Bloomberg vs Sierra Chart

Struggling to choose between Bloomberg and Sierra Chart? Both products offer unique advantages, making it a tough decision.

Bloomberg is a Business & Commerce solution with tags like finance, data, news, analytics, trading.

It boasts features such as Real-time market data, News and research, Trading capabilities, Charting and analytics, Messaging and collaboration, Customizable interface and pros including Comprehensive financial data, Powerful analytics and charting, Low latency market data, Integrated trading capabilities, Collaboration tools, Industry standard among financial professionals.

On the other hand, Sierra Chart is a Finance product tagged with charting, analytics, trading, financial.

Its standout features include Real-time data feed and charting, Technical analysis tools, Automated trading and strategy development, Custom indicators and studies, Alerts and notifications, Chart drawing and annotation tools, Backtesting and optimization, Market depth and DOM (Depth of Market), Global data coverage, and it shines with pros like Powerful charting and analytics, Flexible and customizable, Supports advanced trading features, Good value for money, Reliable data feeds, Active development and support.

Feature	Bloomberg	Sierra Chart
Overall Score	N/A	N/A
Primary Category	Business & Commerce	Finance

Product Overview

Bloomberg

Description: Bloomberg is a financial software, data, and media company known for its Bloomberg Terminal. The terminal provides real-time financial data, news, analytics, and trading tools to financial professionals.

Sierra Chart

Description: Sierra Chart is a professional charting and trading platform for financial market data. It supports advanced analytics and automated trading strategies with its extensive functionality and highly customizable features.

Key Features Comparison

Bloomberg Features

• Real-time market data
• News and research
• Trading capabilities
• Charting and analytics
• Messaging and collaboration
• Customizable interface

Sierra Chart Features

• Real-time data feed and charting
• Technical analysis tools
• Automated trading and strategy development
• Custom indicators and studies
• Alerts and notifications
• Chart drawing and annotation tools
• Backtesting and optimization
• Market depth and DOM (Depth of Market)
• Global data coverage

Pros & Cons Analysis

Bloomberg

Pros

• Comprehensive financial data
• Powerful analytics and charting
• Low latency market data
• Integrated trading capabilities
• Collaboration tools
• Industry standard among financial professionals

Cons

• Very expensive
• Steep learning curve
• Limited to financial data and tools
• Proprietary system, no open API

Sierra Chart

Pros

• Powerful charting and analytics
• Flexible and customizable
• Supports advanced trading features
• Good value for money
• Reliable data feeds
• Active development and support

Cons

• Steep learning curve
• Can be resource intensive
• Limited free trial
• Requires purchasing separate data feeds
• Lacks some beginner-friendly features

Pricing Comparison

Bloomberg

• Subscription-Based

Sierra Chart

• One-time Purchase
• Subscription-Based