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Alpaca

Developer-first API for stock, options, and crypto trading, enabling algorithmic trading, app development, and embedded investing services.

Introduction

Alpaca provides a developer-first API for building and scaling trading applications. Key features include commission-free trading, real-time market data, and support for algorithmic trading strategies. It offers Broker APIs for end-to-end brokerage solutions and Trading APIs for executing trading algorithms. Use cases range from fintech startups and robo-advisors to hedge funds and algorithmic traders, enabling them to embed investing into their services.

Alternatives

  • Interactive Brokers

    Interactive Brokers offers a comprehensive API for algorithmic trading across a wide range of global assets, catering to advanced traders and institutions.

  • Tradier

    Tradier provides a developer-focused API for commission-free stock and options trading, making it a direct competitor for building trading applications.

  • DriveWealth

    DriveWealth specializes in embedded finance and fractional share investing, offering APIs for fintech companies to integrate investing capabilities into their platforms.

  • TradeStation

    TradeStation offers a robust API for automated trading strategies, market data, and account management, popular among active traders and developers.

  • Schwab Developer API

    The Schwab Developer API (formerly TD Ameritrade API) provides extensive access to trading, market data, and account information for building custom applications.

  • QuantConnect

    QuantConnect is an algorithmic trading platform that allows users to build, backtest, and deploy strategies across various asset classes, integrating with multiple brokers.

  • Polygon.io

    Polygon.io offers real-time and historical market data APIs for stocks, options, and crypto, which is crucial for powering algorithmic trading systems.

  • Coinbase Advanced Trade API

    Coinbase Advanced Trade API provides programmatic access for trading cryptocurrencies, enabling developers to build sophisticated crypto trading bots and applications.

  • Kraken API

    Kraken offers a powerful API for cryptocurrency trading, allowing users to automate strategies, manage accounts, and access market data on one of the largest exchanges.

  • E-Trade API

    E-Trade provides an API for accessing market data, placing trades, and managing accounts, suitable for developers looking to automate their trading activities.

FAQ

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