Skip to main content
Image
terms and conditions

Try Our APIs in Test Mode

Create an Individual Account and start building right away with a Test Credential and mock data.

CTA
Frequently Asked Questions

The fee charged for access to the FINRA API platform is made up of two components:

  1. A monthly API Credential fee for each credential provisioned by an organization or individual (based on the type of credential provisioned)
  2. A monthly data overage fee when the data usage associated with an API Credential exceeds 10 GB in a month.

There are three (3) production API Credential Types available:

  • Public
  • Firm
  • Organization

Only the Firm and the Organization API Credentials incur the credential and data overage fees.

The Public Credential does not incur fees but the data usage for these credentials is limited to 10 GB per month. The credential will become inactive once the 10 GB usage limit is reached until the beginning of the next calendar month.

Each Firm and Organization API Credential provisioned with the API Console has a 10GB data usage allocation per month. When this 10GB allocation is exceeded a data overage fee of $250 per additional 10GB used during the month will be charged.

Public and Test API Credentials are also limited to 10GB of data usage per month. However, when this limit is exceeded for these Credential Types, the credential is made inactive until the first day of the following month.

If your use of a Public API Credential requires more than 10GB of data usage per month on a regular basis, you may upgrade the credential to either a Firm or Organization Credential based on your API User Type.

 

All fees for API Credentials are incurred on a monthly basis. The monthly fee is prorated when an API Credential is created on other than the first day of a month. So for example, if an API Credential was created on 1/18/2022 the fee will include 13 days (through and including 1/31/2022) or 43% of the full monthly fee for the credential.

The API Credential fee is not prorated or refunded when a credential is deleted or inactivated. Any fees due for the current month are charged in full but are not incurred in subsequent months.The credential will continue to be available until the end of the current billing month.

The 10GB monthly data usage quota for each API Credential is not prorated or reduced for partial months.

NOTES:

  1. The monthly fee is also prorated if an API Credential type is upgraded during a month (e.g. a Public credential is upgraded to a Firm or Organization credential).
  2. The credential type or credential status may only be changed once during a billing month. For example, if you change the status of a credential to inactive, you will not be able to change the status or the type of that credential until the first day of the next month.

All API Credentials are provisioned using the API Console.

The API Console is a FINRA Gateway hosted app that provides a fully automated, self-service API credential management capability to FINRA’s API customers.

The process for accessing the API Console depends on whether you are affililated with an organization regulated by FINRA, affiliated with another financial services organization (e.g. vendor, service provider, insurance company), or an individual just interested in learning about the API Platform and testing it out, or using the platform for your own non-commercial purpose.

It is important to review the API Console documentation because there are preliminary steps that your firm/organization may have to complete in order to onboard to the API Platform.

All API fees are invoiced using FINRA's E-Bill service. E-Bill is accessed via FINRA Gateway.

The Super Account Administrator (SAA) at each firm, or an AA at each organization, can assign entitlement to E-Bill for employees.

Contact your SAA or AA to request access to E-Bill.

Prior to 10/4/2021 a WebEFT subscription was required for firms to obtain production Registration API Credentials. These credentials remain valid to access the basic firm, branch, and individual Registration datasets, as well as the Equity and Fixed Income datasets.

This option is no longer available to access the API Service (after 10/4/2021). New API users must utilize the API Console to create API Credentials beginning 1/24/2022.

IMPORTANT: Firms that require access to the full capabilities of the Firm Credential Type shown in the table above will need to provision a new Firm Credential using the API Console. 

Contact the API Team with any questions.