Forex APIs# 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](https://rapidapi.com/Finnhub/api/finnhub-realtime-stock-price)
2. [Alpha Vantage](https://rapidapi.com/alphavantage/api/alpha-vantage)
3. [Twelve Data](https://rapidapi.com/twelvedata/api/twelve-data1)
4. [CurrencyScoop](https://rapidapi.com/citeamaccount/api/currencyscoop)
5. [FCS](https://rapidapi.com/fxcoinapi/api/fcs1)
6. [Crypto Asset Market Data](https://rapidapi.com/crtyptodataAPI/api/crypto-asset-market-data-unified-apis-for-professionals)
7. [Quotient](https://rapidapi.com/dubois4and/api/quotient)
8. [Forex News Alerts](https://rapidapi.com/anju.313/api/forex-news-alerts)
9. [Tradematic Cloud](https://rapidapi.com/tradematic/api/tradematic-cloud)
## Forex API SDKs
All Forex APIs are supported and made available in [multiple developer programming languages and SDKs](https://docs.rapidapi.com/v2.0/docs/getting-started-with-rapidapi-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](https://rapidapi.com/signup) to begin using Forex APIs!
We provide API for realtime stock data, forex and crypto. Register for FREE API key here: https://finnhub.io/register. Recommended stock API for startups: https://medium.com/@stock-api/top-5-best-stock-api-in-2021-for-fintech-startups-and-developers-dd1420339703
The simplest and most effective way to receive stock, ETF, forex, technical indicators, and cryptocurrency data. Constantly ranked as a leading API provider for ease of use, accuracy, and price. [See the documentation](https://www.alphavantage.co/documentation/) and [read more](https://medium.com/@patrick.collins_58673/stock-api-landscape-5c6e054ee631) on the market data industry. [Start now for free](https://www.alphavantage.co/support/#api-key).
Financial data provided for developers, to enter the world markets. Instant access for real-time and historical data of stocks, forex, crypto, ETFs, indices, and more. Read more in [documentation](https://twelvedata.com/docs) and start [here](https://twelvedata.com/apikey).
CurrencyScoop is a developer-friendly and enterprise-grade REST API which provides real-time , daily and historical exchange rates for 168 world currencies and precious metals, delivered in a JSON format and compatible with any application, framework or language. The CurrencyScoop Forex data powers currency converters, mobile apps and back-office systems around the world.
Powered by 25+ currency exchange rate data sources. The FCS delivering real-time 145+ country and 2000+ Forex currencies. 5000+ Crypto Currencies data, and 30+ Countries stocks data.
Market data API for intraday (1-minutes) data, end-of-day data, options data, crypto, forex, live prices, fundamental data, trading signal, and much more, on various assets (Stocks, ETFs, Funds, Indices, Forex, Cryptocurrencies, etc), on worldwide stock exchanges (us, canada, australia, uk and europe).
Instant financial market news update API service for major Forex indexes. Feel free to use our service for mobile / web alerting services or even for you to get the latest FX news.
Back-end infrastructure for building investment apps. Build your MVP for free. Scale it to full-featured app, when you have real traction. All you need to do is customize your front-end.