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Investment Analytics · head to head

Bloomberg Terminal vs LSEG Workspace

Bloomberg Terminal logo

Bloomberg Terminal

Investment Analytics

Real-time market data, news, analytics, messaging and execution across all asset classes

From
On request
Free plan
No
Full reviewWebsite
LSEG Workspace logo

LSEG Workspace

Investment Analytics

LSEG's financial data terminal with Reuters News, analytics, AI agents and Microsoft 365 integration

From
On request
Free plan
No
Full reviewWebsite

The short version

  • Each has a real cost: Bloomberg Terminal no published pricing or plan tiers; the product page offers only a demo request (checked November 2026).; LSEG Workspace no published commercial pricing. LSEG's service overview says applications are not sold individually but packaged into workflow propositions through an account team; the only figure published is for the academic Campus variant (checked November 2026).
  • They diverge on capability: Bloomberg Terminal covers Cross-asset market data and analytics, LSEG Workspace covers Reuters News and 10,000 sources.
  • Prices and features above were last checked on 12 November 2026.

Where they differ

Only the attributes on which Bloomberg Terminal and LSEG Workspace actually diverge.

Attributes where Bloomberg Terminal and LSEG Workspace differ
AttributeBloomberg TerminalLSEG Workspace
PlatformsWindows, Web, iOS, Android, APIWindows, macOS, Web, iOS, Android, API

Identical on both: starting price (On request), pricing model (quote), free tier (No), user rating (Not yet rated), category (Investment Analytics).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Bloomberg Terminal

  • Cross-asset market data and analytics
  • Bloomberg News and Bloomberg Intelligence
  • Instant Bloomberg (IB)
  • Launchpad
  • Execution and order management
  • BQL, BQuant and Excel add-in
  • ASKB
  • Bloomberg Anywhere and Professional app

Only in LSEG Workspace

  • Reuters News and 10,000 sources
  • StarMine and MarketPsych analytics
  • Fundamentals and I/B/E/S estimates
  • Portfolio analytics
  • Workspace AI agents
  • Microsoft 365 integration
  • CodeBook and LSEG Data Library
  • LSEG Messenger

What people use each for

The jobs each tool is most often brought in to do.

Bloomberg Terminal

  • Real-time monitoring of prices, news and alerts across asset classes on a trading desknot LSEG Workspace
  • Communicating with counterparties and clients over Instant Bloombergnot LSEG Workspace
  • Fixed income and derivatives pricing and analyticsnot LSEG Workspace
  • Pulling market and fundamental data into Excel models with the add-in or BQLnot LSEG Workspace
  • Executing and managing orders with pre- and post-trade analyticsnot LSEG Workspace
  • Following company and industry research from Bloomberg Intelligencenot LSEG Workspace

LSEG Workspace

  • Following markets and Reuters News on a research or trading desknot Bloomberg Terminal
  • Equity research with fundamentals, I/B/E/S estimates and StarMine modelsnot Bloomberg Terminal
  • Portfolio performance, risk and attribution with MSCI RiskMetrics and Barra Optimizernot Bloomberg Terminal
  • Building Excel and PowerPoint outputs from LSEG data with the Office add-insnot Bloomberg Terminal
  • Prototyping quantitative research in Python through CodeBooknot Bloomberg Terminal
  • Migrating former Eikon users and Eikon Data API scriptsnot Bloomberg Terminal

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Bloomberg Terminal

  • No published pricing or plan tiers; the product page offers only a demo request (checked November 2026).
  • The installable Terminal is Windows-only. Bloomberg's own FAQ says it is not available for native installation on Mac, and points Mac users to Bloomberg Anywhere in a browser.
  • Access requires biometric (fingerprint) and multi-method authentication, which adds a hardware or app step for every user and complicates shared or locked-down environments.
  • The interface is driven by function codes rather than menus; Bloomberg runs a dedicated Terminal Essentials video series for new users, and the learning curve is a real onboarding cost.
  • ASKB, the AI interface, was announced as a beta, so the natural-language layer competitors are shipping is not yet a general feature.

LSEG Workspace

  • No published commercial pricing. LSEG's service overview says applications are not sold individually but packaged into workflow propositions through an account team; the only figure published is for the academic Campus variant (checked November 2026).
  • Code written against Eikon's APIs has to be rewritten: the Eikon COM APIs and Eikon Data API are replaced by the LSEG COM Library for Workspace and the LSEG Data Library.
  • AI agent availability varies by surface and entitlement: Company Intelligence in Microsoft Teams was listed as coming soon, and LSEG tells users to contact their representative for access.
  • LSEG Messenger is free but, per the service overview, may not come by default with every Workspace variant, and live chat support is not available in the mobile app.
  • The Refinitiv brand transition is unfinished in places: the web sign-in on LSEG's download page still points to workspace.refinitiv.com and the developer community to community.developers.refinitiv.com.

Pricing, plan by plan

Bloomberg Terminal

On request

No published plan breakdown. See the Bloomberg Terminal review.

LSEG Workspace

On request

No published plan breakdown. See the LSEG Workspace review.

Which should you pick?

Choose Bloomberg Terminal if

  • You need cross-asset market data and analytics.
  • You work on Windows, Web, iOS, Android, API.
  • You also want bloomberg news and bloomberg intelligence.
Bloomberg Terminal review

Choose LSEG Workspace if

  • You need reuters news and 10,000 sources.
  • You work on Windows, macOS, Web, iOS, Android, API.
  • You also want starmine and marketpsych analytics.
LSEG Workspace review

Questions people ask

Is Bloomberg Terminal or LSEG Workspace better?
Neither clearly leads. Bloomberg Terminal starts at On request and LSEG Workspace at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Bloomberg Terminal or LSEG Workspace?
Bloomberg Terminal starts at On request and LSEG Workspace at On request.
Does Bloomberg Terminal or LSEG Workspace run on more platforms?
Bloomberg Terminal runs on Windows, Web, iOS, Android, API. LSEG Workspace runs on Windows, macOS, Web, iOS, Android, API.
What is Bloomberg Terminal best used for?
Bloomberg Terminal is most often used for real-time monitoring of prices, news and alerts across asset classes on a trading desk, communicating with counterparties and clients over instant bloomberg, fixed income and derivatives pricing and analytics, pulling market and fundamental data into excel models with the add-in or bql. Of those, real-time monitoring of prices, news and alerts across asset classes on a trading desk and communicating with counterparties and clients over instant bloomberg are not what LSEG Workspace is typically brought in for.
What can Bloomberg Terminal do that LSEG Workspace cannot?
Bloomberg Terminal covers Cross-asset market data and analytics, Bloomberg News and Bloomberg Intelligence, Instant Bloomberg (IB), Launchpad. LSEG Workspace covers Reuters News and 10,000 sources, StarMine and MarketPsych analytics, Fundamentals and I/B/E/S estimates, Portfolio analytics.

Answered from the vendors’ own pages

Bloomberg Terminal: How much does the Bloomberg Terminal cost?

Bloomberg does not publish a price. The product page directs prospective clients to request a demo, and the subscription is quoted by Bloomberg's sales team.

Source
LSEG Workspace: What happened to Refinitiv Eikon?

LSEG withdrew Eikon from its product line on 30 June 2025 and replaced it with LSEG Workspace, which it had been upgrading Eikon users to since Workspace launched in 2020.

Source
Bloomberg Terminal: Does the Bloomberg Terminal run on a Mac?

Not as a native install. Bloomberg's FAQ says the Terminal software is not available for native installation on Mac platforms; Mac users with a Bloomberg Anywhere subscription can access it through a web browser.

Source
LSEG Workspace: Is Refinitiv the same company as LSEG?

LSEG completed its acquisition of Refinitiv in 2021, after which Refinitiv stopped operating as a standalone company. LSEG Data & Analytics is the direct successor to Refinitiv's data and analytics business.

Source
Bloomberg Terminal: What is Bloomberg Anywhere?

The remote access subscription that lets a user connect to the Terminal from a PC, the office, home or mobile devices, including through the Bloomberg Professional app.

Source
LSEG Workspace: How much does LSEG Workspace cost?

Commercial pricing is not published. Applications are packaged into propositions based on user workflows and quoted through an account team. The academic Campus variant is described as starting at $6.67 per user for a minimum of 100 users.

Source
Bloomberg Terminal: What is Instant Bloomberg?

The Terminal's messaging service. It supports persistent chat rooms, tabs and folders, structured data that links to other Terminal functions, and IB Connect for adding proprietary chatbots to chats.

Source
LSEG Workspace: Which platforms does LSEG Workspace run on?

Windows 10 or later and macOS 11 or later as desktop applications, in Chrome, Edge and Safari on the web, and as apps for iPhone, iPad and Android devices.

Source
Bloomberg Terminal: Can Bloomberg data be used in Excel or Python?

Yes. Bloomberg provides Office add-ins for Excel, Bloomberg Query Language, BQuant Desktop and the BLPAPI programming interfaces. ASKB also returns the BQL behind its answers so the analysis can be extended in Excel or BQuant.

Source
LSEG Workspace: What AI features does Workspace have?

Workspace agents including AI Search, Company Intelligence and Deep Research. AI Search and Deep Research are available in Workspace and Workspace for Microsoft Teams, and Deep Research outputs can be exported to Excel.

Source
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