Prompt
What's the best market data API for real-time quotes and historical prices on a financial news site?
Latest observation
The “best” market data API depends on your budget, asset coverage, and how much delay you can tolerate, but for a financial news site I’d usually shortlist these:
Top choices
1) Polygon.io
Best overall for web publishers that need both real-time and historical data
- Real-time and delayed quotes
- Strong historical equities, options, forex, and crypto coverage
- Good documentation and developer experience
- WebSockets for streaming
- Generally easier to integrate than enterprise vendors
Pros: fast, broad coverage, solid historical data
Cons: can get expensive at scale; exchange licensing matters
2) IEX Cloud
Good for U.S. equities-focused sites
- Clean API
- Decent historical data and fundamentals
- Good if you mainly cover U.S. stocks
Pros: simple to use, popular with smaller teams
Cons: coverage is narrower; real-time access is not as broad as true market data vendors
3) Tiingo
Best value for historical data and simple quoting needs
- Affordable
- Good historical pricing
- Easier for news/content sites that don’t need ultra-low latency
Pros: cost-effective, straightforward
Cons: less robust for real-time streaming and broader market coverage
4) Intrinio
Good middle ground for finance content and data products
- Stocks, ETFs, fundamentals, options, some real-time offerings
- Flexible enterprise-style data packages
Pros: modular, scalable
Cons: pricing can rise quickly depending on feeds
5) Refinitiv / Bloomberg / FactSet
Best for enterprise-grade accuracy and coverage
- Extremely comprehensive
- Better for large media companies with strict compliance needs
Pros: premium quality, huge coverage
Cons: very expensive, heavier integration, licensing complexity
My practical recommendation
For a financial news site, I’d usually pick:
- Polygon.io if you want the best balance of real-time + historical + ease of use
- Tiingo if your main priority is cost-effective historical data
- Refinitiv/Bloomberg only if you’re operating at enterprise scale and need top-tier coverage
Important licensing note
If you plan to display real-time exchange data on a public website, check:
- exchange redistribution rights
- delayed vs real-time requirements
- whether you need per-user licensing or attribution
- whether cached data can be stored and for how long
This can matter as much as the API itself.
If you tell me:
- which asset classes you need (stocks, ETFs, options, crypto, FX)
- your traffic scale
- whether you need true real-time or 15-minute delayed data
- your budget
…I can recommend the best specific provider and plan.
Observation history
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