Limit Order Decimal Places Rounded


Are the Live Trading Limit Orders rounded by default to 2 decimal places in Alpaca web page and in the API?

I ask because when I write a Limit Price of 4 decimal places on Alpaca web page (manual trader), it is automatically rounded to 2 decimal places. I haven’t tested the API yet.

Examples for IGC:

  1. Limit Price: 1.3648
    Estimated Price: $1.36

  2. Limit Price: 1.3668
    Estimated Price: $1.37