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google adwords keyword search tool is what I always use

Google Adwords

Note: The competition is not the level of how many sites there are but the competition from advertisers offering bids for that particular search

+1 on Google Adwords.

I've been using it for almost a year now.

I use the adwords keyword tool too. I thought there might be something better out there. But maybe not.

I also Use Google Keyword tool for this purpose.

I find Google Adwords as an important tool for keywords research. Effective use of adwords will help a lot in getting more sales with lower costs.

Indeed, Google Keyword Tool is the #1 method for finding relevant keywords, but very often using alternative mechanisms of keyword research results in coming up with less obvious yet profitable keywords. Some of these methods are:

*Competition research (words from meta tags of competing websites can be a clue, as well as titles, URLs and other on-page elements);

*Google Analytics (Traffic Sources -> Search Engine Optimization -> Queries section lets utilizing keywords that already drove traffic from search engines);

*Google, Bing and Yahoo Related Searches;

*Google, Bing and Yahoo suggestions from the search box;

*Independent tools – SEMRush, Keyword Discovery, WordTracker, Ubersuggest.

As for the question
Yes, you can do that in WebMeUp. The tool uses 10+ mechanisms of keyword research, provides powerful keyword suggestions and shows the important metrics to look at while choosing the best keywords.

Specifically, WebMeUp shows number of searches for every keyword, competition (the number of pages competing for the keyword in the selected search engine) and keyword efficiency index. The latter is calculated as competition to number of searches ratio and lets picking up the most promising keywords to optimize your site for.

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You can try ubbersuggest instead of Google Keyword Tool.