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Financial Modeling Prep
325 Front St. West, Suite 400, Toronto
Ontario M V Y , Canada
REF/2025GRHS4
Cancellation Financial Modeling Prep: Easy Method
What is Financial Modeling Prep
Overview
Financial Modeling Prep (FMP) is a subscription-based SaaS provider of financial data, APIs, and modelling tools for investors, analysts, and developers.
The service offers multiple plan tiers with API call limits, historical data, and market coverage for stocks, crypto, forex and more.
Who uses it
Typical users include individual investors, fintech developers, data analysts and small teams needing programmatic access to financial datasets.
FMP is accessed via web accounts and may also be bound to platform-managed subscriptions (App Store / Google Play) for mobile integrations.
How to cancel Financial Modeling Prep
Web (Website) cancellation
- Sign in to your FMP account on the website.
- Go to the Pricing page and choose the Free (Basic) plan.
- Switch your account to the Free plan; cancellation takes effect from the next billing cycle.
- Confirm the change and keep a screenshot or confirmation note for your records.
App Store / Google Play cancellation
- FMP does not specify in-app cancellation steps. If you subscribed via an app platform, cancel using your App Store or Google Play subscription management controls.
- Open the store account used for purchase, find Subscriptions, locate Financial Modeling Prep, and tap Cancel.
- Save confirmation from the store; platform-specific refunds or disputes must be handled through that store.
What happens when you cancel
Access after cancellation
If you switch to the Free plan on the website, your paid plan access continues until the end of the current billing period.
After the billing period ends, your account reverts to the Free tier limits and features.
Billing and renewals
Cancellation made on the website prevents renewal at the next billing cycle; the charge for the current period is not refunded.
For purchases through App Store or Google Play, billing and renewal follow the platform’s rules; manage renewals in that store.
Will I get a refund?
Official refund policy
FMP’s Terms of Service state that all sales are final and the company does not offer money-back guarantees or refunds.
Refunds are expressly disallowed under their payment terms (see Terms of Service for details).
Exceptions & platform purchases
There are no exceptions listed by FMP for refunds; consumers should assume no refund entitlement under FMP policy.
If you bought via App Store or Google Play, you may request a refund from that platform according to their refund rules; FMP does not document platform refunds.
Financial Modeling Prep plans and pricing
Pricing table
| Plan | Price (INR approx.) | Period | Features |
|---|---|---|---|
| Basic | ₹0.00 | Monthly | 250 calls/day, EOD historical data, profile & reference data, 150+ endpoints (free tier) |
| Starter | ₹1,832.00 | Monthly (billed annually) | 300 API calls/min, 5 years historical, US coverage, fundamentals & ratios, stock price data, news, crypto & forex |
| Premium | ₹4,897.00 | Monthly (billed annually) | 750 API calls/min, 30 years historical, UK & Canada coverage, intraday charts, technical indicators, corporate calendars, custom DCF |
| Ultimate | ₹12,367.00 | Monthly (billed annually) | 3,000 API calls/min, global coverage, transcripts, ETF & mutual fund holdings, 13F holdings, 1-min intraday charting, full historical access |
Notes on pricing
Official FMP prices are listed in US dollars; the INR approximations above use an exchange rate of ₹83 per USD as a reference.
No India-specific pricing was published for 2024/2025; check your account billing statement for the exact charged amount and currency.
Your consumer rights in India
Rights under FMP terms
Under FMP’s Terms of Service, customers do not have a contractual right to a refund once a purchase is completed.
Cancellation is limited to preventing future renewals by switching to the Free plan before renewal; refunds are disallowed by FMP.
Local law and platform purchases
Indian consumer protection law may allow dispute or chargeback options with payment providers for unauthorized charges or misleading practices.
If you paid via a bank card or payment aggregator, you can contact your bank or payment provider about chargebacks or disputes, and retain evidence of communications.
Customer experiences
Positive feedback
Many users praise FMP for responsive customer support, quick issue resolution, and generally reliable, fast APIs.
Reviewers note stable performance and competitive pricing relative to data breadth (see Trustpilot and review listings).
Negative feedback
Some customers report difficulties cancelling subscriptions or removing payment methods; errors have been reported during cancellation attempts.
Other complaints include unexpected auto-renewal charges, unclear restrictions on data bandwidth for starter plans, and occasional data inaccuracies.
Documentation checklist
Before you cancel
- Account email and username used for the subscription.
- Subscription plan name and billing cycle dates.
- Payment receipt or invoice showing the charge.
If you need to dispute charges
- Save screenshots of billing history, cancellation attempts, and error messages.
- Collect correspondence with FMP support and store refund confirmations if purchased via App Store / Google Play.
Common mistakes
Not switching plan before renewal
Waiting until after the renewal date often results in the current period being charged; switch to the Free plan before the billing date to prevent renewal.
Set calendar reminders a few days ahead of renewal to avoid automatic charges.
Assuming refunds or relying on unclear support
Assuming FMP will provide refunds is a frequent error; their Terms of Service state refunds are not provided.
Also, relying solely on in-app messages without saving confirmations can weaken your case if you dispute charges later.
Comparative recap
At-a-glance comparison
| Item | Period | Web (Website) | App Store / Google Play |
|---|---|---|---|
| How to cancel | N/A | Switch to the Free plan via the Pricing page on the website. | Cancel via the App Store or Google Play subscription controls. |
| Refunds | N/A | No refunds per FMP Terms of Service. | Refunds governed by the store’s policy; contact the store for requests. |
| Access after cancel | N/A | Access continues until the end of the current billing period. | Depends on store rules; typically access continues until end of paid period. |
After cancelling
What to check
- Confirm your plan shows as Free in account settings and save a screenshot.
- Verify that no future renewals are scheduled in your billing history.
Contact & useful links
If you need help from FMP, use their official contact page for support:
Financial Modeling Prep - Contact
For the official terms and refund policy, see:
Financial Modeling Prep - Terms of Service
For community feedback and experiences, review listings are available on Trustpilot and TopBusinessSoftware:
Trustpilot - Financial Modeling Prep reviews
TopBusinessSoftware - Financial Modeling Prep reviews
Address
Registered address
325 Front St. West, Suite 400, Toronto, Ontario M5V 2Y1, Canada
Notes
This is the address listed in company profiles; for official enquiries use the FMP contact page linked above.
Keep printed or digital records of cancellation confirmations and billing statements for any future disputes.
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Written by Myra Choudhary
Digital-law graduate · 4 years experience
Graduate in digital law and passionate about secure written communication, I have been writing guides on certified mail and electronic registered delivery for 4 years.
FAQ
To cancel your Financial Modeling Prep subscription through the website, sign in to your account, go to the Pricing page, and switch to the Free (Basic) plan. This change will take effect from the next billing cycle.
No, according to Financial Modeling Prep's Terms of Service, all sales are final and no refunds are provided for the current billing period after cancellation.
Yes, if you subscribed via the App Store or Google Play, you can cancel your subscription through the respective store's subscription management controls. Make sure to save any confirmation of the cancellation.
After canceling your subscription, you will retain access to your current plan's features until the end of the current billing period, after which your account will revert to the Free tier.
Financial Modeling Prep does not list any exceptions to their no-refund policy. If you purchased through a platform like the App Store or Google Play, you may need to follow their refund rules.