





Registered securities broker
Alpaca Securities LLC is a member of Financial Industry Regulatory
Authority, Inc. (FINRA).
You can check the
background of Alpaca Securities on FINRA’s BrokerCheck.
Alpaca Securities is also a member of SIPC - securities in
your account are protected up to $500,000.
For details, please visit www.sipc.org.
Commissions Disclosure
Commission-free trading is available to Alpaca's retail customers. Commission-free trading means that there are no commission charges for Alpaca self-directed individual cash brokerage accounts that trade U.S.-listed securities and options through an API. However, certain arrangements with authorized business partners or the use of the Elite Smart Router as part of the Alpaca Elite offering may preclude commission free trades by Alpaca Securities. Please refer to the Brokerage Fee Schedule for more information. Relevant regulatory fees may apply. Alpaca reserves the right to charge additional fees if it is determined that order flow is non-retail in nature.