Morningstar Direct vs. Shrimpy

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Morningstar Direct
Score 9.0 out of 10
N/A
Morningstar headquartered in Chicago offers Morningstar Direct, an investment portfolio managment application focusing on financial and risk analysis.N/A
Shrimpy
Score 7.0 out of 10
N/A
Shrimpy, headquartered in Santa Clara, is a social trading platform for cryptocurrency. It is presented as a simple way to manage a portfolio by automating the user's trading strategy.
$19
per month
Pricing
Morningstar DirectShrimpy
Editions & Modules
No answers on this topic
Starter
$19
per month
Professional
$79
per month
Enterprise
$299
per month
Offerings
Pricing Offerings
Morningstar DirectShrimpy
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details20% discount available for annual pricing.
More Pricing Information
Community Pulse
Morningstar DirectShrimpy
User Ratings
Morningstar DirectShrimpy
Likelihood to Recommend
9.0
(1 ratings)
7.0
(1 ratings)
User Testimonials
Morningstar DirectShrimpy
Likelihood to Recommend
Morningstar
Morningstar Direct is great for classifying funds in order of performance and has a huge database to check against. Pretty much every category you can imagine is covered. It is best for research and analyzing before making big decisions. The interface is fairly clean and relatively simple to use.
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Shrimpy
Shrimpy is a good visual aid but it lacks some key features, such as a mobile app.
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Pros
Morningstar
  • Best for research.
  • Analyst reporting is fantastic.
  • The ability to look at a wide variety of assets is great.
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Shrimpy
  • Connects accounts.
  • Automate trading however i don't use this currently.
  • Copy trades etc.
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Cons
Morningstar
  • The system is sometimes slow.
  • Glitchy and sometimes hard to use.
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Shrimpy
  • No financial security.
  • No mobile app (yet).
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Alternatives Considered
Morningstar
Morningstar is slightly more buggy and laggy. But includes far more data and is more trusted.
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Shrimpy
Shrimpy is simpler to use, and the portfolio rebalancing to adjust to market movements is its best asset. This was used for stocks and shares prior and works in a similar way with crypto. Not sure as to the long-term gains this will provide but the theory stacks up.
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Return on Investment
Morningstar
  • Returns not yet realised.
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Shrimpy
  • Crypto has taken a hit so ROI is negative at the moment but it will go back up.
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ScreenShots