I spent $99 for an API key for Alpaca’s unlimited plan.
Alpaca downgraded my account without warning to a plan with only 1000 Requests / Minute = ~16 Requests / Second. Alpaca has kept my $99.
To charge for one thing and then deliver another is false advertising and fraud. It’s a crime.
Will Alpaca be refunding my $99 or reinstating my unlimited limits?
You shouldn’t be hitting rate limits on the paid Market Data plan.
- How are you noticing these rate limits?
- What’s your Alpaca’s account email? (Message me in private)
I agree that “you shouldn’t be hitting rate limits on the paid Market Data plan”. However, recently, Alpaca has seen fit to retroactively reduce subscriber limits as seen on the website:
- US Stocks & ETFs
- Real-time Data
- 5+ Years Historical Data
- Aggregate Bars
- Trades & Quotes
- All US Stock Exchanges
- 1000 API Calls / Min
- Unlimited WebSocket
Note that it says “1000 API Calls / Min” == 16 Calls / Sec
Before, I never got “too many requests” on the paid plan. Now I got it part way through a month when I paid $99 for unlimited requests. Please reinstate limits or refund all of $99 alpaca customers this month.