This message is to address the feedback we received from our customers regarding a change to REG/TAF fee calculations after we migrated to our proprietary back-office system in February 2021.
We’re excited to announce some enhancements that recently went into effect on April 26, 2021. First, the REG/TAF fee calculation has changed for all Alpaca customers . Second, for greater clarity and transparency, these fees are now listed as a separate line item in the account activity records on both the dashboard or through the API on any sales transactions.
We also want to take this time to thank our valued customers for all of the feedback you’ve provided. Because of this feedback, we developed a new process to calculate REG/TAF fees so that it is much more favorable to our customers.
For more information regarding this change, check out this article: REG/TAF Fee Updates with Alpaca.