Alpaca currently offers free paper trading accounts and commission-free* individual (non-retirement) brokerage accounts.

To learn more about Alpaca accounts, visit Alpaca Docs > Account Plans.

Trading Account
Alpaca Brokerage Account (Live Trading)After creating an Alpaca Paper Only Account, you can enable live trading by becoming an Alpaca Brokerage Account holder. This requires you to go through an account on-boarding process with Alpaca Securities LLC, a FINRA member and SEC registered broker-dealer.…

Commissions Disclosure: No minimums. Commission-Free trading means that there are no commission charges for Alpaca self-directed individual cash brokerage accounts that trade U.S. listed securities through an API. Relevant SEC and FINRA fees may apply.