{"id":2341,"date":"2023-10-04T11:02:52","date_gmt":"2023-10-04T11:02:52","guid":{"rendered":"https:\/\/eodhd.com\/financial-academy\/?p=2341"},"modified":"2025-02-05T10:52:41","modified_gmt":"2025-02-05T10:52:41","slug":"how-to-start-using-eodhd-pythons-financial-library-beginners-guide","status":"publish","type":"post","link":"https:\/\/eodhd.com\/financial-academy\/financial-faq\/how-to-start-using-eodhd-pythons-financial-library-beginners-guide","title":{"rendered":"How to Start Using EODHD Python Financial Library \u2014\u00a0Beginner&#8217;s Guide"},"content":{"rendered":"\n<p>In the world of finance and data analysis, Python has emerged as a powerhouse programming language, thanks in large part to its rich ecosystem of libraries and tools. One such library that stands out in the realm of finance is, unsurprisingly, aptly named: &#8220;EODHD Python&#8217;s Financial Library.&#8221; It is a collection of powerful Python libraries and tools that enable individuals to analyze financial data, build trading strategies, conduct risk assessments, and much more.<br>In this beginner&#8217;s guide, we will take you on a journey through the fundamentals of using Python for financial analysis, providing you with the knowledge and resources you need to embark on your financial data adventure.<br>Throughout this guide, you will learn how to We will walk you through the process of setting up your Python environment, ensuring you have the necessary libraries installed and configured and Get Access to the Financial Data.<\/p>\n\n\n\n<p class=\"has-text-align-center\"><a class=\"maxbutton-1 maxbutton maxbutton-subscribe-to-api external-css btn\" href=\"https:\/\/eodhd.com\/register\"><span class='mb-text'>Register &amp; Get Data<\/span><\/a><\/p>\n\n\n\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-quick-start\">Quick Start<\/h2>\n\n\n\n<p>Before usage of our EODHD Python`s financial library APIs You will need to set up development environment. <a href=\"https:\/\/apps.microsoft.com\/store\/detail\/python-37\/9NJ46SX7X90P?hl=ru-ru&amp;gl=ru&amp;activetab=pivot%3Aoverviewtab&amp;rtc=1\" target=\"_blank\" rel=\"noreferrer noopener\">We are recommending to install Python from the Microsoft Store<\/a>. Installing from the Microsoft Store uses a basic Python3 interpreter, but in addition to automatic updates, also configures the path settings for the current user (without requiring administrator access).<\/p>\n\n\n\n<p>In the following guide I will explain how to install financial library on Anaconda Jupyter Notebook. But if you prefer something else like: Jython, PyPy, WinPython, IronPython, etc.<\/p>\n\n\n\n<p>Firstly, we will need to <a href=\"https:\/\/www.anaconda.com\/download\" target=\"_blank\" rel=\"noreferrer noopener\">download Anaconda<\/a>. While, you would install anaconda it will be better to choose Anaconda3 as Your Default Python 3. Second step is to launch Jupyter Notebook.<\/p>\n\n\n\n<p>In Jupyter Notebook Click \u201cNew\u201d -&gt; \u201cPython 3\u201d and wait until new kernel will get started.<\/p>\n\n\n\n<p>How to install EODHD Python`s financial library?<\/p>\n\n\n\n<p>Before we proceed with fetching the data, we need to install the EODHD APIs Python Financial Library by running this command in command line and run it by pressing Shift + Enter.<\/p>\n\n\n\n            <div class=\"code__wrapper\">\n                <div class=\"code__content\">\n                    \n<pre class=\"wp-block-code has-white-color has-black-background-color has-text-color has-background\"><code lang=\"python\" class=\"language-python\">pip install eodhd<\/code><\/pre>\n\n                <\/div>\n                <div class=\"code__btns\">\n                    <button class=\"code__copy\" class=\"copy\" title=\"Copy url\">\n                        <svg class=\"code__copy__icon\" width=\"20\" height=\"20\" viewBox=\"0 0 20 20\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n                            <use xlink:href=\"\/img\/icons\/copy.svg#copy\"><\/use>\n                        <\/svg>\n                        <img decoding=\"async\" class=\"code__copy__approve\" alt=\"\" src=\"\/img\/approve_ico.svg\" loading=\"eager\">\n                    <\/button>\n                <\/div>\n            <\/div>\n        \n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1452\" height=\"117\" src=\"https:\/\/eodhd.com\/financial-academy\/wp-content\/uploads\/2023\/09\/Screenshot_1.png\" alt=\"\" class=\"wp-image-2342\"\/><\/figure>\n\n\n\n<p>Wait until library will be installed \u2013 it will be shown when [*] will change to [1].<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-importing-required-libraries\">Importing Required Libraries<\/h2>\n\n\n\n<p>Let\u2019s start by importing the necessary libraries. We will need the \u201ceodhd\u201d library for accessing the API, and the \u201cpandas\u201d library for organizing the data into a DataFrame. So, put the following code to the next command line<\/p>\n\n\n\n            <div class=\"code__wrapper\">\n                <div class=\"code__content\">\n                    \n<pre class=\"wp-block-code has-white-color has-black-background-color has-text-color has-background\"><code lang=\"python\" class=\"language-python\">from eodhd import APIClient<\/code><\/pre>\n\n                <\/div>\n                <div class=\"code__btns\">\n                    <button class=\"code__copy\" class=\"copy\" title=\"Copy url\">\n                        <svg class=\"code__copy__icon\" width=\"20\" height=\"20\" viewBox=\"0 0 20 20\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n                            <use xlink:href=\"\/img\/icons\/copy.svg#copy\"><\/use>\n                        <\/svg>\n                        <img decoding=\"async\" class=\"code__copy__approve\" alt=\"\" src=\"\/img\/approve_ico.svg\" loading=\"eager\">\n                    <\/button>\n                <\/div>\n            <\/div>\n        \n\n\n            <div class=\"code__wrapper\">\n                <div class=\"code__content\">\n                    \n<pre class=\"wp-block-code has-white-color has-black-background-color has-text-color has-background\"><code lang=\"python\" class=\"language-python\">import pandas as pd<\/code><\/pre>\n\n                <\/div>\n                <div class=\"code__btns\">\n                    <button class=\"code__copy\" class=\"copy\" title=\"Copy url\">\n                        <svg class=\"code__copy__icon\" width=\"20\" height=\"20\" viewBox=\"0 0 20 20\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n                            <use xlink:href=\"\/img\/icons\/copy.svg#copy\"><\/use>\n                        <\/svg>\n                        <img decoding=\"async\" class=\"code__copy__approve\" alt=\"\" src=\"\/img\/approve_ico.svg\" loading=\"eager\">\n                    <\/button>\n                <\/div>\n            <\/div>\n        \n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1412\" height=\"93\" src=\"https:\/\/eodhd.com\/financial-academy\/wp-content\/uploads\/2023\/09\/Screenshot_2.png\" alt=\"\" class=\"wp-image-2343\"\/><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><a class=\"maxbutton-1 maxbutton maxbutton-subscribe-to-api external-css btn\" href=\"https:\/\/eodhd.com\/register\"><span class='mb-text'>Register &amp; Get Data<\/span><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-accessing-the-eodhd-api\">Accessing the EODHD API<\/h2>\n\n\n\n<p>To access the EODHD API, we need to create an instance of the \u201cAPIClient\u201d class and pass it our API key. In this example, we will use the demo API key provided by EODHD, but in a real application, you should use your registered API key.<\/p>\n\n\n\n            <div class=\"code__wrapper\">\n                <div class=\"code__content\">\n                    \n<pre class=\"wp-block-code has-white-color has-black-background-color has-text-color has-background\"><code lang=\"python\" class=\"language-python\">api = APIClient(\"demo\") # add your api key here<\/code><\/pre>\n\n                <\/div>\n                <div class=\"code__btns\">\n                    <button class=\"code__copy\" class=\"copy\" title=\"Copy url\">\n                        <svg class=\"code__copy__icon\" width=\"20\" height=\"20\" viewBox=\"0 0 20 20\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n                            <use xlink:href=\"\/img\/icons\/copy.svg#copy\"><\/use>\n                        <\/svg>\n                        <img decoding=\"async\" class=\"code__copy__approve\" alt=\"\" src=\"\/img\/approve_ico.svg\" loading=\"eager\">\n                    <\/button>\n                <\/div>\n            <\/div>\n        \n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1481\" height=\"75\" src=\"https:\/\/eodhd.com\/financial-academy\/wp-content\/uploads\/2023\/10\/Screenshot_3.png\" alt=\"\" class=\"wp-image-2584\" style=\"width:879px;height:45px\"\/><\/figure>\n\n\n\n<p class=\"bordered_paragraph\">1. Use \u201c<strong>DEMO<\/strong>\u201d API key to test our data from a limited set of the tickers without registering:<br><a href=\"https:\/\/eodhistoricaldata.com\/financial-summary\/AAPL.US\" target=\"_blank\" rel=\"noreferrer noopener\">AAPL.US<\/a>&nbsp;|&nbsp;<a href=\"https:\/\/eodhistoricaldata.com\/financial-summary\/TSLA.US\" target=\"_blank\" rel=\"noreferrer noopener\">TSLA.US&nbsp;<\/a>|&nbsp;<a href=\"https:\/\/eodhistoricaldata.com\/financial-summary\/VTI.US\" target=\"_blank\" rel=\"noreferrer noopener\">VTI.US<\/a>&nbsp;|&nbsp;<a href=\"https:\/\/eodhistoricaldata.com\/financial-summary\/AMZN.US\" target=\"_blank\" rel=\"noreferrer noopener\">AMZN.US<\/a>&nbsp;|&nbsp;<a href=\"https:\/\/eodhistoricaldata.com\/financial-summary\/BTC-USD.CC\" target=\"_blank\" rel=\"noreferrer noopener\">BTC-USD<\/a>&nbsp;|&nbsp;<a href=\"https:\/\/eodhistoricaldata.com\/financial-summary\/EURUSD.FOREX\" target=\"_blank\" rel=\"noreferrer noopener\">EUR-USD<\/a><br><a href=\"https:\/\/eodhistoricaldata.com\/financial-apis\/new-real-time-data-api-websockets\/\" target=\"_blank\" rel=\"noreferrer noopener\">Real-Time Data<\/a>&nbsp;and All of the APIs (except Bulk) are included without limitations on API calls.<br>2. Register to get your free API key (limitated by 20 API calls per day) with access to:<br><a href=\"https:\/\/eodhistoricaldata.com\/financial-apis\/api-for-historical-data-and-volumes\/\" target=\"_blank\" rel=\"noreferrer noopener\">End-Of-Day Historical Data<\/a>&nbsp;with only past year for any ticker and&nbsp;<a href=\"https:\/\/eodhistoricaldata.com\/financial-apis\/exchanges-api-list-of-tickers-and-trading-hours\/#Get_List_of_Tickers_Exchange_Symbols\" target=\"_blank\" rel=\"noreferrer noopener\">List of tickers per Exchange<\/a><br>3. To unlock your API key we recommend to <a href=\"https:\/\/eodhd.com\/pricing\">choose subscription<\/a> which covers your needs<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-conclusion\">Conclusion<\/h2>\n\n\n\n<p>Now we have installed EODHD financial library on Python. After you installed it, you will be able to start to fetching data by using our APIs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the world of finance and data analysis, Python has emerged as a powerhouse programming language, thanks in large part to its rich ecosystem of libraries and tools. One such library that stands out in the realm of finance is, unsurprisingly, aptly named: &#8220;EODHD Python&#8217;s Financial Library.&#8221; It is a collection of powerful Python libraries [&hellip;]<\/p>\n","protected":false},"author":20,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":true,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[66],"tags":[],"coding-language":[30],"ready-to-go-solution":[56],"qualification":[33],"financial-apis-category":[],"financial-apis-manuals":[],"class_list":["post-2341","post","type-post","status-publish","format-standard","hentry","category-financial-faq","coding-language-python","ready-to-go-solution-eodhd-python-financial-library","qualification-newbie"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v26.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How to Start Using EODHD Python Financial Library \u2014\u00a0Beginner&#039;s Guide | EODHD APIs Academy<\/title>\n<meta name=\"description\" content=\"Discover the power of EODHD, a Python financial library, with our beginner&#039;s guide. Improve your financial analysis with Python.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/eodhd.com\/financial-academy\/financial-faq\/how-to-start-using-eodhd-pythons-financial-library-beginners-guide\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How to Start Using EODHD Python Financial Library \u2014\u00a0Beginner&#039;s Guide\" \/>\n<meta property=\"og:description\" content=\"Discover the power of EODHD, a Python financial library, with our beginner&#039;s guide. 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