Why We Chose Alpaca
At MarketQuants, we believe in empowering investors with the best tools available. That's why we integrated directly with Alpaca, a modern, API-first brokerage designed for the next generation of trading.
Key Benefits
1. Commission-Free Trading
Alpaca offers commission-free trading on stocks and ETFs. This ensures that your profits aren't eaten up by fees, whether you're making one trade a month or multiple trades a day.
2. Built for Modern Apps
Unlike traditional brokerages, Alpaca was built from the ground up for algorithmic and app-based trading. This allows MarketQuants to offer:
- Seamless Execution: Trade directly from our interface without easy switching.
- Real-Time Data: Fast and accurate price updates.
- Instant Settlement: Efficient handling of your portfolio actions.
3. Bank-Level Security
Your security is paramount.
- Member SIPC: Alpaca Securities LLC is a member of SIPC, which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash).
- Secure OAuth: We use industry-standard OAuth for connections. MarketQuants never sees or stores your brokerage password.
4. Paper Trading
Alpaca provides a first-class Paper Trading environment. This allows you to practice your strategies with virtual money using real-time market data before you risk a single cent of your own capital.
Global Access
Alpaca supports users from across the globe, making it the perfect partner for our mission to democratize institutional-grade investing for everyone, everywhere.
Head over to the Connecting Broker guide to get started.