Software Alternatives, Accelerators & Startups

XE.com VS Twelve Data

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

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XE.com logo XE.com

XE.com Inc. (XE) is a Canadian online foreign exchange services company.

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.
  • XE.com Landing page
    Landing page //
    2023-05-11
  • Twelve Data Landing page
    Landing page //
    2023-09-23

XE.com features and specs

  • Comprehensive Currency Information
    XE.com offers extensive data on global currencies, including live exchange rates, historical charts, and weekly/monthly trends.
  • User-Friendly Interface
    The website and app feature an intuitive design that makes it easy to navigate and find the information you need quickly.
  • Global Money Transfers
    XE.com provides a reliable platform for international money transfers, with competitive rates and low fees.
  • Mobile App Availability
    The XE app is available for both iOS and Android, allowing users to access currency information and perform transactions on the go.
  • Trustworthy and Reliable
    XE.com is considered a reputable source for currency data and has been trusted by millions of users worldwide for many years.
  • Multi-Language Support
    The website supports multiple languages, making it accessible to a broader audience.

Possible disadvantages of XE.com

  • Account Setup Required for Transfers
    Users must set up an account and verify their identity to take advantage of the money transfer services, which can be time-consuming.
  • Service Fees
    While XE.com offers competitive rates, there are still fees associated with currency conversion and money transfers that may add up.
  • Limited Payment Options
    The platform may not support all types of payment methods, which could be inconvenient for some users.
  • Transfer Times
    International money transfers can take a few days to process, which might not be ideal for urgent transactions.
  • Exchange Rate Fluctuations
    Like all foreign exchange services, XE.com is subject to real-time market fluctuations, which may affect the final rate you receive.
  • Geographical Restrictions
    Certain countries and regions may have limited or no access to some of the services offered by XE.com due to local regulations.

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.

Analysis of XE.com

Overall verdict

  • XE.com is generally considered reliable and user-friendly, making it a good choice for currency conversion and information needs. Its reputation for accuracy and its easy-to-use interface add to its appeal for both individuals and businesses.

Why this product is good

  • XE.com is a well-known online platform that provides currency exchange rate information and international money transfer services. It is favored for its comprehensive and up-to-date currency conversion tools, which are particularly useful for businesses, travelers, and anyone dealing with multiple currencies. The platform offers various features like historical charts, rate alerts, and a mobile app for convenience on the go.

Recommended for

  • Travelers needing quick and reliable currency conversion
  • Businesses involved in international transactions
  • Individuals sending money internationally at competitive rates
  • Anyone interested in tracking historical currency exchange rates

XE.com videos

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Twelve Data videos

Twelve Data Demo Review

Category Popularity

0-100% (relative to XE.com and Twelve Data)
Online Payments
100 100%
0% 0
Finance
66 66%
34% 34
Payment Platform
100 100%
0% 0
Finance Data API
0 0%
100% 100

User comments

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Reviews

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

XE.com Reviews

Top 7 Wise Alternatives
Like Wise, XE is very focused on online transactions. So this is best for those who want to perform quick online transfers without personal support from a representative.
Source: transumo.com

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.

    ๐Ÿ Competitors: Alpha Vantage, Polygon.io
    ๐Ÿ‘ Pros:    Equity data|Forex|Crypto|Affordable|Reliable

Social recommendations and mentions

Based on our record, XE.com seems to be a lot more popular than Twelve Data. While we know about 143 links to XE.com, we've tracked only 8 mentions of Twelve Data. 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.

XE.com mentions (143)

  • XE.com - Get a ยฃ25 Gift Card with XE Money Transfer for ยฃ1000 transfer + ยฃ25 Gift Card per referral
    Xe.com - non-referral link (for non referral do not enter any code but you will get no giftcard bonus). Source: almost 2 years ago
  • Monzo vs Revolut vs Wise vs others
    I took a look at the live comparison right now for GBP to EUR for xe.com, Wise & HSBC GM for 1k GBP:. Source: about 2 years ago
  • 0-1 Year Treasuries ETF - Currency Hedged
    And then substracted the currency difference over a year with xe.com:. Source: over 2 years ago
  • Preordering from Amazon.com
    That is absolutely the USD price. it's $74.36 Sinagpore dollars according to xe.com. Source: over 2 years ago
  • Why Does AA Charge More Based On Country Of Residence?
    The US Security Fee is dead on according to xe.com with $5.60 USD = $7.40 CAD = ยฃ4.40 GBP. Source: over 2 years ago
View more

Twelve Data mentions (8)

  • 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 / 5 months ago
  • Top 5 Free Financial Data APIs for Building a Powerful Stock Portfolio Tracker โšก
    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 / 8 months 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: almost 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 3 years ago
  • Weekend Discussion Thread for the Weekend of May 06, 2022
    Twelve Data has a free one but don't know how good it is. u/flarmster that's the one I was talking about. Do you know a better one? Source: over 3 years ago
View more

What are some alternatives?

When comparing XE.com and Twelve Data, you can also consider the following products

ProPay - ProPay is a multiple payment making service provider that lets its users to make payment to anyone in any part of the world.

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.

ACE Money Transfer - ACE Money Transfer is a web-based money transfer service for sending money easily and in a hassle-free mode.

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.

PayPal Braintree - An all-in-one solution to accept, process, and split payments in your mobile app or online - from small business to large enterprise.

BloombergView - A new consumer-focused and mobile-friendly opinion site