ChartMill vs MarketSmith (2026) — Which Is Better?
Compare ChartMill and MarketSmith — features, pricing, pros and cons.
Quick Verdict
Higher Rated
ChartMill (4.2)
More Affordable
MarketSmith ($149.95/mo)
ChartMill
★★★★☆ 4.2/5
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.
From: Free
Full review →
MarketSmith
★★★★☆ 4.2/5
IBD's research platform for growth stock investing with CAN SLIM methodology, pattern recognition, and institutional sponsorship tracking.
From: $149.95/mo
Full review →
Feature Comparison
| Feature | ChartMill | MarketSmith |
|---|---|---|
| Rating | ★ 4.2 | ★ 4.2 |
| Starting Price | Free | $149.95/mo |
| Free Tier | Yes | No |
| Markets | stocks, etfs | stocks |
| 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
MarketSmith: Pros & Cons
Pros
- + CAN SLIM methodology is proven over decades
- + Proprietary ratings simplify stock selection
- + Automatic chart pattern recognition
- + Institutional sponsorship tracking
Cons
- - Very expensive at $149.95/month
- - Only useful for CAN SLIM and growth investing
- - US stocks only
- - Steep learning curve for the methodology
Explore More
Try ChartMill
Visit ChartMill →Try MarketSmith
Visit MarketSmith →Also Compare
Affiliate Disclosure: Some links on this page may be affiliate links. If you sign up through our links, we may earn a commission at no extra cost to you.