💰 AI API costs for BYOK financial analysis

Complete 2026 guide — how much you really pay when using Alpha with your own Claude/OpenAI/Gemini key.

📌 TL;DR — With your own API key (BYOK), you pay between $2 and $150 per month depending on usage. That's 100 to 200× cheaper than a Bloomberg Terminal ($24,000/year) or a Koyfin Plus ($468/year), for a set of 46+ analysis modules powered by the best AIs on the market.

🤔 What is the BYOK model?

BYOK means Bring Your Own Key. Instead of paying a SaaS subscription several hundreds of euros per year that includes "AI", you pay your AI provider directly (Anthropic, OpenAI, Google, etc.) at cost. Alpha is just an orchestration layer: 46+ pre-configured analysis modules that call the API of your provider of choice with the right prompts.

You subscribe (€9.99/month), and AI usage is at market price, no middleman.

📊 Main provider pricing (2026)

Provider Flagship model Input ($/M tokens) Output ($/M tokens) Recommended for
🤖 Claude (Anthropic)Opus 4.7$15$7510-K, taxation, nuanced reasoning
🤖 Claude Sonnet 4.6Balanced$3$15Daily usage
🤖 Claude Haiku 4.5Fast$0.80$4Quick analyses, chatbot
🧠 OpenAI GPT-5Flagship$5$15Versatile
🧠 GPT-5 MiniBalanced$1$4Standard analyses
🧠 GPT-5 NanoFast$0.20$0.80Cheapest OpenAI
Google Gemini2.5 Pro$1.25$10Long context, native PDF
🐦 xAI GrokGrok 4$3$15Real-time X sentiment
🇫🇷 MistralLarge$2$6EU data, code
CerebrasLlama 70B$0.85$1.20Ultra-fast inference (>2000 tok/s)
🐙 GitHub ModelsMultiFree*Free*Free tier (rate-limit)

*Free tier with rate limits — personal use only with a GitHub PAT.

🎯 Estimated cost per Alpha module

Here are average costs per analysis for the most-used modules, based on real token profiles (input + output). Numbers shown use Claude Sonnet 4.6 (balanced tier), the app default.

Module Input/Output (tokens) Cost/analysis ×100 analyses
⚡ Quick Analysis1500 / 800$0.017$1.70
💬 Chatbot (per message)1000 / 600$0.012$1.20
🎯 Position Sizing1200 / 800$0.015$1.50
🧮 DCF / Fair Value2500 / 2000$0.038$3.75
🌍 Macro Dashboard3000 / 2500$0.047$4.65
🇫🇷 Tax Optimizer FR3500 / 3500$0.063$6.30
🔥 Hidden fees (AI synthesis)4000 / 3500$0.065$6.50
📊 Portfolio Audit6000 / 4500$0.086$8.55
🚀 Research Agent8000 / 4000$0.084$8.40
📑 10-K Decoder25,000 / 5000$0.150$15.00
🎙 Earnings Call30,000 / 4000$0.150$15.00
🎙 YouTube + CEO Forensics35,000 / 4000$0.165$16.50

💡 Tip: If you mostly use light modules (Quick Analysis, Position Sizing, Chatbot), 100 analyses/month will cost you about $1.50. Less than a Starbucks coffee. Heavy analyses (10-K, Earnings, YouTube) should be reserved for important decisions — 5/month = $0.75. Total: ~$2-3/month for casual usage.

📈 Monthly budget by profile

🐢 Casual

5 analyses / week

$2 – $8/month

Daily Quick Analysis + 1 DCF per week. Ideal for tracking 5-10 names.

⚡ Active

3 analyses / day

$15 – $40/month

Daily Quick Analysis + DCF + Macro + Sentiment. Active investor tracking 30+ names.

🚀 Power User

Pro research

$50 – $150/month

Daily Research Agent + 10-K + Earnings + YouTube. Amateur hedge-funder, financial advisor.

⚖️ BYOK vs SaaS comparison

Solution Model Yearly price AI included?
Alpha (BYOK)Subscription + your API~€220/year total (€9.99/mo × 12 + ~$100 API)✅ You, at cost
Bloomberg TerminalSaaS Pro$24,000/year❌ No integrated generative AI
Koyfin PlusRetail SaaS$468/year❌ No AI
Simply Wall StSaaS$288/year⚠️ Limited proprietary AI
Stock Rover Premium+SaaS$280/year❌ No AI
TradingView PremiumSaaS$700/year❌ No generative AI

💡 How to reduce API costs

  1. Default to "balanced" tier — Sonnet 4.6 or GPT-5 Mini are 5× cheaper than flagship for 90% of cases.
  2. Configure several providers and let the app's smart router pick the cheapest per module.
  3. Enable GitHub Models or Cerebras — free tier (rate-limited) covers casual usage.
  4. Disable web search on modules that don't need it (cache recent answers).
  5. Avoid duplicate analyses — the app keeps IndexedDB history, re-read it before re-running.
  6. Leverage prompt caching on Claude/OpenAI: if you chain analyses on the same asset, the system prompt is cached and billed 90% less.

🪙 Built-in optimizations in Alpha (automatic savings up to -70%)

Alpha includes 7 cost optimizations toggleable in one click in Settings → Advanced. All individually disableable.

Optimization How it works Savings
🪙 Eco ModeForces balanced tier (Sonnet 4.6, GPT-5 Mini, Gemini Flash) instead of flagship for all modules.-70%
⚡ 24h result cacheIf you re-run a module with the same input within 24h, we reuse the existing IDB result. "Re-run" button available if you want to force.-30 to -40%
💾 Anthropic prompt cachingMarks system prompt as cacheable on Anthropic side (cache_control header). 2nd call billed 90% less on cached part.-90% on cached tokens
🎯 Wealth context trimWealth context sent to the AI is filtered per module: Tax-FR only gets FR holdings, IFI Simulator only gets real estate, etc.-30 to -50% input tokens
📡 15-min data context cacheFMP/Finnhub/CoinGecko calls (live prices, fundamentals) cached 15 min. 5 AAPL analyses in 5 min = 1 fetch instead of 5.-50% on stocks API
💰 Per-analysis budget capSet a $ cap — analysis is canceled if it would exceed the threshold. Anti-surprise guardrail.Guardrail
🆓 Free providersOnboarding suggests GitHub Models / Cerebras / Mistral free tier. Covers ~50 analyses/month for free — how to get your API key for free in 5 minutes.-100% casual

🧮 Wealth-side savings on top

Beyond reducing API costs, Alpha includes 3 modules that save you directly on your wealth:

📉 Before / After in numbers

Profile No optims With optims enabled Savings
🐢 Casual (5/week)$8/mo$2/mo-75%
⚡ Active (3/day)$40/mo$10/mo-75%
🚀 Power user$150/mo$45/mo-70%

Cumulative savings. Enable in 2 clicks via Settings → Advanced.

❓ FAQ

How much does an AI financial analysis cost?

Between $0.001 and $0.50 depending on the module. A quick analysis (Quick Analysis, ~2k tokens) costs ~$0.005. A deep 10-K report analysis (~30k input tokens) costs $0.10-$0.50 depending on the model used (Claude Opus, GPT-5, Gemini 2.5 Pro).

What's a realistic monthly budget to use Alpha in BYOK?

Depending on your usage: $2-$8/month for casual usage (5 analyses/week), $15-$40/month for active usage (3 analyses/day), $50-$150/month for power user (research-agent + 10-K + youtube daily). That's 100 to 200× cheaper than a Bloomberg Terminal.

What's the difference between fast / balanced / flagship tiers?

Fast: lightweight models (Claude Haiku, GPT-5 Nano) — $0.20-$0.80/M tokens — quick but less nuanced. Balanced: main models (Sonnet 4.6, GPT-5 Mini, Gemini 2.5 Pro) — $1-$3/M tokens — best price/quality ratio, recommended default. Flagship: top-tier models (Opus 4.7, GPT-5, Grok 4) — $5-$15/M tokens — for complex analyses (10-K, taxation, long reasoning).

How to reduce API costs?

1) Use the "fast" tier for simple analyses. 2) Configure several providers and let the smart router pick the cheapest per task. 3) Enable Cerebras or GitHub Models (free tier with rate-limit). 4) Disable web search for modules that don't need it. 5) Leverage Anthropic prompt caching (90% off on repeated prompts).

Why is BYOK cheaper than a SaaS subscription?

An AI analysis SaaS takes 5 to 10× the raw API cost to cover its cloud infra, customer support, commercial margin. With BYOK you pay the API at cost from the provider (Claude, OpenAI, Gemini). Typical savings: a user at 50 analyses/month pays $5-$15 in BYOK vs $30-$50 in equivalent SaaS subscription. And if you don't use the app for 1 month, you pay nothing.

Are API keys stored securely?

Yes. Keys are encrypted locally on your device via AES-GCM 256 + PBKDF2 100K iterations. The master password never leaves your machine. Alpha has no servers, no proxy, no telemetry. You can verify with DevTools → Network: only direct calls to provider APIs are visible.

🚀 Ready to try?

€9.99/month, your API at cost. Free demo mode to test without configuring a key.

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