I was just signing up for an account and clicked the link on the bottom for information about the margin account. The link leads here: https://files.alpaca.markets/disclosures/library/ETC+-+Margin+Account+Agreement.pdf which does not work.
The text that this link is located in is “All accounts are opened as margin accounts. You should know that margin trading involves interest charges and risks, including the potential to lose more than deposited or the need to deposit additional collateral in a falling market. Before using margin, customers must determine whether this type of trading strategy is right for them given their specific investment objectives, experience, risk tolerance, and financial situation. For more information please see Alpaca’s Margin Disclosure Statement and Margin Agreement. These disclosures contain information on Alpaca’s lending policies, interest charges, and the risks associated with margin accounts.”