Alpaca Wins "Best Brokerage for Sophisticated Traders" at 2024 Benzinga Global Fintech Awards

Alpaca is a brokerage infrastructure technology company and self-clearing broker-dealer that delivers execution and custody solutions for stocks, ETFs, options, and cryptocurrencies. We are honored to once again earn recognition at the 2024 Benzinga Global Fintech Awards, winning the category of Best Brokerage for Sophisticated Traders. This is Alpaca’s third consecutive year of success at the event, having won Best API Solution in 2023 and Best Automated Trading Software in 2022.

Alpaca CEO, Yoshi Yokokawa, accepting the "Best Brokerage for Sophisticated Traders" at the Benzinga 2024 Awards.

The Benzinga Global Fintech Awards celebrates remarkable accomplishments, spotlighting emerging innovators and disruptors making positive change in the fintech landscape. As Jason Raznick, Founder of Benzinga, emphasized on Twitter: "This year’s finalists and winners embody the transformative power of fintech innovation. Their contributions are driving significant advancements and shaping the future of finance."

As winners of the Best Brokerage for Sophisticated Traders, we are proud to be recognized for our work in building an end-to-end DTCC member and FINRA registered broker-dealer. This includes developing advanced trading capabilities for institutional and individual traders as well as key features such as being SOC 2 compliant and providing excess SIPC coverage. This achievement highlights the consistency of innovation at Alpaca, reinforcing our mission of opening financial services to everyone on the planet.

“We are honored to be recognized at the 2024 Benzinga Global Fintech Awards. Alpaca will continue to innovate and deliver scalable custody and execution solutions to individual investors, businesses, and developers with the globally trusted technology that we have built.” - Yoshi Yokokawa, Co-Founder & CEO at Alpaca

Alpaca’s success in 2024 reflects its commitment to consistently delivering solutions that meet the evolving needs of its partners and the global financial markets. This is evident through several new offerings such as options trading, IRA accounts, High-Yield Cash, FIX API, Instant Funding, and more!

About Alpaca

Alpaca is a U.S. California headquartered brokerage infrastructure technology company and self-clearing broker-dealer, delivering custody and execution solutions for stocks, ETFs, options, cryptocurrencies, and more. Alpaca has raised over $170 million in funding. Amongst its subsidiaries, Alpaca is a licensed financial services company in multiple countries, and it serves millions of customers and hundreds of financial institutions globally such as broker-dealers, investment advisors, hedge funds, and crypto exchanges. Alpaca is backed by top investors in the industry globally, including Portage Ventures, Spark Capital, Tribe Capital, Social Leverage, Horizons Ventures, Unbound, SBI Group, Elefund, and Y Combinator. 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.

Let's See How We Can Partner Together


Please note that this article is for general informational purposes only and is believed to be accurate as of the posting date but may be subject to change.

Alpaca and Benzinga are not affiliated, and neither are responsible for the liabilities of the other.

The testimonials, statements, and opinions presented in this article are applicable to the specific individuals. It is important to note that individual circumstances may vary and may not be representative of the experiences of others. There are no guarantees of future performance or success. The testimonials are voluntarily provided and are not paid, nor were they provided with free products, services, or any other benefit in exchange for said statements.

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 in options.

High-Yield Cash API is subject to, among other things, the Alpaca’s API terms and conditions. In addition, customer access to the FDIC Bank Sweep is subject to, among other things, the Alpaca Customer Agreement, Alpaca Terms and Conditions, and the Alpaca FDIC Bank Sweep Program Terms and Conditions. Please see alpaca.markets/disclosures for further information and important disclosures. 

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 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.

Interested in learning more about Broker API?

Don't miss out on any updates about our Broker API suite of solutions! Share your details with us and be the first to know about our latest content.

Author image
About Luke West
You've successfully subscribed to Alpaca Blog | Developer-First API for Stocks, Options, and Crypto
Great! Next, complete checkout for full access to Alpaca Blog | Developer-First API for Stocks, Options, and Crypto
Welcome back! You've successfully signed in.
Success! Your account is fully activated, you now have access to all content.