Alpaca (API broker/data)
Updated Oct 22, 2026
FreemiumBacktesting & strategyCoder
⚠ What to watch out for
An API bug can place real orders fast. Develop on the paper account and add hard limits before going live.
How we checked this
- Official site
- alpaca.markets (opened Oct 22, 2026)
- Pricing
- Market data: Free $0/mo; Algo Trader Plus $99/mo. Paper trading available · source, checked Oct 22, 2026
- Markets
- stocks, options, crypto (Not verified yet on the official site)
- How it touches your money
- Holds your funds (broker or exchange). Alpaca is a FINRA-member broker: live trading means your funds are held in an Alpaca account. · source
- Known incidents
- Mar 2026: FINRA censured Alpaca Securities and fined it $300,000 over trade-reporting failures and related supervision. Source: FINRA BrokerCheck report (searched Oct 22, 2026: breaches, outages affecting funds, regulator actions, lawsuits, data leaks)
Facts come from the official pages linked above, checked on the dates shown. Prices change; confirm on the vendor's site before paying. How we review tools. This is a software description, not a recommendation to buy any tool, security or crypto asset.
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