Atom Finance is a Brooklyn-based funding analysis platform. It has a wealth of knowledge, assets and evaluation for institutional and retail traders. This platform goals to be an alternative choice to Bloomberg.
Atom gives customers costly data and analysis at a really inexpensive worth. You’ll be able to create two sorts of accounts: the fundamental account is free and the premium prices $9.99/month. This text covers the options of Fundamental and Premium accounts.
Atom Finance: The Fundamentals
Atom Finance means that you can observe all of your investments in a single place. You may also hyperlink your brokerage accounts. After that you’ll obtain all unique worth alerts, market briefings and way more.
It additionally means that you can hyperlink your brokerage accounts to the platform and think about returns, trades, holdings and extra. It additionally means that you can examine real-time P&Ls and your portfolio statistics, that means you may observe the main points of your favourite corporations.
This characteristic permits all merchants viewing this platform to entry all information associated to their portfolios in a single place.
Atom Finance’s most important aim is to create an autonomous platform that gives its customers entry to high quality analysis and assets. This platform supplies you with detailed data on the corporate’s financial situation, valuation metrics and consensus estimates.
There’s additionally information, occasions, SEC filings and transcripts to assist merchants make sensible and well-informed selections. It additionally offers you detailed market and inventory experiences. When you have entry to a premium account, you may entry real-time worth adjustments and feedback.
The essential concept of this platform is to create financial fashions with out having to make use of every other software program. It means you get immense profit for individuals who do not perceive the markets. The platform can be free for personal traders.
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The 4 most essential financial capabilities of Atom
To enhance the consumer expertise and preserve issues easy, Atom Finance has made itself a spot with fundamental options that gives you the perfect data at no or low worth. So let’s dive into the totally different options.
sandbox
Do you want financial fashions? If that’s the case, you had been the audience when creating this perform. Utilizing this characteristic, you may populate on the spot financial fashions with consensus projections.
The beauty of this characteristic is that you may management the information with out worrying about formulation. The necessity to export information has been fully eliminated. You need to use Sandbox to investigate or predict the value relying on the scenario.
The fashions change routinely in keeping with market adjustments. General, Sandbox saves time and places you accountable for your investments.
firm comparability
This characteristic means that you can analyze the efficiency of two or extra corporations, together with inventory costs and share motion. Nevertheless, this characteristic lacks instruments like TipRanks as the information on this platform remains to be restricted.
Utilizing visible comparability strategies isn’t excellent for rapidly analyzing information. Additionally, in case you have created a watchlist on Sandbox, it’s not transferrable to this characteristic. Resulting from these limitations, the customers may be discouraged from utilizing this platform.
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information
You need to use this characteristic to see how your investments have carried out. The information contains details about corporations and industries you comply with that routinely seems in your feed. You may also customise the feed based mostly in your pursuits.
You’ve gotten entry to a wide range of information resembling Bloomberg and MarketWatch. There have been assets from the interior press and Reuters. Since information is not a core characteristic, you need to use further assets like Yahoo Finance for verification.
Brokerage integration
Utilizing a third-party service like Plaid, Atom Finance means that you can hook up with brokers who can solely view your portfolio. Plaid brings collectively information from totally different sources and offers you entry to buyer information from financial establishments and brokerage companies.
You’ll be able to allow this selection by deciding on the “Hyperlink to Broker” possibility. Login and Plaid offer you entry to any data you wish to entry. This lets you observe your investments on a single interface.
How can I open an account with Atom Finance?
You’ll be able to both obtain the app out of your respective app shops or enroll on the website. Registration is straightforward and solely takes a restricted quantity of time. Simply ensure that to confirm your electronic mail deal with to get full entry to the platform.
After you log in for the primary time, pop-up notifications will seem with an in depth abstract of the options obtainable to you. There’s additionally a guided tour of the positioning.
Is Atom Finance secure?
It’s a free service obtainable to any investor who wants it. There isn’t a method so that you can lose your cash. Your information stays secure because of trusted third-party supplier Plaid. It really works to make sure every little thing is secure and safe.
Atom Finance takes privateness very critically. Additionally they inform you in case your information has been shared with somebody exterior the platform. All shared information has a restricted use.
Benefits and downsides
The professionals and cons lists are very simple to grasp and hopefully enable you determine if that is the useful resource. The professionals are:
- Free and simple to make use of
- Has real-time information
- Has financing fashions that will help you.
- Trouble-free sign-up
The disadvantages are:
- Restricted company information and information.
- Customer support isn’t 100% dependable
The ultimate outcome
If you wish to make investments out there, you want entry to essentially the most up-to-date data, whatever the quantity of the inventory you wish to purchase. Sadly, simply having one platform to get your data isn’t sufficient.
You may get data from a number of sources freely built-in on one platform, making it excellent for skilled investor analysis. This app could be a really perfect funding to achieve entry to distinctive options whereas ready for Atom+.