Compare All Financial Data & Terminals Software 2026
Side-by-side comparison of 10 financial data & terminals tools. Find the right fit for your team and budget.
Financial Data & Terminals software pricing ranges from $0 to $150.0k per user per month in 2026. The category average is $30.1k/user/month. 1 of 10 tools offer free tiers.
Quick Picks
Full Comparison Matrix
| Product | Starting Price | Popular Tier | Enterprise | Free Tier | Best For |
|---|---|---|---|---|---|
| Koyfin | $0 /user/month | $79 /user/month | $299 /user/month | Yes | Individual investors and students exploring financial data on a budget |
| Refinitiv Eikon | $3.6k /user/year | $15.0k /user/year | $24.0k /user/year | No | Students, academics, and light research users |
| AlphaSense | $10.0k /user/year | $20.0k /user/year | $100.0k /user/year | No | Corporate strategy teams and consultants needing AI-powered research across public filings and news |
| S&P Capital IQ Pro | $12.0k /user/year | $20.0k /user/year | $30.0k /user/year | No | Analysts needing fundamental company data and basic screening |
| FactSet | $4.0k /user/year | $24.0k /user/year | $50.0k /user/year | No | Individual analysts needing basic financial data |
| PitchBook | $12.0k /user/year | $24.0k /user/year | $40.0k /user/year | No | Individual analysts and small firms needing basic private market data |
| Bloomberg Terminal | $20.0k /user/year | $28.0k /user/year | $32.0k /user/year | No | Individual analysts, traders, or portfolio managers |
| Preqin | $25.0k /year | $50.0k /year | $80.0k /year | No | Specialists focused on a single alternative asset class who need fund-level performance data and investor intelligence |
| CB Insights | $29.8k /year | $60.0k /year | $100.0k /year | No | Individual corporate strategy analysts and small innovation teams needing market intelligence on emerging tech companies |
| Dealogic | $30.0k /year | $60.0k /year | $150.0k /year | No | Boutique advisory firms and small investment banks needing core deal data and league table access for pitchbook preparation |
Category Summary
10
Products
$14.6k
Avg Starting
$30.1k
Avg Popular
1
Free Tiers
Financial Data & Terminals Pricing FAQ
01 How much do financial data terminals cost?
Financial data terminals range from $12,000 to $32,000+ per user per year. Bloomberg Terminal costs $28,000-32,000/user/year, FactSet runs $12,000-50,000/user/year depending on modules, Refinitiv Eikon costs $12,000-22,000/user/year, and S&P Capital IQ ranges from $15,000-30,000/user/year. Enterprise volume discounts can reduce costs 20-40%.
02 What is the cheapest Bloomberg alternative?
The cheapest Bloomberg alternatives are Koyfin (free-$1,188/year for individuals), Yahoo Finance Premium ($350/year), and Refinitiv Eikon starting around $12,000/user/year for institutional needs. FactSet offers modular pricing starting at $4,000/year for basic access. These alternatives sacrifice some data depth and Bloomberg's messaging network for significant cost savings.
03 Bloomberg vs FactSet: Which should I choose?
Choose Bloomberg ($28,000-32,000/user/year) for real-time trading, fixed income data, and access to the industry-standard messaging network (IB Chat). Choose FactSet ($12,000-50,000/user/year) for modular pricing, superior quant/API capabilities, and buy-side analytics. Bloomberg is 40-60% more expensive but offers unmatched data breadth and network effects.
04 Do financial terminals offer free trials?
Most enterprise financial terminals don't offer self-service free trials. Bloomberg provides personalized demos with sales representatives. FactSet and Refinitiv offer evaluation periods for qualified prospects. Students can access Bloomberg free through university terminals at 300+ institutions worldwide.
05 What are the hidden costs of financial data terminals?
Common hidden costs include: additional exchange data fees ($50-500/exchange/month), API/data feed licensing ($50,000-200,000+/year for B-PIPE), compliance archiving (Bloomberg Vault: $25,000-100,000+/year), multi-year contract commitments, early termination fees (50% of remaining contract), and training/certification costs.
06 What contract terms do financial terminals require?
Bloomberg requires a 2-year minimum commitment with 50% early termination fees. FactSet typically offers 1-year contracts with renewal flexibility. Refinitiv and Capital IQ vary by negotiation. Enterprise agreements often span 3-5 years for maximum discounts. All require annual upfront payment.