Online brokers compared for fees, trading platforms, safety and more. See how Alpaca Trading stacks up against Spreadex!
Last update of data—Dec 2022
Alpaca Securities LLC is US-based broker providing commission-free API stock trading. The company is regulated by the top-tier SEC and FINRA:
Spreadex is a UK CFD and Forex broker. It is regulated by FCA and is available globally for clients.
Recommended for traders interested in algorithmic stock trading.
Recommended for spread, Forex and CFD traders looking for low fees and great deposit/withdrawal options.
Alpaca Trading
Alpaca Securities LLC is US-based broker providing commission-free API stock trading. The company is regulated by the top-tier SEC and FINRA:
Recommended for traders interested in algorithmic stock trading.
Spreadex
Spreadex is a UK CFD and Forex broker. It is regulated by FCA and is available globally for clients.
Recommended for spread, Forex and CFD traders looking for low fees and great deposit/withdrawal options.
Alpaca Trading's service is on par with Spreadex's and a comparison of their fees shows that Alpaca Trading's fees are slightly lower than Spreadex's.
Account opening takes somewhat less effort at Alpaca Trading compared to Spreadex, deposit and withdrawal processes are considerably more complicated at Alpaca Trading, while customer service quality is lower than Spreadex's.
Our experts rated the trading platform of Alpaca Trading as somewhat worse than the platform of Spreadex, found that clients have access to slightly more markets and products with Alpaca Trading, while Spreadex provides much less useful research and education.
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Brokers displayed might not be available in United States.