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Is TrendSpider Legit?

Is TrendSpider Legit?

What Is TrendSpider?

TrendSpider is a customizable technical analysis tool that helps experienced investors make the most of their investments. It was founded in 2016 by Dan Ushman, whose main goal was to simplify technical analysis for experienced investors by automating repetitive tasks. That way, investors can spend more time researching other opportunities.

Some of the best features of this platform include Smart Charting and Dynamic Watchlists, Market Scanners with reach across most markets and industries, and Strategy Tester. In this comprehensive back-testing environment, you can try out your strategies at no risk using historical data. Keep in mind TrendSpider is mainly geared toward experienced investors.

Does TrendSpider Have Real-Time Data?

TrendSpider supports more than 55,000 assets, including stocks, ETFs, crypto, futures, indices, and more. They offer real-time data on all of their assets, and some of their sources include:

  • US Stocks & ETF Data: Sourced from NYSE, NASDAQ, CBOE, IEX, and others
  • Futures: Sourced from CME, CBOT, NYMEX, CBOT, and others
  • Index Data: Sourced from CBOE
  • Cryptocurrency Data: Sourced from 170+ exchanges and third-party aggregators
  • Trading Data: Sourced from SEC filings and others
  • Analyst Rating Data: Sourced from Benzinga and others

Can You Trade Directly From TrendSpider?

No, you can’t place orders directly from the TrendSpider platform – you will need a brokerage to do that. TrendSpider is designed to work as a companion in tandem with a brokerage. However, to make sure you don’t miss any opportunity, TrendSpider allows you to set up all types of alerts so you can place orders through your broker at the best possible moments. You can choose from hundreds of triggers and set up Touch, Bounce, and Breakthrough alerts.

Is TrendSpider Good For Swing Trading?

Yes – even though TrendSpider works for most trading styles, it’s designed primarily for day and swing traders. It offers extensive research tools, dynamic watchlists to keep track of your assets, and highly customizable alerts with dozens of triggers to choose from.

If you’re a new investor, you can use some of their premade Market Scans and gather information from more than 55,000 assets, including stocks, ETFs, Forex, crypto, and more.

TrendSpider also offers excellent charting tools and their proprietary Raindrop Charts, an improvement on the more common candlestick charts with the inclusion of a key factor: volume. This makes it very easy for seasoned investors to spot a trend early on and take full advantage of fleeting opportunities. We go over all the features of TrendSpider in our full TrendSpider review.

Does TrendSpider Have Crypto?

TrendSpider started support for crypto assets in 2020. Since then, they’ve expanded and now include support for crypto markets, premade crypto lists, and comprehensive crypto scanning tools.

TrendSpider supports over 27,000 crypto assets and is partnered with over 150 crypto exchanges to provide real-time data. Some of these exchanges include Binance, Coinbase, and Kraken.

How Much Is TrendSpider Monthly?

  • Premium Plan: $27.30/month, or $198/year
  • Elite Plan: $51.35/month, or $351/year
  • Advanced Plan: $70.95/month, or $407/year

All three plans come with a 7-day free trial, and if you use our coupon link to sign up, you will get a discount of 30%, 35%, and 40% off the monthly schedule for the Premium, Elite, and Advanced plans. If you sign up for the yearly plan, you will get up to a 65% discount on your first subscription.

Signing Up For TrendSpider

Even though anyone can register and create a TrendSpider account, it mainly focuses on US-based securities. To create an account, you just need some of your basic information, a valid phone number, and banking information to purchase a subscription.

If you use our link to sign up, you will get a discount of up to 40% on all monthly plans and up to 65% on the annual plans.

TrendSpider - Signup Page

Is TrendSpider Legit?

Yes – TrendSpider is completely legit. It has been operating worldwide since 2016 and has an excellent track record. In 2021, they won the prestigious Benzinga Global Fintech Award, recognizing them as a powerhouse in the fintech sector. Earlier this year, TrendSpider was listed for the first time in the Today, Inc. national ranking of the 5,000 fastest-growing private companies in the US.

Does TrendSpider Have An App?

Yes – TrendSpider has an app available for both iOS and Android devices. From the app, you can synchronize all your watchlists, track your alerts, and access all the charting tools available on the main platform. Keep in mind that the TrendSpider App is meant to be used as a companion to the main TrendSpider platform – not as a substitute.

The TrendSpider app has a rating of 4.4 on the app store and the Google play store.

Is There A Free Version Of TrendSpider?

Yes – TrendSpider offers a completely free 7-day trial with full access to all of the features. Here are some things you should consider when you sign up for the trial:

  • Your trial ends exactly one week after you start it – to the hour
  • You can upgrade or cancel your plan at any time before your trial ends
  • If you take no action at the end of your trial, the subscription you chose will be activated automatically (monthly or yearly)

You will receive a notification 3-days before your trial ends so you can change your subscription or cancel the plan. Keep in mind TrendSpider offers no refunds – make sure to decide whether to continue with the service or cancel before your trial is up.

How Do I Cancel TrendSpider?

If you want to cancel your TrendSpider subscription – during the trial period or after you’ve signed up for a regular subscription – there are three ways you can do it:

  • Online: Log in to your TrendSpider account and navigate to the Account & Settings menu. Open the Plan tab and click Cancel Autorenewal.
  • Via telephone: Contact customer services via the phone number listed on the official page
  • Via email: Contact customer support via the email listed on the official website
  • Via the TrendSpider app: Open the TrendSpider app, navigate to the Live Chat, and request a cancelation

After you complete any of these steps, you will receive a confirmation email. Keep in mind that if you cancel before the 7-day free trial, you will lose access to all TrendSpider features immediately – even if you had more days on your trial.

If TrendSpider is not the right platform for you, we recommend checking out TradingView. Make sure to check out our full TrendSpider vs. TradingView side-by-side comparison between the two so you can decide which is the right platform for you.

TrendSpider Trustpilot Reviews

TrendSpider has mostly positive reviews from its users, and it holds an average rating of 3.3 on Trustpilot. Here’s what some of those users have to say about TrendSpider:

“I signed up for the 2-week free trial. It was 7 dollars for the trial, and I did not mind the small fee since it was to pay for the data feed. I liked what the platform had to offer. It does what it says and draws natural trendlines based upon specific points.” – M.D.
“Good app, a useful tool for traders. It has what tradingview is missing; imagine if they combined?” – Georgie E.
“TrendSpider is changing the game with AlphaTrends anchored VWAP, anchored volume by price indicator, raindrop charts™, and so much more! The staff couldn’t care more about their customers and product!” – MST.
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