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Guide

Brokers for automated trading compared (2026)

Schwab, Tradier, tastytrade and Alpaca all connect to Nyria for automated trading. Each takes stocks and options up to 4 legs. They differ on fees, paper accounts, crypto and sign-in.

Comparison table

Fees from schwab.com/pricing, tradier.com/pricing, tastytrade.com/pricing, docs.alpaca.markets. Checked Oct 2026.
FeatureSchwabTradiertastytradeAlpaca
Stocks and ETFsYesYesYesYes
Options, up to 4 legsYesYesYesYes
Crypto spotNoNoNo, off in its APIYes
Paper accountNyria Paper onlyTradier SandboxNyria Paper onlyAlpaca paper keys, separate from live
How it connectsSchwab sign-in, renewed every 7 daysTradier sign-intastytrade sign-inAPI key and secret
Stock commission$0$0 on Pro, $0.35 a trade on Lite$0$0
Equity option commission$0.65 a contract$0 on Pro, $0.35 a contract on Lite$1 to open, $0 to close, $10 cap a leg$0
Crypto feeNot offeredNot offeredNot offered0.25% taker, tiered by volume
Fill or kill, stocksYesSent as DaySent as DayYes

Which broker fits

  • Choose Schwab if you already trade there. Sign in once, then again every 7 days.
  • Choose Tradier for a paper Sandbox beside a live account. Pro is $10 a month.
  • Choose tastytrade for options bots. Closing is free, and opening caps at $10 a leg.
  • Choose Alpaca for stocks, options and crypto in one account. Paper uses its own keys.
  • Start on Nyria Paper to test without a brokerage account. Paper bots are free.

Coming soon: Webull, TradeStation, Binance, Binance US, Coinbase, Coinbase US and Tradovate.

For TradingView alerts

Any of the four takes TradingView alerts. The alert calls a Nyria webhook, and a bot places the order. See which brokers TradingView alerts can trade.

Questions

Do all four brokers support options?
Yes. Each takes single-leg options and spreads up to 4 legs.
Which broker supports crypto?
Alpaca, for spot pairs. tastytrade has crypto switched off in its API. Schwab and Tradier don't offer it.
Can I paper trade first?
Yes. Nyria Paper is free and needs no brokerage account. Tradier and Alpaca also offer paper accounts.
Can I use more than one broker?
Yes. Connect several brokers and deploy each bot to one of them.
What does Nyria cost for live trading?
Paper bots are free. Live trading starts at $15 a month, priced by your total entry allocation.

Test on paper first

Paper is free. Live trading from $15 a month.