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Alpaca Trading's service is on par with Interactive Brokers's and a comparison of their fees shows that Alpaca Trading's fees are similar to Interactive Brokers's.
Account opening takes less effort at Alpaca Trading compared to Interactive Brokers, deposit and withdrawal processes are somewhat more complicated at Alpaca Trading, while customer service quality is somewhat lower than Interactive Brokers's.
Our experts rated the trading platform of Alpaca Trading as being of the same quality as the platform of Interactive Brokers, found that clients have access to less markets and products with Alpaca Trading, while Interactive Brokers provides somewhat lower-quality research and education.
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