I like the quick responses from the broker, I'm new to trading on my own and I am finding out that Alpaca is a good place to start. I do wish I had more than 3 trades per da though.
its easy to use and great for programmers
Es fácil e intuitivo para operar, comisiones mínimas. Las transacciones son rápidas
Has flexible APIs and can support many interfaces and platforms. TradingView integration is really nice though, since I feel that it’s the best platform for graphing with a rich community of developers.
Python integration with the Alpaca-py API. Commission free trading. My only slight complaint would be the web-portal which lacks functionality and clarity. A refesh would be a good idea.
The API is easy and flexible. However I am missing a bit more powerful options to see P/L per stock directly from the API without needing to manually manage it
I use Tradingview for mobile trading with Alpaca and I am quite satisfied. Also, as a European, I can buy US ETFs. Also, the minimal fees for trading stocks and options are great.
Alpaca and Trading View seem to work well together. I placed many trades on stock and ETFs. They also recently opened up crypto trades for AZ users so I was happy about that.
5 stars if they would offer cash accounts not just margins accounts! Execution and fills are very fast. Also great API. If they would offer cash accounts I'd switch to it as my main broker in no-time!
It has been a pretty easy and seamless process connecting Alpaca to Tradingvie to accomplish what I set forth to accomplish. The only complaint that I have is my options trading level 2. I've applied for a level 3 twice and have received no response.
Their api can be spotty
Terms and fees
About Alpaca
Important Documents
Tools and features
Frequently Asked Questions
- Stocks
- Cryptocurrencies
- ETFs
- Options
- FINRA (Financial Industry Regulatory Authority, Inc.)
- SEC (U.S. Securities and Exchange Commission)
- SIPC (Securities Investor Protection Corporation )
Note that different brokers have different terms, and Alpaca has its own account opening time — It is subject to review process.
Level 2 is a subscription-based service that offers real-time access to the exchange’s order book. It gives traders and investors a detailed view of market depth and momentum, helping them make more informed and strategic trading decisions.
Brokers usually require deposits to manage risk, cover trading costs, and comply with regulations. Deposits act as collateral for leveraged trades, ensuring brokers don’t face losses if a trade goes against a trader. They also help cover fees, prevent fraud, and ensure serious trading activity.
Brokers impose inactivity fees to cover maintenance costs, comply with regulations, and encourage active trading. These fees help offset expenses for managing inactive accounts and prevent account abandonment.
It's always worth preparing for trades before actually executing them. On TradingView, you can do this with our Paper Trading functionality.
- Limit orders
- Stop orders
- Stop limit orders
- Market orders
- Market order. It's a basic type designed to buy or sell an asset immediately at the next price available
- Limit order. Specifies the maximum (for buying) or minimum (for selling) price at which a trader is willing to execute a trade. It's only executed if the price reaches the preset level. There are buy and sell limit orders - they're set to buy/sell an asset at or below/above a certain price
- Stop order. Triggered when an asset moves above or below a certain price level, always executed in the direction that the price is moving. There are stop-loss orders (automatically closes a position at a certain level if the market moves against you) and (initiates a trade when the price breaks a certain level)
- Find the right asset using our screeners and heatmaps. Explore the stock market with the Stock Screener, track cryptocurrencies on the Crypto Coins Heatmap, and more tools to fin in the main menu
- Analyze price movements on our Supercharts. Utilize multiple drawing tools, built-in indicators, and advanced features to gain deeper market insights
- Stay on top of market changes with the Economic Calendar and the latest news, helping you quickly adapt to shifting conditions
- Test your strategy in a risk-free environment with a Paper Trading account to see how it performs before committing real capital
- Choose a broker and start your trading journey with confidence once you have a clear strategy in place
- Increased risk of losses, including exceeding initial investment
- Interest costs on borrowed funds
- Potential for margin calls requiring additional deposits
Make sure to analyze an asset thoroughly and test your strategy on a Paper Trading account to ensure you're ready to navigate these risks.
Understanding commission structures is essential for traders, as fees can impact overall profitability. Choosing a broker with competitive rates and transparent pricing ensures cost-effective trading.