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Overview of Alpaca Trading fees and charges

We know that fees are on top of people's mind when selecting a broker. Brokerage fees consist of trading and non-trading fees. The most important trading fees are commission, spread, and financing rate.

  • Commission: it's charged when you execute a trade (either buy or sell). Commissions can be volume-tiered or flat fees. Nowadays, there are many commission-free brokers, click on the following links to check out the best free stockbrokers in the US and the EU.
  • it denotes the difference between the bid and ask price. When you trade forex, spreads can make up a significant part of your trading costs.
  • Financing rate/overnight costs: if you trade on leverage, you may be charged for holding your positions overnight. This cost can be expressed as a percentage or in swap points.
  • Non-trading fees: these occur when you deposit and withdraw funds, or if you don't use your account for a certain period.

Now, let's dive into the details and see what commissions, spreads, and financing rates Alpaca Trading charges.

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Alpaca Trading commission and other fees
Alpaca Trading commission and other trading fees

The good news is that Alpaca Trading has low trading fees in general. We ranked the fees of Alpaca Trading as low, average, or high based on how they compare with all reviewed brokers.

Check out this table to get an overview of whether Alpaca Trading commissions, spreads, and financing rates for each asset class are low/average/high.

Classification of Alpaca Trading commission and other trading fees
Alpaca Trading moomoo Webull
Stock and ETF Low Low Low
Forex - - -
Fund - - -
Bond - - -
Options - Low Low
Futures - - -

Now let's go over the trading fees for each asset class one by one.

Alpaca Trading stock and ETF commissions, spreads

Alpaca Trading stock and ETF commissions are low. Alpaca Trading stock and ETF commissions are charged as per the table below.

Alpaca Trading stock and ETF commission
Alpaca Trading
US stock Commission-free stock trading

You can compare Alpaca Trading stock and ETF fees with the two closest competitors.

Alpaca Trading stock and ETF commission, spreads vs competitors
Alpaca Trading moomoo Webull
US stock $0.0 $0.0 $0.0

Stock and ETF commissions are calculated for a $2,000 trade

Alpaca Trading commission and other fees
Alpaca Trading non-trading fees

In addition to trading fees, it's important to see if Alpaca Trading charges a fee on deposits, withdrawals, account maintenance, and inactivity. We compared these fees levied by Alpaca Trading with its two closest competitors.

Alpaca Trading non-trading fees vs competitors
Alpaca Trading moomoo Webull
Deposit fee $0 $0 $0
Withdrawal fee $0 $0 $0
Account fee No No No
Inactivity fee No No No

CFD fees are calculated for a $2,000 trade using 20:1 leverage for stock index CFDs, and 5:1 leverage for stock CFDs

Alpaca Trading commission and other fees
Bottom line

Hopefully, by now you have a clear picture of the commissions, spreads, financing rates, and non-trading fees charged by Alpaca Trading and its closest competitors. To learn more about Alpaca Trading, check out this detailed review. If you would like more information about fees in general, read this article about brokerage fees.

If you're not sure which broker to choose, get a personal recommendation from our broker recommendation algorithm or compare brokers with our broker comparison table.

Author of this article

Ádám Nasli

Author of this article

Ádám worked in banking and investment, and holds a professional degree in this field. He is a motivated finance expert, having joined BrokerChooser in 2018. He's also eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible. In his spare time, he loves learning new things, especially data science, algo trading, programming and trading.

Ádám Nasli

Analyst Head

Ádám worked in banking and investment, and holds a professional degree in this field. He is a motivated finance expert, having joined BrokerChooser in 2018. He's also eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible. In his spare time, he loves learning new things, especially data science, algo trading, programming and trading.

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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