# Commercial Plan

The **Commercial Plan** gives your business real-time, delayed, historical, and tick-level market data for stocks and options, together with a commercial license to display it to your users — all for one price, starting at **$333/month**. There are no exchange agreements to sign, no exchange fees, and no per-user fees.

## Pricing

**$333/month to start, billed quarterly.** The price steps up twice during the first year, then stays fixed:

| Months    | Monthly Price | Billed Each Quarter |
|-----------|---------------|---------------------|
| 1–6       | $333/month    | $999                |
| 7–12      | $666/month    | $1,998              |
| 13 and on | $999/month    | $2,997              |

The price includes the commercial license. There are no exchange fees and no per-user fees on top of it, however many users your product serves.

Every Commercial Plan starts with a **14-day free trial**, with no charge until the trial ends, and there is no long-term contract. [Contact us](https://www.marketdata.app/contact/) to get started.

## No Exchange Licensing, No Extra Fees

A business that shows market data to its users usually has to sign agreements with each exchange, pay monthly exchange fees, and pay again for every user who sees the data. Those costs grow with every user you add, and the paperwork comes before you can launch.

The Commercial Plan removes all of it. Real-time prices, delayed exchange data, historical data, and tick-level data all come under one license, at one price. You sign nothing with the exchanges, you pay no exchange fees, and you pay nothing more as your user base grows — so your data costs stay the same whether your product has ten users or ten thousand.

## What You Get with the Commercial Plan

### Data

- **Real-Time Stock Prices**: Real-time derived prices that closely track exchange prices, with last price, open, close, volume, and pre-market and post-market volume.
- **Real-Time Options Prices**: Real-time derived options prices, with implied volatility and the greeks — delta, gamma, theta, and vega.
- **WebSocket Streaming**: Stream real-time stock and options prices over WebSocket, or request them over the REST API.
- **Tick-Level Market Data**: Market data down to the individual tick.
- **15-Minute Delayed CBOE Data**: Exchange data from CBOE on a 15-minute delay.
- **End-of-Day and Historical Data**: End-of-day and historical data for stocks and options, for backtesting, analytics, and historical charts.
- **US Fundamentals**: Fundamentals data for US companies.

### Rights

- **Commercial Use and Display Rights**: A business-wide commercial license. Use the data across your business and display it to the users of your app, dashboard, or product.
- **No Exchange Licensing**: No exchange agreements to sign and no exchange paperwork.
- **No Exchange Fees or Per-User Fees**: One price, however many users see the data.
- **No IP Limit**: Call the API from as many servers and IP addresses as your product needs.

### Tools and Limits

- **AI Assistant Access**: Connect Claude, ChatGPT, and other AI assistants to the data through an MCP server.
- **Rate Limits**: 2,000 API calls per minute, 1 request per minute for bulk downloads and paging, and 3 WebSocket connections.

## What You Can Build

The Commercial Plan is made for businesses bringing a product to market on top of market data:

- **Stock and options apps** that display real-time and historical data to paying users
- **SaaS and fintech products** built on top of the data
- **Financial dashboards** distributed to clients or employees
- **Research products and newsletters** that publish data-driven content
- **Charting and analytics tools** built on real-time, historical, and tick-level data
- **Internal business analytics** across your whole company

## Comparison with Other Plans

| Feature                        | Starter | Trader | Prime   | **Commercial**       |
|--------------------------------|---------|--------|---------|----------------------|
| Price                          | $30/mo  | $75/mo | $250/mo | **$333/mo to start** |
| Commercial Use                 | ❌      | ❌     | ❌      | ✅                   |
| Public Display to Your Users   | ❌      | ❌     | ❌      | ✅                   |
| Redistribution in Your Product | ❌      | ❌     | ❌      | ✅                   |
| WebSocket Streaming            | ❌      | ❌     | ❌      | ✅                   |
| Tick-Level Market Data         | ❌      | ❌     | ❌      | ✅                   |
| Multiple IP Addresses          | ❌      | ❌     | ❌      | ✅                   |

## Why Choose the Commercial Plan?

The Commercial Plan is the simplest way to launch a product on market data. One price covers real-time stock and options prices over REST and WebSocket, tick-level, delayed, and historical data, and the commercial license to display all of it — with no exchange agreements, no exchange fees, and no per-user fees as you grow. It starts at **$333/month, billed quarterly**, with a 14-day free trial.

[Contact us](https://www.marketdata.app/contact/) to get started or to discuss your specific use case.

## Need More?

For dedicated exchange feeds, API distribution to other businesses, or resale rights, [contact us](https://www.marketdata.app/contact/) about enterprise licensing.