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Are there any hidden fees when trading crypto on Alpaca?

avatarCarversDec 26, 2021 · 3 years ago3 answers

Can you tell me if there are any undisclosed fees that I should be aware of when trading cryptocurrencies on Alpaca? I want to make sure I have a clear understanding of the costs involved before I start trading.

Are there any hidden fees when trading crypto on Alpaca?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    When trading cryptocurrencies on Alpaca, you should be aware that there may be some fees involved. Alpaca charges a commission fee of 0.25% per trade. This fee is applied to both buy and sell orders. Additionally, there may be network fees associated with transferring cryptocurrencies to and from your Alpaca account. It's always a good idea to review the fee schedule on Alpaca's website for the most up-to-date information.
  • avatarDec 26, 2021 · 3 years ago
    Yes, there are fees when trading crypto on Alpaca. Alpaca charges a commission fee of 0.25% per trade. This fee is pretty standard in the industry. In addition to the commission fee, there may be network fees for transferring cryptocurrencies. It's important to consider these fees when calculating your potential profits or losses.
  • avatarDec 26, 2021 · 3 years ago
    When trading cryptocurrencies on Alpaca, you will encounter some fees. Alpaca charges a commission fee of 0.25% per trade, which is quite competitive compared to other platforms. It's important to note that this fee applies to both buying and selling cryptocurrencies. Additionally, there may be network fees associated with transferring cryptocurrencies. It's always a good idea to review the fee structure on Alpaca's website to get a clear understanding of the costs involved.