Logo of SnapTrade

SnapTrade

Website

Last updated on

Company health

Employee growth
33% increase in the last year
Web traffic
61% increase in the last quarter
Financing
April 2022 - $500K

Ratings

G2
5.0/5
(1)

SnapTrade description

SnapTrade provides a single connection point to access data from multiple brokerage accounts. Businesses can use it to let their users share portfolios, track investment performance, and trade directly within their apps. This eliminates the need for manual data entry and allows companies to build financial tools without becoming a brokerage themselves. SnapTrade boasts high connection success rates and supports over 20 brokerages.


Who is SnapTrade best for

SnapTrade offers a unified API for connecting to multiple brokerage accounts, enabling fintech companies to build investing features without becoming a brokerage. It supports 20+ brokerages and offers trading, market data, and portfolio management APIs. Their flexible pricing includes free and pay-as-you-go options.

  • Ideal for medium-sized fintech businesses (101-1000 employees) building investing tools or platforms.

  • Best fit for finance, banking, and insurance, as well as software and IT companies.


SnapTrade features

Supported

SnapTrade supports a wide range of brokerage integrations, enabling users to connect to various platforms.

Supported

SnapTrade's unified API allows businesses to connect to multiple brokerages through a single integration.

Supported

SnapTrade provides an API for executing trades directly within applications.

Supported

SnapTrade's API offers access to both real-time and historical market data.

Supported

SnapTrade offers an API for portfolio management functionalities.

Supported

SnapTrade integrates with a third-party provider to conduct KYC/AML checks.

Supported

SnapTrade uses webhooks to notify users about updates to their accounts and portfolios.


SnapTrade pricing

The commentary is based on 1 reviews from SnapTrade G2 reviews.

SnapTrade's pricing is considered higher than competitors, but the reasonable monthly minimums and superior reliability make it worthwhile for many users. The consistent performance justifies the cost, especially for businesses valuing stability over bargain pricing.

See the SnapTrade pricing page.

  • SnapTrade has a free plan.

Free
Free

Read-only daily data (positions, orders, transactions, balances), limited supported brokerages, and 5 brokerage connections.

Pay as you go
$1.50 per connected user per month

Unlimited API requests and brokerage connections, $0.05 per manual data refresh sync, read-only daily data, and reach out for trading API access.

Custom Plan
Custom

Access to all supported brokerages, trading API access, real-time holdings data, volume-based discounts, dedicated customer success manager, premium support, integration support, feature requests, and beta access.


SnapTrade alternatives

  • Logo of Unified.to
    Unified.to
    One API connects your app to all your users' other apps.
    Read more
  • Logo of Merge
    Merge
    One API to connect any HR, ATS, or accounting system.
    Read more
  • Logo of Apideck Unify
    Apideck Unify
    Connect to any app through one API. Build integrations faster.
    Read more
  • Logo of SAP Integration Suite
    SAP Integration Suite
    Connects your apps, simplifying data flow and boosting efficiency.
    Read more
  • Logo of Zapier
    Zapier
    Connect your apps, automate tasks, work smarter.
    Read more
  • Logo of MetaTrader 5
    MetaTrader 5
    Trade forex and futures with advanced charting and automation.
    Read more

SnapTrade FAQ

  • What is SnapTrade and what does SnapTrade do?

    SnapTrade is a unified API platform that connects to multiple brokerage accounts, enabling businesses to build financial tools without becoming a brokerage. It offers portfolio tracking, investment performance monitoring, and direct trading within apps, simplifying financial data management and enhancing user experience. It supports over 20 brokerages and boasts high connection success rates.

  • How does SnapTrade integrate with other tools?

    SnapTrade integrates with various brokerages through a unified API. This allows businesses to connect to multiple platforms through a single integration point for streamlined data access, portfolio tracking, and trade execution. It also integrates with a third-party KYC/AML provider.

  • What the main competitors of SnapTrade?

    SnapTrade's main competitors include Token.io, which offers open banking APIs, Flinks, specializing in financial data verification, and Merge, which provides a unified API for HR, ATS, and accounting systems. Synctera and Truto also offer related services in embedded banking and app connectivity respectively.

  • Is SnapTrade legit?

    Yes, SnapTrade is a legitimate company. They offer a unified API for connecting to multiple brokerage accounts, simplifying financial data access for fintech apps. They support numerous brokerages and provide features like trading execution and market data.

  • How much does SnapTrade cost?

    SnapTrade offers a free plan for read-only data and limited brokerages. Their Pay as you go plan costs $1.50 per connected user monthly, plus $0.05 per manual refresh. For high-volume needs, a custom plan with trading API access is available, with pricing determined on a case-by-case basis.

  • Is SnapTrade customer service good?

    SnapTrade's customer service receives positive feedback. Users highlight its seamless integration process and reliable performance, leading to a significant reduction in customer support tickets. One user describes their experience as a "breath of fresh air" compared to competitors.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.

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