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Currencyapi.com VS Infoway

Compare Currencyapi.com VS Infoway and see what are their differences

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Contents:
  1. ยป Base Details
  2. ยป Reviews
  3. ยป Alternatives

Currencyapi.com logo Currencyapi.com

Currencyapi.com is a free, reliable & feature complete currency exchange rates API. 170+ world currencies & 60 second update rate.

Infoway logo Infoway

Infoway API provides high-frequency real-time market data covering stocks, forex, cryptocurrencies, and commodity futures. Start your free trial today!
  • Currencyapi.com Landing page
    Landing page //
    2023-02-08
  • Infoway Website
    Website //
    2026-06-17

Infoway API is a real-time financial market data API designed for developers, quantitative traders, and fintech firms to access live, high-frequency data. It addresses the need for low-latency, comprehensive market data that supports fast trading decisions and advanced financial applications.

What Makes Infoway API Stand Out

  • Extensive Market Coverage: Provides tick-by-tick and Level 2 data across stocks (US, Hong Kong, China A-Shares), forex currency pairs, cryptocurrencies from over 30 exchanges, and commodities futures such as precious metals and energies.
  • High-Performance Streaming: Uses WebSocket for real-time data push with millisecond latency, enabling timely arbitrage, high-frequency trading, and market monitoring.
  • Unified API Interface: Simplifies integration with a single API for global markets, backed by clear documentation and SDKs in popular languages like Python, Java, PHP, and JavaScript.
  • Deep Historical Data: Offers tick-level historical prices and candlestick data to support accurate backtesting and quantitative analysis.
  • Scalable Solutions: Suitable for individual developers, quant teams, and institutional-grade trading platforms requiring a stable and reliable data foundation.

Currencyapi.com

Website
currencyapi.com
Pricing URL
Official Currencyapi.com Pricing
$ Details
freemium $9.99 / Monthly
Release Date
-
Edit details

Infoway

Website
infoway.io
Pricing URL
Official Infoway Pricing
$ Details
freemium $99 / Monthly (120 API calls /min. Subscribe up to 200 symbols via WebSocket.)
Release Date
2025 June
Edit details

Currencyapi.com features and specs

  • Comprehensive Currency Data
    Currencyapi.com provides extensive data on global currencies, covering both historical and real-time information, which is useful for businesses and developers needing detailed financial data.
  • User-Friendly API
    The API is designed to be easy to integrate and use, with clear documentation and examples, making it accessible for developers of varying skill levels.
  • Reliability
    The service is known for high uptime and reliable data delivery, ensuring that users have dependable access to currency information when they need it.
  • Scalable Solutions
    Currencyapi.com offers various pricing tiers and subscription plans, allowing users to choose a plan that suits their data needs and budget, making it suitable for both small businesses and large enterprises.

Possible disadvantages of Currencyapi.com

  • Pricing
    For smaller businesses or independent developers, the pricing might be a bit steep compared to other free or cheaper alternatives, especially if high request volumes are needed.
  • Limited Free Tier
    The free tier may have limitations on the number of requests or the types of data available, which might not be sufficient for users with more demanding requirements.
  • Feature Overlap
    Some users might find that the features offered overlap with those provided by other financial data services they already subscribe to, which could lead to redundant subscriptions.
  • Data Update Frequency
    While real-time data is available, there can be limitations on how frequently data updates occur in lower-tier plans, which might not meet the needs of users requiring up-to-the-second currency data.

Infoway features and specs

  • Wide Coverage
    Access over 30,000 trading assets to meet your diverse needs.
  • Realtime Updates
    High-frequency WebSocket push with millisecond latency.
  • Historical Data Access
    Tick-level historical data for robust and accurate strategy backtesting.

Analysis of Infoway

Overall verdict

  • Infoway.io appears to be a software/web development and IT outsourcing company offering custom development, staffing, and technology consulting services. Based on available information, it seems to be a legitimate service provider suitable for businesses seeking outsourced development resources, though as with any outsourcing partner, due diligence on specific project fit, communication practices, and client references is recommended before committing.

Why this product is good

  • Offers custom software and web development services
  • Provides IT staffing and outsourcing solutions for businesses
  • May offer competitive pricing compared to in-house hiring in certain markets
  • Can provide flexibility in scaling development teams based on project needs

Recommended for

  • Businesses looking to outsource software development projects
  • Companies needing to supplement in-house teams with external developers
  • Startups seeking cost-effective development resources
  • Organizations requiring specific technical expertise on a project basis

Category Popularity

0-100% (relative to Currencyapi.com and Infoway)

Currencyapi.com

Infoway

APIs
100 100%
APIs
0% 0
Finance
77 77%
Finance
23% 23
Currency Exchange API
100 100%
Currency Exchange API
0% 0
API
0 0%
API
100% 100

User comments

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What are some alternatives?

When comparing Currencyapi.com and Infoway, you can also consider the following products

Fixer.io - Fixer provides a free, simple, and lightweight API for current and historical foreign exchange rates and currency conversion. The API tracks rates published daily by the European Central Bank.

Polygon.io - Polygon.io offers streaming realtime data for stocks/equities, ETFs, Indecies and Forex/Currencies including crypto currencies. Our Real-Time Stock Data APIs help you build the future on fintech.

Exchangeratesapi.io - Simple API for Global Currency Exchange Rates

Alpha Vantage - Alpha Vantage offers free APIs in JSON and CSV formats for realtime and historical stock and forex data, digital/crypto currency data and over 50 technical indicators.

ExchangeRate-API - An easy to use, free & reliable Exchange Rate API trusted by tens of thousands of developers since 2010!

Twelve Data - The simplest and most effective way to access both realtime and historical stock, forex, cryptocurrency data, and over 100 technical indicators.

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