Finance · head-to-head
Alpaca vs Razorpay IFSC
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.
Razorpay's IFSC Toolkit is a free, keyless lookup over India's Indian Financial System Code directory, compiled from RBI and NPCI public data, returning the bank, branch, address, and supported payment rails (NEFT/RTGS/IMPS/UPI) for any given code. The underlying dataset and API server are open-sourced on GitHub, with official client libraries for Node, PHP, Ruby, and Go.
| Alpaca | Razorpay IFSC | |
|---|---|---|
| Authentication | API Key | None |
| Pricing | freemium | free |
| Formats | JSON, WebSocket | JSON |
| CORS | yes | yes |
| HTTPS | Yes | Yes |
Razorpay IFSC needs no API key, while Alpaca requires API Key — pick Razorpay IFSC to start without signup.