# FMP API Pricing and Alternatives (2026)

> What the FMP API costs, how its plans scale, and how it compares to Massive, Alpha Vantage and Intrinio.

- Canonical: https://multiples.vc/compare/fmp-api-alternatives
- Facts last verified: 2026-08-20
- Method: https://multiples.vc/compare/methodology (estimates labelled *; corrections: hi@multiples.vc)

## 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 | Yes (FX, crypto, commodities) | Partial (Equities, options) | No |
| Consensus estimates | Partial (Not institutional-grade) | No | Partial (Not institutional-grade) | Partial (Not institutional-grade) | Yes (Licensed 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 | Partial (Basic ratios) | Yes | No | Partial (Basic 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

### 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.

**Pricing:** Stocks: free Basic tier, Starter $29/mo, Developer $79/mo, Advanced $199/mo. Financials & Ratios $29/mo add-on, or bundled into Advanced.

**Strengths:**
- Live and historical US prices
- Much cheaper than institutional providers

**Limitations:**
- US markets only
- No consensus estimates
- No news or FX
- Quality and coverage not at institutional level

**Best for:** US price data at a fraction of a feed contract.

### 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.

**Pricing:** Free tier: 25 requests/day. Premium from $49.99/mo (75 req/min) up to $249.99/mo (1,200 req/min).

**Strengths:**
- Users can start with a free key
- FX, crypto and economic data included

**Limitations:**
- 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

**Best for:** Prototypes spanning several asset classes.

### 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.

**Pricing:** 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.

**Strengths:**
- High quality history of 15+ years of US fundamentals
- Real-time options and equities data
- Openly publishes pricing, free trial

**Limitations:**
- 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

**Best for:** Fintech products that display licensed US market data to users.

### 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).

**Pricing:** 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.

**Strengths:**
- Enterprise-grade API for both public comps and precedent transactions
- Highest quality data (licensed from FactSet and Morningstar)
- Affordable pricing vs. enterprise providers

**Limitations:**
- No FX, fixed income or news
- No real-time prices

**Best for:** The equity-valuation slice of an enterprise contract.

## 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.

## FAQ

### 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.

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