Faster and Easier Business Accounts Onboarding Than Ever

Alpaca’s Trading API supports business use cases for hedge funds, prop trading firms, family offices, trusts, and other businesses, not only individual traders. Hundreds of businesses have come to Alpaca for a better API experience, faster order processing, and competitive fees.

In today’s business trading environment though, one of the challenges is account onboarding processes. Traditional financial institutions have very bureaucratic processes to onboard new businesses, with back and forth in questionnaires, document sharing, owner verifications, signatures, etc. Often the application stalls, if not gets rejected at the end of a very long period. What’s worse, this is the case only after you are lucky to hear the institution accepts your entity’s jurisdiction when it comes to international account opening.

We at Alpaca, under the mission to open financial services to everyone on the planet, always think about businesses from anywhere in the world. With this in mind, we have just upgraded our business onboarding flow to accelerate the process even further. As a result of this improvement, we are expecting the speed of onboarding to accelerate from days to hours.

What's New?

With our improved onboarding flow, new business customers can expect:

  • Simplified Process: We have simplified and automated the onboarding process for business entity customer onboarding. Corporate and owner documents can now be uploaded in the standard browser flow. The business verification step is automated behind the scenes.  As a result, unnecessary back-and-forth steps are now eliminated.
  • Enhanced Navigation: The user interface has been upgraded for a better experience and makes it clear what is expected in each step. Given the nature of multi-stage data collection of the business onboarding, the intermediate data is stored and allows you to resume from the last page you saved.
  • More Global and Business Type Coverage: The process now covers more use cases such as business entities from different countries, and types of businesses.

Check Out Our New Onboarding Flow – Here's a Sneak Peek with a Few Snippets

Account Type
Business Tax Information
Authorized Individuals and Ultimate Beneficial Owners 

Join the List of Alpaca’s Business Customers Today.

Alpaca’s Trading API has been selected by hundreds of business entities across the world for many years now. We are proud that we can satisfy their demanding needs with our high-performance order processing, ease of API with clean documentation, competitive fees, as well as coverage of the type of businesses and countries the customers come from. We have also upgraded the robustness of business by higher insurance coverage beyond the standard SIPC on top of the improved customer support and growing capital. Please don’t hesitate to reach out to us if you have any questions!

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. Please note that diversification 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.

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.

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 Securities are not registered or licensed, as applicable.

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About Sonia Sethi
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