★ BEST INVESTING TOOLS COMPARISON ★
VOL. XCIV, NO. 247
Tool comparison edition
Tool Comparison
Financial Modeling Prep (FMP) vs okama
Pick Financial Modeling Prep (FMP) if
Financial Modeling Prep (FMP)
Best for screeners and news
Free • From $22/mo · Web · Desktop · API · 60% positive (10 votes)
- Delayed quotes won't cut it; you need real-time data
- You care about screeners, news, and calendar, things okama doesn't offer
Pick okama if
okama
Best for quant and data visualizations
Free · Web · API
- You care about quant, data visualizations, and portfolio, things Financial Modeling Prep (FMP) doesn't offer
Skip both if: Neither one clicks with how you research; there are strong third options.
See alternativesOutbound links may include affiliate or sponsor codes.
The verdict
The bottom line
Financial Modeling Prep (FMP) and okama cover a lot of the same ground (3 shared categories, APIs & data feeds, macro data, and ETF analysis), so for the basics you won't go far wrong with either. Financial Modeling Prep (FMP) simply does more: 19 categories to okama's 10, including screeners, news, and calendar. okama counters by being completely free.
Key differences at a glance
- Real-time data
- Financial Modeling Prep (FMP)
- Broader coverage
- Financial Modeling Prep (FMP)19 vs 10 categories
- Desktop app
- Financial Modeling Prep (FMP)
- Asset coverage
- Financial Modeling Prep (FMP)Adds funds and cryptos
- Free plan
- Both
Comparison snapshot
| Attribute | ||
|---|---|---|
| Pricing & plans | ||
Starting price | Free • From $22/mo | Free |
Free tier | Yes | Yes |
Free trial | — | — |
Plan limits | 20 limits: Basic: api calls per day: 250, Basic: timeframe: End of Day +18 more | — |
| Platforms & access | ||
Web app | Yes | Yes |
Desktop app | Yes | No |
Mobile app | No | No |
API access | Yes | Yes |
Broker sync | — | No |
Integrations | Excel Add-in, Google Sheets Add-on +3 more | — |
| Audience & fit | ||
Experience level | Beginner, Intermediate, Advanced | Beginner, Intermediate, Advanced |
Best for | Retail Traders, Pro Retail +6 more | — |
Categories covered | 19 | 10 |
Regions | North America, Europe, APAC, LatAm, Middle East, Africa | North America, Europe, APAC, Middle East |
| Data & capabilities | ||
Data quality | 4 signals: Latency: Streaming, Real-time, and End of Day, Granularity: Minute and EOD +2 more | 3 signals: Latency: End of Day and 15-min Delayed, Granularity: EOD +1 more |
Capabilities | Universe builder and Yield curves | 4 signals: VaR/ES, Monte Carlo +2 more |
Security | Status page | — |
| Try it | Visit Financial Modeling Prep (FMP) | Visit okama |
Standout features
What Financial Modeling Prep (FMP) does best
- Use one API for market data, fundamentals, news, calendars, macro indicators, ESG, ownership, analyst data, transcripts, funds, crypto, forex, and commodities.
- Build with REST endpoints, WebSocket streaming for real-time stocks, crypto, and FX, an API playground, documentation, changelog, cycle-time pages, and a public status page.
- Pull real-time quotes plus intraday and end-of-day historical bars, with higher tiers adding longer history, technical indicators, 1-minute intraday charting, and bulk delivery.
- Access standardized and as-reported financial statements, key metrics, ratios, financial scores, enterprise values, segment revenue, DCF models, and other valuation metrics.
- Use calendar and corporate-action endpoints for earnings, IPO prospectuses, dividends, splits, economic releases, and related event research.
What okama does best
- Use web widgets for efficient frontier visualization, asset comparison, and adjusted monthly portfolio risk/return analysis.
- Work in Python for constrained mean-variance optimization, multi-period efficient-frontier optimization, rebalancing constraints, and portfolio simulations.
- Analyze risk with VaR, CVaR, semideviation, drawdowns, volatility, correlations, and related portfolio statistics.
- Run Monte Carlo simulations and wealth-index forecasts with percentile bands for scenario analysis.
- Model contributions and withdrawals when testing portfolio paths, cash-flow assumptions, or retirement-style scenarios.
Data & access details
| Attribute | ||
|---|---|---|
| Coverage & fit | ||
Asset types | StocksETFsMutual FundsFundsCurrenciesCryptosCommoditiesOther | StocksETFsCommoditiesCurrenciesMutual Funds |
Experience | BeginnerIntermediateAdvanced | BeginnerIntermediateAdvanced |
Target audience | Retail TradersPro RetailInstitutional InvestorsQuants/DevelopersAnalystsAsset ManagersHedge FundsStudents/Researchers | Not specified |
Regions | North AmericaEuropeAPACLatAmMiddle EastAfrica | North AmericaEuropeAPACMiddle East |
Coverage details | Identifiers: Ticker, CUSIP, ISIN, and CIK | Identifiers: Ticker |
| Data | ||
Data freshness | StreamingReal-timeEnd of Day | End of Day15-min Delayed |
Data granularity | MinuteEOD | EOD |
Pricing sources | Exchange | Not specified |
| Access & integrations | ||
API protocols | RESTWebSocket | REST |
API auth & delivery | Auth: APIKeySDKs: Python, R, and GoDocs | Auth: NoneSDKs: Python |
Integrations | Excel Add-inGoogle Sheets Add-onPerplexity AIFinance ToolkitWisesheets | Not specified |
Export formats | CSVJSON | Not specified |
| Plans & trust | ||
Security & compliance | Status page | Not specified |
Capability signals | Universe builderYield curves | VaR/ESMonte CarloRebalancingCorrelation |
Vendor & support | Financial Modeling PrepSupport: Email and Chat | MBK Development LLCSupport: Forum |
Curation ratings | Not specified | Methodology 4/5Reliability 4/5UX 3/5 |
Green tags are exclusive to that tool in this comparison.
Pricing breakdown
$22/mo
Starting price
Plans & pricing
- api calls per day: 250
- timeframe: End of Day
- +3 more
- api calls per minute: 300
- historical years: 5
- +3 more
- api calls per minute: 750
- historical years: 30
- +3 more
- api calls per minute: 3,000
- historical years: 30+
- +3 more
Free
Lower starting price
Plans & pricing
Coverage overlap
Shared categories
3Where the two tools cover the same ground.
Financial Modeling Prep (FMP) strengths
16What you only get with Financial Modeling Prep (FMP).
okama strengths
7What you only get with okama.
Community category leaders
Vote sentiment comparison
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Frequently Asked Questions
What's the difference between Financial Modeling Prep (FMP) and okama?
Financial Modeling Prep (FMP) leans toward screeners, APIs & data feeds, and news, while okama puts more weight on quant, data visualizations, and portfolio. They overlap in 3 categories, so for most people it comes down to workflow preference and price.
How much do Financial Modeling Prep (FMP) and okama cost?
Good news: both Financial Modeling Prep (FMP) and okama have free plans, so you can run them side by side and only pay if you hit a wall.
Do Financial Modeling Prep (FMP) and okama have APIs?
Yes, both offer API access, so developers and quants can pull data programmatically or wire up their own integrations.
Should I choose Financial Modeling Prep (FMP) or okama?
It depends on what you're after. Pick Financial Modeling Prep (FMP) if screeners and news matter to you; go with okama if you'd rather have quant and data visualizations. And if you only need the basics both share, let price decide.
What asset classes do Financial Modeling Prep (FMP) and okama cover?
Both cover stocks, ETFs, mutual funds, and currencies. Financial Modeling Prep (FMP) also handles funds, cryptos, and other.
Does Financial Modeling Prep (FMP) or okama have real-time data?
Financial Modeling Prep (FMP) offers real-time data, which matters if you trade actively. okama runs on delayed or end-of-day data, which is perfectly fine for longer-term investors who don't live and die by the tick.
Can I export data from Financial Modeling Prep (FMP) and okama?
Financial Modeling Prep (FMP) exports to CSV. okama is stingier about getting data out.
Which has a better stock screener: Financial Modeling Prep (FMP) or okama?
Financial Modeling Prep (FMP) has a stock screener for surfacing ideas; okama doesn't, and focuses its energy elsewhere.
Can I track my portfolio with Financial Modeling Prep (FMP) or okama?
okama handles portfolio tracking. Financial Modeling Prep (FMP) is really a research tool; you'd track your portfolio elsewhere.
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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.