Financial Modeling Prep (FMP) vs Interactive Brokers (IBKR) comparison

Financial Modeling Prep (FMP) focuses on Screeners, Data APIs, and News while Interactive Brokers (IBKR) specializes in Brokerage, Advanced Order Types, and Smart/Direct Routing. They overlap in 4 categories, so choose based on your preferred workflow and pricing.

Financial Modeling Prep (FMP) offers a free tier that lets you get started without paying, while Interactive Brokers (IBKR) requires a subscription. If budget is a concern, start with Financial Modeling Prep (FMP) and upgrade later if you need more advanced features.

Interactive Brokers (IBKR) has a mobile app so you can check your research on the go. Financial Modeling Prep (FMP) is web-only, so you'll need a browser to access it from mobile devices.

Yes, both platforms offer API access for developers and quants who want to build custom integrations or automate their workflows.

Choose Financial Modeling Prep (FMP) if you need Multi‑asset data coverage via a single API: equities, ETFs, mutual funds, indexes, forex, crypto, commodities, macroeconomic indicators, ESG and ownership datasets, organized into Market Data, Fundamental & Company Data, News & Calendar Data, Advanced Data, Ownership and Other Markets., and Real‑time quotes plus intraday (1‑minute, 5‑minute, 30‑minute, 1‑hour) and end‑of‑day historical bars for stocks and other assets; Premium and Ultimate tiers add intraday chart endpoints, technical indicators and up to 30+ years of history, with Ultimate including 1‑minute intraday charting and full historical access.. Go with Interactive Brokers (IBKR) if Platforms: Client Portal (web), Trader Workstation (TWS) and IBKR Desktop (desktop), IBKR Mobile / GlobalTrader (mobile), plus IBKR APIs; feature availability differs by platform/product., and Supported instruments include stocks/ETFs, options (incl. combos), mutual funds, futures (incl. futures options), spot FX, bonds, physical metals, structured products and CFDs. better fits how you invest.

Both cover Stocks, ETFs, Mutual Funds, Currencies, Commodities, and Other. Financial Modeling Prep (FMP) also includes Funds, and Cryptos. Interactive Brokers (IBKR) adds coverage for Options, Futures, and Bonds.

Yes, both platforms provide real-time market data. This makes either suitable for active trading strategies where timing matters.

Both platforms let you export data to spreadsheets (CSV). This is useful for custom analysis or record-keeping.

Interactive Brokers (IBKR) is built with active traders in mind, offering features like real-time data and technical analysis. Financial Modeling Prep (FMP) is better suited for buy-and-hold investors focused on fundamentals.

Both Financial Modeling Prep (FMP) and Interactive Brokers (IBKR) include stock screeners. Try each to see which filtering options and interface you prefer.

Interactive Brokers (IBKR) offers portfolio tracking features. Financial Modeling Prep (FMP) is more focused on research and analysis.