Alpaca Trading vs Interactive Brokers: Which Is Best for You?

Finding the perfect brokerage is one of the best things you can do for yourself in today’s fast paced trading ecosystem. The platform you choose must be easy to use, have low fees, provide you with the necessary tools and most importantly must be a trustable one. Today, I’ll talk about two of the most popular brokers currently available: Alpaca Trading and Interactive Brokers. I’ll try to provide you with a nice, understandable comparison that can hopefully help you choose the best one among these two. If you are ready, let’s get started. Shall we?

Alpaca Trading: More Than Just a Trading Platform

I repeat, Alpaca Trading is more than a trading platform. It is both a brokerage and an API that allows people to trade using Alpaca Trading. As a brokerage, as you might have guessed, it offers people to access exchange-based products. Currently, it only offers products that are traded on NYSE and NASDAQ.

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