How much does the FMP API cost?

There is a free tier, and paid plans start at $22 a month for Starter, $59 for Premium and $149 for Ultimate, billed annually. Tiers scale by geography and depth rather than by feature: entry covers US markets, higher tiers add the UK and Canada with extended history, and the top tier adds global coverage, transcripts, fund and 13F data.

What are the FMP API limits?

Besides request limits, plans carry a trailing 30-day bandwidth allowance: 500MB on the free plan, 20GB on Starter, 50GB on Premium, 150GB on Ultimate, and more on enterprise terms. Bulk downloads often reach the bandwidth cap first.

Does FMP cover non-US companies?

Yes and no, it depends on the plan. Entry tiers are US-only, the middle tier adds the UK and Canada, and global coverage requires the top tier.

Is FMP good enough for client work?

Depends. It is widely used for internal tools and prototypes. The data is not licensed from an institutional provider though, so for output that goes in front of clients teams usually move to a vendor with enterprise-grade data, like Multiples that licenses its public company data from FactSet and Morningstar.

FMP or Alpha Vantage?

FMP is stronger on stock fundamentals and calculated ratios. Alpha Vantage is cheaper at entry and covers FX, crypto, commodities and economic indicators in addition to stocks. Both offer free tiers.

Why is FMP so much cheaper than FactSet or CapIQ?

The price difference exists for a reason. FMP is a mid-market financial data API provider. It does not carry the same depth of coverage, data quality, or licensing rights that enterprise clients often require. For a high-quality but also an affordable alternative, consider Multiples, which licenses its data directly from FactSet and Morningstar.

Connect to MCP

Compare FMP API pricing and alternatives

Last verified: Aug 20, 2026

Financial Modeling Prep (FMP) is a low-cost REST API for public company data.FMP scales by geography and feature set: entry pricing covers only US markets, higher tiers add the UK and Canada, and the top tier adds global coverage, transcripts and bulk delivery.This page covers FMP alternatives, including more established institutional providers like LSEG, Capital IQ, Multiples and FactSet.

Try Multiples - Financial Modeling Prep alternative See more Financial Modeling Prep alternatives

What is the FMP API?

Financial Modeling Prep (FMP) is a web-based financial data platform and developer-friendly financial data API provider. It supplies structured fundamental statements, real-time market quotes, stock price histories, macro indicators, and analyst forecasts.

FMP uses a tiered subscription model starting with a free Basic tier (250 calls a day, end-of-day data). Paid individual plans, billed annually: Starter at $22 a month, Premium at $59 a month, and Ultimate at $149 a month.

Core features include REST APIs and websocket feeds covering over 30 years of historical data, stock screeners, financial ratios, SEC filings, and earnings transcripts.

Similarly to Intrinio, FMP is not an investment-grade financial data provider, but rather the most common starting point for a side project, due to simple integration and low entry price.

It lacks verified, equity research data (that providers like Capital IQ, Bloomberg or Multiples provide), and its consensus estimates coverage is limited.

Compare FMP API cost and features vs alternatives

	FMP	Massive	Alpha Vantage	Intrinio	Multiples
License cost	From $22/mo	From $29/mo	From $49.99/mo	From $150/mo	from $1,499/mo
Type	REST · WebSocket	REST · WebSocket · flat files	REST	REST	REST
Geo coverage	US-centric	US	US-centric	US-centric	Global
Public companies	Yes	Yes	Yes	Yes	Yes
Private companies	No	No	No	No	Yes
Cross asset coverage	No	Yes	YesFX, crypto, commodities	PartialEquities, options	No
Consensus estimates	PartialNot institutional-grade	No	PartialNot institutional-grade	PartialNot institutional-grade	YesLicensed from FactSet
Metrics coverage	Fundamentals, prices, basic ratios, transcripts	Prices, financials, ratios, corporate actions, news	Fundamentals, prices, FX, crypto, economic data	US fundamentals, options, basic ratios	Basic fundamentals, estimates, prices, valuation ratios
Pre-computed ratios	PartialBasic ratios	Yes	No	PartialBasic ratios	Yes
Real-time prices	Yes	Yes	Yes	Yes	No
Time to first call	Minutes	Minutes	Minutes	Same day	Minutes

Every vendor in this table publishes pricing. FMP plan features vary by tier - check geography and bandwidth limits against your workload. Prices are stated as they stand in August 2026.

Overview of FMP API alternatives

Product	Overview	Pricing	Strengths	Limitations
Massive	Massive API provides US market data across stocks, options, indices, FX, crypto and futures. Compared to FMP, Massive is the stronger choice for real-time prices and streaming, and the weaker one for fundamentals. Financials and daily ratios (trailing P/E, EV/EBITDA, ROE on roughly 4,400 tickers) are a $29 add-on. No consensus estimates.	Stocks: free Basic tier, Starter $29/mo, Developer $79/mo, Advanced $199/mo Financials & Ratios $29/mo add-on, or bundled into Advanced	Live and historical US prices Much cheaper than institutional providers	US markets only No consensus estimates No news or FX Quality and coverage not at institutional level
Alpha Vantage	Choose Alpha Vantage API for broader asset coverage than FMP at a lower price. FMP goes a bit deeper on company fundamentals. Free for 25 calls a day, then priced by rate limit from $49.99 a month. Both FMP and AV are not truly institutional-grade sources, and neither carries consensus estimates or calculated multiples.	Free tier: 25 requests/day Premium from $49.99/mo (75 req/min) up to $249.99/mo (1,200 req/min)	Users can start with a free key FX, crypto and economic data included	Coverage is broad but pretty shallow in terms of data availability EPS estimates only Not suitable for users requiring institutional-grade data or analyst coverage
Intrinio	Intrinio API tends to be a slight upgrade from FMP. It offers 15+ years of US fundamentals, real-time equities and options data and tick-level history, with display and redistribution rights sold explicitly from the $333 a month Startup tier. Like FMP, Intrinio is US-focused and not really an investment-grade data provider. Consensus estimates data is very limited, and far worse quality compared to FactSet, LSEG, Capital IQ or Multiples.	Individual: $150/mo (personal use only) Startup: $333/mo for 6 months, then $666/mo for 6 months, then $1,499/mo Enterprise: from $1,250/mo, custom terms	High quality history of 15+ years of US fundamentals Real-time options and equities data Openly publishes pricing, free trial	US-focused coverage Entry tier forbids redistribution or display Estimates are very limited vs. enterprise vendors or Multiples More expensive than FMP or Alpha Vantage
Multiples	Investment-grade financial data API provider, with data licensed exclusively by FactSet and Morningstar. Tends to be more expensive than FMP, but provides institutional-quality and organized public comps data. Complete coverage (historical and consensus estimates data), plus private transactions data (M&A and VC).	Pro: $239/mo (billed annually) or $299 (monthly) Pro Max: $399/mo (billed annually) or $499 (monthly) API: from $1,499/mo Free 3-day trial	Enterprise-grade API for both public comps and precedent transactions Highest quality data (licensed from FactSet and Morningstar) Affordable pricing vs. enterprise providers	No FX, fixed income or news No real-time prices

Which FMP API alternative fits your use case?

Platform	Best For	Institutional grade	Equity coverage	Deals coverage	Geo coverage	Real-time data	Ease of implementation
Financial Modeling Prep	Developers, students, firms building internal tools	Low	High	Low	Medium	Medium	High
Massive	Developers, individual investors, small-scale data products	Medium	High	Low	Low	High	High
Alpha Vantage	Hobbyists, students, solo developers	Low	Medium	Low	Medium	Medium	High
Intrinio	Small-scale fintech products, developers, students	Low	High	Low	Low	High	High
Multiples	M&A advisors, VC and PE funds, corp dev teams and CFOs	High	High	High	High	Low	High

Should you choose Financial Modeling Prep or look for an alternative?

Financial Modeling Prep strengths

Developer-friendly self-serve REST API with a usable free tier (250 calls/day) and cheap paid plans

Fast, cost-effective way to prototype valuation and screening workflows

Financial Modeling Prep trade-offs

Entry tiers cover US markets only. Global coverage requires purchasing top plan

Limited consensus estimates, questionable coverage

No M&A or venture data

Not an investment-grade product. Choose Cap IQ, FactSet, Multiples, or LSEG if you require enterprise quality

Why look for alternatives to the FMP API

Budget-friendly is not the same as investment-grade

FMP serves as a cheap self-serve for basic stock data. It is not FactSet or Capital IQ - it does not deliver the data depth, quality control, or licensing rights that enterprise clients require.

Bandwidth caps + rate limits

Usage is measured against a trailing 30-day bandwidth allowance - 500MB on free, 20GB on the entry paid tier, up to 150GB higher up. Bulk pulls can hit that before they hit a request limit.

Questionable data quality

Users often report missing line items, delayed updates, values that do not match the filing etc. Because FMP does not license data from any established provider, it is fine for prototyping and hobby projects, but quite weak in commercial use cases.

No high-quality licensing

The data is not licensed from an institutional provider, which is the usual blocker when you need verified, institutional-grade data. For an affordable alternative (albeit more expensive than FMP), consider Multiples, which licenses its public company data from FactSet and Morningstar.