specification: API Commons Plans
specificationVersion: '0.1'
schema: https://raw.githubusercontent.com/api-evangelist/interface-research/main/schema/api-commons.yml#/$defs/Plans
provider: Alpaca
providerId: alpaca
created: '2026-05-08'
# Provenance stamped 2026-08-11: this artifact was written by the API Evangelist
# bulk sweep dated 2026-05-08, not harvested from the provider. See roadmap#35.
method: generated
modified: '2026-05-08'
reconciled: true
tags:
  - Fintech
  - Trading
  - Stocks
  - Crypto
  - Brokerage
  - Plans
description: >-
  Alpaca offers a Free Market Data plan (15-minute delayed via REST, real-time IEX-only WebSocket, 200 rpm)
  and an Algo Trader Plus plan ($99/month) with full SIP real-time data, OPRA options, and up to
  10,000 rpm. Trading commissions are zero for stocks, options, and crypto. Broker API pricing is
  bespoke per partner.
sources:
  - https://alpaca.markets/data
  - https://docs.alpaca.markets/docs/api-rate-limits
plans:
  - id: alpaca-free
    name: Free
    type: freemium
    description: Free Market Data plan with 15-minute delayed REST data and real-time IEX WebSocket.
    entries:
      - label: Monthly subscription
        name: free_monthly
        type: subscription
        metric: month
        limit: -1
        timeFrame: month
        geo: global
        unit: 1
        price: '0.00'
        userMultiplied: false
      - label: REST rate limit
        name: free_rate
        type: quota
        metric: requests_per_minute
        limit: 200
        timeFrame: minute
        geo: global
        unit: 1
        price: '0.00'
        userMultiplied: false
    elements:
      - name: 15-minute delayed REST data
      - name: IEX real-time WebSocket (30 symbols max)
      - name: 7+ years historical data
  - id: alpaca-algo-trader-plus
    name: Algo Trader Plus
    type: subscription
    description: $99/month for full SIP real-time data, OPRA options, unlimited symbols, up to 10,000 rpm.
    entries:
      - label: Monthly subscription
        name: algo_trader_plus_monthly
        type: subscription
        metric: month
        limit: -1
        timeFrame: month
        geo: global
        unit: 1
        price: '99.00'
        userMultiplied: false
      - label: REST rate limit
        name: algo_trader_plus_rate
        type: quota
        metric: requests_per_minute
        limit: 10000
        timeFrame: minute
        geo: global
        unit: 1
        price: '0.00'
        userMultiplied: false
    elements:
      - name: Full SIP real-time stock data
      - name: Real-time OPRA options data
      - name: Unlimited WebSocket symbols
      - name: 7+ years historical data
  - id: alpaca-broker-api
    name: Broker API
    type: enterprise
    description: Embedded brokerage / white-label. Pricing negotiated per partner.
    entries:
      - label: Custom pricing
        name: broker_custom
        type: subscription
        metric: contract
        limit: -1
        timeFrame: contract
        geo: global
        unit: 1
        price: contact sales
        userMultiplied: false
    elements:
      - name: Sales-led contract
      - name: White-label brokerage
maintainers:
  - FN: Kin Lane
    email: kin@apievangelist.com