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ExchangeRate-API VS FxSocket

Compare ExchangeRate-API VS FxSocket and see what are their differences

ExchangeRate-API

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

Rating
0 reviews
Pricing
Open source Freemium Free trial $10 / Monthly (Pro)
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Alternatives Is it good?
FxSocket

Trade, stream prices and read positions on any MT4/MT5 account from your code. REST and WebSocket, fully cloud hosted.

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Rating
0 reviews
Pricing
Paid €12 / Monthly
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Alternatives Is it good?
Finsepa
Bring your portfolios together, understand what drives your returns, and track your progress toward your goals — with research tools to explore every investment further. sponsored

Which is more popular?

APIs popularity
88% vs 12%
alternatives listed
35 vs 5

Base details

Website, pricing, platforms and company facts side by side.

ExchangeRate-API
FxSocket
Website exchangerate-api.com fxsocket.com
Pricing
Open source Freemium Free trial $10 / Monthly (Pro) Official pricing
Paid €12 / Monthly Official pricing
Platforms
REST API
—
Listed in
Currency Exchange Finance APIs Currency Exchange API +1
Trading Forex APIs Developer Tools Algorithmic Trading Finance +3

About ExchangeRate-API and FxSocket

In their own words, as submitted to SaaSHub.

ExchangeRate-API
FxSocket

ExchangeRate-API.com offers an easy-to-use JSON currency conversion API with unlimited free requests. The service supports all 160 major currency codes and an incredibly accessible API request format. ExchangeRate-API has been a popular option for developers to get exchange rate data since 2010!

Read more about ExchangeRate-API

FxSocket turns any MetaTrader 4 or MetaTrader 5 account into a REST and WebSocket API. You connect an account with your broker login, and FxSocket starts to connect it for you in the cloud. Your code talks to that account over HTTPS: place, modify and close orders, read balance, positions and...

Read more about FxSocket

Features and specs

What each product offers, as listed by its team.

ExchangeRate-API 2 features
FxSocket 6 features
  • Free Trial
    100% free forever basic plan
  • Easy to Set-up and use
    Instant start & easy API request formats
  • Platforms Supported
    MetaTrader 4 and MetaTrader 5
  • Brokers Supported
    Any broker that offers MT4 or MT5
  • SDKs
    Python (pip install fxsocket) and Node.js/TypeScript (@fxsocket/sdk)
  • API keys
    Full-access or account scoped and read-only keys available
  • AI agents
    Read-only MCP server for AI assistants
  • Multi-account trading
    Send one order to many accounts, close positions by selector

Category popularity

How often each product is chosen within a category, 0–100% relative to the other.

Score bands 0–20 21–40 41–50 51–60 61–100
ExchangeRate-API
FxSocket
88% 88%
APIs
12% 12%
87% 87%
Finance
13% 13%
0% 0%
Trading
100% 100%
100% 100%
Currency Exchange
0% 0%

User comments

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Alternatives to ExchangeRate-API and FxSocket

When comparing ExchangeRate-API and FxSocket, you can also consider the following products.

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