Scanz Review: Hands-On 58-Point Test, Ratings & Verdict

Scanz is designed to enable day traders of all experience levels to scan the entire stock market for short-term trading opportunities.

With real-time news and Level I/II exchange data, it is worth considering as a tool of choice.

Test Results & Ratings

I think Scanz is worth it for day traders who need real-time news events, LII data, and dollar volume surge data. Scanz is solid, reliable stock market scanning software worth trying.

Test	Tier	Score	Average
Composite Lab Performance Score	A	4.21	4.21
Pricing Index: $ per Day	B	$5.40	$2.74
Value Score (VP)	C	2.20	2.82
Speed & Ease of Use	AA	4.67	4.50
Chart Analysis Depth Index	B	3.17	3.17
Chart Pattern Depth & Accuracy	C	2.60	2.73
Scanning Performance	B	3.58	3.38
Backtesting Performance	C	0.00	3.38
Trading Bot & Auto-Trading Reliability	C	2.50	2.50
AI & Algo Index	C	1.50	2.00
Alert Speed	A	4.00	3.67
Trade Signal Quality	C	0.00	0.00
Broker Connectivity & Ecosystem Depth	C	2.40	1.55
Portfolio Tool Performance	C	2.00	2.80
Financial News Speed & Depth	AAA	5.00	2.30
Community Utility Index (CUI)	C	2.75	3.25
Support Infrastructure & SLA Audit	B	3.75	3.75

Tested using Trading Tools Benchmarks v.3, 2026
Full Scan Lab Test: Scanz Lab Test Review: 58-Point Benchmark & Audit

Pros

✔ Powerful Built-in Technical Stock Scanning

✔ Broker Integration For Trading

✔ Well-organized Real-time News Engine

✔ Very Easy To Use + LII Data

✔ Dollar Volume Live Streaming

✔ Price, Liquidity, and Technical Filters

Cons

✘ Higher Than Average Price

✘ No Social Community

✘ No Backtesting

Try Scanz ➝

Scanz is designed for US day traders, offering unique Level I/II real-time pricing and real-time news scanning for a single monthly price of $199. Real-time SEC filings and market scanning are included, enabling you to trade in response to news events effectively. Scanz is a solid product offering, and although the price tag might seem high, you get a lot for your money.

I recommend Scanz for day traders who want a simple, slick workflow, real-time streaming charts, news, unique Level II data, dollar-volume information, and broker integration.

Having access to real-time, comprehensive, and customizable scanning tools is essential for identifying profitable trading opportunities. Scanz is designed for day traders and offers a wide range of features. Let’s delve into what makes this software a worthy addition to your trading toolkit.

Key Features

What is Scanz?

Scanz is a financial analysis and trading platform designed for US day traders. It offers advanced charting and market scanning tools, real-time Level I/II data and news, SEC filings, direct broker integration, dollar volume metrics, and more. This package helps you make informed market decisions, maximizing profits while minimizing risk.

Scanz can scan and screen the entire US stock market in real time, enabling traders to identify short-term technical trading opportunities.

Compare to Similar Products

In our comparison of Scanz to TrendSpider, TradingView, MetaStock, and Trade Ideas, our tests show that TrendSpider is the best overall stock analysis software, passing 10/12 tests. For automated stock chart analysis, backtesting, and automated bot trading, TrendSpider is our top pick. TradingView is better for a global trading community. Stock Rover is better than Scanz for long-term growth, dividend, and value investors. For AI-driven robotic day trading, Trade Ideas is the better option. For real-time news trading, Benzinga Pro is a cheaper alternative.

Key Benefits

1. Real-Time Scanning: The scanner shines with its ability to scan the market in real time from 4:00 a.m. to 8:00 p.m. EST. This broad time range allows users to capture market movements throughout the trading day.
2. Customizable Scans: The software allows users to create custom scans based on specific rules and variables, delivering personalized results aligned with their trading strategies.
3. Preconfigured Scans: With over 70 preconfigured scans, users can quickly start scanning without setting up their own parameters. This feature is especially beneficial for beginners still learning about market indicators.
4. Price, Liquidity, and Technical Filters: The software offers a range of filters, allowing users to narrow their search by price, liquidity, and technical factors. These include, but are not limited to, Last Price, Volume, Moving Averages, and MACD.
5. Fundamental Filters: The software also includes a comprehensive list of fundamental variables, such as Financials, Market Capitalization, and Short Data. This helps users thoroughly analyze a company’s financial health before making investment decisions.
6. Scan by Market and Stock Types: This feature allows users to scan specific markets or stock types. Whether you’re interested in Nasdaq-listed stocks, ETFs, or foreign stocks, this software has you covered.
7. Auto-Sorting/Ranking: This feature lets users quickly identify stocks with the highest volatility and liquidity, saving valuable time in decision-making.
8. Powerful Data Columns: The software retains the data columns configured for a particular scan, making subsequent scans highly relevant and personalized.

Beyond these key features, the Scan Software provides real-time news and SEC filings, streaming charts, level 1 and 2 data, chart indicators and drawing tools, notifications, and integration with popular brokers for seamless trading.

Pricing & Software

The $89 Starter plan gives you the core Scanz experience—real-time U.S. market data, scanning, Level II, news, and SEC filings—for $110 less per month than the Pro plan. After testing Scanz extensively, I think Starter is the obvious place for most traders to begin.

But serious day traders may still find that Pro’s unlimited scanners, alerts, desktop software, and multi-monitor support justify the substantial price increase.

Real-time news and exchange data are included; these benefits are critical for day traders. Data speeds are excellent, and it has excellent US data coverage, including Over-The-Counter markets (OTC: BB, OTCQX, OTCQB, OTCPINK, GREY).

Scanz Pricing Plans & Discounts: Which Plan Is Best?.

Trading

Scanz has “Chart Montage” functionality, enabling an ultra-powerful way to trade charts. This single window contains a wealth of critical trading information, including real-time streaming news and Level 2 data, including time and sales. Also, Scanz is the only software that provides dollar-volume data.

Scanz integrates with your broker to enable trading directly from the charts, saving you time. Broker integration is enabled for Schwab and Interactive Brokers, two of the brokerage world’s powerhouses, and more are planned.

Scanning

Scanz offers many technical and fundamental filters for screening. But what is the key for day traders? With the ability to scan entire markets for liquidity and volume patterns to identify volatility, you can trade profitably. This functionality makes Scanz a unique offering.

The screen capture below shows how flexible and powerful the scanning is. No coding is required; simply select your markets and scanning rules.

In this screenshot, I demonstrate how to filter a scan on % institutional ownership; other options are insiders or float.

Real-time News

This year, the deal news section in Scanz is at the top and worth mentioning. I like the simple implementation; you can get the lowdown on contracts and deals between companies. Quantifying the deal’s impact on the company’s bottom line can give you an edge.

Only three products can offer true real-time news at a price point that will not break the bank: Scanz, Benzinga Pro, and MetaStock R/T.

Charting

Scanz does not offer as many chart patterns or chart indicators as MetaStock or TradingView, but it does not have to. Most traders use only 5% of the available indicators, and fortunately, Scanz covers all the important ones. The power here is in the technical analysis screening, which is fast, seamless, and flexible.

Backtesting

Scanz is not designed for backtesting, which is a shame, especially at this price point. But it is designed to help you streamline your day trading system. Plenty of off-the-shelf technical and liquidity scans will greet you when you open the program. The great thing is, they all operate in real time, so they keep updating.

Ease of Use

In the development process, Scanz has opted to keep everything on the surface simple and intuitive. However, don’t be fooled by the streamlined interface’s power; with a few clicks, you can view Level II liquidity data and buy directly from the charts.

I have been extremely impressed with the progress Scanz is making with its product and in carving out its day-trader niche.

Scanz is highly recommended for its ease of use, excellent real-time news management, and extremely powerful scanning. Add to this the broker integration options with Interactive Brokers and Schwab, and you have a robust package.

Is Scanz Worth It?

I think Scanz is worth it for day traders who need real-time news events, LII data, and dollar volume surge data. Scanz is solid, reliable stock market scanning software worth trying.

Summary

Scanz uniquely offers Level I/II streaming price, volume, and dollar volume data, fast real-time news, and SEC filings scanning. Also, it offers fast news scanning, including SEC filings, which is excellent.

Whether you’re a beginner or an experienced trader, Scan Software’s wide range of features and real-time data access can enhance your ability to identify profitable trading opportunities. Thus, it’s worth considering as a valuable addition to your trading toolkit.

Bear in mind that while this software offers robust capabilities, it’s crucial to complement its use with sound trading strategies and risk management practices, as no tool can guarantee success in the inherently risky stock market.

Scanz is limited in its scope, missing backtesting and social features.