Software Alternatives, Accelerators & Startups

Currencyapi.com VS Twelve Data

Compare Currencyapi.com VS Twelve Data and see what are their differences

Currencyapi.com logo Currencyapi.com

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

Twelve Data logo Twelve Data

The simplest and most effective way to access both realtime and historical stock, forex, cryptocurrency data, and over 100 technical indicators.
  • Currencyapi.com Landing page
    Landing page //
    2023-02-08
  • Twelve Data Landing page
    Landing page //
    2023-09-23

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.

Twelve Data features and specs

  • Comprehensive Data Coverage
    Twelve Data provides access to a wide range of financial data including real-time and historical data for stocks, ETFs, mutual funds, indices, and forex, which is beneficial for comprehensive market analysis.
  • Affordable Pricing
    Twelve Data offers a variety of pricing plans, including a free tier with essential features, which makes it accessible to individual developers and small businesses.
  • Ease of Use
    The API is designed to be user-friendly with well-documented endpoints, making it easy for developers to integrate the service into their applications.
  • High Scalability
    Twelve Data offers robust and scalable API solutions that can handle a large volume of requests, suitable for both small projects and large-scale applications.
  • Global Market Coverage
    The platform provides data from global markets, allowing users to access information from multiple exchanges around the world.

Possible disadvantages of Twelve Data

  • Limited Advanced Features
    While Twelve Data offers a wide range of basic and intermediate features, it may lack some of the advanced analytics and tools needed by experienced traders or larger financial institutions.
  • Rate Limits on Lower Tiers
    The free and lower-tiered plans come with rate limits that can be restrictive for users requiring frequent data access or handling high traffic.
  • Dependency on API Availability
    As with any third-party data provider, users are dependent on the API's uptime and reliability, which can impact applications if there are outages or downtime.
  • Potential Data Lag for Free Plan
    Users on the free plan may experience delays or less frequent updates compared to those on paid plans, which can be a drawback for time-sensitive applications.

Currencyapi.com videos

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Twelve Data videos

Twelve Data Demo Review

Category Popularity

0-100% (relative to Currencyapi.com and Twelve Data)
APIs
70 70%
30% 30
Finance
46 46%
54% 54
Currency Exchange API
100 100%
0% 0
Currency Exchange
100 100%
0% 0

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Currencyapi.com and Twelve Data

Currencyapi.com Reviews

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Twelve Data Reviews

  1. Best API for real-time financial data

    Straightforward to use and powerful API to get financial data in real-time and complete historical data. Best in class Python package.

    Competitors: Alpha Vantage, Polygon.io
    Pros:    Equity data|Forex|Crypto|Affordable|Reliable

Social recommendations and mentions

Based on our record, Twelve Data seems to be more popular. It has been mentiond 9 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Currencyapi.com mentions (0)

We have not tracked any mentions of Currencyapi.com yet. Tracking of Currencyapi.com recommendations started around May 2022.

Twelve Data mentions (9)

  • I Wanted Real-Time Stock Charts on My Garmin Watch. Monkey C Had Other Plans.
    I chose Twelve Data for stock and crypto prices. Free tier: 800 calls per day. My math: 5 symbols × 96 fetches/day (every 15 minutes) = 480 calls. Comfortable margin. - Source: dev.to / about 1 month ago
  • Building a Gold (XAUUSD) Trend Tracker with Python and SQLite
    I am using TwelveData forex API for Extraction of raw data from the financial markets in JSON format. - Source: dev.to / over 1 year ago
  • Top 5 Free Financial Data APIs for Building a Powerful Stock Portfolio Tracker ⚡
    Twelve Data provides extensive financial market coverage, making it ideal for those looking for a free API for building a stock portfolio tracker. - Source: dev.to / over 1 year ago
  • Webflow Crypto Market Data Ticker
    I'd suggest Twelve Data for the financial data feed, if you have a budget for this: https://twelvedata.com/. Source: over 2 years ago
  • Where can I find a free source of historical S&P500 index data at hourly intervals?
    You can use https://twelvedata.com/ they offer an API and their free plan allows 800 credits a day so over a number of days you could get what you need. Source: over 4 years ago
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What are some alternatives?

When comparing Currencyapi.com and Twelve Data, 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.

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.

Exchangeratesapi.io - Simple API for Global Currency Exchange Rates

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.

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

Financial Modeling Prep - Access all stocks discounted cash flow statements, market price, stock markets news, and learn more about Financial Modeling. Learn M&A, LBO, DCF, Comps, and Financial Statement Modeling thought concrete examples