How MarketByOrder Works
Why Bring Your Own API Key?
MarketByOrder replays licensed market data. Because exchanges restrict data reselling and require costly per-exchange licenses, MarketByOrder does not bundle market data into its subscription. Instead, users connect their own Databento API key and access data under their own license. This allows MarketByOrder to offer core replay functionality without bundled data fees. Some advanced features may require a paid subscription in the future.
About Databento
Databento is a professional market data platform that provides high-quality historical data for futures, equities, and options. They offer:
- $125 in free credits for new accounts
- Data costs as low as $0.01-$0.10 per hour of replay; unlimited plans available as well
- Coverage of major futures exchanges (CME, ICE, NASDAQ, NYSE, etc.)
Exchange pricing varies by venue. For per-exchange costs see Databento’s pricing documentation.
For most users, the free $125 credit covers 6+ months of usage on MarketByOrder.
Getting Started
Step 1: Create a Databento Account
Sign up at databento.com to get your free $125 credit.
Step 2: Get Your API Key
After creating your account, navigate to your API settings to generate an API key.
Step 3: Add to MarketByOrder
Copy your Databento API key and add it to your MarketByOrder account settings.
Get StartedFrequently Asked Questions
Is my API key secure?
Yes. Your API key is stored securely in an encrypted database.
Can I use multiple devices?
Yes - once you add your API key to your MarketByOrder account, it works across all your devices where you're logged in.