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Financial Modeling Prep

Features
Ease of use
Ease of management
Quality of support
Affordability
Market presence
Take the quiz to check if Financial Modeling Prep and its alternatives fit your requirements.
Pricing from
$22.00 per month
Free Trial
Free version
User corporate size
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Medium
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User industry
  1. Professional services (engineering, legal, consulting, etc.)
  2. Information technology and software
  3. Education and training

What is Financial Modeling Prep

Financial Modeling Prep (FMP) is a financial market data API service that provides programmatic access to equities, ETFs, fundamentals, financial statements, ratios, corporate actions, and related reference data. It is used by developers and analysts to power investment research tools, dashboards, screening, and data enrichment workflows. The product is delivered primarily through REST APIs with JSON responses and offers multiple datasets and endpoints under subscription plans.

pros

Broad fundamentals and statements coverage

The API catalog includes company profiles, income statements, balance sheets, cash flow statements, key metrics, ratios, and historical time series. This supports common valuation and modeling workflows without requiring users to source each dataset separately. It is well-suited to applications that need standardized fundamentals across many tickers.

Developer-friendly REST API access

FMP exposes data through HTTP endpoints with JSON payloads, which fits typical web, mobile, and data engineering stacks. The service is straightforward to integrate for tasks like screening, charting, and back-end enrichment. Documentation and endpoint structure are oriented toward self-serve developer usage.

Useful market and corporate events data

In addition to fundamentals, FMP provides market prices and corporate-action style datasets (for example splits and dividends) that are commonly needed for analytics. Having these in the same API reduces the need to stitch together multiple sources. This can simplify building end-user features such as adjusted price histories and dividend tracking.

cons

Not a payments or banking platform

Despite being in financial services software broadly, FMP focuses on market and fundamentals data rather than money movement or bank connectivity. It does not provide capabilities such as account linking, KYC/KYB, payment orchestration, or open-banking initiation. Teams building fintech transaction flows typically need additional providers for those functions.

Data quality and coverage validation required

As with most market-data APIs, users need to validate symbol coverage, corporate action handling, and field definitions against their specific requirements. Differences in calculation methodologies (for example ratios or adjusted prices) can affect downstream analytics. Production use generally requires monitoring, reconciliation, and fallbacks for missing or delayed fields.

Licensing and redistribution constraints

Market and fundamentals data often comes with contractual limits on redistribution, caching, and end-user display. Buyers typically must review the vendor’s terms to ensure compliance for their application (for example, public websites, client reporting, or reselling data). These constraints can add legal and product complexity beyond the API integration.

Plan & Pricing

Plan Price Key features & notes
Basic Free 250 API calls/day; End-of-day historical data; Profile & reference data; Access to 150+ endpoints; Trailing 30-day bandwidth limit: 500MB; Individual use; Email support.
Starter $22.00 per month (billed annually) Everything in Basic plus: 300 API calls/minute; Up to 5 years historical data; US coverage; Annual fundamentals & ratios; Historical stock price data; Market news; Crypto & Forex; Trailing 30-day bandwidth limit: 20GB; Individual use; Email support.
Premium $59.00 per month (billed annually) Everything in Starter plus: 750 API calls/minute; Up to 30+ years historical data; UK & Canada coverage; Full fundamentals & ratios; Intraday charts; Technical indicators; Corporate calendars; Custom DCF calculator; Trailing 30-day bandwidth limit: 50GB; Priority email support.
Ultimate $149.00 per month (billed annually) Everything in Premium plus: 3,000 API calls/minute; Global coverage; Earnings call transcripts; ETF & mutual fund holdings; 13F institutional holdings; 1-minute intraday charting; Full historical access; Bulk and batch delivery; Trailing 30-day bandwidth limit: 150GB; Priority email & live chat support.

Seller details

Financial Modeling Prep
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Private
https://financialmodelingprep.com/
https://x.com/financialmodeling
https://www.linkedin.com/company/financial-modeling-prep/

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