Comparison

FinzData vs Norgate: stop paying us, keep your history

Norgate's users are some of the most loyal in this industry, and the loyalty is earned: a fast local database, survivorship-free data with delisted names back to 1990, point-in-time index constituents, and a workflow that serious systematic traders have built decades of research on. This page is not an argument with any of that. It is about one clause: when a Norgate subscription lapses, the database becomes inaccessible. The history your research stands on is rented. FinzData sells it outright. Prices and terms on this page were checked against each vendor's published pages on 2026-10-17.

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The lapse clause

Norgate's US Stocks packages, as published on norgatedata.com (checked 2026-10-17):

PackagePriceDelisted depthNotes
Silver$270/yr10 years of history—
Gold$360/yr20 years of history—
Platinum$630/yrDelisted to 1990; 25,222 delisted securitiesPoint-in-time index constituents included (S&P 500 from 1957)
Diamond$787.50/yrDelisted to 1950Point-in-time index constituents included

Subscriptions are sold in 6- or 12-month terms only — no monthly plan, no auto-renew — and the licence is personal use only: one natural person, with commercial and professional use prohibited. There is no commercial tier on the site at any price; a Norgate user who starts managing outside money is unlicensed the day they start, with nowhere to upgrade to.

And the clause this page is named for: database access ends when the subscription lapses. Not the updates — the database. The local files on your own machine, built up over years of research, stop opening. With FinzData, if you stop the $19.95/month updates, the history you bought stays on your disk, in full, forever. Those are the two models, stated plainly; everything else on this page is detail.

Where Norgate is genuinely deeper — conceded

Two things, without qualification:

  • Depth. Diamond reaches delisted names to 1950 and Platinum to 1990. FinzData's history goes back more than 26 years. If your edge lives in the 1950–1999 tape, Norgate is the tool and this page has nothing to sell you.
  • Point-in-time index constituents. Norgate's constituents history (S&P 500 from 1957, Platinum and above) is a real research asset, maintained with care.

The local-database workflow itself is the third: for an AmiBroker user, the database is the workbench, and it is fast and loved for good reasons. Any FinzData pitch that pretends otherwise isn't worth your time.

What Norgate does not sell at any tier

  • Point-in-time fundamentals. Norgate's fundamentals are current snapshots only — what a company looks like today, not what it reported at the time. FinzData's SEC fundamentals are as originally filed, with every vintage retained.
  • Intraday data. There is none — no intraday, no live feed, at any package. Every FinzData look-back bundle, from $195, carries 1-, 5-, 15- and 30-minute, hourly and daily bars going back more than 26 years.
  • A commercial licence. See above: the EULA prohibits professional use outright. FinzData's commercial tier is published and self-serve: Institutional, $975 once + $59.95/month ($1,694.40 in year 1) pricing.
  • A cloud/API shape. Norgate is a proprietary local Windows database (two installs). FinzData is files you own plus a yfinance-compatible Python client — research runs wherever your code runs.

The arithmetic

Platinum is the honest comparison — it is the first tier with the delisted depth and constituents history Norgate users actually buy:

HorizonNorgate Platinum ($630/yr)FinzData 25-year bundle ($575 once + $19.95/mo)
1 year$630.00$814.40
2 years$1,260.00$1,053.80
3 years$1,890.00$1,293.20
5 years$3,150.00$1,772.00

Norgate is cheaper in year 1, and this page won't pretend otherwise. The cumulative lines cross during year 2; by year 5 you have paid $1,378 less with FinzData. But the table understates the real difference, because it prices only the subscription years: at any point in the Norgate column, stopping means losing access to the database. At any point in the FinzData column, stopping the updates means exactly that — the past stays where you put it.

Start free. FinzData's free tier is $0: 1,000 calls a day, the last 12 months of data, and no card required to start pricing. It is a recent-year window, not the deep archive — but it shows how the files and the client feel before you price the move, and nothing about it sits behind a subscription that can lapse.

The switching cost is real — and we're building the bridge

Years of AmiBroker formulas reference Norgate's symbol conventions — delisted names carry -YYYYMM suffixes — and its integrations (AmiBroker, Wealth-Lab, Zipline, RightEdge) are Norgate-shaped. We are not going to insult that by calling migration trivial.

So, an invitation rather than a claim: a migration bridge is on our roadmap — exports laid out the way your database is, symbol conventions honoured (the -YYYYMM delisted suffixes included), constituents history in a shape your formulas can read. It is not shipped yet, and we won't pretend it is. If you would move for it, tell us — this pool's answer decides whether it jumps the queue.

An honest word on who should choose which

Choose Norgate if your research depends on pre-2000 delisted depth or constituents history back to 1957, your workflow is built around AmiBroker and the local database, and you are content to rent that foundation year by year as a private individual. It is a fine product, honestly priced for what it is.

Choose FinzData if any of these are true: you want the history you buy to survive cancelling; your work is moving to Python or the cloud; you need point-in-time fundamentals or intraday bars alongside your daily data; or you are — or might become — a professional, and need a licence that exists. The moment any one of those arrives, the rental stops making sense.

Run it against the database you already trust.

Sources and corrections

Prices and product terms checked 2026-10-17 against norgatedata.com (stock market packages and EULA) and finzdata.com. If any figure on this page is wrong, tell us and we will correct it with the date of the correction.

Frequently asked questions

What happens to my Norgate database if my subscription lapses?

Access ends — not just the updates, the database: the local files on your own machine stop opening. With FinzData, if you stop the $19.95/month updates, the history you bought stays on your disk, in full, forever.

Can I use Norgate commercially?

No. The licence is personal use only — one natural person, with commercial and professional use prohibited — and there is no commercial tier on the site at any price. FinzData's commercial tier is published and self-serve: Institutional, $975 once + $59.95/month.

How far back does Norgate go compared with FinzData?

Norgate is deeper, without qualification: Diamond reaches delisted names to 1950 and Platinum to 1990, with 25,222 delisted securities at Platinum. FinzData's history goes back more than 26 years.

Does Norgate have point-in-time fundamentals or intraday data?

Neither. Its fundamentals are current snapshots only, and there is no intraday and no live feed at any package. FinzData's fundamentals are as originally filed with every vintage retained, and every one of its look-back bundles, from $195, carries 1-, 5-, 15- and 30-minute, hourly and daily bars going back more than 26 years.

Which is cheaper over five years?

Norgate Platinum ($630/yr) is cheaper in year 1 — $630 against the 25-year bundle's $814.40. The cumulative lines cross during year 2; by year 5 it is $3,150 against $1,772, so you have paid $1,378 less with FinzData.

Is there a migration tool for my Norgate symbols and formulas?

Not yet — a migration bridge is on our roadmap, not shipped, and this page won't pretend otherwise. It is planned to honour Norgate's symbol conventions, the -YYYYMM delisted suffixes included. In the meantime, the per-ticker files and bundles are standard CSV and Parquet.