Do you want to effortlessly trade on the forex market? If so, we have the greatest forex rates API for you!
Most people have a general idea of what the foreign exchange market is. However, not everyone understands how they can benefit from it. The foreign exchange market (forex) is the largest financial market in the world and it is, by far, the most liquid. It has an average daily turnover of more than $5 trillion, which means there are more opportunities to make profits in this market than any other.
How can a Forex Rates API help you with trading?
Forex trading refers to the buying and selling of currencies with the aim of making a profit. If you think about it: a forex rates API can provide you with market data in real time and historical data as well. If you are a trader, this will give you the ability to see what’s happening in the market at any given moment; allowing you to make more informed decisions regarding when to buy or sell currencies.
The real-time data allows you to know the current price of different currency pairs so that you can trade accordingly. It also allows you to keep track of your trades while they are in progress so that you can make sure that they are going according to plan — or adjust them if they’re not going well enough for your liking!
With an annual average daily turnover exceeding $5 trillion dollars, it’s no wonder that so many people are keen on getting involved in forex trading. So, if you have a website that deals in international transactions; or simply want to take part in this worldwide market, we recommend you one of the greatest Forex Rates APIs, Exchangr.
Get into the trading world with Exchangr API
When you’re looking for real time foreign exchange rate information, Exchangr is the best option available to you through an API. Yes, there are other ways to get this information; however, this is the easiest way because it provides all of this information in one place without having to go through multiple websites or applications.
Exchangr is a JSON API that provides currency conversions and international exchange rates in real time. Its FX system incorporates data from a variety of credible sources including international banks, brokers ,and financial entities. As a result, Exchangr is a trustworthy foreign exchange API that provides data for a total of 172 worldwide currencies!
Furthermore, Exchangr API allows you to easily integrate it into your personal website or app. Its simple interface allows users to convert any amount from one currency to another in a matter of seconds. You may also access advanced features such as: checking historical rates across time periods, getting a currency’s change parameters, switching Source Currency and more. Overall, you don’t have to worry about doing a lot of research or finding which websites are reputable enough to give you accurate information; instead, just start using Exchangr API and obtain all the information in one place!
Is Exchangr API expensive?
You might be wondering how much Exchangr API will cost you. Well, let us tell you that this API is super affordable! First of all, you can use Exchangr’s Small Plan With it, you can get: 100 API calls per month; access to Support; hourly updates; access to historical data; all base currencies; and access to Exchangr’s endpoints, such as Conversion, Time series, and Fluctuation. All of this without spending a cent. Yes you read that right. This plan is free, and you won’t need a credit card to sign up.
However, if you need advanced API access and other perks, the Growth Plan might be great for you. In addition to what was mentioned, for only $14.99 a month, you will gain 10.000 API calls; Premium Support; and updates every 10 minutes!
Lastly, Exchangr offers a Pro Plan that is perfect for anyone skilled within the foreign exchange world. The major difference with the Growth Plan is that this one provides: 100.000 API calls every month; and updates every 60 seconds. Decide which plan is best for you by visiting Exchangr’s Pricing site here.
So? What are you waiting for? Start benefiting from Exchangr API and trade effortlessly with it!
Related post: Who Can Benefit From Currency Exchange?
Also published on Medium.