Alpaca Review
Developer-first API brokerage for stocks, options, and crypto trading. Trusted by millions of traders and hundreds of fintechs, backed by $320M in funding.
Min Deposit
$0
Spreads From
Commission-free (stocks)
Max Leverage
N/A
Platforms
5
Pros
- Commission-free stocks and options
- 1.5ms order processing
- $320M+ funding from top VCs
- Developer-friendly APIs (Python, Node, Go, .NET)
- FINRA regulated + SIPC protected
- 24/5 trading
- TradingView integration
- OAuth integration for apps
Cons
- API-focused — not for manual discretionary traders
- Limited to US markets primarily
- Crypto through MSB not full exchange
Alpaca is an API-first brokerage platform enabling developers, algorithmic traders, and fintech companies to build automated trading applications. The firm is FINRA-regulated, SIPC-protected (up to $500K per customer), ISO 27001:2022 certified, and SOC 2 Type II compliant. Alpaca offers commission-free stocks and options trading, $0 borrow fees on 5,000+ ETB securities, 1.5ms order processing, 99.99% uptime, 4x intraday buying power, and 24/5 trading. The platform supports Python, .NET, Go, and Node.js SDKs.
Regulators
Platforms
- FINRA (USA)
- SEC (USA)
