Who are Alpaca and Apex?
Alpaca Securities and Apex Clearing are our brokerage partners responsible for executing trades for Composer users and act as the custodians of funds deposited in their brokerage accounts.
Alpaca and Apex are members of SIPC, meaning securities in your account are protected up to $500,000 (details and more information can be found at sipc.org).
Brokerage applications are also processed through Alpaca and Apex and are subject to their guidelines.
If you are unsure who your account is cleared through, please contact our team at help@composer.trade.