Bloomberg Terminal vs Refinitiv Eikon Pricing 2026
Complete pricing comparison between Bloomberg Terminal and Refinitiv Eikon. Find out which financial data & terminals tool is right for you.
Bloomberg Terminal pricing ranges from $20000–$32000/user/year, while Refinitiv Eikon ranges from $3600–$24000/user/year. Refinitiv Eikon is typically 46% more affordable, though your actual cost depends on tier and team size.
The right choice between Bloomberg Terminal and Refinitiv Eikon depends on your specific requirements: team size, feature needs, and integration requirements all affect which option delivers better value.
See the tier-by-tier breakdown below to compare specific plans, or use our calculators to estimate costs: Bloomberg Terminal calculator | Refinitiv Eikon calculator
Bloomberg Terminal and Refinitiv Eikon are the two dominant financial data terminals used across Wall Street and global financial institutions. Bloomberg Terminal starts at $2,665/month ($31,980/year) for a single seat with volume discounts bringing costs to around $28,320/year for multi-terminal deployments, while Refinitiv Eikon offers a significantly lower entry point starting at just $300/month ($3,600/year) for its web-based tier, with the full desktop experience ranging from $15,000 to $22,000/year.
Pricing Tier Comparison
| Tier | Bloomberg Terminal | Refinitiv Eikon |
|---|---|---|
| Single Terminal | $2665 /user/year | $300 /user/year |
| Multi-Terminal (2+ users) | $2360 /user/year | $1250 /user/year |
| Enterprise | Custom | $1830 /user/year |
Not sure between Bloomberg Terminal and Refinitiv Eikon?
Tell us about your needs and we'll recommend the best option for your budget.
Our Verdict
Choose Bloomberg Terminal if you need the industry-standard platform with the deepest fixed-income analytics, the most comprehensive real-time data coverage, and access to the Bloomberg messaging network that connects over 300,000 finance professionals. Choose Refinitiv Eikon if you want a more cost-effective alternative that still delivers robust market data and analytics -- especially if your team needs a lighter web-based option starting at $3,600/year or prefers the flexibility of LSEG's modular pricing.
Frequently Asked Questions
01 Is Bloomberg Terminal cheaper than Refinitiv Eikon?
No, Bloomberg Terminal is significantly more expensive. A single Bloomberg Terminal costs $31,980/year ($2,665/month), while Refinitiv Eikon starts at just $3,600/year ($300/month) for the web tier and $15,000/year ($1,250/month) for the standard desktop version. Even Eikon's premium tier at $22,000/year undercuts Bloomberg's multi-terminal rate of $28,320/year.
02 Which is better for equity research and investment banking?
Bloomberg Terminal remains the gold standard for investment banking workflows, offering unmatched fixed-income analytics, the Bloomberg messaging network, and deeper deal-level data. However, Refinitiv Eikon has narrowed the gap significantly in equities research with its strong Datastream integration and StarMine analytics, making it a compelling option for equity-focused teams looking to reduce costs.
03 Can Refinitiv Eikon replace Bloomberg Terminal?
For many use cases, yes. Refinitiv Eikon covers real-time market data, news, charting, and fundamental analysis across most asset classes. However, Bloomberg's proprietary messaging network (IB chat), superior fixed-income pricing, and deeper alternative data sets make it difficult to fully replace in certain roles, particularly in fixed income trading and senior dealmaking where the Bloomberg network effect is strongest.