A Trading News Terminal alternative that measures the surprise
Trading News Terminal is a browser news terminal with a free plan and a Pro plan that adds a real-time feed, live TV, a screener and AI tools. It colour-codes a release as a beat or a miss. If you trade US data and rates, you want the size of the surprise as a number and the Treasury auction read, and that is where the two differ.
Price does not settle this one. Trading News Terminal Pro is €40 a month plus VAT where applicable, and Helious Pro is $39.99 a month. What differs is what the plan buys. Trading News Terminal adds 7 live TV channels, a market screener, insider trades, AI news analysis and Telegram alerts, and its free news feed runs 5 minutes behind where the Helious free tier runs an hour behind. Helious scores every US release on print in standard deviations, reads every Treasury auction within seconds with the tail and a verdict, and includes an API, a WebSocket stream and an MCP server in the same plan.
Side by side
| Helious | Trading News Terminal | |
|---|---|---|
| Monthly price | $39.99 / month | €40 on Pro, plus VAT where applicable |
| Cost per year | $199 a year with the current yearly offer, or about $480 paid monthly | €360 on Pro, paid yearly |
| Free tier | Yes, no card required | Yes, Basic at €0, no card required |
| News delay on the free tier | An hour behind | 5 minutes behind |
| Written news feed | Yes, every item scored as it lands | Yes, real time with zero delay on Pro |
| Economic calendar | Yes, forecast, prior and live result | Yes, live releases, colour-coded beat or miss |
| Standard deviation surprise scoring | Yes, every US release scored on print | No numeric surprise score described on its site |
| Treasury auction results | Yes, tail, bid to cover and bidder split in seconds | Not listed on its site |
| API for your own code | Yes, included, with a WebSocket stream on Pro | Not listed on its site |
| MCP server for AI assistants | Yes, 26 tools, included | Not listed on its site |
| Live audio squawk | Yes, on Pro | Yes, Live Squawk on Pro |
| Alerts | Yes, per symbol and threshold, in the terminal on Pro | Sound alerts on Basic; Telegram alerts on Pro, up to 50 a day |
| Live TV channels | Not included | Yes, 7 channels on Pro |
| Stock screener and insider trades | Not included | Yes, Market Screener and SEC Form 4 insider trades on Pro |
| Interface languages | English | 6 languages |
Where each one wins
- The free plan is closer to live. Its free news feed runs 5 minutes behind, and the Helious free tier runs an hour behind.
- Pro carries 7 live TV channels, a market screener and insider trades from SEC Form 4. Helious has none of the three.
- AI News Analysis, an AI Daily Playbook and Telegram alerts, up to 50 a day, come with Pro.
- The interface comes in 6 languages. Helious is in English only.
- Every US release is scored on print in standard deviation surprise terms, so a small miss on a quiet series does not read like the same miss on CPI. A beat or miss colour cannot tell you that.
- A Treasury auction is read within seconds, with the tail, the bid to cover, the bidder split and a verdict of strong, in line or weak.
- An API, a WebSocket stream and an MCP server with 26 tools are included in Pro, so your own code or an AI assistant reads the same data you do.
- The market reaction sits beside the headline, so you can see whether the tape agreed with the number.
Which should you choose
Go with Trading News Terminal if you want live TV, a screener, insider trades and Telegram alerts beside the headlines, you want the interface in one of its 6 languages, or you want a free feed that is only 5 minutes behind.
Go with Helious if you trade US data, rates or index futures, you want every release scored and every auction read, and you want an API or an AI assistant reading the same data.
FAQ
How much does Trading News Terminal cost?
Is Helious cheaper than Trading News Terminal?
Does Trading News Terminal score economic releases?
Does Trading News Terminal have an API or Treasury auction results?
Can I use both?
There is a longer piece on what is the best financial news source if you want the whole category. Or go and look at the live news feed, the economic calendar and the Treasury auction results.
Competitor names are the trademarks of their respective owners. Prices shown are approximate list prices as of November 2026 and change without notice. Check each provider for current pricing. This is our own view of the market, offered as general information and not financial advice.