Forex API

About Forex APIs

Get current and historical data for the foreign exchange market (forex) with forex APIs.

What is a forex API?

A forex application programming interface (API) is a RESTful web service. It allows developers to add foreign exchange data retrieval features to their applications or websites.

Forex, also known as FX, is a worldwide marketplace where the currency rates are set for every country. The types of foreign exchanges are futures, options, swaps, forward, and spot markets. Forex trading involves exchanging, buying, and selling financial instruments in pairs against each other for the most profit.

How does a forex API work?

An API for obtaining forex data uses the HTTP GET request method. Developers add endpoints to their projects to connect to third-party data sources. The API service provider formats the results in JSON.

Who is a foreign exchange market API for?

An API for forex is for new or experienced developers that build global financial currency trading platforms.

Banks, brokerage firms, and other financial organizations will find APIs for forex useful. Financial advisors and independent forex brokers will also appreciate using foreign exchange market tools in their trade.

Why is an API for forex important?

For new developers, APIs for forex provide a simple way to add foreign exchange market features to their applications. Endpoints make the integration process easy compared to manually coding in that functionality.

Businesses can obtain real-time currency conversions with APIs for the foreign exchange market. Because the APIs have powerful, automated algorithms, they can deliver the most recent news about foreign currencies fast.

Additionally, APIs for forex may provide technical indicators. This is helpful for determining investment strategies based on forex trends.

What can you expect from a forex API?

Developers can anticipate significantly reducing their time coding when they integrate a forex REST API.

APIs offer a reliable way to connect to many data sources with one request. Therefore, businesses and other end-users can look forward to receiving speedy results to their forex queries.

Are there examples of free forex APIs?

RapidAPI’s Marketplace lists several free and freemium APIs for forex data retrieval.

Quotient by Dubois4and is a freemium API with a free Basic plan. The API allows users to retrieve the same days (intraday) market trading and end-of-day (EOD) historical data for forex trading.

Forex News Alert by Anju.313 provides forex news updates. The API service has a free Basic plan on the freemium pricing structure.

Best Forex APIs

1. Finnhub Realtime Stock Price
2. Alpha Vantage
3. Twelve Data
4. CurrencyScoop
5. FCS
6. Crypto Asset Market Data
7. Quotient
8. Forex News Alerts
9. Tradematic Cloud

Forex API SDKs

All Forex APIs are supported and made available in multiple developer programming languages and SDKs including:

1. Node.js
2. PHP
3. Python
4. Ruby
5. Objective-C
6. Java (Android)
7. C# (.NET)
8. cURL

Just select your preference from any API endpoints page.

Sign up today for free on RapidAPI to begin using Forex APIs!