BlackBox Stocks Review - The Forex Geek (2024)

BlackBox Stocks is a user-friendly stocks and options trading tool that includes real-time education within a large community of professional and new traders. The BlackBox platform can help traders to improve their knowledge of the stock market and trading in general. It has an abundance of rich premium data available. The support team are also very helpful and happy to assist traders with any questions that they may have.

Company Overview

Blackboxstocks, Inc. is a Nevada corporation headquartered in Dallas, Texas. They are a financial technology and social media hybrid platform offering real-time proprietary analytics and news for stock and options traders of all levels.

Blackbox provide users with a fully interactive social media platform that is integrated into a trading dashboard, enabling users to exchange information and ideas quickly and efficiently through a common network.

Blackboxstocks introduced a live audio/video feature that allows members to broadcast on their own channels to share trade strategies and market insight within the Blackbox community.

Blackbox is a SaaS company with a growing base of users that spans 42 countries; current subscription fees are $99.97 per month or $959.00 annually.

What is the BlackBox Stocks Trading Software?

The BlackBox Stocks trading platform uses fintech algorithms to alert you to possible trades where the “smart money” might be investing. You also get a chance to be part of the ever-growing community that includes traders of all experience levels.

Long before the market opens, the BlackBox trading system uses proprietary algorithms that can alert traders to some of the most active stocks and options for the day. Once an alert is posted on the platform, traders can click on the relevant symbol to discover why that particular stock received an alert. Using the live charting tool and proprietary volatility indicator, traders can see which stocks are breaking out and showing the largest movements.

One way to explain the BlackBox Stocks platform would be that it gives the average person the opportunity to be a fly on the wall in places where important trading activity is taking place. For the price, it gives a broad outlook of the stock market which enables users to keep a keen eye on what is happening, as and when it suits them.

The BlackBox Stocks platform is packed with a range of features to help traders with their day trading activities. In this BlackBox Stocks Review, we will take a look at some of the BlackBox platform stand out features.

Stock Trading Signals

BlackBox Stocks is distinctly different to the majority of other trading systems on the market in the sense that the system automatically posts symbols alerting you to potential trading opportunities in the market in real time.

The web-based software employs “predictive technology” enhanced by artificial intelligence to find volatility and unusual market activity that may result in the rapid change in the price of a stock or option.

Complex Algorithms

The BlackBox system continuously scans the NASDAQ, New York Stock Exchange, CBOE and all of the other options markets. It is impressively capable of conducting rapid analysis on a vast selection of over 8,000 stocks, and up to 900,000 options contracts multiple times per second.

It could be said that the algorithms implemented within the BlackBox Stocks platform are similar to those that you may find being used in ‘high frequency trading’ (HFT) strategies, something that is not often available to the general public. The BlackBox developer’s stats that they “are here to level the playing field offering you technology that has too often been reserved for large financial firms, hedge funds, and the Wall Street elite.”

BlackBox Options Scanner

The BlackBox Options Scanner can be used to keep track of the smart money and see what the institutions are trading. The actions of such large institutions can have significant impacts on the markets. Thus, knowing what they are doing and when, can be very beneficial to the retail trader.

Some of the key BlackBox Options Scanner features includes the following:

• View streaming real-time options, news & upgrades/downgrades
• Monitor daily changes in the OI (Open Interest)
• Includes colour coded real-time options flow and historical data

BlackBox Community

Perhaps one of the most widely praised aspects of the BlackBox trading platform is the sense of community that it has. Users can follow the live channel broadcasts and trading activity of other traders. This can help to learn more about the markets and inspire potential trading signals. The community is packed with traders who are willing to take time to help you learn.

Amongst the key features of the BlackBox Community include the following:

• Watch top traders’ live channels for trading ideas and strategies
• Use the fully integrated social media features to follow, direct message, or subscribe to other members
• Follow trending stocks and members within the community
• Post your trade confirmations and other useful content to engage with the community

BlackBox Education

In addition to a trading platforms, signals and community, BlackBox also offers traders education to help members learn and develop their trading styles and strategies. Members get access to a variety of free classes starting with the BlackBox Bootcamp. This is a 3-hour live webinar that is designed specifically for those who are new to trading online.

The training can help users to better navigate the BlackBox platform, and learn basic trading terminology, trading basics, best practices, risk management and position sizing to avoid blowing up your account.

The BlackBox Bootcamp is offered twice weekly and covers the basics of trading stocks, options, as well as how to use the features on the BlackBox platform. They also offer advanced classes and continuing education free of charge to members. To sign up for the Boot Camp, simply sign onto the BlackBox platform, look for the Support tab then click Calendar and sign up for the class that works best for you.

BlackBox Stock Trading Platform Features

Now, let’s take a look at some of the unique features of the BlackBox Stock Trading Software.

Pre-Market Scanner

The BlackBox Pre-Market Stock Scanner displays the top 40 stocks with the largest price increases/decreases prior to the open, sorted by the percentage increase or decrease in the premarket price. The volume and percentage gain information are ONLY for the premarket trading sessions. Data is pulled from NASDAQ, NYSE, AMEX, and dark pool exchanges to provide a complete picture of a stock’s trading activity.

Post Market Scanner

The BlackBox Post Market Stock Scanner reveals the top forty stocks with the greatest price increases and decreases after the close of the market. The percentage and volume gain information are ONLY for the post market trading sessions. Data is drawn from NYSE, NASDAQ, AMEX, and dark pool data exchanges to provide a complete picture of a stock’s trading activity.

StockTwits Feed

BlackBox stock trading software has integrated a live StockTwits feed into their platform. This is so that members can stay up-to-date on the latest buzz from active traders and gauge social sentiment with the symbol specific StockTwits feed.

Volatility Indicator

The BlackBox Volatility Indicator is a summary and enhanced display for Level 2 data. The proprietary Volatility Indicator looks at volume traded on both the bid and the ask to determine the buying or selling pressure within a 10-second window. The Volatility Indicator considers all trade data, including dark pool data and hidden orders. The Volatility Indicator is often used in conjunction with support and resistance on the chart analysis.

Market Movers / Advancers & Decliners

The BlackBox stock scanner tracks the top 100 stocks broken into 50 with largest price increases, and 50 with the largest decreases during regular market session and is sorted by the percentage increase or decrease in price. Live data is pulled from NASDAQ, NYSE, AMEX, and dark pool exchanges to provide a complete picture of the top 100 stock’s trading activity.

Real Time Quotes

The Blackbox day trading software is designed to be fast with no delayed data. Members can instantly check price action as it prints and get live updates any time of day, premarket to post market. Real time quotes are important whether you are scalping, day trading or just looking for the best entries and exits for swing trading.

Real Time Institutional Grade Charting Library

The BlackBox Stocks software provides real-time institutional grade charting library offers numerous time and display settings along with extensive libraries of drawing tools and studies. Exclusive to BlackBox, is the BBS Dark Pool Volume Profile. This study will provide a profile of the dark pool trade price and volume levels as tracked by the system. Members can save chart settings under the ‘Views’ drop-down menu. Earnings dates are estimated until confirmed by the company issuing the stock.

Symbol Specific News Feed

The BlackBox Stocks trading software incorporates multi-source news feeds including: The Fly on the Wall (a $35 /mo. value,) Global Newswire, Business Wire, PR Newswire, Canada Newswire, and more. Two filters are available: ‘Options News’ for options related news and ‘Ratings’ for analyst ratings. This helps to deliver some of the best stock news alerts from some of the best trading software for retail traders.

Members Chat Room

The BlackBox stock trading software provides more than just state-of-the-art stock trading tools, it is a community of traders. Thus, if you are new to trading, you can join them in live trading rooms, because this is where you’re going to find the moderators along with other traders, all trading in the community together.

Algo-Driven Alert Log

The BlackBox algo-based stock market trading alerts consistently tip off members to some of the potential big moves in the market. BlackBox stock market alerts include the Pre-Market Alert, Volume Active Alert, Price Spike Alert, Retracement Alert, Rapid Decline Alert, and the Usual Suspect Alert. The top preforming stock market alerts routinely trigger notifying members of market movers with the greatest potential before they occur. Of course, there are no guarantees on how well the signals will perform and you should be well aware of all the significant risks involved with trading.

Symbol Specific Alert Criteria

With a single click in the BlackBox stock trading software members can instantly access all the alerts that have been activated on a specific symbol for that day. The BlackBox Alert Stream shows all stocks that meet a single component of the alert criteria. You can use the ‘Filter’ to filter data for: Dark Pool Prints/Blocks, 52-week Highs or Lows, Stock Price Spikes, Stock Halts, or Low Float stocks.

Volume Ratio Scanner

The BlackBox stock trading software Volume Ratio Scanner Displays the top 20 stocks with the largest increase in volume compared to the stock’s 10-day average volume. Stocks are ranked by those with the highest ratio. Green and red triangles indicate whether the stock is trading above or below yesterday’s closing price.

BlackBox Options Trading Platform Features

Following on from a detailed overview of the BlackBox Stock Trading Platform, here we will take a look at some of the key features of the BlackBox Options Trading Software.

Options Alerts

The BlackBox options trading software is one of the most popular options trading alert services for guiding traders to market movements in real-time. The options day trading alerts include Swift Bullish, Steady Bullish Alert, Large Bullish Alert, Repeater Bullish Alert, and the Roulette Bullish or Bearish Alerts. The timely option alerts quickly trigger alerting members to unusual options activity, sometimes before it even reaches the news.

Options Flow

The BlackBox options trading software features an intelligent option scanner that uses advanced logic to show members what can be really moving the market. The real time options flow scanner is so fast that users can see the transaction while the person’s order is being filled. Unusual options activity can move markets. For options traders, this information can be very useful when interpreted and used correctly.

Options Heat Map

The BlackBox options trading software Heat Map is a graphic representation of the options flow on the options alert tab. The options Heat Map shows the frequency of flow centred around the contract strike price nearest the current price. Options calls (C) are on the left and options puts (P) are on the right.

Options News

The BlackBox options trading software has fully integrated live news streams so that members receive options news alerts throughout the day, as well as all important breaking stock news alerts. Instant access to financial news is key to today’s momentum-based market, and BlackBox traders are amongst the first to know.

BlackBox Stocks Conclusion

BlackBox Stocks is a market leader when compared with similar stock trading platforms. The education, community and overall comradery helps to set Blackbox Stocks apart from its competitors. It is user-friendly and has a very friendly support team who are happy to help all traders.

They have been praised by customers for their amazing software and services on offer. They provide many day traders with something to look forward to every day, that can also help them with making informed trading decisions.

The platform includes tools for every trader, from beginners to the more experienced. The algos, alerts, and scanner are some of the most intuitive available from any stock trading platform you can find. There is a plethora of educational materials covering almost everything you could imagine when it comes to trading stocks online.

For anyone who has an interest in trading stocks and options online, the BlackBox platform is certainly worth consideration!