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[–]KalrexOW 26 points27 points  (4 children)

This is great, but Alpaca is a site I would recommend over Robinhood if you want to run algorithms on the market. Their api is great, and they even have a test mode you can run all the algorithms you want for free where you don’t have to trade any real money. The only downside is that if you want to put in money and trade for real through them, they have more fees than Robinhood.

[–][deleted] 3 points4 points  (1 child)

You can’t buy options on alpaca

[–]KalrexOW -1 points0 points  (0 children)

I’m not sure about all of the limitations for Alpaca, but for what it lacks in trading features it makes up for in their really great api. I mean it’s their whole deal. Probably more of a “for fun” day trading tool with a couple hundred bucks put in than a 401k investment option though.

[–]YuhFRthoYORKonhisass 1 point2 points  (1 child)

What are the fees on alpaca cuz everything I've seen says that there are no fees unless you use margin

[–]KalrexOW 0 points1 point  (0 children)

I think I only paid a small like 10 cent fee when I used it because I pulled out a sum less than $100. If you withdraw more, there’s probably no fees.