ChartMill vs Scanz (2026) — Which Is Better?
Compare ChartMill and Scanz — features, pricing, pros and cons.
Quick Verdict
Higher Rated
ChartMill (4.2)
More Affordable
Scanz ($169/mo)
ChartMill
ChartMill is a Belgium-based stock screener with 180+ filters, proprietary trend and value indicators, and 263 pre-built strategies for US, Canadian, and European markets.
Scanz
Professional real-time stock scanner with 100+ filters, best-in-class news streaming, and Level II data — all bundled into one all-inclusive plan for active day traders.
Our Analysis
ChartMill and Scanz serve fundamentally different trader profiles. ChartMill is a free-to-low-cost screener designed for exploratory traders and portfolio managers who value breadth—180+ filters, 263 pre-built strategies, and rare multi-market coverage (US, Canada, Europe) create an educational sandbox. Scanz is a premium real-time platform ($169/month) built exclusively for active day traders who need raw speed, market depth, and continuous news flow to execute intraday strategies.
ChartMill's standout advantage is accessibility combined with unique proprietary indicators (Value, Trend, Weinstein) and comprehensive filter libraries that democratize stock discovery. Scanz's edge is its all-inclusive real-time package—100+ news sources, Level II data, pre-market/after-hours scanning, and dollar volume metrics—eliminating the need for separate subscriptions. ChartMill sacrifices speed (15-minute delay kills day trading) and lacks backtesting rigor; Scanz offers no backtesting at all and lacks a mobile app or API.
ChartMill fits swing traders, position traders, strategy learners, and investors managing diversified portfolios across multiple regions. Its free tier makes it ideal for testing before committing. Scanz suits active day traders executing high-frequency alerts and news-driven scalps within US markets who justify $2,000+ annual costs through daily volume. Choose ChartMill for strategic research; choose Scanz for tactical execution.
Feature Comparison
| Feature | ChartMill | Scanz |
|---|---|---|
| Rating | ★ 4.2 | ★ 4.1 |
| Starting Price | Free | $169/mo |
| Free Tier | Yes | No |
| Markets | stocks, etfs | stocks, etfs |
| AI Analysis | ✗ | ✗ |
| Backtesting | ✓ | ✗ |
| Paper Trading | ✗ | ✗ |
| Price Alerts | ✓ | ✓ |
| Mobile App | ✗ | ✗ |
| API Access | ✗ | ✗ |
| Social Features | ✗ | ✗ |
| Broker Integration | ✗ | ✓ |
| Custom Indicators | ✗ | ✓ |
| Automated Trading | ✗ | ✗ |
| Trade Journaling | ✗ | ✗ |
| Performance Analytics | ✓ | ✗ |
| Risk Management | ✗ | ✗ |
| News Feed | ✓ | ✓ |
| Education Content | ✓ | ✗ |
ChartMill: Pros & Cons
Pros
- + 180+ filters combining technical, fundamental, and descriptive criteria in one screener
- + 263 pre-built Trading Ideas strategies make onboarding easy for beginners
- + Proprietary Value, Trend, and Weinstein indicators offer unique stock rating systems
- + Covers US, Canadian, and European markets — rare among stock screeners
- + Affordable pricing with a generous free tier for exploratory use
Cons
- - 15-minute data delay on all plans makes it unsuitable for day trading
- - Charting and drawing tools are basic compared to TradingView or TC2000
- - Stocks and ETFs only — no forex, crypto, futures, or options support
- - Backtesting is limited and not suitable for systematic strategy development
Scanz: Pros & Cons
Pros
- + Extremely fast real-time scanning with pre-market and after-hours coverage
- + Best-in-class news scanner aggregating 100+ sources including SEC filings
- + Level I and Level II data bundled — no add-on fees
- + All-inclusive single plan eliminates confusing tier upgrades
- + Unique dollar volume data not offered by most competitors
Cons
- - Expensive at $169/month with a strict no-refund policy
- - No backtesting capability — significant gap for strategy development
- - No mobile app and no API access
- - US equities only — no options, futures, forex, or crypto