by QMatix

Delivering the Stock Market to Excel


What is the difference?



xlq is available in 2 different licenses xlq2 and xlq2Lite (previous licenses using the original xlq data engine will automatically function as xlq2Lite)

Starting from version 21.1 xlq2 may be installed without a license allowing you to trial xlq2Lite for around 3 weeks.

If you wish to trial all of xlq2, at any point you may in addition request a 3 week trial license by emailing

Key difference in the licensing are:


  • A valid xlq2Lite license allows you to run any version of xlq released before the license expiry date.
  • On expiry all functionality not indicated as requiring a current license will continue to function.
  • It is possible to renew the license at discounted rates if done within 3 months of expiry, extending the license by 1,2 or 3 years.
  • If the license has expired by more than 3 months you would need to repurchase (it may be possible to request a discount).


  • In order to use xlq2 with all xlq2 functionality a valid and up to date xlq2 license is needed.
  • If the xlq2 license is expired it will continue to function as xlq2Lite until renewed (which needs to be done within 3 months).

It is possible to upgrade a current xlq2Lite to xlq2 at any time. Cost is difference in price.

There is no downgrade option. Any downgrade should be requested and may be done at the renewal date.



Compared to the original xlq engine, xlq2 has all features of xlqPlus and more. xlq and xlq2 are compatible. Everything designed with xlq will work in xlq2, and everything designed in xlq2 will work in xlq (except for xlq2 specific features).

As xlq2Lite shares the same core functionality, compatibility of common features is ensured, and workbooks may be shared between licenses, but any xlq2 features in the workbook would require xlq2 to run.

The original xlq data engine, initially designed in 2000 has been optimized and expanded upon ever since. Development of xlq2 began in 2011 as an alternative to better handle more data, faster and to lay the ground work for extra functionality difficult to implement in the existing design.

In short, data storage, memory, thread handling and processing are different. This allows xlq2 to do more simultaneously with the same data allowing for more complex processing, providing faster access, more possibilities and lays the groundwork for new features.

xlq2 was publically released in 2018 as a high end alternative to xlq.


Which should I use?

As everyone now gets to use the core xlq2 engine, choice is simplified. If you do not need any of the hundreds of extra xlq2 formulae, the extra possibilities or need support for any of the additional data sources, xlq2Lite would be the choice. If you are new to xlq and learning or only require basic functionality xlq2Lite will cover your needs, knowing that you can always expand if you need more.

A full xlq2 license also provides:

  • Powerful Historic Intraday Formulae ( xlqhi..., xlqxhi... and xlqrhi...) allowing you to work with multiple x minute intervals, referencing data by time performing calcutions on series or ranges:
    • Works with multiple time intervals (specified in the formulae).
    • Can work with months of data (depending on source) including historic and / or current day / realtime updating .
    • Can reference data by date / time or relative reference.
    • Can work with market hours only and / or include pre/post market.
    • xlq2 view with intraday by date allowing for multiple intervals.
  • support for Financial Modeling Prep (FMP) as a subscription source, with hundreds of formulae covering vast amounts of data, including:
    • Over 50 different worldwide exchanges are covered.
    • As well as forex, commodities, cryptos, indexes etc.
    • Realtime snapshot data
    • Historic day / week / month data is available as splits adjusted or dividend and split adjusted
    • Historic dividends, splits, earnings, financials available for many markets going back over 30 years
    • Upcoming dividends, splits, earnings and targets for many markets
    • Growth, key metrics and other historic ratios
    • Bulk data requests including all data for a market day etc.
    • Historic intraday data.
    • and more.
  • support for EODHistoricalData (EODHD) as a subscription source, with hundreds of formulae covering vast amounts of data, including:
    • Over 60 different worldwide exchanges are covered.
    • Including virtual exchanges covering forex, commodities, cryptos, bonds, indexes etc.
    • Detailed options data is also available
    • Historic day / week / month data is available as unadjusted, splits adjusted or dividend and split adjusted
    • Delayed snapshot data.
    • Historic dividends, splits, earnings, financials available for many markets going back over 20 years
    • Upcoming dividends, splits, earnings and targets for many markets
    • Insider transactions
    • Other detailed statistics / fundamentals.
    • Bulk data requests including all data for a market day etc.
    • Index constituent data
    • and more.
  • support for Norgate Data as a subscription source, integrating their NDU subscription into xlq2 (some features outlined in the examples below). They provide top quality unadjusted, split and or split and dividend adjusted historic data, including for delisted symbols along with full dividend history and a lot more, such as historic index constituent information. Also covers the Australian market, futures, forex etc. via the following sources as per your Norgate subscription

    And over 150 data fields are returned via xlqhNorgate, covering
    fundamentals referencing the current price
    trailing 12 month fundamentals
    Most recent quarter/interim reporting period
    Most recent completed fiscal year
    Broker Consensus Forecasts/Projections

    • supports for Stockwatch as a historic data subscription source with a difference. Data is downloaded per exchange and per market day, covering US and Canadian equities, indexes and options.
    • Extra support for Schwab covering more symbols, currencies, futures and futurs options.
    • Extra support for Tradier covering more symbols, an extra streaming realtime source (tradier2), options (including streaming realtime, historic and chain formulae), dividends and splits and the extra tradier view.
    • The xlq2 data source providing real-time snapshot (x-minute) data for US equities is provided at no additional cost. Underlying data is provided by iex-cloud.
    • Extra views such as the historic period view and additional for the following sources:  EODHD FMP, Tradier and Norgate Data.
  • The Data Engine / Views using Norgate as example

    Historic Period View

    In xlq2 it is also possible to view the historic market data by calendar day (or week or month).

    As well as data per symbol who paid or will pay a dividend during s specific month. With EODHD is it also possible to view earnings (historic and upcoming) during the selected month.


    Norgate Data View

    If using Norgate Data as the source it is possible to view and query information on all symbols that are available to you, along with detailed descriptions, including for delisted symbols.

    It is also possible to view indexes, and for certain, constituent information

    In Excel

    Norgate Data Specific

    Over 150 data fields are returned via xlqhNorgate, covering
    fundamentals referencing the current price
    trailing 12 month fundamentals
    Most recent quarter/interim reporting period
    Most recent completed fiscal year
    Broker Consensus Forecasts/Projections



    It is also possible to obtain the constituent list of certain indexes (current or also including historic symbols) as well as the list of indexes a symbol belongs to. It is also possible to check if a symbol was part of an index on a specific day


    Historic data with a difference. Data is downloaded per exchange and per market day, covering US and Canadian equities, indexes and options.

    Your Stockwatch account would need to be active, with at least an "Intermediate subscription" and your sign in information entered into xlq preferences. You would also need to choose the exchanges you want data for and the number of days to retrieve.




    New Tips and Tricks Page
    • A quick reference guide to using xlq2 with excel including shortcuts, tips etc.

    • Examples and explanations for all user levels.
    Also available via the Resource menu above, along with references for formulae, symbols etc.


    10 May 2024

    XLQ2 24.2 released

    • Schwab added as new source
      • Realtime Snapshot data
      • Historic day / week / month
      • new formulae..
      More >>
    • Tradier added as new source
      • Streaming Realtime and Snapshot data
      • Historic day / week / month
      • Historic and upcoming dividends / splits
      • Options data includes realtime, historic and chains
      • Tradier view
      • Historic intraday
      • new formulae..
      More >>
    • Chaikin Money Flow
    • Historic Intraday Formulae - Now possible to work with the latest partial bar
    • New support formulae for options - convert an option from one source to another or build an option symbol per source based on underlying data
    • More. >>

    Current Offers

    1 year of upgrades included
    Purchase xlq2Lite for $159
    Purchase xlq2 for $299

    Pleased with the service and support
    or feel extra has been earned?

    Your acknowledgement is appreciated.
    Thank you

    User Comments

    It is so uncommon in this day and age to receive top-level, human support and I appreciate that immensely. The quality, breadth and utility of your product is incredible, but even more impressive is the level of support you provided to me, just one individual customer. You may quote me on that. Thank you.

    - C.B.

    Wow, you did a lot of work on this version. New interface and other things as well. I must give you credit for being the most responsive software engineer that I've ever encountered. Every question that I've sent you over the many years (since 2003!!!) has been answered quickly and professionally. I just wanted to let you know that it is appreciated.

    - M.N.

    I have to say Leo that the last two versions have made some tremendous improvements to what has been for years an outstanding application. Thank you for your continued efforts.

    - C.A.

    Just to let you know that, the new version works much better & faster than the older one. I like it a lot, fantastic job you did!!!

    - R.S.

    Many thanks indeed for your clear and very rapid reply. I am not used to this type of quality service - I thought it went out of fashion years ago !!

    - P.G.

    In only 40 some days XLQ has helped me with a number of research projects I couldn't possibly have done without it and I'm now using it to help manage and track current trades and to alert me to potential new trades.

    - D.P.

    I just wanted to take a moment and thank you for creating XLQ. I use it regularly for scanning/monitoring securities in Excel 2007.  I have programmed in trailing stops for securities I own and numerous techniques using indicators for securities on my watch list. The combination of Excel 2007 and XLQ has opened up nearly an unlimited capability that is only constrained by my imagination.

    - E.H.

    Thank you for the amazing package -- I use it daily and it's ridiculously useful! Others (.....) have added some of the features you have, but none of them even comes close to matching what you've built.

    - R.B.

    Your product is fantastic, amazing, and really strong. It has real enabling capability. Thank you for putting this into the market!

    - R.G.

    You have an exceptional customer service, you have always answered my questions, I thank you for that, made it really easy to use this software, will be your long term customer. Thanks.

    - A.D.

    I was halfway resigned to have to program something like this myself. Only it would have taken me forever, and I couldn't have done it half as well. Thanks!

    - M.S.

    I also want to thank you for making the XLQ program. It is something that is very useful and incredible helpful. Like it was made for my needs.

    - J.T.

    I have already modified your demo sheet to fit my needs.  Your program allows me to turn my excel spreadsheet into a total information center that updates automatically. It's elegant.

    - W.H.

    First, I want to say that your program is probably the finest piece of work I have ever seen. The depth is simply amazing. Congratulations and thanks.

    - D.B.

    Thanx, Leo.  You're a great sport.  By the way, partially because of the application of xlq in my screen, I have passed 30% up in the market this year!!!!

    - B.H.

    This is a wonderful product -- simple to use and just plain useful!

    - C.B.

    I want to say you have created THE ULTIMATE data interface software for traders like me who prefer to use Excel for everything. Thanks a bunch.

    - M.Y.

    I just wanted to say, that I very much like your xlq package. I have tried many similar products and this is by far the best I have come across. Simple, fuss-free setup, integrates well with Excel, and has its own stand alone interface to track your portfolio throughout the day. Since I am from Europe, and trade US, European and Japanese securities, the ability to use a variety of feeds simultaneously and transparently is particularly valuable to me.

    - H.S.

    I really appreciate your quick responses. And your program is terrific. The Plus version adds a lot with it‘s AAII interface. I’ll definitely register it since in the last week it has become an indispensable part of my stock analysis.

    - R.S.

    I found XLQ yesterday afternoon – and I am blown away by how useful it is. You really need to market this thing because it is AWESOME!!!

    - D.B.

    Your explanation was very good. I understand now and find it very useful. If you always reply so quickly to questions, I will have to believe that you supply the best and fastest support of any software company.

    - D.H.

    I have “dabbled” for several years creating many of the things you present in this great program. I first began using the “*.iqy” external query (update times horrendous), then Excel VBA and lately attempting to learn “C” or “C++” in order to have smoother, faster updates as well as a great appearing “front end”. Your program certainly is, by far, the leader and has the greater edge over any I have seen, or tried to accomplish. Thank you for such a great program.

    - R.H.

    You are a very special person to reply so quickly and I want to thank you again. I enjoy your program. It gives me everything I need, and I know there is so much more functionality that I'm not even exploiting.

    - F.D.

    I love your program. XLQ combined with the power of Excel brings limitless possibilities to manipulate data for better trading. I recommend it to everyone I know interested in trading.

    - P.S.

    Thanks for such a great program. I have no programming experience and was trying to find a way to do just what you have done. Only you did much more. It’s fantastic and reasonably priced too!

    - D.T.

    Thank you so much for your help and your phenomenal programming. XLQ is awesome.

    - T.K.

    I use your XLQ product all the time. Some of the best money I've ever spent on software.

    - L.S.

    First, a thank you for the excellent and useful adjunct to EXCEL. I seem to discover a new use every day – and I’m sure I haven’t even scratched the surface to utilize XLQ’s full potential. The new version is really great.

    - W.H.

    First let me say that I feel XLQ is terrific. I really appreciate the versatility you have made possible with this package. I have set up a few worksheets and find it easy to learn and use with the aid of the included demo sheets. This application has the potential in my opinion to be unmatched in power, efficiency and productivity.

    - C.A.

    Your software is on its way to becoming the only window that I need to the market’s numbers. With the ability to arrange thing EXACTLY the way I want them, and the use of conditional formatting to trigger alarms and display changes to suit my needs, I am gradually replacing all of the other market tools I’ve been using. I can’t be a more enthusiastic supporter of what you are doing. Thanks.

    - W.G.

    I'm wowed by your software!! I used to enter data in my spreadsheet for two hours for each update, and therefore only did it once or twice a week. Now I do it with the close each day - in about 30 seconds!!! And I've added some data points to help with my analysis that I just could not manage to maintain before. Thanks again for a great program, a great deal, and great support!!!!!

    - R.K.

    Your software is great. I'm hooked on the info I can generate for stock purchasing and selling using your program. In two weeks I've become an XLQ junkie.

    - V.D.

    Please let me tell you how much I have come to depend on XLQ in a short period. This is a great product!! You have made my job significantly more streamlined, and my tasks simpler and more elegant. Many, many thanks!

    - L.D.

    I have been evaluating XLQ for the past few weeks and am thoroughly impressed with the product. It is versatile, easy to use, accurate and very intuitive. It is a real bargain compared to competitive products plus it runs right from within Excel. Based on this I just entered my purchase order.

    - M.M.

    I ADORE your program. It has really helped me to learn about how the markets work, and building my own system indicator by indicator is the best way to learn.

    - B.K.

    Leo: count me as a satisfied customer. I gave it a good workout for a month, decided to buy it when it saved me 5 hours of administration the first week, and helped me do some studies I had been postponing for months due to slow data retrieval. Your product is smooth, fast and elegant with a very clean presentation. Well done!

    - K.L.

    The more I work with XLQ, the more I like it. It is fast! And so rich... I like it so much I have decided to adopt it as my #1 tool for the long term.

    - S.C.

    Thanks very much for writing XLQ - I like it very much as it gives me the opportunity to manipulate data as I want without a very steep learning curve.

    - T.B.

    I just downloaded a trial of XLQ and have been "playing" with it for hours. I am so impressed. I wish I would have known about your program years ago.

    - D.F.

    I just purchased your software and think it is the next best thing since the spreadsheet.

    - R.D.

    Thanks for the best (and least complicated) investing software out there!!

    - F.B.

    Your software is simply brilliant, for the last week that I have been trying it, I have been impressed no end.

    - G.R.

    Thanks, Xlq is a great piece of software, its actually saving me a heap of time and time is the precious commodity in these hectic days.

    - J.P.

    The XLQ interface with Excel is excellent. I have been waiting for this capability for years.

    - H.A.

    Please accept my thanks for your wonderful product - it is a pleasure to use.

    - D.L.

    Your software is just what I have needed. It provides me with the capability to customize data and construct charts which give me the views I like - not just what someone thinks I would like.

    - D.E.

    Firstly, let me say that the philosophy and idea behind XLQ is exactly what I am looking for.

    - S.P.

    The more I use XLQ the more I appreciate what can be done with it.

    - S.M.

    Just like to say, excellent work. A potentially good bit of software for me.

    - M.C.

    I love your product so far. ... Thank you for making such product available.

    - A.T.

    Thanks for the Tip. You know, your program is really super.

    - P.B.

    Great software! Simple, elegant, well-thought-out and fast.

    - R.M.

    I am always finding new ways to use your program in my investment / speculative Market endeavors.

    - S.S

    Thanks for such a wonderful product. It certainly does handle my most precious need which is to monitor the market realtime..

    - W.B

    It is a pleasure doing business with such a responsive person who obviously understands the value of good customer service. I have just registered and intend to make good use of this program.

    - E.D.

    Your fast and thorough answer is more than what I expected. Your service is awesome and your product is very stable. Keep up with your good work. Sincerely appreciated :)

    - V.P.

    Just a note to let you know that I really like you software. It's a wonderful interface that has been of great utility to me.

    - J.B.

    Join the XLQ2 Users Group


    xlq2 has been recommended in the following:

    Definitive Guide to Position Sizing

    Van Tharp

    Paul King