Alpaca Broker API — Launch your own commission-free trading app

Hiten Shah

Featured

•

4yr ago

Alpaca Broker API allows us to offer each component of the brokerage service including opening accounts, booking money movements, giving out rewards, commission-free trading of U.S. stocks, fractional shares trading, and more.

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Yoshi Yokokawa

Alpaca

Maker

Hello Product Hunt! I’m Yoshi, the co-founder/CEO of Alpaca. I’m excited to have @hnshah hunt this for us! Read on for more details… We’re excited to unveil Alpaca Broker API, an end-to-end brokerage experience via API. Broker API enables developers and startups, from across the world, to launch their own commission-free trading apps connecting to the US stock market(1), while Alpaca’s API handles the banking, security, and regulatory complexity. Sign up today and grab your API keys, to start building your own competitors to that investing unicorn!😆 -> https://alpaca.markets/broker _____ Alpaca Broker API Features: 🙌 Onboard, open, & manage individual user brokerage accounts 💸 Fund individual user accounts through our Plaid integration, wire transfers, or ACH transfers transfers 🔐 Leverage Alpaca’s KYC / CIP (Know Your Customer / Customer Identification Program) APIs to verify the identity of your customers 🔀 Journal cash or stocks between accounts to instantly fund user accounts or embed into your own growth strategies ✅ Enable trading functionality for your users, from long and short positions to fractional trading and complex order types, ex. bracket and limit orders 📥 Download trade confirmations and account statements required by local compliance laws 💰 Charge commissions(2) and manage them all in one place * see the Broker API Docs for full features -> https://alpaca.markets/docs/broker/ What can I use this for? --- Broker API is organized around REST, making it easy and intuitive to build on top of Alpaca’s infrastructure. Until now, integrating stock trading capabilities into an app was a tedious and linear process. Now, you can start building in a sandbox environment in parallel with becoming compliant with applicable rules and regulations. With Broker API, you are creating the ability for your users to invest in the stock market with as little as $1. This means that people from all over the world will be able to own portions of companies and ETFs that they would have otherwise not been able to access and invest in. We started offering our Broker API at the end of last year. With the help of our key partners, we have continued to develop and fine-tune our platform. Today, we’re thrilled to announce Gotrade (https://www.heygotrade.com/) and Midas (https://www.getmidas.com/) as our first Fintech partners (both registered broker-dealers in their respective jurisdictions) that built and launched their apps using Alpaca Broker API. How can I get it? --- From here https://alpaca.markets/broker, you can get your API keys and start building right away in our sandbox environment. You won’t have to worry about the live market, real money, and compliance until you’re ready. Once you’re ready to go live, our partnership team will guide you through the rest of the onboarding process. Wanna learn more? --- 💡Check out our blog post about Broker API https://alpaca.markets/blog/intr... 🔑Head over to our Broker API tutorials https://alpaca.markets/learn/tag... for more information on how to get started. 📚And of course check out the Broker API Docs! https://alpaca.markets/docs/broker/ Happy building! 🛠 --- 1) This is not an offer, solicitation of an offer, or advice to buy or sell securities, or open a brokerage account in any jurisdiction where Alpaca is not registered (Alpaca is registered only in the United States). 2) Subject to limitations and restrictions. Typically available only for registered broker-dealers.