Alpaca

Introduction

Enable stock trading funded by deposits accounts on Unit with Alpaca.

Benefits

Alpaca's commission-free stock trading APIs supports a wide range of investing and asset management use cases for Unit clients. Your end customer can manage both their deposit account on Unit and Alpaca investments all within your application.

Customer Experience

1. After creating an investment account with Alpaca, your end customer can move funds from their deposit account on Unit into their Alpaca account to be used for trading. Alpaca supports ACH and other funding mechanisms.
2. Once funded, your end customer can create trade orders, review their status and access market data through Alpaca.
3. Funds from the sale of stocks can be transferred back into their deposit account on Unit.

Implementation

info

Unit can help connect you with the Alpaca team. Contact your Customer Success Manager for more information.

Tech Integration

• Backend: Review Alpaca's API documentation.

  • Unit clients can leverage the Broker API offering for end customer account set up and funding.
  • The Trading API for managing your end customer's investment activity.

Dashboard

• Account funding will be a Received ACH debit on your Unit Dashboard.
• A withdrawal from an Alpaca investment account into a deposit account on Unit will be a Received ACH credit.