When comparing Rocket.Chat vs Echofin, the Slant community recommends Rocket.Chat for most people. In the question“What is the best team chat software?” Rocket.Chat is ranked 8th while Echofin is ranked 33rd. The most important reason people chose Rocket.Chat is:
Rocket.Chat is available for free. It's licensed under the MIT license with source code available on [GitHub](https://github.com/RocketChat/Rocket.Chat).
Ranked in these QuestionsQuestion Ranking
Pro Free and open source
Rocket.Chat is available for free. It's licensed under the MIT license with source code available on GitHub.
Pro Supports a wide variety of authentication methods
In addition to the usual email / username + password combination, Rocket.Chat supports authenticating via Facebook, Github, Gitlab, Google, Linkedin, Meteor and Twitter accounts.
Pro Understands markdown better than Slack does.
Links work properly, for instance, with square brackets followed by parentheses.
Pro Native apps for all major desktop and mobile platforms
Rocket.Chat has native apps for macOS, Windows, Linux, iOS and Android.
Pro Very active and helpful community
Pro Video conferencing support
Rocket.Chat supports video calls.
Pro Powerful financial widgets
In-app widgets, such as an economic event calendar and news feed, are available.
Pro Beautiful UI
Pro Talking twitter widget
Pro Chat software specifically for trading teams
Pro Integrated billing solution
Pro Screen sharing
Pro Ability to add pay-to-access content
You can host pay-to-access webinars.
Pro Third-party integrations
For example, you can integrate the app with your MT4 web client.
Pro HD video streaming
Pro Mobile, web and desktop apps
Pro Admins have full moderation and user control
Con No theme customization
Con No chat audit for enterprise
Con Poor security implementations / protocols
Con No web browser support
Con Email required for registration
Con iOS app is poorly made
The iOS application is not native, being just a browser container. This means that the UX is quite poor, slow, buttons unresponsive. At this moment they do not provide a decent experience.
Con Android app is poorly made
The Android application is just a badly wrapped web-view which does not perform well and has no form of offline caching whatsoever.
Con Privacy settings are absent
Privacy settings for the server are absent, for instance, you don't have the ability to disable registrations, there's no way to control access to the chat.
Con Features not available out of the box
Con No way to block new registrations
Without the ability to disable registrations, there's no way to control access to the chat.