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Get Live Forex Data For Free Using An API

Are you looking for an API that provides live forex data for free? If so, you are in luck! Here we will recommend you one!

Forex stands for ‘foreign exchange.’ It’s the term used for the global market where people trade currencies and commodities. You can think of it as the world’s market for buying and selling assets, such as stocks and bonds. The biggest difference between forex trading and other types of trading is that forex traders don’t actually take possession of the assets they’re buying or selling — they just trade them back and forth based on how much they’re worth at any given time.

What is a Forex API for Live Data?

The phrase “API for live data” refers to an API that can offer real-time foreign exchange rates and currency conversions. It is also known as a “Foreign Exchange Rate API’.

A free forex API is ideal for a lot of different businesses and individuals. For example, if you are an online retailer and you want to offer international shipping options; then having access to currency exchange rates is going to be extremely important for your business. This is because it will allow you to accurately determine how much it will cost for someone from another country to purchase your products or services.

Financial data analysis graph over world map. Horizontal composition with selective focus and copy space.

There are many different types of APIs available on the internet today. Some provide access to live streaming data feeds; while others offer historical data sets that you can use for analysis or research purposes. One type of API that you may want to consider using is an API that offers both of these possibilities, and for free! We recommend you use: Exchangr API.

Obtain foreign exchange data with Exchangr API

Exchangr is a foreign exchange API that uses JSON data to give real-time currency rates and conversions. It supports over 170 different currencies; which sums up to 30.000 currency pairs! Furthermore, its currency system data is compiled from a number of reliable economic sources; ensuring that the information it delivers is accurate and reliable! Depending on your type of account, you will receive forex updates ranging from 60 minutes to 60 seconds. This way you’ll stay updated with what is going on in the world market!

The continual fluctuation of world currencies makes them particularly volatile. Using Exchangr API, on the other hand; keeps you informed about their rates and conversions, as well as historical data. As a result of this, you’ll be able to predict their future changes by analyzing its data!

Give Exchangr API a try:

If you want to see how fantastic this API is, you can do so for free and in less than 15 minutes! We’ll show you how:

First, click here and register on Exchangr’s website. It’s really simple, and no credit card information is required. When you’re finished, you’ll have your own API key. This will provide you access to Exchangr’s endpoints. Afterwards, choose the currencies for which you need conversions or rates. And finally, make the API request.

You may get more information about how to make API requests on Exchangr’s documentation here. This site also contains information about this API’s structure, methods, and code examples for a variety of API calls.

It’s as simple as that! Your information will be delivered to you in a few seconds!

Related post: Is There Any API For Forex Market Data?


Also published on Medium.

Published inAppsApps, technologyCryptocurrenciesE-commerceFintechStartupsTechnology

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