Software Alternatives, Accelerators & Startups

Exchangeratesapi.io VS Infoway

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

Exchangeratesapi.io logo Exchangeratesapi.io

Simple API for Global Currency Exchange Rates

Infoway logo Infoway

Infoway API provides high-frequency real-time market data covering stocks, forex, cryptocurrencies, and commodity futures. Start your free trial today!
  • Exchangeratesapi.io Landing page
    Landing page //
    2023-07-02

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

  • 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.

Infoway

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

Exchangeratesapi.io features and specs

  • 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 of Exchangeratesapi.io

  • 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.

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 Exchangeratesapi.io and Infoway)
APIs
100 100%
0% 0
Finance
84 84%
16% 16
Currency Exchange
100 100%
0% 0
API
0 0%
100% 100

User comments

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Social recommendations and mentions

Based on our record, Exchangeratesapi.io seems to be more popular. It has been mentiond 19 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.

Exchangeratesapi.io mentions (19)

  • 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 / over 2 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, Tailwind and uses Cloudflare Pages. - I hope getting an Android app also, but still confused about the best stack. (CapacitorJS, Kotlin) [1] - Source: Hacker News / over 2 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 / almost 3 years ago
  • How to deal with international customer currencies in stripe integration
    Also, you can do conversion outside of Stripe using an external API, e.g. fixer.io, exchangeratesapi.io etc. Source: over 3 years ago
  • 10 beginner-friendly JavaScript projects
    For this project, you can use one of these two web services: https://fixer.io/, https://exchangeratesapi.io/. These services are generally paid, but both have a free tier that you can use. - Source: dev.to / almost 4 years ago
View more

Infoway mentions (0)

We have not tracked any mentions of Infoway yet. Tracking of Infoway recommendations started around Jun 2026.

What are some alternatives?

When comparing Exchangeratesapi.io 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.

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

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.

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

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