Online brokers compared for fees, trading platforms, safety and more. See how Alpaca Trading stacks up against Vanguard!
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:
Vanguard is a US stockbroker regulated by the top-tier SEC and FINRA.
Recommended for traders interested in algorithmic stock trading.
Recommended for long-term investors looking for great ETF and mutual fund selection.
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.
Vanguard
Vanguard is a US stockbroker regulated by the top-tier SEC and FINRA.
Recommended for long-term investors looking for great ETF and mutual fund selection.
Alpaca Trading's service is on par with Vanguard's and a comparison of their fees shows that Alpaca Trading's fees are slightly lower than Vanguard's.
Account opening takes somewhat less effort at Alpaca Trading compared to Vanguard, deposit and withdrawal processes are somewhat more complicated at Alpaca Trading, while customer service quality is somewhat lower than Vanguard's.
Our experts rated the trading platform of Alpaca Trading as being of the same quality as the platform of Vanguard, found that clients have access to about the same number of markets and products with Alpaca Trading, while Vanguard provides less useful research and education.
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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