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  3. Spider IRIS Plus VS MultiCharts

Spider IRIS Plus VS MultiCharts

Let’s have a side-by-side comparison of Spider IRIS Plus vs MultiCharts to find out which one is better. This software comparison between Spider IRIS Plus and MultiCharts is based on genuine user reviews. Compare software prices, features, support, ease of use, and user reviews to make the best choice between these, and decide whether Spider IRIS Plus or MultiCharts fits your business.

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Spider IRIS Plus
Spider IRIS Plus

4.5

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MultiCharts
MultiCharts

4.2

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Spider IRIS Plus
Spider IRIS Plus

4.5

Get Free Demo
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MultiCharts
MultiCharts

4.2

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  • Pricing

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  • Recommended
  • img 11 Ratings & 9 Reviews
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  • img 10 Ratings & 10 Reviews
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Pricing

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Price Plans

₹ 52000

₹ 65,000 20% off
IRIS PLUS

View Details img

$ 97

Monthly Subscription

$ 792

Annual Subscription

$ 1497

Lifetime License

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  • Lifetime Plan
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  • img Free Trial
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  • img Free Trial
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Offers

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Available offers & discounts

img Get a discount of 20% on this purchase

img Save upto 28%, Get GST Invoice on your business purchase

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Ratings

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Overall ratings

4.5

11 Ratings & 9 Reviews

90% Likelihood to Recommend

See all Spider IRIS Plus reviews img

4.2

10 Ratings & 10 Reviews

86% Likelihood to Recommend

See all MultiCharts reviews img

Pros & Cons

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Pros

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Scanner option chain analysis with Roman Greek tick query and delta dash for hig...Read more - Ashok Sharma Dec 04, 2024

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Provides Quick response whenever required, multiple training sessions and live w...Read more - Kailash Gupta Sep 29, 2023

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MultiCharts shines with its visual trading features, making it easy to see marke...Read more - Nitish Kumar Sep 05, 2024

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MultiCharts’ support for automated trading through its scripting language, Pow...Read more - Nitin sikri Sep 02, 2024

Cons

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No BSE LIVE MARKET AVAILABLE - Ashok Sharma Dec 04, 2024

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Don't have browser-based so not able to log into other devices. - Kailash Gupta Sep 29, 2023

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Although the visuals are great, the interface can feel crowded. Some customizati...Read more - Nitish Kumar Sep 05, 2024

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Setting up automated trading can be challenging without coding experience. A few...Read more - Nitin sikri Sep 02, 2024

Reviews

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Verified customer reviews

Using since 2018, live version

Ashok Sharma Dec 04, 2024

Best for Stock market traders

Kailash Gupta Sep 29, 2023

See all Spider IRIS Plus reviews img

Ideal for Visual Traders

Nitish Kumar Sep 05, 2024

Suitable for Algorithmic Trading

Nitin sikri Sep 02, 2024

See all MultiCharts reviews img

Reviews with Video

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Ease Your Analysis With Spider Software | IRIS PLUS
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Spider Software Iris Plus REVIEW by CLIENT | VIVEK DHUMALE in hindi

See all (2)

Not Available

Currently no reviews are available. Please check back later

Best Use for

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Business Size:

  • img Individual
  • img 2-50 Employees
  • img 51-250 Employees
  • img 250-500 Employees
  • img 500​-​1000 Employees
  • img More than 1000+ Employees
  • img Individual
  • img 2-50 Employees
  • img 51-250 Employees
  • img 250-500 Employees
  • img 500​-​1000 Employees
  • img More than 1000+ Employees

Business Type:

  • img Small Business
  • img Startups
  • img Medium Business
  • img Enterprise
  • img SMBs
  • img SMEs
  • img MSMBs
  • img MSMEs
  • img Freelancers
  • img Small Business
  • img Startups
  • img Medium Business
  • img Enterprise
  • img SMBs
  • img SMEs
  • img MSMBs
  • img MSMEs
  • img Freelancers

Industries:

  • imgStock Market
  • imgStock Market

We provide the best software solution for your business needs

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Features

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Core Features

  • img Market Data
  • img Charting Tools
  • img Order Control
  • img Order Execution
  • img Portfolio Management
  • img Watchlist
  • img Stock Screener
  • img Market Data
  • img Charting Tools
  • img Order Control
  • img Order Execution
  • img Portfolio Management
  • img Watchlist
  • img Stock Screener

Order Execution

  • img Limit Order
  • img Market Order
  • img Stop (Loss) Order
  • img Stop Limit Orders
  • img Trailing Stop Order
  • img Limit Order
  • img Market Order
  • img Stop (Loss) Order
  • img Stop Limit Orders
  • img Trailing Stop Order

Research and Analysis

  • img Advanced Order Flow Analysis
  • img Analyst Ratings
  • img Multi-Timeframe Analysis
  • img Sentiment Analysis
  • img Advanced Order Flow Analysis
  • img Analyst Ratings
  • img Multi-Timeframe Analysis
  • img Sentiment Analysis

Technical Analysis

  • img Trendlines
  • img Technical Indicators
  • img Smart drawing tools
  • img Custom Indicators
  • img Automated Technical Patterns Detection
  • img Trendlines
  • img Technical Indicators
  • img Smart drawing tools
  • img Custom Indicators
  • img Automated Technical Patterns Detection

Fundamental Analysis

  • img Financial Ratios
  • img Income Statement
  • img Balance Sheet
  • img Cash Flow Statements
  • img Industry Analysis
  • img Earnings Forecasts
  • img Company Valuation Models
  • img Financial Ratios
  • img Income Statement
  • img Balance Sheet
  • img Cash Flow Statements
  • img Industry Analysis
  • img Earnings Forecasts
  • img Company Valuation Models

Backtesting and Optimization

  • img Historical Data Simulation
  • img Strategy Tester
  • img Paper Trading
  • img Strategy Optimization
  • img Monte Carlo Simulation
  • img Historical Data Simulation
  • img Strategy Tester
  • img Paper Trading
  • img Strategy Optimization
  • img Monte Carlo Simulation

Risk Management

  • img Risk Calculator
  • img Position Sizing Calculator
  • img Diversification Analysis
  • img Performance Analytics
  • img Stop-Loss Automation
  • img Maximum Drawdown Analysis
  • img Risk Calculator
  • img Position Sizing Calculator
  • img Diversification Analysis
  • img Performance Analytics
  • img Stop-Loss Automation
  • img Maximum Drawdown Analysis

Trading Options

  • img Paper Trading
  • img Algorithm Trading
  • img Options Trading
  • img Futures Trading
  • img Forex Trading
  • img Crypto Trading
  • img Automatic Trading
  • img Intraday Trading
  • img Rotational Trading
  • img Derivative Trading
  • img Spread Trading
  • img Swing Trading
  • img Paper Trading
  • img Algorithm Trading
  • img Options Trading
  • img Futures Trading
  • img Forex Trading
  • img Crypto Trading
  • img Automatic Trading
  • img Intraday Trading
  • img Rotational Trading
  • img Derivative Trading
  • img Spread Trading
  • img Swing Trading

Reporting & Analytics

  • img Portfolio Tracking
  • img Customizable Reports
  • img Risk Analytics
  • img Dashboards
  • img Trade Performance Attribution
  • img Portfolio Tracking
  • img Customizable Reports
  • img Risk Analytics
  • img Dashboards
  • img Trade Performance Attribution

Account Management

  • img Multi-Factor Authentication (MFA)
  • img Customizable User Interface
  • img Account Summary Reports
  • img User Access Management
  • img Audit Trail
  • img Multi-Factor Authentication (MFA)
  • img Customizable User Interface
  • img Account Summary Reports
  • img User Access Management
  • img Audit Trail

Integrations

  • img Market Data Integration
  • img Brokerage Integration
  • img Third Party Integration
  • img Social Media Integration
  • img Multi-Language Support
  • img API Integration
  • img Cloud Data Integration
  • img Market Data Integration
  • img Brokerage Integration
  • img Third Party Integration
  • img Social Media Integration
  • img Multi-Language Support
  • img API Integration
  • img Cloud Data Integration

Alerts & Notifications

  • img Real-Time Market Updates
  • img Price Alert
  • img News Alert
  • img Volume Alerts
  • img Push Notifications
  • img Sentiment Alerts
  • img Real-Time Market Updates
  • img Price Alert
  • img News Alert
  • img Volume Alerts
  • img Push Notifications
  • img Sentiment Alerts

Specifications

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Deployment

  • img Web based
  • img On Premises
  • img Web based
  • img On Premises

Device Supported

  • img Desktop
  • img Mobile
  • img iPad
  • img Tablet
  • img Desktop
  • img Mobile
  • img iPad
  • img Tablet

Supported Platforms

  • img Windows
  • img Mac OS
  • img Android
  • img iOS
  • img Linux
  • img Ubuntu
  • img Windows
  • img Mac OS
  • img Android
  • img iOS
  • img Linux
  • img Ubuntu

Languages support

  • imgEnglish
  • imgEnglish

Question and Answers

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Product related question and answers

Still got Question in Mind?

Get answered by real users or software experts

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How does the Event Log help with strategy debugging in MultiCharts? img

Event Log with strategy debugging is a very crucial feature of MultiCharts as it... Read more

Can I automate alerts for specific trading events in MultiCharts? img

Yes, you can automate alerts for specific trading events. Start creating a... Read more

How do I test the robustness of my trading strategies in MultiCharts? img

There are various ways to test the robustness of your trading strategies in Mult... Read more

See all MultiCharts Questions & Answers img

Alternatives

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Top Alternative Products

Spider IRIS EOD

Spider IRIS EOD

Spider IRIS

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Spider CTCL (For Broker Only)

Spider ACE PRO

Spider ACE PRO

See all Spider IRIS Plus alternatives img
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TradingView

Falcon7

Falcon7

TrendSpider

TrendSpider

M2 Trading System

M2 Trading System

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Spider IRIS Plus vs MultiCharts Comparison FAQs

Software questions,
answered

While Spider IRIS Plus offers customized features, MultiCharts has diverse modules. Select between Spider IRIS Plus or MultiCharts as per your business needs.

Both these products offer similar features but with a different approach. While Spider IRIS Plus emphasizes on user experiences, MultiCharts focuses on functionalities.

It all depends on the functionalities that you prefer. While Spider IRIS Plus offers add-ons along with essential features, MultiCharts emphasizes on customization.

No, the difference between Spider IRIS Plus and MultiCharts lies in terms of features and functionalities. While Spider IRIS Plus can be customized as per the user’s needs, MultiCharts addresses the diverse audience.

It depends upon your business requirement. Both Spider IRIS Plus and MultiCharts provides standard features to cater diverse industry needs.

The difference lies in terms of the user interface and functionalities. While Spider IRIS Plus is customizable, Spider IRIS Plus offers comprehensive modules.

A Quick Comparison Between Spider IRIS Plus vs MultiCharts

Choosing any software for your organisation is a crucial decision. As a decision maker, you must ensure that the software you choose addresses the pain points of your teams and reaps maximum benefit for you.

  • Comparison of Spider IRIS Plus vs MultiCharts In terms of Features
  • Comparison Between Spider IRIS Plus and MultiCharts In terms of Deployment Type
  • Spider IRIS Plus or MultiCharts: Which Is Ideal for Your Industry
  • Which Is Better? - Spider IRIS Plus or MultiCharts

Comparison of Spider IRIS Plus vs MultiCharts In terms of Features

Spider IRIS Plus includes features like Portfolio Management, Futures Trading, Automatic Trading and Stock Screener. MultiCharts is known for functionalities like News Alert, Historical Data Simulation, Custom Indicators and Technical Indicators. When you compare Spider IRIS Plus vs MultiCharts, look for scalability, customization, ease of use, customer support and other key factors. The one which suits your business needs is the best.

Comparison Between Spider IRIS Plus and MultiCharts In terms of Deployment Type

While Spider IRIS Plus supports Web Based and On Premises deployment; MultiCharts is suitable for On Premises deployment. While selecting between Spider IRIS Plus and MultiCharts, figure out which one of the two is compatible with your devices. This will help in reducing the hassle after implementation.

Spider IRIS Plus or MultiCharts: Which Is Ideal for Your Industry

Spider IRIS Plus is ideal for industries like Stock Market. For Stock Market, MultiCharts is a better choice. If you are confused between Spider IRIS Plus or MultiCharts, you can also check if the software has customizable modules for your industry. Industry-specific functionalities will ensure higher efficiency and ROI. However, do check for the hidden price, is any.

Which Is Better? - Spider IRIS Plus or MultiCharts

Spider IRIS Plus and MultiCharts can be used for different purposes and are well-suited for teams with specific needs. If you are looking for a platform that is easy to use, has low barriers to entry, and offers a lot of customization, flexibility, and integration options, then you must compare their specifications in detail at the time of demo. Compare Spider IRIS Plus and MultiCharts during demo to decide which one is best for your business.

Author: Techjockey Team

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