My question is quite simple I guess and is just to make sure I understand it correctly:
Alpaca says they only take a spread markup fee of 0.1%.
Say I buy 1 BTC at $60.000 and the spread (ask - bid) is $150, then what would the spread markup fee be? 0.1% of the $150, right? And what if I buy 2 BTC, is is then 2 * 0.1% * $150?
It sounds too good to be true, so just making sure.
Thanks in advance,