Are you looking for an alternative to Barchart but don’t know where to start? If so, here’s a list of the top three alternatives!
It’s common knowledge that commodities are marketable goods that are frequently exchanged. These products include both: industrial commodities like steel or oil; and agricultural items like grain or coffee. As would be expected, the market forces of supply and demand also determine the prices for these commodities; as they do for all traded goods,
However, the fact that commodity prices are erratic means that you must keep up with everyday developments in the market. You’ll be able to make wiser choices regarding your investments and financial future if you follow this advice. Fortunately, using an API for commodities prices is a quick and efficient approach to stay current with these products.
Which Barchart API Alternatives Are the Best Right Now?
You must be careful when selecting the API you’ll use because not all of the widely used APIs today are secure or reliable. This is because it’s possible that their API suppliers are dubious! Not to mention that many of them, like Barchart API, are rather pricey and difficult to use because they can be intended for experts.
In light of all of this, we want to assist you in making a choice by giving you details on three of the top Barchart alternatives APIs for commodities prices that are now on the market. These three are all inexpensive, safe, and simple to use!
The prices of several commodities, including wheat, rice, coffee, and sugar, are shown using the reputable and trustworthy service provided by Commodities-API. The price information, which is gathered from over 15 trustworthy data sources; including banks and financial institutions, is simple to obtain. Additionally, all commodity data is offered in real time; with a frequency of up to 60 seconds, and accuracy to two decimal places!
Right now, there are three distinct options available from Commodities-API ; with the professional one allowing you to submit up to 100.000 API requests each month; and get data updates every 60 seconds! Also, it offers a no-cost demo that will allow you 100 API calls per month; so you can easily try it out without spending a cent!
Open Exchange Rates provides a portable; live, and straightforward API with exchange rates for more than 150 digital currencies around the globe. Data is acquired from a range of trustworthy sources and blended algorithmically to ensure fair and impartial coherence.
The exchange forms that are made available through the Open Exchange Rates API are gathered using data from multiple reliable sources; supplied in JSON format for all users, and then made public. No confusing agreements, difficult consultation processes; or difficult authentication procedures exist with this API.
Accessing the values of more than 10,000 distinct commodities and indexes is made simple by a different service called CommonPrices. It efficiently gathers information from a variety of reliable sources and refreshes it daily, weekly, or monthly depending on the plan you select.
For optimum usability and interoperability with your projects; this API also comes in JSON data format. Also, because CommonPrices employs HTTPS to encrypt communications between your browser; and their servers, it is also a rather secure application.
Also published on Medium.