Scanz Review
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Scanz Review
Scanz is a real-time stock scanner, news scanner and market data platform built for active traders. Previously known as EquityFeed, Scanz is designed to help day traders and swing traders find stocks moving in real time based on price action, volume, news, filings, technical signals and custom scan criteria.
The platform includes custom scanning, alerts, real-time news, SEC filings, watchlists, charting, Level 2 order book data and broker integration features. This makes Scanz more advanced than a basic stock screener and more suitable for traders who need fast market information during the trading day.
Scanz is best for active traders who already know what they are looking for. It gives users the tools to build custom scans, monitor breakouts, follow news catalysts and track market activity in real time. However, it is not the cheapest stock scanner and it may be too much for beginners or casual investors.
What Is Scanz?
Scanz is a stock scanning platform designed to help traders find real-time trading opportunities. It continuously scans the market and alerts users when stocks match their selected criteria.
The platform covers major U.S. exchanges such as Nasdaq, NYSE and AMEX. It also supports OTC market scanning, which can be useful for traders who follow smaller or more speculative stocks.
Scanz is not just a static screener. It is built around real-time scanning workflows. Traders can create scans, save watchlists, monitor price and volume changes, follow news events and use Level 2 data to better understand order flow.
The main advantage of Scanz is speed. If you trade actively and need to find stocks moving now, Scanz gives you a much faster workflow than manually checking charts, watchlists or delayed screeners.
Who Is Scanz Best For?
Scanz is best for active day traders and short-term swing traders who need real-time stock scanning, alerts, market news and Level 2 data. It is especially useful for traders who build their own strategies and want to scan for specific price, volume, technical or news-based conditions.
The platform is also useful for traders who follow momentum stocks, breakout setups, volume spikes, small caps, news catalysts or stocks making unusual intraday moves.
Scanz is less suitable for passive investors, dividend investors or beginners who do not yet have a clear trading strategy. If you only need basic stock research, valuation filters or long-term portfolio analysis, Scanz is probably more expensive and more advanced than necessary.
Best For
- Day traders
- Momentum traders
- Short-term swing traders
- Traders who need real-time alerts
- Users who want custom stock scans
- Traders who use volume and liquidity signals
- Traders who follow news catalysts and SEC filings
- Active traders who need Level 2 data
Not Best For
- Passive long-term investors
- Dividend investors
- Beginners without a defined trading strategy
- Users looking for a free stock screener
- Traders who only need basic charting
- Investors who do not need real-time data
Scanz Features
Scanz includes real-time stock scanning, custom scan filters, news scanning, SEC filing alerts, Level 2 data, watchlists, charts and alerts. The platform is built to help traders move from idea discovery to analysis quickly.
The most important features are the Easy Scanner, custom scanning tools, breakout alerts, news scanner, Level 2 data and premarket and after-hours scanning.
Scanz Easy Scanner
The Easy Scanner is one of the main features in Scanz. It allows traders to scan the market for stocks that match specific criteria such as price, volume, volatility, price change, technical indicators and other market conditions.
This is useful for traders who want to quickly find stocks with unusual activity. For example, you can scan for high-volume gainers, stocks breaking out of a range, low-priced momentum stocks or stocks with unusual relative volume.
The Easy Scanner is designed to be simple enough for quick scanning, but flexible enough for more advanced setups. You can filter by market, sector, price, volume, percentage change and technical indicators such as RSI or MACD.
The ability to sort results is also important. Traders can rank stocks by volume, price movement, volatility or other criteria to quickly identify the most active names on the market.
For day traders, the Easy Scanner can be a useful way to build a live watchlist. Instead of trying to manually find stocks in play, you can let Scanz monitor the market and surface stocks that match your setup.
Custom Stock Scans
Scanz allows traders to create custom scans based on their own criteria. This is one of the main reasons to use the platform instead of a basic stock screener.
Custom scans can be used to find stocks based on price action, volume, liquidity, technical indicators, market cap, exchange, news events and other conditions. This makes Scanz useful for traders who already have a specific setup in mind.
For example, a trader could build a scan for stocks above a certain price, trading above average volume, moving more than a certain percentage and breaking above a short-term resistance level.
This flexibility is valuable, but it also means Scanz works best when you know what you are doing. If you do not have a trading strategy yet, the platform may feel less useful because you will not know which filters matter.
Breakout Alerts
Scanz includes breakout alerts that help traders monitor stocks making notable moves. These alerts can be based on price breakouts, volume spikes, highs, lows or other conditions.
Breakout alerts are useful for momentum traders because they can highlight stocks that are starting to move before they appear on broader watchlists. This can help traders react faster to developing setups.
Traders can use breakout alerts alongside watchlists and charts to monitor potential trades. For example, if a stock breaks above a key price level with increasing volume, Scanz can alert the user so they can review the setup quickly.
As with any trading alert, breakout alerts should not be followed blindly. A breakout still needs confirmation from volume, liquidity, chart structure, risk/reward and market conditions.
Premarket and After-Hours Scanning
Scanz supports premarket and after-hours scanning, which is important for active traders. Many of the biggest movers begin moving before the regular session opens, often because of earnings, analyst ratings, FDA news, press releases or other catalysts.
Premarket scanning can help traders prepare a watchlist before the opening bell. After-hours scanning can help identify stocks reacting to earnings reports, corporate announcements or other late-day news.
This gives Scanz an advantage over basic screeners that are mainly useful during regular market hours or that update too slowly for active trading.
News Scanner
Scanz includes a real-time news scanner that helps traders follow market-moving headlines. This is useful because many short-term stock moves are driven by news catalysts.
The news scanner can help traders find stocks moving because of earnings, acquisitions, analyst actions, FDA updates, contracts, SEC filings, management changes or other important events.
Users can filter news by ticker, keyword or event type. This helps reduce noise and makes it easier to focus on headlines that match a trader’s strategy.
Scanz also streams SEC filings, which can be useful for traders who follow company announcements, insider activity, offerings, registration statements or other filings that may affect price movement.
Scanz has a solid news scanner, but traders whose main priority is fast professional news may also want to compare it with Benzinga Pro.
Scanz Level 2 Data
Scanz includes Level 2 order book data, which can be useful for active traders who want to see bid and ask depth beyond the basic quote.
Level 2 data shows price levels, order size and market participant activity on the bid and ask. This can help traders understand liquidity, short-term supply and demand and whether there is strong interest around certain price levels.
Scanz also includes time and sales data. Time and sales shows executed trades, including price, size and time. This can help traders see whether buyers or sellers are more aggressive in real time.
Level 2 and time and sales data are not magic signals. They are best used by experienced traders who understand order flow, liquidity and execution. For beginners, this data may feel overwhelming at first.
Charts and Watchlists
Scanz includes charts and personal watchlists so traders can monitor stocks that match their scans. This helps keep the workflow organized. Instead of jumping between separate scanner, charting and watchlist tools, users can review trade candidates inside the same platform.
The charting is useful for confirming scan results. When a stock triggers an alert, traders can quickly check the chart, volume, trend, support, resistance and recent price action.
The charts are strong enough for quick analysis, but traders who need advanced charting may still prefer a dedicated charting platform such as TradingView.
Broker Integrations
Scanz has offered broker integration features designed to help traders move from analysis to execution more efficiently. Broker integration can be useful because it reduces the number of tools a trader needs to switch between during the trading day.
However, broker support and execution features can change over time. Before subscribing, check whether your broker is supported and whether the specific trading integration you need is available.
Scanz Pricing
Scanz currently offers two main pricing plans: Starter and Pro. Both plans include a 7-day free trial.
- Starter: $89 per month
- Pro: $199 per month
The Starter plan is designed for traders who want real-time scanning essentials. The Pro plan is aimed at traders who need the full feature set and fewer limits.
Scanz pricing has changed over the years, so older references to separate Scanner, News Scanner and Total plans may be outdated. Before subscribing, check the current Scanz pricing page and compare the features included in each plan.
Important: if your pricing screenshot is old, update it before publishing. Scanz now lists Starter and Pro pricing, so an old image showing separate Scanner, News and Total plans may confuse readers.
Scanz vs Trade Ideas
Scanz and Trade Ideas are both serious stock scanning platforms, but they are not exactly the same.
Scanz is strong for real-time scanning, news, Level 2 data and building custom scans. It is a good option for traders who want a fast scanner with market data and news in one platform.
Trade Ideas is generally stronger for advanced stock scanning, AI-powered trading ideas, strategy testing and prebuilt scanner workflows. If your main goal is to find the most powerful day trading scanner, Trade Ideas may offer more depth.
Scanz may appeal more to traders who want a cleaner workflow with real-time scans, news and Level 2 data. Trade Ideas may appeal more to traders who want advanced scan logic, AI signals and more developed strategy tools.
Scanz Pros and Cons
Pros
- Strong real-time stock scanning
- Custom scan creation
- Premarket and after-hours scanning
- Real-time news and SEC filings
- Level 2 order book data
- Useful breakout alerts
- Good for active day traders
- Watchlists and charts included
- Covers major U.S. exchanges
- 7-day free trial available
Cons
- Expensive for casual users
- Can be overwhelming for beginners
- Best value requires active use
- Not ideal for long-term investors
- Trade Ideas may be stronger for advanced scanning
- Pricing and plan structure have changed over time
- Requires a defined trading strategy to get the most value
Is Scanz Worth It?
Scanz is worth considering if you are an active trader who needs real-time stock scanning, custom alerts, news, filings and Level 2 data. It can be valuable if your trading strategy depends on finding moving stocks quickly and reacting before the opportunity disappears.
The platform is less attractive for casual investors. If you only place a few trades per month or mostly invest long term, Scanz is probably too expensive and too active for your needs.
For serious day traders and short-term traders, Scanz can be a useful tool. The scanner, breakout alerts, premarket scanning, news feed and Level 2 data can all help traders find and analyze opportunities faster.
That said, Scanz is not the only option. Traders who want deeper scanner logic and AI-driven trade ideas should compare it with Trade Ideas. Traders who mainly want real-time financial news should also look at Benzinga Pro.
Scanz Review Summary
Scanz is a strong real-time stock scanner for active traders. It offers custom scanning, alerts, premarket and after-hours scanning, news, SEC filings, Level 2 data, charts and watchlists.
The platform is best suited to traders who already have a strategy and need a fast tool to find matching opportunities. It is especially useful for traders who focus on momentum, breakouts, unusual volume, news catalysts and short-term market movement.
The main downside is price. Scanz is not a cheap tool and casual traders may struggle to justify the monthly cost. It also has a learning curve, especially for beginners who are not yet comfortable building scans or reading Level 2 data.
Overall, Scanz is a solid and reliable scanner for active traders. It is not the best choice for everyone, but it can be a valuable platform for traders who need real-time scanning, alerts and news in one place.