Alpaca Review

Alpaca Logo

Formed by a team of fintech experts, Alpaca is an online trading broker that was launched in 2015 in California, USA. Alpaca operates using the STP execution model, which offers access to the interbank markets. The broker provides traders with a web-based trading platform and various API tools to ensure the ease of carrying out algorithmic trading of stocks and ETFs. The minimum deposit required to start trading is just $1, and no commission is charged on trades. In addition, the broker’s clients are provided with various useful trading tools, educational resources, and the services of a reliable client support team.

Alpaca Review Introduction

In this Alpaca review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.

You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers, including Alpaca.

Alpaca Platforms & Tools

Alpaca Trading Platform
Alpaca Trading Platform

Alpaca allows traders to buy and sell the available financial instruments using their proprietary trading platform. The Alpaca trading platform is web-based, and as such, it runs directly on modern web browsers, such as Chrome, Firefox, Mozilla, and Edge. Thus, the web platform eliminates the need to download or install any additional software. The platform also allows traders who implement trades using codes to be able to quickly check on them, cancel them, or duplicate them. A mobile version of the Alpaca trading platform is also available; it is compatible with mobile smartphone devices, running on Android and iOS. Additionally, traders are provided with some useful trading tools, including the FIX API and others.

Alpaca Research & Education

The following educational resources are available on the broker’s website: videos, step-by-step guides for investing, detailed manuals, blogs, and news that keeps traders up to date with the latest events in the financial markets. In addition, there is a well-defined FAQ section that is explicitly designed for beginners, and it answers some of the most common questions of amateur traders.

Alpaca Blogs
Alpaca Blogs

Alpaca Trading Accounts

There are two live trading account types at Alpaca, and they include the Individual and Corporate live trading accounts. The accounts have a shallow minimum deposit of just $1.

Alpaca Account Funding

Alpaca processes all clients’ deposit and withdrawal requests using bank transfers only.

Forex Robotron Banner
Forex Robotron Banner

Other payment methods, such as credit/debit cards, and online payment gateways, such as Neteller and Skrill, are not allowed by the broker.

Alpaca Customer Service

Alpaca offers a client support team that is available 24/5 to respond to traders’ general, trading, and technical inquiries. In addition, the support team can be contacted via email and social media.

Alpaca Regulation

Alpaca is regulated by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).

Alpaca Review Summary

Founded in 2015, Alpaca is a retail trading broker that is headquartered in California, USA. They provide traders with an in-house-developed trading platform that is available in web and mobile versions. Also, Alpaca traders are provided with various learning resources, useful trading tools, and a knowledgeable client support team. No minimum deposit is required to start trading, and the broker is regulated by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).

It is worth mentioning that some of the trading products and services in this Alpaca review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the Alpaca broker website, which you can visit by using the link below.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. It would help if you considered whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.














  • Proprietary trading platform
  • FIX API trading
  • Stocks and ETFs trading
  • Educational resources