Alpaca Trading
Plus500
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Basic data of broker
Recommended for Traders interested in algorithmic stock trading
Recommended for Experienced traders looking for an easy-to-use platform and a great user experience
USA
Israel
Fees
Free stock and ETF trading, low non-trading fees
Average trading and non-trading fees
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
1
16
Deposit type
Withdrawal type
Account opening
$0
$100
1 day
1 day
Social security number, other proof of residence
Proof of identity: ID / passport / driving license, passport, residence permit Proof of residency: bank statement / utility bill / toll taxes letter / salary slip / address card
Trading platform
Markets and products
Disclaimer: 86% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Research, education
Great
Great
Customer service
Security
$500,000 (securities up to $500,000, cash up to $250,000)
£85,000 in the UK, €20,000 in other EU countries, no protection for residents of all other countries
2015
2008
USA
UK, Cyprus, Australia, New Zealand, Singapore, South Africa, Israel, Seychelles
For detailed information and hands-on experience, read our review of this broker.
For detailed information and hands-on experience, read our review of this broker.
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
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.
Alpaca Trading's service is on par with Plus500's and a comparison of their fees shows that Alpaca Trading's fees are slightly lower than Plus500's.
Account opening takes about the same effort at Alpaca Trading compared to Plus500, deposit and withdrawal processes are considerably more complicated at Alpaca Trading, while customer service quality is lower than Plus500's.
Our experts rated the trading platform of Alpaca Trading as somewhat worse than the platform of Plus500, found that clients have access to less markets and products with Alpaca Trading, while Plus500 provides less useful research and education.