Pricing
The difference is who builds the board.
Free gives you 12 boards that I build and keep current. Pro lets you build your own. Everything else follows from that.
Free
The boards I built
12 complete boards covering scores, positioning, rates, macro, seasonality and research. Fixed layout: you read them, you do not rearrange them. No card, no expiry.
Pro
The terminal you build
Every widget in the library, arranged how you want, saved across devices, plus the AI layer, the extracted bank calls and full positioning depth.
Before the number
What it replaces.
Assembled separately, the same inputs are either expensive or not sold to a private trader at any price.
~$2,000
a month for a data terminal of this class
Not sold
direct sell-side research access, at retail, at any price
~$100
a month for a squawk or newswire service
1 to 2 hrs
a day reading and cross-checking it yourself
Pick a tier.
Free
$0forever
No card required. No expiry. Not a trial.
- 12 complete boards, using 55 of the 98 widgets
- Composite scores on all 24 markets, with every driver
- COT and retail positioning, extremes and week-on-week change
- Economic calendar, macro matrix and release history
- Central bank stance and priced rate path, 8 banks
- Seasonality, currency strength and score history
- Bank consensus across desks, and per-bank views
- The daily need-to-know brief
- Charts, watchlist and the Squawk members room
Pro Most popular
$49a month
$40.83a month
$490 a year saves $98, which is 2 months free.
Billed $490 once a year. 2 months free against monthly.
- My Terminal. Build and save your own boards and workspaces from the full widget library
- The AI layer. Pair explains, news explains, portfolio briefings and chat
- The research inbox. Every original report, indexed by institution and readable inline
- Extracted bank calls. Forecasts and trade calls pulled out of each report
- The WT Wire. The corroborated newswire, plus full article bodies
- The full reports. The complete daily and weekly written reports
- The situation monitor. Running geopolitical events tracked as situations
- Squawk, in full. Post structured trade ideas and attach charts
7 days, card required, 1 per account. Cancel before it ends and you are not charged.
What Pro is really for
Build the screen you actually work from.
The 12 free boards are how I read the market. They are not how you read it. My Terminal gives you the full library of 98 widgets across 15 categories and an empty grid.
Drag in what you use, size it how you want, name the tabs, save as many workspaces as you need. It follows you across devices and it stays exactly as you left it. If you cancel later, the boards you built are kept rather than deleted.
This is the wall most people hit first, and it is the reason most of them upgrade.
Line by line
Everything, compared honestly.
Including the parts where free is genuinely limited. A comparison table that says yes to everything is not a comparison table.
| Feature | Free | Pro |
|---|---|---|
| Boards and layout | ||
| WatchTower boards, built and maintained for you | 12 boards | All boards |
| My Terminal: build and save your own boards | — | ✓ |
| Widgets you can actually use | 55 of 98 | All 98 |
| Multiple workspaces, saved across devices | — | ✓ |
| Scores and analysis | ||
| Composite score on all 24 markets | ✓ | ✓ |
| Every score driver, with published weights | ✓ | ✓ |
| Pair heatmap across every G10 pairing | ✓ | ✓ |
| Currency strength index and driver matrix | ✓ | ✓ |
| Conviction check against your open positions | ✓ | ✓ |
| Score history per asset | ✓ | ✓ |
| Positioning | ||
| COT positioning, table, chart and extremes | ✓ | ✓ |
| Week-on-week change and 52 week percentile | ✓ | ✓ |
| Retail crowding, read contrarian | ✓ | ✓ |
| Retail against smart money | ✓ | ✓ |
| Research and ideas | ||
| Bank consensus snapshot across desks | ✓ | ✓ |
| Per-bank views | ✓ | ✓ |
| The trade idea scanner | ✓ | ✓ |
| Opening a pair from the scanner | — | ✓ |
| The research inbox, original reports readable inline | — | ✓ |
| Bank forecasts and extracted trade calls | — | ✓ |
| Macro and rates | ||
| Central bank stance and priced path, cross-bank boards | ✓ | ✓ |
| Per-bank boards, one for each central bank | — | ✓ |
| Economic calendar, countdown and recent releases | ✓ | ✓ |
| Macro matrix and release history | ✓ | ✓ |
| Seasonality and forward path | ✓ | ✓ |
| Treasury yields and the curve | — | ✓ |
| Reports, news and AI | ||
| The daily need-to-know brief | ✓ | ✓ |
| The full daily and weekly written reports | — | ✓ |
| The WT Wire, corroborated newswire | — | ✓ |
| Trending headlines and full article bodies | — | ✓ |
| Currency themes and the narrative tracker | — | ✓ |
| Situation monitor for running geopolitical events | — | ✓ |
| AI reads: pair explain, news explain, portfolio briefing, chat | — | ✓ |
| Alerts | — | ✓ |
| Charts and community | ||
| WT advanced chart with score and COT overlays | ✓ | ✓ |
| Watchlist and portfolio | ✓ | ✓ |
| Risk regime and market status | ✓ | ✓ |
| Squawk members room, read and post | ✓ | ✓ |
| Post structured trade ideas and attach charts | — | ✓ |
Questions
Before you decide.
What is the difference between free and Pro?
Free gives you 12 boards that I build and maintain, drawing on 55 of the 98 widgets. Pro lets you build your own boards from all 98, and adds the research inbox, the full daily and weekly reports, the WT Wire, the extracted bank calls, the situation monitor and the AI reads. The board builder is the main one.
Is the free tier a trial?
No. Free is free forever. No card, no expiry, no countdown. The 7 day Pro trial is a separate thing you can start whenever you want, and you never have to.
Why is it $49 and not less?
Because the inputs cost money. Sell-side research, positioning data, rate expectations and the wire are paid feeds, and a terminal of this class normally runs into four figures a month. $49 is what covers the data and keeps the product being developed by someone who trades with it.
What happens when I cancel?
You drop back to the free tier at the end of the billing period. Your account stays open, the 12 boards keep working, and any boards you built with Pro are kept rather than deleted, so they are there if you come back.
How does the trial work?
7 days of full Pro. A card is required and there is one trial per account. Cancel before it ends and you are not charged.
Do you offer refunds?
Pro is month to month, so cancelling stops the next charge rather than requiring a refund. If something has gone wrong with a charge, email me and I will sort it.
Can I pay yearly?
Yes. $490 a year works out at $40.83 a month, which is 2 months free against paying monthly.
In short
WatchTower Terminal has two tiers. Free costs nothing, requires no card and does not expire: it gives 12 complete boards covering composite scores and their drivers, positioning, the economic calendar, central bank tracking, seasonality, the research inbox and the daily and weekly reports. Pro costs $49 a month or $490 a year and adds My Terminal, the board builder, plus the AI reads, the WT Wire, the research inbox, the full written reports, extracted bank calls and the situation monitor. A 7 day Pro trial is available, one per account, card required. Cancelling Pro returns the account to the free tier rather than closing it.