QCharts Review

A stock trading software popular to investors and traders is called QCharts. QCharts is the front end for Quote.com’s streaming chart serviced named Livecharts. The program is not solely focused on charting because it incorporates into its system the recent news, real-time hot lists and trading itself. QCharts has a thirty day free trial wherein you can explore its features and learn the basics of the said program. But it will be comforting to know that if you have used similar programs in the past, you will have no trouble navigating through the program.

QChart’s charting capabilities are great and are considered to be the best in the industry. However, the data feed of Qchart has a significant lag which can be bad especially during times when high trading activities occur. But this fact should not be that big of a problem since Qchart is not the only one suffering from data lag when such activities occur. It is a good thing that there is a user support forum where you can discuss QChart problems with other users and be able to assist each other with your concerns. Solutions to data lag like changing servers which are physically closer to your place or changing to a server that has a faster ping time to your PC are some of the things discussed in the forum.

QCharts will use most of your CPU’s resources if your computer settings are not set to run the program optimally. But if you make use of the support forum, you can find tips and tricks that will solve your CPU concerns by simply changing your pc’s cache settings. But to get the most out of QCharts, users have resorted to buying high end machines capable of running several programs at the same. Keep in mind that when buying a new machine, the random access memory and its processing speed should be big enough to support all sorts of program that you may need when analyzing and trading.

Flexibility is one thing that is given by QCharts to traders since unlimited real time quotes taken from fifteen exchanges are available for searching of opportunities. This is definitely better than other programs because most will only give the trader a limit of 40 securities with a basic package and will charge additional for adding more. Also, QCharts has one of the most in-depth historical databases figuring to over 15 years of end day data and 6 years of intraday data, which will surely satisfy any back testing need of a trader.

The monthly price of QCharts is something that you have to brace yourself for. The program does not come cheap with its basic package amounting to $95 per month. This rate increases according to add-ons like other monitoring tools, expert advisories, back testing, etc. Aside from the basic plan price, you will also be charged monthly for exchange fees, so you can just imagine how these costs will balloon up per month. Yet despite this, getting QCharts for your trading needs will be worth it.