VOL. XCIV, NO. 247

★ FINANCIAL TOOLS & SERVICES DIRECTORY ★

PRICE: 5 CENTS

Sunday, October 5, 2025

Head-to-head

CME FedWatch Tool vs Financial Modeling Prep (FMP) comparison

Compare pricing, supported platforms, categories, and standout capabilities to decide which tool fits your workflow.

Quick takeaways

CME FedWatch Tool adds Central Bank Watcher, and Data Visualizations coverage that Financial Modeling Prep (FMP) skips.

Financial Modeling Prep (FMP) includes Financials, ETF Holdings, 13F, Insider Data, Transcripts, Analyst Forecasts, Analyst Price Targets, Analyst Recommendations, News, News Sentiment, Dividends, Splits, GDP, Unemployment Rates, Inflation Rates, Commitment of Traders (COT), Which ETF includes this Stock?, ESG Ratings, and US Government Trades categories that CME FedWatch Tool omits.

CME FedWatch Tool highlights: Meeting‑by‑meeting probabilities of FOMC target‑rate outcomes implied by Fed Funds futures., Compare view (current vs 1‑day/1‑week/1‑month ago) and Historical panel., and Fed ‘Dot Plot’ chart plus table view..

Financial Modeling Prep (FMP) is known for: Tiered access: Starter (U.S.), Premium (adds UK/Canada and up to 30 years of history), Ultimate (global markets, transcripts, ETFs, mutual funds, 13F data, one-minute intraday, bulk/batch delivery)., REST APIs secured with API keys; calls made by appending the key to endpoints., and WebSocket streaming for real-time equities, forex, and crypto feeds..

CME FedWatch Tool logo

CME FedWatch Tool

cmegroup.com

Official CME probabilities for upcoming FOMC decisions, derived from 30‑Day Fed Funds (ZQ) futures. Web tool provides meeting‑by‑meeting probability matrices, comparisons over time, a historical download, and a Dot Plot view. A paid REST API is available for programmatic access. CME documents the probability‑tree methodology clearly; API snapshots update on business days at ~01:45 UTC. Media usage asks attribution to “CME FedWatch.”

Platforms

Web
API

Pricing

Free
Subscription

Quick highlights

  • Meeting‑by‑meeting probabilities of FOMC target‑rate outcomes implied by Fed Funds futures.
  • Compare view (current vs 1‑day/1‑week/1‑month ago) and Historical panel.
  • Fed ‘Dot Plot’ chart plus table view.
  • One‑click PDF generation of the current page and Excel downloads for historical probabilities.
  • Transparent methodology: unconditional probabilities via a binary probability tree built from implied EFFR, assuming 25 bp step sizes.

Community votes (overall)

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Financial Modeling Prep (FMP) logo

Financial Modeling Prep (FMP)

site.financialmodelingprep.com

Editor’s pick Hands-on review

Market data delivered through REST and WebSocket APIs. Plans scale by geography and depth: Starter covers U.S. markets, Premium adds UK/Canada and extended history, and Ultimate unlocks global coverage, transcripts, fund and 13F data, one-minute intraday, and bulk delivery options. Bandwidth and query limits vary by plan.

Platforms

Web
API

Pricing

Free
Subscription

Quick highlights

  • Tiered access: Starter (U.S.), Premium (adds UK/Canada and up to 30 years of history), Ultimate (global markets, transcripts, ETFs, mutual funds, 13F data, one-minute intraday, bulk/batch delivery).
  • REST APIs secured with API keys; calls made by appending the key to endpoints.
  • WebSocket streaming for real-time equities, forex, and crypto feeds.
  • Historical and intraday chart data with resolutions from one minute to four hours, including dividend-adjusted series.
  • Economic datasets covering GDP, CPI, unemployment, interest rates, and Treasury yields, alongside event and release calendars.

Community votes (overall)

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Overlap

Shared focus areas

4 overlaps

Mutual strengths include Interest Rates, Data APIs, and APIs & SDKs plus 1 more area.

Where they differ

CME FedWatch Tool

Distinct strengths include:

  • Meeting‑by‑meeting probabilities of FOMC target‑rate outcomes implied by Fed Funds futures.
  • Compare view (current vs 1‑day/1‑week/1‑month ago) and Historical panel.
  • Fed ‘Dot Plot’ chart plus table view.
  • One‑click PDF generation of the current page and Excel downloads for historical probabilities.

Financial Modeling Prep (FMP)

Distinct strengths include:

  • Tiered access: Starter (U.S.), Premium (adds UK/Canada and up to 30 years of history), Ultimate (global markets, transcripts, ETFs, mutual funds, 13F data, one-minute intraday, bulk/batch delivery).
  • REST APIs secured with API keys; calls made by appending the key to endpoints.
  • WebSocket streaming for real-time equities, forex, and crypto feeds.
  • Historical and intraday chart data with resolutions from one minute to four hours, including dividend-adjusted series.

Feature-by-feature breakdown

AttributeCME FedWatch ToolFinancial Modeling Prep (FMP)
Categories

Which research workflows each platform targets

Shared: Interest Rates, Data APIs, APIs & SDKs, Calendar

Unique: Central Bank Watcher, Data Visualizations

Shared: Interest Rates, Data APIs, APIs & SDKs, Calendar

Unique: Financials, ETF Holdings, 13F, Insider Data, Transcripts, Analyst Forecasts, Analyst Price Targets, Analyst Recommendations, News, News Sentiment, Dividends, Splits, GDP, Unemployment Rates, Inflation Rates, Commitment of Traders (COT), Which ETF includes this Stock?, ESG Ratings, US Government Trades

Asset types

Supported asset classes and universes

Futures

Stocks, ETFs, Mutual Funds, Commodities, Currencies, Cryptos

Experience levels

Who each product is built for

Beginner, Intermediate, Advanced

Beginner, Intermediate, Advanced

Platforms

Where you can access the product

Web, API

Web, API

Pricing

High-level pricing models

Free, Subscription

Free, Subscription

Key features

Core capabilities called out by each vendor

Unique

  • Meeting‑by‑meeting probabilities of FOMC target‑rate outcomes implied by Fed Funds futures.
  • Compare view (current vs 1‑day/1‑week/1‑month ago) and Historical panel.
  • Fed ‘Dot Plot’ chart plus table view.
  • One‑click PDF generation of the current page and Excel downloads for historical probabilities.
  • Transparent methodology: unconditional probabilities via a binary probability tree built from implied EFFR, assuming 25 bp step sizes.
  • FedWatch REST API (OAuth2) with endpoints for /forecasts and /meetings (future/history); extended history available.

Unique

  • Tiered access: Starter (U.S.), Premium (adds UK/Canada and up to 30 years of history), Ultimate (global markets, transcripts, ETFs, mutual funds, 13F data, one-minute intraday, bulk/batch delivery).
  • REST APIs secured with API keys; calls made by appending the key to endpoints.
  • WebSocket streaming for real-time equities, forex, and crypto feeds.
  • Historical and intraday chart data with resolutions from one minute to four hours, including dividend-adjusted series.
  • Economic datasets covering GDP, CPI, unemployment, interest rates, and Treasury yields, alongside event and release calendars.
  • Insider trading and U.S. Congress trading activity datasets, with detailed insider statistics.
Tested

Verified by hands-on testing inside Find My Moat

Not yet

Yes

Editor pick

Featured inside curated shortlists

Standard listing

Highlighted

Frequently Asked Questions

Which workflows do CME FedWatch Tool and Financial Modeling Prep (FMP) both support?

Both platforms cover Interest Rates, Data APIs, APIs & SDKs, and Calendar workflows, so you can research those use cases in either tool before digging into the feature differences below.

Do CME FedWatch Tool and Financial Modeling Prep (FMP) require subscriptions?

Both CME FedWatch Tool and Financial Modeling Prep (FMP) keep freemium access with optional paid upgrades, so you can trial each platform before committing.

How can you access CME FedWatch Tool and Financial Modeling Prep (FMP)?

Both CME FedWatch Tool and Financial Modeling Prep (FMP) prioritize web or desktop access. Investors wanting a mobile-first workflow may need to rely on responsive web views.

What unique strengths set the two platforms apart?

CME FedWatch Tool differentiates itself with Meeting‑by‑meeting probabilities of FOMC target‑rate outcomes implied by Fed Funds futures., Compare view (current vs 1‑day/1‑week/1‑month ago) and Historical panel., and Fed ‘Dot Plot’ chart plus table view., whereas Financial Modeling Prep (FMP) stands out for Tiered access: Starter (U.S.), Premium (adds UK/Canada and up to 30 years of history), Ultimate (global markets, transcripts, ETFs, mutual funds, 13F data, one-minute intraday, bulk/batch delivery)., REST APIs secured with API keys; calls made by appending the key to endpoints., and WebSocket streaming for real-time equities, forex, and crypto feeds..

Curation & Accuracy

This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).

Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.