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Company Products Sample pricing
AlpacaAPI-first commission-free stock broker headquartered in Silicon Valley California:

Built specifically for API traders, and offers free paper-trading and free real-time market data

More than few backtesting applications integrated including QuantRocket, Blueshift, Backtrader. [alpaca integration page: https://alpaca.markets/integrations]

Strong integration with TradingView to place trades directly on the TradingView charts [tradingview alpaca link: https://alpaca.markets/docs/alpaca-works-with/tradingview/]

Geography: Available for the U.S. residents, and invite-only beta for non-U.S. residents

User: Individuals and businesses

Assets: Only US Equities and Stocks

Exchanges: IEX (Investors Exchange LLC), NYSE National, Inc, Nasdaq BX, Inc, Nasdaq PSX

NYSE Chicago, Inc.

API type: Restful Web API with clean API documentation

Stock & ETFs Comissions: Free

Account fee: No

Inactivity fee: No

Withdrawal fee: No

Deposit type: Linked bank account (US-only), Wire transfer

Minimum deposit: $0 for U.S. residents and $30k for non-U.S. residents

Margin rate: 3.75%

Leverage: Up to 4X intraday & 2X overnight buying power

Pre market & after hours trading: Yes

Business account on-boarding for proprietary investments firms: Yes, designed for proprietary trading firm or hedge fund

Interactive BrokersOne of the largest online brokerage firms that offers various asset classes:

U.S.-based brokerage firm and operates the largest electronic trading platform in the U.S. by number of daily average revenue trades

API from its installed trading software TWS supports multiple asset classes

Geography: Available for the U.S. residents, and non-U.S. residents from select countries.

User: Individuals and businesses

Asset class: Coverage of 135 markets, 33 countries, 23 currencies

Exchanges: Global

Backtesting: Yes through integration

Paper trading: Yes

API type: Web-based API

Stock & ETFs: $1.0 for US stocks

Account fee: No

Inactivity fee: Yes

Withdrawal fee: No

Deposit type: Bank transfer

Minimum deposit: $0

Margin rate: Between 1.55% and 0.85%

Leverage: Margin account (4x intraday and 2x overnight) and Portfolio Margin account (6.67 – 3.33:1)

Pre market & after hours trading: Yes

Business account on-boarding for proprietary investments firms: Yes

Real-time market data: $200 – 2,000 / month depending of category and market data package

TD AmeritradeOne of the largest online brokerage firms (recently acquired by Charles Schwab):

Its API is built mainly for services to integrate with TD Ameritrade system

Geography: Available for the U.S. residents, and some non-U.S. residents.

User: Individuals

Asset class: US Stocks

Backtesting: Limited integration

Paper trading: No

Data Price: Non-professional clients: Free, Professional clients: $24 – 110 / months depending on market data package

Exchanges: US-focused, Nasdaq Level 1 / 2, Real-time OPRA / AMEX / NYSE quotes, ICE Futures

API type: An official API

Stock & ETFs: Free US stocks

Account fee: No

Inactivity fee: No

Withdrawal fee: No

Deposit type: Bank transfer

Minimum deposit: $0

Margin rate: Between 9.00% and 7.5%

Leverage: Margin account (4x intraday and 2x overnight)

Pre market & after hours trading: Yes

Business account on-boarding for proprietary investments firms: Yes

Drive WealthBuilds API solution to banks and fintech services to offer US stock through them (API-driven brokerage firm):

Offers cloud-based brokerage infrastructure for partner businesses

Offers fractional investing of US stocks

Geography: Available in the US and Non-US depending on its partner regulation and countries of their operation

User: Enterprise-clients (e.g. Neo-banks, Fintech, brokerage)

Asset class: US stocks and ETFs

Exchanges: Non-disclosed part of enterprise subscription

Backtesting: No

Paper trading: No

API type: Closed, only available for enterprise use case

Stock & ETFs: $2.99 per trade and $0.99 per trade for fractional shares or Subscription $4.99 / month or $14.97 / quarter for $0.01 / share

Account fee: n.a.

Inactivity fee: n.a.

Withdrawal fee: n.a.

Deposit type: Linked bank account (US-only), Wire transfer, Charge cards, USD Check, Western Union, SEPA

Minimum deposit: n.a.

Margin rate: Fed Funds plus 4.00%

Leverage: Margin account (4x intraday and 2x overnight)

Pre market & after hours trading: No

Business account on-boarding for proprietary investments firms: No

Xignite – Brokerage (API)Xignite:

The rigidity and high costs of legacy market data infrastructure are unsustainable. Point-to-point data flow, vendor concentration risk and on-premise technology are no longer an option. Xignite’s cloud-native solutions enable you to decouple your internal systems from data sources and free you from legacy and costly infrastructure.

Xignite’s Forex API provides real-time currency exchange rates and support for more than 170 currencies, including Bitcoin, and over 29,000 currencies pairs.

Xignite offers several APIs that provide ETFs pricing data, mutual funds data and hedge fund data.

Price on request at https://www.xignite.com/pricing

Stock & ETFs: Yes

Account fee: variable

Inactivity fee: n.a.

Withdrawal fee: n.a.

Deposit type: Bank transfer

Minimum deposit: n.a.

Margin rate: n.a.

Leverage: n.a.

Pre market & after hours trading: n.a.

Business account on-boarding for proprietary investments firms: n.a.

IG UKIG UK spread betting and CFD provider:

Access to thousands of financial markets.

Allows to buy and sell shares and ETFs, or choose a wealth portfolio managed by IG UK.

IG UK is placing a premium on the security of client funds, IG UK is authorised and regulated by the FCA.

Provides flexible access to more than 17,000 global markets, with reliable execution.

Demo account available at https://www.ig.com/uk/demo-account

Full account available at https://www.ig.com/uk/application-form

Stock & ETFs: Yes

Account fee: No

Inactivity fee: No

Withdrawal fee: n.a.

Deposit type: Credit card, debit card, PayPal account or via bank transfer.

Minimum deposit: You can deposit a minimum of £250, or the equivalent in different currencies, if funding by card. The minimum deposit is displayed on the payments screen when you go to process a payment.

Margin rate: https://www.ig.com/uk/charges/margin

Leverage: n.a.

Pre market & after hours trading: Yes

Business account on-boarding for proprietary investments firms: n.a.

lightspeedLIGHTSPEED TRADER API:

The Lightspeed Trader API offers several libraries within Lightspeed Trader that C++ programmers can use to access Lightspeed Trader’s functionality. Users can create dynamic link libraries (DLLs) that can be started from the Lightspeed Trader Gray-Box Window to perform these functions.

Lightspeed Trader API provides:

Access to Lightspeed Trader’s list order entry (basket trading) functionality.

Access to Lightspeed Trader order entry and routes, position and order management, and account information.

Access to real time LevelII quotes, book data, trades, and level I information.

Incorporation of Lightspeed Trader compliance and order management features, including pre-trade risk checks, and real time risk management.

Documentation and sample code segments are available to assist programmers.

The API has been specifically developed to incur no additional monthly market data subscription fees to use the API. No additional trader ID is needed.

Enjoy the performance benefits of multi-threading without the need to program multi-threaded applications.

The Lightspeed Trader API offers the same minimized latency experienced as in Lightspeed Trader. Contact us about co-locating options to reduce latency introduced by remote connectivity.

This API has been optimized for performance and has a very powerful throughput rate. The Lightspeed Trader API can easily handle up to 1500 orders per second, per ID.

Stock & ETFs: Yes

Account fee: No

Inactivity fee: n.a.

Withdrawal fee: n.a.

Deposit type: Bank transfer

Minimum deposit: Minimum monthly commission, accounts under $15,000 is $25

Margin rate: $0.01/share or $1.00/contract with a $50 per position minimum

Leverage: n.a.

Pre market & after hours trading: n.a.

Business account on-boarding for proprietary investments firms: n.a.

EtradeE*trade online trading for retail investors:

Investment choices range from the simple to the complex. Long term to short term. The beginner to the expert level.

Provides Stocks, Options, Futures, ETFs, Mutual Funds, Bonds and CDs.

Multiple types of an account are available: Core Portfolios, Brokerage Account, Traditional IRA, and more.

Stock & ETFs: Yes

Account fee: No

Inactivity fee: No

Withdrawal fee: No

Deposit type: Mobile check deposit or Mail a check

Minimum deposit: n.a.

Margin rate: Between 5.45% and 8.95%

Leverage: n.a.

Pre market & after hours trading: n.a.

Business account on-boarding for proprietary investments firms: n.a.

allyALLY Self-Directed Trading:

Connect with the market 24/7.

Research investments, analyze your portfolio or place trades from wherever you happen to be.

Commission-free ETFs from Vanguard, GlobalX, iShares, and more.

No account minimum to get started.

It only takes a few minutes to open an account. You don’t need to add money right away, but the faster you fund the sooner you can start trading.

Stock & ETFs: Yes

Account fee: No

Inactivity fee: No

Withdrawal fee: For early withdrawal only

Deposit type: From another bank or an Ally Bank account, Ally eCheck DepositSM to deposit checks, wire transfer or mail checks

Minimum deposit: 0$

Margin rate: https://www.ally.com/invest/self-directed-trading/margin-account/

Leverage: n.a.

Pre market & after hours trading: Yes

Business account on-boarding for proprietary investments firms: n.a.

lime brokerageInterface with Lime technology through APIs, FIX, or trading applications to access all U.S. Equity and Options markets:

Lime Brokerage provides products allowing clients to interface with Lime technology through APIs, FIX, or trading applications to access all U.S. Equity and Options markets, manage trading, monitor risk, and develop advanced strategies.

Lime Brokerage is focused on innovative and faster solutions to real-time performance challenges, while maintaining the reliability that has earned the industry’s trust.

Lime Network Operations provides the infrastructure to support the demanding needs of automated trading.

Lime provides market data for executions, whether clients are supplying data to algorithmic strategies at high speed or other institutional trading solutions – reliable, comprehensive and accurate market data is a necessity.

All information available at https://www.limebrokerage.com/contact/

infrontInFront Excel and desktop API:

With an Excel integration and Desktop APIs, the Infront Professional Terminal offers you all the tools to maximize your work.

Live streaming market data into Excel: Easily populate Excel with streaming data from Infront and use it to build your own calculations.

Use one-click export or Excel Add-in: Infront provides two ways to export data from the Infront terminal to Excel. You can click on the Excel icon beside a data set to bring it up directly in Excel, or, you can begin in Excel. Use the integrated Excel Add-in to build your models and data sets and import data. You can also start with ready-made Excel models provided by Infront.

Desktop APIs for R and Python

Using Infront’s Destop API for R and Python, you can conduct portfolio analyses, simulate extreme events and their effect on prices, create visualizations and indicators to better understand the market dynamics, and much more.

R and Python, as your daily companion with your Infront Professional Terminal, provides you with over 114,000 open-source packages covering thousands of use cases.

Free trial available at https://www.infrontfinance.com/order/try/

All information available at https://www.infrontfinance.com/contact/

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