---
description: Discover the benefits and disadvantages of NumXL.  Learn the software price, see the description, and read the most helpful reviews for UK business users. 
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title: NumXL Pricing, Cost & Reviews - Capterra UK 2026
---

Breadcrumb: [Home](/) > [Statistical Software](/directory/30752/statistical-analysis/software) > [NumXL](/software/150173/numxl)

# NumXL

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> Software for Excel that allows you to apply advanced econometric analysis quickly, track your changes, and share your models.
> 
> Verdict: Rated **4.8/5** by 24 users. Top-rated for **Likelihood to recommend**.

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## Overview

### Who Uses NumXL?

Business analysts, consultants, universities, research institutions, government, manufacturing, energy, supply chain, and financial services.

## Quick Stats & Ratings

| Metric | Rating | Detail |
| **Overall** | **4.8/5** | 24 Reviews |
| Ease of Use | 4.6/5 | Based on overall reviews |
| Customer Support | 4.7/5 | Based on overall reviews |
| Value for Money | 4.8/5 | Based on overall reviews |
| Features | 4.4/5 | Based on overall reviews |
| Recommendation percentage | 90% | (9/10 Likelihood to recommend) |

## About the vendor

- **Company**: Spider Financial
- **Founded**: 2008

## Commercial Context

- **Starting Price**: US$25.00
- **Pricing model**: Per User (Free version available) (Free Trial)
- **Pricing Details**: Academic, Non-Profit, Government Discounts&#10;Volume Discount
- **Target Audience**: Self Employed, 2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000, 5,001–10,000, 10,000+
- **Deployment & Platforms**: Windows (Desktop), Windows (On-Premise)
- **Supported Languages**: English, Spanish
- **Available Countries**: United States

## Features

- Data Visualisation
- Forecasting
- Multivariate Analysis
- Regression Analysis
- Statistical Simulation
- Time Series Analysis

## Support Options

- Email/Help Desk
- FAQs/Forum
- Knowledge Base
- Phone Support
- Chat

## Category

- [Statistical Software](https://www.capterra.co.uk/directory/30752/statistical-analysis/software)

## Alternatives

1. [Minitab](https://www.capterra.co.uk/software/109731/minitab-statistical-software) — 4.5/5 (388 reviews)
2. [MATLAB](https://www.capterra.co.uk/software/125813/matlab) — 4.6/5 (2090 reviews)
3. [IBM SPSS Statistics](https://www.capterra.co.uk/software/13990/ibm-spss-statistics) — 4.5/5 (644 reviews)
4. [GraphPad Prism](https://www.capterra.co.uk/software/119786/graphpad-prism) — 4.7/5 (143 reviews)
5. [XLSTAT](https://www.capterra.co.uk/software/119448/xlstat) — 4.7/5 (398 reviews)

## Reviews

### "Simple and Easy" — 5.0/5

> **Huw** | *28 October 2024* | Higher Education | Recommendation rating: 8.0/10
> 
> **Pros**: Very easy to use as an excel add on. It means I can stay in Excel to do my analysis without opening other programs which saves time. I can try out ideas on my spreadsheet and create nice charts quickly.
> 
> **Cons**: Little explanation if the program does not work: you need to work it out by yourself. Also, it can be a bit slow sometimes. However, when it works, it is easy and simple.
> 
> Very useful. I wanted to use it for seasonal adjustment using X-13 and managed to get it to do what I needed it to do.

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### "With NumXL the statistics  could be easy" — 5.0/5

> **Ladislav** | *3 March 2025* | Education Management | Recommendation rating: 10.0/10
> 
> **Pros**: Statistics is one of the less popular subjects for undergraduate students. In my experience, one reason for this is the lack of suitable, user-friendly software that enables quick statistical processing of various tasks and allows for effective presentation to students. In my teaching practice, I have found NumXL products to be a valuable support in this area. &#10;Ladislav (Slovakia)
> 
> **Cons**: Despite my long practice with NumXL, I am not qualified enough to identify such a bottleneck.
> 
> I have personal experience with various alternative applications of NumXL components.

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### "struggling with NUMXL tools" — 3.0/5

> **Arezki** | *6 September 2024* | Oil & Energy | Recommendation rating: 5.0/10
> 
> **Pros**: It has the tools I need for my project.
> 
> **Cons**: Most of the example files are not reachable.&#10;I don't like the support.
> 
> Up to now, I am struggling in using NUMXL functions and tools&#10;The \#NUM\! error is haunting me. Even when I use the Example files and try to reproduce the functions.

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### "Interpolation works well" — 5.0/5

> **Eric** | *2 April 2026* | Aviation & Aerospace | Recommendation rating: 10.0/10
> 
> **Pros**: I only use NumXL for one function: interpolate.  I have zero problems with that function.  At this time, I have no reasons to use the other functions, but I do appreciate the effort that went into building them.
> 
> **Cons**: I wish the interpolate function was stand-alone for a lower price, but I can understand that the developers need to be paid and that segmenting the product line is probably too much work, especially if it means lower revenue.
> 
> Overall, I am very happy with NumXL as the interpolation function perfectly replaces the older 32-bit plug-in I had been using which is no longer supported by newer versions of Office.

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### "NUMXL is the genuine article and delivered with first-class user support." — 5.0/5

> **Martyn** | *1 December 2020* | Financial Services | Recommendation rating: 10.0/10
> 
> **Pros**: While NUMXL naturally presupposes an understanding of statistics, it is intuitive to use, accurate and powerful given it is native to Microsoft Excel.  Competitor products tend to require the user to learn a whole new software language, e.g. Matlab, whereas NUMXL easily integrates into Excel; meaning that it is easy to deploy to all our staff and clients without the need for time-consuming training or changes in our modelling architecture.
> 
> **Cons**: Nothing.  The product is first-class.  While we would like to see more statistical functions that suit our individual purposes, NUMXL combined with Excel allows us to create formulae or even user-defined formulae and macros that suit our needs.  If NUMXL could somehow make VBA multi-threaded, that would be great given we call NUMXL within VBA scripts.  This is probably more a job for Microsoft, however.
> 
> Superb.  Not only is the software leading edge, but our interactions with NUMXL staff have been excellent.  We have been lucky enough to work with the owner, Mohamad, who not only has advised us about how to use their product most efficiently but has also helped us integrate NUMXL into our VBA scripts\!  Customer service from NUMXL is second-to-none and personalised in a way that the bigger players can't match.  I'd rather deal with people I can speak to and build a strong working relationship than being a number to a large multi-national.

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## Links

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