TraderMade alternative: vs exchangerate.dev

Feature	exchangerate.dev	TraderMade
At a glance
Free tier	5,000 requests/month	7-day trial; no recurring free tier found
Cheapest paid plan	Basic · $19/month	FX & Crypto £599/month
Update speed	144 currencies ~60s on trading days; Free 15m late	Live tick rates; WebSocket and FIX
History	Free 30 days; Basic 1 year; Plus/Pro to 1999	Daily history from 10 to 20 years by plan (its docs)
Coverage	144 currencies; any supported base	Pair counts differ across its pages
Interfaces	REST; MCP; WebSocket on Plus and Pro	REST; WebSocket and FIX; convert endpoint
SDKs	Not published	Not published
Commercial use on free tier	✓ With a linked credit	Business use listed; redistribution on Enterprise

exchangerate.dev

TraderMade

At a glance

Free tier

5,000 requests/month

7-day trial; no recurring free tier found

Cheapest paid plan

Basic · $19/month

FX & Crypto £599/month

Update speed

144 currencies ~60s on trading days; Free 15m late

Live tick rates; WebSocket and FIX

History

Free 30 days; Basic 1 year; Plus/Pro to 1999

Daily history from 10 to 20 years by plan (its docs)

Coverage

144 currencies; any supported base

Pair counts differ across its pages

Interfaces

REST; MCP; WebSocket on Plus and Pro

REST; WebSocket and FIX; convert endpoint

SDKs

Not published

Commercial use on free tier

✓ With a linked credit

Business use listed; redistribution on Enterprise

Switch in a few minutes

exchangerate.dev

# Change: URL and auth
curl -G \
  "https://api.exchangerate.dev/v1/latest/USD" \
  --data-urlencode "symbols=EUR" \
  -H "Authorization: Bearer YOUR_API_KEY"

TraderMade

# Change: URL and auth
curl -G \
  "https://marketdata.tradermade.com/api/v1/convert" \
  --data-urlencode "from=USD" \
  --data-urlencode "to=EUR" \
  --data-urlencode "amount=1" \
  --data-urlencode "api_key=YOUR_API_KEY"

TraderMade passes from, to, amount and api_key in the query; exchangerate.dev uses an authenticated server-side USD-to-EUR request.

Verdict

Choose exchangerate.dev when intraday freshness, per-value provenance, MCP-native access, and free-tier headroom matter. Keep TraderMade if you need live tick rates, FIX or Enterprise redistribution rights.

Price at your usage

The lowest published plans for each monthly request volume, with traffic spread across the month.

Requests a month	exchangerate.dev	TraderMade
1,000	Free · $0/month	FX & Crypto · £599/month
10,000	Basic · $19/month	FX & Crypto · £599/month
100,000	Basic · $19/month	FX & Crypto · £599/month

TraderMade lists FX & Crypto at £599 per month and prints no call limits on its pricing page, as of 18 Oct 2026.

Why teams switch

Room to test a real workload

5,000 free monthly calls give you room to build around your own traffic pattern, from a small currency converter to a recurring rate lookup. No card is required, and any supported currency can be the base. The usage table maps three monthly volumes to the lowest qualifying plan, making the next step clear as requests grow. Free permits commercial display with linked credit; paid plans need no credit.

Rates with a time and a source

All 144 currencies update about every 60 seconds on trading days, 15 minutes late on Free. Responses include source and market-session fields alongside observation timestamps, so your application can show where a value came from and when it was observed. Daily references remain identifiable as daily data. That context belongs beside the number in a customer interface, an internal report, or an agent answer that explains the rate it used.

One account for apps and agents

Every plan includes REST and MCP. Plus and Pro daily history reaches 1999 for majors; pair starts vary, combining current and dated records. A developer can start with the HTTP examples above, then use MCP for agent queries without adding another subscription. The same base and target currencies carry through the workflow, from fetching a current rate to looking up a historical observation.

When they are the better pick

TraderMade may suit teams needing live tick rates over FIX as well as REST and WebSocket. Enterprise lists white-label and redistribution rights, 25+ years of history and a 99.95% uptime SLA. FX & Crypto costs £599 per month; Enterprise pricing is custom.

Sources and review date

Reviewed 2026-10-18

Related comparisons

Questions

Does TraderMade offer free access or a trial?

TraderMade offers a 7-day trial, started from its dashboard. No recurring free allowance was found. FX & Crypto costs £599 per month. exchangerate.dev offers 5,000 free monthly requests without a card, with indicative rates 15 minutes late.

When is TraderMade a better fit?

TraderMade may suit you if you need live tick rates or FIX delivery. Enterprise lists white-label and redistribution rights, 25+ years of history and a 99.95% uptime SLA. FX & Crypto costs £599 per month; Enterprise pricing is custom.

How do MCP, conversion and source labels compare?

TraderMade publishes an MCP server guide and GitHub repository for Claude Desktop using Python and an API key. Both services offer conversion. exchangerate.dev includes MCP on every plan and source and market session labels in every response.

Can I use exchangerate.dev Free commercially, and what is included?

Commercial display is allowed with a visible linked credit. Free includes 5,000 requests per month without a card, conversion, MCP and 30 days of daily history. Its indicative rates cover 144 currencies and are 15 minutes late.

exchangerate.dev vs TraderMade