Finbox.io is an online stock research platform designed for individual investors and asset managers who care about understanding a stock’s fundamental value.
Have you been trading for a while, but it always seems like you cannot get hold of enough information? Well, I was in the situation. I would be investing without some basic data, which affected the way I was trading.
On the other hand, any platform that I could find to supply this information was too expensive or out of reach. I did not want to see a large portion of my capital being wasted in high membership fees!
That is how I found Finbox, a screening stock toolkit that is cheap, efficient, and offers so many different features in the package!
Since then, I could notice that I was making smarter investments and deals, my money was going further, and I started to learn more about this world. If you are looking for an honest review, keep reading on!
Here you will find the benefits, features, and yes, the areas of improvements of the platform.
Who Is Finbox for?
Have you been looking for a toolkit that can supply enough data for you to undertake better investments?
Have you been struggling to find a platform that does not require extremely high membership fees?
Are you in need of guidance or new ideas to improve your trading skills?
The Finbox toolkit will help you refine your investing abilities by supplying enough information and data to make better decisions. The platform will help you create templates and suggest investment plans for you to become a smarter investor.
If you have been looking for guidance, but you are not willing to pay high membership fees, try this platform out!
What Is Finbox?
Finbox is a toolkit that focuses on supplying fundamental and quantitative analysis of stocks. The platform serves as a stock market portfolio research and management instrument to help traders improve their investing skills.
While this toolkit has the power of supplying an enormous amount of data, its design is intuitive and relatively simple. The refined machine learning formulas and algorithms are what organizes the data we need in optimized and well-presented statistics.
The platform gets updated continuously, and over 100,000 models’ value estimates are refreshed per day. It offers an up-to-date incredible amount of fundamental information that can help you make more conscious investing decisions.
The “How-To Guide” And “Classroom”
You don’t have to be an expert to be able to use all the incredible functions of this app. I was not sure myself in the beginning, but, with some commitment, you can learn all the tricks of this toolkit.
On the “how-to guide” section, you will not only learn about the basic features of the app and how to make the most out of them, but also the best practices that will make your investments go further.
Finbox created this section quite smartly and added a Classroom feature: you will have access to YouTube videos and tutorials regarding every aspect of the platform. These are also backed up by an extensive but clear explanation of every aspect of Finbox.
For me, this is one of the bestselling points of this platform. There are other options on the market, but they often reveal hidden costs or extremely high membership fees.
However, Finbox offers a package for all new members for the first month. At the cost of $1, you will be able to tray the platform for 30 days. If you decide to cancel at some point during this trial period, your $1 will be returned to you.
After the first month, the membership is upgraded to $39 a month. It is incredibly cheap for the services and information offered by the platform. Moreover, you will be able to purchase Quarterly or Annual packages for much cheaper ($25 per month).
Basic Features Offered by Finbox
1. Stock Screener
The stock screener features allow investors to filter, search, and find appropriate investment opportunities. The stock’s information and statistics are displayed in a clean and easy to read manner.
Each stock’s data regarding upside potential, valuation multiples, and forecasts help traders find high-quality assets.
Through the basic membership offered by Finbox, you will be able to search stocks by “rating,” “popular,” “economics,” or “financial.”
However, by upgrading it to the Premium membership, you will be able to visualize the “risk” and “forecast” statistics as well.
This feature is completely customizable. You will be able to create your watch list based on the suggestion offered by the app or from other portfolios you might have.
You can also import shares from the platform’s “ideas” tab. It is a great way to keep an eye on exciting investment opportunities and maintain everything under control.
“Ideas” is one of the few unique features offered by Finbox. It works together with your watchlist to have all of your investment opportunities and plans at hand. Here you can create new stock trading ideas and find portfolios through the search bar.
Moreover, you have decided which investment idea to take up; you can move it into your watchlist and start working from there! The stocks’ information panels also offer data regarding size, dividend growth, rankings, fair value, and performance.
The platform offers financial models’ templates, and they can be modified and downloaded as you prefer. Moreover, you can create your custom model by using the Excel add-ons and Google spreadsheets.
These custom-made spreadsheets can be updated automatically with live feeds and data. It makes sure that your template runs on the latest data, and you will not need to insert the information manually.
Some of the models offered by the platforms are Discounted Cash Flow (DCF), Dividend Discount Model (DDM), Earnings Power Value (EPV), Financial Ratio Analysis, Return on Equity (ROE) analysis.
5. Data explorer
The data explorer feature boasted by Finbox allows you to examine all data regarding any stocks. There are instructions on how to read and use the different metrics and help you compare the different opportunities.
The API access is one of the best features for anybody on the Premium membership. If you are a developer, you will be able to access all the information that enter and exit the valuation models and charts. It means that you can build a finance app based on the raw data or an investing algorithm.
Each profile is furnished with a unique API key that you can use for authentication when entering the portal. In this way, you will have direct access to estimates, models, and value that you can introduce in your investing strategy.
Pros and Cons
- Priced at $39 a month, this toolkit is incredibly cheap.
- It is an excellent tool for any investor looking at trading in a smarter way.
- Features such as “ideas” and “toolkit” provide fundamental stock analysis.
- The information offered for each stock is extensive, which is great.
- The data explorer and API access make this platform an important tool for anybody in search of all the information regarding a stock.
- The app is incredibly intuitive and easy to read, which makes it easy to use.
- The financial model templates types are currently reasonably limited
- The app is designed mainly for more knowledgeable traders
- The support provided is not great yet
The Finbox toolkit is one of the most extensive out there, and it is also very affordable. Since the first month does not require significant investments on your part, everybody should try it!
Have you been looking for a cheap stock screener for your long-term investments? Check this one out!
Blake is a self-made online day trader with a knack for adventure. On his free time, he loves reading and learning new methods in the trading as well as improving his jiu-jitsu skills. He currently resides in New York City.