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Our top alternative brokers to Alpaca Trading
moomoo
4.5
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Webull
4.4
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Our top alternative brokers to Alpaca Trading
moomoo
4.5
Visit broker
Webull
4.4
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Alpaca Trading Alternatives

The best alternatives to Alpaca Trading are

  1. moomoo - US zero-fee discount broker
  2. Webull - US discount broker
  3. E*TRADE - US stockbroker
  4. Fidelity - US stockbroker

Let's see in a bit more detail how the Alpaca Trading alternatives compare to Alpaca Trading and each other:

Alpaca Trading alternatives comparison
Alpaca Trading moomoo Webull E*TRADE Fidelity
Overall score 4.6 4.5 4.4 4.9 4.9
Fees score 4.9 stars 4.7 stars 4.7 stars 4.4 stars 4.2 stars
Account opening score 4.8 stars 4.4 stars 5.0 stars 4.4 stars 3.6 stars
Deposit and withdrawal score 1.8 stars 1.9 stars 1.9 stars 2.2 stars 3.8 stars
Web platform score 3.7 stars - 4.5 stars 4.5 stars 4.5 stars
Markets and products score 2.0 stars 2.1 stars 1.7 stars 3.1 stars 3.9 stars
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Why are these brokers considered good alternatives to Alpaca Trading? There are many areas based on which Alpaca Trading can be compared with others. When we say a given online broker is a good alternative to Alpaca Trading we mean these brokers are comparable in the following areas:

  • The products they offer, meaning you can buy mostly the same things, i.e. stocks, CFDs, options, etc.
  • The type of clients they target, i.e. beginners, experienced investors, or day traders.

Alpaca Trading alternatives recommendations

Brokers are different in a number of ways, which means each of them may be suitable for different people. Here's how they compare overall:

  • Alpaca Trading is recommended for traders interested in algorithmic stock trading
  • moomoo is recommended for investors and traders looking for zero-commission trading and focusing on us markets.
  • Webull is recommended for investors and traders looking for zero-commission trading and focusing on us markets
  • E*TRADE is recommended for investors and traders looking for solid research and a great mobile trading platform
  • Fidelity is recommended for investors and traders looking for solid research and great trading platforms

Important factors of finding Alpaca Trading alternatives

So far BrokerChooser has reviewed 82 online brokers in detail, which gives this comparison a solid starting point.

Not only that, but all of these brokers are reviewed using the exact same broker review methodology, which makes everything easily comparable. For each broker, we

  • open a live account
  • check over 100 criteria, with weighting based on readers' preferences
  • refresh data regularly

Whether Alpaca Trading or one of its alternatives is the best choice for you is on the following five broker characteristics that most interest people:

Fees. There are different types of fees that your online brokerage may charge, and both the number and the size of these fees may vary significantly from broker to broker. Both of these aspects can impact your returns and your overall experience. Alpaca Trading is one of the cheaper brokers, so if this is an important consideration for you, make sure you pick a similarly low-cost Alpaca Trading alternative.

Account opening. To open an account some brokers require at least €50,000 to be invested, while others don't set a minimum first-time deposit. The time it takes to open your account can be very different as well. At Alpaca Trading this is not a problem as you can have it ready on the same day you registered.

Deposit/withdrawal. The number of ways that you can deposit or withdraw money to or from your account matters a lot. For example, while you cannot make a deposit with your credit card at Alpaca Trading, some alternatives might allow you to do that.

Web trading platform. While online brokers are usually available on various platforms like mobile apps, tablet apps or desktop software, most people use them through their web platform in a browser. User-friendly trading platforms that offer many different resources can significantly increase your trading comfort.

Markets and products. A lot of people have specific products they would like to invest in. Knowing whether stocks, forex, mutual funds, and other products are available at the given Alpaca Trading alternative is a must.


Now let's dive into the details of how Alpaca Trading and its alternatives perform in the most important areas!

Alpaca Trading alternatives
Alpaca Trading

Alpaca Trading is a commission-free API stockbroker founded in 2015. Alpaca is based in San Mateo, CA, and is only available to US residents. It is regulated by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA), both top-tier regulators that bolster Alpaca Trading's safety for investors and traders.

Alpaca provides access to US stock markets, historical data, and fundamental data through their API. Alpaca's founders believe their software allows retail traders to capitalize on the machine learning and automation that historically only institutional investors have been able to use. Coders have the opportunity to build their own algorithms and contribute to the Alpaca developer community. Alpaca founders have expressed interest in eventually opening up pre-made algorithms to non-coders, but for now, their platform also includes capabilities for manual order-entry and research.

 

Recommended for traders interested in algorithmic stock trading

Pros Cons
Great API trading service Customer support limited to email
Free stock & ETF trading Limited deposit and withdrawal options
Fantastic charting tools Only US stocks and ETFs available

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Fees
4.9

Alpaca Trading offers zero-commission stock and ETF trading and low margin rates. Non-trading fees are also competitive as no fee is charged for inactivity or most withdrawals.
Pros Cons
Commission-free Stock and ETF Trading None
No inactivity fee
No withdrawal fee
Alpaca Trading alternatives trading fees
Alpaca Trading moomoo Webull E*TRADE Fidelity
US stock $0.0 $0.0 $0.0 $0.0 $0.0
UK stock - - - - $11.7

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k

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Account opening
4.8

Opening an account with Alpaca is quick, and requires no minimum deposit. Integrating your account with third-party softwares can be tricky, but Alpaca offers great guidance.
Pros Cons
Fast Bit complex process for integrating third-party tools
Fully digital
No minimum deposit
Alpaca Trading alternatives minimum deposit and account open times
Alpaca Trading moomoo Webull E*TRADE Fidelity
Minimum deposit $0 $0 $0 $0 $0
Time to open account 1 day 1-3 days 1 day 1-3 days 1-3 days

Learn more about Alpaca Trading minimum deposit here.

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Deposit and withdrawal
1.8

Bank transfer deposit/withdrawal is easy and free, but like other US brokers, Alpaca doesn't support multiple currencies or credit/debit card funding, and wire withdrawal is costly.
Pros Cons
Free withdrawal Credit/Debit card not available
No deposit fee Only one account base currency
User-friendly High withdrawal fee for wire transfers
Alpaca Trading and alternatives withdrawal options and fees
Alpaca Trading moomoo Webull E*TRADE Fidelity
Bank transfer Yes Yes Yes Yes Yes
Credit/debit card No No No No No
Electronic wallets No No No No Yes
Withdrawal fee $0 $0 $0 $0 $0

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Web trading platform
3.7

Alpaca's web trading platform feels safe, user-friendly, and visually pleasing. However, it does not allow customization, there are no price alerts, and the search function is limited.
Pros Cons
User-friendly Poor search function
Two-step (safer) login Limited customizability (for charts, workspace)
Modern design No price alerts
Alpaca Trading - Web trading platform
Alpaca Trading and alternatives trading platform scores
Alpaca Trading moomoo Webull E*TRADE Fidelity
Web platform score 3.7 stars - 4.5 stars 4.5 stars 4.5 stars
Mobile platform score 4.2 stars 4.5 stars 5.0 stars 4.5 stars 4.5 stars
Desktop platform score - 4.5 stars 4.5 stars - 3.8 stars

Learn more about Alpaca Trading's web trading platform in the detailed Alpaca Trading review.

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Markets and products
2.0

Alpaca Trading currently only provides access to US stocks and ETFs. Other asset classes, like options or bonds, as well as international market coverage, are not available.
Alpaca Trading and alternatives markets and products
Alpaca Trading moomoo Webull E*TRADE Fidelity
Stock Yes Yes Yes Yes Yes
ETF Yes Yes Yes Yes Yes
Forex No No No No No
Fund No No No Yes Yes
Bond No No No Yes Yes
Options No Yes Yes Yes Yes
Futures No No No Yes No
CFD No No No No No
Crypto No No No Yes No

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Verdict

Alpaca Trading is a great broker for traders looking to build their own algorithms and focusing on the US market.

Its API tools are outstanding, and fees are low: zero stock/ETF commission, and no inactivity or deposit fees. In addition, Alpaca provides free access to software such as Polygon, Alpha Vantage and TradingView, all of which have great research capabilities.

On the negative side, Alpaca has limited customer support, meaning that users must often turn to GitHub and other community forums for suggestions or peer help to debug code. Among other shortcomings, you can use only bank transfer to deposit or withdraw, while Alpaca only provides access to US stocks and ETFs.

Overall, Alpaca is an up-and-coming broker that is unique in its current space and provides a great product for traders from all experience levels who are interested in algo trading. If you are looking for a strong and savvy API stockbroker, try Alpaca and see what the hype is about.

Alpaca Trading
Summary Alpaca Securities LLC is US-based broker providing commission-free API stock trading. The company is regulated by the top-tier SEC and FINRA:
Fees score 4.9 stars
Recommended for Traders interested in algorithmic stock trading

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Alpaca Trading alternatives
moomoo

Moomoo is a trading-platform founded in 2018. It is a subsidiary of Futu Holdings Ltd. Securities product on moomoo is provided by Futu Inc, which is regulated by the US Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).

Trading on moomoo is safe because its securities product is regulated by top-tier financial authorities and a maximum of $500,000 investor protection is offered, including a $250,000 limit for cash, under the Securities Investor Protection Corporation's (SIPC) protection scheme.

Recommended for investors and traders looking for zero-commission trading and focusing on us markets.

Pros Cons
Free stocks, ETFs and options Limited product portfolio
Fast and easy account opening Only bank transfer for deposit/withdrawal
Quality analytical tools No live chat or telephone support

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Fees
4.7

Moomoo offers commission-free trading of US stocks, ETFs and options. On the other hand, it has high margin rates.
Pros Cons
Commission-free stocks, ETFs, and options High margin rates
No inactivity fee
Alpaca Trading vs. moomoo: Trading fees
moomoo Alpaca Trading
Apple benchmark fee $0.3 $0.3
Vodafone benchmark fee - -
EURUSD benchmark fee - -

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

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Account opening
4.4

Moomoo's account opening process is seamless, fully digital and fast, with no minimum deposit. However, it is currently available only for clients from the US and Singapore.
Pros Cons
Fully digital Available only in the US and Singapore
No minimum deposit
Fast
Alpaca Trading vs. moomoo: Minimum deposit, time to open an account
moomoo Alpaca Trading
Minimum deposit $0 $0
Time to open account 1-3 days 1 day

If you are interested more in moomoo minimum deposit, this overview will help you.

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Deposit and withdrawal
1.9

At moomoo, there is no deposit fee, and the whole process is user-friendly. However, you can use only bank transfer to add or withdraw funds, and wire withdrawal fees are high.
Pros Cons
No deposit fee Credit/Debit card not available
User-friendly Only one account base currency
High wire withdrawal fee
Alpaca Trading vs. moomoo: Withdrawal options
moomoo Alpaca Trading
Bank transfer Yes Yes
Credit/debit card No No
Electronic wallets No No
Withdrawal fee $0 $0

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Web trading platform

Moomoo does not have a web trading platform.
Alpaca Trading vs. moomoo: Trading platform scores
moomoo Alpaca Trading
Web platform score - 3.7 stars
Mobile platform score 4.5 stars 4.2 stars
Desktop platform score 4.5 stars -

Learn more about moomoo's web trading platform in the detailed moomoo review.

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Markets and products
2.1

Moomoo has a limited product portfolio that includes only stocks, ETFs and options, mostly from the US. Other popular asset types such as funds, bonds or forex are not available.
Alpaca Trading vs. moomoo: Markets and products
moomoo Alpaca Trading
Stock Yes Yes
ETF Yes Yes
Forex No No
Fund No No
Bond No No
Options Yes No
Futures No No
CFD No No
Crypto No No

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Verdict

Moomoo's fees are great, as you can trade US stocks, ETFs and options with zero commission. The account opening is easy, fully digital and fast. Moomoo offers quality analytical tools on its user-friendly mobile and desktop platforms.

Moomoo has some drawbacks, though. The product portfolio is limited, covering only stocks from the US, Hong Kong and China market, as well as ETFs and options. Among other limitations, you can use only bank transfer for deposits or withdrawals, and customer support is available only via email.

As the account opening process is seamless and moomoo offers commission-free stock and ETF trading, you should feel free to try it.

moomoo
Summary MooMoo is a US-based zero-commission broker. It is overseen by FINRA and SIPC, which are top-tier regulators.
Fees score 4.7 stars
Recommended for Investors and traders looking for zero-commission trading and focusing on US markets.

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Alpaca Trading alternatives
Webull

Webull is a US-based fintech startup offering zero-fee or discount brokerage services. The company was founded in 2017 and is regulated by the US Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).

Webull is considered safe because it is regulated by top-tier financial authorities and provides a maximum of $500,000 investor protection, including a $250,000 limit for cash under the Securities Investor Protection Corporation's (SIPC) protection scheme.

Recommended for investors and traders looking for zero-commission trading and focusing on us markets

Pros Cons
Free stocks, ETFs and options Limited product portfolio
Fast and easy account opening Only bank transfer for deposit/withdrawal
Great trading platforms No live chat and poor phone support

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Fees
4.7

Webull offers commission-free trading for US-listed stocks, ETFs and options, overall one of the lowest fees among brokerages. There is no withdrawal fee for ACH transfers and no inactivity fee. However, wire transfer fees are quite high.
Pros Cons
No commission (for stocks, ETFs, options) High wire transfer costs
ACH transfers are free for funding & payout
Alpaca Trading vs. Webull: Trading fees
Webull Alpaca Trading
Apple benchmark fee $0.3 $0.3
Vodafone benchmark fee - -
EURUSD benchmark fee - -

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

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Account opening
5.0

Webull's account opening process is seamless and fully digital, and verification takes less than a day. However, Webull is available only for clients from limited countries, such as the US.
Pros Cons
Fast Mostly for just US residents
Fully digital
No minimum deposit
Alpaca Trading vs. Webull: Minimum deposit, time to open an account
Webull Alpaca Trading
Minimum deposit $0 $0
Time to open account 1 day 1 day

If you are interested more in Webull minimum deposit, this overview will help you.

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Deposit and withdrawal
1.9

At Webull, you can use only bank transfer to add or withdraw funds, and wire transfer fees are high. As a plus, transferring money is easy and user-friendly and ACH transfers are free.
Pros Cons
No deposit fee Credit/Debit card not available
User-friendly Only one account base currency
Free ACH deposit and withdrawal High fees for wire transfer
Alpaca Trading vs. Webull: Withdrawal options
Webull Alpaca Trading
Bank transfer Yes Yes
Credit/debit card No No
Electronic wallets No No
Withdrawal fee $0 $0

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Web trading platform
4.5

Webull offers an easy-to-use web trading platform suitable for both beginners and experts, with many advanced features. On the negative side, there is no two-step, safer login.
Pros Cons
User-friendly No two-step (safer) login
Good customizability (for charts, workspace)
Good variety of order types
Web trading platform of Webull, a Alpaca Trading alternative
Alpaca Trading vs. Webull: Trading platform scores
Webull Alpaca Trading
Web platform score 4.5 stars 3.7 stars
Mobile platform score 5.0 stars 4.2 stars
Desktop platform score 4.5 stars -

Learn more about Webull's web trading platform in the detailed Webull review.

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Markets and products
1.7

Webull has a limited product portfolio that includes only US-based stocks, ETFs and options. Popular asset types such as funds, bonds or forex are not available.
Alpaca Trading vs. Webull: Markets and products
Webull Alpaca Trading
Stock Yes Yes
ETF Yes Yes
Forex No No
Fund No No
Bond No No
Options Yes No
Futures No No
CFD No No
Crypto No No

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Verdict

Webull's fees are great. You can get free stocks, trade with commission-free US stocks, ETFs and options. The account opening is easy, fully digital and fast. The platforms are easy to use and well-structured.

Webull has some drawbacks though. The product portfolio is quite limited, covering only US stocks, ETFs and options. You can use only bank transfer for deposit or withdrawal, and wire transfers are charged for both directions. Phone and email customer support are hard to contact.

As the account opening is seamless, and Webull offers commission-free stock and ETF trades, feel free to try it.

Webull
Summary Webull is a discount US stockbroker regulated by the top-tier SEC and FINRA.
Fees score 4.7 stars
Recommended for Investors and traders looking for zero-commission trading and focusing on US markets

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Alpaca Trading alternatives
E*TRADE

E*TRADE is a US-based stockbroker founded in 1982. It is regulated by top-tier financial authorities like the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).

E*TRADE is considered safe because it has a long track record, is listed on a stock exchange, has a banking background, discloses its financials, and is overseen by top-tier US regulators.

In February 2020, E*TRADE was acquired by Morgan Stanley. To find out more about the motives behind the acquisition and about the wider market context, check out this article we wrote about the deal.

Recommended for investors and traders looking for solid research and a great mobile trading platform

Pros Cons
Low trading fees (free stock and ETF trading) Only US markets, no forex
User-friendly mobile trading platform Only bank transfer
Great research tools Slow live chat

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Fees
4.4

E*TRADE offers free trading of stocks, ETFs, and some bonds and mutual funds. Non-trading fees are also low. On the negative side, fees for mutual funds that aren't free are high.
Pros Cons
Free stock and ETF trading High fees for non-free mutual funds
Some mutual funds and bonds are free
Low non-trading fees
Alpaca Trading vs. E*TRADE: Trading fees
E*TRADE Alpaca Trading
Apple benchmark fee $0.3 $0.3
Vodafone benchmark fee - -
EURUSD benchmark fee - -

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

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Account opening
4.4

Account opening at E*TRADE (only available for US clients) is fully digital and user-friendly, but the account verification process is slow.
Pros Cons
Fully digital Slow account verification
No minimum deposit
User-friendly
Alpaca Trading vs. E*TRADE: Minimum deposit, time to open an account
E*TRADE Alpaca Trading
Minimum deposit $0 $0
Time to open account 1-3 days 1 day

If you are interested more in E*TRADE minimum deposit, this overview will help you.

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Deposit and withdrawal
2.2

E*TRADE charges no deposit fees, and transferring money is easy. On the flip side, you can only use bank transfer, and a high fee is charged for wire transfer withdrawals.
Pros Cons
No deposit fee Credit/Debit card not available
User-friendly High fee for wire transfer withdrawal
Alpaca Trading vs. E*TRADE: Withdrawal options
E*TRADE Alpaca Trading
Bank transfer Yes Yes
Credit/debit card No No
Electronic wallets No No
Withdrawal fee $0 $0

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Web trading platform
4.5

E*TRADE has a great, user-friendly web trading platform, offering a clear fee report among others. On the negative side, it cannot be customized.
Pros Cons
User-friendly Limited customizability (for charts, workspace)
Clear fee report
Two-step (safer) login
Web trading platform of E*TRADE, a Alpaca Trading alternative
Alpaca Trading vs. E*TRADE: Trading platform scores
E*TRADE Alpaca Trading
Web platform score 4.5 stars 3.7 stars
Mobile platform score 4.5 stars 4.2 stars
Desktop platform score - -

Learn more about E*TRADE's web trading platform in the detailed E*TRADE review.

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Markets and products
3.1

You can trade plenty of asset classes at E*TRADE from stocks to futures, but only on the US market; in addition, forex trading is not available.
Alpaca Trading vs. E*TRADE: Markets and products
E*TRADE Alpaca Trading
Stock Yes Yes
ETF Yes Yes
Forex No No
Fund Yes No
Bond Yes No
Options Yes No
Futures Yes No
CFD No No
Crypto Yes No

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Verdict

E*TRADE is one of the biggest US stockbrokers, and is regulated by top-tier authorities.

At the end of 2019, riding the commission-free trading trend in the US, E*TRADE introduced zero commission on stock and ETF trades. E*TRADE's research functions are of high quality and channel a lot of tools, including trading ideas and strategy builders. We liked the easy handling and the customizable features of the mobile trading platform.

E*TRADE has some drawbacks though. It doesn't accept credit/debit cards and electronic wallets for money transfers, and its product portfolio covers only US markets. In addition, live chat support is slow.

As trading fees are generally low, research tools are great and no inactivity fee is charged, you should feel free to try E*TRADE.

E*TRADE
Summary E*TRADE is a US stockbroker regulated by top-tier authorities SEC and FINRA. The company is listed on NASDAQ and has a banking background.
Fees score 4.4 stars
Recommended for Investors and traders looking for solid research and a great mobile trading platform

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Alpaca Trading alternatives
Fidelity

Fidelity is a US stockbroker founded in 1946. It is regulated by top-tier authorities like the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).

Fidelity is considered safe because it has a long track record and is regulated by top-tier financial authorities.

Recommended for investors and traders looking for solid research and great trading platforms

Pros Cons
Commission-free US stocks and ETFs High mutual fund fees and margin rates
Great trading platforms and research Slower account verification
US and international stocks Slow live chat

Fees
4.2

Fidelity has low trading and non-trading fees, including commission-free stock trading. On the negative side, margin rates and fees for some mutual funds can be high.
Pros Cons
Free stock and ETF trading High fees for non-free mutual funds
Low bond fees High margin fees
No inactivity fee
Alpaca Trading vs. Fidelity: Trading fees
Fidelity Alpaca Trading
Apple benchmark fee $0.3 $0.3
Vodafone benchmark fee $24.1 -
EURUSD benchmark fee - -

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

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Account opening
3.6

Opening an account at Fidelity is easy and there is no minimum deposit. You can also choose among many account types. However, account verification is a bit slow.
Pros Cons
No minimum deposit Slower account verification
User-friendly Not fully digital in some cases
Many account types
Alpaca Trading vs. Fidelity: Minimum deposit, time to open an account
Fidelity Alpaca Trading
Minimum deposit $0 $0
Time to open account 1-3 days 1 day

If you are interested more in Fidelity minimum deposit, this overview will help you.

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Deposit and withdrawal
3.8

Fidelity offers an exceptionally wide range of base currencies. On the negative side, credit/debit cards are not accepted.
Pros Cons
Free withdrawal Credit/Debit card not available
No deposit fee
Several account base currencies
Alpaca Trading vs. Fidelity: Withdrawal options
Fidelity Alpaca Trading
Bank transfer Yes Yes
Credit/debit card No No
Electronic wallets Yes No
Withdrawal fee $0 $0

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Web trading platform
4.5

Fidelity's web platform is easy to use, has many order types and provides two-step authentication. On the negative side, it is not customizable.
Pros Cons
User-friendly Limited customizability (for charts, workspace)
Clear fee report
Two-step (safer) login
Web trading platform of Fidelity, a Alpaca Trading alternative
Alpaca Trading vs. Fidelity: Trading platform scores
Fidelity Alpaca Trading
Web platform score 4.5 stars 3.7 stars
Mobile platform score 4.5 stars 4.2 stars
Desktop platform score 3.8 stars -

Learn more about Fidelity's web trading platform in the detailed Fidelity review.

Markets and products
3.9

Fidelity offers a lot of different trading products, from stocks to options, including international stocks. However, forex and futures trading is not available.
Alpaca Trading vs. Fidelity: Markets and products
Fidelity Alpaca Trading
Stock Yes Yes
ETF Yes Yes
Forex No No
Fund Yes No
Bond Yes No
Options Yes No
Futures No No
CFD No No
Crypto No No

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Verdict

Fidelity is one of the biggest US stockbrokers and is regulated by top-tier authorities.

Fidelity offers commission-free US stocks and ETFs. The trading platforms and research are outstanding, with many tools including trading ideas and detailed fundamental data. The offered range of products includes international stock exchanges in addition to the US market, which is not common among US brokers.

Fidelity has some drawbacks, though. Some mutual funds have high fees, and the margin rates are high as well. The account verification process and live chat support are both a bit slow. 

As it has great research tools, a user-friendly web trading platform, and charges no inactivity fee, feel free to try Fidelity's services.

Fidelity
Summary Fidelity is a US stockbroker. It is regulated by top-tier authorities SEC and FINRA.
Fees score 4.2 stars
Recommended for Investors and traders looking for solid research and great trading platforms

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Alpaca Trading alternatives
Bottom line

Based on our analysis, there are several good alternatives to Alpaca Trading. They all offer similar products and target similar customers. Here's a recap of the results in a table.

Alpaca Trading alternatives
Broker Info Recommended for
Alpaca Trading US API broker Traders interested in algorithmic stock trading
moomoo US zero-fee discount broker Investors and traders looking for zero-commission trading and focusing on US markets.
Webull US discount broker Investors and traders looking for zero-commission trading and focusing on US markets
E*TRADE US stockbroker Investors and traders looking for solid research and a great mobile trading platform
Fidelity US stockbroker Investors and traders looking for solid research and great trading platforms

Still unsure? Use our broker finder and find the best broker for you or learn more about investing your money.

Author of this article

Dan Sallai

Author of this article

My goal is to help people find our resourceful content when they need the most. I combine my 10+ years online marketing experience with the team's finance knowledge to reach that every day. On the side I'm paying bowling, tennis and enjoy spending great time with my children.
My goal is to help people find our resourceful content when they need the most. I combine my 10+ years online marketing experience with the team's finance knowledge to reach that every day. On the side I'm paying bowling, tennis and enjoy spending great time with my children.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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