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Alpaca Data API VS Digitap Alternate Data Suite

Compare Alpaca Data API VS Digitap Alternate Data Suite and see what are their differences

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Alpaca Data API logo Alpaca Data API

Free real-time stock market data API

Digitap Alternate Data Suite logo Digitap Alternate Data Suite

A well-designed solution to extract financial and non-financial information of your customer from multiple data points such as bank statements, telecom, e-commerce sites, mobile devices, employment records etc.
  • Alpaca Data API Landing page
    Landing page //
    2023-02-15
Not present

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.

Digitap Alternate Data Suite features and specs

No features have been listed yet.

Category Popularity

0-100% (relative to Alpaca Data API and Digitap Alternate Data Suite)

Alpaca Data API

Digitap Alternate Data Suite

Fintech
78 78%
Fintech
22% 22
APIs
0 0%
APIs
100% 100
Investing
100 100%
Investing
0% 0
Finance
47 47%
Finance
53% 53

User comments

Share your experience with using Alpaca Data API and Digitap Alternate Data Suite. For example, how are they different and which one is better?
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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: over 2 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

Digitap Alternate Data Suite mentions (0)

We have not tracked any mentions of Digitap Alternate Data Suite yet. Tracking of Digitap Alternate Data Suite recommendations started around Apr 2024.

What are some alternatives?

When comparing Alpaca Data API and Digitap Alternate Data Suite, you can also consider the following products

Robinhood - Free stock trading service.

Surepass.io - End-to-End user OnBoarding & Digital Identity Verification solutions for Enterprises | Digital KYC | Background Verification | Banking

SparkFin - Learn the markets for free, profit forever.

Setu - Setu’s APIs and software is used by hundreds of businesses from startups to large enterprises to reimagine onboarding, payments, deposits, lending and data empowerment for their end customers.We’re hiring across the board!

Trigger Finance - IFTTT for the stock market

Signzy - Signzy provides Digital Onboarding, identity verification, eSign & Contracting - Platforms & APIs to help businesses meet KYC, KYB AML regulations in Banking, Insurances, Financial services , Automobile, Payments, etc

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