Bloomberg Terminal vs FactSet Comparison
Bloomberg Terminal
Starting at Contact for pricing
- Large Enterprises
- Medium Business
Bloomberg Terminal is a sophisticated decision-making software designed to help investors with their business strategies. It provides the latest tools, including portfolio monitoring, desktop applications, market alerts…
FactSet
Starting at Contact for pricing
- Large Enterprises
- Medium Business
FactSet is a comprehensive investment management platform which offers actionable insights on financial, ESG, debt, estimates, research news and other data, enabling businesses to make informed decisions and develop succ…
Bloomberg Terminal leads on user satisfaction with a 4.3-star rating across 57 reviews.
Bloomberg Terminal vs FactSet — at a glance
| Feature | Bloomberg Terminal | FactSet |
|---|---|---|
| Rating | 4.3 / 5 | — |
| Reviews | 57 | — |
| Starting price | Contact for pricing | Contact for pricing |
| Free trial | No | No |
| Free version | No | No |
| Best for | Large Enterprises, Medium Business, Small Business | Large Enterprises, Medium Business, Small Business |
| Category | Financial Research Software | Financial Analysis Software |
| Platforms | SaaS/Web/Cloud | SaaS/Web/Cloud |
| API | Available | Available |
| Support modes | Business Hours, Online | Business Hours, Online |
| Certifications | GDPR | SOC 2 |
| Data residency | Global | Global |
Key differences between Bloomberg Terminal and FactSet
- Deployment: Bloomberg Terminal supports SaaS/Web/Cloud; FactSet supports SaaS/Web/Cloud.
Bloomberg Terminal vs FactSet — find the better fit before you commit.
Which tool fits your team best
Which is actually cheaper for your team size
Where each product wins, per real buyers
Most Financial Research Software tools look identical on paper. This comparison cuts to the differences that matter — pricing structure, team fit, and what real buyers found after signing up.
Biggest differences
Features
Pricing
Buying details
Security
Buyer feedback
Integrations
Product tour
Other options
Talk to an expert Talk to an expert | Talk to an expert Talk to an expert |
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Biggest differences
Start here before you go deeper into features.
Best for advanced financial professionals needing comprehensive market data and analytics.
- You require extensive, real-time coverage across multiple global asset classes.
- Your team needs sophisticated portfolio monitoring and advanced charting tools.
- You are a medium to large enterprise with resources for complex, enterprise-grade software.
- You are a small business with limited budget and need cost-effective solutions.
- Your team prefers simple, entry-level financial tools with minimal training requirements.
Large Enterprises, Medium Business, Small Business
Bloomberg Terminal typically suits Large Enterprises and Medium Business. FactSet tends to fit Large Enterprises and Medium Business better. The right choice depends on your team size, workflow, and whether a free trial matters.
Description | Bloomberg Terminal is a sophisticated decision-making software designed to help investors with their business strategies. It provides the latest tools, including portfolio monitoring, ... Read More about Bloomberg Terminal | FactSet is a comprehensive investment management platform which offers actionable insights on financial, ESG, debt, estimates, research news and other data, enabling businesses to make ... Read More about FactSet |
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Free Trial Availability |
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User RatingsBased on verified Spotsaas reviews | ||
Best Company Size | Medium BusinessLarge Enterprises | — |
Get pricing help | Get pricing help |
Software Demo
Demo |  Bloomberg Terminal has not given any software demo yet If you're the owner of this profile, add your demo.Contact us |
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How do Bloomberg Terminal and FactSet Compare on Features?
Total Features | 5 Features | 5 Features |
|---|---|---|
Unique Features | No unique features | No unique features |
Get Quote | Get Quote |
Compare Bloomberg Terminal and FactSet on pricing
Review starting price, plan structure, and free-trial access side by side so you can see which option fits your budget and buying process.
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Other Details
Organization Types supported |
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Platforms Supported |
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API Support |
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Get help choosing | Get help choosing |
Security & Compliance
Certifications, data handling, and security controls for IT and compliance evaluators.
SOC 2 | — | ✓ Yes |
|---|---|---|
HIPAA | ✗ No | ✗ No |
GDPR | ✓ Yes | — |
Single Sign-On (SSO) | ✓ Yes | — |
Multi-Factor Auth (MFA) | ✓ Yes | — |
Data Encryption | ✓ Yes | — |
Data Residency | 🌐 Global | 🌐 Global |
Bloomberg Terminal User Reviews & Rating Comparison
User Ratings | No reviews available for the product | |
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Rating Distribution | No reviews available for this product | |
Spotsaas Editor’s POV generated by AI | Buyer sentiment Buyers appreciate Bloomberg Terminal's comprehensive data and advanced tools but note its high cost and complexity as significant drawbacks. What buyers like
Common complaints
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Common complaints
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Pros and Cons |
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Positive Reviews | No reviews available for the product | No reviews available for the product |
Media and Screenshots
Screenshots |  4 Screenshots |  3 Screenshots |
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Videos | No videos available. |  6 Videos |
Top Alternatives to Bloomberg Terminal and FactSet in 2026
Alternatives |
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Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].
Frequently asked questions
- Which is better, Bloomberg Terminal or FactSet?
- Bloomberg Terminal edges out the other on user ratings (4.3 vs -1.0). That said, the best pick depends on your use case — use the comparison tables above to evaluate each dimension.
- Do Bloomberg Terminal and FactSet offer a free trial?
- Neither Bloomberg Terminal nor FactSet currently lists a free trial.
- What is the starting price of Bloomberg Terminal vs FactSet?
- Bloomberg Terminal starts at Contact for pricing. FactSet starts at Contact for pricing.
- What are the top alternatives to Bloomberg Terminal?
- Top alternatives to Bloomberg Terminal include alerto.in, SaaSLicense, Qualified, Workvivo, TradingView.
- What are the top alternatives to FactSet?
- Top alternatives to FactSet include Morningstar Office, Kaya, Qualified, Growthsense, Workvivo.