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Open Exchange Rates VS fxAPI

Compare Open Exchange Rates VS fxAPI and see what are their differences

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  3. » Alternatives

Open Exchange Rates logo Open Exchange Rates

Free, hourly-updated exchange rates - a simple, accurate, open-source JSON API. Free for personal use, a bargain for everybody else.

fxAPI logo fxAPI

fxapi.com is the premier forex API for developers and traders. With our easy-to-use platform, you can access real-time market data, analyze trends, and build custom indicators to make informed trading decisions.
  • Open Exchange Rates Landing page
    Landing page //
    2021-10-05
  • fxAPI Landing page
    Landing page //
    2022-12-09

fxapi.com is a powerful forex data API that provides real-time market data and analysis tools to help traders make informed decisions. With our user-friendly platform, you can easily access and track the latest market trends, customize indicators, and monitor your trades in real-time.

Our API offers a wide range of features, including:

Real-time market data: Get instant access to the latest forex prices, quotes, and trade volumes, with updates delivered in real-time.

Advanced analysis tools: Use our customizable indicators and analysis tools to identify trends, patterns, and opportunities in the forex market.

User-friendly interface: Our intuitive platform makes it easy to access and manage your data, with a clear and concise interface that allows you to focus on your trades.

Dedicated customer support: Our team of experienced forex traders is always available to answer your questions and provide support, ensuring that you have the tools and knowledge you need to succeed.

Open Exchange Rates features and specs

  • Comprehensive Currency Coverage
    Open Exchange Rates offers exchange rates for over 200 currencies, making it suitable for businesses that operate in multiple countries.
  • Historical Data Access
    Users have access to historical exchange rate data, which is useful for businesses needing comparison over time or analyzing trends.
  • Ease of Integration
    The platform provides easy integration with a simple, developer-friendly API, which supports a variety of programming languages and frameworks.
  • Regular Updates
    Exchange rates are updated frequently, every hour, helping businesses to access the most current data for their transactions.
  • Customizable Plans
    Open Exchange Rates offers a range of subscription plans tailored to different needs, from personal use to enterprise-level requirements.

Possible disadvantages of Open Exchange Rates

  • Subscription Costs
    While there is a free tier available, advanced features and higher usage limits require paid subscriptions, which may be costly for some users.
  • Limited Free Plan Functionality
    The free plan has limitations such as accessing only 1,000 requests per month and a limited number of currencies, which may not be sufficient for heavy users.
  • Lack of Real-Time Rates
    The exchange rates are updated hourly, which might not be adequate for users requiring real-time currency conversion information.
  • Dependency on API Stability
    As with any API, there is a dependency on the stability and reliability of Open Exchange Rates' service, and any downtime could affect business operations.

fxAPI features and specs

No features have been listed yet.

Category Popularity

0-100% (relative to Open Exchange Rates and fxAPI)

Open Exchange Rates

fxAPI

Finance
75 75%
Finance
25% 25
APIs
64 64%
APIs
36% 36
Currency Exchange
68 68%
Currency Exchange
32% 32
Currency Exchange API
61 61%
Currency Exchange API
39% 39

User comments

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Social recommendations and mentions

Based on our record, Open Exchange Rates seems to be more popular. It has been mentiond 10 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.

Open Exchange Rates mentions (10)

View more

fxAPI mentions (0)

We have not tracked any mentions of fxAPI yet. Tracking of fxAPI recommendations started around Dec 2022.

What are some alternatives?

When comparing Open Exchange Rates and fxAPI, 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.

FXRatesAPI - Your Gateway to Real-Time Exchange Rates

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

Freecurrencyapi.com - Freecurrencyapi.com is a free, reliable & feature-complete currency exchange rates API. 32 world currencies & daily update rates.

BestExchangeRates - Compare FX and save when you send or spend abroad

Currencylayer - Free and startup-friendly currency converter JSON API for real-time and historical exchange rates - reliable and accurate, supporting 168 world currencies.

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