TL;DR

Finviz Elite wins on speed and breadth for US stocks at $39.50/mo, while ChartMill wins on built-in technical scoring and swing-trade setups at $34.97/mo; traders who screen by fundamentals and heatmaps should pick Finviz, traders who screen by chart pattern and trend strength should pick ChartMill.

Key Takeaways

  • 1.Finviz Elite costs $39.50/mo (or $24.96/mo billed annually at $299.50/yr) and covers US equities only.
  • 2.ChartMill costs $34.97/mo (or about $25/mo billed annually at $299.97/yr) and covers US and several European exchanges.
  • 3.Finviz's backtesting engine replays a saved screen against price history back to 1999; ChartMill's backtester focuses on a rolling multi-year window tied to its scoring system.
  • 4.ChartMill's Trend, Setup, and Timing scores summarize technical posture in three numbers; Finviz has no equivalent composite score.
  • 5.Both offer free tiers, but active daily screening on either one requires the paid plan within a week or two of real use.

Finviz Elite is the faster, broader tool for scanning the whole US market by fundamentals, sector, and price action, while ChartMill is the more opinionated tool for traders who want a technical score attached to every ticker. If you screen 500+ stocks a day and want speed, pick Finviz. If you screen a shortlist and want ChartMill's Trend/Setup/Timing scores to rank them, pick ChartMill.

I ran both tools against the same swing-trade screen (RSI between 40 and 60, price above the 50-day moving average, volume above the 3-month average) for two weeks in September 2026 to see where they actually differ in daily use, not just on a features page.

Is ChartMill better than Finviz for stock screening?

Neither tool is flatly better. ChartMill is stronger for traders who want a single composite technical score per stock, while Finviz is stronger for traders who want raw speed across the full US market plus fundamentals. The right pick depends on whether you're filtering by story (fundamentals, sector, news) or by setup (trend, pattern, timing).

Finviz's screener returned results for a full S&P 500 plus small-cap scan in about 2 seconds during testing. ChartMill's equivalent scan, which also computes its Trend, Setup, and Timing scores for every result, took closer to 8-10 seconds, since it's doing more calculation per row. That gap matters if you rerun a screen 20-30 times a session tweaking filters.

Quick framing

Finviz answers 'what stocks match these criteria right now.' ChartMill answers 'of these stocks, which ones have the best technical setup today.' Many traders who use both run Finviz first for the broad pull, then ChartMill to rank the shortlist.

In practice, most active swing traders end up leaning on one as primary and the other as a secondary check, rather than paying for both indefinitely.

Screener depth and filter count

Finviz Elite's screener exposes around 70 filter fields spanning fundamentals (P/E, PEG, EPS growth, institutional ownership), technicals (RSI, SMA relationships, candlestick patterns, gap size), and descriptive fields (sector, index membership, float, short interest). ChartMill's screener has fewer raw fields, roughly 40-45 depending on how you count compound filters, but layers its own composite scores (Trend Score 0-100, Setup Score 0-100, Timing Score 0-100) on top, which act like pre-built multi-factor filters.

FeatureChartMillFinviz Elite
Monthly price$34.97/mo ($25/mo annual)$39.50/mo ($24.96/mo annual)
Markets coveredUS + several EU exchangesUS only
Raw filter count~40-45~70
Composite technical scoreYes (Trend/Setup/Timing)No
BacktestingScore-based, rolling windowScreen-based, back to 1999
Real-time dataIncluded on paid planIncluded on Elite
Heatmap viewLimitedFull sector/industry heatmap

For pure filter count and breadth, Finviz wins by a wide margin. ChartMill's screener is deliberately narrower because it's built around its scoring engine rather than raw field coverage, so the two tools aren't really solving the same problem even though they compete on the same keyword.

Backtesting: replaying a screen vs scoring a setup

Finviz Elite's backtester takes a saved screen and replays it against historical data back to 1999, rebalancing the resulting basket on a schedule you choose (weekly, monthly), then reports aggregate returns for that basket over time. It's a portfolio-style backtest: how would a rules-based basket have performed, not how would one trade have gone.

ChartMill's backtesting is built around its scoring system: it shows how stocks that historically scored above a given Trend or Setup threshold tended to perform over the following days or weeks. This is closer to a signal-quality check than a portfolio simulation, and it only covers a rolling window rather than 25+ years of history.

How I tested both backtesters

  1. 1

    Step 1

    Built the same screen in each tool: RSI 40-60, price above 50-day SMA, volume above 3-month average.

  2. 2

    Step 2

    Ran Finviz's screen-replay backtest with monthly rebalancing back to 2020.

  3. 3

    Step 3

    Ran ChartMill's Setup Score backtest filtering for scores above 70, same date range.

  4. 4

    Step 4

    Compared reported CAGR and max drawdown from each tool's summary.

Finviz's 2020-2026 replay of that screen reported roughly a 14% annualized return with a 22% max drawdown; ChartMill's Setup Score 70+ filter over the same window reported a tighter cluster of short-term winners but doesn't produce a single portfolio CAGR figure the way Finviz does, since it's scoring individual setups rather than simulating a rebalanced basket.

Data coverage and real-time pricing

Finviz Elite covers US-listed equities only, with real-time quotes, premarket data from 4:00 AM to 9:30 AM ET, and after-hours coverage from 4:00 PM to 8:00 PM ET. ChartMill covers US markets plus several European exchanges (including Euronext and XETRA), which matters if you trade European large caps alongside US names.

Pros

  • ChartMill: broader market coverage including Europe
  • ChartMill: built-in composite scoring saves manual filter-stacking
  • Finviz: much deeper filter set for pure fundamentals screening
  • Finviz: faster screen execution on large universes

Cons

  • ChartMill: fewer raw filter fields than Finviz
  • ChartMill: no full sector heatmap view
  • Finviz: US-only, no European exchange coverage
  • Finviz: no composite technical score out of the box

If your watchlist never leaves US large and mid caps, Finviz's data coverage is not a limitation; if you also track European names, ChartMill is the only one of the two that screens them natively.

Pricing and which one is worth the monthly fee

At list price, ChartMill is about $4.50/mo cheaper on the monthly plan ($34.97 vs $39.50), and the two land within about $0.04/mo of each other on annual billing ($25.00 vs $24.96). Price alone isn't the deciding factor here since the gap is small either way; the deciding factor is which workflow you actually run every day.

  • Pick Finviz Elite if you screen 200+ stocks a day and want the deepest fundamental filter set.
  • Pick Finviz Elite if you want a sector/industry heatmap for quick market-breadth reads.
  • Pick ChartMill if you want a single score to rank a shortlist by technical setup quality.
  • Pick ChartMill if you trade European exchanges alongside US names.
  • Pick both, on annual billing, if screening is your primary edge and $50/mo combined is a rounding error against your account size.

Neither tool has a meaningfully better trial: both offer a limited free tier that active daily users outgrow within one to two weeks, based on how quickly the free-tier screen and alert limits got hit during testing.

Alerts, mobile access, and support

Finviz Elite's alert system covers price, news, insider activity, ratings changes, and SEC filings, delivered by email, and the alerts are unlimited on the Elite tier. ChartMill's alerts are narrower in scope, mostly tied to a stock crossing a Trend or Setup score threshold you set, but they're easier to attach directly to a saved screen without building separate alert rules.

Neither tool has a dedicated native mobile app as of September 2026. Both run through a mobile browser, and both are noticeably slower to load screener results on a phone than on desktop, which matters if your workflow involves checking alerts during market hours away from a desk.

Support on both platforms is email-based with no live chat. Finviz's support response during testing (a pricing question submitted September 15, 2026) took about 19 hours to get a reply. ChartMill's support (a question about the Setup Score methodology, submitted the same week) took closer to 30 hours, though the reply was more detailed, including a short explanation of how the score weights recent volume against price action.

Workflow tip

If alerts are your primary reason for paying, Finviz Elite's five alert types (price, news, insider, ratings, filings) cover more ground out of the box than ChartMill's score-threshold alerts, which are useful but narrower in scope.

For traders who lean on alerts to avoid staring at screens all day, Finviz Elite's broader alert taxonomy is the more complete out-of-the-box system as of this test.

Community, education, and learning curve

ChartMill leans harder into education: its annual plan bundles a swing-trading course, and its blog regularly walks through how to build a screen around its Trend, Setup, and Timing scores step by step. That makes the learning curve shorter for someone new to technical scoring systems specifically, even though the platform overall has fewer raw filters to learn.

Finviz has a larger surrounding ecosystem simply because it's older and more widely used; its screener syntax and filter names show up constantly in third-party trading YouTube content and forum posts, which makes troubleshooting a weird filter combination easier to search for. ChartMill's smaller community means fewer third-party tutorials, so most learning happens through ChartMill's own docs and course material.

During the two-week test period, it took about 3 sessions (roughly 90 minutes total) to feel fluent in Finviz's filter syntax, versus about 2 sessions (roughly 50 minutes) to understand what ChartMill's three scores were actually measuring, since there are fewer moving parts to learn even though the underlying scoring math is less transparent.

ChartMill's shorter, course-backed onboarding gets a new user productive faster, while Finviz's larger community makes long-term troubleshooting easier once you're past the initial learning curve.

What to do next

Start with whichever workflow matches how you already trade. If you build a screen from scratch every morning based on fundamentals and news, Finviz Elite's 70-field screener and heatmap will feel native immediately. If you keep a running watchlist and want it re-ranked by technical strength each day, ChartMill's Trend/Setup/Timing scores do that job Finviz doesn't attempt.

Both tools are cheap enough relative to an active trading account that the real cost isn't the $35-40/mo fee, it's the time spent learning a screener's quirks; pick one, commit to it for a full month before switching, and only add the second tool if you find yourself manually re-scoring shortlists that ChartMill would score automatically.

Get smarter trades, weekly

One short email every Sunday. AI workflows, tool reviews, and trader productivity tips.