Alpaca Markets Plans Pricing
Alpaca separates trading from market data in its pricing. Trading itself is commission-free for US stocks, ETFs, and options, and a full paper-trading sandbox is free forever. Market data is where the paid tiers live: a free Basic plan (real-time IEX equities over WebSocket, 15-minute delayed SIP over REST, indicative options, crypto, 200 requests/minute) and Algo Trader Plus at $99/month (full real-time SIP across all US exchanges, real-time OPRA options, unlimited WebSocket symbols, up to 10,000 requests/minute). Business and enterprise market-data agreements are negotiated. The Broker API is a B2B product with commercial pricing agreed with Alpaca. Numbers reflect Alpaca's published pricing at review time and are not otherwise reconciled.
Alpaca Markets Plans Pricing is the machine-readable pricing-plan profile for Alpaca on the APIs.io network, conforming to the API Commons Plans specification.
It defines 5 plans, covering free, paid, and enterprise tiers, with named plans including Paper Trading (Sandbox), Commission-Free Trading (Live), Market Data - Basic, Market Data - Algo Trader Plus, Broker API (Business).
Tagged areas include Market Data, Trading, Brokerage, Stocks, and Crypto.
Plans
A free, funded-with-virtual-cash paper account at paper-api.alpaca.markets that mirrors the live Trading API exactly. No cost, no live money; ideal for building and testing strategies.
- Full Trading API
- Simulated Fills
- Real-Time Account WebSocket
Commission-free trading of US stocks and ETFs on a funded live account. Fractional shares supported. Options and crypto trading may carry per-contract or spread fees per Alpaca's fee schedule.
- US Stocks and ETFs
- Fractional Shares
- Options Trading
- Crypto Trading
Free market data tier, the default for all accounts. Real-time IEX equities over WebSocket, 15-minute delayed full-market data over REST, indicative options quotes, and crypto. Capped at 200 API requests/minute and limited WebSocket symbol subscriptions.
- Real-Time IEX Equities (WebSocket)
- 15-Minute Delayed SIP (REST)
- Indicative Options
- Crypto Data
- 7+ Years History
Paid market-data tier for algo traders and quants. Full real-time SIP data across all US exchanges, real-time OPRA options data, unlimited WebSocket symbol subscriptions, and up to 10,000 API requests/minute.
- Full Real-Time SIP (All US Exchanges)
- Real-Time OPRA Options
- Unlimited WebSocket Symbols
- 7+ Years History
B2B product for businesses building brokerage and trading services for their own end users. Commercial terms (per-account, revenue-share, or platform fees) are negotiated with Alpaca. A free sandbox at broker-api.sandbox.alpaca.markets is available for development.
- End-User Account Onboarding
- Funding and Journaling
- Trading on Behalf of Users
- Sandbox Environment
Sources
- https://alpaca.markets/data
- https://docs.alpaca.markets/docs/about-market-data-api
- https://docs.alpaca.markets/docs/market-data-faq
Work with this as data
Every plan here is available over the APIs.io API and to AI agents over MCP.
MCP server
One button, every client — Claude, Cursor, VS Code and the rest.
https://apis.io/mcp
Tools for plans
4 MCP tools reach this
find_plansBrowse and filter every plan in the catalog.apis_io_searchSTART HERE — APIs, providers and tags for one query, each with its total.resolveTurn a domain, URL or GitHub org into the provider it belongs to.find_cohortsEvery scored population of providers in the catalog.
Call it yourself
curl for this page
curl "https://apis.io/api/v1/plans/alpaca-markets-plans-pricing"curl "https://apis.io/api/v1/plans?limit=25"Discovery needs no key. Ratings and market analysis are Pro.