

With these stock scanners, day traders can make smart decisions and find profitable trades.

Pro Tip: Test your scanner before using it in the live market to know its advantages and limits.

News Catalyst Scanners

News catalyst scanners are a type of stock scanner used by day traders. It helps them search for stocks in real-time which could experience price movements due to news events.

Four of the best news catalyst scanners are:

  1. Benzinga Pro – Fast news feed and real-time alerts. Covers a wide range of markets, including cryptocurrencies, futures, and forex.
  2. Trade Ideas Pro – Uses AI and ML to identify potential trades. Offers real-time news alerts and customizable filters.
  3. Bloomberg Terminal – Expensive but gives traders access to global news, real-time market data, and analysis tools.
  4. Finviz Elite – Offers screening and filtering tools, plus a news feed with latest articles, SEC filings, and earnings releases.

Before picking a news catalyst scanner, consider your trading strategy, the assets you trade, and how you plan to use it.

Lower Float Scanners

Float scanners are a type of stock scanner day traders use to find stocks with a low number of shares available for trading. These are the top lower float scanners for day trading:

  • Trade Ideas: Offers advanced scanning tools, including float scanning, for high-speed traders.
  • Finviz Elite: Famous for real-time data and advanced filters, including float scanning.
  • StocksToTrade: Helps find trade opportunities by monitoring factors such as low float stocks.
  • EquityFeed: Offers real-time newsfeed and scanning tools for day traders to identify low float opportunities.

In the end, the best scanner depends on needs and experience as a day trader. Try out different ones and decide which works best for your trading style.

Best Stock Scanners for Day Trading

Stock scanners are useful for traders. They help narrow the search, so you don’t have to spend time looking for the best stocks. Here’s a look at some of the top stock scanners for day trading. They can help you decide which stocks are worth investing in!

Trade Ideas

Day traders require the correct tools to make wise choices. Stock scanners are one of the most vital. Here are the best for day trading:

  • Trade Ideas – a well-known stock scanner for day traders. It has a real-time AI-powered stock scanner to spot profitable trades.
  • Finviz – a strong stock screener to filter stocks based on price, volume, and market capitalization.
  • Scanz – a stock scanning and charting platform to find and study trading opportunities in real-time. It also has a personalized scanner plus real-time news alerts.
  • TradeStation – an all-inclusive trading platform with stock scanner, technical analysis tools, and real-time market data.
  • EquityFeed – a streaming market data platform with robust stock scanner and real-time news alerts.

These stock scanners help day traders locate potential trades quickly and effectively.

Features of Trade Ideas Stock Scanner

Trade Ideas Stock Scanner is one of the top stock scanners for day traders. It stands out due to its amazing features, such as:

  • Artificial Intelligence that uses machine learning algorithms to analyze market history.
  • Real-Time Scanning to monitor the market and alert traders of potential profits.
  • Simple Interface that’s easy to navigate and customize.
  • Advanced Filters to identify trading opportunities based on technical indicators and social sentiment.
  • Backtesting capabilities for assessing trading strategies.

These features make Trade Ideas Stock Scanner a must-have for day traders who want an edge. Pro Tip: Always backtest your strategies before you execute them in the market.

Benefits of using Trade Ideas for Day Trading

Trade Ideas for day trading can give traders an edge. Here’s how:

  1. Real-time scanning: Quickly spot opportunities with Trade Ideas’ scanners.
  2. Customizable alerts: Get notified when prices move or when there’s a spike in volume.

Trade Ideas helps traders make smarter decisions and increase profit. Pro tip: Test out different scanning and alert settings to find the best fit.


StocksToTrade is the perfect tool for day traders. It helps you identify the best stocks to trade, monitor market activity, and stay up-to-date with the latest news and trends. It features:

  • Pre-set scans tailored to different trading strategies, such as momentum, gap up/down and volume surges.
  • Detailed stock charts with technical indicators, price alerts, and news feeds.
  • Real-time data and Level 2 quotes to track market activity and make informed trades.
  • Paper trading simulator to practice without risking money.

It’s great for both beginners and experienced traders. StocksToTrade will help you find profitable trading opportunities.

Features of StocksToTrade

StocksToTrade is a powerful tool for day traders. It has features to help you analyze, track, and make profitable trades.

The features include:

  1. Scanners so you can quickly sort through thousands of stocks by criteria like trading volume, price, and RSI.
  2. Real-time news alerts on companies, stocks, SEC filings, press releases, and social media.
  3. Charting tools with tech indicators to view stocks in different time frames and find trade chances.
  4. Integrated broker and order routing to place orders directly from the platform.

StocksToTrade makes it easier and more profitable for day traders to select, monitor, and trade stocks.

Benefits of using StocksToTrade for Day Trading

StocksToTrade is an amazing software platform for day traders. It offers specialized features to help with efficient trading and profitable decision-making. Here are two benefits of using StocksToTrade:

  1. Professional Stock Screeners: StocksToTrade has advanced stock screeners. Traders can filter and monitor stocks using criteria like volatility, liquidity, news and social media activity. This helps in recognizing great trading opportunities quickly. It’s one of the best stock scanners for day trading.
  2. Advanced Charting and Trading Tools: StocksToTrade has advanced charting and trading tools. These include technical indicators, real-time data and news feeds. This helps traders make informed decisions quickly. Plus, there are pre-built trading strategies like HOD, LOD, VWAP, Trendlines, etc. These help traders save time and improve their trading success rate.

Overall, StocksToTrade is a powerful trading platform. It can take your day trading to the next level with its remarkable features and functionalities.


Finviz is a popular, powerful stock screener that gives real-time stock quotes, charts and market analysis. Its easy to use interface enables finding stocks that meet trading criteria. Such as: volume, price, market capitalization and technical indicators.

The heatmap visually shows how stocks are performing. The screener filters thousands of stocks according to desired criteria. Finviz also provides news alerts, insider trading data and earnings release dates.

The free version offers access to most features. The paid version has more advanced capabilities. Such as real-time data and backtesting.

Features of Finviz Stock Scanner

Finviz stock scanner is a top choice for day traders due to its features! These features give a comprehensive view of the stock market, aiding traders in making informed decisions. Here are some of the features:

  1. Real-time stock alerts: Keep up to date on market changes & stock price fluctuations.
  2. Advanced charting options: Customizable charts to identify trends and patterns.
  3. Technical analysis tools: Analyze stock charts using various indicators & patterns.
  4. Fundamental analysis tools: Get an overview of the financial health of listed companies.
  5. User-friendly interface: Easy-to-use interface for novice and experienced traders.

Finviz stock scanner gives traders a ton of info to help them find trading opportunities and make data-driven decisions.

Benefits of using Finviz for Day Trading

Finviz is a renowned stock scanner for day traders. It offers lots of benefits, helping them locate trading opportunities quickly and easily. Here are two of those benefits:

  1. Real-time Data: Finviz furnishes current stock data. This allows traders to make sound decisions quickly, and capture market trends as they appear.
  2. Wide Coverage: Finviz covers many markets, like stocks, futures, and Forex. Traders can utilize one platform to watch different markets and find trading possibilities across different asset classes. Plus, Finviz offers numerous filters and customizable screens to help traders narrow down their search.

If you’re an amateur or experienced trader, using a stock scanner like Finviz can be useful to simplify your trading process and increase your chances of success.

Free Stock Scanners for Day Trading

Day trading is buying and selling stocks in one day. Finding the right stocks to trade is essential for success. A stock scanner can help you do this quickly. Luckily, free stock scanners for day traders exist. Let’s explore a few options!

Yahoo Finance Stock Screener

Yahoo Finance Stock Screener is a fabulous tool used by day traders to find profitable stocks to trade. This is how you can use it:

  1. Go to Yahoo Finance website and click on “Stock Screener” tab.
  2. Pick criteria like market cap, price, volume, and sector.
  3. Set the parameters for each criterion.
  4. Click “Screen” to generate a list of stocks.
  5. Analyze the stocks to find the best ones for day trading based on your strategy and risk management plan.

The Yahoo Finance Stock Screener will help save time & effort, meaning you can focus on day trading activities!

Features of Yahoo Finance Stock Screener

The Yahoo Finance Stock Screener comes with helpful features for day traders seeking stock scanners. Features include:

  1. Search fields – Customize search criteria like market capitalization, average volume, and price.
  2. Predefined screens – Filter stocks by performance or set criteria.
  3. Interactive chart – View the stock’s performance and analyze entry points.
  4. News stories – Read news articles related to that particular stock.

These features can benefit day traders, helping them find stocks that fit their trading tactics.

Benefits of using Yahoo Finance Stock Screener

Yahoo Finance Stock Screener is a great tool for day traders! Here are the two key benefits:

  1. Customization: You can easily customize your search to fit the exact criteria for your trading strategies. For example, you can filter by market capitalization, industry, P/E ratio, dividend yield, and more.
  2. User-Friendly Interface: This platform is designed to help you find stocks quickly and make informed decisions based on real-time data. It’s free, and the filters are customizable.

Fidelity Active Trader Pro

Fidelity Active Trader Pro is an awesome trading tool. It gives free stock scanners for day trading, making it a great choice for active traders seeking to get the most out of their profits.

Here are some of the top stock scanners accessible on Fidelity Active Trader Pro:

  1. Top Gainers/Losers: This scanner shows stocks that have gained or lost a lot of value.
  2. Unusual Volume: This scanner identifies stocks with peculiar trading volumes in comparison to their average volume. It could be a hint of market-moving news or activities.
  3. Moving Averages: This scanner helps traders spot trends in the stock’s price by looking at their moving averages over different intervals.
  4. Relative Strength Index (RSI): This scanner gauges a stock’s current and past strength and weakness in relation to the market. It can help traders figure out overbought or oversold stocks.

These stock scanners give valuable insights into market activity. They help traders make better decisions about when to buy or sell.

Features of Fidelity Active Trader Pro

Fidelity Active Trader Pro is an awesome trading platform that has plenty of features to help day traders. One of them is the free stock scanner, which helps to find the best stocks to trade easily. Plus, it offers:

  • Market data and research from top industry analysts that streams.
  • Dashboards and workspaces which you can customize to suit your style.
  • Advanced charting tools and technical indicators for decisions that are informed.
  • Access to third-party trading signals and social sentiment data.
  • Automated trading by its special scripting language, Active Trader Pro(℠).

Pro tip: Before using Fidelity Active Trader Pro, make use of its educational resources like video tutorials and webinars. That way, you’ll be able to use all of its features properly.

Benefits of using Fidelity Active Trader Pro

Fidelity Active Trader Pro has lots of advantages for active traders, like free stock scanners to help you make decisions while day trading. Here are two big benefits:

  1. Advanced Research: Fidelity Active Trader Pro has a lot of research tools. Real-time quotes, streaming news, analyst reports and charting tools. Plus, Level II quotes. These show real-time bid and ask prices. This aids traders in understanding the market demand and supply.
  2. Free Stock Scanners: Fidelity Active Trader Pro provides free customisable stock scanners for day trading. You can set specific criteria like volume, price, and technical indicators. This saves time and effort, and can show potential risks and opportunities you might have missed.

Pro Tip: Take advantage of Fidelity Active Trader Pro’s customisable interface. Create a workspace that fits your trading style and preferences. This helps you stay organised and focused.


In the end, having the right stock scanner can make a big difference to your day trading strategy. With a stock scanner, you can quickly go through thousands of stocks and find the ones that fit your trading criteria.

Trade Ideas, Finviz, and Scanz are some of the top stock scanners for day trading. They offer features like real-time data and customizable filters. This makes them powerful tools for day trading.

But, remember that a stock scanner is just one tool. To be successful in day trading, you must combine it with risk management strategies, a trading plan, and the ability to act fast and accurately.

Frequently Asked Questions

Q: What are stock scanners for day trading?

A: Stock scanners are tools that help traders find stocks with specific characteristics or criteria that fit their trading strategy.

Q: How do I choose the best stock scanner for day trading?

A: The best stock scanner for day trading depends on your individual trading strategy and needs. Look for scanners that offer customizable filters, real-time data, and user-friendly interfaces.

Q: What are some popular stock scanners for day trading?

A: Some popular stock scanners for day trading include Trade Ideas, Finviz, and Scanz.

Q: Do I need to pay for a stock scanner?

A: While there are free stock scanners available, paid scanners often offer more features and customization options. It is up to you to decide if the investment is worth it for your trading strategy.

Q: Can stock scanners guarantee profits in day trading?

A: No, stock scanners cannot guarantee profits in day trading. They are tools to assist in finding potential trades, but it is up to the trader to execute the trades and manage risk appropriately.

Q: How can I learn more about using stock scanners for day trading?

A: There are many resources available online, including tutorials, webinars, and user communities, that can help you learn more about using stock scanners for day trading.

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