Trade
4.1
1.7k RatingsAbove Average
15k
Traders
3.5k
Followers
4.1
1.7k RatingsAbove Average
15k
Traders
3.5k
Followers
Trade

About Alpaca

Tradable assets

  • Stocks
  • Crypto
  • ETFs

Terms

4:1 Max leverage$0 Min deposit

Regulators

  • FINRA

Company information

Alpaca is a Silicon Valley based commission-free API first stock brokerage backed by some of the top investors in the industry globally including Spark Capital, Social Leverage, YCombinator, and Portag3.

Contacts

20 N San Mateo Dr, Ste #10, San Mateo CA, 94401, USA
Works really well, especially for devs who want to setup automated trades as it has a very nice API to integrate with.
Love Alpaca I wish it had more support by places like Plaid. I also wish it had bracket orders for after hours. Otherwise absolutely love it!
Absolutely DO NOT USE Alpaca if you trade crypto! I have experienced multiple instances where I have set stop-limit orders 20-30% below the current market price and a price glitch on their end caused those stop-limit orders to execute despite being 20-30% below the current market price. I have reached out to their support to work with them to get this resolved, but they have been absolutely terrible to work with and left me out to dry for THOUSANDS of dollars. Issue 1: Orders executed at the incorrect price YFIUSD: My stop limit was set to $10,115. Looking at the minute chart on Alpaca’s website on 12/12/24 05:37, you can see that the price experienced an obvious pricing glitch where it opened at $11,469, dipped 14.25% down to $9,835, then rose back up 16.36% to close at $11,444, all in the span of 60 seconds. This was an obvious pricing glitch that triggered my stop limit order 14% below the current market price and caused my position to get incorrectly liquidated. SUSHIUSD: My stop limit was set to $1.88. Looking at the minute chart on Alpaca’s website on 12/11/24 19:19, you see that the price experienced an obvious price glitch where it opened at $2.5, dipped 24.8% down to $1.88, then rose back up 34.57% to close at $2.53, all in the span of 60 seconds. This was an obvious pricing glitch that triggered my stop limit order 25% below the current market price and caused my position to get incorrectly liquidated. I had asked that they honor the sale as if they took place at the current market price at the time of the sale. But instead, they waited a few weeks and just reopened positions in my account without telling me which cost thousands of dollars. I reached out to them, and they acknowledged they should not have done that. And then they reopened positions again, and I lost more money .After reaching out to them for a third time about this, then opened short positions without telling me. I've lost THOUSANDS because of them and they just stopped responding to me.
great broker with no transaction fees and fast trade execution.
not sure yet
I love it and there's so much you can do , its took my trading to another Level . Thank you
Help the trading community by leaving a review
Let everyone know about your experience