For years, Yahoo Finance has been a popular choice for developers and financial analysts seeking reliable financial data. However, with the evolving landscape of technology and emerging alternatives, it is essential to explore other robust options available in the market.
Now, let’s explore the best alternatives to Yahoo Finance API.
Twelve Data
Twelve Data is a comprehensive financial data provider that offers a wide range of real-time and historical market data from almost all world exchanges, making it a robust alternative to Yahoo Finance. The platform provides stocks, cryptocurrencies, forex, mutual funds, fundamentals, analysis, technical indicators and more data, catering to the diverse needs of investors, traders, and developers.
What sets Twelve Data apart is its modern and interactive approach to data diversity and delivery. The platform offers WebSocket streaming,interactive documentation, and playgrounds, providing a more immersive experience for developers and users.
Beyond being a data provider, Twelve Data developes custom Enterprise solutions to change the world.
With impressive numbers like 700 million API requests performed daily and support for over 250 exchanges worldwide, Twelve Data stands as a reliable partner for accessing data on 300,000+ different financial assets and counting, originating from more than 90 countries.
Finazon
Finazon is leading a revolution in how individuals and businesses access financial data. As a global marketplace, Finazon provides unparalleled access to an extensive array of datasets, covering everything from stock markets to forex, cryptocurrencies, fundamental data, and more. With a firm commitment to transparency and compliance, Finazon bridges the gap between users and real-time, historical data, meticulously curated from the world's most reputable exchanges and data publishers.
A distinguishing feature of Finazon is the customization capability of each dataset. This means there are no preset data bundles to purchase. Instead, you have the freedom to configure every facet, from the number of API calls to the delivery speed, connectivity options, and more.
Furthermore, all data available on the platform can be used internally, externally, and commercially, including redistribution. Finazon offers not just a service, but a platform for endless possibilities in the realm of financial data utilization.
Alpha Vantage
Alpha Vantage is a robust alternative to Yahoo Finance, offering a range of financial data including end of day and historical stock prices, technical indicators, and fundamental data.
It has a developer-friendly API and comprehensive documentation, making integration seamless for developers and enabling them to quickly retrieve the desired data. The platform's simplicity and ease of use make it a popular choice for both novice developers.
In terms of coverage, Alpha Vantage excels by providing extensive data from multiple global exchanges, ensuring that users have access to a wide range of financial instruments. This broader coverage allows for more comprehensive analysis and decision-making. Additionally, Alpha Vantage offers customization options, allowing users to tailor the data to their specific needs.
Refinitiv
Refinitiv is a comprehensive financial data platform that offers a vast array of market data, company fundamentals, and economic indicators. The company delivers a broad array of information, analytics, and workflow solutions to corporations, investment banks, asset managers, hedge funds, governments, and other institutions worldwide. Its products include financial data feeds, analytics platforms, trading infrastructure, risk management solutions, and more.
IEX Cloud
IEX Cloud provides reliable market data, including real-time and historical stock prices, corporate actions, and advanced market statistics. Compared to Yahoo Finance, IEX Cloud differentiates itself with its user-friendly interface and scalable infrastructure. The platform offers fast and accurate data retrieval, ensuring that users can access the information they need promptly. Most of the data comes from the IEX exchange making it covering 3% of US trading volume.
Additionally, IEX Cloud offers flexible per request pricing plans, accommodating users with different budget constraints and data requirements.
DX Feed
DX Feed is a provider of high-quality market data serving institutions, traders, and data analysts globally. Known for its robust, reliable, and flexible solutions, DX Feed offers a wide array of financial data, including equities, derivatives, FX, fixed income, and commodities.
The company excels in providing low-latency, normalized data, including full depth-of-market, regional best bid and offer (RBBO), theoretical values, and analytics data. As a subsidiary of Devexperts, DX Feed leverages extensive experience in developing trading software and capital markets analysis to deliver superior data services.
Polygon.io
Polygon.io specializes in real-time and historic market data, including stock quotes, trades, and options data. It stands out as an alternative to Yahoo Finance by providing US equities data from multiple venues with varying trading volume coverage.
The platform is designed to accommodate the needs of developers, traders, and financial institutions alike, providing reliable and accurate data for real-time decision-making.
Polygon.io's robust infrastructure ensures fast and efficient data retrieval, catering to users who require timely information. Its affordability makes it an attractive option for users with budget constraints, offering competitive pricing plans compared to Yahoo Finance. Whether you're building a trading platform or conducting market analysis, Polygon.io provides the necessary tools and data to support your endeavors.
EOD Historical Data
EOD Historical Data specializes in historical market data, offering comprehensive coverage for stocks and indices. As an alternative to Yahoo Finance, EOD Historical Data sets itself apart by providing clean and reliable data. This reliability is essential for users who rely on accurate historical data for backtesting strategies, conducting historical analysis, or building financial models.
The platform's comprehensive coverage across multiple asset classes and exchanges allows users to access a vast repository of historical data. EOD Historical Data ensures that users can retrieve the necessary information to gain insights into past market trends and make informed decisions based on historical performance.
Quandl
Quandl (acquired by Nasdaq) is a data platform offering an extensive collection of financial, economic, and alternative data from various sources. It differentiates itself from Yahoo Finance by providing a robust API catalog and powerful search capabilities. Quandl's API allows for seamless integration and efficient data retrieval, catering to developers who require comprehensive data access for their applications.
The platform's advanced analytics tools further enhance its value as an alternative to Yahoo Finance. Users can leverage Quandl's data and analytics capabilities to gain deeper insights into financial markets, conduct quantitative research, and develop data-driven strategies. Quandl's broad data coverage and analytics tools make it a valuable resource for professionals seeking comprehensive financial data solutions.
Exchange Data International
Exchange Data International (EDI) is a renowned global provider of back-office securities and administrative data, offering a comprehensive suite of financial market data solutions. With a vast coverage that includes more than 150 exchanges and over 100,000 global securities, EDI is dedicated to providing the financial industry with cost-effective, high-quality, and customizable data sets.
EDI specializes in providing reference data, corporate actions, dividends, static data, closing prices, and worldwide equity and fixed income securities data, among other types.
Final Thoughts
In the ever-changing landscape of finance, the availability of accurate and comprehensive financial data is crucial.
These ten alternatives to Yahoo Finance offer powerful features, extensive market coverage, and developer-friendly interfaces to meet the diverse needs of users. Whether you're a financial professional, investor, or developer, exploring these alternatives will unlock new possibilities for data-driven insights and informed decision-making.
Choose the alternative that aligns best with your requirements and embark on a journey of enhanced financial analysis and success.
Updated August 5, 2023
