Financial Modeling Prep VS OANDA
Head-to-head market data API comparison.
UPDATED 2026-05-24 · 7 axes scored
Quick Decision
▶ PICK FINANCIAL MODELING PREP IF DATA-API
- Fundamentals research
- Budget-conscious devs
- Multi-asset portfolio apps
- DCF / valuation tools
- 13F institutional tracking
▶ PICK OANDA IF DATA-API
- Forex algo traders
- FX backtesting (deep history)
- CFD automation
- EA developers
Side-by-Side Matrix
| METRIC | FINANCIAL MODELING PREP | OANDA |
|---|---|---|
| API Quality | 4/5 | 4/5 |
| Doc Quality | 4/5 | 4/5 |
| Data Latency | minute | tick |
| SDK Languages | 2 languages | 3 languages |
| Free Tier | Yes | Yes |
| Affiliate Program | No | Yes |
| Asset Coverage Breadth | 9 classes | 4 classes |
| Asset Coverage | US Equities · Global Equities · ETFs · Mutual Funds · Global Indices · Forex · Crypto · Commodities · Macroeconomic | Forex · CFDs · Commodities · Indices |
| Historical Depth | 5 years (free/Starter) to 30+ years (Premium+); 1-min intraday on Ultimate | 2001–present (FX tick and candle) |
| Starting Price | $0/mo | $0 |
| Rate Limits | Free: 250/day; Starter: 300/min; Premium: 750/min; Ultimate: 3,000/min | 120 req/sec on REST; no stated limit on streaming |
Asset Class Coverage
Where the two providers overlap and where each has unique coverage.
| ASSET CLASS | FINANCIAL MODELING PREP | OANDA |
|---|---|---|
| CFDs | — | ✓ Covered |
| Commodities | ✓ Covered | ✓ Covered |
| Crypto | ✓ Covered | — |
| ETFs | ✓ Covered | — |
| Forex | ✓ Covered | ✓ Covered |
| Global Equities | ✓ Covered | — |
| Global Indices | ✓ Covered | — |
| Indices | — | ✓ Covered |
| Macroeconomic | ✓ Covered | — |
| Mutual Funds | ✓ Covered | — |
| US Equities | ✓ Covered | — |
| TOTAL CLASSES | 9 | 4 |
Only Financial Modeling Prep
US Equities · Global Equities · ETFs · Mutual Funds · Global Indices · Crypto · Macroeconomic
Only OANDA
CFDs · Indices
Shared · 2
Forex · Commodities
Pricing Tier Map
Full tier ladder side-by-side · names and prices as published by each provider · 4 vs 2 tiers.
FINANCIAL MODELING PREP · 4 TIERS FREE TIER
01
Free $0/mo
250 calls/day, EOD only, 5-year history
02
Starter $22/mo
300 calls/min, US coverage, 5-year history, annual fundamentals
03
Premium $59/mo
750 calls/min, UK+Canada added, 30-year history, intraday, technicals
04
Ultimate $149/mo
3,000 calls/min, global coverage, 1-min intraday, 13F, transcripts, 150GB
▲ Free Tier · 250 calls/day, EOD only, 5-year history, 150+ endpoints
OANDA · 2 TIERS FREE TIER
01
Practice Account $0
Full API access on demo account
02
Live Account Spread-based
Live trading + full historical data API
▲ Free Tier · Free practice/demo account with full API access
Technical Stack Fit
SDK languages and data formats determine integration cost for your existing codebase.
| DIMENSION | FINANCIAL MODELING PREP | OANDA |
|---|---|---|
| API Types | REST · SDK | REST · WebSocket |
| SDK Languages | Python (community) · JavaScript (community) | Python · Java · JavaScript |
| Data Formats | JSON | JSON |
| Rate Limits | Free: 250/day; Starter: 300/min; Premium: 750/min; Ultimate: 3,000/min | 120 req/sec on REST; no stated limit on streaming |
| Latency Class | minute | tick |
Fit Profile
FINANCIAL MODELING PREP · PROFILE DATA-API
Best For
- Fundamentals research
- Budget-conscious devs
- Multi-asset portfolio apps
- DCF / valuation tools
- 13F institutional tracking
Not Ideal For
- Real-time HFT
- Tick-level order book
- Sub-second latency requirements
Full Financial Modeling Prep Review
OANDA · PROFILE DATA-API
Best For
- Forex algo traders
- FX backtesting (deep history)
- CFD automation
- EA developers
Not Ideal For
- Equities data
- Crypto beyond CFDs
- Non-FX asset classes
Full OANDA Review
Adjacent Comparisons
Related matchups — same category first, then cross-category for context.
Financial Modeling Prep vs DatabentoOANDA vs DatabentoFinancial Modeling Prep vs Polygon.io (now Massive)OANDA vs Polygon.io (now Massive)Financial Modeling Prep vs AlpacaOANDA vs AlpacaFinancial Modeling Prep vs IEX Cloud (Discontinued)OANDA vs IEX Cloud (Discontinued)Financial Modeling Prep vs FinnhubOANDA vs FinnhubFinancial Modeling Prep vs Alpha VantageOANDA vs Alpha VantageFinancial Modeling Prep vs Twelve DataOANDA vs Twelve DataFinancial Modeling Prep vs EODHD (EOD Historical Data)OANDA vs EODHD (EOD Historical Data)