Alpaca is proud to share that our Trading API was recognized as the Best Broker for Algorithmic Trading in 2026 by BrokerChooser at their Annual Broker Awards. This prestigious recognition highlights Alpaca's commitment to providing industry-leading API-based trading infrastructure for active traders and developers, and we’re honored to be the first broker to win this newly introduced category.
BrokerChooser recently updated its methodology to better reflect the industry's evolution, increasing the weight given to trading platforms, integrated research tools, and key features such as API accessibility. Out of the many platforms evaluated, Alpaca’s developer-first approach and robust infrastructure secured the top spot for algorithmic traders.
In 2025, we focused on scaling advanced trading capabilities. From Level 3 options to advanced order types such as VWAP and TWAP, we have equipped algorithmic traders with the tools needed to build, automate, and scale sophisticated strategies with ease.
We unveiled multiple products and strategic initiatives for Trading API users, including Alpaca’s MCP Server, High-Yield Cash, Multi-Leg Options Trading, Fully Paid Securities Lending, Direct Market Access for Elite Smart Router, Zero ETB Borrow Fees, our options integration with TradingView, and, most recently, adding stop and stop-limit orders for single-leg options.
Furthermore, Alpaca reached several industry milestones, including establishing memberships with the Fixed Income Clearing Corporation (FICC), Options Clearing Corporation (OCC), and Nasdaq. These advancements strengthen Alpaca’s market access and infrastructure, enabling partners and developers to build the next generation of financial products and help make retail investing more accessible for global traders.
“We’re honored to be recognized as the Best Broker for Algorithmic Trading by BrokerChooser. This award highlights our efforts in building a comprehensive, robust Trading API that empowers advanced trading capabilities,” said Yoshi Yokokawa, Co-Founder and CEO of Alpaca. “This recognition is a testament to our team’s dedication to lowering the barriers for algorithmic trading, making it more cost-efficient, transparent, and accessible for the next generation of active traders and developers.”
Alpaca also recently won the FinTech of the Year at the 2025 US Fintech Awards, Top 100 Most Promising Fintech Startup by CB Insights, and the Inc. Power Partner Award Winner.
See the full list of BrokerChoose award winners here.
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About Alpaca
Alpaca is a US-headquartered, self-clearing broker-dealer and a global leader in brokerage infrastructure APIs providing access to stocks, ETFs, options, fixed income, and crypto. Alpaca delivers embeddable finance solutions for tokenization, fully paid securities lending, high-yield cash, 24/5 trading, Shariah-compliant investing and more. Today, Alpaca powers over 7 million brokerage accounts across hundreds of fintechs and institutions in 40+ countries with over $170M in funding.
About BrokerChooser
BrokerChooser is a leading independent comparison and review platform specifically designed to help investors find the right online brokers. Based in Malta and founded in 2016, they have become a global authority in the fintech space, helping over 7 million investors monthly.
The content of this blog is for general informational purposes only. All examples are for illustrative purposes only.
Alpaca and BrokerChooser are not affiliated and are not responsible for the liabilities of others.
Insights generated by our MCP server and connected AI agents are for educational/ informational purposes only and should not be taken as investment advice. Alpaca does not recommend any specific securities or investment strategies. Past performance from models does not guarantee future results. Please conduct your own due diligence before making any decisions. All firms mentioned operate independently and are not liable for one another.
Alpaca Securities offers a cash management program pursuant to the FDIC Bank Sweep. Customer funds are treated differently and are subject to separate regulatory regimes depending on whether customer funds are held in their brokerage account or within the FDIC Bank Sweep. Alpaca Securities is a member of the Securities Investor Protection Corporation (SIPC), which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash). The Federal Deposit Insurance Corporation (FDIC) insures up to $250,000 per deposit against the failure of an FDIC member bank. Customer funds held in brokerage accounts are SIPC insured, but are not eligible for FDIC insurance coverage. Funds maintained in the FDIC Bank Sweep are intended to be eligible for pass-through FDIC insurance coverage but are not covered by SIPC. FDIC insurance does not protect against the failure of Alpaca, Alpaca Securities, or their affiliates, nor against malfeasance by their employees. Program banks that participate in the FDIC Bank Sweep are not members of SIPC, and therefore, funds held in the Program are not SIPC protected. Please see alpaca.markets/disclosures for important additional disclosures regarding Alpaca Securities brokerage offering, as well as FDIC Bank Sweep terms and conditions.
Options trading is not suitable for all investors due to its inherent high risk, which can potentially result in significant losses. Please read Characteristics and Risks of Standardized Options before investing.
Please read Important Risk Disclosures With Respect To Participating In Fully Paid Securities Lending Transactions carefully before deciding whether to participate in lending Fully Paid Securities or agreeing to enter into a Master Securities Lending Agreement with Alpaca Securities LLC.
These disclosures describe important characteristics of, and risks associated with engaging in, securities-lending transactions.
Direct Market Access Gateway is provided solely by DASH Financial Technologies ("DASH"), a member of the listed exchanges. Alpaca enables customers to route orders to the selected exchange through DASH’s DMA capabilities.
Margin trading involves significant risk and is not suitable for all investors. Before considering a margin loan, it is crucial that you carefully consider how borrowing fits with your investment objectives and risk tolerance.
When trading on margin, you assume higher market risk, and potential losses can exceed the collateral value in your account. Alpaca may sell any securities in your account, without prior notice, to satisfy a margin call. Alpaca may also change its “house” maintenance margin requirements at any time without advance written notice. You are not entitled to an extension of time on a margin call. Please review the Firm’s Margin Disclosure Statement before investing.
Fractional share trading allows a customer to buy and sell fractional share quantities and dollar amounts of certain securities. Fractional share trading presents unique risks and is subject to particular limitations that you should be aware of before engaging in such activity. See Alpaca Customer Agreement at https://alpaca.markets/disclosures for more details.
All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. There is no guarantee that any investment strategy will achieve its objectives. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss. There is always the potential of losing money when you invest in securities, or other financial products. Investors should consider their investment objectives and risks carefully before investing.
Fixed income securities can experience a greater risk of principal loss when interest rates rise. These investments are also subject to additional risks, including credit quality fluctuations, market volatility, liquidity constraints, prepayment or early redemption, corporate actions, tax implications, and other influencing factors.
Orders placed outside regular trading hours (9:30 a.m. – 4:00 p.m. ET) may experience price fluctuations, partial executions, or delays due to lower liquidity and higher volatility. Orders not designated for extended hours execution will be queued for the next trading session. Additionally, fractional trading may be limited during extended hours. For more details, please review Alpaca Extended Hours & Overnight Trading Risk Disclosure.
Alpaca does not make any representation that its products or services are Shariah-compliant. Customers are solely responsible for determining whether any offering meets their own Shariah requirements.
Alpaca's Instant Tokenization Network is owned and developed by AlpacaDB, Inc. and Alpaca Crypto LLC.
Additional geographic restrictions may apply for tokenization services based on local regulatory requirements. Neither Alpaca Crypto LLC nor Alpaca Securities LLC are the issuer of, nor directly involved in, the tokenization of any assets. Tokenization is performed by a third party. Tokenized assets do not represent direct equity ownership in any underlying company or issuer. Instead, tokenized assets generally provide economic exposure to the equity securities of an underlying issuer. As such, holders of tokenized assets have no voting rights, dividend entitlements, or legal claims to the underlying company shares or any residual assets in the event of the underlying company’s liquidation or insolvency, unless explicitly stated otherwise. All investments involve risk. For more information, please see our Tokenization Risk Disclosure.
Securities brokerage services are provided by Alpaca Securities LLC ("Alpaca Securities"), member FINRA/SIPC, a wholly-owned subsidiary of AlpacaDB, Inc. Technology and services are offered by AlpacaDB, Inc.
Cryptocurrency is highly speculative in nature, involves a high degree of risks, such as volatile market price swings, market manipulation, flash crashes, and cybersecurity risks. Cryptocurrency regulations are continuously evolving, and it is your responsibility to understand and abide by them. Cryptocurrency trading can lead to large, immediate and permanent loss of financial value. You should have appropriate knowledge and experience before engaging in cryptocurrency trading. For additional information, please click here.
Cryptocurrency services are made available by Alpaca Crypto LLC ("Alpaca Crypto"), a FinCEN registered money services business (NMLS # 2160858), and a wholly-owned subsidiary of AlpacaDB, Inc. Alpaca Crypto is not a member of SIPC or FINRA. Cryptocurrencies are not stocks and your cryptocurrency investments are not protected by either FDIC or SIPC. Please see the Disclosure Library for more information.
This is not an offer, solicitation of an offer, or advice to buy or sell securities or cryptocurrencies or open a brokerage account or cryptocurrency account in any jurisdiction where Alpaca Securities or Alpaca Crypto, respectively, are not registered or licensed, as applicable.
