Get To Know Your Benzinga Global Fintech Awards Nominee: Alpaca

Alpaca is an application programming interface (API) for trading. It allows users to buy and sell U.S. stocks for free through integrations with third-party apps like Slack and TradingView. Headquartered in Silicon Valley, Alpaca is backed by top investors in the financial industry from around the world.

Customers with an Alpaca account gain access to:
· The API and regular updates
· Educational resources on how to use the API
· Commission-free trading
· Consolidated market data in real-time
· Paper trading for improving trading strategies
· Advanced algorithms that are ready to be deployed


The Alpaca Trading Experience
Automated trading is distinctly different from traditional day trading. It involves making many smaller transactions throughout the day. The commission from each of these trades can outweigh the profits. Therefore, Alpaca firmly supports commission-free trading on its platform. The API also helps young investors start small and gradually scale up their investment strategies.

However, Alpaca does charge interest on cash deposits. You may also be charged for margin loans and stock loans. 


Alpaca is Integrated with Leading Technologies
Alpaca is constantly working on new ways to trade. It has partnered with many other platforms to enable its users to customize and automate their trade flow. These integrations include:

Blueshift
Blueshift is an algorithmic trading platform developed by one of the leading quant finance schools, Quantlnsti. With the help of Blueshift, you can write trading algorithms on your web browser. These algorithms can be seamlessly integrated with Alpaca.

Zapier
The Zapier integration with Alpaca lets you instantly connect more than 2,000 apps to automate your work and increase productivity.

Slack
Alpaca for Slack is a specialized Slack integration that lets you manage your portfolio from any Slack community. It also allows you to place orders using simple commands.

Alpaca has a Thriving Open Source Community
As true believers of open source, Alpaca has built a strong and active community of traders and developers. It has plenty of educational resources and forum discussions that can enrich your trading strategies. No matter where you are in your trading journey, the Alpaca community can help you gather and share knowledge.

Community members are constantly seen chatting, asking questions, providing feedback, discussing the market, analyzing algorithms and much more.

Benzinga will be holding its annual Benzinga Global Fintech Awards, a day of dealmaking, networking, and recognition in the financial technology space, on Nov. 10, 2020.

See a company you like? Nominate it for the 2020 Benzinga Global Fintech Awards here!