Software Alternatives, Accelerators & Startups

Alpaca Data API VS DataSpark

Compare Alpaca Data API VS DataSpark and see what are their differences

Alpaca Data API logo Alpaca Data API

Free real-time stock market data API

DataSpark logo DataSpark

Get access to exclusive hedge-funds stock research, for free
  • Alpaca Data API Landing page
    Landing page //
    2023-02-15
  • DataSpark Landing page
    Landing page //
    2023-10-22

Alpaca Data API features and specs

  • Comprehensive Market Data
    Alpaca Data API provides access to a wide range of financial market data, including historical and real-time information for stocks, ETFs, and other assets, which is beneficial for conducting detailed analysis and making informed decisions.
  • Integrated Trading Platform
    The data API is conveniently integrated with Alpaca's trading platform, allowing for seamless transition from data analysis to executing trades, which can increase efficiency for users.
  • User-Friendly Documentation
    Alpaca offers well-documented API resources that help developers easily understand and implement the service into their applications, facilitating a smoother development process.
  • Free Tier Access
    Alpaca provides a free tier for accessing its data API, which is attractive for individual traders and small startups who may have budget constraints.
  • Compliance with Various Regulations
    Alpaca is a registered broker-dealer, ensuring that the data provided adheres to essential compliance and regulatory standards, providing users with a reliable and legal data source.

Possible disadvantages of Alpaca Data API

  • Limited Asset Coverage
    While Alpaca offers substantial data for U.S. securities, its coverage outside the United States is limited, which may not be suitable for traders interested in global markets.
  • Rate Limits on API Calls
    The free and lower-tier subscriptions have rate limits on API calls, which can be restrictive for users requiring extensive data access or high-frequency data requests.
  • Potential Delays in Real-Time Data
    Depending on the subscription tier, there might be delays in receiving real-time data, which can be a disadvantage for high-frequency traders who rely on minimal latency.
  • Complex Pricing Structure
    The pricing model for accessing different levels of data and other features via the API can be complex, making it difficult for users to estimate costs effectively without a thorough understanding.
  • Dependency on Internet Connectivity
    As with any online API service, the reliability and performance of Alpaca's data feed depend on the user's Internet connectivity, which could be a concern in areas with unstable connections.

DataSpark features and specs

  • Comprehensive Data Insights
    DataSpark offers a wide range of data analytics services that provide deep insights into various industries, helping businesses make informed decisions.
  • Customizable Solutions
    The platform provides customizable analytics solutions tailored to meet the specific needs of businesses, making it adaptable to different scenarios.
  • User-Friendly Interface
    DataSpark features an intuitive user interface that allows users to easily navigate through data and analytics tools without requiring extensive technical expertise.
  • Scalability
    The platform supports scalable data processing capabilities, making it suitable for businesses of all sizes, from startups to large enterprises.

Possible disadvantages of DataSpark

  • Cost
    Depending on the plan and customization, DataSpark's services might be expensive for small businesses or startups with limited budgets.
  • Complexity for Advanced Features
    While the basic interface is user-friendly, some of the advanced features require technical knowledge, which might necessitate additional training or hiring specialized personnel.
  • Data Privacy Concerns
    As with any data analytics platform, there might be concerns regarding data privacy and security, especially for businesses handling sensitive information.
  • Dependency on Internet Connectivity
    Since DataSpark is an online platform, its performance and accessibility can be affected by internet connectivity issues.

Alpaca Data API videos

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DataSpark videos

Walmart: The Time is Now... Here's How | Justin Maner, DataSpark

More videos:

  • Review - Top 5 Ways to Grow your Walmart Marketplace Business using DataSpark

Category Popularity

0-100% (relative to Alpaca Data API and DataSpark)
Fintech
57 57%
43% 43
Finance
46 46%
54% 54
Investing
59 59%
41% 41
Developer Tools
100 100%
0% 0

User comments

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Social recommendations and mentions

Based on our record, Alpaca Data API seems to be more popular. It has been mentiond 8 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Alpaca Data API mentions (8)

  • Why is trading info so slow?
    Have you looked at Alpaca's Market Data API or Polygon.io. Both premium options are reasonably priced and give you access to both historical and real time trades. Source: over 2 years ago
  • Algo trading for dissertation
    I think https://alpaca.markets/data still offers free api keys for research purposes. Source: over 2 years ago
  • Costs for Algo Traders
    Https://alpaca.markets/data - As you see you get 100% market coverage for all US exchanges and unlimited API / WebSocket access. They also have 1min bar historical data (I do not know about the tick level). I can not speak to the quality of the API Access as I have a TotalView subscription. Source: almost 3 years ago
  • API for Fund Analysis
    Free tier for researchers, now $99/month for the algotrading access (link: https://alpaca.markets/data). Source: almost 3 years ago
  • Question about (somewhat) live market volume data
    Https://alpaca.markets/data free plan has 200 calls/minute limit which is what you want anyway. Source: about 3 years ago
View more

DataSpark mentions (0)

We have not tracked any mentions of DataSpark yet. Tracking of DataSpark recommendations started around Apr 2021.

What are some alternatives?

When comparing Alpaca Data API and DataSpark, you can also consider the following products

Robinhood - Free stock trading service.

Scout Finance - Free finance app that's like having a Bloomberg in your pocket. Download:

SparkFin - Learn the markets for free, profit forever.

Cappio - Stock research that isn't overwhelming

Trigger Finance - IFTTT for the stock market

StockDock - Live stock prices right in your macOS Dock