---
title: "Trading News Terminal Alternative: Scored Data, Auctions"
description: "A Trading News Terminal alternative for US data and rates: releases scored in standard deviations, Treasury auctions, an API and an MCP server."
source: Helious
canonical: "https://helious.io/compare/trading-news-terminal"
---

Helious vs Trading News Terminal


# 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.


      The short answer
      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



    Where Trading News Terminal 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.


    Where Helious wins


- 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

### What is the best Trading News Terminal alternative?

It depends what you use it for. For live TV, a stock screener, insider trades and Telegram alerts there is no reason to leave it. If you trade US data, rates and Treasury auctions and want the surprise measured, Helious does that for $39.99 a month, with a free tier, and includes an API and an MCP server.

### How much does Trading News Terminal cost?

As of November 2026 its site lists Basic at €0, free forever with no card, and Pro at €40 a month plus VAT where applicable, or €360 a year. Its page also says "From €30/mo", which is the yearly price per month. Pro has a 7-day free trial that needs a card, and a separate Telegram Premium add-on is €19 a month. Check the vendor for current pricing.

### Is Helious cheaper than Trading News Terminal?

Not by the month. Helious Pro is $39.99 a month and Trading News Terminal Pro is €40 a month plus VAT where applicable. The two prices are close, in two currencies. The free tiers differ the other way round: its free news feed is 5 minutes behind and the Helious free tier is an hour behind. Choose on what the plan includes.

### Does Trading News Terminal score economic releases?

Its site says calendar results are colour-coded as a beat or a miss, and it does not describe a numeric surprise score. Helious returns the surprise in standard deviations on every US release the moment it prints, sized against how far that series normally misses.

### Does Trading News Terminal have an API or Treasury auction results?

Neither is listed on its site as of November 2026. Helious includes a REST API, a WebSocket stream on Pro and an MCP server with 26 tools, and it reads every Treasury auction within seconds with the tail, the bid to cover, the bidder split and a verdict.

### Can I use both?

Yes, and both have a free tier, so it costs nothing to try them side by side. Keep Trading News Terminal for the TV, the screener and the Telegram alerts, and use Helious for the scored releases, the auctions and the API.

    [Try the free tier &rarr;](https://helious.io/)
    There is a longer piece on [what is the best financial news source](https://helious.news/blog/what-is-the-best-financial-news-source) if you want the whole category.
      Or go and look at the live [news feed](https://helious.io/news), the
      [economic calendar](https://helious.io/calendar) and the
      [Treasury auction results](https://helious.io/auctions).


  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.
