Alpaca Review

Alpaca is an online trading company that is based in the bay area of California, USA. The company is made up of a team of professionals with deep financial and technology expertise, backed by some of the top investors in the industry globally. Alpaca Trading provides great API tools for algorithmic trading, zero-commission stock and ETF trading, and charting tools via a web platform. Interestingly, no minimum deposit is required to start trading with this firm.

Alpaca Review, Pros & Cons
  • Proprietary trading platform
  • FIX API trading
  • Educational resources
  • Commission free stock trading
  • Limited asset classes
  • Limited account funding options
  • No standalone trading tools
  • No MetaTrader platforms

In this detailed Alpaca review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.

Alpaca Overview

Founded in 2015, Alpaca is an online trading broker that is registered in the United States. They provide traders with a web-based trading platform for trading various financial instruments. The broker makes available some useful trading tools and educational resources whilst providing a client support team to assist traders. Alpaca offers zero-commission stock and ETF trading with low margin rates.

Alpaca Regulation

Alpaca is regulated by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).

Alpaca Countries

The broker offers its services to traders from different parts of the globe where the use of such services would not be contrary to local laws or regulations.

Some Alpaca features and products mentioned within this Alpaca review may not be available to traders from certain countries because of legal restrictions.

Alpaca Platforms

The broker provides traders with a proprietary web-based trading platform. Alpaca’s web trading platform functions as a sidekick to the Alpaca API. It is simple and easy to use. When you implement trades using code, you can easily check on them, cancel them, or duplicate them on the web platform. Alpaca focuses on simplicity for its web platform, which is balanced by the many complex functions that the API provides. The web trading platform is available in English, and it runs directly on most modern web browsers, including Chrome, Safari, Firefox, and Edge. The platform is also available as a mobile app, which is designed for Android and iOS mobile devices.

Alpaca Trading Platform

Alpaca Trading Platform

Alpaca Trading Tools

Traders are provided with some useful trading tools, including the FIX API, and others.

Alpaca Education

The broker provides traders with various learning resources to help them make informed trading decisions. These educational resources include videos, step-by-step guides for investing, detailed manuals, blogs, news,  and FAQs for beginners.

Alpaca Blogs

Alpaca Blogs

Alpaca Instruments

The broker offers stock and ETF trading on U.S. stock markets.

Alpaca Accounts & Fees

The broker provides traders with Individual and Corporate live trading accounts. The accounts require no minimum deposit to start trading.

As broker fees can vary and change, there may be additional fees that are not listed in this Alpaca review. It is imperative to ensure that you check and understand all of the latest information before you open an Alpaca broker account for online trading.

Alpaca Support

The broker’s client support team is available 24/5 to respond to all inquiries from both registered clients and prospective ones. The support can be contacted via email and social media.

Alpaca Deposit & Withdrawal

Traders can deposit and withdraw funds via bank transfers.

Alpaca Account Opening

To open an account, click on the “Sign Up” button on the broker’s website and fill in the account application form. You may be required to provide KYC documents.

Alpaca Account Opening Form

Alpaca Account Opening Form

It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree with them.

Alpaca Summary

Alpaca is a US-based online stock broker that offers access to trade ETFs and stocks on U.S. stock exchanges via a proprietary trading platform that is available in web and mobile versions. Traders are provided with educational resources, useful trading tools, and a client support team. No minimum deposit is required to start trading, and the broker is regulated by FINRA and SEC.

All investments involve risk and the past performance of a security or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk it does not assure a profit, or protect against the loss, in a down market. There is always the potential of losing money when you invest in securities or other financial products. Investors should consider their investment objectives and risks carefully before investing.

Min $1 Deposit

Alpaca Trading provides a simple platform & API for algorithmic trading, zero-commission stock & ETF trading,

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