FXMacroData vs Open Payments (CMS) comparison

FXMacroData focuses on Central Bank Watcher, Interest Rates, and Inflation Rates while Open Payments (CMS) specializes in Data APIs, APIs & SDKs, and Data Visualizations. They overlap in 3 categories, so choose based on your preferred workflow and pricing.

Good news—both FXMacroData and Open Payments (CMS) offer free plans. You can try each platform without commitment and only pay when you need premium features.

Open Payments (CMS) is more beginner-friendly with an approachable interface. Both can work for intermediate users.

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

Choose FXMacroData if you need REST API for macro indicators by currency (e.g., `/api/usd/inflation`) returning JSON time-series with `start`/`end` query parameters; indicator docs show an API-key parameter., and Indicator catalog includes GDP gr, inflation, trade balance, unemployment/employment metrics, policy & interbank rates, and government bond yields (by currency).. Go with Open Payments (CMS) if Three core datasets each year: General Payments, Research Payments, and Ownership/Investment Interests., and Web search/explorer with filtering and charts; program year downloads available from the portal. better fits how you invest.

Both cover common asset types. FXMacroData also includes Currencies, and Bonds. Open Payments (CMS) adds coverage for Other.

FXMacroData offers real-time data feeds, which is essential for active traders. Open Payments (CMS) uses delayed or end-of-day data, which works fine for longer-term investors who don't need up-to-the-second quotes.

Open Payments (CMS) supports data exports to CSV, and JSON. FXMacroData has more limited export options.