Trading Account #

The account API serves important information related to an account, including account status, funds available for trade, funds available for withdrawal, and various flags relevant to an account’s ability to trade. An account maybe be blocked for just for trades (trading_blocked flag) or for both trades and transfers (account_blocked flag) if Alpaca identifies the account to engaging in any suspicious activity. Please note that cryptocurrencies are not eligible assets to be used as collateral for margin accounts and will require the asset be traded using cash only.

Get the account

GET /v2/account

Returns the account associated with the API key.

Response

Account object

Account Model #

Example #

{
  "account_blocked": false,
  "account_number": "010203ABCD",
  "crypto_status": "PAPER_ONLY",
  "buying_power": "262113.632",
  "cash": "-23140.2",
  "created_at": "2019-06-12T22:47:07.99658Z",
  "currency": "USD",
  "crypto_status": "ACTIVE",
  "non_marginable_buying_power": "7386.56",
  "accrued_fees": "0",
  "pending_transfer_in": "0",
  "pending_transfer_out": "0",
  "daytrade_count": "0",
  "daytrading_buying_power": "262113.632",
  "equity": "103820.56",
  "id": "e6fe16f3-64a4-4921-8928-cadf02f92f98",
  "initial_margin": "63480.38",
  "last_equity": "103529.24",
  "last_maintenance_margin": "38000.832",
  "long_market_value": "126960.76",
  "maintenance_margin": "38088.228",
  "multiplier": "4",
  "pattern_day_trader": false,
  "portfolio_value": "103820.56",
  "regt_buying_power": "80680.36",
  "short_market_value": "0",
  "shorting_enabled": true,
  "sma": "0",
  "status": "ACTIVE",
  "trade_suspended_by_user": false,
  "trading_blocked": false,
  "transfers_blocked": false
}

Properties #

Attribute	Type	Description
`id`	string<uuid>	Account ID.
`account_number`	string	Account number.
`status`	string<account_status>	See detailed account statuses below
`crypto_status`	string<crypto_status>	The current status of the crypto enablement. See detailed crypto statuses below.
`currency`	string	“USD”
`cash`	string<number>	Cash balance
`portfolio_value`	string<number>	[Deprecated] Total value of cash + holding positions (Equivalent to the equity field)
`non_marginable_buying_power`	string<number>	Current available non-margin dollar buying power
`accrued_fees`	string<number>	The fees collected.
`pending_transfer_in`	string<number>	Cash pending transfer in.
`pending_transfer_out`	string<number>	Cash pending transfer out
`pattern_day_trader`	boolean	Whether or not the account has been flagged as a pattern day trader
`trade_suspended_by_user`	boolean	User setting. If `true`, the account is not allowed to place orders.
`trading_blocked`	boolean	If `true`, the account is not allowed to place orders.
`transfers_blocked`	boolean	If `true`, the account is not allowed to request money transfers.
`account_blocked`	boolean	If `true`, the account activity by user is prohibited.
`created_at`	string<timestamp>	Timestamp this account was created at
`shorting_enabled`	boolean	Flag to denote whether or not the account is permitted to short
`long_market_value`	string<number>	Real-time MtM value of all long positions held in the account
`short_market_value`	string<number>	Real-time MtM value of all short positions held in the account
`equity`	string<number>	Cash + long_market_value + short_market_value
`last_equity`	string<number>	Equity as of previous trading day at 16:00:00 ET
`multiplier`	string<number>	Buying power (BP) multiplier that represents account margin classification Valid values: 1 (standard limited margin account with 1x BP), 2 (reg T margin account with 2x intraday and overnight BP; this is the default for all non-PDT accounts with $2,000 or more equity), 4 (PDT account with 4x intraday BP and 2x reg T overnight BP)
`buying_power`	string<number>	Current available $ buying power; If multiplier = 4, this is your daytrade buying power which is calculated as (last_equity - (last) maintenance_margin) * 4; If multiplier = 2, buying_power = max(equity – initial_margin,0) * 2; If multiplier = 1, buying_power = cash
`initial_margin`	string<number>	Reg T initial margin requirement (continuously updated value)
`maintenance_margin`	string<number>	Maintenance margin requirement (continuously updated value)
`sma`	string<number>	Value of special memorandum account (will be used at a later date to provide additional buying_power)
`daytrade_count`	int	The current number of daytrades that have been made in the last 5 trading days (inclusive of today)
`last_maintenance_margin`	string<number>	Your maintenance margin requirement on the previous trading day
`daytrading_buying_power`	string<number>	Your buying power for day trades (continuously updated value)
`regt_buying_power`	string<number>	Your buying power under Regulation T (your excess equity - equity minus margin value - times your margin multiplier)

Account Status #

The following are the possible account status values. Most likely, the account status is ACTIVE unless there is any problem. The account status may get in ACCOUNT_UPDATED when personal information is being updated from the dashboard, in which case you may not be allowed trading for a short period of time until the change is approved.

ONBOARDING
The account is onboarding.
SUBMISSION_FAILED
The account application submission failed for some reason.
SUBMITTED
The account application has been submitted for review.
ACCOUNT_UPDATED
The account information is being updated.
APPROVAL_PENDING
The final account approval is pending.
ACTIVE
The account is active for trading.
REJECTED
The account application has been rejected.

Crypto Status #

The following are the possible account status values.

PAPER_ONLY Is used to display when account has not yet been approved for crypto.
SUBMITTED
The account’s crypto trading application has been submitted for review.
ACTIVE
The account is active for crypto trading.

Disclosures

Brokerage services are provided by Alpaca Securities, member FINRA/SIPC, a wholly-owned subsidiary of AlpacaDB, Inc.

Technology and services are offered by AlpacaDB, Inc.

Brokerage services are provided to customers who can write automated investment code and self-direct their own investments. Alpaca brokerage services are only provided to customers who agree to electronically sign agreements and agree to receive messages, confirmations, and statements electronically. Is Alpaca right for me?

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.

The Paper Trading API is offered by AlpacaDB, Inc. and does not require real money or permit a user to transact in real securities in the market. Providing use of the Paper Trading API is not an offer or solicitation to buy or sell securities, securities derivative or futures products of any kind, or any type of trading or investment advice, recommendation or strategy, given or in any manner endorsed by AlpacaDB, Inc. or any AlpacaDB, Inc. affiliate and the information made available through the Paper Trading API is not an offer or solicitation of any kind in any jurisdiction where AlpacaDB, Inc. or any AlpacaDB, Inc. affiliate (collectively, "Alpaca") is not authorized to do business.

You should know that the use or granting of any third party access to your account information or place transactions in your account at your direction is solely at your risk. Alpaca does not warrant against loss of use or any direct, indirect or consequential damages or losses to you caused by your assent, expressed or implied, to a third party accessing your account or information, including access provided through any other third party apps, systems, or sites.

Market prices, data and other information available through Alpaca are not warranted as to completeness or accuracy and are subject to change without notice. System response and account access times may vary due to a variety of factors, including trading volumes, market conditions, system performance, and other factors. A more complete description of the impact these factors may have can be found in our risks of automated trading systems section.

All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk it does not assure a profit, or protect against loss, in a down market. 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.

There are risks unique to automated trading algorithms that you should know about and plan for. You should setup a method or system of continuous monitoring or alerting to let you know if there is a mechanical failure, such as connectivity issues, power loss, a computer crash, or system quirk. You should also monitor for instances where your automated trading system experiences anomalies that could result in errant, missing, or duplicated orders. A more complete description of these and other risks can be found in our FAQ section.

Conditional orders may have increased risk as a result of their reliance on trigger processing, market data, and other internal and external systems. Such orders are not sent to the market until specified conditions are met. During that time, issues such as system outages with downstream technologies or third parties may occur. Conditional orders triggering near the market close may fail to execute that day. Furthermore, our executing partner may impose controls on conditional orders to limit erroneous trades triggering downstream orders. Alpaca Securities may not always be made aware of such changes to external controls immediately, which may lead to some conditional orders not being executed. As such, it is important to monitor conditional orders for reasonability. Conditional orders are “Not Held” orders whose execution instructions are on a best efforts basis upon being triggered. Furthermore, conditional orders may be subject to the increased risks of stop orders and market orders outlined above. Given the increased potential risk of using conditional orders, the client agrees that Alpaca Securities cannot be held responsible for losses, damages, or missed opportunity costs associated with market data problems, systems issues, and user error, among other factors. By using conditional orders the client understands and accepts the risks outlined above. Alpaca Securities encourages leveraging the use of Paper accounts to become more comfortable with the intricacies associated with these orders.

ETFs can entail risks similar to direct stock ownership, including market, sector, or industry risks. Some ETFs may involve international risk, currency risk, commodity risk, and interest rate risk. Trading prices may not reflect the net asset value of the underlying securities.

All accounts are opened as limited purpose margin accounts. You should know that margin trading involves interest charges and risks, including the potential to lose more than deposited or the need to deposit additional collateral in a falling market. Before using margin, customers must determine whether this type of trading strategy is right for them given their specific investment objectives, experience, risk tolerance, and financial situation. For more information please see Alpaca's Margin Disclosure Statement and Margin Agreement. These disclosures contain information on Alpaca Securities's lending policies, interest charges, and the risks associated with margin accounts.

Commission-Free trading means that there are no commission charges for Alpaca Securities self-directed individual brokerage accounts that trade U.S. listed securities through an API. Relevant regulatory fees may apply.

Commission free trading is available for Alpaca's retail customers. Alpaca reserves the right to charge additional fees if it is determined that orders flow is non-retail in nature.

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 is not regulated or is lightly regulated in most countries. 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, 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.