Software Alternatives, Accelerators & Startups

Ellevest VS Alpaca Data API

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

Ellevest logo Ellevest

An investing platform built for women

Alpaca Data API logo Alpaca Data API

Free real-time stock market data API
  • Ellevest Landing page
    Landing page //
    2022-09-21
  • Alpaca Data API Landing page
    Landing page //
    2023-02-15

Ellevest features and specs

  • Gender-Focused Approach
    Ellevest is designed specifically to address the financial needs and challenges faced by women, offering tailored investment strategies and advice.
  • Financial Planning Tools
    Ellevest provides a wide range of financial planning resources and tools that help users set and achieve their financial goals, such as retirement and savings targets.
  • No Account Minimums
    Ellevest does not require a minimum balance to open an account, making it accessible to a wide range of investors, particularly those just starting.
  • Diverse Investment Options
    Ellevest offers a variety of portfolios that include socially responsible investment options, allowing users to invest in line with their values.
  • Career and Money Coaching
    Ellevest provides access to career coaching and personalized financial advice, helping users make informed decisions about their careers and finances.

Possible disadvantages of Ellevest

  • Higher Fees for Premium Services
    While the basic services are affordable, the premium services, which include personalized coaching, come at a higher cost.
  • Limited Investment Customization
    Ellevest offers preset portfolios and does not allow for extensive customization, which might not appeal to more experienced investors who prefer greater control.
  • Focus on Women
    While Ellevest's focus on women is generally a positive, it may not appeal to those who are not aligned with a women-focused financial platform.
  • US-Only Services
    Ellevest services are currently only available to residents of the United States, limiting its accessibility to a global audience.

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.

Ellevest videos

Ellevest Review (WITH DETAILED EXPLANATION)

More videos:

  • Review - Ellevest Review 2021 - Is It The Right Investment Choice For You?
  • Review - Ellevest Investing Tips (TOP 10 DO'S & DONTS)

Alpaca Data API videos

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

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Category Popularity

0-100% (relative to Ellevest and Alpaca Data API)
Investing
41 41%
59% 59
Fintech
25 25%
75% 75
Finance
43 43%
57% 57
Trading
100 100%
0% 0

User comments

Share your experience with using Ellevest and Alpaca Data API. 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 should be more popular than Ellevest. 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.

Ellevest mentions (1)

  • College Graduation Gift
    I would recommend financial advising. Particularly for a female - ellevest.com! They are a hedge fund managed by females but also have career counseling or "classes" on how to negotiate a raise, how to navigate an office, etc. You can purchase her advising hours or whatever session you think might best help her! Source: almost 4 years ago

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
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What are some alternatives?

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

Robinhood - Free stock trading service.

Trigger Finance - IFTTT for the stock market

SparkFin - Learn the markets for free, profit forever.

Richie Invest - An app that lets you invest with your friends

Mythic Markets - An investing platform for fans.

ClosingBell on Slack - Fetch stock market data from Slack with interactive messages