Alpaca is pleased to announce the launch of Alpaca Elite, which is described as a solution designed specifically for sophisticated traders like you.
Alpaca Elite reportedly provides “a cost-effective, advanced algo trading experience with white-glove account support.”
Whether you’re an individual trader exploring advanced algorithmic trading strategies or a hedge fund managing complex strategies, Alpaca Elite is tailored “to elevate your trading experience.”
At Alpaca, they claim to understand “that sophisticated traders and hedge funds require more than just a trading platform.”
Alpaca adds that they listened to their community, and that’s why they are pleased “to introduce Alpaca Elite: a packaged solution designed to elevate your trading journey.”
Whether you’re looking to optimize your trading strategies, “reduce costs, or access white-glove account support, Alpaca Elite is designed to fulfill all of your needs.”
With Alpaca Elite, you can trade with confidence, knowing that you “have access to an array of resources to support your trading objectives.”
Their commitment to listening to their users and taking swift action “ensures that Alpaca Elite will continuously evolve to meet the dynamic demands.”
As explained in a blog post, Elite Smart Router is an institutional-grade electronic trading strategy “offering cost-effective solutions with higher API limits and premium order types.”
For example, Alpaca will try to “access dark and non-displayed liquidity before crossing the spread on marketable orders.”
You have two pricing options to choose from, “each tailored to provide a cost-effective solution that suits your trading strategy.”
- All-In Plan: A straightforward, predictable cost structure at $0.0040 per share, encompassing all potential fees and rebates (not including regulatory fees).
- Cost Plus Plan: Exchange fees or rebates are directly passed back to you. Alpaca will charge $0.0025 or lower with volume tiering as a commission on top of your pass-through fees or rebates. Depending on your order flows, you may receive rebates that can offset the Alpaca commission to lower your overall trading cost.
You may take advantage of lower margin rate (benchmark plus 1.5%) to “maximize your returns. It is a reduced rate from benchmark plus 3.0%.
There’s high-touch account management support to “help you streamline operational efficiency.”
You may also get access to a team of experts “in Risk, Compliance, Corporate Actions, Clearing, and more, who understand the nuances of high-stakes trading.”
Starting now, with a $30,000 deposit, you are reportedly “eligible to choose Elite Smart Router if it fits your strategy better.”
With a $100,000 deposit, you will automatically “receive a lower margin rate, free market data subscription, and white-glove account support.”
