Alpaca Data API

Website

alpaca.markets

Categories

#Fintech #Investing #Finance #Developer Tools

OpenInsider

Website

openinsider.com

Categories

#Finance #Stock Market #iPhone #Stocks

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.

OpenInsider features and specs

• Transparency
  OpenInsider provides detailed information about insider trading activities, offering visibility into actions taken by company executives, directors, and significant shareholders.
• Free Access
  The platform is available for free, making it accessible to a wide audience without the need for a subscription.
• Historical Data
  Users can access historical insider trading data, which can be useful for identifying trends and making informed investment decisions.
• User-Friendly Interface
  The website is designed to be user-friendly, with a straightforward interface that allows for easy navigation and quick access to information.
• Filtering Options
  OpenInsider offers various filtering options, enabling users to sort data by transaction type, date, company, insider role, and more.

Possible disadvantages of OpenInsider

• Dependence on Public Filings
  The data provided is dependent on public filings, which may not always be submitted promptly or could contain errors.
• Limited Analysis Tools
  While the site provides raw data, there are limited tools available for deeper analysis or integration with other investment research tools.
• Ad-Supported
  The website is supported by advertisements, which can be intrusive and detract from the user experience.
• No Mobile App
  OpenInsider does not have a dedicated mobile app, making it less convenient for users who prefer accessing financial data on the go.
• Potential Data Overload
  The extensive amount of data available can be overwhelming for novice investors who may find it challenging to interpret and utilize effectively.

No Alpaca Data API videos yet. You could help us improve this page by suggesting one.

Add video

I USED OPENINSIDER TO SEE WHAT RICH PEOPLE BUY !