ForexQ.com
← Home

Alpaca

Brokerage firm · United States

About the company

Legal company nameAlpaca Securities LLC (dba Alpaca Clearing) · Alpaca Derivatives LLC · Alpaca Crypto LLC · AlpacaDB, Inc.
Year founded—
Headquarters / registered countryNew York, United States
Websitealpaca.markets
Last checked09.11.2026

According to its official website, Alpaca is a US-based brokerage platform that provides access to financial markets through developer-friendly APIs. Its Broker API is an end-to-end brokerage infrastructure that lets fintechs and institutions build their own investing apps, while the Trading API lets programmatic traders, retail investors, hedge funds and prop firms automate stock, options and crypto strategies. The company says it powers hundreds of financial institutions in more than 40 countries, including Australia, Chile, the United Kingdom, the United Arab Emirates, Saudi Arabia and Turkey, and has helped partners open over 7 million brokerage accounts. Technology and services are offered by AlpacaDB, Inc.; securities brokerage is provided by Alpaca Securities LLC ("Alpaca Clearing"), a wholly owned, self-clearing subsidiary and member of FINRA and SIPC. Cryptocurrency services are made available by Alpaca Crypto LLC, a FinCEN-registered money services business (NMLS 2160858); the company states that AlpacaX Crypto is authorised by the Securities Commission of The Bahamas. Commission-free trading, fractional shares, margin (4x intraday and 2x overnight buying power), short selling, fully paid securities lending, TradingView and an MCP server are offered; according to its Form CRS there is no minimum account size. On 17 August 2026 the company announced that Alpaca Derivatives LLC had registered with the CFTC as a futures commission merchant (FCM) and become an NFA member in order to offer access to event contracts on prediction markets; the site states that the entity has not yet commenced FCM operations. This information is the company's own statement.

Account Details

ACCOUNT TYPESTrading API individual account (cash and margin) · Business account · Alpaca Elite · Broker API partner accounts (fintechs and institutions)
MIN. DEPOSITNot stated
PLATFORMSTrading API and Broker API · Alpaca-Py SDK · TradingView · MCP server · OAuth-connected apps · Paper Trading
PRODUCTSUS stocks and ETFs (incl. fractional) · Options · Crypto · Fixed income · Margin and short selling · Fully paid securities lending · Tokenization
LEVERAGE4x intraday and 2x overnight buying power

Licences and regulation

CFTC (United States)

Licence no.NFA ID 0576042
Licence holderALPACA DERIVATIVES LLC
ScopeNFA BASIC: NFA member (approved); registrations: FCM. CFTC FCM list (30 Sep 2026): FCM; DSRO NFA; retail forex obligation none. Site: FCM operations not yet commenced.
StatusVerified

SEC (United States)

Licence no.SEC 8-69928 · CRD 288202
Licence holderALPACA SECURITIES LLC
ScopeFINRA BrokerCheck: SEC-registered broker-dealer, FINRA member, Approved; FINRA approval 26 Mar 2018, New York, NY; registered in 52 states; disclosures: 2 regulatory event. Also known as Alpaca Clearing; owned by AlpacaDB, Inc.
StatusVerified
USER REPORTS

User complaints

User reports found online are classified by topic. The reports are compiled from records on Trustpilot, WikiFX, Şikayetvar and FastBull, and one person's records count once.

There are no classified user reports for this institution yet.

Sources and verification history

Official company sourcesalpaca.markets — homepage and footer disclosures, About Us, Disclosures, Form CRS (31 Jan 2025), FCM registration blog announcement (17 Aug 2026)
Regulator recordsNFA BASIC — ALPACA DERIVATIVES LLC, NFA ID 0576042 (nfa.futures.org, 9 Nov 2026) · CFTC FCM financial data list (30 Sep 2026) · FINRA BrokerCheck — ALPACA SECURITIES LLC, CRD 288202 (9 Nov 2026)
Company registerVerified source to be added
User feedback sourcesTrustpilot · Şikayetvar · WikiFX · FastBull
Last verified09.11.2026
SAME CATEGORY

Other licensed institutions in Share and exchange brokerage

No complaint records have been compiled for Alpaca yet, so no comparison list is shown. Below are institutions operating in the same service area whose licences are verified.

All institutions in this category →

The list is generated automatically; it is not a recommendation and there is no paid placement.

Frequently asked questions

Is Alpaca trustworthy?

According to the data, Alpaca has 2 verified licences (CFTC, SEC); there are no classified user reports yet. This page does not express an opinion; licence records come from official registers and reports from sourced records.

Which licences does Alpaca hold?

Licences verified in official registers: CFTC (United States) – NFA ID 0576042; SEC (United States) – SEC 8-69928 · CRD 288202.

Are there complaints about Alpaca?

No classified user reports about Alpaca yet. Sources: Trustpilot, Şikayetvar, WikiFX, FastBull.

How can I file a complaint about Alpaca?

Use the "File a Complaint" button on this page to open the form; the institution is preselected. Describe the issue, the date and attach any supporting documents. The complaint is reviewed by our team, published if eligible and forwarded to the institution; with the tracking link you receive, you can follow the process and the institution’s reply.

How is the information about Alpaca verified and when was it last checked?

Licence records are checked against official registers (last verification 09.11.2026). Complaint records are re-scanned every month on Trustpilot, Şikayetvar, WikiFX, FastBull. The institution’s details were last checked on 09.11.2026.

File a Complaint