Thanks for the clarification on FXCM.
I signed up with Alpaca, because it offers commission-free trades. I wanted Alpaca to partner with Capitalise, because Capitalise is free to use, and it also makes the trade strategies in everyday language (no coding). So a free automation service to a commission-free broker sounds like a great idea, if they can agree to partner.
However, if I use Next Level Bot, and pay for monthly service, then that ruins the whole point of using Alpaca commision-free trades, because instead of losing money on commissions per trade, you now lose that money on the monthly payments.
Those extra fees, whether it’s commission fees or monthly fees, can be hard on amateur traders, because they cut away at the small profits that can be generated in the stock market.