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Avaloq vs MX

Both stand on digital banking platforms. Which one you can start free with, which one lets you read the code, and what each costs once you pay.

Avaloq

Paid AndroidAPIiPhone+2

Avaloq brings a wide range of banking and wealth management processes into one platform, with several delivery models and integration paths. Institutions should request pricing and evaluate which capabilities and deployment approach fit their operations.

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MX

Free plan AndroidAPIiPhone+1

Choose MX if your financial institution or fintech needs account connectivity, verification, and categorized financial data for digital experiences. Its free account is listed for up to 100 users; the Mobile Banking SDK is limited to approved third parties or contracted customers.

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The facts

AvaloqMX
Free planNot publishedYes
Open sourceNot publishedNot published
Runs onAndroid, API, iPhone, Self-hosted, WebAndroid, API, iPhone, Web
Lowest paid planFree or on requestFree or on request
Plans published12
MakerNot publishedNot published
Websiteavaloq.commx.com
On digital banking platforms#2 of 55#1 of 55

Avaloq: what it does well

  • Covers more than 100 financial products.
  • Supports SaaS, platform-as-a-service, and on-premises deployment.
  • Digital channels include web and mobile experiences.
  • Offers APIs, data streaming, and standard interfaces.
  • Includes loan management and regulatory reporting.

What to know first

  • Pricing is available only on request.
  • The platform is intended for financial institutions.
  • Deployment includes on-premises and hosted options to assess.

MX: what it does well

  • Connects consumer financial accounts for a combined view.
  • APIs support linking, verification, balance checks, and permission-based sharing.
  • Direct OAuth connections can validate accounts in less than five seconds.
  • Categorizes transaction data and aggregates investment accounts.
  • Lists real-time refresh and PDF statements.

What to know first

  • Mobile Banking SDK access requires approval or a customer contract.
  • MX Platform pricing requires a demo request.

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