- Is Alpaca Elite available to individuals or only businesses
- With the $30K balance requirement, will that also satisfy the PDT requirements for day traders
- If the market data subscription is included for Elite customers, what happens to an existing subscription? Will that be automatically credited and cancelled?
- How do I sign up? Seems like I cannot do this online on my own?
Disclaimer: I’m not affiliated with Alpaca other than being an individual trader with Alpaca Elite status so take my answer with a grain of salt.
- It is available to individuals.
- Yes
- Market data subscription is only available for free after depositing $100K. I don’t know what happens if you already have a subscription.
- If you just set up a normal account, I think you just get those status flags automatically if you deposit enough money. You do have to opt in manually after your $30K deposit if you want to enable the Elite trade router features.
For more info: