The 11 Best Alternatives to the Yahoo Finance API (2023)

Among the plethora of free financial APIs, Yahoo Financial APIs have gained notable prominence. But with the emergence of other competitors and the discontinuation of the Yahoo Finance APIs, there are many fantastic alternatives to Yahoo Finance that have the same ability to provide the highest quality financial data to analysts.

Let's examine why the Yahoo Finance API was moved down. And how are Yahoo Finance API alternatives growing and making it easier for users to collect financial data?

What is the Yahoo Finance API?

Unlike most working APIs in the financial data mining space, the Yahoo APIs had exceptional functionality. It included a clean approach to discovering and delivering financial stock data, reports, and stock summaries. The API was smart to resolve the bulk data feed into an action and provided helpful charts to track finances efficiently. However, in what appeared to be cost-cutting moves by Verizon, Yahoo Finance was shut down.

Interrupted

Interestingly, after launching a new feature in the Yahoo API, it was decided that it would be disabled. Yes, this means that there is no more reliable way to access stock information for free and users must purchase this data through annual/monthly subscriptions.

As technology continues to grow and it never stops discovering the latest innovations, Yahoo Finance API alternatives have grown as well.

11 Best Alternatives to Yahoo Finance APIs

1. Financial Modeling Preparation (FMP)

That oneFMP Financial APIis considered to be a fantastic alternative to Yahoo Finance. As Yahoo Finance 8 supports endpoints to present the data for in-depth research and investigation, the FMP Stocks API has multiple directions to dig up huge amounts of information about a single stock.

Precision:The FMP Finance API provides accurate results and displays multiple stock options when the user wants to explore a specific stock from the range of available stocks. not howYahoo Finance API Codesit uses the SEC (Securities and Stock Exchange Commission) data source with the highest level of accuracy. you can extractfinancial statementsIncome statements, balance sheets and cash flow statements. Therefore, it provides investors with the ideal mix of information to make data-driven decisions.

Best category update:It provides access to the sameAsian Indices of Yahoo Financeand updates the share price every second, 1, 5, 10 or 15 minutes. While this financial API does not interrupt continuity in presenting updated stock indices to users; Subscribers are therefore given great flexibility to obtain the latest exchange rates. In addition, the comparison between real-time and historical rates appears with periods of hours, giving you the opportunity to follow any fluctuations graphically.

Renovation:FMP includes feeds for Forex stocks, current market transactions, cryptocurrency, NYSE and more. Free trial for new users and advance with previously activated users offers many free features and makes it an affordable subscription.

Overall, FMP Finance API is the best Yahoo Finance API alternative.

2. Currencylayer-API

This is a Representational State Transfer (REST) ​​API that contains JSON data representation model to provide users with personal or industrial level currency conversion information.

Data configuration:The range of financial information is accessed through five specific endpoints that collect real-time, historical, currency conversion, periodic and cash change circumstances.

Renovation:The scope of presenting accurate currency information of this API is 160 different currencies. Furthermore, data collected by this API comes from forex information brokers and public currency trading centers, which is further compressed into algorithmic format before being shared with users.

3. Merchant API

As the name suggests, the Trader API is recommended when users want to have unlimited trading options.

Multiple endnotes:Easy integration supports users when running applications where inventory tracking needs to take place. Trader Broker facilitates mobile traders by providing dynamic trading views and, unlike Currency Layer, offers at least 100+ endpoint movements per minute. The API key allows endpoints to be authenticated during performance; So it's really effective and easy to use.

4. MorningStar-API

Morning Star is an easy to manage API due to its quick integration into applications. The interface is informative as helpful blogs provide further guidance to improve users' experience.

Representation:The data presentation is easily visible on the first page. The plate presented always comes in order and not in a complicated mess. Exchange platforms contributing data to this API include cryptographic, forex and locally available information.

Purchase access:To gain access, users have to contact API operators, which is a frustrating hurdle. At the same time, the entire interface is simple and reliable once you get access to it.

5. EOD Historical Data

EOD or end-of-day data represents financial quotes, historical and real-time currencies in short timeframes and is delivered quickly. The presentation of the EOD data is interesting, although it contains several numbers related to a one-day currency update. This is a little confusing and can be difficult to use.

6. World Trade Data

It appears to be an excellent database for handling business courses on a global scale. World Trading Data offers real-time and historical data simultaneously, including intraday changes from minutes to frequent stimuli. In addition, they propose scales for exchange rates.

It has been praised for the authenticity and diversity of the data they provide. Its basic case of tracking currency fluctuations is free, but you'll likely have to opt for a paid package if you need more complex information.

7. Quandl-API

It is among one of the most trusted datasets using the most APIs, connecting 4+ active traders worldwide. The elaboration occurs because many exchange portals, wealth managers and funding groups use this API to submit the registration.

Multiple representation:The Quandl API can represent a single data format in multiple ways. This helps investors easily achieve the format they want without wasting time on format changes.

Premium calls:Free call per minute is around 20-50 which can convert into thousands after signing up for a premium account.

8. Intrinsic

Like the Currencylayer API, the intrinio runs on a REST infrastructure that allows the JSON format to quickly serve user requests/calls and forward them to multiple endpoints.

Hundreds of records:Within a simple application interface, Intrinio offers hundreds of data deployments, including its core code that uses machine learning and artificial intelligence algorithms to organize sequenced data and update existing index information.

Kaufen:Most commonly, this API is used by free plan users. However, to be able to access more documentation feeds, paying for a subscription is essential. Unlike the Yahoo Finance Charting API, proper installation with Intrinio is complex and requires multiple layers of documentation.

9. WALK

It is an accurate and accurate dataset/cloud infrastructure to build financial applications specifically for smaller commercial enterprises. Insights gained from IEX contain volatile and local stock exchange support information that is widely used by many investors.

Specifications:Displays curated information that includes institutional-level acknowledgments (real-time, cryptocurrency, etc.). Almost all US stock data and about a Lac bond is available through the IEX app.

10. Market deck

Big Data Mining:Its backend allows Amazon stock feeds as giant marketplaces. Data can be viewed both historically and in real-time, making it easy to compare fluctuations.

Assessments:This API has received an impressive response from users as it covers nearly 1,000 free monthly requests to access the actions, while bundling features in the paid version. Monthly subscription is wallet compatible and starts at $8 per month.

11. Alpha Advantage

Unrivaled in economics, Alpha Vantage is the preferred option for those with little money to buy a fully functional set of APIs.

The Alpha Vantage API is the best choice when you need to track stocks on the stock exchange. Plus, it's a great service for watching assets in real time and reviewing past properties.

Quick access to exchange:The Alpha Vantage API is more efficient if you want to get FX, cryptocurrencies, live market data or additional specialized symbols. All these options help users to gain in-depth knowledge of the inventory, with a diff command to measure current and past changes.

Conclusion

The Yahoo Finance API was the financial data API with access to many endpoints and a huge amount of stocks to access. But the sudden shutdown of Yahoo's financial data API has users turning their attention outside. They found some fantastic Yahoo financing alternatives that proved to be more reliable than previously available alternatives. These alternatives have multiple functions; Some have more useful options than the old, trusty Yahoo Finance API. By choosing the best free version from all competitorsFMPlists the most outstanding features with the highest stock availability. Therefore, it can be described as an absolute alternative to the Yahoo Finance API.

Common questions:

What is a financial API?

Simply put, financial APIs provide users with a direct connection to real-time and historical market data. The common acronym API stands for Application Programming Interface, but what does that really mean? Simply put, APIs are a way for developers, programmers, and analysts to get data from one source. Many companies use APIs to allow users to access data from their own servers. Depending on the complexity and rarity of the data, this can be free or paid for basic data. APIs are essentially a server that allows you to retrieve and send data using some code.

The basic process of how APIs work to receive data is as follows:

• The user makes a "GET" request to the server
• The server responds with a response code and the data

FMP provides stock data, historical financial information and financial statement data through our proprietary API. This gives you access to the most comprehensive and useful financial information to perform your own analysis, create models for making informed data-driven investments, and build your financial applications.

What is the best Yahoo Finance alternative?

After going through a lot of APIs and juggling your mind, comparing the benefits can make you absolutely depressed. But don't worry and stay calm when making a choice among these eleven APIs. We recommendAPI-FMPelaborating its characteristics and free duration over others. Its programming interface covers more exchange rates in shorter periods of time. In addition, it offers a free web service for stock prices and data that can be linked to historical data from the Yahoo Finance API. Your other problems will be solved by knowing stock charts and informational charts collected from New York Stock Exchange, Cryptocurrencies, Forex, NASDAQ etc. The data includes mutual funds, ETFs and general stock indices. Most importantly, the interface invites users to provide low-cost support until they make a confirmed decision.