VOL. XCIV, NO. 247

★ FINANCIAL TOOLS & SERVICES DIRECTORY ★

PRICE: 5 CENTS

Saturday, September 27, 2025

Investors comparing OTC Markets and SEC API (sec-api.io) will find that Both OTC Markets and SEC API (sec-api.io) concentrate on Data APIs, Regulatory Filings Monitoring, and APIs & SDKs workflows, making them natural alternatives for similar investment research jobs. OTC Markets leans into Order Book / Level II, News, and Ticker Changes, which can be decisive for teams that need depth over breadth. SEC API (sec-api.io) stands out with Insider Data, 13F, and 13D/13G that the competition lacks. Use the feature-by-feature table to inspect unique capabilities and confirm which roadmap best maps to your process.

Head-to-head

OTC Markets vs SEC API (sec-api.io)

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

Quick takeaways

  • OTC Markets adds Order Book / Level II, News, Ticker Changes, Splits, Dividends, and Screeners coverage that SEC API (sec-api.io) skips.
  • SEC API (sec-api.io) includes Insider Data, 13F, 13D/13G, Financials, Management Compensation, and IPO categories that OTC Markets omits.
  • OTC Markets highlights: Real‑Time Level 1+ (inside bid/offer + trades) and Level 2+ (full quote book with market participant IDs) data products; Delayed Level 1+ on a 15‑minute basis; End‑of‑Day snapshots., Level 2 quote montage specification (fields: MPID, price, QAP, size, time‑of‑update) and display requirements., and Reference & pricing files (security master with optional CUSIP), plus End‑of‑Day pricing files; secure SFTP delivery supported..
  • SEC API (sec-api.io) is known for: Comprehensive API endpoints: query, full-text search, real-time streaming via WebSocket, download/PDF generator, XBRL-to-JSON conversion, and section extractors for 10-K/10-Q/8-K filings., Specialized form coverage including ADV, insider filings (Forms 3/4/5), 13F, 13D/G, Form 144, IPO registrations (S-1, 424B4), crowdfunding (Form C, Form D), Reg A filings, and fund reports (N-PORT, N-PX, N-CEN)., and Datasets include executive compensation, directors and board members, audit fees, subsidiaries, and public float/outstanding shares..
OTC Markets logo

OTC Markets

otcmarkets.com

Primary operator and market data source for U.S. OTC equities via OTC Link ATS/ECN/NQB (SEC‑regulated ATSs). Commercial data products include Real‑Time Level 1+ (inside quote & trades), Level 2+ (full quote book with MPIDs), 15‑minute delayed Level 1+, End‑of‑Day, reference/security master, and compliance datasets (Blue Sky, Promotion/CE, Compliance Analytics). Delivery options include real‑time multicast feeds, SFTP/FTP files, and a REST Disclosure API. Website provides delayed quotes, corporate actions, screeners and issuer news (DNS).

Platforms

Web
API

Pricing

Free
Subscription

Quick highlights

  • Real‑Time Level 1+ (inside bid/offer + trades) and Level 2+ (full quote book with market participant IDs) data products; Delayed Level 1+ on a 15‑minute basis; End‑of‑Day snapshots.
  • Level 2 quote montage specification (fields: MPID, price, QAP, size, time‑of‑update) and display requirements.
  • Reference & pricing files (security master with optional CUSIP), plus End‑of‑Day pricing files; secure SFTP delivery supported.
  • Disclosure API (REST, JSON/CSV/XML) with app‑key auth; filter by symbol/CUSIP/company; document retrieval; plan‑level rate‑limit guidance.
  • Compliance & regulatory data: Blue Sky Data (state eligibility monitoring), Promotion Data file (Caveat Emptor/tier/share data), and Compliance Analytics (multi‑factor risk scoring).
SEC API (sec-api.io) logo

SEC API (sec-api.io)

sec-api.io

Editor’s pick Hands-on review

A commercial API suite for SEC/EDGAR data, designed for developers, quants, and compliance teams. The free tier includes 100 calls per month. Paid tiers unlock higher rate limits, more data (5 GB vs 15 GB monthly, with $0.30/GB overage), and features such as multiple API keys or redistribution rights for enterprise users. The platform emphasizes speed, with new filings typically available in under 300 ms.

Platforms

Web
API

Pricing

Free
Subscription

Quick highlights

  • Comprehensive API endpoints: query, full-text search, real-time streaming via WebSocket, download/PDF generator, XBRL-to-JSON conversion, and section extractors for 10-K/10-Q/8-K filings.
  • Specialized form coverage including ADV, insider filings (Forms 3/4/5), 13F, 13D/G, Form 144, IPO registrations (S-1, 424B4), crowdfunding (Form C, Form D), Reg A filings, and fund reports (N-PORT, N-PX, N-CEN).
  • Datasets include executive compensation, directors and board members, audit fees, subsidiaries, and public float/outstanding shares.
  • Historical coverage back to 1993 with support for all 400+ EDGAR form types; new filings made available within ~300 ms of posting.
  • Live filing feeds available in real time via WebSocket for instant integration.

Shared focus areas

Both platforms align on these research themes, so you can stay within one workflow when your use case involves them.

Where they differ

OTC Markets

Distinct strengths include:

  • Real‑Time Level 1+ (inside bid/offer + trades) and Level 2+ (full quote book with market participant IDs) data products; Delayed Level 1+ on a 15‑minute basis; End‑of‑Day snapshots.
  • Level 2 quote montage specification (fields: MPID, price, QAP, size, time‑of‑update) and display requirements.
  • Reference & pricing files (security master with optional CUSIP), plus End‑of‑Day pricing files; secure SFTP delivery supported.
  • Disclosure API (REST, JSON/CSV/XML) with app‑key auth; filter by symbol/CUSIP/company; document retrieval; plan‑level rate‑limit guidance.

SEC API (sec-api.io)

Distinct strengths include:

  • Comprehensive API endpoints: query, full-text search, real-time streaming via WebSocket, download/PDF generator, XBRL-to-JSON conversion, and section extractors for 10-K/10-Q/8-K filings.
  • Specialized form coverage including ADV, insider filings (Forms 3/4/5), 13F, 13D/G, Form 144, IPO registrations (S-1, 424B4), crowdfunding (Form C, Form D), Reg A filings, and fund reports (N-PORT, N-PX, N-CEN).
  • Datasets include executive compensation, directors and board members, audit fees, subsidiaries, and public float/outstanding shares.
  • Historical coverage back to 1993 with support for all 400+ EDGAR form types; new filings made available within ~300 ms of posting.

Feature-by-feature breakdown

AttributeOTC MarketsSEC API (sec-api.io)
Categories

Which research workflows each platform targets

Shared: Data APIs, Regulatory Filings Monitoring, APIs & SDKs

Unique: Order Book / Level II, News, Ticker Changes, Splits, Dividends, Screeners

Shared: Data APIs, Regulatory Filings Monitoring, APIs & SDKs

Unique: Insider Data, 13F, 13D/13G, Financials, Management Compensation, IPO

Asset types

Supported asset classes and universes

Stocks, Bonds

Stocks, ETFs, Mutual Funds, Funds

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

  • Real‑Time Level 1+ (inside bid/offer + trades) and Level 2+ (full quote book with market participant IDs) data products; Delayed Level 1+ on a 15‑minute basis; End‑of‑Day snapshots.
  • Level 2 quote montage specification (fields: MPID, price, QAP, size, time‑of‑update) and display requirements.
  • Reference & pricing files (security master with optional CUSIP), plus End‑of‑Day pricing files; secure SFTP delivery supported.
  • Disclosure API (REST, JSON/CSV/XML) with app‑key auth; filter by symbol/CUSIP/company; document retrieval; plan‑level rate‑limit guidance.
  • Compliance & regulatory data: Blue Sky Data (state eligibility monitoring), Promotion Data file (Caveat Emptor/tier/share data), and Compliance Analytics (multi‑factor risk scoring).
  • Coverage of OTC Link ATS via MIC 'OTCM'; OTC Link ATS/ECN/NQB each operate as SEC‑regulated ATSs.

Unique

  • Comprehensive API endpoints: query, full-text search, real-time streaming via WebSocket, download/PDF generator, XBRL-to-JSON conversion, and section extractors for 10-K/10-Q/8-K filings.
  • Specialized form coverage including ADV, insider filings (Forms 3/4/5), 13F, 13D/G, Form 144, IPO registrations (S-1, 424B4), crowdfunding (Form C, Form D), Reg A filings, and fund reports (N-PORT, N-PX, N-CEN).
  • Datasets include executive compensation, directors and board members, audit fees, subsidiaries, and public float/outstanding shares.
  • Historical coverage back to 1993 with support for all 400+ EDGAR form types; new filings made available within ~300 ms of posting.
  • Live filing feeds available in real time via WebSocket for instant integration.
  • XBRL-to-JSON service delivers standardized financial statements (income, balance sheet, cash flow) mapped to US GAAP items; dataset is survivorship-bias free.
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 OTC Markets and SEC API (sec-api.io) both support?

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

Do OTC Markets and SEC API (sec-api.io) require subscriptions?

Both OTC Markets and SEC API (sec-api.io) keep freemium access with optional paid upgrades, so you can trial each platform before committing.

How can you access OTC Markets and SEC API (sec-api.io)?

Both OTC Markets and SEC API (sec-api.io) 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?

OTC Markets differentiates itself with Real‑Time Level 1+ (inside bid/offer + trades) and Level 2+ (full quote book with market participant IDs) data products; Delayed Level 1+ on a 15‑minute basis; End‑of‑Day snapshots., Level 2 quote montage specification (fields: MPID, price, QAP, size, time‑of‑update) and display requirements., and Reference & pricing files (security master with optional CUSIP), plus End‑of‑Day pricing files; secure SFTP delivery supported., whereas SEC API (sec-api.io) stands out for Comprehensive API endpoints: query, full-text search, real-time streaming via WebSocket, download/PDF generator, XBRL-to-JSON conversion, and section extractors for 10-K/10-Q/8-K filings., Specialized form coverage including ADV, insider filings (Forms 3/4/5), 13F, 13D/G, Form 144, IPO registrations (S-1, 424B4), crowdfunding (Form C, Form D), Reg A filings, and fund reports (N-PORT, N-PX, N-CEN)., and Datasets include executive compensation, directors and board members, audit fees, subsidiaries, and public float/outstanding shares..

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.