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Exchangeratesapi.io VS FxSocket

Compare Exchangeratesapi.io VS FxSocket and see what are their differences

Exchangeratesapi.io

Simple API for Global Currency Exchange Rates

Rating
0 reviews
Pricing
Open source
Promote on VibeVoted
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
Promote on VibeVoted
Alternatives Is it good?
TraderPier
Practice and test a strategy, then trade it live, all in one place. Spyglass, the AI quant on your desk, knows your chart and your trades. US stocks and ETFs. sponsored

Which is more popular?

Based on our record, Exchangeratesapi.io seems to be more popular. It has been mentioned 19 times since March 2021.

social mentions
19 vs 0
APIs popularity
91% vs 9%
alternatives listed
45 vs 5

Base details

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

Exchangeratesapi.io
FxSocket
Website exchangeratesapi.io fxsocket.com
Pricing
Open source Official pricing
Paid €12 / Monthly Official pricing
Company 2026 —
Listed in
APIs Currency Exchange Currency Exchange API Finance +1
Trading Forex APIs Developer Tools Algorithmic Trading Finance +3

About Exchangeratesapi.io and FxSocket

In their own words, as submitted to SaaSHub.

Exchangeratesapi.io
FxSocket

ExchangeRatesAPI.io provides reliable exchange rate and currency conversion data through an easy-to-integrate API for websites, applications, and businesses.

Read more about Exchangeratesapi.io

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.

Exchangeratesapi.io 5 features
FxSocket 6 features
  • Free Tier
    Provides a free tier that allows users to access basic currency exchange rate functionalities, which is beneficial for individuals or businesses with limited requirements.
  • Comprehensive Currency Support
    Supports a wide range of currencies, enabling users to access exchange rates for most, if not all, of the currencies they might need.
  • Historical Data Access
    Offers access to historical exchange rates, which can be useful for analysis and comparison over time.
  • API Documentation
    Provides detailed API documentation, making it easier for developers to integrate and use the service effectively.
  • HTTPS Secure Connection
    Ensures data encryption and secure data transmission with HTTPS, protecting users' data from potential cyber threats.

Possible disadvantages

  • Limitations on Free Tier
    The free tier may have limitations on the number of API requests or the accessibility of certain features.
  • Potential Downtime
    As with many web-based services, there may be periods of downtime or slower response times, which can affect data retrieval.
  • Access to Premium Features
    Some advanced features may only be available to paying users, which could require an upgrade to a premium plan for full functionality.
  • Data Accuracy
    While generally reliable, there can be discrepancies in exchange rate data, and critical financial decisions should be validated with multiple sources.
  • Dependency on Third-Party Service
    Reliance on a third-party service for exchange rates can pose a risk if the service experiences issues or policy changes.
  • 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
Exchangeratesapi.io
FxSocket
91% 91%
APIs
9% 9%
100% 100%
Currency Exchange
0% 0%
0% 0%
Trading
100% 100%
89% 89%
Finance
11% 11%

User comments

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Social recommendations and mentions

Recommendations tracked on public social media and blogs since March 2021.

Exchangeratesapi.io 19 mentions
FxSocket 0 mentions
  • 10 realtime data sources you won't believe are free!
    Exchange Rate: Their REST API interface delivers currency exchange rate data for hundreds of currencies, allowing up to 1,000 monthly requests for free. - Source: dev.to / almost 3 years ago
  • Show HN: Traveler's currency conversion based on location (iOS)
    - Currency: I use a free tier to hourly 'cache' on the repo, latest rates based on https://exchangeratesapi.io [2] (for basic traveler's currency I find this a reasonable balance) - The landing page website [3] is made with SvelteKit,... - Source: Hacker News / almost 3 years ago
  • Why my favourite API is a zipfile on the European Central Bank's website
    Here's an API built on top of this data that allows for more fine tuned queries. https://exchangeratesapi.io/ https://github.com/exchangeratesapi/exchangeratesapi. - Source: Hacker News / about 3 years ago

View more

Tracking FxSocket since Oct 2026.

Alternatives to Exchangeratesapi.io and FxSocket

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