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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.
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.
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.



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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.
Licences verified in official registers: CFTC (United States) – NFA ID 0576042; SEC (United States) – SEC 8-69928 · CRD 288202.
No classified user reports about Alpaca yet. Sources: Trustpilot, Şikayetvar, WikiFX, FastBull.
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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.