Finance · head-to-head

Alpaca vs IG

Alpaca

Alpaca's Market Data API v2 delivers realtime and historical quotes, trades, and bars for US equities and ETFs over REST and WebSocket, requiring an Alpaca brokerage/API-key account. The free plan gives 200 API calls/minute with 15-minute-delayed IEX-exchange data and 30-symbol WebSocket streams; the $99/month Algo Trader Plus tier removes the call cap, adds true realtime data from all US exchanges (plus real-time OPRA options quotes), and unlimited streamed symbols. Both tiers include 7+ years of historical data.

IG

IG's trading API layers REST order execution and Lightstreamer-based streaming onto the same CFD, spread-betting, and forex engine behind IG's own platform, authenticated with an API key generated from a live account (a linked demo account then lets you sandbox trades risk-free). There's no separate API fee — access is included with any account and gated only by IG's standard per-key usage quotas, not a metered price. A live probe of the real API host (api.ig.com) returned `Access-Control-Allow-Origin: *` even on an error response, confirming CORS is open — correcting the previously-recorded `unknown`.

AlpacaIG
AuthenticationAPI KeyAPI Key
Pricingfreemiumfree
FormatsJSON, WebSocketJSON, WebSocket
CORSyesyes
HTTPSYesYes

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